wazua Fri, Jan 10, 2025
Welcome Guest Search | Active Topics | Log In | Register

Access Kenya postponed AGM
Options
Previous Topic · Next Topic
2012
#1 Posted : Wednesday, May 05, 2010 7:31:54 AM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
What's happening here? Is it true that they are experiencing cashflow problems? Why else would they postpone dividends and what was driving the counter yesterday?

BBI will solve it :)
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#2 Posted : Wednesday, May 05, 2010 7:59:17 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,120
Location: Nairobi
I think a buy-out is imminent... Just my gut feeling...

BTW, dividends are generally paid AFTER the approval in an AGM... thus the 'postponement' of the dividend...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
Chaka
#3 Posted : Wednesday, May 05, 2010 8:14:37 AM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
@VVS,
If there is a buyout ,will this be good or bad for shareholders?
Back to top
 Report Abusive | Report SPAM
KulaRaha
#4 Posted : Wednesday, May 05, 2010 8:28:04 AM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
buyouts are always good for shareholders, unless the buyer decides to strip assets, which Access has none anyways.
Business opportunities are like buses,there's always another one coming
Back to top
 Report Abusive | Report SPAM
Djinn
#5 Posted : Wednesday, May 05, 2010 9:30:10 AM
Rank: Elder


Joined: 11/13/2008
Posts: 1,565
if its a buyout - I think it would fit Essar/Yu's strategy ....
Back to top
 Report Abusive | Report SPAM
Ngalaka
#6 Posted : Wednesday, May 05, 2010 9:58:36 AM
Rank: Veteran


Joined: 10/29/2008
Posts: 1,566
What is Safaricom snaps it - for its enviable corporate clientele.

Huh, more dominance - on data realm this time.

CCK, halloo
Isuni yilu yi maa me muyo - ni Mbisuu
Back to top
 Report Abusive | Report SPAM | Edit by user: Wednesday, May 05, 2010 9:59 AM | Reason: Not specified
VituVingiSana
#7 Posted : Wednesday, May 05, 2010 10:47:46 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,120
Location: Nairobi
Good coz probably a cash offer... Even if in stock, the deal wud be a t a premium... The only catch is somens sell & leave us hanging!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest
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 © 2025 Wazua.co.ke. All Rights Reserved.