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DTB Rights Issue
Rank: Chief Joined: 1/3/2007 Posts: 18,129 Location: Nairobi
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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
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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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
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Rights issue closes tomorrow
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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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
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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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
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Rank: New-farer Joined: 1/8/2011 Posts: 48 Location: muranga
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As DTB share holder who didn't take rights but my cdsc account indicate
rights direct deposit...What does this means?
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Rank: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi
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@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."
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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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
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Rank: New-farer Joined: 1/8/2011 Posts: 48 Location: muranga
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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..
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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@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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Rank: New-farer Joined: 1/8/2011 Posts: 48 Location: muranga
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mwekez@ji wrote:@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. surely is too bad and there's no way i can justify why,as i had other options like selling mumia and taking up my rights. may be its time to let someone manage.
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Rank: Member Joined: 9/12/2009 Posts: 312
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@ Mwekezaji,/ @ all Please advice, when do these rights start trading? How is the market price which they hit the market with determined ?
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Wondergirl, they already began trading: http://www.businessdaily.../-/10cfe7d/-/index.html
GOD BLESS YOUR LIFE
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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@Wondergirl, the rights already began trading as pointed above by @ycsun
You may also read a banking sector valuation update reliesed by sib yesterday. DTB is well rated, Fair Value: KES 135.98 (c35% upside from current price)
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Wondergirl wrote: @ Mwekezaji,/ @ all Please advice, when do these rights start trading? How is the market price which they hit the market with determined ? They trade at the same price as the other shares. They are now part of the issued share capital. And will trade and treated as all other DTB shares The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 9/12/2009 Posts: 312
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mwekez@ji wrote:@Wondergirl, the rights already began trading as pointed above by @ycsun
You may also read a banking sector valuation update reliesed by sib yesterday. DTB is well rated, Fair Value: KES 135.98 (c35% upside from current price) Thanks it will really be my pleasure to read it. And the market seems to agree- there was actually no dilution!!!
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Rank: Member Joined: 9/12/2009 Posts: 312
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Aguytrying wrote:Wondergirl wrote: @ Mwekezaji,/ @ all Please advice, when do these rights start trading? How is the market price which they hit the market with determined ? They trade at the same price as the other shares. They are now part of the issued share capital. And will trade and treated as all other DTB shares I like it. Thanks. This is one company I intend to hold on to.
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Rank: Member Joined: 9/12/2009 Posts: 312
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mwekez@ji wrote:@Wondergirl, the rights already began trading as pointed above by @ycsun
You may also read a banking sector valuation update reliesed by sib yesterday. DTB is well rated, Fair Value: KES 135.98 (c35% upside from current price)  On other news looks like I'm the only Wazuan who is in luv with this DTB ( I wish i could come up with a catch phrase like Cd's KCB roar!)
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Rank: Chief Joined: 1/3/2007 Posts: 18,129 Location: Nairobi
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This is HUGE for DTBK (& KCB) - Almost every Nakumatt customer has a smartcard & will now 'convert' to a DTBK/KCB Mastercard customer http://newsroom.masterca...repaid-cards-to-kenyans/Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 2/20/2007 Posts: 767
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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 Please educate a novice. Does this mean that the total number of shares issued (shares outstanding) will go up past the projected 220,100,096 in the rights IM. If so, what will be the final outstanding shares? They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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