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NBK- a junk stock?
obiero
#41 Posted : Friday, January 19, 2018 10:41:29 AM
Rank: Elder


Joined: 6/23/2009
Posts: 9,023
Location: nairobi
deadpoet wrote:
what happened to the merger talks with consolidated bank? or KCB's proposed buyout?

merger of state banks still on track
DISCLAIMER: @obiero, MBA-MIS, CISA. Opinionated, owner of www.winda.co.ke. Whilst care has been taken in compiling communicated data to be factual and logical, he doesn't accept any responsibility in your understanding of info shared herein..
Ebenyo
#42 Posted : Friday, January 19, 2018 1:46:22 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,208
Location: Kitale
deadpoet wrote:
what happened to the merger talks with consolidated bank? or KCB's proposed buyout?



It has to be factored in the FY 17 results.After results announcement,it will be clear on the way forward.
Dont work for money.Let your money work for you.
Wororo
#43 Posted : Friday, January 19, 2018 5:07:34 PM
Rank: Member


Joined: 1/30/2011
Posts: 105
obiero
#44 Posted : Friday, January 19, 2018 5:41:33 PM
Rank: Elder


Joined: 6/23/2009
Posts: 9,023
Location: nairobi
Wororo wrote:

It has wiped out the little profit left on the table, not to mention consumer confidence
DISCLAIMER: @obiero, MBA-MIS, CISA. Opinionated, owner of www.winda.co.ke. Whilst care has been taken in compiling communicated data to be factual and logical, he doesn't accept any responsibility in your understanding of info shared herein..
Ericsson
#45 Posted : Saturday, January 20, 2018 9:50:26 AM
Rank: Elder


Joined: 12/4/2009
Posts: 4,711
Location: NAIROBI
obiero wrote:
deadpoet wrote:
what happened to the merger talks with consolidated bank? or KCB's proposed buyout?

merger of state banks still on track

Wazi captain
KCB has the necessary cash to acquire the good book of NBK.
If they request a rights issue debe tutajaza
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