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Could the recent fall in the NSE be because of KPLC rights issue??
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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kyt wrote:can anyone get in if he is not a shareholder? When do books close? you probably have only a week to get in or you can risk waiting for the rights on the market because not all of us will take up our rights Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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guru267 wrote:you probably have only a week to get in or you can risk waiting for the rights on the market because not all of us will take up our rights I still don't see why a shareholder (with the exception of govt) would not take up these rights. The way I see it, only govt rights plus a decimal amount will be available and I wouldn't count on getting the govt ones for a song.
BBI will solve it :)
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Rank: Veteran Joined: 6/2/2010 Posts: 1,090
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Isn't KPLC trading today? I find it incredulous that not a single share has been bought/sold so far...
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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My 2 cents wrote:Isn't KPLC trading today? I find it incredulous that not a single share has been bought/sold so far... probably there's a demand supply mismatch Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 4/22/2009 Posts: 2,863
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Wait for the first trade today at 227/=. IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
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Rank: Veteran Joined: 6/2/2010 Posts: 1,090
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Finally, first trade at 220
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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Most buys were tageting a 202-208 prices when th sell orders hoped for a 210 region price. In tommorrows trading, this would have been corrected and we'll see a more uniform trend. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Elder Joined: 4/22/2009 Posts: 2,863
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..............And now its trading at 225/=. Was somebody deliberately trying to force an artificial low price lately? IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
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Rank: New-farer Joined: 9/2/2010 Posts: 26 Location: Nrb
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mwenza wrote:..............And now its trading at 225/=. Was somebody deliberately trying to force an artificial low price lately? Is there a phrase for the opposite of 'pump and sell'? I use supress and buy.
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Rank: Veteran Joined: 6/2/2010 Posts: 1,090
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Billionaire wrote:mwenza wrote:..............And now its trading at 225/=. Was somebody deliberately trying to force an artificial low price lately? Is there a phrase for the opposite of 'pump and sell'? I use supress and buy. Both of them are popular ways used to manipulate the market
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Could the recent fall in the NSE be because of KPLC rights issue??
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