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AccessKenya takeover offer at 14/=
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VituVingiSana
#111 Posted : Sunday, June 30, 2013 12:24:32 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,353
Location: Nairobi
mlennyma wrote:
@treaty may your dream come true...meanwhile what justification is there to suspend the share so long.who can i sue?let me talk to my lawyer about it.
CMA has its own stories...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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gatoho
#112 Posted : Sunday, June 30, 2013 10:07:52 PM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
VituVingiSana wrote:
mlennyma wrote:
@treaty may your dream come true...meanwhile what justification is there to suspend the share so long.who can i sue?let me talk to my lawyer about it.
CMA has its own stories...



So what happens to me who wrote off My Access shares and swore to never trade them. I want them as relics all 5000 of them and whatever bonus(have they given any BTW?)I am not selling to anybody.
Foresight..
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mlennyma
#113 Posted : Monday, July 01, 2013 8:25:38 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Lets fight against de-listing the company, voluntary selling at 14 or any other price is good deal.
"Don't let the fear of losing be greater than the excitement of winning."
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VituVingiSana
#114 Posted : Monday, July 01, 2013 9:53:59 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,353
Location: Nairobi
gatoho wrote:
VituVingiSana wrote:
mlennyma wrote:
@treaty may your dream come true...meanwhile what justification is there to suspend the share so long.who can i sue?let me talk to my lawyer about it.
CMA has its own stories...

So what happens to me who wrote off My Access shares and swore to never trade them. I want them as relics all 5000 of them and whatever bonus(have they given any BTW?)I am not selling to anybody.
If they get 90% acceptance then I think they can 'forcibly' have you sell the shares. If that is NOT the case, then you remain a shareholder but with 90% of the shares DD may choose to de-list AK since it breaches the NSE's Listing rules.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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VituVingiSana
#115 Posted : Monday, July 01, 2013 9:56:11 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,353
Location: Nairobi
mlennyma wrote:
Lets fight against de-listing the company, voluntary selling at 14 or any other price is good deal.
The process of buying from the market is messy [see what Pan Africa is trying to do] hence the "Takeover Offer" but why fight it? Take your money & look elsewhere. Invest in a Private Equity deal & who knows... That can grow 10x 100x 1000x look at Facebook!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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King G
#116 Posted : Monday, July 01, 2013 5:24:30 PM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
With the type of CMA we have, we are in this for the long haul. many examples come to mind Carbacid, CMC, BOC
Thieves
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mlennyma
#117 Posted : Monday, July 01, 2013 5:35:21 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Ngai!dont say carbacid.it was hell
"Don't let the fear of losing be greater than the excitement of winning."
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VituVingiSana
#118 Posted : Tuesday, July 02, 2013 1:08:47 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,353
Location: Nairobi
It is going down! Well, not quite but one hurdle cleared.

http://www.businessdaily...2/-/15qpjaz/-/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mlennyma
#119 Posted : Tuesday, July 02, 2013 9:15:27 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
There was already an agreement with one somen brother to up his holding and remain with the 20% holding incase the exemption failed,so this was never a handle.
"Don't let the fear of losing be greater than the excitement of winning."
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VituVingiSana
#120 Posted : Tuesday, July 02, 2013 9:46:36 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,353
Location: Nairobi
mlennyma wrote:
There was already an agreement with one somen brother to up his holding and remain with the 20% holding incase the exemption failed,so this was never a handle.
They still had applied for the exemption. So now the answer [approved or denied] has been received. So they move to the next step.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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