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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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hisah wrote:VituVingiSana wrote:hisah wrote:From TA perspective, the support cluster at 38 - 39 level had better hold. Otherwise the bears threat target projections are 35 then 30. Again I ask, why a rights issue in this defensive market. It sends an ugly signal. One of KCB's Capital Adequacy Ratio's excess was quite thin at FY 2015. The 10bn [& Scrip Dividend] is needed for the Chase acquisition + expansion. True. Even more urgent with the Chase deal on the table. But the market has been moving against banks months before. That's what I'm pointing out. should we expect a similar move by member going forward? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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mlennyma wrote:hisah wrote:VituVingiSana wrote:hisah wrote:From TA perspective, the support cluster at 38 - 39 level had better hold. Otherwise the bears threat target projections are 35 then 30. Again I ask, why a rights issue in this defensive market. It sends an ugly signal. One of KCB's Capital Adequacy Ratio's excess was quite thin at FY 2015. The 10bn [& Scrip Dividend] is needed for the Chase acquisition + expansion. True. Even more urgent with the Chase deal on the table. But the market has been moving against banks months before. That's what I'm pointing out. should we expect a similar move by member going forward? Line in the sand is 35 - 37 zone. Below that bears will aim for the 30 handle. Bulls need to push above 45 handle to put off the bear pressure. For now it's just a push-pull in between (ranging - sideways market). $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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hisah wrote:mlennyma wrote:hisah wrote:VituVingiSana wrote:hisah wrote:From TA perspective, the support cluster at 38 - 39 level had better hold. Otherwise the bears threat target projections are 35 then 30. Again I ask, why a rights issue in this defensive market. It sends an ugly signal. One of KCB's Capital Adequacy Ratio's excess was quite thin at FY 2015. The 10bn [& Scrip Dividend] is needed for the Chase acquisition + expansion. True. Even more urgent with the Chase deal on the table. But the market has been moving against banks months before. That's what I'm pointing out. should we expect a similar move by member going forward? Line in the sand is 35 - 37 zone. Below that bears will aim for the 30 handle. Bulls need to push above 45 handle to put off the bear pressure. For now it's just a push-pull in between (ranging - sideways market). I don't get it why KCB only finance growth, acquisitions through owner's equity. They have to go back to shareholders every 3-5 years. Not optimal, cost of equity is not cheap. Life is short. Live passionately.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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sparkly wrote:hisah wrote:mlennyma wrote:hisah wrote:VituVingiSana wrote:hisah wrote:From TA perspective, the support cluster at 38 - 39 level had better hold. Otherwise the bears threat target projections are 35 then 30. Again I ask, why a rights issue in this defensive market. It sends an ugly signal. One of KCB's Capital Adequacy Ratio's excess was quite thin at FY 2015. The 10bn [& Scrip Dividend] is needed for the Chase acquisition + expansion. True. Even more urgent with the Chase deal on the table. But the market has been moving against banks months before. That's what I'm pointing out. should we expect a similar move by member going forward? Line in the sand is 35 - 37 zone. Below that bears will aim for the 30 handle. Bulls need to push above 45 handle to put off the bear pressure. For now it's just a push-pull in between (ranging - sideways market). I don't get it why KCB only finance growth, acquisitions through owner's equity. They have to go back to shareholders every 3-5 years. Not optimal, cost of equity is not cheap. In contrast equity bank doesn't frequently do rights issue. Tells us all we need to know about the king of growth The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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What is the tax on script dividend. I can see in the circular that there is some tax to be charged Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya
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Aguytrying wrote:sparkly wrote:hisah wrote:mlennyma wrote:hisah wrote:VituVingiSana wrote:hisah wrote:From TA perspective, the support cluster at 38 - 39 level had better hold. Otherwise the bears threat target projections are 35 then 30. Again I ask, why a rights issue in this defensive market. It sends an ugly signal. One of KCB's Capital Adequacy Ratio's excess was quite thin at FY 2015. The 10bn [& Scrip Dividend] is needed for the Chase acquisition + expansion. True. Even more urgent with the Chase deal on the table. But the market has been moving against banks months before. That's what I'm pointing out. should we expect a similar move by member going forward? Line in the sand is 35 - 37 zone. Below that bears will aim for the 30 handle. Bulls need to push above 45 handle to put off the bear pressure. For now it's just a push-pull in between (ranging - sideways market). I don't get it why KCB only finance growth, acquisitions through owner's equity. They have to go back to shareholders every 3-5 years. Not optimal, cost of equity is not cheap. In contrast equity bank doesn't frequently do rights issue. Tells us all we need to know about the king of growth Equity has actually never done a rights issue, they are set to do one next year. KCB they have had quite a number
