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KQ is now trading at 13.50 - below rights issue
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Obi 1 Kanobi
#21 Posted : Thursday, March 22, 2012 7:35:06 PM
Rank: Elder

Joined: 7/23/2008
Posts: 3,017
Real investors need to now evaluate the company instead of the stock price.

I remember awhile back people ignored EABL coz the rights issue was higher than the market price, thats when Diageo swooped in and took up majority control, now they are laughing all the way to the bank.

Me thinks one is better off buying the rights or selling off any holdings just to protect one's value because they will be diluted by the rights issue.

The directors are not issuing the rights for capital only, they are doing it so they can improve their gearing which will allow them to borrow the Sh 330B they need for their expansion
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
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maka
#22 Posted : Thursday, March 22, 2012 8:17:31 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Risk takers,profit makers...
possunt quia posse videntur
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guru267
#23 Posted : Thursday, March 22, 2012 9:25:53 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Obi 1 Kanobi wrote:
Real investors need to now evaluate the company instead of the stock price.

Me thinks one is better off buying the rights or selling off any holdings just to protect one's value because they will be diluted by the rights issue.


How about a KQ shareholder avoids dilution by buying her exact number of rights off the market at below the rights offer price..

I mean she can buy at @ 13.65 today and possibly 8bob after the offer is complete..

Mark 12:29
Deuteronomy 4:16
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  | | Edit by user: Thursday, March 22, 2012 10:50 PM | Reason: Not specified
jerry
#24 Posted : Thursday, March 22, 2012 10:15:25 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Great company at fair price rather than fair company at great price.
The opposite of courage is not cowardice, it's conformity.
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guru267
#25 Posted : Thursday, March 22, 2012 10:51:55 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
jerry wrote:
Great company at fair price rather than fair company at great price.


smile
Mark 12:29
Deuteronomy 4:16
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platinum seeker
#26 Posted : Friday, March 23, 2012 8:55:27 AM
Rank: New-farer

Joined: 10/22/2010
Posts: 35
Location: Nairobi
Ali Baba wrote:
I work in the airline industry,and I wouldn't touch a KQ stock or any other airline with a nine-foot pole.


@Ali Baba...I like your honesty....it's interesting to note that the current directors are in this same boat in regard to share ownership...Not talking
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mlennyma
#27 Posted : Friday, March 23, 2012 11:41:24 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
An historic low of 12.55 has printed.
"Don't let the fear of losing be greater than the excitement of winning."
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amolo
#28 Posted : Friday, March 23, 2012 11:48:56 AM
Rank: Member

Joined: 1/29/2007
Posts: 70
Now, let's not complicate issues with theory: You want to buy 10,000 shares. One person is selling to you at 4/- another person is selling to you at 3/65. Assuming you do not have a lose nut in your head, and you are using your hard earned Ksh, not using corruption money, which one do you buy!Simple like that.
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McReggae
#29 Posted : Friday, March 23, 2012 11:57:42 AM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
amolo wrote:
Now, let's not complicate issues with theory: You want to buy 10,000 shares. One person is selling to you at 4/- another person is selling to you at 3/65. Assuming you do not have a lose nut in your head, and you are using your hard earned Ksh, not using corruption money, which one do you buy!Simple like that.


No brainer really!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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martcentre
#30 Posted : Friday, March 23, 2012 12:39:07 PM
Rank: New-farer

Joined: 12/31/2011
Posts: 11
guru267 wrote:
jerry wrote:
Great company at fair price rather than fair company at great price.


smile

@guru267 Kindly email me at martcentre@consultant.com Thanks
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