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Welcoming Deacons Kenya to NSE
Rank: Elder Joined: 9/15/2006 Posts: 3,905
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So what's this I espied in Sat Nation, good news I'd say, definitely positioning Deacons Kenya for NSE entry. A must attend AGM scheduled for 28-Jun-2012 at 10am.
1.Dividends
1.25/= per share payable to anyone holding shares as at 31-May. Payment date 31-Jul-2012
2.Share Capital
Arrgh, doubled from 32.5m to 61.8m shares
3.Bonus
Yipee! 1:1 one new share for every one held
4.Share Split
Now we are talking! 2:1 every one share subdivided into two
5.Listing
All shares to be listed by introduction to the NSE. [date not indicated]
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Listing price? GOD BLESS YOUR LIFE
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Rank: Member Joined: 4/14/2011 Posts: 639
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youcan'tstopusnow wrote:Listing price? or the current going price if in the know
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Rank: Elder Joined: 9/15/2006 Posts: 3,905
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@youcan'tstopusnow @Hunderwear, following Nov'10 offer at 62.50, I understand not too many OTC trades despite registrar being at CDSC. So not much devaluation due to illiquidity (I hear OTC price 58-60).
Announcement in the papers did not indicate listing price, presuming all the run-around needs to be done for approval by 28-Jun AGM.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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What is the listing motive? Cashing out or funds expansions? If the former avoid the listing. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 11/21/2006 Posts: 1,590
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Lots of the General's cronies/and the old boy himself exiting their formerly cherished commerce via the NSE. Pause for thought. Sehemu ndio nyumba
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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hisah wrote:What is the listing motive? Cashing out or funds expansions? If the former avoid the listing. The TZ biz didn't go as well as planned... GOD BLESS YOUR LIFE
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Welcoming Deacons Kenya to NSE
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