Wazua
»
Investor
»
Stocks
»
Unga limited takeover
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Closed at 44 with VWAP of 42.50 with 405,000+ shares traded.
The buyers, assuming they are not connected with Seaboard/Victus, must be angling for a better price for the takeover.
Opening up the trading of shares was laudable even though it was clumsily done without proper notice/info from NSE to shareholders. I hope they have learned and the next time they do it better. Meanwhile, congratulations on your investment in UNGA.. You are one lucky bastard Luck has little to do with it. I must have a loooong post somewhere on why I own/held Unga. I admit I am a bit concerned/upset about Corporate Governance [well, not Unga directly but Victus trying to pull one over minority shareholders in concert with Seaboard]... The NAV on the books is KES 50. Add the EPS for 1H 2017-18 [waiting for results by 31st March] and EPS for 2H and that can add 5/-. Plus the last revaluation of "Operating Lease Rentals" was done in 2013 at 878,500,000/-. Most of his is not included in the NAV. Fair Value should be KES 60-80 after adding in other assets that could be revalued. You know an awful lot for someone who can't settle a debt of USD 120! Yes!  Received KShs 12,000 cash money today at 1604 Hrs. I will invest the same in your honour It wasn't easy! but I am glad you got it. Plant a few trees.  @ Obiero pia alipe pesa za wenyewe. He owes @vvs 100k. Wazuan republic is on a lookout to see those who make nasty bets as agonising as pawning and subsequent removal of their kidneys here and honor their pledges. But in this case a hard currency is in large demand and money is expected to change hands. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,337 Location: nairobi
|
Spikes wrote:VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Closed at 44 with VWAP of 42.50 with 405,000+ shares traded.
The buyers, assuming they are not connected with Seaboard/Victus, must be angling for a better price for the takeover.
Opening up the trading of shares was laudable even though it was clumsily done without proper notice/info from NSE to shareholders. I hope they have learned and the next time they do it better. Meanwhile, congratulations on your investment in UNGA.. You are one lucky bastard Luck has little to do with it. I must have a loooong post somewhere on why I own/held Unga. I admit I am a bit concerned/upset about Corporate Governance [well, not Unga directly but Victus trying to pull one over minority shareholders in concert with Seaboard]... The NAV on the books is KES 50. Add the EPS for 1H 2017-18 [waiting for results by 31st March] and EPS for 2H and that can add 5/-. Plus the last revaluation of "Operating Lease Rentals" was done in 2013 at 878,500,000/-. Most of his is not included in the NAV. Fair Value should be KES 60-80 after adding in other assets that could be revalued. You know an awful lot for someone who can't settle a debt of USD 120! Yes! Received KShs 12,000 cash money today at 1604 Hrs. I will invest the same in your honour It wasn't easy! but I am glad you got it. Plant a few trees. @ Obiero pia alipe pesa za wenyewe. He owes @vvs 100k. Wazuan republic is on a lookout to see those who make nasty bets as agonising as pawning and subsequent removal of their kidneys here and honor their pledges. But in this case a hard currency is in large demand and money is expected to change hands. Idler COOP, IMH, KEGN, KQ, MTNU
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
obiero wrote:Spikes wrote:VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Closed at 44 with VWAP of 42.50 with 405,000+ shares traded.
The buyers, assuming they are not connected with Seaboard/Victus, must be angling for a better price for the takeover.
Opening up the trading of shares was laudable even though it was clumsily done without proper notice/info from NSE to shareholders. I hope they have learned and the next time they do it better. Meanwhile, congratulations on your investment in UNGA.. You are one lucky bastard Luck has little to do with it. I must have a loooong post somewhere on why I own/held Unga. I admit I am a bit concerned/upset about Corporate Governance [well, not Unga directly but Victus trying to pull one over minority shareholders in concert with Seaboard]... The NAV on the books is KES 50. Add the EPS for 1H 2017-18 [waiting for results by 31st March] and EPS for 2H and that can add 5/-. Plus the last revaluation of "Operating Lease Rentals" was done in 2013 at 878,500,000/-. Most of his is not included in the NAV. Fair Value should be KES 60-80 after adding in other assets that could be revalued. You know an awful lot for someone who can't settle a debt of USD 120! Yes! Received KShs 12,000 cash money today at 1604 Hrs. I will invest the same in your honour It wasn't easy! but I am glad you got it. Plant a few trees. @ Obiero pia alipe pesa za wenyewe. He owes @vvs 100k. Wazuan republic is on a lookout to see those who make nasty bets as agonising as pawning and subsequent removal of their kidneys here and honor their pledges. But in this case a hard currency is in large demand and money is expected to change hands. Idler Kama wewe kidney gambler ! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,337 Location: nairobi
|
Spikes wrote:obiero wrote:Spikes wrote:VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Closed at 44 with VWAP of 42.50 with 405,000+ shares traded.
The buyers, assuming they are not connected with Seaboard/Victus, must be angling for a better price for the takeover.
