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Family Bank shares
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TUPAC
#1 Posted : Saturday, September 18, 2010 10:50:56 PM
Rank: Member


Joined: 12/8/2009
Posts: 274
Location: Ltktk
where can i get the family bank shares over the counter? i understand they were sold at 60 bob during the private placement.
and what could be the cost at the moment?
...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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PKoli
#2 Posted : Saturday, September 18, 2010 11:34:31 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
TUPAC wrote:
where can i get the family bank shares over the counter? i understand they were sold at 60 bob during the private placement.
and what could be the cost at the moment?


I have also been looking for this share. It looks as rare as CiC. Do you have an account with Family Bank?
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TUPAC
#3 Posted : Sunday, September 19, 2010 12:00:56 AM
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Joined: 12/8/2009
Posts: 274
Location: Ltktk
@pkoli
i dont have an account with them. which broker deals in these shares? as for cic am sure we shall get the shares @the saccos.
family could be the next gem @nse.
do i need an account with them to get the shares ama?
...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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PKoli
#4 Posted : Sunday, September 19, 2010 12:33:51 AM
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Joined: 2/10/2007
Posts: 1,587
TUPAC wrote:
@pkoli
i dont have an account with them. which broker deals in these shares? as for cic am sure we shall get the shares @the saccos.
family could be the next gem @nse.
do i need an account with them to get the shares ama?


They do not have any broker dealing in the shares. I am told you can only get them at the Bank. That means you must have an account with them.
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TUPAC
#5 Posted : Sunday, September 19, 2010 12:43:48 AM
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Joined: 12/8/2009
Posts: 274
Location: Ltktk
@koli
ok. thats even better. may be you could also do some research on the cost. hve you tried to buy some?
will then open an accout and place an order.
...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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PKoli
#6 Posted : Sunday, September 19, 2010 1:09:26 AM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
TUPAC wrote:
@koli
ok. thats even better. may be you could also do some research on the cost. hve you tried to buy some?
will then open an accout and place an order.


I had tried to get them but the brokers said only the bank deals in the shares. I will try to find out from some guys who have them on the cost. All I am looking for is to get in and have a few shares. I can then build them slowly so that by the time of listing I should have like 10000. when they list they will obviously give a bonus or share plit. This is the next gem as you said earlier.
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youcan'tstopusnow
#7 Posted : Sunday, September 19, 2010 2:52:22 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Email for share info. Family Bank Shares: shares@familybank.co.ke
GOD BLESS YOUR LIFE
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PKoli
#8 Posted : Sunday, September 19, 2010 3:02:30 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
youcan'tstopusnow wrote:
Email for share info. Family Bank Shares: shares@familybank.co.ke


@youcan'tstopusnow

Thanks for the info. We will start the hunting
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Pablo
#9 Posted : Monday, September 20, 2010 1:57:57 PM
Rank: Member


Joined: 3/17/2008
Posts: 567
Location: Nairobi
From hwat I know when I tried to purchase them 2 yrs back, they could only sell to those who were already shareholders. There was some legal issue why they could not get new shareholders.

Dont know if this was ever resolved.
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underweight
#10 Posted : Monday, September 20, 2010 4:20:28 PM
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Joined: 1/25/2009
Posts: 184
Location: For now El-Fashier - Darfur
I tried selling my shares two weeks ago and was informed that it was going for between Kshs 22.00-24.00. That equates to 55- 60 before the split that was done last year. Note that The Private placement was at 60.00 and rights issue that I believe as a flop was at 22.00. Its only sold to shareholder. Though you can open a joint account with a shareholder and You'll be eligible to buy them.
"A bad decision made now is beta that a good one made later!!"
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yosie03
#11 Posted : Tuesday, January 04, 2011 8:53:47 PM
Rank: New-farer


Joined: 12/21/2010
Posts: 9
@Underweight still interested in selling them?we can talk busines am already a shareholder.
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yosie03
#12 Posted : Tuesday, January 04, 2011 8:54:52 PM
Rank: New-farer


Joined: 12/21/2010
Posts: 9
@Underweight still interested in selling them?we can talk busines am already a shareholder.
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bartum
#13 Posted : Tuesday, January 04, 2011 9:31:21 PM
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Joined: 8/11/2010
Posts: 1,011
Location: nairobi
what is total number of shares after bonus, rights etc ie total so far
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Tommy
#14 Posted : Tuesday, January 04, 2011 9:33:27 PM
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Joined: 12/9/2010
Posts: 894
Location: Nairobi
this share could be a gem bearing in mind the strong balance sheet they posted for half yr results. when should we expect the listing of this gem in nse
Don't wait for the Last Judgment. It happens every day. ~Albert Camus, The Fall, 1956
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underweight
#15 Posted : Tuesday, January 04, 2011 10:28:33 PM
Rank: Member


Joined: 1/25/2009
Posts: 184
Location: For now El-Fashier - Darfur
@yosie03 am NO longer interested in selling especially after they sold 24.99% stake to a swedish equity firm. Infact am moping up all the shares available on sale. @ bartum I'll came back with thorough details kesho.
"A bad decision made now is beta that a good one made later!!"
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simonkabz
#16 Posted : Wednesday, January 05, 2011 12:46:59 AM
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Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
U'wt boy vipi? Longest tym...
TULIA.........UFUNZWE!
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underweight
#17 Posted : Wednesday, January 05, 2011 8:35:37 AM
Rank: Member


Joined: 1/25/2009
Posts: 184
Location: For now El-Fashier - Darfur
@S'kabs am doing great. Si ulisikia nilipita katikati yao. Mambo yangu iling'aa!!
"A bad decision made now is beta that a good one made later!!"
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bartum
#18 Posted : Wednesday, January 05, 2011 10:25:51 AM
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Joined: 8/11/2010
Posts: 1,011
Location: nairobi
simonkabs provide me with your email, we talk family bank shares
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underweight
#19 Posted : Wednesday, January 05, 2011 10:48:40 AM
Rank: Member


Joined: 1/25/2009
Posts: 184
Location: For now El-Fashier - Darfur
Baghule (sic) bartum are we you referring to Simonkabs or underweight?
"A bad decision made now is beta that a good one made later!!"
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Bugatti
#20 Posted : Wednesday, January 05, 2011 10:49:39 AM
Rank: New-farer


Joined: 10/14/2010
Posts: 50
Location: Nairobi Kenya
Is there any one who recently joined as a shareholder of Family Bank.I have realy been following up with one guy at their Company secretaries office and they insist coz of technical issues i cannot buy the shares since i am not a current shareholder.Please advice through who did you join .I have really been chasing one and half years down the line
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