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Access Kenya PAT rises 61.8% in H1 2013
Rank: Elder Joined: 6/2/2008 Posts: 1,438
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PAT has increased from 68.2M to 110.3M with EPS rising from Kshs 0.31 to Kshs 0.51 y/y.
One wonders why these results were announced shortly after the extraordinary general meeting to approve the takeover/delisting. No doubt there will be some "sellers remorse" following these results.
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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Witch hunting!!! Moved on ... Thieves
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Top line growth not good.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Forget and move on, tranny of numbers 75% and verdict passed on 20th. Case closed.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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We were conned by thugs and they will pay our anger later. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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A.ks problem was that loan and capital and now that is sorted by dd,it will do well but cursed by many share holders. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 4/14/2011 Posts: 639
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Did they get the 90% acceptance for compulsory takeover?
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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 kifoo, kifoo, kifo hakina hurumaaaa.....kifo wee kifo, kifowe kifoo hauna hurumaaa.......!  Its dead as a dudu! mwanahisa wrote:PAT has increased from 68.2M to 110.3M with EPS rising from Kshs 0.31 to Kshs 0.51 y/y.
One wonders why these results were announced shortly after the extraordinary general meeting to approve the takeover/delisting. No doubt there will be some "sellers remorse" following these results.
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Rank: New-farer Joined: 6/23/2010 Posts: 52 Location: Majuu
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So what happens to dudes like who did not sell? As an investor I behave like a tick, patiently waiting on grass and larch onto the first cow that shows up. As an investor I dont behave like a tick...I jump off the the cow as soon as am fully engorged before it dies...
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Rank: New-farer Joined: 6/10/2013 Posts: 52
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I did not sell. It seems they have not reached 90% acceptances for compulsory acquisition so we will remain shareholders with Dimension Data.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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If you didnt sell the owners will dictate to you what they want done,given that c.m.a cleared the deal as above board. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: New-farer Joined: 6/10/2013 Posts: 52
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Acceptances received 87.5%.
I am sure Dimension Data will not run the company into the ground. On the contrary, it will grow and be more profitable...And there are laws against minority oppression. All shareholders, big or small, are to be treated equally as provided under the law. I am in for the long run unless I am enticed to sell out to Dimension Data at 20/- a share!
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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 Why would CMA allow this data to be released to the public and yet the share/stock is not trading? Isn't it absurd and theivery? They make money using our money and go scot free to the bar! CMA should force them to declare a strip dividend to counter that!
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Even if they dont de-list the share will be illiquid which is not good. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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Realtreaty wrote: Why would CMA allow this data to be released to the public and yet the share/stock is not trading? Isn't it absurd and theivery? They make money using our money and go scot free to the bar! CMA should force them to declare a strip dividend to counter that! This is Kenya boss accept and wait for the cheque Thieves
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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 Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Member Joined: 7/13/2006 Posts: 94 Location: Nairobi
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I will pick my cash and invest elsewhere. There are over 50 counters in NSE. I will not mourn AK's exit. Aluta Continua = Forward march!!! Knock hard and it will be opened. Ask and you will be answered. Seek and you shall find.
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Rank: Member Joined: 1/1/2010 Posts: 511 Location: kandara, Murang'a
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mwanahisa wrote:PAT has increased from 68.2M to 110.3M with EPS rising from Kshs 0.31 to Kshs 0.51 y/y.
One wonders why these results were announced shortly after the extraordinary general meeting to approve the takeover/delisting. No doubt there will be some "sellers remorse" following these results. Looks like we are going to have a healthy relationship me and Dimension. If only I added more at 5/=. Foresight..
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Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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gatoho wrote:mwanahisa wrote:PAT has increased from 68.2M to 110.3M with EPS rising from Kshs 0.31 to Kshs 0.51 y/y.
One wonders why these results were announced shortly after the extraordinary general meeting to approve the takeover/delisting. No doubt there will be some "sellers remorse" following these results. Looks like we are going to have a healthy relationship me and Dimension. If only I added more at 5/=. And your dream may be very very short lived! Blame the game, not the player! Receive with simplicity everything that happens to you.” ― Rashi
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Access Kenya PAT rises 61.8% in H1 2013
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