Wazua
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Kenya airways Right Issue
Rank: Elder Joined: 7/11/2010 Posts: 5,040
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http://www.nation.co.ke/...66/-/sypp14/-/index.htmlThe investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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youcan'tstopusnow wrote:Aguytrying wrote:
On a lighter note. At least with the 1% of shares being given to the employees the CEO will finally have some shares. lol.
 I'm sure atakataa!
The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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the deal wrote:.... it's such a shame that SIB produced such kind of crap just because they're getting paid by KQ...
Could SIB put their reputation on the line because of KES 1 M only that they will recieve as a Lead Sponsoring Stockbroker, I doubt!
N'way, which are the bits that you found as crap?
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Rank: Chief Joined: 1/3/2007 Posts: 18,375 Location: Nairobi
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mwekez@ji wrote:the deal wrote:.... it's such a shame that SIB produced such kind of crap just because they're getting paid by KQ...
Could SIB put their reputation on the line because of KES 1 M only that they will recieve as a Lead Sponsoring Stockbroker, I doubt!
N'way, which are the bits that you found as crap?
The money is from the sale of shares to IFC, etc (see the expenses associated with the Offer). If SIB & CFC share the loot from GoK & KLM = KES 150mn way more than KES 1mn Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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VituVingiSana wrote:mwekez@ji wrote:the deal wrote:.... it's such a shame that SIB produced such kind of crap just because they're getting paid by KQ...
Could SIB put their reputation on the line because of KES 1 M only that they will recieve as a Lead Sponsoring Stockbroker, I doubt!
N'way, which are the bits that you found as crap?
The money is from the sale of shares to IFC, etc (see the expenses associated with the Offer). If SIB & CFC share the loot from GoK & KLM = KES 150mn way more than KES 1mn
Yeah, the real money is in the placement commission that are at the disposal of ALL brokers. If the 2 are acting for KLM and GOK, then they get 50% of the total placement commission as you rightly put it. However, if they are not the ones acting for GOK and KLM, …
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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mwekez@ji wrote:VituVingiSana wrote:mwekez@ji wrote:the deal wrote:.... it's such a shame that SIB produced such kind of crap just because they're getting paid by KQ...
Could SIB put their reputation on the line because of KES 1 M only that they will recieve as a Lead Sponsoring Stockbroker, I doubt!
N'way, which are the bits that you found as crap?
The money is from the sale of shares to IFC, etc (see the expenses associated with the Offer). If SIB & CFC share the loot from GoK & KLM = KES 150mn way more than KES 1mn
Yeah, the real money is in the placement commission that are at the disposal of ALL brokers. If the 2 are acting for KLM and GOK, then they get 50% of the total placement commission as you rightly put it. However, if they are not the ones acting for GOK and KLM, …
Looks like SIB are the broker for GOK in this rights issue. They are smiling while other brokers are protesting
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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mwekez@ji wrote:mwekez@ji wrote:VituVingiSana wrote:mwekez@ji wrote:the deal wrote:.... it's such a shame that SIB produced such kind of crap just because they're getting paid by KQ...
Could SIB put their reputation on the line because of KES 1 M only that they will recieve as a Lead Sponsoring Stockbroker, I doubt!
N'way, which are the bits that you found as crap?
The money is from the sale of shares to IFC, etc (see the expenses associated with the Offer). If SIB & CFC share the loot from GoK & KLM = KES 150mn way more than KES 1mn
Yeah, the real money is in the placement commission that are at the disposal of ALL brokers. If the 2 are acting for KLM and GOK, then they get 50% of the total placement commission as you rightly put it. However, if they are not the ones acting for GOK and KLM, …
Looks like SIB are the broker for GOK in this rights issue. They are smiling while other brokers are protesting
its good to know people
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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QW25091985 wrote:its good to know people
Elaborate
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Rank: Chief Joined: 1/3/2007 Posts: 18,375 Location: Nairobi
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Was I right or was I was right?
http://www.businessdaily...6/-/tnhkfyz/-/index.html
One broker gets the commission for 'selling' shares to GoK when GoK is ALREADY on the Board of Directors!!! WTF???
I tell you the broker in question is a SCAM ARTIST... How does GoK (which has a DIRECTORSHIP on the Board of KQ) pay a broker who simply stamps a form on behalf of GoK.
There should be a DIRECT application to KQ by GoK. Kwani, the representative director can't give a form in at the Board Meeting? Or send a messenger to CRS? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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May be there are some rules/regulations being applied barring "insider" trading. I haveNot read the attachment. The opposite of courage is not cowardice, it's conformity.
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Kenya airways Right Issue
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