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Can I use this fund for Britak IPO?
Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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 Investors and speculators,I have no liquid cash in my Post Bank.But I have some few tens of thousands in shillings in my CDS account at CfcFS...can the broker use this fund where it is and apply for IPO without me withdrawing the cash first? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Member Joined: 4/14/2011 Posts: 639
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Ofcos.They wil write a cheq to Britak for you(and others like you)
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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The last time i checked the last day of applying for the shares was today. Is it still the same or it has been posponed. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Member Joined: 9/21/2006 Posts: 422 Location: Nairobi
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Sober wrote:The last time i checked the last day of applying for the shares was today. Is it still the same or it has been posponed. Nefinitely you are not sober at all!!!!!!!!
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Rank: Member Joined: 11/21/2007 Posts: 152 Location: Nairobi
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@ Sober, seems like that last time u checked u were not sober.
Deadline s on 5th Aug 11
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Impunity wrote: Investors and speculators,I have no liquid cash in my Post Bank.But I have some few tens of thousands in shillings in my CDS account at CfcFS...can the broker use this fund where it is and apply for IPO without me withdrawing the cash first? that is how it is normally done, even for rights issues, they use money in your cdsc acc. Less tedious than having to deposit at designated banks. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
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Aguytrying wrote:Impunity wrote: Investors and speculators,I have no liquid cash in my Post Bank.But I have some few tens of thousands in shillings in my CDS account at CfcFS...can the broker use this fund where it is and apply for IPO without me withdrawing the cash first? that is how it is normally done, even for rights issues, they use money in your cdsc acc. Less tedious than having to deposit at designated banks. Thanks Agutu.  But is it worth buying this thing anyway? Do u foresee the price touching 12 on the first 3 days of trading?  Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Impunity wrote:Aguytrying wrote:Impunity wrote: Investors and speculators,I have no liquid cash in my Post Bank.But I have some few tens of thousands in shillings in my CDS account at CfcFS...can the broker use this fund where it is and apply for IPO without me withdrawing the cash first? that is how it is normally done, even for rights issues, they use money in your cdsc acc. Less tedious than having to deposit at designated banks. Thanks Agutu. But is it worth buying this thing anyway? Do u foresee the price touching 12 on the first 3 days of trading? @impunity hii bear haina mchezo. I dont see britak buckling the trend. Life is short. Live passionately.
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Rank: Elder Joined: 6/20/2007 Posts: 2,048 Location: Lagos, Nigeria
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There is more certainty with KK below 11. The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Can I use this fund for Britak IPO?
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