Home SK - Stocks, Property, Investment Chamas - Investment Groups BIZ - Small Business Soko - Market Wazua Life About Wazua
SIGN IN REGISTER
Sunday, Feb 16, 2020
Investor
We’re investing funds for profit. Join us and wazua!
LATEST DISCUSSIONS
EABL half year 2019/2020 results [16]
KenGen HY 2019 [391]
Eveready EA FY17 [77]
Realities of Forex Investment [3841]
Kenya Economy Watch [2481]
Madness at the NSE [1970]
Kenya Airways...why ignore.. [14311]
Tesla stock [18]
Longhorn for longterm [11]
Safaricom 2019/2020 [231]
Safaricom Investment Company - IFRS Impact on FY20... [17]
Treasury Bills and Bonds [1329]
Kenya Power FY 2017/2018 [322]
TOTAL Kenya FY Profits up 23% [24]
Joint CDSC Account.....Is there any new regulation... [4]
 
Forum Jump
Welcome Guest Search | Active Topics | Log In | Register

12 Pages«<89101112>
KCB and NBK material announcement
Ericsson
#181 Posted : Tuesday, August 20, 2019 5:23:57 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,981
Location: NAIROBI
The two counters on the radar of buying their shares
Ericsson
#182 Posted : Thursday, August 22, 2019 12:26:26 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,981
Location: NAIROBI
NBK shares no trading going on
obiero
#183 Posted : Thursday, August 22, 2019 12:37:33 PM
Rank: Elder


Joined: 6/23/2009
Posts: 12,457
Location: nairobi
Ericsson wrote:
NBK shares no trading going on

You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage
COOP 5,500 ABP12.6; HF 2,000 ABP 5.90; KCB 7,500 ABP 36; KNRE 100,000 ABP 2.90; KQ 392,100 ABP 8.32
Ericsson
#184 Posted : Thursday, August 22, 2019 12:44:27 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,981
Location: NAIROBI
obiero wrote:
Ericsson wrote:
NBK shares no trading going on

You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage

What is the performance rate so far?
KCB wamefikisha 75%?
obiero
#185 Posted : Saturday, August 24, 2019 6:42:36 AM
Rank: Elder


Joined: 6/23/2009
Posts: 12,457
Location: nairobi
COOP 5,500 ABP12.6; HF 2,000 ABP 5.90; KCB 7,500 ABP 36; KNRE 100,000 ABP 2.90; KQ 392,100 ABP 8.32
shocks
#186 Posted : Saturday, August 24, 2019 10:49:33 AM
Rank: Member


Joined: 3/15/2009
Posts: 344
Does it make sense to chase the 1 Bob interim div before books close in the face of a 5% oncoming dilution?
obiero
#187 Posted : Saturday, August 24, 2019 11:15:33 AM
Rank: Elder


Joined: 6/23/2009
Posts: 12,457
Location: nairobi
shocks wrote:
Does it make sense to chase the 1 Bob interim div before books close in the face of a 5% oncoming dilution?

Madness
COOP 5,500 ABP12.6; HF 2,000 ABP 5.90; KCB 7,500 ABP 36; KNRE 100,000 ABP 2.90; KQ 392,100 ABP 8.32
Ericsson
#188 Posted : Saturday, August 24, 2019 11:23:59 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,981
Location: NAIROBI
shocks wrote:
Does it make sense to chase the 1 Bob interim div before books close in the face of a 5% oncoming dilution?

Plus the drop when share price goes ex dividend.
5% dilution and 5% drop on ex dividend.
whiteowl
#189 Posted : Saturday, August 24, 2019 5:15:41 PM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,391
Location: Bohemian Grove
obiero wrote:
shocks wrote:
Does it make sense to chase the 1 Bob interim div before books close in the face of a 5% oncoming dilution?

Madness


Herd mentality.
tandich
#190 Posted : Saturday, August 24, 2019 8:50:16 PM
Rank: Member


Joined: 5/6/2008
Posts: 167
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on

You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage

What is the performance rate so far?
KCB wamefikisha 75%?


All they need is Treasury & NSSF for just over 93%



Source: Shareholder Circular on conversation of preference shares to ordinary shares
obiero
#191 Posted : Saturday, August 24, 2019 8:54:52 PM
Rank: Elder


Joined: 6/23/2009
Posts: 12,457
Location: nairobi
tandich wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on

You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage

What is the performance rate so far?
KCB wamefikisha 75%?


All they need is Treasury & NSSF for just over 93%



Source: Shareholder Circular on conversation of preference shares to ordinary shares

NSSF and treasury have stumbled onto a gold mine
COOP 5,500 ABP12.6; HF 2,000 ABP 5.90; KCB 7,500 ABP 36; KNRE 100,000 ABP 2.90; KQ 392,100 ABP 8.32
Angelica _ann
#192 Posted : Saturday, August 24, 2019 9:30:04 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,163
obiero wrote:
tandich wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on

You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage

What is the performance rate so far?
KCB wamefikisha 75%?


All they need is Treasury & NSSF for just over 93%



Source: Shareholder Circular on conversation of preference shares to ordinary shares

NSSF and treasury have stumbled onto a gold mine


That was some serious dilution for the rest by Treasury and NSSF.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
obiero
#193 Posted : Saturday, August 24, 2019 10:48:25 PM
Rank: Elder


Joined: 6/23/2009
Posts: 12,457
Location: nairobi
Angelica _ann wrote:
obiero wrote:
tandich wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on

You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage

What is the performance rate so far?
KCB wamefikisha 75%?


