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KCB secondary rights at .05
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Surealligator
#1 Posted : Thursday, July 08, 2010 2:17:24 PM
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Joined: 6/27/2008
Posts: 709
Location: Velayat-e Faryab
By monday, trust me the rights will be trading at 05 cents. What with the government offloading 209,440,000 such rights. I offloaded my 8 rights yesterday. Bought some today at .5 and tomorrow will buy more at 25 and if they hit .05 on Monday, I buy 10,000 of them. Chances are the rights will not get finished. So I will ask for extra more of about 10,000 shares. Woe onto me if the rights uptake is lower than projected and the deal is called off.

I still insist what the vendors should be asking for is a bank quarantee that you will pay for the request rights. If process is successful, the guarantee is realized. If it fail, the gurantee becomes invalid and I can access my cash that evening.

Mukiha, Vituz, etc, wat u tink?
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
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VituVingiSana
#2 Posted : Thursday, July 08, 2010 2:31:00 PM
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Joined: 1/3/2007
Posts: 18,134
Location: Nairobi
@sure - Interesting... what if the Rights Issue has to be canceled coz less than 50% subscription?

I doubt it will happen coz many shareholders will go for the Rights (not the cheapest but not the worst deal either)... PLUS there is the HUGE pension fund run by KCB for its employees... and the GoK can always take up the Rights to support KCB then sell the shares later on...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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the deal
#3 Posted : Friday, July 09, 2010 12:01:17 PM
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Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
wolololo thank God the markets are not open over the weekends KCB will be a BIGOFF...it has breached the 18 bob resistance mark fast...its own its way dowwwwn to 17 bob...
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Surealligator
#4 Posted : Friday, July 09, 2010 12:30:07 PM
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Posts: 709
Location: Velayat-e Faryab
At 17.75

What will happen if it hits 17 shillings?
What is the minimum rights that has to be taken for the rights issue to be concluded or aborted.
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
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VituVingiSana
#5 Posted : Friday, July 09, 2010 12:33:40 PM
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Surealligator wrote:
At 17.75

What will happen if it hits 17 shillings?
What is the minimum rights that has to be taken for the rights issue to be concluded or aborted.

50% - I think...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Surealligator
#6 Posted : Friday, July 09, 2010 12:40:54 PM
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Location: Velayat-e Faryab
There is blood on the streets. But the blood is yet to be mine. If it becomes mine, the more reason I will have to buy more than 200,000 KCB shares at less than 17 bob. I've already spent 461.45 shillings on 1000 secondary rights at .45. Placed for 5,000 rights at .20. If this happens. Monday am going for....
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
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VituVingiSana
#7 Posted : Friday, July 09, 2010 12:47:43 PM
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Surealligator wrote:
There is blood on the streets. But the blood is yet to be mine. If it becomes mine, the more reason I will have to buy more than 200,000 KCB shares at less than 17 bob. I've already spent 461.45 shillings on 1000 secondary rights at .45. Placed for 5,000 rights at .20. If this happens. Monday am going for....

Wow... you are a player... 3.4mn for KCB?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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2012
#8 Posted : Friday, July 09, 2010 1:01:39 PM
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Location: Nairobi
But why not wait for the rights issue to conclude and buy when the trading starts @15/-?

BBI will solve it :)
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Surealligator
#9 Posted : Friday, July 09, 2010 1:05:43 PM
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Location: Velayat-e Faryab
I've already started mopping KCB secondary rights odd lots at 0.05. Contact your broker for possible orders.

@Vituz

If the deal goes through, and KCB touches 20 bob before the end of the yr, you and McReggae will get half a goat each, roasted at a joint of your choice.

What is worrying me is that ppl have started running from No vote strongholds. If it comes to a head, we are in trouble at the bourse.
http://www.nation.co.ke/...8/-/i80pbp/-/index.html
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
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VituVingiSana
#10 Posted : Friday, July 09, 2010 1:15:34 PM
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Surealligator wrote:


@Vituz

If the deal goes through, and KCB touches 20 bob before the end of the yr, you and McReggae will get half a goat each, roasted at a joint of your choice.



I will cash in!

Re: Potential violence in RV is scary especially in No areas...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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guru267
#11 Posted : Friday, July 09, 2010 4:26:01 PM
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VituVingiSana wrote:
Re: Potential violence in RV is scary especially in No areas...


@VVS if those retards want to kill each other over this then they should go on.... Kenya will go on without them...

About the KCB rights issue i think GOK just unloaded their rights today because 126 million rights have traded so far.....

I think the retard who priced KCB rights has been thrown out because the share price is falling to the level of the rights hence no discount provided and hence affecting the take up of the rights
Mark 12:29
Deuteronomy 4:16
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Surealligator
#12 Posted : Friday, July 09, 2010 4:55:51 PM
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Joined: 6/27/2008
Posts: 709
Location: Velayat-e Faryab
@guru267

Can we agree to suspend the use of the word 'retard' cauze it almost cost my seat in the Wazua Parliament. Wendz was not impressed an inch.

Let us call the KCB advisers quake advisers.
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
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Evolve
#13 Posted : Friday, July 09, 2010 5:08:37 PM
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Joined: 9/25/2007
Posts: 96
@Sure.. I am bet you meant quack!!!!
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winston
#14 Posted : Friday, July 09, 2010 5:13:37 PM
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Joined: 4/14/2010
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Location: Nairobi
Looked at it differently the advisors (like the Nation reporters on KK mattter) can be called 'opportunity creators' for guys waiting for the share at 15/=. Long live the advisors!
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kyt
#15 Posted : Friday, July 09, 2010 7:58:33 PM
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Joined: 11/7/2007
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kcb is sooo going down and fast.
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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VituVingiSana
#16 Posted : Friday, July 09, 2010 8:22:29 PM
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@Winston: LOLest....

At first I was pissed at Daily Nation's 'quacks' for unfairly dissing KK but then I sold off some other shares & piled into KK... The fruits will pay off soon...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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VituVingiSana
#17 Posted : Friday, July 09, 2010 9:16:13 PM
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Joined: 1/3/2007
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Location: Nairobi
Back to KCB... I am telling you KCB is or will soon be in play! Let the Referendoom be over and done with and/or after 2012...

http://af.reuters.com/ar...s/idAFJOE66704S20100708

HSBC may bid for S.Africa's Nedbank: Sky News
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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qw25041985
#18 Posted : Friday, July 09, 2010 9:53:25 PM
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Joined: 5/9/2010
Posts: 1,418
Location: Nai
@Horton. Can you please forward me the recent email you got about KenolKobil. My email address is ericnyamu@yahoo.com


thanx allot.
Your future depends on your dreams so go to sleep !
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