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KENOL KOBIL .... 2012
VituVingiSana
#1341 Posted : Friday, July 06, 2012 1:28:10 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
PKoli wrote:
2012 wrote:
VituVingiSana wrote:
cnn wrote:
http://www.kenolkobil.com/images/DOWNLOADS/press%20release.pdf
The employees should quit & look for jobs elsewhere if they are not happy.

Why should they quit? They helped build the place to the multi-billion company it is today and they deserve all they can get! I'm behind them 100%.
PUMA will still need them
Then Puma can re-hire them.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Cde Monomotapa
#1342 Posted : Friday, July 06, 2012 1:34:06 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
VituVingiSana wrote:
2012 wrote:
VituVingiSana wrote:
cnn wrote:
http://www.kenolkobil.com/images/DOWNLOADS/press%20release.pdf
The employees should quit & look for jobs elsewhere if they are not happy.
Why should they quit? They helped build the place to the multi-billion company it is today and they deserve all they can get! I'm behind them 100%.
Nonsense. They were PAID for their jobs. NONE of them worked for free. Show me one employee who worked for 'free' and asked only for a payoff when KK was sold.

I concur @VVS
Jamani
#1343 Posted : Friday, July 06, 2012 1:54:50 PM
Rank: Elder


Joined: 9/12/2006
Posts: 1,554
Cde Monomotapa wrote:
VituVingiSana wrote:
2012 wrote:
VituVingiSana wrote:
cnn wrote:
http://www.kenolkobil.com/images/DOWNLOADS/press%20release.pdf
The employees should quit & look for jobs elsewhere if they are not happy.
Why should they quit? They helped build the place to the multi-billion company it is today and they deserve all they can get! I'm behind them 100%.
Nonsense. They were PAID for their jobs. NONE of them worked for free. Show me one employee who worked for 'free' and asked only for a payoff when KK was sold.

I concur @VVS


Me too and am sure Puma will use the law to sort them out, they need not to panic running up and down like headless chicken
maina20
#1344 Posted : Friday, July 06, 2012 2:46:48 PM
Rank: Member


Joined: 7/21/2010
Posts: 249
Location: nairobi
Jamani wrote:
Cde Monomotapa wrote:
VituVingiSana wrote:
2012 wrote:
VituVingiSana wrote:
cnn wrote:
http://www.kenolkobil.com/images/DOWNLOADS/press%20release.pdf
The employees should quit & look for jobs elsewhere if they are not happy.
Why should they quit? They helped build the place to the multi-billion company it is today and they deserve all they can get! I'm behind them 100%.
Nonsense. They were PAID for their jobs. NONE of them worked for free. Show me one employee who worked for 'free' and asked only for a payoff when KK was sold.

I concur @VVS


Me too and am sure Puma will use the law to sort them out, they need not to panic running up and down like headless chicken

Never through stones if u live in a glass house...
..desire to succeed is always fighting with fear of failure..
Jamani
#1345 Posted : Friday, July 06, 2012 2:59:18 PM
Rank: Elder


Joined: 9/12/2006
Posts: 1,554
maina20 wrote:
Jamani wrote:
Cde Monomotapa wrote:
VituVingiSana wrote:
2012 wrote:
VituVingiSana wrote:
cnn wrote:
http://www.kenolkobil.com/images/DOWNLOADS/press%20release.pdf
The employees should quit & look for jobs elsewhere if they are not happy.
Why should they quit? They helped build the place to the multi-billion company it is today and they deserve all they can get! I'm behind them 100%.
Nonsense. They were PAID for their jobs. NONE of them worked for free. Show me one employee who worked for 'free' and asked only for a payoff when KK was sold.

I concur @VVS


Me too and am sure Puma will use the law to sort them out, they need not to panic running up and down like headless chicken

Never through stones if u live in a glass house...


For sure never even if you are living in a cave but lazima ujipange whatever your status. And commenting on this does not constitute forgetting the plight of the worker but only stresses that there are laws to be followed in any buyout or layoff, we should always be prepared and plan in advance for such eventualities. This has not only affected KK employees but many more.. Kencell, Celtel, Zain, Telkom, KDN, Posta, UUNET, EABL, Safcom, Agip, Caltex, Shell, the list is endless. Whether we live in stone houses, caves or glass houses it happens, its inevitable.... people have to always be ready... Jipange!!!
mwekez@ji
#1346 Posted : Saturday, July 07, 2012 12:34:32 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121


Sasa tunataka due diligence report. I trust wameimaliza
yaserbigchair
#1347 Posted : Saturday, July 07, 2012 4:10:23 PM
Rank: Member


Joined: 7/19/2006
Posts: 113
Location: Mombasa
I did adviced people here to sell KPLC but many ignored and others even went to the extend of telling me how to write my comments NOT to use caps.

I want to who sold his KPLC over 24/-??? (the price they thought would go over it).

This time I am advicing my friends here on the forward to KENOL.

My broker sugested at the beginning of the deal talks that shareholders will be paid 20/-

I am saying I DON'T THINK SO!

Best price 17/- or below (at the moment).

Trade with caution.
Sound that I love most: Is the ringing bell of Stock Market.
PKoli
#1348 Posted : Saturday, July 07, 2012 11:55:25 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
yaserbigchair wrote:
I did adviced people here to sell KPLC but many ignored and others even went to the extend of telling me how to write my comments NOT to use caps.

I want to who sold his KPLC over 24/-??? (the price they thought would go over it).

