Read post #146



Reading does not finish the eyes

You didnot learn from AccessKenya & CMC . Big Brother gets what he wants.......... Ask me with Uniliver

It's a pity. In my view , Rea is one of the best managed and transparent companies on the NSE.

Their annual reports and AGM's were very informative. At the end of the AGM's, the directors (particularly Mr. Robinow and the MD) would stick around for over an hour to interact one on one with shareholders. They never harikishad anybody.

In my view, their offer price of kshs. 40/- is far too low for a long-term investor (prepared to hold on forever!) bearing in mind the assets, particularly land, that they hold and the potential of this company. Please note that they are the largest sisal producer in Africa.

Methinks that the new horticultural developments at Dwa and the wind farm initiatives at the coast are wildly exceeding their expectations!

Pity that CMA/NSE is permitting suspension of trading. Continuation would have seen determination of the true value of this company.

Expect more of the same from companies whose shares are tightly held and thinly traded.

Anyone with more info on the takeover of Ennsvalley Bakery by Unga Group?

Whatever the motive, it's clear Centum will likely succeed in either keeping status quo with a price of 50/= for everyone, or simply raising the offer price to 55/= then a bidding war https://www.nse.co.ke/li...r-nse-press-notice-2013

Spoiler alert
3.1 Issued share capital of RVP comprises 60 million ordinary shares. Centum owns 296,000 ordinary shares

4.1 Subject to whether Centum receives acceptances (waiver at their discretion) aggregated to 25% of issued shares RVP.

5.1 Centum wants RVP to continue to remain listed on the NSE.

He is just bitter...if he believed in Vipingo that much why did he sell?

"I owned 1% of the shares once but
out of frustration and high carry
costs , I switched position so allow
me try and unpack the numbers for
you"

The two brothers are clear on what they want to do...thats to keep growing Sisal...I'm against this idea of killing Kenya's biggest forex earner for the sake of real estate....the Agricultural sector apart from being a big forex earner it employs thousands...should this jobs be lost because of greed?!

As the Bulls fight, the grass will suffer. This thing might go the KK or Carbacid way. For the uninitiated we the KK faithfull are still waiting for our Sh 21 offer. We are still waiting for 21/-

Centum bought off the Matibas in Carbacid by private treaty during the protracted BOC-Carbacid takeover bid and reaped big by selling just after suspension or trading.

I admire Centum though. They have the brains, Cash and Connetions to upset the "Rainbows".

Msc...kq...kk have and will continue making money for ppl while this thing still holds you people.