Unga limited takeover - Page 19 - Stocks - Wazua

Welcome Guest

Wazua » Investor » Stocks » Unga limited takeover

31 Pages«<1718192021>»

Unga limited takeover

Options

Previous Topic · Next Topic

jgithige		#181 Posted : Tuesday, May 15, 2018 12:32:05 PM
Rank: Member Joined: 7/10/2014 Posts: 145 Location: Nairobi		Somebody said we are a bandit economy. I tend to agree with that. "Blowing out someone else candle won't make yours shine brighter"-Anonymous
Back to top		\|
User Profile

VyaBureSiachi		#182 Posted : Tuesday, May 15, 2018 1:16:45 PM
Rank: New-farer Joined: 2/27/2018 Posts: 59 Location: Cambrian Dc		obiero wrote: VituVingiSana wrote: VyaBureSiachi wrote: I just received an email from CBA on the takeover offer but I had sold my unga shares after the trading suspension had been lifted. Am I entitled to the offer? @VVS please advise kunaenda aje. If you sold your shares then why would you expect to be paid again for the same shares? @vbs urgently submit the same to your broker for reconciliation of that communication to its new owner, being the one who bought your shares Thanks. Let me wait for the documentation and then I'll proceed. I just wanted info but @vvs analeta mafeelings. I think it's because his warren buffet calculations of 60bob for unga have come to naught. Maumivu ya NSE. If the radiance of a thousand suns were to burst at once into the sky that would be like the splendour of the mighty one.
Back to top		\|
User Profile

obiero		#183 Posted : Tuesday, May 15, 2018 1:22:16 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi		VyaBureSiachi wrote: obiero wrote: VituVingiSana wrote: VyaBureSiachi wrote: I just received an email from CBA on the takeover offer but I had sold my unga shares after the trading suspension had been lifted. Am I entitled to the offer? @VVS please advise kunaenda aje. If you sold your shares then why would you expect to be paid again for the same shares? @vbs urgently submit the same to your broker for reconciliation of that communication to its new owner, being the one who bought your shares Thanks. Let me wait for the documentation and then I'll proceed. I just wanted info but @vvs analeta mafeelings. I think it's because his warren buffet calculations of 60bob for unga have come to naught. Maumivu ya NSE. Lol. Something similar happened to me during Safaricom IPO, but even trickier; broker allocated double. I was soo tempted to suppress hadi siku ningejulikana but the Lord guided me to declare. After all, that reconciliation is ongoing upto today! 40B shares ni mingi! Considering some people have since passed on and what not.. But atleast my conscience is clear KQ ABP 4.26
Back to top		WWW \|
User Profile

VituVingiSana		#184 Posted : Tuesday, May 15, 2018 1:40:17 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,343 Location: Nairobi		VyaBureSiachi wrote: obiero wrote: VituVingiSana wrote: VyaBureSiachi wrote: I just received an email from CBA on the takeover offer but I had sold my unga shares after the trading suspension had been lifted. Am I entitled to the offer? @VVS please advise kunaenda aje. If you sold your shares then why would you expect to be paid again for the same shares? @vbs urgently submit the same to your broker for reconciliation of that communication to its new owner, being the one who bought your shares Thanks. Let me wait for the documentation and then I'll proceed. I just wanted info but @vvs analeta mafeelings. I think it's because his warren buffet calculations of 60bob for unga have come to naught. Maumivu ya NSE. I was flabbergasted by your question. It's like those wheeler dealers who sell the same piece of land to multiple buyers! Don't be fooled by @Obiero, you do NOT need to submit anything as yet to your broker coz it is just an e-mail. The e-mail was generic. IF you get the documents, then you can let your broker know but your broker is unlikely to know who bought your shares [esp if they were sold via a different broker using the NSE's trading platform] so the broker should then inform the registrar. No, no ma-feelings but I was surprised that AFTER you sold your shares you thought you were still entitled to the offer BTW, if you got 40-ish for your shares then you might be better off than me getting 40 coz April's KES 40 is worth more than August's KES 40. Time value of money. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		\|
User Profile

