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Family Bank listing by introduction soon!
Rank: Elder Joined: 6/27/2008 Posts: 4,114
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BTW: for a company that wants to go public, isn't it curious that they don't have an "investors" page on their website? Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Rank: Member Joined: 4/14/2011 Posts: 639
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the deal wrote:I was to do a research report on family bank but I stopped cos of the emotions expressed here....now i'm going to finish that 15 page thing....damn the CEO is a lucky guy...the other day he was just a deputy at KCB...lmao.
>deal where is the report!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Cde Monomotapa wrote:mwanahisa wrote:Cde Monomotapa wrote:Let it come so we can shark it to 12 bob like Uchumi. Don't be too hard on this share. It is not that bad... Neither is (new) Uchumi. Thanx sellers 
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Cde Monomotapa wrote:mwanahisa wrote:Cde Monomotapa wrote:Let it come so we can shark it to 12 bob like Uchumi. Don't be too hard on this share. It is not that bad... Neither is (new) Uchumi. Thanx sellers
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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Uchumi is also due for a bounce. Its kinda found support at the low 10s.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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mwanahisa wrote:Uchumi is also due for a bounce. Its kinda found support at the low 10s. Agreed. the constant fluctautions before it finds its place, can make some mula. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 4/14/2011 Posts: 639
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Cde Monomotapa wrote:Cde Monomotapa wrote:mwanahisa wrote:Cde Monomotapa wrote:Let it come so we can shark it to 12 bob like Uchumi. Don't be too hard on this share. It is not that bad... Neither is (new) Uchumi. Thanx sellers I hold a good chunk of it and aint selling ng'o.This another equity in the making!watch this space.
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Rank: Veteran Joined: 11/21/2006 Posts: 1,590
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Do you know Equity and Family started out on the same year but today Equity makes 20 times more profit? Kiondo needs to retire... Sehemu ndio nyumba
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Mainat wrote:Do you know Equity and Family started out on the same year but today Equity makes 20 times more profit?
Kiondo needs to retire... I also thought they'd be cut throat on retail banking...guess not..JM spanked their butt.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Mainat wrote:Do you know Equity and Family started out on the same year but today Equity makes 20 times more profit?
Kiondo needs to retire... Not before he cashes in BIG TIME... GOD BLESS YOUR LIFE
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Rank: Member Joined: 4/14/2011 Posts: 639
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BGL wrote:Read the EGM advert for more info.....
NOTICE OF THE EXTRAORDINARY GENERAL MEETING
NOTICE IS HEREBY GIVEN THAT THE EXTRAORDINARY
GENERAL MEETING OF THE SHAREHOLDERS OF FAMILY
BANK LIMITED WILL BE HELD ON FRIDAY 5TH AUGUST
2011, AT HILTON HOTEL AT 10.00 A.M. TO TRANSACT THE
FOLLOWING BUSINESS
1. Confirmation of quorum.
2. To read the notice convening the meeting.
3. To approve the listing of the Bank’s shares at the Nairobi Stock Exchange by introduction.
4. To approve an amendment of the memorandum and articles of association of the Bank to incorporate an Employee Share Option Plan (ESOP) to eligible employees as per the trust deed and the limit of which is to be negotiated and approved by the Board.
5. That the shareholders approve the allotment of new shares to the Managing Director amounting to 1% of the Bank’s shareholding as per the terms of engagement.
6. Any other Business
11th July 2011
By Order of the Board
Company Secretary
P.O. Box 74145-00200
NAIROBI >What went down at Hilton today?any wazua who was there can share with us
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Member Joined: 4/14/2011 Posts: 639
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FUNKY wrote:http://www.nation.co.ke/business/news/-/1006/1214162/-/4kiwixz/-/index.html Help me understand this;the article says it wil list after private placement and goes on to say it wil list through private placement.Does this make sense?Anyway the article is erroneus on many counts;it says that the 24.9% was sold at 1.2bn instead of 108 million!
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