wazua Mon, Mar 23, 2026
Welcome Guest Search | Active Topics | Log In

35 Pages«<2223242526>»
AccessKenya takeover offer at 14/=
h2s
#231 Posted : Friday, July 19, 2013 6:26:44 PM
Rank: Member

Joined: 7/20/2012
Posts: 141
VituVingiSana wrote:
Let it de-list. Take your 14/- and the dividend & RUN. 14/- cash in hand is worth 20/- of 'potential' value. See KK. Learn.

For those who bought when it was at its lowest, it's easy to accept. The same cannot be said for those who bought during its highs. personally I agree with you.
Jamani
#232 Posted : Friday, July 19, 2013 10:08:30 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
VituVingiSana wrote:
Let it de-list. Take your 14/- and the dividend & RUN. 14/- cash in hand is worth 20/- of 'potential' value. See KK. Learn.


Hapana vvs, let it delist at the right price, the situation of AK is very different from the one of KK, remember KK had wars with government, KPL, Employees among others and no price had been declared, due diligence issues and govt (read nyoike)had not cleared the takeoveretc.
AK came straight with a price, no wars, govt cleared straight and we all know its valued more than the offer price. Shareholders shouldn't be made to fear, hang on to your shares and get a better price.
King G
#233 Posted : Saturday, July 20, 2013 2:18:04 PM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
These guys are not going to achieve the 75%; there are shareholders who:
Dead
Wrong address
Illitrate who do not know what is going
Big investor who make informed Boardroom Decisions
Mimi & Jamani who don't want to be taken for a ride

Let us wait and see.
Thieves
mlennyma
#234 Posted : Saturday, July 20, 2013 4:52:05 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
But remember the true value of ak as at now is less than 3b
"Don't let the fear of losing be greater than the excitement of winning."
Jamani
#235 Posted : Saturday, July 20, 2013 7:11:39 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
mlennyma wrote:
But remember the true value of ak as at now is less than 3b


Tell that to someone who bought the share above KES 14.
Angelica _ann
#236 Posted : Saturday, July 20, 2013 7:45:19 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Looks @ wazua it is only King G & Jamani against this sweet deal. The majority are for it. Let us support the deal & end the circus.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Jamani
#237 Posted : Saturday, July 20, 2013 11:11:57 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
Well lets wait and see how it goes
VituVingiSana
#238 Posted : Sunday, July 21, 2013 12:23:49 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
If one paid 20 or 30 for AK then it was out of extreme optimism or speculation. Folks paid much higher prices for many shares including Neveready & Olympia. Or even for solid firms like SCBK [330], EABL [420], etc

Look at KK when it was trading at 16 due to optimism that Puma will pay 20. BTW, I did think Puma would pay at least 18 but I was hoping for 22. I was wrong. Dead wrong. Today, if someone were to offer me 15 I would bail out. At 14, I would give it some serious thought. At 13, I will consider it. At 12, I would remain open to the idea if I could re-invest the proceeds elsewhere & it was a quick deal [not waiting 6 months].

Therefore it does NOT matter if you paid 30 for AK. That is history. The value is not 30. The expected 2013 EPS is 1/- which would imply 30x PER. Even if the EPS for 2014 was 2/- that's a PER of 15. There's an OPPORTUNITY COST to every decision
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Jamani
#239 Posted : Sunday, July 21, 2013 12:56:04 AM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
I have made a choice as I did with KK now I wait for the consequences.
mlennyma
#240 Posted : Sunday, July 21, 2013 2:00:53 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Iam in the profit territory on ak and i have signed to accept.
"Don't let the fear of losing be greater than the excitement of winning."
35 Pages«<2223242526>»
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.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.