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Breaking news: Segman retires from KK!
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mwekez@ji
#11 Posted : Wednesday, July 03, 2013 8:23:29 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Good thing this Segman is gone. He could have killed KK with the hedges. ... Now, what stuff is this David.Ohana made of?
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mwekez@ji
#12 Posted : Wednesday, July 03, 2013 8:34:56 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
hisah wrote:
What happens to his option shares... The turns of events... H1 2013...

#depressedprice


2011 they dint exercise the options. 2012 they exercised some option at a price of KES 3.42. 2013 and onwards is not clear on matter segman options ... H1 2013 doesnt look good with this kind of news coming in and considering the share has broken down the KES 9 support ... baying for lots of blood at the counter tomorrow #Note the options exercise price - KES 3.42
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dunkang
#13 Posted : Wednesday, July 03, 2013 8:36:05 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
mwekez@ji wrote:
Good thing this Segman is gone. He could have killed KK with the hedges. ... Now, what stuff is this David.Ohana made of?

Atleast they can concentrate on their core business, buying and selling mafuta, not pata potea casino. Am happy too, though not an investor.
Receive with simplicity everything that happens to you.” ― Rashi

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mwekez@ji
#14 Posted : Wednesday, July 03, 2013 8:43:10 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
The official announcement >>> http://www.kenolkobil.com/images/groupceo.pdf
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mwekez@ji
#15 Posted : Wednesday, July 03, 2013 9:04:08 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
So the recent high volume at KES 10 was an exit.



... and notice the KES 3.10 in April 2009! Baying for extreme blood!!
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mwekez@ji
#16 Posted : Wednesday, July 03, 2013 9:38:29 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
dunkang wrote:
mwekez@ji wrote:
Good thing this Segman is gone. He could have killed KK with the hedges. ... Now, what stuff is this David.Ohana made of?

Atleast they can concentrate on their core business, buying and selling mafuta, not pata potea casino. Am happy too, though not an investor.


Yeah. I want to believe David Ohana is not the kind that will engage pata potea casino stuff
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Pesa Nane
#17 Posted : Wednesday, July 03, 2013 10:25:28 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
murchr wrote:
dunkang wrote:
If it was a sudden exit, things are elephant in that house.


I think he was asked to resign or retire amicably. We should have raised our eyebrows when he was replaced as chairman mmmhhh....


Guru267 June 01, 2013 wrote:
@VVS we all know Segman held onto those positions (CEO & Chairman) with no intention of letting go even after multiple requests from the CMA and some shareholders..

There is definitely a reason that the board suddenly stopped supporting his unilateral decision making! Failed corporate strategy...
Some top class managers still have the support from shareholders and the board to hold the dual role!
Pesa Nane plans to be shilingi when he grows up.
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murchr
#18 Posted : Wednesday, July 03, 2013 10:27:40 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
mwekez@ji wrote:
So the recent high volume at KES 10 was an exit.



... and notice the KES 3.10 in April 2009! Baying for extreme blood!!


You will break hearts with that talk of 3/- eish!!
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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Sufficiently Philanga....thropic
#19 Posted : Wednesday, July 03, 2013 10:37:03 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
He touches the sell button with a conservative(highest) buy price of 3.42 and your guess is as good as mine.
@SufficientlyP
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guru267
#20 Posted : Thursday, July 04, 2013 5:32:46 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@VVS must be really traumatised Sad
Mark 12:29
Deuteronomy 4:16
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