All they need is Treasury & NSSF for just over 93%



Source: Shareholder Circular on conversation of preference shares to ordinary shares

NSSF and treasury have stumbled onto a gold mine


That was some serious dilution for the rest by Treasury and NSSF.

I wonder how else those preference shares would have ever been realized. Minority NBK shareholders should thank their God
COOP 5,500 ABP12.6; HF 2,000 ABP 5.90; KCB 7,500 ABP 36; KNRE 100,000 ABP 2.90; KQ 392,100 ABP 8.32
Ericsson
#194 Posted : Sunday, August 25, 2019 5:28:47 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,981
Location: NAIROBI
tandich wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on

You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage

What is the performance rate so far?
KCB wamefikisha 75%?


All they need is Treasury & NSSF for just over 93%



Source: Shareholder Circular on conversation of preference shares to ordinary shares


Conversion to be done once approval of the acquisition has been achieved.
The shareholding to be used for approval is the one before conversion of preference shares.
Once they achieve the 75% it will be a two step process.
Convert the preference to ordinary then recalculate the shareholding.
Then swap with newly issued kcb shares

The subtotal on the existing number of shares column is what KCB needs for the acquisition to take place
Ericsson
#195 Posted : Monday, August 26, 2019 11:27:59 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,981
Location: NAIROBI
tandich wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on

You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage

What is the performance rate so far?
KCB wamefikisha 75%?


All they need is Treasury & NSSF for just over 93%



Source: Shareholder Circular on conversation of preference shares to ordinary shares


What if NSSF demands higher valuation
obiero
#196 Posted : Monday, August 26, 2019 12:50:19 PM
Rank: Elder


Joined: 6/23/2009
Posts: 12,457
Location: nairobi
Ericsson wrote:
tandich wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on

You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage

What is the performance rate so far?
KCB wamefikisha 75%?


All they need is Treasury & NSSF for just over 93%



Source: Shareholder Circular on conversation of preference shares to ordinary shares


What if NSSF demands higher valuation

Never will happen in a million years.. The bank was just about to dye in a few moments and the only available doctor has arrived at the bedside with recovery medicine!
COOP 5,500 ABP12.6; HF 2,000 ABP 5.90; KCB 7,500 ABP 36; KNRE 100,000 ABP 2.90; KQ 392,100 ABP 8.32
VituVingiSana
#197 Posted : Monday, August 26, 2019 2:01:43 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,685
Location: Nairobi
Ericsson wrote:
tandich wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on

You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage

What is the performance rate so far?
KCB wamefikisha 75%?


All they need is Treasury & NSSF for just over 93%



Source: Shareholder Circular on conversation of preference shares to ordinary shares


What if NSSF demands higher valuation
If this deal dies then CBK should inform the shareholders of NBK that they have 3 months to recapitalize the bank failing which it goes under KDIC. KDIC can than sell the assets to whoever wants them. If anything is left over the shareholders can have it.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#198 Posted : Monday, August 26, 2019 2:11:35 PM
Rank: Elder


Joined: 6/23/2009
Posts: 12,457
Location: nairobi
VituVingiSana wrote:
Ericsson wrote:
tandich wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on

You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage

What is the performance rate so far?
KCB wamefikisha 75%?


All they need is Treasury & NSSF for just over 93%



Source: Shareholder Circular on conversation of preference shares to ordinary shares


What if NSSF demands higher valuation
If this deal dies then CBK should inform the shareholders of NBK that they have 3 months to recapitalize the bank failing which it goes under KDIC. KDIC can than sell the assets to whoever wants them. If anything is left over the shareholders can have it.

4 days remain
COOP 5,500 ABP12.6; HF 2,000 ABP 5.90; KCB 7,500 ABP 36; KNRE 100,000 ABP 2.90; KQ 392,100 ABP 8.32
watesh
#199 Posted : Monday, August 26, 2019 2:17:26 PM
Rank: Member


Joined: 8/10/2014
Posts: 763
Location: Kenya
Ericsson wrote:
tandich wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on

You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage

What is the performance rate so far?
KCB wamefikisha 75%?


All they need is Treasury & NSSF for just over 93%



Source: Shareholder Circular on conversation of preference shares to ordinary shares


What if NSSF demands higher valuation

A small bank run can be triggered and it collapses
obiero
#200 Posted : Monday, August 26, 2019 2:25:38 PM
Rank: Elder


Joined: 6/23/2009
Posts: 12,457
Location: nairobi
watesh wrote:
Ericsson wrote:
tandich wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on

You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage

What is the performance rate so far?
KCB wamefikisha 75%?


All they need is Treasury & NSSF for just over 93%



Source: Shareholder Circular on conversation of preference shares to ordinary shares


What if NSSF demands higher valuation

A small bank run can be triggered and it collapses

The fact is that the current events are formalities. The deal is done and dusted
COOP 5,500 ABP12.6; HF 2,000 ABP 5.90; KCB 7,500 ABP 36; KNRE 100,000 ABP 2.90; KQ 392,100 ABP 8.32
Users browsing this topic
Guest
12 Pages«<89101112>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Home | . .. Investor | .. . Groups | .. . SME | . . . Market | .. . Club SK | . ..... About Wazua | . .. Search | . ..Sitemap | . ..Support | . ..Disclaimer | . ..Privacy Policy | . ..Terms of Use | . .. Contact Us
Copyright © 2020 Wazua.co.ke. All Rights Reserved.