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KPLC rights interim report -massive under subscription
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jerry
#31 Posted : Sunday, December 26, 2010 7:46:41 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
@qw. If under-subscribed no refund. What is really ur problem?
The opposite of courage is not cowardice, it's conformity.
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mzeekijana
#32 Posted : Sunday, December 26, 2010 9:16:46 PM
Rank: Member

Joined: 11/12/2010
Posts: 111
Location: MOMBASA
qw25041985 wrote:
..this rights issue will be UNDERSUBSCRIBED..UNDER-SUBSCRIBED this rights issue will be .Fullstop !


WAPENDE WASIPENDE hii kitu will be..(qw..repeate after me)..UNDER-...Laughing out loudly Laughing out loudly Laughing out loudly
qw..u made my evening cool..Laughing out loudly ...
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qw25041985
#33 Posted : Sunday, December 26, 2010 10:08:37 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
@ mzeekijana . u dnt understand .THIS rights issue will be UNDER-SUBSCRIBED !!!!!!!!!!!!! . All the world has to know this small but important truth that unfortunately has evaded even the brilliant minds at wazua ...
Okay . UNDER-SUBSCRIPTION = K.P.L.C rights issue and the equation balances .
Your future depends on your dreams so go to sleep !
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youcan'tstopusnow
#34 Posted : Sunday, December 26, 2010 11:31:08 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
If the subscription rate is even 50 percent , it doesn't matter (as far as KPLC is concerned) as Equity and Centum will ride to the rescue for the other half. So I don't understand why people are fretting. In this case a subscription rate of 50 percent is thus not really an 'undersubscription' as we would call it
GOD BLESS YOUR LIFE
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gesowan
#35 Posted : Monday, December 27, 2010 8:28:03 AM
Rank: Member

Joined: 11/6/2010
Posts: 289
let us wait for the final data,but people would wish for under subscription considering some of us bought a hundred shares and then ended up going for several thousands as extra rights so if undersubscription then we get all the extra shares,we never bought the rights,those who bought the rights wishes for an oversubscription,which side of you bread is buttered,did you buy the rights or went for extra shares,
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jerry
#36 Posted : Monday, December 27, 2010 8:53:12 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
@gesowan, u get the rts because u r a subscriber not coz the subscribers haven't taken them up. So u've to consider ALL the rts that will be eventually taken up(incl by EB&CENTUM) b4 u can shout under or over. Meanwhile, BUY more from the market. I repeat; u can't get the rts unless u r a subscriber!
The opposite of courage is not cowardice, it's conformity.
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  | | Edit by user: Monday, December 27, 2010 8:59 AM | Reason: More info
Sober
#37 Posted : Monday, December 27, 2010 9:47:40 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
Guys read previous posts on this issue if you can't get hold of the memorandum. people are just throwing statements here.
an under subscription of 50% means EB + CENTUM will take the rest. KPLC is losing nothing here. an under subscription is the best news for those of up who applied for additional rights because we will get them. guys are jus hating for nothing.
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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Sober
#38 Posted : Monday, December 27, 2010 9:51:16 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
jerry wrote:
@gesowan, u get the rts because u r a subscriber not coz the subscribers haven't taken them up. So u've to consider ALL the rts that will be eventually taken up(incl by EB&CENTUM) b4 u can shout under or over. Meanwhile, BUY more from the market. I repeat; u can't get the rts unless u r a subscriber!

The extra allocation comes in because of guys who never take up theirs. that's why i'm praying for an under.
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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2012
#39 Posted : Monday, December 27, 2010 2:55:34 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
In my opinion it will take a miracle for this issue to be undersubscribed. It will be defying all logic and will top my surprise list of the year ahead of Muthaura. Who would have thought he'd been a naughty boy like Bashir?

BBI will solve it :)
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gesowan
#40 Posted : Monday, December 27, 2010 8:11:22 PM
Rank: Member

Joined: 11/6/2010
Posts: 289
@jerry
i meant guys bought the minimum 100 shares then on the PAL form they applied for additional shares eg10,000 hoping to get full allocation incase of under subscription,then there those guys who bought the rights @.55 lets say 10,000,the later wishes for an oversubscription,i hope we are clear.
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