Really!!

...Segman should pursue KP with more vigour now. This may save the share from serious beating though we are waiting at 9.80!

Since this is like poker now, i wonder what card KK management have up their sleeve.
They must have anticipated what will happen with this news, and related it with the take over .

I also noted (though it might be nothing) the talk of a full takeover has disappeared from the media and KK as well. Like in half yr results, Segman used the word "strategic investor"...

I prefer a buy-out at a fair price (18 or higher) but with the BS by the employees, perhaps Puma will just buy out 49% of the shareholders so become the de facto 'control' while KK remains listed as KK. Selling shares to Puma is allowed. A pity if we can't get to sell out at a higher price coz the BS by employees. Legally, KK remains KK.

OR Puma buys shares in KK like Helios did in Equity so they become significant shareholders. It achieves their goal/s but as existing shareholders we are stuck since the best exit for us will be a buy-out.

All that said... KK will remain profitable & so being a shareholder in an expanded KK is not a bad idea.

10% downwards lifted.