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kengen announcement :rights issue resolution
mthaka
#1 Posted : Wednesday, November 11, 2015 9:03:22 AM
Rank: Member

Joined: 9/30/2013
Posts: 254
In today's Standard pg 18,we are on with this ,we discuss it during our AGM on 16th Dec 2015
Sam_Kibs
#2 Posted : Wednesday, November 11, 2015 12:26:19 PM
Rank: New-farer

Joined: 7/1/2015
Posts: 67
seems like it will be rights issue of 2 for every 1 held?
“It’s no good, it’s no good!” says the buyer—
then goes off and boasts about the purchase-Proverbs 20:14
Ericsson
#3 Posted : Wednesday, November 11, 2015 12:33:42 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
Someone put the caption of the rights issue in the forum
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Pesa Nane
#4 Posted : Wednesday, November 11, 2015 2:17:00 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Ericsson wrote:
Someone put the caption of the rights issue in the forum


Pesa Nane plans to be shilingi when he grows up.
instinct
#5 Posted : Wednesday, November 11, 2015 10:16:47 PM
Rank: Member

Joined: 8/17/2007
Posts: 294
Meaning what? We should revalue this stock at 2bob? 7billion new shares!! Thats almost 4 times the number of existing shares. Jeez!!!
enyands
#6 Posted : Wednesday, November 11, 2015 10:27:59 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
instinct wrote:
Meaning what? We should revalue this stock at 2bob? 7billion new shares!! Thats almost 4 times the number of existing shares. Jeez!!!



That's a good deal man. Your shares will go 4 times . If you had 20,000 then it becomes 80,000. Who doesn't want that. Well with 2 shillings i can mass alot
Angelica _ann
#7 Posted : Wednesday, November 11, 2015 10:31:49 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
enyands wrote:
instinct wrote:
Meaning what? We should revalue this stock at 2bob? 7billion new shares!! Thats almost 4 times the number of existing shares. Jeez!!!



That's a good deal man. Your shares will go 4 times . If you had 20,000 then it becomes 80,000. Who doesn't want that. Well with 2 shillings i can mass alot

Boss this is not a split or bonus. You will have to buy/purchase the extra shares!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
enyands
#8 Posted : Wednesday, November 11, 2015 10:34:18 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Angelica _ann wrote:
enyands wrote:
instinct wrote:
Meaning what? We should revalue this stock at 2bob? 7billion new shares!! Thats almost 4 times the number of existing shares. Jeez!!!



That's a good deal man. Your shares will go 4 times . If you had 20,000 then it becomes 80,000. Who doesn't want that. Well with 2 shillings i can mass alot

Boss this is not a split or bonus. You will have to buy/purchase the extra shares!!!



I know. Was trying to put the brother's spirit up.
instinct
#9 Posted : Wednesday, November 11, 2015 10:42:09 PM
Rank: Member

Joined: 8/17/2007
Posts: 294
enyands wrote:
Angelica _ann wrote:
enyands wrote:
instinct wrote:
Meaning what? We should revalue this stock at 2bob? 7billion new shares!! Thats almost 4 times the number of existing shares. Jeez!!!



That's a good deal man. Your shares will go 4 times . If you had 20,000 then it becomes 80,000. Who doesn't want that. Well with 2 shillings i can mass alot

Boss this is not a split or bonus. You will have to buy/purchase the extra shares!!!



I know. Was trying to put the brother's spirit up.


Its terrible.. If what happened to HF is anything to go by then we're looking at 3bob by December..
Spikes
#10 Posted : Thursday, November 12, 2015 6:59:52 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
I pity those guys who swerved in impulsively after the announcement of record high profit. Some were screwed exorbitantly 11bob per share and watched as tears rolled down their eyes as the price went down every second till today. If since then they have not exited bruised with more massive losses than the mantra to jump in naively are just waiting for a disaster. Poleni wasee!!!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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