wazua Thu, Apr 30, 2026
Welcome Guest Search | Active Topics | Log In

25 Pages«<1819202122>»
KCB and NBK material announcement
Options
Previous Topic · Next Topic
obiero
#191 Posted : Saturday, August 24, 2019 8:54:52 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,320
Location: nairobi
tandich wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on
You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage
What is the performance rate so far? KCB wamefikisha 75%?
All they need is Treasury & NSSF for just over 93% Source: Shareholder Circular on conversation of preference shares to ordinary shares
NSSF and treasury have stumbled onto a gold mine
COOP, IMH, KEGN, KQ, MTNU
Back to top
WWW
  |
Angelica _ann
#192 Posted : Saturday, August 24, 2019 9:30:04 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,937
obiero wrote:
tandich wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on
You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage
What is the performance rate so far? KCB wamefikisha 75%?
All they need is Treasury & NSSF for just over 93% Source: Shareholder Circular on conversation of preference shares to ordinary shares
NSSF and treasury have stumbled onto a gold mine
That was some serious dilution for the rest by Treasury and NSSF.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top
  |
obiero
#193 Posted : Saturday, August 24, 2019 10:48:25 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,320
Location: nairobi
Angelica _ann wrote:
obiero wrote:
tandich wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on
You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage
What is the performance rate so far? KCB wamefikisha 75%?
All they need is Treasury & NSSF for just over 93% Source: Shareholder Circular on conversation of preference shares to ordinary shares
NSSF and treasury have stumbled onto a gold mine
That was some serious dilution for the rest by Treasury and NSSF.
I wonder how else those preference shares would have ever been realized. Minority NBK shareholders should thank their God
COOP, IMH, KEGN, KQ, MTNU
Back to top
WWW
  |
Ericsson
#194 Posted : Sunday, August 25, 2019 5:28:47 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
tandich wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on
You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage
What is the performance rate so far? KCB wamefikisha 75%?
All they need is Treasury & NSSF for just over 93% Source: Shareholder Circular on conversation of preference shares to ordinary shares
Conversion to be done once approval of the acquisition has been achieved. The shareholding to be used for approval is the one before conversion of preference shares. Once they achieve the 75% it will be a two step process. Convert the preference to ordinary then recalculate the shareholding. Then swap with newly issued kcb shares The subtotal on the existing number of shares column is what KCB needs for the acquisition to take place
Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
Back to top
WWW
  | | Edit by user: Sunday, August 25, 2019 5:33 PM | Reason: Not specified
Ericsson
#195 Posted : Monday, August 26, 2019 11:27:59 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
tandich wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on
You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage
What is the performance rate so far? KCB wamefikisha 75%?
All they need is Treasury & NSSF for just over 93% Source: Shareholder Circular on conversation of preference shares to ordinary shares
What if NSSF demands higher valuation
Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
obiero
#196 Posted : Monday, August 26, 2019 12:50:19 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,320
Location: nairobi
Ericsson wrote:
tandich wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on
You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage
What is the performance rate so far? KCB wamefikisha 75%?
All they need is Treasury & NSSF for just over 93% Source: Shareholder Circular on conversation of preference shares to ordinary shares
What if NSSF demands higher valuation
Never will happen in a million years.. The bank was just about to dye in a few moments and the only available doctor has arrived at the bedside with recovery medicine!
COOP, IMH, KEGN, KQ, MTNU
Back to top
WWW
  |
VituVingiSana
#197 Posted : Monday, August 26, 2019 2:01:43 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,375
Location: Nairobi
Ericsson wrote:
tandich wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on
You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage
What is the performance rate so far? KCB wamefikisha 75%?
All they need is Treasury & NSSF for just over 93% Source: Shareholder Circular on conversation of preference shares to ordinary shares
What if NSSF demands higher valuation
If this deal dies then CBK should inform the shareholders of NBK that they have 3 months to recapitalize the bank failing which it goes under KDIC. KDIC can than sell the assets to whoever wants them. If anything is left over the shareholders can have it.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
obiero
#198 Posted : Monday, August 26, 2019 2:11:35 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,320
Location: nairobi
VituVingiSana wrote:
Ericsson wrote:
tandich wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on
You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage
What is the performance rate so far? KCB wamefikisha 75%?
All they need is Treasury & NSSF for just over 93% Source: Shareholder Circular on conversation of preference shares to ordinary shares
What if NSSF demands higher valuation
If this deal dies then CBK should inform the shareholders of NBK that they have 3 months to recapitalize the bank failing which it goes under KDIC. KDIC can than sell the assets to whoever wants them. If anything is left over the shareholders can have it.
4 days remain
COOP, IMH, KEGN, KQ, MTNU
Back to top
WWW
  |
watesh
#199 Posted : Monday, August 26, 2019 2:17:26 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
Ericsson wrote:
tandich wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on
You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage
What is the performance rate so far? KCB wamefikisha 75%?
All they need is Treasury & NSSF for just over 93% Source: Shareholder Circular on conversation of preference shares to ordinary shares
What if NSSF demands higher valuation
A small bank run can be triggered and it collapses
Back to top
WWW
  |
obiero
#200 Posted : Monday, August 26, 2019 2:25:38 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,320
Location: nairobi
watesh wrote:
Ericsson wrote:
tandich wrote:
Ericsson wrote:
obiero wrote:
Ericsson wrote:
NBK shares no trading going on
You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage
What is the performance rate so far? KCB wamefikisha 75%?
All they need is Treasury & NSSF for just over 93% Source: Shareholder Circular on conversation of preference shares to ordinary shares
What if NSSF demands higher valuation
A small bank run can be triggered and it collapses
The fact is that the current events are formalities. The deal is done and dusted
COOP, IMH, KEGN, KQ, MTNU
Back to top
WWW
  |
25 Pages«<1819202122>»
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.