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bbk split??
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jkmaich
#11 Posted : Tuesday, April 05, 2011 2:54:36 PM
Rank: New-farer

Joined: 4/5/2011
Posts: 14
I thought this is what went down Barclays Bank announced a Share Split in the ratio 4 for every 1 held on 22-Feb-2011. Books closure 30-Mar-2011. Shares Split available for trading on 13-Jun-2011.
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lovely2010
#12 Posted : Tuesday, April 05, 2011 3:03:14 PM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
jkmaich wrote:
I thought this is what went down Barclays Bank announced a Share Split in the ratio 4 for every 1 held on 22-Feb-2011. Books closure 30-Mar-2011. Shares Split available for trading on 13-Jun-2011.


They changed dates...

@Gov...Personally, I wouldnt want to buy bbk @ 59, I would rather buy after split...just my opnion...
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2012
#13 Posted : Tuesday, April 05, 2011 3:23:20 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
lovely2010 wrote:
Personally, I wouldnt want to buy bbk @ 59, I would rather buy after split...just my opnion...


Hata mimi.

BBI will solve it :)
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Gadaffi
#14 Posted : Tuesday, April 05, 2011 6:09:18 PM
Rank: Member

Joined: 2/13/2011
Posts: 284
Location: Nairobi
2012 wrote:
lovely2010 wrote:
Personally, I wouldnt want to buy bbk @ 59, I would rather buy after split...just my opnion...


Hata mimi.

i disagree, at 59 wld be a good deal. am lookin at it this way; bbk will be more affordable 2 'wanjiku'at a price of around 14 bob n its stability n prestige may drive wanjiku to hv a piece of it...jus my view
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youcan'tstopusnow
#15 Posted : Tuesday, April 05, 2011 7:33:04 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Gadaffi wrote:
2012 wrote:
lovely2010 wrote:
Personally, I wouldnt want to buy bbk @ 59, I would rather buy after split...just my opnion...


Hata mimi.

i disagree, at 59 wld be a good deal. am lookin at it this way; bbk will be more affordable 2 'wanjiku'at a price of around 14 bob n its stability n prestige may drive wanjiku to hv a piece of it...jus my view

When Equity split at 130, it stayed at 13 for quite a while. But from there we all know where it went..
GOD BLESS YOUR LIFE
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miser
#16 Posted : Wednesday, April 06, 2011 10:43:22 AM
Rank: Member

Joined: 7/7/2008
Posts: 124
The closure date came and went and nothing changed,meaning?So what are we buying and selling now?Pre-splits,post-splits,splits or none of those?Arrgh....someone educate me!This bookclosure date meant what?Thought by now the share would have gone ex-split at the price of around fifteen bob.
And what would happen if at the AGM the shareholders say no to the split?
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2012
#17 Posted : Wednesday, April 06, 2011 11:12:19 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
youcan'tstopusnow wrote:
Gadaffi wrote:
2012 wrote:
lovely2010 wrote:
Personally, I wouldnt want to buy bbk @ 59, I would rather buy after split...just my opnion...


Hata mimi.

i disagree, at 59 wld be a good deal. am lookin at it this way; bbk will be more affordable 2 'wanjiku'at a price of around 14 bob n its stability n prestige may drive wanjiku to hv a piece of it...jus my view

When Equity split at 130, it stayed at 13 for quite a while. But from there we all know where it went..


Equity doesn't have 5.4b shares.

BBI will solve it :)
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Gadaffi
#18 Posted : Wednesday, April 06, 2011 6:05:57 PM
Rank: Member

Joined: 2/13/2011
Posts: 284
Location: Nairobi
just love the new bbk robocop-ndombolo advert, reminds me of the gud old days...
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Aguytrying
#19 Posted : Wednesday, April 06, 2011 7:47:22 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
More shares basically increase liquidity, meaning more buying and selling, this doesn't necessarily mean the price will go up. i think it has/had a better chance of going up pre-split. too many sellers is a problem
The investor's chief problem - and even his worst enemy - is likely to be himself
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miser
#20 Posted : Wednesday, April 13, 2011 11:20:36 AM
Rank: Member

Joined: 7/7/2008
Posts: 124
The closure date came and went and nothing changed,meaning?So what are we buying and selling now?Pre-splits,post-splits,splits or none of those?(Q asked on 6th April 2011)Arrgh....wacheni kuniassume,this query is still not yet answered!!!Na kama limewakanganya wanawazua,pasi hapa giza ni totoro....Kiswahili kitukuzwe wanahisa!!!
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  | | Edit by user: Wednesday, April 13, 2011 11:22 AM | Reason: Not specified
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