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KCB Rights Results
Rank: Member Joined: 3/24/2010 Posts: 101 Location: Nairobi
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Has someone come across KCB rights results???They were scheduled to be released today!!What was the allocation?
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Rank: Chief Joined: 1/3/2007 Posts: 18,136 Location: Nairobi
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Postponed for 2 days or so coz of holiday on 4th August... Where have you been? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 3/24/2010 Posts: 101 Location: Nairobi
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VituVingiSana wrote:Postponed for 2 days or so coz of holiday on 4th August... Where have you been? been conducting referendum, man....thanx for the update
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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Looks the rights might have been slightly under-scribed. Else the share price would be in tandem with the general market trend
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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VituVingiSana wrote:Postponed for 2 days or so coz of holiday on 4th August... Where have you been? They changed the date to august 10th. Mark 12:29
Deuteronomy 4:16
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Rank: Member Joined: 3/24/2010 Posts: 101 Location: Nairobi
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guru267 wrote:VituVingiSana wrote:Postponed for 2 days or so coz of holiday on 4th August... Where have you been? They changed the date to august 10th. ok...does it mean the date to start trading was also changed or it remained to be on 19th??
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Rank: Member Joined: 2/20/2007 Posts: 359
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PKoli wrote:Looks the rights might have been slightly under-scribed. Else the share price would be in tandem with the general market trend IMHO, wrong! The mkt simply anticipates a far greater supply of shares (the higher the supply the lower the demand) from 19th. Upward mobility will only happen once most of the short term traders have offloaded theirs onto institutions, thereby lowering the supply.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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astute wrote:guru267 wrote:VituVingiSana wrote:Postponed for 2 days or so coz of holiday on 4th August... Where have you been? They changed the date to august 10th. ok...does it mean the date to start trading was also changed or it remained to be on 19th?? The date remains the same Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 1/3/2007 Posts: 18,136 Location: Nairobi
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astute wrote:VituVingiSana wrote:Postponed for 2 days or so coz of holiday on 4th August... Where have you been? been conducting referendum, man....thanx for the update Pole... And thanks for the good work! Voting was so easy... I don't get why 33% of eligible voters didn't vote! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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