Wazua
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KCB Rights Issue Subscription Rate
Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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Wow... far higher than I expected... I expect to see lots of large 'foreign' shareholders... Good for KCB but I expect lots of Sellers as well... I have better places/shares to invest my money in... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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None of the other banks are standing still... especially not Equity Bank which has captured the 'low end' of the market... Then the 'high end or Corporates' are catered for by Barclays, SCBK, Citibank, etc... And the middle market has NIC, I&M, DTBK, Prime... So can KCB compete in all 3 segments? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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VituVingiSana wrote:None of the other banks are standing still... especially not Equity Bank which has captured the 'low end' of the market...
Then the 'high end or Corporates' are catered for by Barclays, SCBK, Citibank, etc...
And the middle market has NIC, I&M, DTBK, Prime...
So can KCB compete in all 3 segments? Oh yes they can because they'll soon be untouchble in the regional market... Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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guru267 wrote:VituVingiSana wrote:None of the other banks are standing still... especially not Equity Bank which has captured the 'low end' of the market...
Then the 'high end or Corporates' are catered for by Barclays, SCBK, Citibank, etc...
And the middle market has NIC, I&M, DTBK, Prime...
So can KCB compete in all 3 segments? Oh yes they can because they'll soon be untouchble in the regional market... DTBK is in Kenya, Ug, Tz & Burundi (not sure about Rwanda)... I&M + NIC are in Tanzania... Equity is in in Ug & S.Sudan... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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VituVingiSana wrote:guru267 wrote:VituVingiSana wrote:None of the other banks are standing still... especially not Equity Bank which has captured the 'low end' of the market...
Then the 'high end or Corporates' are catered for by Barclays, SCBK, Citibank, etc...
And the middle market has NIC, I&M, DTBK, Prime...
So can KCB compete in all 3 segments? Oh yes they can because they'll soon be untouchble in the regional market... DTBK is in Kenya, Ug, Tz & Burundi (not sure about Rwanda)... I&M + NIC are in Tanzania... Equity is in in Ug & S.Sudan... @VVS don't forget KCB has the largest presence in east africa among the kenyan banks... And whats more is that its subsidiaries had broken even by end of H1 2010 while equity's are still in losses... I'm treating KCB like a three year bond that yields 5.5% p.a plus capital gains... Mark 12:29
Deuteronomy 4:16
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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guru267 wrote:VituVingiSana wrote:guru267 wrote:VituVingiSana wrote:None of the other banks are standing still... especially not Equity Bank which has captured the 'low end' of the market...
Then the 'high end or Corporates' are catered for by Barclays, SCBK, Citibank, etc...
And the middle market has NIC, I&M, DTBK, Prime...
So can KCB compete in all 3 segments? Oh yes they can because they'll soon be untouchble in the regional market... DTBK is in Kenya, Ug, Tz & Burundi (not sure about Rwanda)... I&M + NIC are in Tanzania... Equity is in in Ug & S.Sudan... @VVS don't forget KCB has the largest presence in east africa among the kenyan banks... And whats more is that its subsidiaries had broken even by end of H1 2010 while equity's are still in losses... I'm treating KCB like a three year bond that yields 5.5% p.a plus capital gains... Guru. Seems ur quite diversified. Hope U don't spread urself too thin.
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Rank: Veteran Joined: 1/7/2010 Posts: 1,279 Location: nbi
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KCb has been in TZ and making losses since 1997. The same yr that Transcentury was formed. Enough said The Governor of Nyeri - 2017
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Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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Wa_ithaka wrote:KCb has been in TZ and making losses since 1997. The same yr that Transcentury was formed. Enough said LOLest... KCB should have invested in/with TransCentury... BTW, in 1997 moi's buddies were trying to rip off KCB as much as possible... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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qw25041985 wrote:If its a reaction coz of the rights it shld b goin up coz the rights were a 'success' . Its a correction. And NEVER argue w/ the market. As a matter of fact i expectd the correction. Do you still believe it was a correction? Look at today's demand vis a vis supply. We are headed the 20s
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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@Pk.Fine u seem to be arguing with the market and u will get hurt.....Smart money nows that the price will come down hence they are waiting....and if this is a reaction because of the rights uptake also expect a reaction once the rights start trading.... And the law of supply and demand has to apply...I am expecting low prices and thats that...aiiiiiight ??? Bytheway this is very intresting concerning citizen .check it out : http://www.techmtaa.com/...el-pulled-off-by-google/Your future depends on your dreams so go to sleep !
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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@qw25041985
Thanks. Let us wait for the additional shares to be traded. Since most of the rights were taken up by institutional investors, I doubt if we will see any price depreciation.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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VituVingiSana wrote:Wow... far higher than I expected... I expect to see lots of large 'foreign' shareholders...
Good for KCB but I expect lots of Sellers as well... I have better places/shares to invest my money in... For KCB the would be sellers already sold when the bank announced issuance of rights and subsequent pricing. Most of the buyers for the rights were institutional investors and I believe they have no intention of selling now. I doubt if KCB will trade below 19, if it does, it will be temporary
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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@pkoli.
With bearish market this week, i feel kcb will still drop to 18.50.
Coop buy at 14
hfck at 19
equity 21
msc 12.50
kq 45
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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VituVingiSana wrote:None of the other banks are standing still... especially not Equity Bank which has captured the 'low end' of the market...
Then the 'high end or Corporates' are catered for by Barclays, SCBK, Citibank, etc...
And the middle market has NIC, I&M, DTBK, Prime...
So can KCB compete in all 3 segments? 
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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bartum wrote:@pkoli.
With bearish market this week, i feel kcb will still drop to 18.50.
Coop buy at 14
hfck at 19
equity 21
msc 12.50
kq 45 Interesting projection. You may be correct on KQ and Equity (over heated). The rest I doubt. KCB will not drop to 18.5, retail investors like are waiting for it!
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Rank: Elder Joined: 6/23/2009 Posts: 13,568 Location: nairobi
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Granted Eqty and DTBK are present regionally albeit to a lesser extent in terms of spread, but do they have similar financial muscle?? e.g If DTBK lost 2B triton style, wouldn't it wind up????
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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bartum wrote:@pkoli.
With bearish market this week,
Coop buy at 14
hfck at 19
equity 21
msc 12.50 Ati nini?? Only a dreamer would project these prices this week... Mark 12:29
Deuteronomy 4:16
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Rank: Member Joined: 5/3/2010 Posts: 145 Location: East Africa
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@guru
if the dude is a dreamer, give us ur projections.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Stealth wrote:@guru
if the dude is a dreamer, give us ur projections. Giving weekly projections is a waste of time because most times your wrong... Just wait and see on friday How wrong this dude will be.. Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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guru267 wrote:Stealth wrote:@guru
if the dude is a dreamer, give us ur projections. Giving weekly projections is a waste of time because most times your wrong... Just wait and see on friday How wrong this dude will be.. Weekly predictions are no relevance to me. Its not like i will jump in and out of a stock in a week. Life is short. Live passionately.
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