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Its A Rights Issue From Kenya Airways!
the deal
#1 Posted : Tuesday, September 13, 2011 6:50:11 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Yes

Kenya Airways to raise capital through cash call

http://af.reuters.com/article/k...ws/idAFL5E7KD2JI20110913
the deal attached the following image(s):
j0433122rv.jpg (32kb) downloaded 107 time(s).
youcan'tstopusnow
#2 Posted : Tuesday, September 13, 2011 7:22:40 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Govt. had already let the cat out of the bag.
Price is what investors are waiting for...
Share closed at 30.50.
GOD BLESS YOUR LIFE
Sober
#3 Posted : Tuesday, September 13, 2011 7:32:04 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
I hope they are not having a crazy idea of offering the rights soon because the timing will be so disastrous to the already malnourished share price considering where it was 5 years ago.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
QW25081985
#4 Posted : Tuesday, September 13, 2011 7:39:05 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
i thought somebody already calculated it to be right price of 24 bob ...
Sober
#5 Posted : Tuesday, September 13, 2011 8:03:49 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
Will the current shareholders be willing to sink more money to save the company? Taking os non KLM or big shareholders.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
the deal
#6 Posted : Tuesday, September 13, 2011 8:19:26 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
My offer is 15-20 bob considering the effects of this RI on EPS will linger on for years and probably by that time KQ's fortunes would have turned South wards...i expect the share price to heard towards 20's in the coming weeks...
Cde Monomotapa
#7 Posted : Tuesday, September 13, 2011 9:12:39 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Sober wrote:
Will the current shareholders be willing to sink more money to save the company? Taking os non KLM or big shareholders.

Boss, Airzim needs salvation. KQ needs a boost. Big difference smile
QW25081985
#8 Posted : Tuesday, September 13, 2011 9:45:14 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
the deal wrote:
My offer is 15-20 bob considering the effects of this RI on EPS will linger on for years and probably by that time KQ's fortunes would have turned South wards...i expect the share price to heard towards 20's in the coming weeks...


i agree. But it wount crack 24 support ....Very unlikely
QW25081985
#9 Posted : Tuesday, September 13, 2011 9:50:36 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
All other investors ( apart from KLM and Gover) are fighting for only 50% of the right offered . this means an outright OVER SUBSCRIPTION !!!!!!!
Cde Monomotapa
#10 Posted : Wednesday, September 14, 2011 6:13:34 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
QW25081985 wrote:
All other investors ( apart from KLM and Gover) are fighting for only 50% of the right offered . this means an outright OVER SUBSCRIPTION !!!!!!!

Another interpretation of OVER SUBSCRIPTION scandal in the offing @QW? Laughing out loudly Laughing out loudly
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