wazua Fri, May 1, 2026
Welcome Guest Search | Active Topics | Log In

75 Pages123>»
Kenya airways Right Issue
Options
Previous Topic · Next Topic
mwekez@ji
#1 Posted : Monday, March 12, 2012 11:44:42 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
ITS 14 BOB A SHARE!!!

Kenya Airways prices rights issue at 14 shillings
http://af.reuters.com/article/c...ws/idAFL5E8EC08220120312
mwekez@ji attached the following image(s):
investor.jpg (3kb) downloaded 6 time(s).
Back to top
  | | Edit by moderator: Friday, September 21, 2012 12:32 PM | Reason: url tags
mwekez@ji
#2 Posted : Monday, March 12, 2012 12:00:52 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
The offer opens on April 2
Back to top
  |
chaimani
#3 Posted : Monday, March 12, 2012 2:21:46 PM
Rank: New-farer

Joined: 2/26/2012
Posts: 25
Location: moscow na muranga
16 new share for every 5 held @ 14.00.
What do you think? is it a good bet..d'oh! d'oh! d'oh!
chasing after the wind
Back to top
  |
Gordon Gekko
#4 Posted : Monday, March 12, 2012 3:43:57 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Leave it and dilute yourself big time.
Back to top
  |
FundamentAli
#5 Posted : Monday, March 12, 2012 4:16:27 PM
Rank: Veteran

Joined: 11/4/2008
Posts: 1,289
Location: Nairobi
As a frequent traveler, am so disappointed with their service. I have avoided them for the last 1 year. Surely, how do I invest in KQ when they have left us really disappointed?
Back to top
  |
QW25091985
#6 Posted : Monday, March 12, 2012 4:26:39 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
Gordon Gekko wrote:
Leave it and dilute yourself big time.


thats in itself will make it a success !
Back to top
  |
Impunity
#7 Posted : Monday, March 12, 2012 6:08:21 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
chaimani wrote:
16 new share for every 5 held @ 14.00.
What do you think? is it a good bet..d'oh! d'oh! d'oh!


How an I make money out of this rights?
d'oh!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
Back to top
  |
chaimani
#8 Posted : Monday, March 12, 2012 6:28:26 PM
Rank: New-farer

Joined: 2/26/2012
Posts: 25
Location: moscow na muranga
Impunity wrote:
chaimani wrote:
16 new share for every 5 held @ 14.00.
What do you think? is it a good bet..d'oh! d'oh! d'oh!


How an I make money out of this rights?
d'oh!

With the current market we might see the Market price falling below 14 in few weeks time,am foreseeing the under subscription of this issue...wait in june the price might be 6 bob or below due to dilution
Sad Sad Sad
chasing after the wind
Back to top
  |
Aguytrying
#9 Posted : Monday, March 12, 2012 6:52:54 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
DILUTION EXPECTED:

Around 1.48 billion new shares will be created. Add the current 496m shares, lets call it 0.5m shares. Total 1.98 billion shares.

Profit after tax last year 2011 was 3.54 billion shillings. Expected to drop by more than 25 percent. 70 percent of 3.54 billion shillings is 2.478 billion shillings. Diluted eps will be 2.478/1.98=1.25.

Current market average pe is 7.5. 7.5*1.25=9.40. At a pe of 7.5 kq will be trading at 9.40 shillings post rights. Enjoy.
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  | | Edit by user: Tuesday, March 13, 2012 1:22 PM | Reason: Paragraphing
Aguytrying
#10 Posted : Monday, March 12, 2012 7:01:44 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
chaimani wrote:
Impunity wrote:
chaimani wrote:
16 new share for every 5 held @ 14.00.
What do you think? is it a good bet..d'oh! d'oh! d'oh!


How an I make money out of this rights?
d'oh!

With the current market we might see the Market price falling below 14 in few weeks time,am foreseeing the under subscription of this issue...wait in june the price might be 6 bob or below due to dilution
Sad Sad Sad

this is how: the share will fall drastically to approach the rights issue price. It shouldn't go below ideally. There will be a panic as to whether it will be fully subscribed, at height of this the share will be lowest, this is the time to buy the shares from the market. During the run up to announcement of subscription, the share will rally-if its good news, this is the time to sell. Buying the rights will lock you in and by the time you can sell them they will be way below 14.00.
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
75 Pages123>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.