wazua Wed, Mar 18, 2026
Welcome Guest Search | Active Topics | Log In

31 Pages«<2425262728>»
Unga limited takeover
Options
Previous Topic · Next Topic
Angelica _ann
#251 Posted : Monday, July 23, 2018 4:41:20 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
CMA is a very useless body!!!
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
  |
Ericsson
#252 Posted : Monday, July 23, 2018 4:47:10 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Angelica _ann wrote:
CMA is a very useless body!!!


The problem is the CEO,during Stella Kilonzo regime it was effective
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
murchr
#253 Posted : Monday, July 23, 2018 6:24:20 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
This is what we need at the NSE Activist Investors

Quote:
The Business Daily has learnt that the activist investors, including city lawyer Andrew Musangi, Kunal Bid, Rakesh Gadani and Karim Jetha, also wrote protest letters to the boards of the companies and in some cases bought more shares in the open market to boost their ability to block the takeovers.

"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
.
Back to top
  |
Mastermind
#254 Posted : Monday, July 23, 2018 6:32:03 PM
Rank: Veteran

Joined: 1/25/2012
Posts: 1,624
Location: Langley
Ericsson wrote:
Angelica _ann wrote:
CMA is a very useless body!!!


The problem is the CEO,during Stella Kilonzo regime it was effective

And the chairman. It doesn't make sense to appoint a cat to guard milk.
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
  |
tandich
#255 Posted : Wednesday, July 25, 2018 11:14:18 AM
Rank: Member

Joined: 5/6/2008
Posts: 199
Back to top
  |
rwitre
#256 Posted : Wednesday, July 25, 2018 11:36:38 AM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
tandich wrote:
Who will save us from NSE & CMA?
Unga quietly suspends trading from NSE after takeover hitch


That's disconcerting. Sad
Back to top
WWW
  |
obiero
#257 Posted : Wednesday, July 25, 2018 4:25:29 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
rwitre wrote:
tandich wrote:
Who will save us from NSE & CMA?
Unga quietly suspends trading from NSE after takeover hitch


That's disconcerting. Sad

Someone should thank CMA. This one was going to tank

KQ ABP 4.26
Back to top
WWW
  |
obiero
#258 Posted : Wednesday, July 25, 2018 5:12:09 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
VituVingiSana wrote:
Don't cry for me, Obiero

I will not forget you
All these years
You have told me
NAV doesn't matter
But the Open Offer does...

Don't cry for me, Obiero

You have told me
Promises can carry me through
Even after all the baking
Through Ennsvalley
The fingering and losses
And a lowball offers
Thank to insider dealings
I still have positive equity
And no government bailout
And a never ending promise
Of an Open Offer...

Don't cry for me, Obiero

As long as Unga
Is a going concern
Even without an Open Offer
It might not make me rich
Beyond my wildest dreams
But I still get a dividend
And not regular promises
Of an Open Offer...

Don't cry for me, Obiero

I have Isabella and Nick
Who have betrayed me
And Andrew and James
Lurking in the wings
But I await Seaboard
To sweeten the offer
And save me from the promise
Of an Open Offer...

Don't cry for me, Obiero

Kesho utajua hujui

KQ ABP 4.26
Back to top
WWW
  |
obiero
#259 Posted : Wednesday, July 25, 2018 5:13:43 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
Mastermind wrote:
xxxxx wrote:
Ericsson wrote:
mlennyma wrote:
Angelica _ann wrote:
VituVingiSana wrote:
An interesting question:
What if Seaboard doesn't get to 75%?
[Remember BOC and Carbacid]


They failed flat on their bid.

what next?price fall?or price rise as they continue to chase the remaining %


Price will fall with a thump
Good! As a net buyer, I like it! Applause Applause Applause

Time for @vvs and co shareholders in the minority to canvas and avoid being screwed.

They should form a coalition (Unga Minority Ltd) and consolidate their shares. That way they will have a say.

The offer by Seaboard has put a floor of sorts under the share price.

I was not a seller at 40 (NAV 50+) so I will try to buy the shares of those who Wasaliti who want out and I hope at less than 40. Seaboard wants to takeover Unga and it will be back. Patience is key.
In the meantime, based on 1H results, 2H should be a good half too!

Hapa mzee umenoa, nothing like a floor of sorts; Seaboard offered the purchase at a premium, Unga shares were trading circa KES 30 prior to the once in a lifetime offer and are likely to trend downwards first thing on Monday.. I wish you well though

And REA were trading at 27 when Robinows offered 40 and finally Centum paid 85 ... No, I do not think Seaboard will offer 85 but the Adjusted NAV was 67 according to the Circular/Valuation by Faida.
Thanks for your good wishes.

As always bro..

KQ ABP 4.26
Back to top
WWW
  |
Ericsson
#260 Posted : Wednesday, July 25, 2018 5:18:16 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
Mastermind wrote:
xxxxx wrote:
Ericsson wrote:
mlennyma wrote:
Angelica _ann wrote:
VituVingiSana wrote:
An interesting question:
What if Seaboard doesn't get to 75%?
[Remember BOC and Carbacid]


They failed flat on their bid.

what next?price fall?or price rise as they continue to chase the remaining %


Price will fall with a thump
Good! As a net buyer, I like it! Applause Applause Applause

Time for @vvs and co shareholders in the minority to canvas and avoid being screwed.

They should form a coalition (Unga Minority Ltd) and consolidate their shares. That way they will have a say.

The offer by Seaboard has put a floor of sorts under the share price.

I was not a seller at 40 (NAV 50+) so I will try to buy the shares of those who Wasaliti who want out and I hope at less than 40. Seaboard wants to takeover Unga and it will be back. Patience is key.
In the meantime, based on 1H results, 2H should be a good half too!

Hapa mzee umenoa, nothing like a floor of sorts; Seaboard offered the purchase at a premium, Unga shares were trading circa KES 30 prior to the once in a lifetime offer and are likely to trend downwards first thing on Monday.. I wish you well though

And REA were trading at 27 when Robinows offered 40 and finally Centum paid 85 ... No, I do not think Seaboard will offer 85 but the Adjusted NAV was 67 according to the Circular/Valuation by Faida.
Thanks for your good wishes.


Centum sold all their portfolio in the Quoted equities segment
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
31 Pages«<2425262728>»
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.