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bbk split??
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Govmusili
#1 Posted : Tuesday, April 05, 2011 10:01:40 AM
Rank: New-farer

Joined: 1/13/2010
Posts: 85
Location: Nairobi
Hey guyz, when exactly is bbk splitting, im very interestd for the very short term. I want to buy at 59, do u guyz think i shuld buy b4 or after the split???
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Magnetic Touch
#2 Posted : Tuesday, April 05, 2011 10:11:38 AM
Rank: Member

Joined: 12/31/2008
Posts: 90
@Govmusili, Books closure 30-May-2011. Shares Split available for trading on 13-Jun-2011.

The decision to buy should be yours and yours alone.

Stop trying to carry out an opinion poll, so that you can blame someone else if you do not achieve your goal.
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2012
#3 Posted : Tuesday, April 05, 2011 10:44:37 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Please indulge me for a minute and correct me if I'm wrong. BBK wants a 4:1 yaani to split each share by 4, meaning they'll have over 5.4b shares second to scom in number of issued shares right?

Now, why would they want to do this? Is it to create some for staff?

BBI will solve it :)
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Iborian
#4 Posted : Tuesday, April 05, 2011 10:50:08 AM
Rank: Member

Joined: 4/17/2009
Posts: 194
Nada, they just want to have more shares than any other bank on the NSE. They pride themselves in having the biggest y'know what! Biggest in profits etc. They are mad that KCB is the biggest in assets while Equity has the most customers. So they wanted to be the biggest in something. Is that good enough for you?

2012 wrote:
Please indulge me for a minute and correct me if I'm wrong. BBK wants a 4:1 yaani to split each share by 4, meaning they'll have over 5.4b shares second to scom in number of issued shares right?

Now, why would they want to do this? Is it to create some for staff?
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Govmusili
#5 Posted : Tuesday, April 05, 2011 12:00:24 PM
Rank: New-farer

Joined: 1/13/2010
Posts: 85
Location: Nairobi
Magnetic Touch wrote:
@Govmusili, Books closure 30-May-2011. Shares Split available for trading on 13-Jun-2011.

The decision to buy should be yours and yours alone.

Stop trying to carry out an opinion poll, so that you can blame someone else if you do not achieve your goal.


nugu, how can i blame some1 yet no1 put agun to my head. Im simply tryin 2 c if pple are seeing things the way iam or if there r other schools of thought. You my frend have helped me with neither!!!NKT
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Govmusili
#6 Posted : Tuesday, April 05, 2011 12:09:01 PM
Rank: New-farer

Joined: 1/13/2010
Posts: 85
Location: Nairobi
im going to buy anyway. Im liking banks right now coop n eb especially
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Njung'e
#7 Posted : Tuesday, April 05, 2011 12:10:31 PM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
Govmusili wrote:

nugu


Suppose you express yourself bila kutumia matusi?
Nothing great was ever achieved without enthusiasm.
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Magnetic Touch
#8 Posted : Tuesday, April 05, 2011 12:12:00 PM
Rank: Member

Joined: 12/31/2008
Posts: 90
Govmusili wrote:
nugu, how can i blame some1 yet no1 put agun to my head. Im simply tryin 2 c if pple are seeing things the way iam or if there r other schools of thought. You my frend have helped me with neither!!!NKT


OK, BBK's profits will grow when compared to last year's first quarter. The split is a bit far off , so if you are looking to make money in the very short term, it may not be that easy.

ATM, Barclays is more of a defensive stock. I would buy it closer to the split.

So now what are you ae going to call me if the price goes up after I said you should not buy it to speculate? A bigger nugu?Shame on you
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Govmusili
#9 Posted : Tuesday, April 05, 2011 1:53:01 PM
Rank: New-farer

Joined: 1/13/2010
Posts: 85
Location: Nairobi
"Stop trying to carry out an opinion poll, so that you can blame someone else if you do not achieve your goal."

This is the part i called u nugu for, If i dont buy based on ur advise and the price rises ill not call u a bigger nugu coz like i said u didnt put a gun to my head.
And if i do chose not to buy it wont be solely coz of ur recomedation, what kind of investor wuld i be if I start makeing decisions based solely on the thoughts of some1 i dont kno.

Lakini sincerely thankx 4 ur thoughts, but u must also admit ur 2nd post was more helpful than the 1st ama??
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  | | Edit by user: Tuesday, April 05, 2011 1:55 PM | Reason: Not specified
Muthawamunene
#10 Posted : Tuesday, April 05, 2011 2:33:14 PM
Rank: Member

Joined: 1/3/2011
Posts: 264
Location: Nairobi
Govmusili wrote:
Hey guyz, when exactly is bbk splitting, im very interestd for the very short term. I want to buy at 59, do u guyz think i shuld buy b4 or after the split???

Suppose there was no wazua? what would you have done? go to loliondo?

call me nugu and prove that the opinion am starting to formulate in my head is correct!!
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