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Carbacid Investments FY 2020
Ericsson
#21 Posted : Thursday, November 26, 2020 5:15:39 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Fyatu wrote:
mlennyma wrote:
This is broad day conmanship to many shareholders who bought Boc at very high prices


The casino is rigged


Uliambiwa you are on your own
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Monk
#22 Posted : Tuesday, December 01, 2020 6:50:12 PM
Rank: Member


Joined: 7/1/2009
Posts: 256
Speculators must be making a kill here...47% gain in days.
FUNKY
#23 Posted : Thursday, December 03, 2020 7:31:58 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
VituVingiSana
#24 Posted : Friday, December 04, 2020 9:19:14 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
FUNKY wrote:
https://www.businessdailyafrica.com/bd/corporate/companies/baloobhai-patel-could-earn-sh38m-in-boc-buyout-3216982
He is buying the shares from other shareholders so he isn't getting a payout. He just needs to buy fewer shares from the rest.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
tandich
#25 Posted : Friday, January 22, 2021 2:38:36 PM
Rank: Member


Joined: 5/6/2008
Posts: 199
Extension of Time for Service of Offeree Circular

VituVingiSana
#26 Posted : Tuesday, February 23, 2021 10:29:51 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Good set of HY results from CARB.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Monk
#27 Posted : Tuesday, March 02, 2021 9:07:46 PM
Rank: Member


Joined: 7/1/2009
Posts: 256
Any idea if there are any activist investors pushing back on BOC takeover? I'm in BOC; the idea of being forced out when the share is at its lowest feels like daylight robbery.
VituVingiSana
#28 Posted : Tuesday, March 02, 2021 10:59:16 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Monk wrote:
Any idea if there are any activist investors pushing back on BOC takeover? I'm in BOC; the idea of being forced out when the share is at its lowest feels like daylight robbery.
I read in BD that Ngugi Kiuna amekataa.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Monk
#29 Posted : Wednesday, March 03, 2021 9:13:14 AM
Rank: Member


Joined: 7/1/2009
Posts: 256
VituVingiSana wrote:
Monk wrote:
Any idea if there are any activist investors pushing back on BOC takeover? I'm in BOC; the idea of being forced out when the share is at its lowest feels like daylight robbery.
I read in BD that Ngugi Kiuna amekataa.


Thanks. Perhaps there is hope of getting a better offer then, or torpedo the takeover.

When Unga did the same, I caved in, though I would have preferred to hang on. I had no idea others would successfully resist the buyout.
VituVingiSana
#30 Posted : Wednesday, March 03, 2021 10:43:49 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Monk wrote:
VituVingiSana wrote:
Monk wrote:
Any idea if there are any activist investors pushing back on BOC takeover? I'm in BOC; the idea of being forced out when the share is at its lowest feels like daylight robbery.
I read in BD that Ngugi Kiuna amekataa.


Thanks. Perhaps there is hope of getting a better offer then, or torpedo the takeover.

When Unga did the same, I caved in, though I would have preferred to hang on. I had no idea others would successfully resist the buyout.
Unga is now at 30 after 18 months so you did much better than me. Laughing out loudly Linde is selling its shares to CARB. There is the risk of delisting after CARB gets 75%.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
littledove
#31 Posted : Friday, March 05, 2021 8:26:52 AM
Rank: Veteran


Joined: 7/1/2014
Posts: 903
Location: sky
https://www.businessdailyafrica.com/bd/corporate/companies/tycoon-in-tribunal-carbacid-takeover-of-boc-3312288
Billionaire businessman Ngugi Kiuna is seeking the termination of the Carbacid Investments’ buyout of BOC Kenya after filing an objection to the deal at the Capital Markets Tribunal citing undervaluation.

Mr Kiuna, a former BOC Kenya chairman, said the Capital Markets Authority (CMA) erred in approving the takeover by ignoring the undervaluation of BOC besides disregarding the protection of interests of minority shareholders.

The tycoon, who holds 1.4 million BOC shares equivalent to a 7.6 percent stake, filed the appeal on March 1, 2021.
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
Monk
#32 Posted : Friday, March 05, 2021 11:54:47 AM
Rank: Member


Joined: 7/1/2009
Posts: 256
VituVingiSana wrote:
Monk wrote:
VituVingiSana wrote:
Monk wrote:
Any idea if there are any activist investors pushing back on BOC takeover? I'm in BOC; the idea of being forced out when the share is at its lowest feels like daylight robbery.
I read in BD that Ngugi Kiuna amekataa.


Thanks. Perhaps there is hope of getting a better offer then, or torpedo the takeover.

When Unga did the same, I caved in, though I would have preferred to hang on. I had no idea others would successfully resist the buyout.
Unga is now at 30 after 18 months so you did much better than me. Laughing out loudly Linde is selling its shares to CARB. There is the risk of delisting after CARB gets 75%.


Useful lesson, thanks. The court case buys me more time, but should Mr Kiuna loose, I suppose it's wiser to cut losses and take the offer.
VituVingiSana
#33 Posted : Tuesday, November 02, 2021 2:38:48 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Final Dividend 70
Special Div 90
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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