I pray it goes to 200 bob so i can get afew more shares before the rights, by the way i need some small advise on kplc i currently have paltry 1000 shares which is about 1 yr old now i bought at 180 per share sometimes october last last yr. Now i have intention to increase the shares by about 800,000 (New shares) and also further get the rights at about 400,000 so im hoping to inject about 1.2M on the shares.

1) I have 1m cash but i intend to sell of kcb (i bought kcb at 26 same time last year and they have been performing with snail speed now still at a loss, do you think its prudent to sell off my 12000 kcb shares at aloss and pump up onto to kplc? kcb have been moving upwards lately and am a little confused if i really wantt to get rid of it. which one do you think will make me profits first stay with kcb or change them to kplc?

2) I have been doing maths on either buying kplc shares and waite for rights issue, with options on 1) buy before books close on 8th sept and get 5 bob dividend and get the rights as well, or 2) waite for the price to drop further im hoping the price will continue going south as the rights date come closer ( Im praying hard for that any probabilty calculated will be appreciated) and buy low priced shares and forfeit dividends, mathematically which one do you think would give more profits?

3) Is it more profitable to buy rights? at the stock market rather than buy shares and pay for 40% allocated rights? thanks

On the way down KPLC has been trading serious volumes with locals as net sellers and foreigners as net buyers...

When I see this kind of scenario my faith in a company is increased because in terms of entry and exits Local investors have got it all wrong whereas foreigners have got it all right...

I sold my entire Kenya-Re position to get into KPLC. Alas, ever since KPLC has been dropping and Kenya-Re rising....

I however do not regret getting out of Kenya-Re. That is a dodo stock if ever there was one.

Do'nt buy KPLC @ 220 or lower price. I suggest to buy right from the market.

@KIRTI what if the rights are traded issued at 149 are traded on the market at 60bob premium??? then it really makes no difference

@my2cents the rights will be issued at 18.5 (post split) or 149 to cater for the rights issue costs

KPLC price are gone down from 250 to 220. Even we do'nt know furher reduction up to what level. If you buy at current price, then it might further go down. Also you are paying commission on 220 @ 2% = 4.40 bob. I suggest to buy right from market. During that time price will be setteled. You will not regret about price reduction. Also you will pay commission only on premium of right.

is that supposed to mean that the rights will be a hot cake untill there will be none available for trading at the market? this would mean that the price will be higher for the normal shares.

Back to 225/- but only 16,000 traded... Tough to say if there is hidden demand at lower prices since not everyone puts the bids on the Board

Wow... 2mn shares! Nani huyu?

I am surprised coz I was under the impression that the take-up would be by these Fund Managers! I might reconsider my position...