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DTB Rights Issue
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mwekez@ji
#1 Posted : Friday, June 22, 2012 10:10:54 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Price; KES 74.00
Book closure; 2nd July
rights issue will open on 17th July and close on 10th August

http://www.rich.co.ke/media/doc...amond%20Trust%20Bank.pdf
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mwekez@ji
#2 Posted : Friday, June 22, 2012 4:37:41 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
plans to use funds raised by the issue to expand its branch network in east Africa to 90, from 78, it said. Raising KES 1.8 B only

http://af.reuters.com/article/k...ws/idAFL5E8HM6L820120622
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youcan'tstopusnow
#3 Posted : Tuesday, July 03, 2012 3:52:08 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
So the huge turnover jana was as a result of it being the book closure date of the R.I
GOD BLESS YOUR LIFE
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charming soul
#4 Posted : Tuesday, July 03, 2012 9:58:09 PM
Rank: Member

Joined: 12/2/2006
Posts: 42
is it likely for the price to drop to around the rights price of 74????
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guru267
#5 Posted : Wednesday, July 04, 2012 12:26:04 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
charming soul wrote:
is it likely for the price to drop to around the rights price of 74????


Never!! Nope!! Nurra!!

These rights issues are usually thoroughly oversubscribed and this one is likely to be as well..

That means the share stays close to this price range..

If it does fall to 74bob dive in head first...
Mark 12:29
Deuteronomy 4:16
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mwekez@ji
#6 Posted : Wednesday, July 04, 2012 10:54:11 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
its now 8.6% down

@guru et al, How far south do you see it going?
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mwekez@ji
#7 Posted : Wednesday, July 04, 2012 11:00:23 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
11 shareholders own 55.16% of DTB. Another 114 own 13.46%. The free float here must be kidogo sana
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  | | Edit by user: Wednesday, July 04, 2012 11:05 AM | Reason: Not specified
VituVingiSana
#8 Posted : Wednesday, July 04, 2012 11:04:02 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
DTB is not KQ
Devji is not Naikuni
AKFED is not GoK

DTB makes money for its shareholders.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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guru267
#9 Posted : Wednesday, July 04, 2012 4:09:46 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
mwekez@ji wrote:
its now 8.6% down

@guru et al, How far south do you see it going?


This is as far as it goes!!

The above 10% rule was suspended on DTB today and yet it managed to fall less than that..
Mark 12:29
Deuteronomy 4:16
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mwekez@ji
#10 Posted : Monday, July 16, 2012 5:16:58 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
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