This time I am advicing my friends here on the forward to KENOL.

My broker sugested at the beginning of the deal talks that shareholders will be paid 20/-

I am saying I DON'T THINK SO!

Best price 17/- or below (at the moment).

Trade with caution.


Are you basing your recommendation on your broker's estimate or what you think is the fair value of KK?
Metasploit
#1349 Posted : Sunday, July 08, 2012 11:59:04 AM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
yaserbigchair wrote:
I did adviced people here to sell KPLC but many ignored and others even went to the extend of telling me how to write my comments NOT to use caps.

I want to who sold his KPLC over 24/-??? (the price they thought would go over it).

This time I am advicing my friends here on the forward to KENOL.

My broker sugested at the beginning of the deal talks that shareholders will be paid 20/-

I am saying I DON'T THINK SO!

Best price 17/- or below (at the moment).

Trade with caution.



“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
sparkly
#1350 Posted : Sunday, July 08, 2012 1:07:03 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
yaserbigchair wrote:
I did adviced people here to sell KPLC but many ignored and others even went to the extend of telling me how to write my comments NOT to use caps.

I want to who sold his KPLC over 24/-??? (the price they thought would go over it).

This time I am advicing my friends here on the forward to KENOL.

My broker sugested at the beginning of the deal talks that shareholders will be paid 20/-

I am saying I DON'T THINK SO!

Best price 17/- or below (at the moment).

Trade with caution.

I cant remember you advising anyone to buy KK. I also dont see any advise in this post! You are a funny one.
Life is short. Live passionately.
Aguytrying
#1351 Posted : Sunday, July 08, 2012 8:44:52 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
yaserbigchair wrote:
I did adviced people here to sell KPLC but many ignored and others even went to the extend of telling me how to write my comments NOT to use caps.

I want to who sold his KPLC over 24/-??? (the price they thought would go over it).

This time I am advicing my friends here on the forward to KENOL.

My broker sugested at the beginning of the deal talks that shareholders will be paid 20/-

I am saying I DON'T THINK SO!

Best price 17/- or below (at the moment).

Trade with caution.


Your post is in coherent, please correct it and in proper English if you want people to understand.
The investor's chief problem - and even his worst enemy - is likely to be himself
mwekez@ji
#1352 Posted : Sunday, July 08, 2012 9:54:30 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
youcan'tstopusnow
#1353 Posted : Sunday, July 08, 2012 10:30:28 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa

The initial court order led to the stock being hammered by the market. Will the opposite transpire kesho? Tupatane 9.30
GOD BLESS YOUR LIFE
PKoli
#1354 Posted : Sunday, July 08, 2012 11:26:59 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
PKoli
#1355 Posted : Sunday, July 08, 2012 11:30:05 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
youcan'tstopusnow wrote:

The initial court order led to the stock being hammered by the market. Will the opposite transpire kesho? Tupatane 9.30


We await final announcement from KK before the stock shoots! When they tell us the price has been agreed at KES 24 a piece..
VituVingiSana
#1356 Posted : Sunday, July 08, 2012 11:55:34 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
Nothing new in the article. It is poorly written & just done to fill space & sell more copies! The 70% s/holders will 'cede' [which could be sell or get a piece of Puma] their shares to Puma. It is all good as long as the 30% get a fair price!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
PKoli
#1357 Posted : Monday, July 09, 2012 12:21:41 AM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
VituVingiSana wrote:
Nothing new in the article. It is poorly written & just done to fill space & sell more copies! The 70% s/holders will 'cede' [which could be sell or get a piece of Puma] their shares to Puma. It is all good as long as the 30% get a fair price!


BD needs to hire business writers or retrain those they have. As VVS says, the article has nothing new.
Cde Monomotapa
#1358 Posted : Monday, July 09, 2012 1:17:59 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Is it not simpler to just await KK to tell us the true position? If people are getting nervous then sell the stock and move on.
yaserbigchair
#1359 Posted : Monday, July 09, 2012 7:12:01 AM
Rank: Member


Joined: 7/19/2006
Posts: 113
Location: Mombasa
I basing my selling price to the information I am having,that tells me Puma are buying at 20 from the majority shareholders but again after the finalization somewhere next month,the minority will be bought out through "general" this means you can not opt "NOT TO SELL".

Obviously at the current market prices it shows you what the figure will be given by Puma.

Like any shopper they will ask for discount of that 20/- now the question is at what discount would you ask for your purchases worth OVER 5billion??? (from the purchase of minority).
Sound that I love most: Is the ringing bell of Stock Market.
Jamani
#1360 Posted : Monday, July 09, 2012 8:25:15 AM
Rank: Elder


Joined: 9/12/2006
Posts: 1,554
yaserbigchair wrote:
I basing my selling price to the information I am having,that tells me Puma are buying at 20 from the majority shareholders but again after the finalization somewhere next month,the minority will be bought out through "general" this means you can not opt "NOT TO SELL".

Obviously at the current market prices it shows you what the figure will be given by Puma.

Like any shopper they will ask for discount of that 20/- now the question is at what discount would you ask for your purchases worth OVER 5billion??? (from the purchase of minority).


Yaser.. you seem to propagate the idea that minority shareholders have no option but to sell at whatever price Puma will decide even if its 1 shilling... could you please come out of the big chair and refer to the law read it slowly and carefully see what it says about the offer price for minority and majority shareholders in buyouts.
Then read it further you might see a statement that says you have a choice to sell or keep...
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