Opening up the trading of shares was laudable even though it was clumsily done without proper notice/info from NSE to shareholders. I hope they have learned and the next time they do it better. Meanwhile, congratulations on your investment in UNGA.. You are one lucky bastard Luck has little to do with it. I must have a loooong post somewhere on why I own/held Unga. I admit I am a bit concerned/upset about Corporate Governance [well, not Unga directly but Victus trying to pull one over minority shareholders in concert with Seaboard]... The NAV on the books is KES 50. Add the EPS for 1H 2017-18 [waiting for results by 31st March] and EPS for 2H and that can add 5/-. Plus the last revaluation of "Operating Lease Rentals" was done in 2013 at 878,500,000/-. Most of his is not included in the NAV. Fair Value should be KES 60-80 after adding in other assets that could be revalued. You know an awful lot for someone who can't settle a debt of USD 120! Yes! Received KShs 12,000 cash money today at 1604 Hrs. I will invest the same in your honour It wasn't easy! but I am glad you got it. Plant a few trees. @ Obiero pia alipe pesa za wenyewe. He owes @vvs 100k. Wazuan republic is on a lookout to see those who make nasty bets as agonising as pawning and subsequent removal of their kidneys here and honor their pledges. But in this case a hard currency is in large demand and money is expected to change hands. Idler Kama wewe kidney gambler ! Kidney si yako bwana.. 😜 COOP, IMH, KEGN, KQ, MTNU
|
|
|
Rank: Veteran Joined: 4/4/2016 Posts: 2,022 Location: Kitale
|
sparkly wrote:VituVingiSana wrote:sparkly wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Closed at 44 with VWAP of 42.50 with 405,000+ shares traded.
The buyers, assuming they are not connected with Seaboard/Victus, must be angling for a better price for the takeover.
Opening up the trading of shares was laudable even though it was clumsily done without proper notice/info from NSE to shareholders. I hope they have learned and the next time they do it better. Meanwhile, congratulations on your investment in UNGA.. You are one lucky bastard Luck has little to do with it. I must have a loooong post somewhere on why I own/held Unga. I admit I am a bit concerned/upset about Corporate Governance [well, not Unga directly but Victus trying to pull one over minority shareholders in concert with Seaboard]... The NAV on the books is KES 50. Add the EPS for 1H 2017-18 [waiting for results by 31st March] and EPS for 2H and that can add 5/-. Plus the last revaluation of "Operating Lease Rentals" was done in 2013 at 878,500,000/-. Most of his is not included in the NAV. Fair Value should be KES 60-80 after adding in other assets that could be revalued. You know an awful lot for someone who can't settle a debt of USD 120! Yes! Received KShs 12,000 cash money today at 1604 Hrs. I will invest the same in your honour Use it to start buying kenol shares! Towards the goal of financial freedom
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,823 Location: NAIROBI
|
Seaboard Corp, the US Conglomerate that recently offered to buyout Unga Group Minority Sharaholders is being investigated by the US Department of Justice for a number of crimes including; *Links to terrorists *Money Laundering *Bribery https://www.businessdail...12092-igfrlpz/index.htmlWealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,337 Location: nairobi
|
Ericsson wrote:Seaboard Corp, the US Conglomerate that recently offered to buyout Unga Group Minority Sharaholders is being investigated by the US Department of Justice for a number of crimes including; *Links to terrorists *Money Laundering *Bribery https://www.businessdail...2092-igfrlpz/index.html
@vvs hapa kunaendaja sasa COOP, IMH, KEGN, KQ, MTNU
|
|
|
Rank: Veteran Joined: 4/4/2016 Posts: 2,022 Location: Kitale
|
obiero wrote:Ericsson wrote:Seaboard Corp, the US Conglomerate that recently offered to buyout Unga Group Minority Sharaholders is being investigated by the US Department of Justice for a number of crimes including; *Links to terrorists *Money Laundering *Bribery https://www.businessdail...2092-igfrlpz/index.html
@vvs hapa kunaendaja sasa kumbe ni wakora? that means the unga deal will not go through. Towards the goal of financial freedom
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,385 Location: Nairobi
|
obiero wrote:Ericsson wrote:Seaboard Corp, the US Conglomerate that recently offered to buyout Unga Group Minority Sharaholders is being investigated by the US Department of Justice for a number of crimes including; *Links to terrorists *Money Laundering *Bribery https://www.businessdail...2092-igfrlpz/index.html
@vvs hapa kunaendaja sasa Usijali. Tutanunua hisa za Seaboard in a profitable Unga and find other buyers. Or enjoy the earnings. It's tough for US businesses in Africa coz "corruption" is (sadly) a way of life be it in Kenya, Nigeria or South Africa [look at Zuma's dealings]. Trump doesn't want American firms fighting (Chinese/Indian/Turkish/Russian firms) for business with one hand tied at the back so Seaboard will be OK in the end. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,337 Location: nairobi
|
VituVingiSana wrote:obiero wrote:Ericsson wrote:Seaboard Corp, the US Conglomerate that recently offered to buyout Unga Group Minority Sharaholders is being investigated by the US Department of Justice for a number of crimes including; *Links to terrorists *Money Laundering *Bribery https://www.businessdail...2092-igfrlpz/index.html
@vvs hapa kunaendaja sasa Usijali. Tutanunua hisa za Seaboard in a profitable Unga and find other buyers. Or enjoy the earnings. It's tough for US businesses in Africa coz "corruption" is (sadly) a way of life be it in Kenya, Nigeria or South Africa [look at Zuma's dealings]. Trump doesn't want American firms fighting (Chinese/Indian/Turkish/Russian firms) for business with one hand tied at the back so Seaboard will be OK in the end. @vvs chances are high for a massive pullback http://live.mystocks.co.ke/m/stock=UNGA COOP, IMH, KEGN, KQ, MTNU
|
|
|
Wazua
»
Investor
»
Stocks
»
Unga limited takeover
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|