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Barclays Rights Issue in the Offing?
Kenyan Oracle
#1 Posted : Friday, June 10, 2011 12:11:56 PM
Rank: Member


Joined: 5/31/2011
Posts: 251
Just read somewhere analysts analysing Barclays Share split. There are high indication that the rights issue is in the offing. Commercial banks (read JM's, KCB) in the recent past have been splitting their shares & later on floating a rights issue. Does that mean BBK share split is a sign of things to come. Should Wazuan be on the look out for the rights issue opportunity and wait for the train to roll in?
You lose money chasing women, but you never lose women chasing money - NAS
Wondergirl
#2 Posted : Friday, June 10, 2011 12:20:40 PM
Rank: Member


Joined: 9/12/2009
Posts: 312
Kenyan Oracle wrote:
Just read somewhere analysts analysing Barclays Share split. There are high indication that the share split is in the offing. Commercial banks (read JM's, KCB) in the recent past have been splitting their shares & later on floating a rights issue. Does that mean BBK share split is a sign of things to come. Should Wazuan be on the look out for the opportunity and wait for the train to roll in?

d'oh!
I think this is ancient new... Gone, done finished??!!
the deal
#3 Posted : Friday, June 10, 2011 1:21:47 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Haah STOP listening to those so called analysts..they get paid to talk nonsense.
Kenyan Oracle
#4 Posted : Friday, June 10, 2011 3:09:31 PM
Rank: Member


Joined: 5/31/2011
Posts: 251
the deal wrote:
Haah STOP listening to those so called analysts..they get paid to talk nonsense.

@the deal. What do think of the split, according to you and the trend following the splits of most companies is there a likelihood of rights issue? Is there a pattern? I don't have the fundamentals.
You lose money chasing women, but you never lose women chasing money - NAS
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