Wazua
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Kengen success
Rank: Elder Joined: 7/21/2010 Posts: 6,183 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: 1,997 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: 1,997 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: 18,104 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: 18,104 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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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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P/E = 1.25 P/B = 0.16 It's hard to say no to the rights at 6.55; really hard! But, of course not for immediate returns...
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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lochaz-index wrote: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. @chiaroscuro and lochaz thanks for your advice.Life is a learning process.Im learning slowly and will pass the experience to my next of kin who is my daughter.Im buying longterm not speculation.When i will be old enough or die my daughter will inherit the shares.Its good im learning from you thanks! Towards the goal of financial freedom
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Rank: Veteran Joined: 11/13/2015 Posts: 1,590
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chiaroscuro wrote:P/E = 1.25 P/B = 0.16 It's hard to say no to the rights at 6.55; really hard! But, of course not for immediate returns... Why buy kengen with a post rights dividend yield of 3.6% while the market has stocks with dividend yields of 10%
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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wukan wrote:chiaroscuro wrote:P/E = 1.25 P/B = 0.16 It's hard to say no to the rights at 6.55; really hard! But, of course not for immediate returns... Why buy kengen with a post rights dividend yield of 3.6% while the market has stocks with dividend yields of 10% @wukan,can you name them pliz! Towards the goal of financial freedom
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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Lights off as far as Trading of rights is concerned. 38.17M shares on offer at close of trading who now will be forced to pay 6.55 (KES.250M) for those rights or just walk away with nothing in their pockets as they couldnt even get a buyer willing to pay 5cents  @SufficientlyP
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Rank: Chief Joined: 1/3/2007 Posts: 18,104 Location: Nairobi
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In Chile, Solar Power Outgrows the Grid, So They’re Giving it Away http://fortune.com/2016/...-theyre-giving-it-away/
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Ebenyo wrote:lochaz-index wrote: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. @chiaroscuro and lochaz thanks for your advice.Life is a learning process.Im learning slowly and will pass the experience to my next of kin who is my daughter.Im buying longterm not speculation.When i will be old enough or die my daughter will inherit the shares.Its good im learning from you thanks! If u want kengen shares that bad. Just wait between now and December you can't get them at maybe even 4.00 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: 1,997 Location: Kitale
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Aguytrying wrote:Ebenyo wrote:lochaz-index wrote: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. @chiaroscuro and lochaz thanks for your advice.Life is a learning process.Im learning slowly and will pass the experience to my next of kin who is my daughter.Im buying longterm not speculation.When i will be old enough or die my daughter will inherit the shares.Its good im learning from you thanks! If u want kengen shares that bad. Just wait between now and December you can't get them at maybe even 4.00 i really wanted to diversfy my portfolio as 80% of it was in banking.I want to spread in other counters.So im in kengen now and i have exited barclays.if the price will be like that,i will add more. im looking for a few more stocks in different counters.any ideas pliz? i have been thinking about kenyaRe but the price is high.i will like it at 17.00.Also thinking about Total.the current price is right but i dont know why nobody is interested.everybody is in kenol kobil which i dont like for low dividend yield. Towards the goal of financial freedom
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Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
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Aguytrying wrote:Ebenyo wrote:lochaz-index wrote: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. @chiaroscuro and lochaz thanks for your advice.Life is a learning process.Im learning slowly and will pass the experience to my next of kin who is my daughter.Im buying longterm not speculation.When i will be old enough or die my daughter will inherit the shares.Its good im learning from you thanks! If u want kengen shares that bad. Just wait between now and December you can't get them at maybe even 4.00 Between 2 and 3 bob is also possible KEGN, KPLC, KQ, SCOM
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Rank: Elder Joined: 12/4/2009 Posts: 10,696 Location: NAIROBI
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@Ebenyo Avoid any counter or company with preference shares Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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