VituVingiSana		#185 Posted : Tuesday, May 15, 2018 1:41:56 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,343 Location: Nairobi		muandiwambeu wrote: VituVingiSana wrote: VyaBureSiachi wrote: I just received an email from CBA on the takeover offer but I had sold my unga shares after the trading suspension had been lifted. Am I entitled to the offer? @VVS please advise kunaenda aje. If you sold your shares then why would you expect to be paid again for the same shares? unauliza VyaBureSiachi nini @vvs Was I wrong? @VBS - Don't get stressed. No hard feelings! Usually, there is a "closing date" but I do not know what's going on in reference to the timetable... For Seaboard, they will only pay on shares that are validly tendered and to the person/entity on record at the CDSC as of the final date of acceptance (13th June). Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		\| \| Edit by user: Tuesday, May 15, 2018 1:47 PM \| Reason: Not specified
User Profile

obiero		#186 Posted : Tuesday, May 15, 2018 1:51:37 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi		VituVingiSana wrote: VyaBureSiachi wrote: obiero wrote: VituVingiSana wrote: VyaBureSiachi wrote: I just received an email from CBA on the takeover offer but I had sold my unga shares after the trading suspension had been lifted. Am I entitled to the offer? @VVS please advise kunaenda aje. If you sold your shares then why would you expect to be paid again for the same shares? @vbs urgently submit the same to your broker for reconciliation of that communication to its new owner, being the one who bought your shares Thanks. Let me wait for the documentation and then I'll proceed. I just wanted info but @vvs analeta mafeelings. I think it's because his warren buffet calculations of 60bob for unga have come to naught. Maumivu ya NSE. I was flabbergasted by your question. It's like those wheeler dealers who sell the same piece of land to multiple buyers! Don't be fooled by @Obiero, you do NOT need to submit anything as yet to your broker coz it is just an e-mail. The e-mail was generic. IF you get the documents, then you can let your broker know but your broker is unlikely to know who bought your shares [esp if they were sold via a different broker using the NSE's trading platform] so the broker should then inform the registrar. No, no ma-feelings but I was surprised that AFTER you sold your shares you thought you were still entitled to the offer BTW, if you got 40-ish for your shares then you might be better off than me getting 40 coz April's KES 40 is worth more than August's KES 40. Time value of money. Foolery tena.. Wewe @vvs ni mtu complex. On the instructions they always write that incase you have already sold out you should forward the communication to the CDA KQ ABP 4.26
Back to top		WWW \| \| Edit by user: Tuesday, May 15, 2018 2:26 PM \| Reason: Not specified
User Profile

tandich		#187 Posted : Tuesday, May 22, 2018 12:11:29 PM
Rank: Member Joined: 5/6/2008 Posts: 199		Quote: Good afternoon, I trust this email finds you well. As you may be aware, Seaboard Corporation (acting in concert with Victus Limited) has offered to acquire the 34,939,396 ordinary shares (46.15%) of Unga Group Plc being all the shares not already held by Seaboard and Victus at the Offer Price of KES 40 per share. The Offer is made by Seaboard Corporation a global food, energy and transportation Fortune 500 company. The offer period opened on 30 April 2018 (and closes on 13 June 2018) following receipt of CMA approval to serve the Seaboard Offer Document to Unga Group. We therefore write to inform you that in the next couple of days, you will receive an information pack comprising (i) the Offer Document prepared by Seaboard and (ii) the Shareholder’s Circular prepared by Unga for review as you make your decision to take up the Seaboard Offer. These documents have been mailed to you via the postal address provided in your CDSC account. Should have any questions or require any clarifications, feel free to call Judy Waithaka or Justus Oyagi (see contact details below) or your authorized securities broker/agent. N/B: As you wait for the hard copy, Please note that the CMA has approved the upload of the documents onto the Unga Group website. Please follow the link below: Check - SEABOARD SHARE OFFER
Back to top		\|
User Profile

Angelica _ann		#188 Posted : Wednesday, May 23, 2018 12:28:27 PM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		Why buy Unga above 40 bob!!!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top		\|
User Profile

Mastermind		#189 Posted : Wednesday, May 23, 2018 12:59:02 PM
Rank: Veteran Joined: 1/25/2012 Posts: 1,624 Location: Langley		Angelica _ann wrote: Why buy Unga above 40 bob!!!! 1. To increase my already held substantial stake. Remain a minority shareholder. Sell at a higher price later on. 2. I expect offer to be reviewed to 50 bob + If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
Back to top		\|
User Profile

mlennyma		#190 Posted : Wednesday, May 23, 2018 1:26:37 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		Mastermind wrote: Angelica _ann wrote: Why buy Unga above 40 bob!!!! 1. To increase my already held substantial stake. Remain a minority shareholder. Sell at a higher price later on. 2. I expect offer to be reviewed to 50 bob + let the company de-list you know how minority shareholders who refuse to sell are frustrated with no one to defend them "Don't let the fear of losing be greater than the excitement of winning."
Back to top		WWW \|
User Profile

31 Pages«<1718192021>»

Wazua » Investor » Stocks » Unga limited takeover

Forum Jump

You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Watch this topic
Print this topic

Normal
Threaded