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Kenya Airways...why ignore..
Rank: Member Joined: 12/8/2006 Posts: 104
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obiero wrote:littledove wrote:FUNKY wrote:obiero wrote:There's no other way to create equilibrium What sense does this make? Why would government invite shareholders to buy shares in the airline and then pay the shareholders back through nationalization? they just want to create equilibrium to avoid court cases once they settle on buyout price I thought it was common sense.. Why do people find it hard to grasp This is outright fraud and everyone who prepares, signs and markets the offering memorandum should be held liable. It is a GUARANTEE that they will lose money. Even if you have the right to buy shares of 0.5KES at a discount, the final offer price can still drop to 0.001!!!
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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passiveinvestor wrote:obiero wrote:littledove wrote:FUNKY wrote:obiero wrote:There's no other way to create equilibrium What sense does this make? Why would government invite shareholders to buy shares in the airline and then pay the shareholders back through nationalization? they just want to create equilibrium to avoid court cases once they settle on buyout price I thought it was common sense.. Why do people find it hard to grasp This is outright fraud and everyone who prepares, signs and markets the offering memorandum should be held liable. It is a GUARANTEE that they will lose money. Even if you have the right to buy shares of 0.5KES at a discount, the final offer price can still drop to 0.001!!! You are assuming that the 98% stake held by GoK, KQLC, KLM, KQ ESOP shall fall to that level.. Very skewed KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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obiero wrote:passiveinvestor wrote:obiero wrote:littledove wrote:FUNKY wrote:obiero wrote:There's no other way to create equilibrium What sense does this make? Why would government invite shareholders to buy shares in the airline and then pay the shareholders back through nationalization? they just want to create equilibrium to avoid court cases once they settle on buyout price I thought it was common sense.. Why do people find it hard to grasp This is outright fraud and everyone who prepares, signs and markets the offering memorandum should be held liable. It is a GUARANTEE that they will lose money. Even if you have the right to buy shares of 0.5KES at a discount, the final offer price can still drop to 0.001!!! You are assuming that the 98% stake held by GoK, KQLC, KLM, KQ ESOP shall fall to that level.. Very skewed What's the current NAV/share of KQ? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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VituVingiSana wrote:obiero wrote:passiveinvestor wrote:obiero wrote:littledove wrote:FUNKY wrote:obiero wrote:There's no other way to create equilibrium What sense does this make? Why would government invite shareholders to buy shares in the airline and then pay the shareholders back through nationalization? they just want to create equilibrium to avoid court cases once they settle on buyout price I thought it was common sense.. Why do people find it hard to grasp This is outright fraud and everyone who prepares, signs and markets the offering memorandum should be held liable. It is a GUARANTEE that they will lose money. Even if you have the right to buy shares of 0.5KES at a discount, the final offer price can still drop to 0.001!!! You are assuming that the 98% stake held by GoK, KQLC, KLM, KQ ESOP shall fall to that level.. Very skewed What's the current NAV/share of KQ? Lala KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:passiveinvestor wrote:obiero wrote:littledove wrote:FUNKY wrote:obiero wrote:There's no other way to create equilibrium What sense does this make? Why would government invite shareholders to buy shares in the airline and then pay the shareholders back through nationalization? they just want to create equilibrium to avoid court cases once they settle on buyout price I thought it was common sense.. Why do people find it hard to grasp This is outright fraud and everyone who prepares, signs and markets the offering memorandum should be held liable. It is a GUARANTEE that they will lose money. Even if you have the right to buy shares of 0.5KES at a discount, the final offer price can still drop to 0.001!!! You are assuming that the 98% stake held by GoK, KQLC, KLM, KQ ESOP shall fall to that level.. Very skewed What's the current NAV/share of KQ? Lala In English What's the current NAV/share of KQ? 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:obiero wrote:VituVingiSana wrote:obiero wrote:passiveinvestor wrote:obiero wrote:littledove wrote:FUNKY wrote:obiero wrote:There's no other way to create equilibrium What sense does this make? Why would government invite shareholders to buy shares in the airline and then pay the shareholders back through nationalization? they just want to create equilibrium to avoid court cases once they settle on buyout price I thought it was common sense.. Why do people find it hard to grasp This is outright fraud and everyone who prepares, signs and markets the offering memorandum should be held liable. It is a GUARANTEE that they will lose money. Even if you have the right to buy shares of 0.5KES at a discount, the final offer price can still drop to 0.001!!! You are assuming that the 98% stake held by GoK, KQLC, KLM, KQ ESOP shall fall to that level.. Very skewed What's the current NAV/share of KQ? Lala In English What's the current NAV/share of KQ? Shareholders' equity is negative yet elder @Obiero expects to be paid 8.52 per share by a broke GOK. Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
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sparkly wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:passiveinvestor wrote:obiero wrote:littledove wrote:FUNKY wrote:obiero wrote:There's no other way to create equilibrium What sense does this make? Why would government invite shareholders to buy shares in the airline and then pay the shareholders back through nationalization? they just want to create equilibrium to avoid court cases once they settle on buyout price I thought it was common sense.. Why do people find it hard to grasp This is outright fraud and everyone who prepares, signs and markets the offering memorandum should be held liable. It is a GUARANTEE that they will lose money. Even if you have the right to buy shares of 0.5KES at a discount, the final offer price can still drop to 0.001!!! You are assuming that the 98% stake held by GoK, KQLC, KLM, KQ ESOP shall fall to that level.. Very skewed What's the current NAV/share of KQ? Lala In English What's the current NAV/share of KQ? Shareholders' equity is negative yet elder @Obiero expects to be paid 8.52 per share by a broke GOK. Let @Obiero tell us KQ is not Amazon with AWS or an amazing brand or a massive base of loyal customers. Even Kenyans, like myself, shop around for tickets. We want value for our hard-earned money. So @Obiero what's the current NAV/share and projected EPS of KQ? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 1/18/2019 Posts: 185 Location: kenya
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@obiero's move could work simply because we are in a banana republic. They should not pay anything more than 0.00 for a company in negative equity.The banks got in at a tough time, they must be redeemed. This is a true kamikaze move however, I have to say..
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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nairobby wrote:@obiero's move could work simply because we are in a banana republic. They should not pay anything more than 0.00 for a company in negative equity.The banks got in at a tough time, they must be redeemed. This is a true kamikaze move however, I have to say.. This is Hope as an investment strategy. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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sparkly wrote:nairobby wrote:@obiero's move could work simply because we are in a banana republic. They should not pay anything more than 0.00 for a company in negative equity.The banks got in at a tough time, they must be redeemed. This is a true kamikaze move however, I have to say.. This is Hope as an investment strategy. Hope is eternal KQ ABP 4.26
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