wazua Fri, Feb 7, 2025
Welcome Guest Search | Active Topics | Log In | Register

2 Pages12>
TPS Serena Rights & Bonus
Options
Previous Topic · Next Topic
JabaBoeku
#1 Posted : Saturday, July 24, 2010 10:54:22 AM
Rank: Member


Joined: 4/28/2008
Posts: 53
NSE finally approves the Rights Issue of 1:5 (1 share for every 5 held). TPS sets price at 48 per share.

There was also a Bonus of 1:6 (1 share for every 6 held.

Questions:
Will the Rights be computed pre-bonus or post-bonus?
Anyone with more details on the Rights dates /calender?
Back to top
 Report Abusive | Report SPAM
sparkly
#2 Posted : Saturday, July 24, 2010 2:33:24 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Must be post bonus. Bonus shares already posted in CDS a/c
Life is short. Live passionately.
Back to top
 Report Abusive | Report SPAM
BGL
#3 Posted : Thursday, August 12, 2010 6:58:54 PM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
Here is the information memorandum for TPSEA shareholders who haven't received their hard copies via snail-mail(posta).
http://www.serenahotels....htsIssueIM-opt2e428c.pdf
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
Back to top
 Report Abusive | Report SPAM
emlyn ngwiri
#4 Posted : Friday, August 13, 2010 10:26:04 AM
Rank: Member


Joined: 8/12/2010
Posts: 129
Location: nairobi
Thanks Man
Back to top
WWW
 Report Abusive | Report SPAM
youcan'tstopusnow
#5 Posted : Thursday, August 26, 2010 11:55:13 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
First half PAT up 102 percent www.businessdailyafrica....84/-/orp1py/-/index.html
GOD BLESS YOUR LIFE
Back to top
WWW
 Report Abusive | Report SPAM
VituVingiSana
#6 Posted : Friday, August 27, 2010 12:55:12 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,137
Location: Nairobi
A splendid performance from Kenya's premier tourism group... Soon to be Regional & then tackle the rest of Africa...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
Gordon Gekko
#7 Posted : Friday, August 27, 2010 11:52:40 AM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
paid for my rights shares yesterday. Didn't even try for additional shares as I'm sure everyone will take theirs - AK indicated they would take all their rights......
Back to top
 Report Abusive | Report SPAM
sparkly
#8 Posted : Friday, August 27, 2010 1:38:18 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Paid mine on 17th, also didnt bother apply for extra. 59% was taken up on 12th.
Gordon Gekko wrote:
paid for my rights shares yesterday. Didn't even try for additional shares as I'm sure everyone will take theirs - AK indicated they would take all their rights......

Life is short. Live passionately.
Back to top
 Report Abusive | Report SPAM
BGL
#9 Posted : Saturday, August 28, 2010 1:29:54 AM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
I also paid for my allocation. I am looking forward to KPLC rights which i am convinced will be explained when they announce end year results next month. Considering the restructuring of the balance sheet and the rights issue which will see the govt shareholding reduced to 51% we may have a case similar to KCB, whereby investors get 100% allocation of their additional rights that they may have applied for.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
Back to top
 Report Abusive | Report SPAM
guru267
#10 Posted : Saturday, August 28, 2010 3:32:43 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
BGL wrote:
Considering the restructuring of the balance sheet and the rights issue which will see the govt shareholding reduced to 51% we may have a case similar to KCB,

@BGL please convey right information. After the share conversion GOK's stake will increase from 40% to 75% in KPLC... After that GOK will renounce its rights reducing its ownership from 75% to 51%....

But take notice that it still is aiming to increase its stake from 40% to 51%.. Currently KPLC is the only company that G.OK is increasing its stake
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
youcan'tstopusnow
#11 Posted : Saturday, August 28, 2010 3:38:29 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Which is BAD for shareholders since some MPs believe the government has a ''duty'' to ensure KPLC charge ''low'' electricity prices
GOD BLESS YOUR LIFE
Back to top
WWW
 Report Abusive | Report SPAM
guru267
#12 Posted : Saturday, August 28, 2010 3:45:44 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
youcan'tstopusnow wrote:
Which is BAD for shareholders since some MPs believe the government has a ''duty'' to ensure KPLC charge ''low'' electricity prices

And KPLC management maintains that it MUST make a PBT of at least 12% of its asset base which currently stands at 75billion... They haven't yet attained this so They will price electricity partly on this basis.
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
Horton
#13 Posted : Saturday, August 28, 2010 3:52:52 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
The difficulty of owning a utility, especially if the govt has a stake!! Too much pressure...
Back to top
 Report Abusive | Report SPAM | Edit by user: Saturday, August 28, 2010 3:54 PM | Reason: Dang spellchecker!
guru267
#14 Posted : Saturday, August 28, 2010 4:14:03 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Horton wrote:
The difficulty of owning a utility, especially if the govt has a stake!! Too much pressure...

@horton prudent pricing enables KPLC to make PBT that is 12% of their asset base without any pressure from MPs
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#15 Posted : Saturday, August 28, 2010 5:21:30 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,137
Location: Nairobi
guru267 wrote:
youcan'tstopusnow wrote:
Which is BAD for shareholders since some MPs believe the government has a ''duty'' to ensure KPLC charge ''low'' electricity prices

And KPLC management maintains that it MUST make a PBT of at least 12% of its asset base which currently stands at 75billion... They haven't yet attained this so They will price electricity partly on this basis.
Where did you get the 12% number from? Please send me the source if available...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
guru267
#16 Posted : Saturday, August 28, 2010 7:04:01 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
VituVingiSana wrote:
guru267 wrote:
youcan'tstopusnow wrote:
Which is BAD for shareholders since some MPs believe the government has a ''duty'' to ensure KPLC charge ''low'' electricity prices

And KPLC management maintains that it MUST make a PBT of at least 12% of its asset base which currently stands at 75billion... They haven't yet attained this so They will price electricity partly on this basis.
Where did you get the 12% number from? Please send me the source if available...

@VVS i read it on the daily nation in their press release the day after the MPigs started throwing tantrums about their super half year profits...

In that press release the CEO was very clear about this objective
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
PKoli
#17 Posted : Sunday, August 29, 2010 4:17:35 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
VituVingiSana wrote:
A splendid performance from Kenya's premier tourism group... Soon to be Regional & then tackle the rest of Africa...


That is exceptional performance. It is a growth stock. I have been missing in action in this stock
Back to top
 Report Abusive | Report SPAM
youcan'tstopusnow
#18 Posted : Monday, September 20, 2010 11:39:19 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Nairobi hotels one of the most expensive in the world. www.businessdailyafrica....72/-/vlsm7d/-/index.html Didn't really expect that.
GOD BLESS YOUR LIFE
Back to top
WWW
 Report Abusive | Report SPAM
Gordon Gekko
#19 Posted : Tuesday, September 21, 2010 12:51:47 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
93% subscription. Applause Applause Applause Just wish I had asked for more than my allotment as this one is going places.
Back to top
 Report Abusive | Report SPAM
Wa_ithaka
#20 Posted : Tuesday, September 21, 2010 12:55:22 PM
Rank: Veteran


Joined: 1/7/2010
Posts: 1,279
Location: nbi
gg- it was oversubscribed
The Governor of Nyeri - 2017
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (3)
2 Pages12>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2025 Wazua.co.ke. All Rights Reserved.