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Drop in KCB ord. Share price
Mine@
#1 Posted : Monday, July 19, 2010 4:46:10 PM
Rank: New-farer

Joined: 7/1/2010
Posts: 16
Location: Kenya.nai
Do u think due to the rights issue n its 21% discount wil cause some dilution to lower the current price 4 sm tym?
Shillings dnt hv sex bt the multiply n divide dependin on their enviroment.
wanyina
#2 Posted : Monday, July 19, 2010 5:05:30 PM
Rank: Member

Joined: 4/1/2008
Posts: 141
Im timing for price decrease after all the more shares will float at the market.. and look at the price now its going down and yet the government may sell the rest they have..well its just an opinion...
youcan'tstopusnow
#3 Posted : Monday, July 19, 2010 5:48:03 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
deal, are you still optimistic on it hitting 15 bob?
GOD BLESS YOUR LIFE
VituVingiSana
#4 Posted : Monday, July 19, 2010 6:36:17 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
An interesting tidbit.

martin oduor-otieno SOLD all his KCB shares. So this jamaa who makes 7 figures (68mn/year) does NOT want to take the same risk buying KCB shares as us!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
qw25041985
#5 Posted : Monday, July 19, 2010 6:40:50 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
Very very intresting .@vvs. Ur source of information ? And dnt tell us hearsay !!!
Your future depends on your dreams so go to sleep !
VituVingiSana
#6 Posted : Monday, July 19, 2010 6:53:09 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
qw25041985 wrote:
Very very intresting .@vvs. Ur source of information ? And dnt tell us hearsay !!!
Unlike you, I actually do my research. KCB issued an Information Memorandum for the Rights Issue. There is a section where it shows shares owned by Directors. Apparently, MOO SOLD all his shares (only 30k anyway)...

Only director who has real shares/cash in KCB is Sunil Shah.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
youcan'tstopusnow
#7 Posted : Monday, July 19, 2010 7:00:12 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VituVingiSana wrote:
An interesting tidbit.

martin oduor-otieno SOLD all his KCB shares. So this jamaa who makes 7 figures (68mn/year) does NOT want to take the same risk buying KCB shares as us!

Interesting...
GOD BLESS YOUR LIFE
youcan'tstopusnow
#8 Posted : Monday, July 19, 2010 7:05:27 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VituVingiSana wrote:
Apparently, MOO SOLD all his shares (only 30k anyway)...
Only director who has real shares/cash in KCB is Sunil Shah.

VVS, wouldn't it be hilarious if on deeper analysis, you find out that he used the money from the sale of KCB shares to get into Equity or even Stanchart in anticipation of the rights?
GOD BLESS YOUR LIFE
obiero
#9 Posted : Monday, July 19, 2010 7:26:30 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
Question is: did he think of the perception it would have by being published in the IM?

KQ ABP 4.26
the deal
#10 Posted : Monday, July 19, 2010 7:59:36 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
youcan'tstopusnow wrote:
deal, are you still optimistic on it hitting 15 bob?


i believe despite all the hype surrounding this rights issue...we will see KCB trade at 15 bob come September...remember the dilution will push the PE to 12.5...with that mere 17% half year PAT,KCB will become a forgotten story once James Mwangi's EQUITY reports a 50-60% PAT...
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