@waithaka. I'm not a shareholder of KCB and I've never considered it. I'm just wondering what the management was thinking putting the issue price at 17/-? Now that their master plan for growth might not work out, what options do they have since borrowing the money is not a good option?

@ GORDON, valid question, KCB is so going down, i think they should call off the rights issue even if it means losses, the stock is going to trade below the rights price, if the offer goes ahead. my take 13-16 is the range.

Trully disastrous for this company...

For those who can't stomach heavy losses... time to get out and take cover.

For the preditors ... we wait and watch. Think i will realise my profits in cfc and put them in KCB.

to all and sundry, your pophecies of doom came to naught as the KCB share price has never dipped below seventeen. so, guess what, the rights issue will be a success! an over subsricption to be exact

Common sense...05-08-2010...they will announce the results of the rights issue..for now its to early to call others prophets of doom coz an under subscription can still send the price tumbling down...GOK never sold all its rights...