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.

Family Bank did not turn out to be the promising son we thought it to be

@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.

According to Family Bank's 2010 annual report, AfricInvest paid Ksh2 for each of the shares it bought last August/September

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...al%20Results%20-%202010

Has anyone managed to get a hold of their financials Q3, I can't get thru to my link guy for a copy. and how are they?

Profit after tax was 26% lower compared to last year. Reason? Munyiri's salary

I hear SIB buys through their Nominee account

Expense went up Ksh0.7bn against fairly flat income. Must be all those senior managers they've hired. And the ones they've fired.

i hope KQ can also be wise and postpone the cash call. They would get more support i think. But to 11b at this time? If they can underwrite say half of the 11b, maybe.