Wazua
»
Investor
»
Stocks
»
Kengen success
Rank: Veteran Joined: 12/11/2006 Posts: 930
|
Waiting to load these at 5bob n below “Invest in yourself. Your career is the engine of your wealth.”
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
Aguytrying wrote:moneydust wrote:h2s wrote:Why would one buy the rights at above the prevailing market price of the share? Two more trading days and the price will be lower than 6.55. What would be the rationale for the share to trade below the rights price? Too much pessimism around.. We've seen this too Many times. Today the price dropped 10%. One thing about money is that it's clever and it thinks about making more money. Trust me any company doing a killer rights issue does not have its shareholders best interests at heart. Otherwise they wouldn't dilute shareholders like that. This is more of an IPO than a rights issue. Do the math After the rights exercise have released too much shares into the market, a free fall is likely. It will be a good time to buy. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Member Joined: 1/31/2007 Posts: 304
|
Spikes wrote:Aguytrying wrote:moneydust wrote:h2s wrote:Why would one buy the rights at above the prevailing market price of the share? Two more trading days and the price will be lower than 6.55. What would be the rationale for the share to trade below the rights price? Too much pessimism around.. We've seen this too Many times. Today the price dropped 10%. One thing about money is that it's clever and it thinks about making more money. Trust me any company doing a killer rights issue does not have its shareholders best interests at heart. Otherwise they wouldn't dilute shareholders like that. This is more of an IPO than a rights issue. Do the math After the rights exercise have released too much shares into the market, a free fall is likely. It will be a good time to buy. For this one I think something drastic needs to happen for the price to decidedly go below the rights price After the rights the free floating shares will be around 2Billion and a significant amount of this will be held by institutions.I therefore dont see the massive oversupply of shares your talking about.
|
|
|
Rank: Member Joined: 2/28/2014 Posts: 188 Location: Nairobi
|
Spikes wrote:Aguytrying wrote:moneydust wrote:h2s wrote:Why would one buy the rights at above the prevailing market price of the share? Two more trading days and the price will be lower than 6.55. What would be the rationale for the share to trade below the rights price? Too much pessimism around.. We've seen this too Many times. Today the price dropped 10%. One thing about money is that it's clever and it thinks about making more money. Trust me any company doing a killer rights issue does not have its shareholders best interests at heart. Otherwise they wouldn't dilute shareholders like that. This is more of an IPO than a rights issue. Do the math After the rights exercise have released too much shares into the market, a free fall is likely. It will be a good time to buy. I remember when people used to say safaricom has too many shares in the market...this is a buy for me and i will exercise my rights...the business is fundamentally strong and a steal at even 7 Bob...funny the market didn't panic as much as I expected today...chances are it won't drop below 7 Bob.....the only fear i have is if in the near future there's a change of management due to poor political appointees who may mismanage it.otherwise the current management is strong for me and will help realize the true value of kengen and it's businesss model Offering my personal finance knowledge for free
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
nashx wrote:Spikes wrote:Aguytrying wrote:moneydust wrote:h2s wrote:Why would one buy the rights at above the prevailing market price of the share? Two more trading days and the price will be lower than 6.55. What would be the rationale for the share to trade below the rights price? Too much pessimism around.. We've seen this too Many times. Today the price dropped 10%. One thing about money is that it's clever and it thinks about making more money. Trust me any company doing a killer rights issue does not have its shareholders best interests at heart. Otherwise they wouldn't dilute shareholders like that. This is more of an IPO than a rights issue. Do the math After the rights exercise have released too much shares into the market, a free fall is likely. It will be a good time to buy. I remember when people used to say safaricom has too many shares in the market...this is a buy for me and i will exercise my rights...the business is fundamentally strong and a steal at even 7 Bob...funny the market didn't panic as much as I expected today...chances are it won't drop below 7 Bob.....the only fear i have is if in the near future there's a change of management due to poor political appointees who may mismanage it.otherwise the current management is strong for me and will help realize the true value of kengen and it's businesss model You are playing around the epicentre of middle east earthquake. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Member Joined: 2/28/2014 Posts: 188 Location: Nairobi
