Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Kihara joni wrote:maka wrote:Kihara joni wrote:I see positive reviews here and there of up to 30 bob after trading starts and might then go further up or take a dive, I'll just wait and see 30 bob?Too ambitious,those days are well in the past... the logic is that guys will try to buy soon after trading starts, this will rally it to around those figures, after that it will settle and can go either way, but up is more likely than down. Haya let's wait and see... possunt quia posse videntur
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Rank: Elder Joined: 7/22/2009 Posts: 7,451
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I didn't get in! Changed my mind a number of times!! Initially I was to get in. After doing some homework, I decided not to get in. More homework and I decided maybe I should. A couple of assignments and a term paper later I decided not to get in. As late as Friday morning, I had decided to put quite a good amount into this share then I changed my mind during the day. However this turns out, I will be a keen observer. I will want to see how much I would have lost or made coz as I said I was to get in big time! I will not make or lose any money now but it will help me analyze how good my homework, assignments and term paper were! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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MaichBlack wrote:I didn't get in! Changed my mind a number of times!! Initially I was to get in. After doing some homework, I decided not to get in. More homework and I decided maybe I should. A couple of assignments and a term paper later I decided not to get in. As late as Friday morning, I had decided to put quite a good amount into this share then I changed my mind during the day.
However this turns out, I will be a keen observer. I will want to see how much I would have lost or made coz as I said I was to get in big time! I will not make or lose any money now but it will help me analyze how good my homework, assignments and term paper were! Not much to lose, i guess, because of over-subscription - When i handed in my application on Tuesday 5pm (last minute in typical Kenyan fashion)I was told that that particular Agency of SBG had already processed applications for 3M shares! Bear in mind other Agencies, brokers, IBs, Dealers etc. Life is short. Live passionately.
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Rank: Elder Joined: 7/22/2009 Posts: 7,451
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sparkly wrote:MaichBlack wrote:I didn't get in! Changed my mind a number of times!! Initially I was to get in. After doing some homework, I decided not to get in. More homework and I decided maybe I should. A couple of assignments and a term paper later I decided not to get in. As late as Friday morning, I had decided to put quite a good amount into this share then I changed my mind during the day.
However this turns out, I will be a keen observer. I will want to see how much I would have lost or made coz as I said I was to get in big time! I will not make or lose any money now but it will help me analyze how good my homework, assignments and term paper were! Not much to lose, i guess, because of over-subscription - When i handed in my application on Tuesday 5pm (last minute in typical Kenyan fashion)I was told that that particular Agency of SBG had already processed applications for 3M shares! Bear in mind other Agencies, brokers, IBs, Dealers etc. I was to factor in the over subscription! I was planning to apply for double what I actually needed - allowing for 100% over subscription. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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sparkly wrote:Not much to lose, i guess, because of over-subscription - When i handed in my application on Tuesday 5pm (last minute in typical Kenyan fashion)I was told that that particular Agency of SBG had already processed applications for 3M shares! Bear in mind other Agencies, brokers, IBs, Dealers etc.  @sparkly the applications had to be submitted by the brokers by 4 on Tuesday! Wacha stories mingi... Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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guru267 wrote:sparkly wrote:Not much to lose, i guess, because of over-subscription - When i handed in my application on Tuesday 5pm (last minute in typical Kenyan fashion)I was told that that particular Agency of SBG had already processed applications for 3M shares! Bear in mind other Agencies, brokers, IBs, Dealers etc. @sparkly the applications had to be submitted by the brokers by 4 on Tuesday! Wacha stories mingi... I know people. Life is short. Live passionately.
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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sparkly wrote:guru267 wrote:sparkly wrote:Not much to lose, i guess, because of over-subscription - When i handed in my application on Tuesday 5pm (last minute in typical Kenyan fashion)I was told that that particular Agency of SBG had already processed applications for 3M shares! Bear in mind other Agencies, brokers, IBs, Dealers etc. @sparkly the applications had to be submitted by the brokers by 4 on Tuesday! Wacha stories mingi... I know people. I was not able to put in my bid by the closing date/time. Since you know people, can I give it to you now?
