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CO-OPERATIVE BANK RIGHTS ISSUE
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gesowan
#1 Posted : Thursday, May 12, 2011 5:18:50 AM
Rank: Member

Joined: 11/6/2010
Posts: 289
we are likely to get these shares for a song,for sure they will be undersubscribed,so simply buy a few lets say the minimum 100 and then wait to get your rights and more,we did this for KCB and KPLC,i understand the price will be KSH 8.
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Cde Monomotapa
#2 Posted : Thursday, May 12, 2011 7:36:23 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
If the price will be @ 8 bob then the stock is currently trading on the NSE at TOO HUGE a premium. Thus, I doubt it would be 8 bob for the Rights, and isn't 8 bob below IPO price? IMHO, 8 bob is mis-leading.
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For Sport
#3 Posted : Thursday, May 12, 2011 7:54:39 AM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
@ Geoswan..your source?
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jerry
#4 Posted : Thursday, May 12, 2011 8:24:44 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Cde Monomotapa wrote:
If the price will be @ 8 bob then the stock is currently trading on the NSE at TOO HUGE a premium. Thus, I doubt it would be 8 bob for the Rights, and isn't 8 bob below IPO price? IMHO, 8 bob is mis-leading.

=>It's Gesowan misleading.
The opposite of courage is not cowardice, it's conformity.
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informed
#5 Posted : Thursday, May 12, 2011 11:19:21 AM
Rank: New-farer

Joined: 5/7/2010
Posts: 5
when is the Co-op right commencing? but going with the trend of rights in the market i figure the minimum is 100
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Magnetic Touch
#6 Posted : Thursday, May 12, 2011 11:23:11 AM
Rank: Member

Joined: 12/31/2008
Posts: 90
BTW, who says that there will be a rights issue?
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Iborian
#7 Posted : Thursday, May 12, 2011 11:52:31 AM
Rank: Member

Joined: 4/17/2009
Posts: 194
Magnetic Touch wrote:
BTW, who says that there will be a rights issue?


What do you meanSad{|= . Kwani you do not read the Grapevine Shame on you - It is in the latest issue. The rights will commence on Saturday, 28th May on the day following the AGM. The price is actually 3/= not 8/=. The ratio is 0:1Think Yes! And I forgot to add anyone attending the AGM will be awarded 1,000 rights on the spotApplause Applause Applause . See you there.
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jerry
#8 Posted : Thursday, May 12, 2011 12:04:45 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
@Ivorian!Take ur jokes to Ivory Coast. Wazua is for serious investors.
The opposite of courage is not cowardice, it's conformity.
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Iborian
#9 Posted : Thursday, May 12, 2011 12:36:54 PM
Rank: Member

Joined: 4/17/2009
Posts: 194
Ata wewe hutaki kuamini? Be a sport. BTW, uliacha Tom wapi, Bw Jerry?

jerry wrote:
@Ivorian!Take ur jokes to Ivory Coast. Wazua is for serious investors.
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Renegade
#10 Posted : Thursday, May 12, 2011 12:54:32 PM
Rank: Member

Joined: 4/18/2009
Posts: 118
And THE AWARD FOR COMEDIAN OF THE WEEK GOES TO ...

This is funny Laughing out loudly .

Iborian wrote:
What do you meanSad{|= . Kwani you do not read the Grapevine Shame on you - It is in the latest issue. The rights will commence on Saturday, 28th May on the day following the AGM. The price is actually 3/= not 8/=. The ratio is 0:1Think Yes! And I forgot to add anyone attending the AGM will be awarded 1,000 rights on the spotApplause Applause Applause . See you there.
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