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Ndegwa family to raise NIC stake from 25% to 35% after under subscription
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mwekez@ji
#31 Posted : Wednesday, September 19, 2012 9:14:45 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Mates, window for calling your brokers for the rights closed on Friday, September 14th. We now await Thursday, October 11th for Announcement of Offer Results

#Hunt for the shares in secondary market. But ofcourse secondary market doesnt have the discount the rights issue applicants are dancing to :d/
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guru267
#32 Posted : Wednesday, September 19, 2012 1:35:47 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
2012 wrote:
This issue will be over subscribed so I doubt this Ndegwa issue will arise.


There can be an oversubscription without without all rights being taken up!

This arrives as a result of some shareholders neither selling or taking up the rights...

For example DTB rights issue was 86% oversubscirbed but 25% of the rights were not taken up... This resulted in the guys who applied for addtional shares getting the remaining 25% on a pro rata basis
Mark 12:29
Deuteronomy 4:16
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Gadaffi
#33 Posted : Wednesday, September 19, 2012 6:22:10 PM
Rank: Member

Joined: 2/13/2011
Posts: 284
Location: Nairobi
The Ndegwa's stating or and taking up their rights will result to less shares being traded and hence supply levels will be low. if we assume that demand remains constant, then the share price will definately hike as a result of the short supply. if u combine this with the company and market fundamentals which will increase the demand for the company, then this share is a gud bet.
However, this anomaly will only hold for the period before the Ndegwa's offload the extra 10%.
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gesowan
#34 Posted : Wednesday, September 19, 2012 7:19:46 PM
Rank: Member

Joined: 11/6/2010
Posts: 289
Gadaffi wrote:
The Ndegwa's stating or and taking up their rights will result to less shares being traded and hence supply levels will be low. if we assume that demand remains constant, then the share price will definately hike as a result of the short supply. if u combine this with the company and market fundamentals which will increase the demand for the company, then this share is a gud bet.
However, this anomaly will only hold for the period before the Ndegwa's offload the extra 10%.


yes and make a kill to pay for the next rights issue
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guru267
#35 Posted : Wednesday, September 19, 2012 8:20:44 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
gesowan wrote:
Gadaffi wrote:
The Ndegwa's stating or and taking up their rights will result to less shares being traded and hence supply levels will be low. if we assume that demand remains constant, then the share price will definately hike as a result of the short supply. if u combine this with the company and market fundamentals which will increase the demand for the company, then this share is a gud bet.
However, this anomaly will only hold for the period before the Ndegwa's offload the extra 10%.


yes and make a kill to pay for the next rights issue


Capitalism!!Applause
Mark 12:29
Deuteronomy 4:16
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VituVingiSana
#36 Posted : Wednesday, September 19, 2012 8:47:25 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Gadaffi wrote:
The Ndegwa's stating or and taking up their rights will result to less shares being traded and hence supply levels will be low. if we assume that demand remains constant, then the share price will definately hike as a result of the short supply. if u combine this with the company and market fundamentals which will increase the demand for the company, then this share is a gud bet.
However, this anomaly will only hold for the period before the Ndegwa's offload the extra 10%.
Ndegwas will start selling immediately. Locks in their profits. Makes sure the 10% is old within 1 year. Plans the next Rights Issue.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Aguytrying
#37 Posted : Wednesday, September 19, 2012 8:50:25 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Whats the dilution post rights and bonus? I fear it is great
The investor's chief problem - and even his worst enemy - is likely to be himself
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King G
#38 Posted : Wednesday, September 19, 2012 8:53:05 PM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
VituVingiSana wrote:
Gadaffi wrote:
The Ndegwa's stating or and taking up their rights will result to less shares being traded and hence supply levels will be low. if we assume that demand remains constant, then the share price will definately hike as a result of the short supply. if u combine this with the company and market fundamentals which will increase the demand for the company, then this share is a gud bet.
However, this anomaly will only hold for the period before the Ndegwa's offload the extra 10%.
Ndegwas will start selling immediately. Locks in their profits. Makes sure the 10% is old within 1 year. Plans the next Rights Issue.


Those who are supporting what the Ndegwa's are doing, i have no wonders for you, it is pure and straingt conmanship. Why cant they wait for the apllications and allotment process and get the outcome and if need be call for a special AGM to amended the process for more allocations the way CIC did after their last rights. smile smile smile
Thieves
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King G
#39 Posted : Wednesday, September 19, 2012 8:55:07 PM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
Aguytrying wrote:
Whats the dilution post rights and bonus? I fear it is great


10% = 1 share for every 10 held! This share might just come to the levels of NBK, KQ and HFCK levels
Thieves
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Gadaffi
#40 Posted : Wednesday, September 19, 2012 9:41:38 PM
Rank: Member

Joined: 2/13/2011
Posts: 284
Location: Nairobi
King G wrote:
VituVingiSana wrote:
Gadaffi wrote:
The Ndegwa's stating or and taking up their rights will result to less shares being traded and hence supply levels will be low. if we assume that demand remains constant, then the share price will definately hike as a result of the short supply. if u combine this with the company and market fundamentals which will increase the demand for the company, then this share is a gud bet.
However, this anomaly will only hold for the period before the Ndegwa's offload the extra 10%.
Ndegwas will start selling immediately. Locks in their profits. Makes sure the 10% is old within 1 year. Plans the next Rights Issue.


Those who are supporting what the Ndegwa's are doing, i have no wonders for you, it is pure and straingt conmanship. Why cant they wait for the apllications and allotment process and get the outcome and if need be call for a special AGM to amended the process for more allocations the way CIC did after their last rights. smile smile smile

u can call it conmanship bt that is how pple mk money in th stock market n that is why it is th stock market. Look at a situation wea th stock market ws effecient n there were no imperfections in th economy, a share price wld hardly fluctuate, there wld b NO motivation 2 invest in th stock exchange!!!
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