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Rank: Member Joined: 11/7/2013 Posts: 127 Location: Nairobi, Kenya
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Gordon Gekko wrote:sparkly wrote:guru267 wrote:sparkly wrote:Not much to lose, i guess, because of over-subscription - When i handed in my application on Tuesday 5pm (last minute in typical Kenyan fashion)I was told that that particular Agency of SBG had already processed applications for 3M shares! Bear in mind other Agencies, brokers, IBs, Dealers etc. @sparkly the applications had to be submitted by the brokers by 4 on Tuesday! Wacha stories mingi... I know people. I was not able to put in my bid by the closing date/time. Since you know people, can I give it to you now?    I went into the (Ferry) industry knowing the same thing I knew with all other businesses I went into- Nothing. Then I built it from there. - Sheldon Adelson (Titans at the Table- Giants of Macau)
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Gordon Gekko wrote:sparkly wrote:guru267 wrote:sparkly wrote:Not much to lose, i guess, because of over-subscription - When i handed in my application on Tuesday 5pm (last minute in typical Kenyan fashion)I was told that that particular Agency of SBG had already processed applications for 3M shares! Bear in mind other Agencies, brokers, IBs, Dealers etc. @sparkly the applications had to be submitted by the brokers by 4 on Tuesday! Wacha stories mingi... I know people. I was not able to put in my bid by the closing date/time. Since you know people, can I give it to you now? Yeah send the form and money, I see what I can do.  Life is short. Live passionately.
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Rank: Member Joined: 7/1/2014 Posts: 895 Location: sky
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sparkly wrote:Gordon Gekko wrote:sparkly wrote:guru267 wrote:sparkly wrote:Not much to lose, i guess, because of over-subscription - When i handed in my application on Tuesday 5pm (last minute in typical Kenyan fashion)I was told that that particular Agency of SBG had already processed applications for 3M shares! Bear in mind other Agencies, brokers, IBs, Dealers etc. @sparkly the applications had to be submitted by the brokers by 4 on Tuesday! Wacha stories mingi... I know people. I was not able to put in my bid by the closing date/time. Since you know people, can I give it to you now? Yeah send the form and money, I see what I can do. There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Chief Joined: 1/3/2007 Posts: 18,057 Location: Nairobi
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guru267 wrote:sparkly wrote:Not much to lose, i guess, because of over-subscription - When i handed in my application on Tuesday 5pm (last minute in typical Kenyan fashion)I was told that that particular Agency of SBG had already processed applications for 3M shares! Bear in mind other Agencies, brokers, IBs, Dealers etc. @sparkly the applications had to be submitted by the brokers by 4 on Tuesday! Wacha stories mingi... The broker one should have is like @sparkly has! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 1/25/2010 Posts: 344
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guru267 wrote:sparkly wrote:Not much to lose, i guess, because of over-subscription - When i handed in my application on Tuesday 5pm (last minute in typical Kenyan fashion)I was told that that particular Agency of SBG had already processed applications for 3M shares! Bear in mind other Agencies, brokers, IBs, Dealers etc. @sparkly the applications had to be submitted by the brokers by 4 on Tuesday! Wacha stories mingi... i'm shocked that even wazuan elders do not know people!! The IPO forms usually stay at the brokers offices even 3 days later for sorting purposes. all you need to do is have the forms stamped received on the deadline date n voila!!
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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My broker does the manual registration for the IPO, the name CDS number and the number of shares applied for. all that should be confirmed is that your name was in that book by the last day, which to me means the day they decide to hand them over. 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: 12/7/2012 Posts: 11,901
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theking wrote:guru267 wrote:sparkly wrote:Not much to lose, i guess, because of over-subscription - When i handed in my application on Tuesday 5pm (last minute in typical Kenyan fashion)I was told that that particular Agency of SBG had already processed applications for 3M shares! Bear in mind other Agencies, brokers, IBs, Dealers etc. @sparkly the applications had to be submitted by the brokers by 4 on Tuesday! Wacha stories mingi... i'm shocked that even wazuan elders do not know people!! The IPO forms usually stay at the brokers offices even 3 days later for sorting purposes. all you need to do is have the forms stamped received on the deadline date n voila!! This is very normal. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 5/8/2013 Posts: 386 Location: Nyali mombasa
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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Looks like we might still be able to board this bus at a bargain when it opens.
BBI will solve it :)
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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This week we will know if those of us who bought into this IPO burnt their fingers or it will be regret time for those who shy ed away from indulging. I pray that the oversubscription is not soo much. any Wazuan with insider information? 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: Member Joined: 6/14/2010 Posts: 520 Location: Nairobi
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Sober wrote:This week we will know if those of us who bought into this IPO burnt their fingers or it will be regret time for those who shy ed away from indulging. I pray that the oversubscription is not soo much. any Wazuan with insider information? Wednesday this week and Tuesday next week will determine their fate
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Rank: Elder Joined: 9/23/2010 Posts: 2,218 Location: Sundowner,Amboseli
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Current NSE bulls will offer support either way! @SufficientlyP
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Rank: Member Joined: 2/13/2011 Posts: 284 Location: Nairobi
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The optimist wrote:Silently got myself some shares...Now waiting to be slaughtered like a Pig or to dine like a King. @Optimist, stay optimistic, u aint gettin slaughtered, trust me...
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