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Could the recent fall in the NSE be because of KPLC rights issue??
guru267
#21 Posted : Thursday, November 18, 2010 9:41:40 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
kyt wrote:
can anyone get in if he is not a shareholder? When do books close?


you probably have only a week to get in or you can risk waiting for the rights on the market because not all of us will take up our rights
Mark 12:29
Deuteronomy 4:16
2012
#22 Posted : Thursday, November 18, 2010 9:52:00 AM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
guru267 wrote:
you probably have only a week to get in or you can risk waiting for the rights on the market because not all of us will take up our rights


I still don't see why a shareholder (with the exception of govt) would not take up these rights. The way I see it, only govt rights plus a decimal amount will be available and I wouldn't count on getting the govt ones for a song.

BBI will solve it
:)
My 2 cents
#23 Posted : Thursday, November 18, 2010 11:29:18 AM
Rank: Veteran


Joined: 6/2/2010
Posts: 1,075
Isn't KPLC trading today? I find it incredulous that not a single share has been bought/sold so far...
guru267
#24 Posted : Thursday, November 18, 2010 11:35:24 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
My 2 cents wrote:
Isn't KPLC trading today? I find it incredulous that not a single share has been bought/sold so far...


probably there's a demand supply mismatch
Mark 12:29
Deuteronomy 4:16
mwenza
#25 Posted : Thursday, November 18, 2010 12:20:12 PM
Rank: Elder


Joined: 4/22/2009
Posts: 2,863
Wait for the first trade today at 227/=.
IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
My 2 cents
#26 Posted : Thursday, November 18, 2010 1:17:28 PM
Rank: Veteran


Joined: 6/2/2010
Posts: 1,075
Finally, first trade at 220
Sober
#27 Posted : Thursday, November 18, 2010 1:37:18 PM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
Most buys were tageting a 202-208 prices when th sell orders hoped for a 210 region price. In tommorrows trading, this would have been corrected and we'll see a more uniform trend.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
mwenza
#28 Posted : Thursday, November 18, 2010 2:51:51 PM
Rank: Elder


Joined: 4/22/2009
Posts: 2,863
..............And now its trading at 225/=. Was somebody deliberately trying to force an artificial low price lately?
IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
Billionaire
#29 Posted : Thursday, November 18, 2010 3:05:15 PM
Rank: New-farer


Joined: 9/2/2010
Posts: 26
Location: Nrb
mwenza wrote:
..............And now its trading at 225/=. Was somebody deliberately trying to force an artificial low price lately?


Is there a phrase for the opposite of 'pump and sell'?
I use supress and buy.
My 2 cents
#30 Posted : Thursday, November 18, 2010 3:18:18 PM
Rank: Veteran


Joined: 6/2/2010
Posts: 1,075
Billionaire wrote:
mwenza wrote:
..............And now its trading at 225/=. Was somebody deliberately trying to force an artificial low price lately?


Is there a phrase for the opposite of 'pump and sell'?
I use supress and buy.


Both of them are popular ways used to manipulate the market
jerry
#31 Posted : Thursday, November 18, 2010 4:25:02 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
@billionsmile. What about 'deflate and buy'?
The opposite of courage is not cowardice, it's conformity.
Gordon Gekko
#32 Posted : Thursday, November 18, 2010 4:48:43 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
I like the direction Jubilee is taking though. I have developed a fetish for it........
Much Know
#33 Posted : Thursday, November 18, 2010 8:58:32 PM
Rank: Elder


Joined: 12/6/2008
Posts: 3,558
NASDAQ Composite
(Nasdaq: ^IXIC )
Index Value: 2,525.46
Trade Time: 12:58PM EST
Change: Up 49.45 (2.00%)
Meru Holiness
BGL
#34 Posted : Thursday, November 18, 2010 9:44:52 PM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
Dec 01.... The big day!
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
jerry
#35 Posted : Thursday, November 18, 2010 10:37:09 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
BGL wrote:
Dec 01.... The big day!

I tend to think tomorrow is the big day as we shall know the pricing. Alafu tuanze kujipanga.
The opposite of courage is not cowardice, it's conformity.
2012
#36 Posted : Friday, November 19, 2010 11:35:48 AM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
My 2 cents wrote:
Isn't KPLC trading today? I find it incredulous that not a single share has been bought/sold so far...


Clearly now we know why there were no trades till late. Everything in Kenya leaks out early from the confidential cabinet meeting to military secrets to Waki's envelopes, to grave matters and Ngilu's affairs etc etc... I just love being Kenyan.

BBI will solve it
:)
Sufficiently Philanga....thropic
#37 Posted : Friday, November 19, 2010 1:13:17 PM
Rank: Elder


Joined: 9/23/2010
Posts: 2,221
Location: Sundowner,Amboseli
2012 wrote:
My 2 cents wrote:
Isn't KPLC trading today? I find it incredulous that not a single share has been bought/sold so far...


Clearly now we know why there were no trades till late. Everything in Kenya leaks out early from the confidential cabinet meeting to military secrets to Waki's envelopes, to grave matters and Ngilu's affairs etc etc... I just love being Kenyan.

I smelt a rat, knew there definitley was something cookin on nov 17th, when all over sudden, around 1,2ish pm, someone picked the stocks on offer from around 208 to 220!
This was confirmed in the pullout in today's Dailies, the date included!
@SufficientlyP
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