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Kplc restructure plan out
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guru267
#71 Posted : Monday, November 01, 2010 5:19:27 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
My 2 cents wrote:
rights will be issued at 18/= per share (post split) or 144/= pre split. I have my doubts whether the current price will drop below 220/=, but we wait to see.


@my2cents the rights will be issued at 18.5 (post split) or 149 to cater for the rights issue costs
Mark 12:29
Deuteronomy 4:16
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My 2 cents
#72 Posted : Monday, November 01, 2010 5:36:23 PM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,090
Damn. I have to come up with more money.
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KIRTI
#73 Posted : Monday, November 01, 2010 5:43:10 PM
Rank: Member

Joined: 8/17/2010
Posts: 116
KPLC price are gone down from 250 to 220. Even we do'nt know furher reduction up to what level. If you buy at current price, then it might further go down. Also you are paying commission on 220 @ 2% = 4.40 bob. I suggest to buy right from market. During that time price will be setteled. You will not regret about price reduction. Also you will pay commission only on premium of right.
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Sufficiently Philanga....thropic
#74 Posted : Monday, November 01, 2010 6:24:27 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
KIRTI wrote:
KPLC price are gone down from 250 to 220. Even we do'nt know furher reduction up to what level. If you buy at current price, then it might further go down. Also you are paying commission on 220 @ 2% = 4.40 bob. I suggest to buy right from market. During that time price will be setteled. You will not regret about price reduction. Also you will pay commission only on premium of right.

I wonder what makes you soo confident you will get the rights in the market.
The Government rights are is it were, "sold out" and there is nothing left for you and i.
But you can try bid on the 1st day they start trading and hope you get some, thou you will have to pay an arm and a leg for that, if you are lucky to get any!
@SufficientlyP
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Sober
#75 Posted : Tuesday, November 02, 2010 9:23:10 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
Sufficiently Philanga....thropic wrote:
KIRTI wrote:
KPLC price are gone down from 250 to 220. Even we do'nt know furher reduction up to what level. If you buy at current price, then it might further go down. Also you are paying commission on 220 @ 2% = 4.40 bob. I suggest to buy right from market. During that time price will be setteled. You will not regret about price reduction. Also you will pay commission only on premium of right.

I wonder what makes you soo confident you will get the rights in the market.
The Government rights are is it were, "sold out" and there is nothing left for you and i.
But you can try bid on the 1st day they start trading and hope you get some, thou you will have to pay an arm and a leg for that, if you are lucky to get any!



is that supposed to mean that the rights will be a hot cake untill there will be none available for trading at the market? this would mean that the price will be higher for the normal shares.
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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Sufficiently Philanga....thropic
#76 Posted : Tuesday, November 02, 2010 1:06:42 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Sober wrote:
Sufficiently Philanga....thropic wrote:
KIRTI wrote:
KPLC price are gone down from 250 to 220. Even we do'nt know furher reduction up to what level. If you buy at current price, then it might further go down. Also you are paying commission on 220 @ 2% = 4.40 bob. I suggest to buy right from market. During that time price will be setteled. You will not regret about price reduction. Also you will pay commission only on premium of right.

I wonder what makes you soo confident you will get the rights in the market.
The Government rights are is it were, "sold out" and there is nothing left for you and i.
But you can try bid on the 1st day they start trading and hope you get some, thou you will have to pay an arm and a leg for that, if you are lucky to get any!



is that supposed to mean that the rights will be a hot cake untill there will be none available for trading at the market? this would mean that the price will be higher for the normal shares.

With the high level of interest current being shown by the Institutional investors, i.e Banks, Pension Funds, Insurance cos and foreign investors, getting rights on the market will be a tall order.
As it is right now, the stock seems to have hit its low at 223,224 levels. What waits to be seen is how the stock trades after the div closure date on 8th.
Will it slide further? Still an open question!
@SufficientlyP
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VituVingiSana
#77 Posted : Tuesday, November 02, 2010 2:36:06 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
Back to 225/- but only 16,000 traded... Tough to say if there is hidden demand at lower prices since not everyone puts the bids on the Board
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Sufficiently Philanga....thropic
#78 Posted : Tuesday, November 02, 2010 3:27:01 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
VituVingiSana wrote:
Back to 225/- but only 16,000 traded... Tough to say if there is hidden demand at lower prices since not everyone puts the bids on the Board

@VVS what i know is that there was some 2M supply off board by a fund Manager who managed to sell from 238 and their last lot went last Friday at KES 225! Since then, the downward movement has been sort of slow!
@SufficientlyP
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VituVingiSana
#79 Posted : Tuesday, November 02, 2010 3:48:46 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
Sufficiently Philanga....thropic wrote:
VituVingiSana wrote:
Back to 225/- but only 16,000 traded... Tough to say if there is hidden demand at lower prices since not everyone puts the bids on the Board

@VVS what i know is that there was some 2M supply off board by a fund Manager who managed to sell from 238 and their last lot went last Friday at KES 225! Since then, the downward movement has been sort of slow!

Wow... 2mn shares! Nani huyu?

I am surprised coz I was under the impression that the take-up would be by these Fund Managers! I might reconsider my position...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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2012
#80 Posted : Tuesday, November 02, 2010 5:47:52 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Sufficiently Philanga....thropic wrote:
As it is right now, the stock seems to have hit its low at 223,224 levels. What waits to be seen is how the stock trades after the div closure date on 8th.
Will it slide further? Still an open question!


Dividend book closed (was it) 21st Oct. 8th Nov is book closure for the rights issue if I'm not wrong. So what you're experiencing now is as real as it gets unless of course the price drops slightly within the issue window, and I see that happening.

BBI will solve it :)
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