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Kenya Airways...why ignore..

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VituVingiSana		#13111 Posted : Friday, July 05, 2019 11:05:06 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi		sparkly wrote: the deal wrote: I will contribute 10% of my net profit to Wazua Charity if the Kenyan Government buys minority shareholders at KES8.70... What f*ery? GOK already takes 30% of your net profits as income taxes. There are no taxes on trading shares, if I recall, as long as it is not a "business" or so I think. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett**
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sparkly		#13112 Posted : Saturday, July 06, 2019 2:00:17 AM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		VituVingiSana wrote: sparkly wrote: the deal wrote: I will contribute 10% of my net profit to Wazua Charity if the Kenyan Government buys minority shareholders at KES8.70... What f**ery? GOK already takes 30% of your net profits as income taxes. There are no taxes on trading shares, if I recall, as long as it is not a "business" or so I think. Most of you are traders! Life is short. Live passionately.*
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obiero		#13113 Posted : Saturday, July 06, 2019 10:17:42 AM
Rank: Elder Joined: 6/23/2009 Posts: 14,226 Location: nairobi		sparkly wrote: VituVingiSana wrote: sparkly wrote: the deal wrote: I will contribute 10% of my net profit to Wazua Charity if the Kenyan Government buys minority shareholders at KES8.70... What f***ery? GOK already takes 30% of your net profits as income taxes. There are no taxes on trading shares, if I recall, as long as it is not a "business" or so I think. Most of you are traders! Skillful traders.. Risk takers extraordinaire. The same God who favored KK buyout and allowed crooks to pocket unholy profit will surely visit the minority shareholders of KQ
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VituVingiSana		#13114 Posted : Saturday, July 06, 2019 3:11:57 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi		sparkly wrote: VituVingiSana wrote: sparkly wrote: the deal wrote: I will contribute 10% of my net profit to Wazua Charity if the Kenyan Government buys minority shareholders at KES8.70... What f*ery? GOK already takes 30% of your net profits as income taxes. There are no taxes on trading shares, if I recall, as long as it is not a "business" or so I think. Most of you are traders! Perhaps what's required is a minimum average holding period. Many, if not most, of my holdings have been held in excess of 1 year. Even what I recently bought e.g. Centum (replacing KK) is likely to be held for at least 1 year. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett**
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obiero		#13115 Posted : Saturday, July 06, 2019 6:51:22 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,226 Location: nairobi		Tuesday 9th July fate of KQ nationalization will be sealed on the floor.. Sufficient marshaling effected.. Head of State stamp of approval granted to the troops.. KQLC and KLM stake to be converted to GoK bonds.. Minority shareholders to be paid off in cold hard cash
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HaMaina		#13116 Posted : Saturday, July 06, 2019 7:41:23 PM
Rank: Veteran Joined: 4/23/2014 Posts: 931		obiero wrote: Tuesday 9th July fate of KQ nationalization will be sealed on the floor.. Sufficient marshaling effected.. Head of State stamp of approval granted to the troops.. KQLC and KLM stake to be converted to GoK bonds.. Minority shareholders to be paid off in cold hard cash 8bob ?? “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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obiero		#13117 Posted : Saturday, July 06, 2019 7:50:14 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,226 Location: nairobi		HaMaina wrote: obiero wrote: Tuesday 9th July fate of KQ nationalization will be sealed on the floor.. Sufficient marshaling effected.. Head of State stamp of approval granted to the troops.. KQLC and KLM stake to be converted to GoK bonds.. Minority shareholders to be paid off in cold hard cash 8bob ?? It's Henry's call.. But knowing the cluster of the shareholders involved, it will likely be negotiated and competitive
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HaMaina		#13118 Posted : Saturday, July 06, 2019 8:21:35 PM
Rank: Veteran Joined: 4/23/2014 Posts: 931		obiero wrote: HaMaina wrote: obiero wrote: Tuesday 9th July fate of KQ nationalization will be sealed on the floor.. Sufficient marshaling effected.. Head of State stamp of approval granted to the troops.. KQLC and KLM stake to be converted to GoK bonds.. Minority shareholders to be paid off in cold hard cash 8bob ?? It's Henry's call.. But knowing the cluster of the shareholders involved, it will likely be negotiated and competitive You realise 8 Bob is equivalent to 2 Bob pre consolidation price. Which I never saw KQ trade at before the consolidation. “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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obiero		#13119 Posted : Saturday, July 06, 2019 8:33:48 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,226 Location: nairobi		HaMaina wrote: obiero wrote: HaMaina wrote: obiero wrote: Tuesday 9th July fate of KQ nationalization will be sealed on the floor.. Sufficient marshaling effected.. Head of State stamp of approval granted to the troops.. KQLC and KLM stake to be converted to GoK bonds.. Minority shareholders to be paid off in cold hard cash 8bob ?? It's Henry's call.. But knowing the cluster of the shareholders involved, it will likely be negotiated and competitive You realise 8 Bob is equivalent to 2 Bob pre consolidation price. Which I never saw KQ trade at before the consolidation. Yes it is.. That's why the Open Offer will have to happen. The price is already indicative
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HaMaina		#13120 Posted : Saturday, July 06, 2019 8:59:09 PM
Rank: Veteran Joined: 4/23/2014 Posts: 931		obiero wrote: HaMaina wrote: obiero wrote: HaMaina wrote: obiero wrote: Tuesday 9th July fate of KQ nationalization will be sealed on the floor.. Sufficient marshaling effected.. Head of State stamp of approval granted to the troops.. KQLC and KLM stake to be converted to GoK bonds.. Minority shareholders to be paid off in cold hard cash 8bob ?? It's Henry's call.. But knowing the cluster of the shareholders involved, it will likely be negotiated and competitive You realise 8 Bob is equivalent to 2 Bob pre consolidation price. Which I never saw KQ trade at before the consolidation. Yes it is.. That's why the Open Offer will have to happen. The price is already indicative Good Luck, I'm watching but from the sidelines. “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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