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KenolKobil 2018 and beyond
obiero
#541 Posted : Wednesday, July 10, 2019 10:47:42 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,517
Location: nairobi
mlennyma wrote:
obiero wrote:
If CMA was functional, the buyout would have been halted

water under the bridge.

You will not say that when you loose out on an investment at the exchange due to regulatory negligence

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
mlennyma
#542 Posted : Wednesday, July 10, 2019 12:29:13 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
obiero wrote:
mlennyma wrote:
obiero wrote:
If CMA was functional, the buyout would have been halted

water under the bridge.

You will not say that when you loose out on an investment at the exchange due to regulatory negligence

which institution functions as it should in kenya anyway?
"Don't let the fear of losing be greater than the excitement of winning."
HaMaina
#543 Posted : Wednesday, July 10, 2019 12:33:41 PM
Rank: Veteran


Joined: 4/23/2014
Posts: 909
mlennyma wrote:
obiero wrote:
If CMA was functional, the buyout would have been halted

water under the bridge.


That same water gets drunk by someone else, and if you forget, you'll drink it a second tome. Its not right to forget.
“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
obiero
#544 Posted : Wednesday, July 10, 2019 12:34:05 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,517
Location: nairobi
mlennyma wrote:
obiero wrote:
mlennyma wrote:
obiero wrote:
If CMA was functional, the buyout would have been halted

water under the bridge.

You will not say that when you loose out on an investment at the exchange due to regulatory negligence

which institution functions as it should in kenya anyway?

Unfortunately, I cant think of any.. Among the 3,000+ parastatals and quasi government institutions.. All have known flaws. But I say this knowing full well that the said institutions are reflections of our society, we the people. Tujiangalie!

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Angelica _ann
#545 Posted : Wednesday, July 10, 2019 1:00:10 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
obiero wrote:
mlennyma wrote:
obiero wrote:
mlennyma wrote:
obiero wrote:
If CMA was functional, the buyout would have been halted

water under the bridge.

You will not say that when you loose out on an investment at the exchange due to regulatory negligence

which institution functions as it should in kenya anyway?

Unfortunately, I cant think of any.. Among the 3,000+ parastatals and quasi government institutions.. All have known flaws. But I say this knowing full well that the said institutions are reflections of our society, we the people. Tujiangalie!


Central Bank of Kenya under Njoroge is a straight institution!!!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
obiero
#546 Posted : Wednesday, July 10, 2019 1:18:06 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,517
Location: nairobi
Angelica _ann wrote:
obiero wrote:
mlennyma wrote:
obiero wrote:
mlennyma wrote:
obiero wrote:
If CMA was functional, the buyout would have been halted

water under the bridge.

You will not say that when you loose out on an investment at the exchange due to regulatory negligence

which institution functions as it should in kenya anyway?

Unfortunately, I cant think of any.. Among the 3,000+ parastatals and quasi government institutions.. All have known flaws. But I say this knowing full well that the said institutions are reflections of our society, we the people. Tujiangalie!


Central Bank of Kenya under Njoroge is a straight institution!!!!!

I guess you haven't heard of manipulation in tbill prices.. Njoroge himself is spotless but his institution is not

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
mlennyma
#547 Posted : Wednesday, July 10, 2019 1:38:11 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
obiero wrote:
mlennyma wrote:
obiero wrote:
mlennyma wrote:
obiero wrote:
If CMA was functional, the buyout would have been halted

water under the bridge.

You will not say that when you loose out on an investment at the exchange due to regulatory negligence

which institution functions as it should in kenya anyway?

Unfortunately, I cant think of any.. Among the 3,000+ parastatals and quasi government institutions.. All have known flaws. But I say this knowing full well that the said institutions are reflections of our society, we the people. Tujiangalie!

this deal saved me I was near bankruptcy in my nse portfolio...my feeling is that if kk was still trading without the takeover it could be below 10
"Don't let the fear of losing be greater than the excitement of winning."
obiero
#548 Posted : Saturday, August 24, 2019 7:55:44 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,517
Location: nairobi
The fraud filled journey ends

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
sparkly
#549 Posted : Monday, August 26, 2019 11:41:00 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
KK to get 4B from KPC after delisting from NSE. What a fraud on minority shareholders!

https://www.standardmedi...s-kenolkobil-sh4-billion
Life is short. Live passionately.
Ericsson
#550 Posted : Tuesday, August 27, 2019 12:08:22 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
[quote=sparkly]KK to get 4B from KPC after delisting from NSE. What a fraud on minority shareholders!

