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bartum		#241 Posted : Wednesday, September 03, 2014 6:03:14 PM
Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi		MaichBlack wrote: I didn't get in! Changed my mind a number of times!! Initially I was to get in. After doing some homework, I decided not to get in. More homework and I decided maybe I should. A couple of assignments and a term paper later I decided not to get in. As late as Friday morning, I had decided to put quite a good amount into this share then I changed my mind during the day. However this turns out, I will be a keen observer. I will want to see how much I would have lost or made coz as I said I was to get in big time! I will not make or lose any money now but it will help me analyze how good my homework, assignments and term paper were! you made my evening
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Aguytrying		#242 Posted : Wednesday, September 03, 2014 6:36:47 PM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		sparkly wrote: Wait for the refunds, and a mad rally after the listing! This one will hit 40 bob within days of listing! Bookmark this post. its interesting how our views converge at the crucible of share knowledge at times. this is the perfect time for an ipo before happy times are over. The investor's chief problem - and even his worst enemy - is likely to be himself
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MKWASI		#243 Posted : Thursday, September 04, 2014 8:26:11 AM
Rank: Member Joined: 4/20/2012 Posts: 888		About 4 Billion is sitting in broker's accounts/NSE as refunds. This is a serious issue given the opportunity costs of such funds. Why can't we explore ways of committing funds but not necessarily channeling funds to the institutions. Once the criteria of allocation is done, I suppose they should wire the refunds immediately.
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Sufficiently Philanga....thropic		#244 Posted : Thursday, September 04, 2014 9:32:24 AM
Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli		MKWASI wrote: About 4 Billion is sitting in broker's accounts/NSE as refunds. This is a serious issue given the opportunity costs of such funds. Why can't we explore ways of committing funds but not necessarily channeling funds to the institutions. Once the criteria of allocation is done, I suppose they should wire the refunds immediately. The reason why you have a rally! Wait until the refunds check in.Smart money will sell to dumb money! @SufficientlyP
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VituVingiSana		#245 Posted : Thursday, September 04, 2014 9:41:47 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,361 Location: Nairobi		sparkly wrote: Wait for the refunds, and a mad rally after the listing! This one will hit 40 bob within days of listing! Bookmark this post. Wonderful. Can I sell you mine today for 35? I will sign an affidavit or Sale Agreement that the proceeds are all yours. Heck! I will even pay your Sale Commission [2%] for you as long as you sell within 1 year. You will make 5/- nett within days. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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mwekez@ji		#246 Posted : Thursday, September 04, 2014 9:47:32 AM
Rank: Chief Joined: 5/31/2011 Posts: 5,121		MKWASI wrote: About 4 Billion is sitting in broker's accounts/NSE as refunds. This is a serious issue given the opportunity costs of such funds. Why can't we explore ways of committing funds but not necessarily channeling funds to the institutions. Once the criteria of allocation is done, I suppose they should wire the refunds immediately. It happens. In DTB rights issue, i know a chap who bought 200 shares before books closure and then applied for rights worth Kes. 1B via an Irrevocable Bank Guarantee. On allocation, he only paid Kes. 58.3M (which is what was allocated to him following the overscription)
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patrazi		#247 Posted : Thursday, September 04, 2014 2:19:24 PM
Rank: New-farer Joined: 7/18/2012 Posts: 76		Crediting of CDS accounts and refunds is today by 5pm. Anyone who has so far received any?
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Aguytrying		#248 Posted : Thursday, September 04, 2014 3:27:19 PM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		patrazi wrote: Crediting of CDS accounts and refunds is today by 5pm. Anyone who has so far received any? refunds today?? I thought it takes time?? The investor's chief problem - and even his worst enemy - is likely to be himself
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mnandii		#249 Posted : Thursday, September 04, 2014 3:33:29 PM
Rank: Elder Joined: 10/11/2006 Posts: 2,304		Aguytrying wrote: patrazi wrote: Crediting of CDS accounts and refunds is today by 5pm. Anyone who has so far received any? refunds today?? I thought it takes time?? I'll watch this NSE stock keenly. The biggest oversubscription in market history and near a market top! Interesting stuff! 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.
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BGL		#250 Posted : Thursday, September 04, 2014 3:40:28 PM
Rank: Veteran Joined: 10/11/2009 Posts: 1,223		I BGL inc has received my refund via EFT an hour ago. Ofcourse the receiving bank was coop bank so i guess the promptness. Upload of what i have been allocated to me not yet credited. 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
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