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KPLC rights interim report -massive under subscription
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gesowan
#1 Posted : Thursday, December 23, 2010 1:00:07 AM
Rank: Member

Joined: 11/6/2010
Posts: 289
i have been informed that the rights issue is likely to be under subscribed,reports from D&B chairman giving reasons like Xmas and poor timing
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  | | Edit by user: Thursday, December 23, 2010 1:12 AM | Reason: Not specified
murenj
#2 Posted : Thursday, December 23, 2010 7:10:02 AM
Rank: Member

Joined: 7/22/2008
Posts: 851
Location: nairobi
to the south....... here we come, .....mumias style
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  | | Edit by user: Thursday, December 23, 2010 7:11 AM | Reason: Not specified
bartum
#3 Posted : Thursday, December 23, 2010 7:25:30 AM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
hiyo ni porojo si equity and centum will take em all which is better becouse of fewer speculators, image if all of us got at 19.50
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TUPAC
#4 Posted : Thursday, December 23, 2010 7:26:19 AM
Rank: Member

Joined: 12/8/2009
Posts: 274
Location: Ltktk
undersubscription is the best news i could wish for. it would be a sure way of getting all the extra rights applid for!
...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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qw25041985
#5 Posted : Thursday, December 23, 2010 8:59:21 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
i told you guyz . Undersubscription is the buzz word for kplc rights . @ guru . where are u you said it'll be oversubscribed. hebu defend yourself ..!!!!!!!!!!.
There's so much competition for capital in the money markets i just wonder how small ipo's like deacons will fair !!!!!!!!!!!!
Your future depends on your dreams so go to sleep !
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mlennyma
#6 Posted : Thursday, December 23, 2010 9:23:51 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Under-suscription might be a good sign to control supply hence price jump given the under-writing.
"Don't let the fear of losing be greater than the excitement of winning."
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guru267
#7 Posted : Thursday, December 23, 2010 9:57:11 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
gesowan wrote:
i have been informed that the rights issue is likely to be under subscribed,reports from D&B chairman giving reasons like Xmas and poor timing


@gesowan i don't know what else to say to you except that

THE KPLC RIGHTS ISSUE WILL BE OVERSUBSCRIBED

whether the D&B chairman likes it or not.
Mark 12:29
Deuteronomy 4:16
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erifloss
#8 Posted : Thursday, December 23, 2010 9:58:57 AM
Rank: Member

Joined: 6/21/2010
Posts: 514
Location: Nairobi
Actually undersubscription will be good for the supply of the shares reducing its volatility. Case in scenario is safcom. At times its good for a share to be held by a few individuals, let Equity & Centum get in for the stability of the share price.
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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My 2 cents
#9 Posted : Thursday, December 23, 2010 10:04:54 AM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,090
Even at the current price of 22/= KPLC is a very good deal. People could be spreading rumours to stall the advancement in price while they are still accumulating.
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qw25041985
#10 Posted : Thursday, December 23, 2010 10:07:00 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
@ guru u are just sturbon . surely when all tom dick and harry is SELLING shares for x-mas ( allot of supply currently in the market)who in his right mind will be buying kplc to cause an over-subscription ?????????
This rights issue will be a flop !!!!!!!!!! i said it once ,twice,thrice and it'll continue to hammer it on you again again and again!!!!!!!!!!!!!
Your future depends on your dreams so go to sleep !
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