TOTAL preferential shares are yet to be paid back, so dont celebrate too early and they are worth 9.0b. 5.2b was the second tranche.

Total's results are better and more promising than those of KK, a tip. whenever you calculate TOTAL's EPS, NAV, P?B. please do not forget the preference shares! Until such a time that they'll be paid out. Its a major dilution that's easy to ignore.

TOTAL's route will cost them less in the long term and the dilution is directly on the share price. KK's method will hurt the bottom line, but impinge less on the share itself, the market will take care of that. Like its already doing today.

What i dont like about the pref shares is that total's future earnings and esp balance sheet are dependent on the whims of the pref shareholders, they can spoil the party AT ANY TIME by demanding payment. While for KK, its more predicatable pain of interest payment. I dont like both methods. But i have to admit TOTAL is more fairly valued at current prices and with less encumbrance to grow going forward

Kk will unlock its potential 2014.i expect over 200% profit growth so continue selling to me iam patient for atleast a year from now.

I hope it goes back to the 9.10 levels I repeat the cycle again. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett

I can see guys bidding in millions at 9.70 but this volume is a big plus and sign of confidence in kk.

Damn it!

I've come to realise that these are major shareholders restructuring their portfolio or exiting with the help of their buddies or investment banks.

Because you cant randomly supply 10 million shares and expect someone will buy them, it could take months. Probably they bet with each other how the results would turn out and the help each other restructure/exit for one and entry for the other.

It could also be a major-ish shareholder reducing stake or offloading completely and "KK" aka Plunge protection offering to buy those shares to reduce the blood on the streets.

conspiracy theories much?

The PPT were sleeping??

good volumes trades at 9.00

Supply side weaknesses

50,000 and 25,000

Is the PPT controlling the live data feed at rich.co.ke? I am in data/info darkness.

Ata wakizima taa! also in the dark

9.xy, 10.xy, till takeover/acquisition, 8.xy and 11.xy also . N’way, FY14 will be great (resultswise), and better if the awaited buyer comes knocking