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Banque de Kigali
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FUNKY
#221 Posted : Monday, August 29, 2011 9:57:35 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
What is the opening price?
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detomweri
#222 Posted : Monday, August 29, 2011 10:14:11 AM
Rank: New-farer


Joined: 3/4/2010
Posts: 67
Location: Nairobi
We will know by around 2.00pm.The information from Rwanda is normally very slow.
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2012
#223 Posted : Monday, August 29, 2011 10:56:03 AM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
detomweri wrote:
We will know by around 2.00pm.The information from Rwanda is normally very slow.


Are the figures on the Rwanda Stock Exchange website live?

RSE Link

BBI will solve it :)
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ecstacy
#224 Posted : Monday, August 29, 2011 11:13:26 AM
Rank: Elder


Joined: 2/26/2008
Posts: 4,449
luxel wrote:
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.


As of Saturday, I'd not received my refund - via RTGS. The Rwandese need to improve in execution speeds. Maybe the CMA here should offer some guidance given Kenyans are major participants in these Rwandese offers.
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FUNKY
#225 Posted : Monday, August 29, 2011 12:04:20 PM
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Joined: 4/30/2010
Posts: 1,635
RSE link is www.rse.rw but the price of BK is not showing
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Barrywhite
#226 Posted : Monday, August 29, 2011 2:44:54 PM
Rank: Member


Joined: 12/2/2009
Posts: 286
Location: Nairobi
Guys, I got info my my broker (CDS) that trading of these shares had been pushed forward to 1st of September. No reasons were given.
The laudable is more often than not rendered laughable by overclaim
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ecstacy
#227 Posted : Monday, August 29, 2011 3:49:46 PM
Rank: Elder


Joined: 2/26/2008
Posts: 4,449
Barrywhite wrote:
Guys, I got info my my broker (CDS) that trading of these shares had been pushed forward to 1st of September. No reasons were given.


Thank you.
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VituVingiSana
#228 Posted : Monday, August 29, 2011 5:26:59 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Barrywhite wrote:
Guys, I got info my my broker (CDS) that trading of these shares had been pushed forward to 1st of September. No reasons were given.

idd-ul-fitr on 31st Sep
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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youcan'tstopusnow
#229 Posted : Monday, August 29, 2011 7:46:09 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VituVingiSana wrote:
Barrywhite wrote:
Guys, I got info my my broker (CDS) that trading of these shares had been pushed forward to 1st of September. No reasons were given.

idd-ul-fitr on 31st Sep

31st August;-)
GOD BLESS YOUR LIFE
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mwekez@ji
#230 Posted : Monday, August 29, 2011 8:40:10 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
youcan'tstopusnow wrote:
VituVingiSana wrote:
Barrywhite wrote:
Guys, I got info my my broker (CDS) that trading of these shares had been pushed forward to 1st of September. No reasons were given.

idd-ul-fitr on 31st Sep

31st August;-)


30th August ;-)

Muslims (in rwanda) to observe Eid-ul-Fitr tomorrow

http://www.newtimes.co.rw/index...=14732&article=44657
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hisah
#231 Posted : Monday, August 29, 2011 11:16:54 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Eid on 30th in Rw & on 31st in KE. Isn't this holiday fixed on 31st. Why the goal post shifting on the listing... smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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FUNKY
#232 Posted : Tuesday, August 30, 2011 7:57:14 AM
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Joined: 4/30/2010
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Sober
#233 Posted : Tuesday, August 30, 2011 8:29:02 AM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
hisah wrote:
Eid on 30th in Rw & on 31st in KE. Isn't this holiday fixed on 31st. Why the goal post shifting on the listing... smile


it depends on when the 'chief-Imam' sees the moon or something.
this share is being waited with much anticipation.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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detomweri
#234 Posted : Tuesday, August 30, 2011 9:49:43 AM
Rank: New-farer


Joined: 3/4/2010
Posts: 67
Location: Nairobi
What became of the refunds? Has anybody received his?
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ecstacy
#235 Posted : Tuesday, August 30, 2011 10:05:25 AM
Rank: Elder


Joined: 2/26/2008
Posts: 4,449
Refunds I'm told by Friday.
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kolgomorof
#236 Posted : Tuesday, August 30, 2011 9:04:09 PM
Rank: Hello


Joined: 6/30/2011
Posts: 6
I wasnt allocated all the shares i had applied and i bought them at KES 20 per share. 100 share are missing. are they likely to shoot to about 24 the first day of trading?
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FUNKY
#237 Posted : Thursday, September 01, 2011 10:54:26 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
Guys the trading was to start today. Any news on the price?
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luxel
#238 Posted : Thursday, September 01, 2011 11:24:00 AM
Rank: Member


Joined: 7/17/2008
Posts: 152
First trade at 135 Rwanda francs
* Trader says share price to stabilise (Adds trader comment)

KIGALI, Sept 1 (Reuters) - Shares in Bank of Kigali, Rwanda's biggest bank by assets, rose 8 percent to 135 Rwanda francs in their market debut on Thursday.

A lot of 60,000 shares was the first trade to go through after an initial public offer of a 45 percent stake in the bank by the government, which was met by huge investor appetite.

"We have our first deal at 135 Rwanda Francs. And it seems most of the sellers are looking to make a killing by bidding way above 80 percent to make a profit," said Consolata Mburu, a trader at CFC Stanbic Financial Services, adding: "but it would seem that the price will stabilise between 130 and 150."

Rwandan assets have been attracting plenty of interest as investors bet the central African nation will offer good returns as it develops its economy and capital markets from scratch.

Another IPO at the start of the year by brewer Bralirwa received a huge subscription rate. (Reporting by Graham Holliday; Editing by Duncan Miriri and Helen Massy-Beresford)
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FUNKY
#239 Posted : Thursday, September 01, 2011 11:29:50 AM
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Joined: 4/30/2010
Posts: 1,635
This share escalated only 8 percent. I was expecting it to rise by around 80 percent.
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mlennyma
#240 Posted : Thursday, September 01, 2011 11:38:20 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
8% is available in our dying nse...all the exchange rate,time and communication problems its not worth it.
"Don't let the fear of losing be greater than the excitement of winning."
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