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AccessKenya takeover offer at 14/=
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VituVingiSana
#281 Posted : Tuesday, August 13, 2013 8:19:15 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Signed, sealed & delivered. My form. Now waiting for the chq.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Jamani
#282 Posted : Tuesday, August 13, 2013 10:51:43 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
I too threw in the towel
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sparkly
#283 Posted : Wednesday, August 14, 2013 12:09:20 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Handed in my form today. Surprisingly it came through the post yesterday. Will be taking my peanuts and moving on. This is a case where the majority have screwed the minority with the advantage of information not available to the market.

Henceforth i will stick to the big Caps where the market has a say.
Life is short. Live passionately.
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jacmuchiri
#284 Posted : Wednesday, August 14, 2013 5:00:34 AM
Rank: New-farer

Joined: 9/11/2012
Posts: 12
Location: Bermuda
...and with my small shareholding, am staying put. I will be a minority shareholder in the delisted entity. Does someone have an estimate of the value of their fibre optic? I think there is value in the future of this company and truth be told - the Somens may be getting a shareholding in DD through a disguised investment vehicle. Otherwise, how foolish would DD be to buy a 100% of a lemon at 14?
...When they count the men who built Kenya, will you be in the list? I choose to go long term....
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tom_boy
#285 Posted : Wednesday, August 14, 2013 5:03:59 AM
Rank: Member

Joined: 2/20/2007
Posts: 767
I am still hanging on to mine. Let them delist. I will enjoy the ride. No wonder they had to suspend trading because I would have bought more.
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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Aguytrying
#286 Posted : Wednesday, August 14, 2013 7:47:42 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
tom_boy wrote:
I am still hanging on to mine. Let them delist. I will enjoy the ride. No wonder they had to suspend trading because I would have bought more.


To those hanging on, please tell us the experience in a few years. you can be our wazua(warriors) case study.
coz this won't be the last takeover. we can learn from each other.

I have seen a few similarities btn kk and access. company making losses, share goes down to a dirt cheap level. company recovers, company bought out. kk may be heading the same way in the next few years
The investor's chief problem - and even his worst enemy - is likely to be himself
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King G
#287 Posted : Wednesday, August 14, 2013 8:05:50 AM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
Aguytrying wrote:
tom_boy wrote:
I am still hanging on to mine. Let them delist. I will enjoy the ride. No wonder they had to suspend trading because I would have bought more.


To those hanging on, please tell us the experience in a few years. you can be our wazua(warriors) case study.
coz this won't be the last takeover. we can learn from each other.

I have seen a few similarities btn kk and access. company making losses, share goes down to a dirt cheap level. company recovers, company bought out. kk may be heading the same way in the next few years


I wish i had like 1k shares only i would have held on. But mine were too many, too much of my money would have been held with uncertainity. Shark swallows omena.
Thieves
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wilyum
#288 Posted : Wednesday, August 14, 2013 5:27:23 PM
Rank: Veteran

Joined: 12/21/2011
Posts: 1,010
Dimension Data says 75% shareholders of @accesskenyacom have accepted their take-over offer hence de-listing from NSE imminent
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MaichBlack
#289 Posted : Wednesday, August 14, 2013 5:50:20 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,838
Aguytrying wrote:
tom_boy wrote:
I am still hanging on to mine. Let them delist. I will enjoy the ride. No wonder they had to suspend trading because I would have bought more.


To those hanging on, please tell us the experience in a few years. you can be our wazua(warriors) case study.
coz this won't be the last takeover. we can learn from each other.

I have seen a few similarities btn kk and access. company making losses, share goes down to a dirt cheap level. company recovers, company bought out. kk may be heading the same way in the next few years

I'm also not throwing in the towel. #wazuaworrior.

Nakaa ngumu!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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MaichBlack
#290 Posted : Wednesday, August 14, 2013 5:57:58 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,838
kollabo wrote:
King G wrote:
Jamani wrote:
@vvs surely can you compare KQ to AK? One is in the loss bracket and the other in profit bracket. Did I say we wait for 35? once again i emphasize 14 is a throw away price even DD knows it and they have stated clearly they might increase the offer pice, why not push for the increase, what harm is there?


I think what @Jamani is trying to emphasise is that AK has got its footing back and is in the right path with potential for serious positive growth and consolidation of development in the next 3-5 years which DD is taking advantage of while investors who have stayed for long are being denied because of the Somens.

My investment is not much in this but i am going nowhere. I gave in during Uniliver who had 75% but not this!!! Even if it goes back to 6 bob sawa.


Am with you on this one.

Tuko wengi!!! Hata mimi sibanduki!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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