wazua Sat, Mar 21, 2026
Welcome Guest Search | Active Topics | Log In

136 Pages«<7778798081>»
KCB buy buy buy
Options
Previous Topic · Next Topic
gatoho
#781 Posted : Monday, June 12, 2017 7:32:11 AM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
What becomes of NBK shares??
Foresight..
Back to top
  |
Gatheuzi
#782 Posted : Monday, June 12, 2017 7:53:12 AM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
gatoho wrote:
What becomes of NBK shares??

National treasury and NSSF's stake in NBK will be converted into KCB shares through a share swap bringing their combined stake to 30%. Wanjikus will also be alloted KCB shares.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
Back to top
  |
Horton
#783 Posted : Monday, June 12, 2017 8:16:16 AM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Mkondoa Macho wrote:
obiero wrote:
Ericsson wrote:
sparkly wrote:
obiero wrote:
[quote=mamilli]Haiya...kcb to buyout nbk

http://www.nation.co.ke/...64706-4w5leu/index.html[/quote]
This is big news


NBK has too many skeletons. Not a good acquisition for KCB.


Cheap deposits in terms of KRA, TSC money.
Those skeletons will be dealt with ruthlessly.
Some time back Equity bank and Stanbic were also interested in acquiring NBK

KCB will now own 70% of NBK and 9% of KQ.. ya dunia ni mengi

KCB shareholders should be alarmed when the bank starts buying junk. NBK and KQ are just bad investments.



Extremely prudent move by KCB. Anyone read the paragraph starting with "buried in the fine print....gava will be forced to close all other accounts in other banks ...and open a mother of all gava account at KCB"
Back to top
  |
cyruskulei
#784 Posted : Monday, June 12, 2017 8:39:14 AM
Rank: Member

Joined: 3/9/2010
Posts: 320
Location: kenya
I strongly doubt if those new ventures will generate any positive returns. The advisers wants to make KCB a junk like the other two. Be careful.
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
Back to top
  |
mlennyma
#785 Posted : Monday, June 12, 2017 9:11:16 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
cyruskulei wrote:
I strongly doubt if those new ventures will generate any positive returns. The advisers wants to make KCB a junk like the other two. Be careful.

Unless they want to benefit from government funds which are channelled here I also don't see it as a venture that can cause a massive advantage
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
  | | Edit by user: Monday, June 12, 2017 9:13 AM | Reason: Not specified
Ericsson
#786 Posted : Monday, June 12, 2017 9:19:28 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Horton wrote:
Mkondoa Macho wrote:
obiero wrote:
Ericsson wrote:
sparkly wrote:
obiero wrote:
[quote=mamilli]Haiya...kcb to buyout nbk

http://www.nation.co.ke/...64706-4w5leu/index.html[/quote]
This is big news


NBK has too many skeletons. Not a good acquisition for KCB.


Cheap deposits in terms of KRA, TSC money.
Those skeletons will be dealt with ruthlessly.
Some time back Equity bank and Stanbic were also interested in acquiring NBK

KCB will now own 70% of NBK and 9% of KQ.. ya dunia ni mengi

KCB shareholders should be alarmed when the bank starts buying junk. NBK and KQ are just bad investments.



Extremely prudent move by KCB. Anyone read the paragraph starting with "buried in the fine print....gava will be forced to close all other accounts in other banks ...and open a mother of all gava account at KCB"


Closing all other accounts in other bank accounts and open a mother gava account at KCB not wise/fair and will most likely be rejected.
I don't see the proposal seeing the light of the day
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
Ericsson
#787 Posted : Monday, June 12, 2017 11:53:11 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
KCB share price losing while NBK highest gainer today
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
sparkly
#788 Posted : Monday, June 12, 2017 12:43:38 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Horton wrote:
Mkondoa Macho wrote:
obiero wrote:
Ericsson wrote:
sparkly wrote:
obiero wrote:
[quote=mamilli]Haiya...kcb to buyout nbk

http://www.nation.co.ke/...64706-4w5leu/index.html[/quote]
This is big news


NBK has too many skeletons. Not a good acquisition for KCB.


Cheap deposits in terms of KRA, TSC money.
Those skeletons will be dealt with ruthlessly.
Some time back Equity bank and Stanbic were also interested in acquiring NBK

KCB will now own 70% of NBK and 9% of KQ.. ya dunia ni mengi

KCB shareholders should be alarmed when the bank starts buying junk. NBK and KQ are just bad investments.



Extremely prudent move by KCB. Anyone read the paragraph starting with "buried in the fine print....gava will be forced to close all other accounts in other banks ...and open a mother of all gava account at KCB"


Unless KCB becomes the new Central Central Bank.
Life is short. Live passionately.
Back to top
  |
sparkly
#789 Posted : Monday, June 12, 2017 12:56:03 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
cyruskulei wrote:
I strongly doubt if those new ventures will generate any positive returns. The advisers wants to make KCB a junk like the other two. Be careful.


People should beware of M&A transactions... They are complex on paper, they cost tonnes of money in terms of advisory fees yet more often than not destroy value for the shareholders.

Good example is CFC Stanbic Reverse Merger. Stanbic is still armotizing goodwill paid to Njonjo and Co while their balance sheet grossly underperforms smaller banks like NIC.
Life is short. Live passionately.
Back to top
  |
mlennyma
#790 Posted : Monday, June 12, 2017 1:16:38 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Ericsson wrote:
KCB share price losing while NBK highest gainer today

Because the monkey is escaping death narrowly
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
  |
136 Pages«<7778798081>»
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.