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Family Bank shares
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bartum
#41 Posted : Thursday, May 05, 2011 7:32:45 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
why is their alot of supply? Ama a problem who has the financial results to dec. 2010 if possible include shareholding of that strategic investor.
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PKoli
#42 Posted : Friday, May 06, 2011 12:00:17 AM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
Hunderwear wrote:
@pkoli They stil are trading amongst the existing shareholders only but I suppose there is away to get in(dont know how though).Try ikanyari@familybank.co.ke for more.By the way how are the prospects of the bank going by the results 2010?



@Hunder..

I received a delivery failure.

Delivery has failed to these recipients or distribution lists:

ikanyari@familybank.co.ke
The recipient's e-mail address was not found in the recipient's e-mail system
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youcan'tstopusnow
#43 Posted : Friday, May 06, 2011 8:08:11 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Family Bank did not turn out to be the promising son we thought it to besmile
GOD BLESS YOUR LIFE
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Wa_ithaka
#44 Posted : Friday, May 06, 2011 8:53:05 AM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
Thanks Hunderwear.

Bartum et al On the contrary, 2010 PAT rose from Ksh220m to Ksh399m. If this constitutes failure, show what success is.
Its a well run bank that is going places especially with new strategic investor. I prefer a listing in 2013/4 though when it'll already be in Ug/S Sudan
The Governor of Nyeri - 2017
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Hunderwear
#45 Posted : Friday, May 06, 2011 3:25:22 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
@pkoli sorry about that try shares@familybank.co.ke.Let me knw if you go throug.@bartum can attribute the situation to 1.frustrated shareholdrs who bought in 2006 hopn 2 sel in the Ipo then slated for 2009.2.the fact that demand only comes from current shareholders.3.late 2010 they changed the banking system n replaced with a problematic one that caused alot of delay since then.Am not sure if the problem is rectified nw but i experienced it first hand in feb 2011.Imagne entering the bank at 11 and leaving after 4 after a simple withdrawal trxn.
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PKoli
#46 Posted : Friday, May 06, 2011 3:38:53 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
Hunderwear wrote:
@pkoli sorry about that try shares@familybank.co.ke.Let me knw if you go throug.@bartum can attribute the situation to 1.frustrated shareholdrs who bought in 2006 hopn 2 sel in the Ipo then slated for 2009.2.the fact that demand only comes from current shareholders.3.late 2010 they changed the banking system n replaced with a problematic one that caused alot of delay since then.Am not sure if the problem is rectified nw but i experienced it first hand in feb 2011.Imagne entering the bank at 11 and leaving after 4 after a simple withdrawal trxn.


Thanks, I will get in touch with them and let you know
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Wa_ithaka
#47 Posted : Sunday, May 08, 2011 9:30:47 PM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
According to Family Bank's 2010 annual report, AfricInvest paid Ksh2 for each of the shares it bought last August/September
The Governor of Nyeri - 2017
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bartum
#48 Posted : Monday, May 09, 2011 8:55:02 AM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
Wa_ithaka wrote:
According to Family Bank's 2010 annual report, AfricInvest paid Ksh2 for each of the shares it bought last August/September

@waithaka then how many billion shares did they acquire.
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Hunderwear
#49 Posted : Tuesday, May 17, 2011 1:50:35 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
Wa_ithaka wrote:
According to Family Bank's 2010 annual report, AfricInvest paid Ksh2 for each of the shares it bought last August/September



Liar wa ithaka the price they paid is at least 17 kes a piece and i tel u why.

The share capital during the year increased by 115966000,their share premium increased by 915681000(782748000-1644429000).
Assumption:all the shares issued during the year were issued to AfricInvest.

Waithaka you can now do the maths for us and tell us where you got the 2 bob which happens to be the par value


http://www.familybank.co...ial%20Results%20-%202010
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Wa_ithaka
#50 Posted : Monday, June 20, 2011 12:28:23 PM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
Any shareholders looking to sell family bank shares please let me know.
Amount of shares doesn't matter. thanks
The Governor of Nyeri - 2017
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