Wazua
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Kenya Airways...why ignore.. end 2025
Rank: Chief Joined: 1/3/2007 Posts: 18,387 Location: Nairobi
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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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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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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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Rank: Elder You have been a member since:: 6/23/2009 Posts: 14,340 Location: nairobi
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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 COOP, IMH, KEGN, KQ, MTNU
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Rank: Chief Joined: 1/3/2007 Posts: 18,387 Location: Nairobi
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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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Rank: Elder You have been a member since:: 6/23/2009 Posts: 14,340 Location: nairobi
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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 COOP, IMH, KEGN, KQ, MTNU
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Rank: Veteran Joined: 4/23/2014 Posts: 932
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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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Rank: Elder You have been a member since:: 6/23/2009 Posts: 14,340 Location: nairobi
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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 COOP, IMH, KEGN, KQ, MTNU
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Rank: Veteran Joined: 4/23/2014 Posts: 932
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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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Rank: Elder You have been a member since:: 6/23/2009 Posts: 14,340 Location: nairobi
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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 COOP, IMH, KEGN, KQ, MTNU
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Rank: Veteran Joined: 4/23/2014 Posts: 932
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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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