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KENOL KOBIL .... 2012
Rank: Elder Joined: 9/12/2006 Posts: 1,554
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gathinga wrote:VituVingiSana wrote:Jamani wrote:VituVingiSana wrote:speculator wrote:Jamani wrote:Niko na tension..... time is not moving.... just want to see the market reaction Will 10% rule apply today hata mimi cant wait. 10% rule suspended... VVS i dont get it, could you kindly elaborate When a material announcement is made e.g. dividend, bonus, results... the 10% daily variation rule is suspended for 1 trading session. In KK's case, the potential 'takeover' can be defined as material news hence the 10% rule is suspended for 1 trading session. ANYONE with the market numbers for today. the volumes and the prices? Hakuna kitu cards are being held close to the chest.
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Rank: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi
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I can only see demand at 12000 at ksh.12.30 versus 0 supply time 9.55am "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 1/3/2007 Posts: 18,129 Location: Nairobi
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Jamani wrote:VituVingiSana wrote:Jamani wrote:VituVingiSana wrote:speculator wrote:Jamani wrote:Niko na tension..... time is not moving.... just want to see the market reaction Will 10% rule apply today hata mimi cant wait. 10% rule suspended... VVS i dont get it, could you kindly elaborate When a material announcement is made e.g. dividend, bonus, results... the 10% daily variation rule is suspended for 1 trading session. In KK's case, the potential 'takeover' can be defined as material news hence the 10% rule is suspended for 1 trading session. Got it, yeah thats the normal rule, because of tension i thought you meant the rule has been suspended  BTW, KK has been 'suspended' from trading at the moment. I think it will start trading tomorrow & will fluctuate wildly but definitely close higher  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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VituVingiSana wrote:In KK's case, the potential 'takeover' can be defined as material news.
Is this considered a takeover/potential takeover? The 'key shareholder' if we're to assume it's the majority holder, Wells Petroleum Holdings Limited has about 25%. Would that be enough to rebrand the company to Puma Energy?
BBI will solve it :)
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Rank: Veteran Joined: 3/26/2012 Posts: 1,182
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Nobody is selling so far.. Nil supply and just over 10,000 demand.
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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a friend just sold his sizable just last week,i dont know how he will react with such news
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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and i have ZERO shares here as we speak ! lol
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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2012 wrote:VituVingiSana wrote:In KK's case, the potential 'takeover' can be defined as material news.
Is this considered a takeover/potential takeover? The 'key shareholder' if we're to assume it's the majority holder, Wells Petroleum Holdings Limited has about 25%. Would that be enough to rebrand the company to Puma Energy? this is what part of the statement reads "Puma Energy would comply with the requirements of the regulations under the Capital Markets Act, and contemplates making a Take-Over offer to acquire all the shares in the Company in accordance with those regulations" Important to note: comtemplates making a take-over offer to accquire all shares
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Tomorrow the 10 percent limit will apply...
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Kenol kobil has not started trading. For those asking. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 11/30/2006 Posts: 635
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VituVingiSana wrote:Jamani wrote:VituVingiSana wrote:Jamani wrote:VituVingiSana wrote:speculator wrote:Jamani wrote:Niko na tension..... time is not moving.... just want to see the market reaction Will 10% rule apply today hata mimi cant wait. 10% rule suspended... VVS i dont get it, could you kindly elaborate When a material announcement is made e.g. dividend, bonus, results... the 10% daily variation rule is suspended for 1 trading session. In KK's case, the potential 'takeover' can be defined as material news hence the 10% rule is suspended for 1 trading session. Got it, yeah thats the normal rule, because of tension i thought you meant the rule has been suspended BTW, KK has been 'suspended' from trading at the moment. I think it will start trading tomorrow & will fluctuate wildly but definitely close higher this is an eternity for people with 2000 shares like us.
