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Carbacid falls 30%
VituVingiSana
#1 Posted : Friday, November 13, 2009 6:51:00 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,110
Location: Nairobi
Why is Carbacid trading 100/- lower (30%) today on the live feed?
Is it ex-bonus?
Or ex-dividend?


Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Pretty
#2 Posted : Friday, November 13, 2009 7:03:00 AM
Rank: Member


Joined: 5/8/2009
Posts: 263
Location: Gigiri, Nairobi
@Vitu

v Just seen this

v Yes,books close from 12 to 19 November 2009

v So If one can sell today,you will be doing extremely well.


>>>>>>It saves you hell if you treat new acquaintances as enemies consistently until each proves otherwise or confirms - Jsanchiazh.
>>>>>>>In life,there are three classes of people,those who make things happen,those who watch things happen and those who ask what happened. Where do you fall?
>>>>>>
A thing of beauty is a joy for ever:
Its loveliness increases;
It will never pass into nothingness;
But still will keep a bower quiet for us,
and a sleep full of sweet dreams,
and health, and quiet breathing. - Keats

>>>>>>>In life,there are three classes of people,
1. Those who make things happen,
2. Those who watch things happen
3. And those who ask what happened.

Where do you fall?
cnn
#3 Posted : Friday, November 13, 2009 7:10:00 AM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
Anybody buying at anything above 80 will have a very expensive share on their hands.

see it through my lens?
stonemimi
#4 Posted : Friday, November 13, 2009 8:01:00 AM
Rank: Member


Joined: 5/16/2009
Posts: 145
One guy just bought the share at ksh855 believing he was buying at sh95 as the share was trading ex rights. You can loose all your money in this market through a mistake of one silly agent.
VituVingiSana
#5 Posted : Friday, November 13, 2009 8:06:00 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,110
Location: Nairobi
@stonemimi - I do not understand your math 855/- & 95/-??? Pls explain

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
stonemimi
#6 Posted : Friday, November 13, 2009 8:52:00 AM
Rank: Member


Joined: 5/16/2009
Posts: 145
@vitu

285*3=855

285/3=95
cnn
#7 Posted : Friday, November 13, 2009 9:15:00 AM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
@stonemimi
the highest the counter has traded today is at 285!

see it through my lens?
mlefu
#8 Posted : Friday, November 13, 2009 9:21:00 AM
Rank: Elder


Joined: 2/11/2007
Posts: 1,680
Location: nairobi
@ stoneinme..................ati kshs855..how did that happen....

i love your smile....

Ever had a bath so hot,that as you lower urself in 'Oo! Oo! Oo! Aa! Aa! Aa..ahhh…ohhh yeahh eehhh yeahh!'.
VituVingiSana
#9 Posted : Friday, November 13, 2009 9:42:00 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,110
Location: Nairobi
What @stonemimi is saying: The jamaa who paid 285 paid 285x3=885 when considered cum-bonus. Poor jamaa thought he was getting them at 285 cum-bonus (95 ex-bonus)...
*** The problem is that if the price gets 'fixed' at 200/- then it will be back to no trades on the counter!

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
cnn
#10 Posted : Friday, November 13, 2009 10:02:00 AM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
something i have never understood,like carbacid books close between 12th to 19 th November.Will somebody buying on the 19th still be entitled to the bonus and dividend?

see it through my lens?
VituVingiSana
#11 Posted : Friday, November 13, 2009 10:29:00 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,110
Location: Nairobi
Well... if they are ex-bonus on the 12th... then logic says they are ex-bonus on the 19th...

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
jerry
#12 Posted : Friday, November 13, 2009 10:34:00 AM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
@Vvs. The shares r selling cum bonus at least for today*. @cnn. There is no reason for the share to sell at 30% less than yesterday's price since it is still selling cum bonus** and cum dividend until and including 19th. After 19th we can expect the price to plummet to 100/= or so. What do others say? *,** Not sure whether the closing of books for bonus is for today only or from today upto 19th.

Crocodile tears: If you can't assist me when I'm alive en you attend my funeral.
The opposite of courage is not cowardice, it's conformity.
cnn
#13 Posted : Friday, November 13, 2009 10:44:00 AM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
@v v s
if books closure was the 12th,a single day,the share would be ex bonus /ex dividend today.If then the closure is 12-19th,what is the status of trades in between these days?

see it through my lens?
jerry
#14 Posted : Friday, November 13, 2009 12:12:00 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
@Cnn-if the books are closing today it means the selling status remains as yesterday until 3p.m. It only becomes ex- on monday ie after books closure day and not on tha day of closing.

Crocodile tears: If you can't assist me when I'm alive en you attend my funeral.
The opposite of courage is not cowardice, it's conformity.
cnn
#15 Posted : Friday, November 13, 2009 12:24:00 PM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
@jerry
The 12th was yesterday.

see it through my lens?
jerry
#16 Posted : Friday, November 13, 2009 7:26:00 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
@cnn. 13th not 12th. Thanx. Traded xa today according to NSE report! I think the 12-19 closing of books is misleading.

Crocodile tears: If you can't assist me when I'm alive en you attend my funeral.
The opposite of courage is not cowardice, it's conformity.
Pretty
#17 Posted : Wednesday, November 25, 2009 7:16:00 AM
Rank: Member


Joined: 5/8/2009
Posts: 263
Location: Gigiri, Nairobi
@ Jerry

v Yes,it was very misleading

@McJamaica

v I hope Mbuzi offer from McReggae is still on

v Ope it won’t be forgotten cauze SK is metamorphosizing


>>>>>>It saves you hell if you treat new acquaintances as enemies consistently until each proves otherwise or confirms - Jsanchiazh.
>>>>>>>In life,there are three classes of people,those who make things happen,those who watch things happen and those who ask what happened. Where do you fall?
>>>>>>
A thing of beauty is a joy for ever:
Its loveliness increases;
It will never pass into nothingness;
But still will keep a bower quiet for us,
and a sleep full of sweet dreams,
and health, and quiet breathing. - Keats

>>>>>>>In life,there are three classes of people,
1. Those who make things happen,
2. Those who watch things happen
3. And those who ask what happened.

Where do you fall?
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