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KENOL KOBIL .... 2012
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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mlennyma wrote:Unfortunately i have only 60k available online after which nitaanza kukula kk na macho. The KK counter looks set to be overcrowded with demand tomorrow.. Better get in early to catch the worms.  Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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According to the laws of Kenya. a takeover price must be at least 30% higher than the price before suspension. 12.50*1.3= 16.25. like many people have expressed here, the lifting of suspension co-inciding with profit warning could be a way of softening up investors to a lower strike price. only a few more hours. 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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I trust that Kestrel was privy to KK's performance before making known their expected target price ********************** They should make the announcement on Friday so we can sell at 20 bob regardless;-) GOD BLESS YOUR LIFE
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Aguytrying wrote:According to the laws of Kenya. a takeover price must be at least 30% higher than the price before suspension. 12.50*1.3= 16.25.
Thank you learned friend GOD BLESS YOUR LIFE
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Aguytrying wrote:According to the laws of Kenya. a takeover price must be at least 30% higher than the price before suspension. 12.50*1.3= 16.25. @aguytrying if this is true it means we have been sitting on a potential arbitrage play the whole of last week.. Mark 12:29
Deuteronomy 4:16
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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haki the amount of guessing here can make you dizzy ! wacha tuone next week .
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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youcan'tstopusnow wrote:Aguytrying wrote:According to the laws of Kenya. a takeover price must be at least 30% higher than the price before suspension. 12.50*1.3= 16.25.
Thank you learned friend unfortunately i am not. I came across it last month when i was reading up. May someone else corroborate this. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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Takeover of KenolKobil on the rocks as workers move to court http://www.standardmedia...as-workers-move-to-courtHistory will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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So KK began trading again as the deal was 'technically done'... GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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[quote=BGL]Takeover of KenolKobil on the rocks as workers move to court http://www.standardmedia...s-workers-move-to-court[/quote] $500mn just like in this blog post http://www.contrarianinv...ergy-to-buy-kenol-kobil woooow!!!
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Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
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Aguytrying wrote:According to the laws of Kenya. a takeover price must be at least 30% higher than the price before suspension. 12.50*1.3= 16.25.
like many people have expressed here, the lifting of suspension co-inciding with profit warning could be a way of softening up investors to a lower strike price.
only a few more hours.
1) Ebu, tell me WHERE this 'law' is... Pap. Please include all the info possible so we can look this up to make our own interpretation. 2) If KK wanted the takeover price to be lower (using the 30% 'law') then why re-start trading? Previously, it was 12.50 but now 14.25 as the VWAP. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Quote “We understand that the company has technically changed hands, while our issues as to how we will be relating to the new company have not been addressed,” said an employee who asked not to be named for fear of victimisation. end of quote.. Mwenye pesa mpishe....... the employees seem to just want relationship and their jobs guaranteed nothing to stop the takeover... these are hiccups... kelele ya chura...
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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It would be nice getting another slice today early morning......
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Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
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Jamani wrote:Quote “We understand that the company has technically changed hands, while our issues as to how we will be relating to the new company have not been addressed,” said an employee who asked not to be named for fear of victimisation. end of quote.. Mwenye pesa mpishe....... the employees seem to just want relationship and their jobs guaranteed nothing to stop the takeover... these are hiccups... kelele ya chura... They can always quit. Like Today. Scoot. Leo. Tafuta kazi pengine. Pap. 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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Jamani wrote:It would be nice getting another slice today early morning...... I won't be shocked if Puma pays 12/-
BBI will solve it :)
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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2012 wrote:Jamani wrote:It would be nice getting another slice today early morning...... I won't be shocked if Puma pays 12/- Then we sorry I wont sell, we(I) go back to the principal idea of why we(I) invested in KK, does it still hold water? or is it oil....
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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2012 wrote:Jamani wrote:It would be nice getting another slice today early morning...... I won't be shocked if Puma pays 12/- No problem sir, so long us they dont force me to sell them my shares! @SufficientlyP
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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VituVingiSana wrote:Jamani wrote:Quote “We understand that the company has technically changed hands, while our issues as to how we will be relating to the new company have not been addressed,” said an employee who asked not to be named for fear of victimisation. end of quote.. Mwenye pesa mpishe....... the employees seem to just want relationship and their jobs guaranteed nothing to stop the takeover... these are hiccups... kelele ya chura... They can always quit. Like Today. Scoot. Leo. Tafuta kazi pengine. Pap. So painful but true! Reminds me of ABBA's song...Money money money, it's a rich mans world! @SufficientlyP
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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2012 wrote:Jamani wrote:It would be nice getting another slice today early morning...... I won't be shocked if Puma pays 12/- Seriously they would be willing to pay less than fair market value?? Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Sufficiently Philanga....thropic wrote:VituVingiSana wrote:Jamani wrote:Quote “We understand that the company has technically changed hands, while our issues as to how we will be relating to the new company have not been addressed,” said an employee who asked not to be named for fear of victimisation. end of quote.. Mwenye pesa mpishe....... the employees seem to just want relationship and their jobs guaranteed nothing to stop the takeover... these are hiccups... kelele ya chura... They can always quit. Like Today. Scoot. Leo. Tafuta kazi pengine. Pap. So painful but true! Reminds me of ABBA's song...Money money money, it's a rich mans world! In most buy outs or management change a few staff might fall out, checkout cases in Kencell, Celtel, Airtel, Safaricom, MTNbusiness, KDN..... its not personal its just business... as someone once said always strive to own the ladder and decide who will climb it
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