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Kengen success
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Ericsson
#71 Posted : Wednesday, February 10, 2016 10:31:24 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
@muandiwambeu
The procedure is as follows;
Prepare the Draft Information Memorandum
Take it to the regulator under which the company falls which in this case is ERC which is the country's electricity board being referred to.
Once approved by ERC is when the draft information memorandum is submitted to CMA for final approval.

Same case applies to financial institutions like banks whose regulator will be CBK,Insurance companies IRA
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Boris Boyka
#72 Posted : Thursday, February 11, 2016 7:41:35 AM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
Ericsson wrote:
@muandiwambeu
The procedure is as follows;
Prepare the Draft Information Memorandum
Take it to the regulator under which the company falls which in this case is ERC which is the country's electricity board being referred to.
Once approved by ERC is when the draft information memorandum is submitted to CMA for final approval.

Same case applies to financial institutions like banks whose regulator will be CBK,Insurance companies IRA

@Erisson this @Muandiwambeu as a wazuan mentioned earlier, he/she writes in Ameru then translates and of late distinguishing his words,jokes from information has become difficult. Maybe he's in for comedy.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Sufficiently Philanga....thropic
#73 Posted : Thursday, February 11, 2016 10:27:41 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
sparkly wrote:
hisah wrote:
Sufficiently Philanga....thropic wrote:

A much clearer cartoonsmile
Rising volumes with falling prices.
RSI, Bollinger bands all pointing to overselling.


@sparkly, hope you are holding out long term. We still have the Oct 2016 date when we review KEGN again. My target is 4/- with the rights issue thrown into the dustbin!


Got myself some more at 5.50 yesterday. My bid for another lot at 5.00 today didn't go through.

I keep on buying as the sellers capitulate. I have a feeling that rights will be priced way above 5.50 so i am having my rights right now.


Those were Great moves @Sparkly at the 5.50 levelsApplause Applause Applause
Hope you closed your trades because we are back into the downward trend!
@SufficientlyP
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PKoli
#74 Posted : Thursday, February 11, 2016 3:03:19 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
@Phila,

The volumes on the downward move are fairly low, I doubt we'll reach the 5.5 levels. I will be more than glad to pick a few
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muandiwambeu
#75 Posted : Thursday, February 11, 2016 3:32:20 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
Boris Boyka wrote:
Ericsson wrote:
@muandiwambeu
The procedure is as follows;
Prepare the Draft Information Memorandum
Take it to the regulator under which the company falls which in this case is ERC which is the country's electricity board being referred to.
Once approved by ERC is when the draft information memorandum is submitted to CMA for final approval.

Same case applies to financial institutions like banks whose regulator will be CBK,Insurance companies IRA

@Erisson this @Muandiwambeu as a wazuan mentioned earlier, he/she writes in Ameru then translates and of late distinguishing his words,jokes from information has become difficult. Maybe he's in for comedy.


@BB AKA boris down there at Ameru everything is jittery than the @NSE itself, mud slinging is full throttle. and with kengen proving more disastrous am watching this drama has it puns out from a distance. Even hoping against hope is failing now. let the comedy continue but people will be burnt to recognition has is the common parlance here. Which BB brand do you enjoy most @Boris? Kengen, LKL, BBK, SGL or which one. even PAKA is doing not so bad for an injured lion.d'oh! d'oh! d'oh! Laughing out loudly but that 157 bn kshs will end up with tenderprenuers sooner than you thot and the cycle will continue endlessly. just watchingSad
,Behold, a sower went forth to sow;....
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sparkly
#76 Posted : Thursday, February 11, 2016 3:32:57 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Sufficiently Philanga....thropic wrote:
sparkly wrote:
hisah wrote:
Sufficiently Philanga....thropic wrote:

A much clearer cartoonsmile
Rising volumes with falling prices.
RSI, Bollinger bands all pointing to overselling.


@sparkly, hope you are holding out long term. We still have the Oct 2016 date when we review KEGN again. My target is 4/- with the rights issue thrown into the dustbin!


Got myself some more at 5.50 yesterday. My bid for another lot at 5.00 today didn't go through.

I keep on buying as the sellers capitulate. I have a feeling that rights will be priced way above 5.50 so i am having my rights right now.


Those were Great moves @Sparkly at the 5.50 levelsApplause Applause Applause
Hope you closed your trades because we are back into the downward trend!


Offloaded a bit at 6.70.

Waiting to pick some more at around 6.00. This time around i think 6.00 will provide solid support. From 6.00 we should be able to go all the way to 7.50.
Life is short. Live passionately.
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  | | Edit by user: Thursday, February 11, 2016 3:34 PM | Reason: Not specified
PKoli
#77 Posted : Thursday, February 11, 2016 4:10:48 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
@Sparkly,

I will join you in picking Kengen at 6.
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Aguytrying
#78 Posted : Thursday, February 11, 2016 4:27:48 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
PKoli wrote:
@Sparkly,

I will join you in picking Kengen at 6.


Hii nitakula kwa macho pekee
The investor's chief problem - and even his worst enemy - is likely to be himself
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Sufficiently Philanga....thropic
#79 Posted : Thursday, February 11, 2016 5:57:38 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
sparkly wrote:
Sufficiently Philanga....thropic wrote:
sparkly wrote:
hisah wrote:
Sufficiently Philanga....thropic wrote:

A much clearer cartoonsmile
Rising volumes with falling prices.
RSI, Bollinger bands all pointing to overselling.


@sparkly, hope you are holding out long term. We still have the Oct 2016 date when we review KEGN again. My target is 4/- with the rights issue thrown into the dustbin!


Got myself some more at 5.50 yesterday. My bid for another lot at 5.00 today didn't go through.

I keep on buying as the sellers capitulate. I have a feeling that rights will be priced way above 5.50 so i am having my rights right now.


Those were Great moves @Sparkly at the 5.50 levelsApplause Applause Applause
Hope you closed your trades because we are back into the downward trend!


Offloaded a bit at 6.70.

Waiting to pick some more at around 6.00. This time around i think 6.00 will provide solid support. From 6.00 we should be able to go all the way to 7.50.


Well executed.17.8% net of commissions in less than a month is brilliant!
Major support still at 5.50. 6 bob would be if global markets behave.
@SufficientlyP
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Sufficiently Philanga....thropic
#80 Posted : Friday, February 12, 2016 9:57:50 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
PKoli wrote:
@Phila,

The volumes on the downward move are fairly low, I doubt we'll reach the 5.5 levels. I will be more than glad to pick a few

This is actually how Kengen got to these 5.50 levels where it got support!
@SufficientlyP
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