|
Spikes wrote:nashx wrote:Spikes wrote:Aguytrying wrote:moneydust wrote:h2s wrote:Why would one buy the rights at above the prevailing market price of the share? Two more trading days and the price will be lower than 6.55. What would be the rationale for the share to trade below the rights price? Too much pessimism around.. We've seen this too Many times. Today the price dropped 10%. One thing about money is that it's clever and it thinks about making more money. Trust me any company doing a killer rights issue does not have its shareholders best interests at heart. Otherwise they wouldn't dilute shareholders like that. This is more of an IPO than a rights issue. Do the math After the rights exercise have released too much shares into the market, a free fall is likely. It will be a good time to buy. I remember when people used to say safaricom has too many shares in the market...this is a buy for me and i will exercise my rights...the business is fundamentally strong and a steal at even 7 Bob...funny the market didn't panic as much as I expected today...chances are it won't drop below 7 Bob.....the only fear i have is if in the near future there's a change of management due to poor political appointees who may mismanage it.otherwise the current management is strong for me and will help realize the true value of kengen and it's businesss model You are playing around the epicentre of middle east earthquake. I guess time in the market will tell...if I'm wrong there will be a good lesson to learn...if I'm right then...I will be smiling to the bank. Full disclosure...My weighted buying price is 6.5 before exercising the rights...I am looking to stay in the counter 2 to 5 years unless of course something shifts significantly with its fundamentals Offering my personal finance knowledge for free
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
nashx wrote:Spikes wrote:nashx wrote:Spikes wrote:Aguytrying wrote:moneydust wrote:h2s wrote:Why would one buy the rights at above the prevailing market price of the share? Two more trading days and the price will be lower than 6.55. What would be the rationale for the share to trade below the rights price? Too much pessimism around.. We've seen this too Many times. Today the price dropped 10%. One thing about money is that it's clever and it thinks about making more money. Trust me any company doing a killer rights issue does not have its shareholders best interests at heart. Otherwise they wouldn't dilute shareholders like that. This is more of an IPO than a rights issue. Do the math After the rights exercise have released too much shares into the market, a free fall is likely. It will be a good time to buy. I remember when people used to say safaricom has too many shares in the market...this is a buy for me and i will exercise my rights...the business is fundamentally strong and a steal at even 7 Bob...funny the market didn't panic as much as I expected today...chances are it won't drop below 7 Bob.....the only fear i have is if in the near future there's a change of management due to poor political appointees who may mismanage it.otherwise the current management is strong for me and will help realize the true value of kengen and it's businesss model You are playing around the epicentre of middle east earthquake. I guess time in the market will tell...if I'm wrong there will be a good lesson to learn...if I'm right then...I will be smiling to the bank. Full disclosure...My weighted buying price is 6.5 before exercising the rights...I am looking to stay in the counter 2 to 5 years unless of course something shifts significantly with its fundamentals There will always be buyers and sellers in the market. Right now it's makes sense for someone to sell some at 8 and get back for rights at 6.55. Whoever does not take up rights will be diluted in a big way. Life is short. Live passionately.
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
|
Share price bouncing back. It was going to be hard for the counter to go below the rights issue price. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Veteran Joined: 11/13/2015 Posts: 1,653
|
Ericsson wrote:Share price bouncing back.
It was going to be hard for the counter to go below the rights issue price. PPT action  The only thing to buy in kengen is the cashflow. I want to see the IM to determine the cash flow per share. I think the cash flow per share will be less than the offer price of 6.55/=. 70:30 debt:equity is crazy considering the strengthening yen
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
wukan wrote:Ericsson wrote:Share price bouncing back.
It was going to be hard for the counter to go below the rights issue price. PPT action The only thing to buy in kengen is the cashflow. I want to see the IM to determine the cash flow per share. I think the cash flow per share will be less than the offer price of 6.55/=. 70:30 debt:equity is crazy considering the strengthening yen This has been discussed and settled. Kengen recovers Forex losses from KPLC Life is short. Live passionately.
|
|
|
Wazua
»
Investor
»
Stocks
»
Kengen success
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.