wazua Mon, Jul 21, 2025
Welcome Guest Search | Active Topics | Log In

KQ to raise Additional Capital
VituVingiSana
#1 Posted : Thursday, February 17, 2011 4:30:36 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,215
Location: Nairobi
Bond, Rights, New Issue? Or a capital injection from KLM?

No idea but coming soon... Also I wonder how much?

In 2011, so many IPOs, Listings, Bonds, Rights, etc coming up!

1) TransCentury
2) Britak [7bn]
3) KQ

We had Deacons [700-800mn], I&M Bank [2.4bn] & KPLC [9.5bn] in 4Q 2010...

The huge 18bn GoK Bond closes on 22 Feb 2011...

Don't forget the Bonds raised by Safaricom & CFCStanbic among others. A few billions there...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
bartum
#2 Posted : Thursday, February 17, 2011 4:39:12 PM
Rank: Veteran


Joined: 8/11/2010
Posts: 1,011
Location: nairobi
@vvs is that insider info.
If its true then the market may slight be depressed for some time.
Anyway @vvs give us what the wazuans love to say! the link.
VituVingiSana
#3 Posted : Thursday, February 17, 2011 4:42:15 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,215
Location: Nairobi
@bartum... Yaiii! No inside info... It is on SuraKitabu!

A nice crate of cold apologies would work even better!

http://www.facebook.com/...ote_id=10150135169671703
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
ProverB
#4 Posted : Thursday, February 17, 2011 6:08:22 PM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
http://www.nse.co.ke/new...ress%20release%20KQ.pdf
it's posted on the nse site
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
qw25041985
#5 Posted : Thursday, February 17, 2011 8:42:36 PM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
[quote=VituVingiSana]@bartum... Yaiii! No inside info... It is on SuraKitabu!

A nice crate of cold apologies would work even better!

http://www.facebook.com/...te_id=10150135169671703[/quote]

WOW !!!!! @ VVS . u know facebook .Applause Applause Applause Applause Applause and the way we thought you were from the stone age ....Laughing out loudly Laughing out loudly
Your future depends on your dreams so go to sleep !
X13united
#6 Posted : Thursday, February 17, 2011 8:52:52 PM
Rank: Member


Joined: 8/26/2010
Posts: 124
Ofcourse,shareholders authorisation required,meaning,we have to wait n wait some more. I now notice companies comin up with goodies ,banks-retrenchment(unfortunate for those facing the axe). Mumias- acquiring of two government owned plants . Now kq- installation of the new simulator n hasslin for more funds required for expansion. To me none of these sound genuine enough, in other words,they are saying we should nt lose hope,simply sugarcotin the sour test left in our portfolios of late.-is this the unwritten memo that i never got?
Gordon Gekko
#7 Posted : Thursday, February 17, 2011 9:31:05 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
@X13, KQ has only two shareholders, KLM - 26% and GOK - 23%. Everyone else is a noisy irritant. This we were painfully told by a former chairman, Isaac Omolo Okero.
VituVingiSana
#8 Posted : Thursday, February 17, 2011 9:54:40 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,215
Location: Nairobi
qw25041985 wrote:
[quote=VituVingiSana]@bartum... Yaiii! No inside info... It is on SuraKitabu!

A nice crate of cold apologies would work even better!

http://www.facebook.com/...te_id=10150135169671703[/quote]

WOW !!!!! @ VVS . u know facebook .Applause Applause Applause Applause Applause and the way we thought you were from the stone age ....Laughing out loudly Laughing out loudly
Those of us from the Stone Age keep our promises...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#9 Posted : Thursday, February 17, 2011 9:58:47 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,215
Location: Nairobi
Gordon Gekko wrote:
@X13, KQ has only two shareholders, KLM - 26% and GOK - 23%. Everyone else is a noisy irritant. This we were painfully told by a former chairman, Isaac Omolo Okero.
LOL... True that as I have learned with many firms! Bottomline is the majority shareholder gets what they want!

Olympia - At the end of the day, matu is CEO while the price is at 4.80 & dropping

Sameer/Firestone - Only merali makes money

City Trust - Chairman installs his son as director

That's why Warren Buffett says:
- Only invest if you trust the management
- Invest in a firm/business an idiot can run
- Invest only if Management has a real stake
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
the deal
#10 Posted : Friday, February 18, 2011 7:09:43 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Lets hope they don't do a rights issue otherwise we will pick KQ in the 30s...KQ to Joburg is 60K yet Ethiopia airlines is 42K...
VituVingiSana
#11 Posted : Friday, February 18, 2011 8:25:56 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,215
Location: Nairobi
the deal wrote:
Lets hope they don't do a rights issue otherwise we will pick KQ in the 30s...KQ to Joburg is 60K yet Ethiopia airlines is 42K...
Ethiopian is subsidized by the ET govt [or not taxed as heavily]...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
ProverB
#12 Posted : Friday, February 18, 2011 11:12:16 AM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
Hope it ain't a ploy to play market perception..kiasi freebiz like like terribly discounted shares..
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2025 Wazua.co.ke. All Rights Reserved.