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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watesh wrote:Aguytrying wrote:sparkly wrote:hisah wrote:mlennyma wrote:hisah wrote:VituVingiSana wrote:hisah wrote:From TA perspective, the support cluster at 38 - 39 level had better hold. Otherwise the bears threat target projections are 35 then 30. Again I ask, why a rights issue in this defensive market. It sends an ugly signal. One of KCB's Capital Adequacy Ratio's excess was quite thin at FY 2015. The 10bn [& Scrip Dividend] is needed for the Chase acquisition + expansion. True. Even more urgent with the Chase deal on the table. But the market has been moving against banks months before. That's what I'm pointing out. should we expect a similar move by member going forward? Line in the sand is 35 - 37 zone. Below that bears will aim for the 30 handle. Bulls need to push above 45 handle to put off the bear pressure. For now it's just a push-pull in between (ranging - sideways market). I don't get it why KCB only finance growth, acquisitions through owner's equity. They have to go back to shareholders every 3-5 years. Not optimal, cost of equity is not cheap. In contrast equity bank doesn't frequently do rights issue. Tells us all we need to know about the king of growth Equity has actually never done a rights issue, they are set to do one next year. KCB they have had quite a number With govt involvement anything is possible
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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watesh wrote:Aguytrying wrote:sparkly wrote:hisah wrote:mlennyma wrote:hisah wrote:VituVingiSana wrote:hisah wrote:From TA perspective, the support cluster at 38 - 39 level had better hold. Otherwise the bears threat target projections are 35 then 30. Again I ask, why a rights issue in this defensive market. It sends an ugly signal. One of KCB's Capital Adequacy Ratio's excess was quite thin at FY 2015. The 10bn [& Scrip Dividend] is needed for the Chase acquisition + expansion. True. Even more urgent with the Chase deal on the table. But the market has been moving against banks months before. That's what I'm pointing out. should we expect a similar move by member going forward? Line in the sand is 35 - 37 zone. Below that bears will aim for the 30 handle. Bulls need to push above 45 handle to put off the bear pressure. For now it's just a push-pull in between (ranging - sideways market). I don't get it why KCB only finance growth, acquisitions through owner's equity. They have to go back to shareholders every 3-5 years. Not optimal, cost of equity is not cheap. In contrast equity bank doesn't frequently do rights issue. Tells us all we need to know about the king of growth Equity has actually never done a rights issue, they are set to do one next year. KCB they have had quite a number Link? Life is short. Live passionately.
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Details of the KCB rights issue will be out once they are done with the script dividend allocation. At that time they will now be able to know the allocation formula. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya
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sparkly wrote:watesh wrote:Aguytrying wrote:sparkly wrote:hisah wrote:mlennyma wrote:hisah wrote:VituVingiSana wrote:hisah wrote:From TA perspective, the support cluster at 38 - 39 level had better hold. Otherwise the bears threat target projections are 35 then 30. Again I ask, why a rights issue in this defensive market. It sends an ugly signal. One of KCB's Capital Adequacy Ratio's excess was quite thin at FY 2015. The 10bn [& Scrip Dividend] is needed for the Chase acquisition + expansion. True. Even more urgent with the Chase deal on the table. But the market has been moving against banks months before. That's what I'm pointing out. should we expect a similar move by member going forward? Line in the sand is 35 - 37 zone. Below that bears will aim for the 30 handle. Bulls need to push above 45 handle to put off the bear pressure. For now it's just a push-pull in between (ranging - sideways market). I don't get it why KCB only finance growth, acquisitions through owner's equity. They have to go back to shareholders every 3-5 years. Not optimal, cost of equity is not cheap. In contrast equity bank doesn't frequently do rights issue. Tells us all we need to know about the king of growth Equity has actually never done a rights issue, they are set to do one next year. KCB they have had quite a number Link? Full year results announcents video, they will need the money to go into new markets (Mozambique, Zambia) So far they sitting on 10bn for Ethiopia and more billions to capitalize DRC and Tanzania
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