sparkly wrote:Spikes wrote:sparkly wrote:Ericsson wrote:Share price naye imechapwa kiboko kali sana.
Mr Mkt is very funny
Mr Market is very afraid of the rights issue. Lets wait and see if the HY 2016 to be released at end of the month will be positive.
It will be positive results but Wanjiko will be timid to join at a premium fearing dilution of rights issue
@Spikes fear is already factored into the current price.
Suppose Kengen pays a 0.5/= Div per share post Rights?
I think soon or later institutional investors will be attracted to this stock. Without rights talk, Kengen should be trading circa 30.
They should explore the issue of partnership more than the rights. With many geothermal wells drilled, Kengen can attract private investors