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NSE IPO
madebe
#221 Posted : Tuesday, September 02, 2014 4:34:33 PM
Rank: Member

Joined: 10/7/2010
Posts: 251
Location: nairobi
naskia 8 times oversubscription. Exchange bar people news???
BGL
#222 Posted : Tuesday, September 02, 2014 5:22:17 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
madebe wrote:
naskia 8 times oversubscription. Exchange bar people news???


Results will be officially announced tomorrow!
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
Aguytrying
#223 Posted : Tuesday, September 02, 2014 7:41:39 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
I don't see any reason why I can't ride this dragon and jump off when it sets itself on fire. and with much more than 500 shares. look where the nse 20 is. glad I didn't buy during ipo that over subscription...ouch with refunds
The investor's chief problem - and even his worst enemy - is likely to be himself
mnandii
#224 Posted : Tuesday, September 02, 2014 8:11:54 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Aguytrying wrote:
I don't see any reason why I can't ride this dragon and jump off when it sets itself on fire. and with much more than 500 shares. look where the nse 20 is. glad I didn't buy during ipo that over subscription...ouch with refunds

Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
jwatesh
#225 Posted : Tuesday, September 02, 2014 10:10:05 PM
Rank: Member

Joined: 8/19/2014
Posts: 125
Looks like am getting 500 shares. I will sell them on day one and stick to my bank stocks. Hope the price doubles
uchumi
#226 Posted : Tuesday, September 02, 2014 10:28:01 PM
Rank: Member

Joined: 9/16/2006
Posts: 234
http://www.nation.co.ke/...2/-/vjhwq4z/-/index.html
“I don’t regret the things I’ve done, I regret the things I didn’t do when I had the chance.”
obiero
#227 Posted : Tuesday, September 02, 2014 10:30:35 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,257
Location: nairobi
madebe wrote:
naskia 8 times oversubscription. Exchange bar people news???

damn. who exactly were buying this thing.. the largest oversubscription in East African securities exchange history

Kihara joni
#228 Posted : Tuesday, September 02, 2014 10:39:13 PM
Rank: Member

Joined: 5/8/2013
Posts: 386
Location: Nyali mombasa
madebe wrote:
naskia 8 times oversubscription. Exchange bar people news???


@NSEKenya IPO oversubscribed 6.6 times. Investors applied for 504.2m shares against 66mn shares on offer.

@NSEKenya 17,859 new shareholders to be allocated the minimum 500 shares & thereafter in multiples of 100 on prorata basis.

watching from a distance even though I just applied for the minimum 500.
Sober
#229 Posted : Tuesday, September 02, 2014 11:07:33 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
what! 663% oversubscription. lemmi wait for the refunds
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Sober
#230 Posted : Tuesday, September 02, 2014 11:18:38 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
Doing a quich calculation of 66 million shares against 17,000 accounts brings us to an average of 3,000 shares meaning anyone who applied for more than than should expect heavy refunds. This may be skewed as we may be having few applicants whose orders ran into millions of 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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