Instead of vomiting ujinga go to the archive and fish out the specific thread to support your allegation.

Segman is a tough man and that is what you need for a CEO in the OIL industry. Although i never used such words, then i had conflicting interests. Now i am a KeKe shareholder so its natural that interests have also changed.

is puma energy listed in any stock exchange ? i'd really like to see how the stock is performing

Who is saying puma is listed in the london stock exchange. Shame on you , lol .

If you look at this brochure from the parent company Trafigura Holdings http://www.trafigura.com...2011_060112_spreads.pdf
you will realise that these people are not only interested in the oil business but are are also looking at the massive coal deposits at Mui Basin in Kitui County. What is even more interesting is why a company with a turnover of USD 122Bn as at 2011 is still private.

What would happen if the minority shareholders which comprise 30% of listed shares are defiant. The defiance may be due to half-truths that (my man) J.I.Segman spread by promising bringing on board a strategic investor. A strategic investor acquires a stake does not take everything when a company is on exponential phase of growth.

and i thought i was the only one who noticed that . Kumbe there's more than meets the eye !
then that esop plan id concluded in split seconds ! kk shareholders should feel cheated !
for me i better just invest in what i understand.

i agree the majority were given something better obviously to what they had in kk otherwise how would they agree to let go of such a good company but for the minority they are just left with nothing ! so bad .

@mjuaji wa stocks,do you think Stella will save KeiKei!?

@mjuaji - Suggestion.

If you (& your friends, chamas, SACCOs) offer s/holders a HIGHER price than Puma, then go see CMA, prepare a bid at a higher price, then ask s/holders for their shares.

Most Minority s/holders will sell to the highest bidder.

In my opinion, the following conditions have to be satisfied:

1) The Bid Price has to exceed the last traded price (In excess of 12.50)
2) The Bid Price has to exceed the NAV/share (after revaluation of ALL assets especially the real estate)
3) The Bid Price has to take into account a reasonable Price/Earnings Ratio [based on several factors including growth potential, stable (excludes one-off) earnings, long-term debt yields]

Segman has been a great manager & grown KK & its profits for years. He has the balls to fight corrupt managers & officials in MoE, KPC, KPRL, etc unlike most other OMCs. Compare to Total!

'Local' management has decimated s/holders in Kenya Airways. The Board of Directors (exclude goK & KLM) have less than 25,000 shares!!!

1) The shares trade 67% below NAV/Share.
2) The profitability varies wildly as they dabble in derivatives/hedges they know nothing about. Emirates does not mess around with hedging. They run the business, not the balance sheet!
3) The Directors & Management own very few shares in KQ but earn HUGE salaries & perks (free flights for family members) which are paid no matter what happens to profits or share price (Segman has 100mn+ options so share price is critical to him)

Please, please offer s/holders MORE than Puma. This will force them to increase the bid if they want to buy KK. If you (& your friends, chamas, SACCOs) 'win' then KK remains 'Kenyan' but minorities get paid a better price! Winners all around!

@Aguytrying Thank you for informing the paranoid masses..