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259 Pages«<117118119120121>»
KENOL KOBIL .... 2012
VituVingiSana
#1181 Posted : Thursday, June 28, 2012 2:03:59 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Question: Is Puma allowed to buy shares from the NSE when it has announced a Takeover? Or is that Insider Trading since it has looked at the books?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
ProverB
#1182 Posted : Thursday, June 28, 2012 2:16:50 PM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
VituVingiSana wrote:
Question: Is Puma allowed to buy shares from the NSE when it has announced a Takeover? Or is that Insider Trading since it has looked at the books?


Now it's abit late..

had they bought in as other shareholders and eventually launch a takeover bid it'd have worked probably...unless someone pulled a "Matiba-Carbacid" on them at the end. smile
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
Aguytrying
#1183 Posted : Thursday, June 28, 2012 2:24:28 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Awesome, 13.50 and below, im(more) in!!
Mr market hasn't disappointed today. Might be getting euphoric, but at this rate sub 13.00 maybe possible. I like.
The investor's chief problem - and even his worst enemy - is likely to be himself
VituVingiSana
#1184 Posted : Thursday, June 28, 2012 2:29:47 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
ProverB wrote:
VituVingiSana wrote:
Question: Is Puma allowed to buy shares from the NSE when it has announced a Takeover? Or is that Insider Trading since it has looked at the books?

Now it's abit late..

had they bought in as other shareholders and eventually launch a takeover bid it'd have worked probably...unless someone pulled a "Matiba-Carbacid" on them at the end. smile
If you acquire 25% then you have to announce a Takeover or seek an exemption.

Puma should have bought the 25% cheap leaving them in a sweet spot... then move towards the Takeover
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Aguytrying
#1185 Posted : Thursday, June 28, 2012 2:37:53 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
I foresaw this after i read the cautionary yesterday. The price to watch tomorrow is 12.75(10%), if today's events are anything to go by. I love Mr market. you can rarely predict or understand him.
The investor's chief problem - and even his worst enemy - is likely to be himself
the deal
#1186 Posted : Thursday, June 28, 2012 3:00:38 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Folks where buying expecting the confirmation price to be known this week, KK statement came and no price confirmation came with it so folks where disappointed=Selling...also after the due diligence their still going to negotiate which means Puma has not settled on a given price yet with the majority shareholders...this one will go down the wire...confirmation price maybe August-September...in fact we need another bidder to come in...looking at Volumes below Kes12.50 might print between now and September.
QW25091985
#1187 Posted : Thursday, June 28, 2012 3:08:02 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
I agree with folks here looking at 12 bob support.
Bulls will put a spirited fight at that level.
King G
#1188 Posted : Thursday, June 28, 2012 3:11:07 PM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
FRom 15.7 to 14.35, if it goes to sub 13 tomorrow as expected, fellas will be so scared to get in, this thing will be sub 11 by tuesday. Weekend will definately bring some sanity ole wenu
Thieves
QW25091985
#1189 Posted : Thursday, June 28, 2012 3:48:59 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
Most kk shareholders wana ka kama simba amenyeshewa . Lol .
As of price it has to kiss 12 bob . Pure technical analysis says so. I hope am right .
Sufficiently Philanga....thropic
#1190 Posted : Thursday, June 28, 2012 4:01:13 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
King G wrote:
FRom 15.7 to 14.35, if it goes to sub 13 tomorrow as expected, fellas will be so scared to get in, this thing will be sub 11 by tuesday. Weekend will definately bring some sanity ole wenu

After the dust settles, i hope you'll have bought some shares. Ama wewe ni spectator too!Sad You sound like one who missed the bus at sub 10 or thereabouts!
Na wapi link ya July 20? The rumour you posted about Puma?
Sub 11 will be soo attractive, i'll just sell Roooaaaar and take the plunge!smile
Lets see how tomorrow pans out. i plan to load few!Pray
Returned to the market in the morning to buy fear. 2 hours into trading,i cant complain!smile
@SufficientlyP
259 Pages«<117118119120121>»
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