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Rank: Chief Joined: 1/3/2007 Posts: 18,129 Location: Nairobi
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FUNKY wrote:Tomorrow the 10 percent limit will apply... If KK does not trade today, then the 10% will NOT apply tomorrow Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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youcan'tstopusnow wrote:Metasploit wrote:KK majority shareholders should hold on for a little longer! Agreed. But sioni wote wakiuza thus Puma may not be obligated to launch a full takeover... nice one about pple being served cashewnuts. My friend major shareholders have already signed to sell majority of their share holding. The only thing we are waiting for is for CMA to approve the agreement and at what price they agreed to sell at. After which Puma are considering to make a take over. Read in layman language(si u know PR lazima), then puma will take take over the company. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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New Blogpost: Puma Energy to Buy Kenol Kobil In this post I'm valuing Kenol Kobil at $500mn which equates to an acquisition price of Sh28 per share by Puma Energy. You can read more on this link http://www.contrarianinv...nergy-to-buy-kenol-kobil
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Rank: Member Joined: 10/14/2011 Posts: 661
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Aguytrying wrote:youcan'tstopusnow wrote:Metasploit wrote:KK majority shareholders should hold on for a little longer! Agreed. But sioni wote wakiuza thus Puma may not be obligated to launch a full takeover... nice one about pple being served cashewnuts. My friend major shareholders have already signed to sell majority of their share holding. The only thing we are waiting for is for CMA to approve the agreement and at what price they agreed to sell at. After which Puma are considering to make a take over. Read in layman language(si u know PR lazima), then puma will take take over the company. The majority shareholders of oil marketer KenolKobil are set to sell their shares to Switzerland-based oil firm http://www.businessdaily...6/-/leslu9/-/index.html
KenolKobil Cautionary Statement http://www.capitalfm.co....s-up-kenolkobil-shares/
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Aguytrying wrote:youcan'tstopusnow wrote:Metasploit wrote:KK majority shareholders should hold on for a little longer! Agreed. But sioni wote wakiuza thus Puma may not be obligated to launch a full takeover... nice one about pple being served cashewnuts. My friend major shareholders have already signed to sell majority of their share holding. The only thing we are waiting for is for CMA to approve the agreement and at what price they agreed to sell at. After which Puma are considering to make a take over. Read in layman language(si u know PR lazima), then puma will take take over the company. Hehe. Majority could be 51% or it could be 80%. Get what I was trying to say? GOD BLESS YOUR LIFE
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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[quote=the deal]New Blogpost: Puma Energy to Buy Kenol Kobil In this post I'm valuing Kenol Kobil at $500mn which equates to an acquisition price of Sh28 per share by Puma Energy. You can read more on this link http://www.contrarianinv...ergy-to-buy-kenol-kobil[/quote] hopefully the scrapping of promotions such as Deal Poa and the companies focus on high margin business lines Thank you for your thoughts, a few comments, Deal poa is still in effect wednesday and sunday. There is even a deal on LPG. Looks like you rushed this one out the door. How do you arrive at $500m? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Why suspend KEKE leo yet the announcement was made jana? What type of grass are these people smoking? Ata Marikiti kuna order! GOD BLESS YOUR LIFE
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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youcan'tstopusnow wrote:Aguytrying wrote:youcan'tstopusnow wrote:Metasploit wrote:KK majority shareholders should hold on for a little longer! Agreed. But sioni wote wakiuza thus Puma may not be obligated to launch a full takeover... nice one about pple being served cashewnuts. My friend major shareholders have already signed to sell majority of their share holding. The only thing we are waiting for is for CMA to approve the agreement and at what price they agreed to sell at. After which Puma are considering to make a take over. Read in layman language(si u know PR lazima), then puma will take take over the company. Hehe. Majority could be 51% or it could be 80%. Get what I was trying to say? gotcha The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Aguytrying wrote:[quote=the deal]New Blogpost: Puma Energy to Buy Kenol Kobil In this post I'm valuing Kenol Kobil at $500mn which equates to an acquisition price of Sh28 per share by Puma Energy. You can read more on this link http://www.contrarianinv...ergy-to-buy-kenol-kobil[/quote] hopefully the scrapping of promotions such as Deal Poa and the companies focus on high margin business lines Thank you for your thoughts, a few comments, Deal poa is still in effect wednesday and sunday. There is even a deal on LPG. Looks like you rushed this one out the door. How do you arrive at $500? Yes. Please elaborate... GOD BLESS YOUR LIFE
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