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kcb kcb!!
KIMAIYO
#1 Posted : Tuesday, June 07, 2016 6:43:48 PM
Rank: Hello

Joined: 6/1/2016
Posts: 6
Location: hill ten
should I sell my kcb shares at the current market price or still hold?
I fear it will continue empharasing me
mlennyma
#2 Posted : Tuesday, June 07, 2016 7:03:08 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
KIMAIYO wrote:
should I sell my kcb shares at the current market price or still hold?
I fear it will continue empharasing me

if you can't get additional capital to pump in during the coming rights sell if you can get the future is uncertain in the nse atleast for the next 1 yr or so
"Don't let the fear of losing be greater than the excitement of winning."
vin
#3 Posted : Tuesday, June 07, 2016 7:25:56 PM
Rank: Member

Joined: 1/22/2007
Posts: 337
[quote=KIMAIYO]should I sell my kcb shares at the current market price or still hold?
I fear it will continue empharasing me[/quote

Under sieke reborn
Advice is like snow.The softer it lands the harder is sticks.
ARAP CHARLES
#4 Posted : Tuesday, June 07, 2016 7:49:19 PM
Rank: Member

Joined: 5/30/2016
Posts: 217
Location: Talai
Embarassing=empharasing.. hehehe.. Iam contacting Willis O. the English guy Immediately..
Watch and Listen and Live
KIMAIYO
#5 Posted : Tuesday, June 07, 2016 8:12:53 PM
Rank: Hello

Joined: 6/1/2016
Posts: 6
Location: hill ten
talk money...other things come later
ARAP CHARLES
#6 Posted : Tuesday, June 07, 2016 9:09:36 PM
Rank: Member

Joined: 5/30/2016
Posts: 217
Location: Talai
If this bear cannot get scared sub 30 is coming soon considering the new shares taken instead of scrip.
Watch and Listen and Live
OKEYO
#7 Posted : Tuesday, June 07, 2016 9:28:57 PM
Rank: Hello

Joined: 5/18/2016
Posts: 5
Location: nairobi
an one with latest from kcb? kindly share.
Ebenyo
#8 Posted : Tuesday, June 07, 2016 9:42:42 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
KIMAIYO wrote:
should I sell my kcb shares at the current market price or still hold?
I fear it will continue empharasing me

DONT sell! instead take advantage of the falling price and buy more.Kcb is fundamentally strong.There are few factors which have affected the price:
1.The coming rights issue-some people fear dillution
2.The coming scrip dividend.There will be too many shares in the market that will result in oversupply.
3.The recent increase of 7billion NPL.
Towards the goal of financial freedom
Aguytrying
#9 Posted : Tuesday, June 07, 2016 10:46:04 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Ebenyo wrote:
KIMAIYO wrote:
should I sell my kcb shares at the current market price or still hold?
I fear it will continue empharasing me

DONT sell! instead take advantage of the falling price and buy more.Kcb is fundamentally strong.There are few factors which have affected the price:
1.The coming rights issue-some people fear dillution
2.The coming scrip dividend.There will be too many shares in the market that will result in oversupply.
3.The recent increase of 7billion NPL.


The scrip shares are very few. Around 79m shares assuming everyone opted for the scrip shares. Thats not even 10% dilution. It's 2.6% dilution. Insignificant.

The main thing is the other 2 you have mentioned.
The investor's chief problem - and even his worst enemy - is likely to be himself
Ericsson
#10 Posted : Tuesday, June 07, 2016 10:59:56 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
The targeted amount to be raised via the rights issue might be raised up to cater for acquisition of Chase bank.
Details of the rights issue will be out once due diligence on Chase Bank is over.That time the bank will have made a decision concerning acquiring Chase Bank
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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