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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Aguytrying wrote:nashx wrote:sparkly wrote:Rights Supply 9.5 million; Demand 0 And tomorrow is the last day to trade...people will have to exercise their rights or forfeit without compensation It's not kengen company that's the problem, it's the rights issue that is too demanding for the shareholder. If you've invested 1 million. They want you to give them 3 million and with 1 month notice . Surely!! Why is it only gava firms that issue killer rights? i dont think the rights story was rushed,it was announced ages ago infact people were wondering why the loooong delay when the market was more vibrant than now "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@Ebenyo. It is likely that your order was not filled. It's a que. The 6.50 thar traded were ahead of u in the queue. It is s only if the share traded at 6.45 and ur order was at 6.50 that would be abnormal. When the order expires your money is returned to your CDS account The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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Aguytrying wrote:@Ebenyo. It is likely that your order was not filled. It's a que. The 6.50 thar traded were ahead of u in the queue. It is s only if the share traded at 6.45 and ur order was at 6.50 that would be abnormal. When the order expires your money is returned to your CDS account thanks aguy today i have placed another order at 6.85 let me see how it goes. Towards the goal of financial freedom
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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Ebenyo wrote:Aguytrying wrote:@Ebenyo. It is likely that your order was not filled. It's a que. The 6.50 thar traded were ahead of u in the queue. It is s only if the share traded at 6.45 and ur order was at 6.50 that would be abnormal. When the order expires your money is returned to your CDS account thanks aguy today i have placed another order at 6.85 let me see how it goes. Now why 6.85? Si you buy rights at 0.05 and the execute at 6.55? Total will be 6.60 Ama hiyo hesabu ni ngumu?
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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chiaroscuro wrote:Ebenyo wrote:Aguytrying wrote:@Ebenyo. It is likely that your order was not filled. It's a que. The 6.50 thar traded were ahead of u in the queue. It is s only if the share traded at 6.45 and ur order was at 6.50 that would be abnormal. When the order expires your money is returned to your CDS account thanks aguy today i have placed another order at 6.85 let me see how it goes. Now why 6.85? Si you buy rights at 0.05 and the execute at 6.55? Total will be 6.60 Ama hiyo hesabu ni ngumu? sikuwa najua hiyo hesabu! Towards the goal of financial freedom
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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Ebenyo wrote:chiaroscuro wrote:Ebenyo wrote:Aguytrying wrote:@Ebenyo. It is likely that your order was not filled. It's a que. The 6.50 thar traded were ahead of u in the queue. It is s only if the share traded at 6.45 and ur order was at 6.50 that would be abnormal. When the order expires your money is returned to your CDS account thanks aguy today i have placed another order at 6.85 let me see how it goes. Now why 6.85? Si you buy rights at 0.05 and the execute at 6.55? Total will be 6.60 Ama hiyo hesabu ni ngumu? sikuwa najua hiyo hesabu! Aih! Daddy: wachana na maneno ya stocks kwa sasa! You have a lot to learn....you will lose a lot of money if you're not careful.
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Ebenyo wrote:Aguytrying wrote:@Ebenyo. It is likely that your order was not filled. It's a que. The 6.50 thar traded were ahead of u in the queue. It is s only if the share traded at 6.45 and ur order was at 6.50 that would be abnormal. When the order expires your money is returned to your CDS account thanks aguy today i have placed another order at 6.85 let me see how it goes. STOP. If you want to buy more KenGen just apply for 'excess' shares and you will get them cheaper at 6.55 than buying at 6.85 + commission from the market. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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Now that rights have settled at 0.05, Nobody should be buying KENGEN for more than Sh6.60 inclusive of commissions!
Honestly, why should you pay more?
Watu hawafanyi hesabu!
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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chiaroscuro wrote:Ebenyo wrote:chiaroscuro wrote:Ebenyo wrote:Aguytrying wrote:@Ebenyo. It is likely that your order was not filled. It's a que. The 6.50 thar traded were ahead of u in the queue. It is s only if the share traded at 6.45 and ur order was at 6.50 that would be abnormal. When the order expires your money is returned to your CDS account thanks aguy today i have placed another order at 6.85 let me see how it goes. Now why 6.85? Si you buy rights at 0.05 and the execute at 6.55? Total will be 6.60 Ama hiyo hesabu ni ngumu? sikuwa najua hiyo hesabu! Aih! Daddy: wachana na maneno ya stocks kwa sasa! You have a lot to learn....you will lose a lot of money if you're not careful. Good advice. Heed it. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Government rules out raising of electricity charges http://www.nation.co.ke/.../-/6lydxcz/-/index.html
This is about KPLC not KenGen but it is a reason why I don't buy shares in GoK firms. I expect similar treatment to be given to KenGen. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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