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Banque de Kigali
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Frangipani
#211 Posted : Wednesday, August 24, 2011 11:12:02 AM
Rank: New-farer

Joined: 3/14/2011
Posts: 31
Location: Nairobi
Got my full allocation of 24,000! Wish I'd applied for more but am very, very happy.
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Barrywhite
#212 Posted : Wednesday, August 24, 2011 11:34:17 AM
Rank: Member

Joined: 12/2/2009
Posts: 286
Location: Nairobi
Just got word from my broker that my 29k shares applied for are fully mine. Now lets wait for trading come 29th (is it?) I am glad there are no refunds because with current prohibitive exchange rates, the refund process would have lost us money. Eurekaaaaaaa!
The laudable is more often than not rendered laughable by overclaim
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detomweri
#213 Posted : Wednesday, August 24, 2011 12:32:33 PM
Rank: New-farer

Joined: 3/4/2010
Posts: 67
Location: Nairobi
Guys let us look at the secondary market: what do we expect on Monday 29th when this counter goes to the market? Am looking at the hard economic times(Fuel,food etc),International investor interest on this counter,the dollar rate, speculators....Do we expect the Bralirwa scenario where the counter went up by 60% on the first day of trading? Anxious Anxious d'oh!
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Liv
#214 Posted : Wednesday, August 24, 2011 12:43:52 PM
Rank: Veteran

Joined: 11/14/2006
Posts: 1,311
It seems everyone got full allotment....to a certain threshold. For Bralirwa the threshold was 70,000 shares. Anyone who applied for 70,000 or less got full allocation.

Anyone with an idea what this level is for Bank of Kigali?
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ecstacy
#215 Posted : Wednesday, August 24, 2011 1:05:12 PM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
Liv wrote:
It seems everyone got full allotment....to a certain threshold. For Bralirwa the threshold was 70,000 shares. Anyone who applied for 70,000 or less got full allocation.

Anyone with an idea what this level is for Bank of Kigali?


I believe this is as previously stated above - 50,000. I know of an application above this 50K and less than 70K that didn't get full allocation. Official communication should come through at some point.
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mwekez@ji
#216 Posted : Thursday, August 25, 2011 8:58:53 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Whoever applied for 50,000 shares or less was allotted all, but for those who applied for one million shares and above, 25 percent was allotted

http://www.newtimes.co.rw/index...=14728&article=44518

.
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FUNKY
#217 Posted : Friday, August 26, 2011 8:19:35 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
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eco
#218 Posted : Friday, August 26, 2011 10:24:49 AM
Rank: Member

Joined: 6/17/2011
Posts: 229
FUNKY wrote:
http://www.businessdailyafrica.com/Retail+investors+get+extra+shares+in+Kigali+bank+s+IPO+/-/539552/1225216/-/59iy8rz/-/index.html


Rwanda’s Capital Markets Authority Council chief executive Robert Mathu had said in an earlier interview that about a quarter of all retail applicants were Kenyan.

Hmmmmmm
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luxel
#219 Posted : Monday, August 29, 2011 9:42:22 AM
Rank: Member

Joined: 7/17/2008
Posts: 152
For those who applied for more than 50,000 shares, has anybody received their refunds. Am wondering why it would take more than a week to refund yet we are talking about 6,300 shareholders (and probably the one with refunds are less than 1,000). This is a computation that can be done in excel spread sheet and post refunds through RTGS to sort out everybody within 3 hours.ie. by 3.00 P.M on 22nd of august.

Trading starts today. All the best.
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detomweri
#220 Posted : Monday, August 29, 2011 9:45:57 AM
Rank: New-farer

Joined: 3/4/2010
Posts: 67
Location: Nairobi
Has anybody received his/her refund?It was supposed to be done by EFT last week.Today BOK will make a debut at the RSE!!!Drool
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