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DTB Rights Issue
VituVingiSana
#21 Posted : Thursday, August 09, 2012 12:04:31 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
BBK's customer profile is very different from Equity's or DTBK.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mwekez@ji
#22 Posted : Thursday, August 09, 2012 7:04:49 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Come to think of it, do DTBK clients need the agency banking model? This model has only been tried by Equity, KCB, Coop, Family and Post Bank. These 5 seem to be faring well
mwekez@ji
#23 Posted : Thursday, August 09, 2012 7:05:54 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Rights issue closes tomorrow
youcan'tstopusnow
#24 Posted : Thursday, August 09, 2012 1:39:46 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
mwekez@ji wrote:
Come to think of it, do DTBK clients need the agency banking model? This model has only been tried by Equity, KCB, Coop, Family and Post Bank. These 5 seem to be faring well

Seems agency banking only works with for low and middle end customers then...
GOD BLESS YOUR LIFE
mwekez@ji
#25 Posted : Friday, August 31, 2012 11:14:58 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
DTB rights over subscriped by 86.2%, allocation of additional rights on a pro-rata basis at the rate of 22.74%.

http://t.co/HYqhdJCl
maskana
#26 Posted : Friday, August 31, 2012 8:16:46 PM
Rank: New-farer

Joined: 1/8/2011
Posts: 48
Location: muranga
As DTB share holder who didn't take rights but my cdsc account indicate
rights direct deposit...What does this means?
mlennyma
#27 Posted : Friday, August 31, 2012 8:44:08 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
@maskana those reflecting if you didnt take are part of the un taken rights to be re-called and re-allocated to those who requested for additional shares.
"Don't let the fear of losing be greater than the excitement of winning."
guru267
#28 Posted : Friday, August 31, 2012 8:47:16 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
mwekez@ji wrote:
DTB rights over subscriped by 86.2%, allocation of additional rights on a pro-rata basis at the rate of 22.74%.

http://t.co/HYqhdJCl


So it looks like one can make a serious killing on lapsed rights!
Mark 12:29
Deuteronomy 4:16
maskana
#29 Posted : Friday, August 31, 2012 11:08:08 PM
Rank: New-farer

Joined: 1/8/2011
Posts: 48
Location: muranga
mlennyma wrote:
@maskana those reflecting if you didnt take are part of the un taken rights to be re-called and re-allocated to those who requested for additional shares.


thanks
i will be placing a call to my broker on Monday.
May be its not too late..











mwekez@ji
#30 Posted : Saturday, September 01, 2012 11:12:02 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
@guru267, #post 28, True that. There is doe to made from the likes of @maskana

@maskana, truth be told, its now too late. Both the windows for selling or exercising your rights are closed. Fyi, the rights were very scarce and were trading at good premium (closed at KES 26). That gain is now taken by those who applied for additional rights. Too bad for you and your likes.
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