https://www.standardmedi...-kenolkobil-sh4-billion[/quote]
Link not opening
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
whiteowl
#551 Posted : Tuesday, August 27, 2019 6:03:05 AM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
[quote=sparkly]KK to get 4B from KPC after delisting from NSE. What a fraud on minority shareholders!

https://www.standardmedi...-kenolkobil-sh4-billion[/quote]

Having got in at 8/= I don't consider this fraud at all.I've seen serious cases of shafting minority shareholders during delisting. They do it during the bear when the price is at an all time low.
sparkly
#552 Posted : Tuesday, August 27, 2019 7:24:48 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
whiteowl wrote:
[quote=sparkly]KK to get 4B from KPC after delisting from NSE. What a fraud on minority shareholders!

https://www.standardmedi...-kenolkobil-sh4-billion[/quote]

Having got in at 8/= I don't consider this fraud at all.I've seen serious cases of shafting minority shareholders during delisting. They do it during the bear when the price is at an all time low.


1. The amounts due from KPC had been written off.
2. We are in a bear.
Life is short. Live passionately.
whiteowl
#553 Posted : Tuesday, August 27, 2019 7:31:34 AM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
sparkly wrote:
whiteowl wrote:
[quote=sparkly]KK to get 4B from KPC after delisting from NSE. What a fraud on minority shareholders!

https://www.standardmedi...-kenolkobil-sh4-billion[/quote]

Having got in at 8/= I don't consider this fraud at all.I've seen serious cases of shafting minority shareholders during delisting. They do it during the bear when the price is at an all time low.


1. The amounts due from KPC had been written off.
2. We are in a bear.


3. Were minority shareholders low balled by the 23/= per share offer?
sparkly
#554 Posted : Tuesday, August 27, 2019 8:50:38 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
whiteowl wrote:
sparkly wrote:
whiteowl wrote:
[quote=sparkly]KK to get 4B from KPC after delisting from NSE. What a fraud on minority shareholders!

https://www.standardmedi...-kenolkobil-sh4-billion[/quote]

Having got in at 8/= I don't consider this fraud at all.I've seen serious cases of shafting minority shareholders during delisting. They do it during the bear when the price is at an all time low.


1. The amounts due from KPC had been written off.
2. We are in a bear.


3. Were minority shareholders low balled by the 23/= per share offer?



4. The clean up - debt write offs, staff redundancies, exist from unprofitable TZ, buy in into lucrative bulk storage;
5. Management pay off - Senior management walked away with billions in Esops;
6. The price - Aly Khan had valued the share at much higher than 23;
7. The shady circumstances - completed after death of total man, some family members disavowing inheritance, dealers and brokers involved in insider trading;
8. The aftermath - leaner cleaner KK, total man family out of the picture, KPC pays 4B after delisting.

This transaction smells wrong from many angles. I bet money changed hands behind the scenes between total man family and the buyers to push through the deal.
Life is short. Live passionately.
Ericsson
#555 Posted : Tuesday, August 27, 2019 8:53:02 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
sparkly wrote:
whiteowl wrote:
sparkly wrote:
whiteowl wrote:
[quote=sparkly]KK to get 4B from KPC after delisting from NSE. What a fraud on minority shareholders!

https://www.standardmedi...-kenolkobil-sh4-billion[/quote]

Having got in at 8/= I don't consider this fraud at all.I've seen serious cases of shafting minority shareholders during delisting. They do it during the bear when the price is at an all time low.


1. The amounts due from KPC had been written off.
2. We are in a bear.


3. Were minority shareholders low balled by the 23/= per share offer?



4. The clean up - debt write offs, staff redundancies, exist from unprofitable TZ, buy in into lucrative bulk storage;
5. Management pay off - Senior management walked away with billions in Esops;
6. The price - Aly Khan had valued the share at much higher than 23;
7. The shady circumstances - completed after death of total man, some family members disavowing inheritance, dealers and brokers involved in insider trading;
8. The aftermath - leaner cleaner KK, total man family out of the picture, KPC pays 4B after delisting.

This transaction smells wrong from many angles. I bet money changed hands behind the scenes between total man family and the buyers to push through the deal.

Total man had planted some seeds in the current government who assisted in pushing through the deal
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#556 Posted : Tuesday, November 05, 2019 2:20:46 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Rubis energy now acquires Gulf energy

https://kenyanwallstreet...on-kenyas-energy-sector/
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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