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KCB and NBK material announcement
Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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77% achieved. NBK suspension granted.. However, bullet e) needs a mazematics professor to dissect 
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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obiero wrote:77% achieved. NBK suspension granted.. However, bullet e) needs a mazematics professor to dissect Perfect,the few NBK shares I bought at sh.3.5 will now be converted to KCB shares. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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obiero wrote:77% achieved. NBK suspension granted.. However, bullet e) needs a mazematics professor to dissect FY results of KCB will include NBK results for 3 months i.e NBK Q4 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Ericsson wrote:obiero wrote:77% achieved. NBK suspension granted.. However, bullet e) needs a mazematics professor to dissect FY results of KCB will include NBK results for 3 months i.e NBK Q4 That implies a little negative chink of about KES 0.5B..
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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obiero wrote:Ericsson wrote:obiero wrote:77% achieved. NBK suspension granted.. However, bullet e) needs a mazematics professor to dissect FY results of KCB will include NBK results for 3 months i.e NBK Q4 That implies a little negative chink of about KES 0.5B.. CBK approves KCB 100% acquisition of NBK Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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obiero wrote:watesh wrote:Ericsson wrote:tandich wrote:Ericsson wrote:obiero wrote:Ericsson wrote:NBK shares no trading going on You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage What is the performance rate so far? KCB wamefikisha 75%? All they need is Treasury & NSSF for just over 93%  Source: Shareholder Circular on conversation of preference shares to ordinary shares What if NSSF demands higher valuation A small bank run can be triggered and it collapses The fact is that the current events are formalities. The deal is done and dusted 100%
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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obiero wrote:obiero wrote:watesh wrote:Ericsson wrote:tandich wrote:Ericsson wrote:obiero wrote:Ericsson wrote:NBK shares no trading going on You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage What is the performance rate so far? KCB wamefikisha 75%? All they need is Treasury & NSSF for just over 93% Source: Shareholder Circular on conversation of preference shares to ordinary shares What if NSSF demands higher valuation A small bank run can be triggered and it collapses The fact is that the current events are formalities. The deal is done and dusted 100% And the few NBK shares I bought at 3.5 get converted to KCB shares. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: New-farer Joined: 7/16/2018 Posts: 23
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Ericsson wrote:obiero wrote:obiero wrote:watesh wrote:Ericsson wrote:tandich wrote:Ericsson wrote:obiero wrote:Ericsson wrote:NBK shares no trading going on You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage What is the performance rate so far? KCB wamefikisha 75%? All they need is Treasury & NSSF for just over 93% Source: Shareholder Circular on conversation of preference shares to ordinary shares What if NSSF demands higher valuation A small bank run can be triggered and it collapses The fact is that the current events are formalities. The deal is done and dusted 100% And the few NBK shares I bought at 3.5 get converted to KCB shares. How many Nbk shares make one Kcb share
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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Bishofu wrote:Ericsson wrote:obiero wrote:obiero wrote:watesh wrote:Ericsson wrote:tandich wrote:Ericsson wrote:obiero wrote:Ericsson wrote:NBK shares no trading going on You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage What is the performance rate so far? KCB wamefikisha 75%? All they need is Treasury & NSSF for just over 93% Source: Shareholder Circular on conversation of preference shares to ordinary shares What if NSSF demands higher valuation A small bank run can be triggered and it collapses The fact is that the current events are formalities. The deal is done and dusted 100% And the few NBK shares I bought at 3.5 get converted to KCB shares. How many Nbk shares make one Kcb share Divide the number of NBK shares by 10 and multiply the price of each NBK share by 10 to get the equivalent number of KCB shares and purchase price Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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In a statement issued this morning, KCB Group Director of Regional Businesses Paul Russo is set to assume the role of National Bank of Kenya Managing Director for a period of two years to oversee the full integration of NBK with KCB. Paul Russo will lead the transition team that will report to the KCB Group Chief Executive Officer and Managing Director Joshua Oigara. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Ericsson wrote:In a statement issued this morning, KCB Group Director of Regional Businesses Paul Russo is set to assume the role of National Bank of Kenya Managing Director for a period of two years to oversee the full integration of NBK with KCB.
Paul Russo will lead the transition team that will report to the KCB Group Chief Executive Officer and Managing Director Joshua Oigara. What I love about the KCB share price is that it has been oscillating between below 40 bob despite the management and board making huge moves for creating shareholder value in the next 5-10 years. I now have 106K shares in KCB which will be sold at no less than 75 barring a significant change in management. Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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guru267 wrote:Ericsson wrote:In a statement issued this morning, KCB Group Director of Regional Businesses Paul Russo is set to assume the role of National Bank of Kenya Managing Director for a period of two years to oversee the full integration of NBK with KCB.
Paul Russo will lead the transition team that will report to the KCB Group Chief Executive Officer and Managing Director Joshua Oigara. What I love about the KCB share price is that it has been oscillating between below 40 bob despite the management and board making huge moves for creating shareholder value in the next 5-10 years. I now have 106K shares in KCB which will be sold at no less than 75 barring a significant change in management. Solid counter.. KES 100 could be tested in 4-5 years
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Member Joined: 5/6/2008 Posts: 199
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Ericsson wrote:obiero wrote:obiero wrote:watesh wrote:Ericsson wrote:tandich wrote:Ericsson wrote:obiero wrote:Ericsson wrote:NBK shares no trading going on You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage What is the performance rate so far? KCB wamefikisha 75%? All they need is Treasury & NSSF for just over 93% Source: Shareholder Circular on conversation of preference shares to ordinary shares What if NSSF demands higher valuation A small bank run can be triggered and it collapses The fact is that the current events are formalities. The deal is done and dusted 100% And the few NBK shares I bought at 3.5 get converted to KCB shares. I did this too. Additionally I also bought 1 more NBK share in the odd lots which will be exchanged for 1 KCB share.
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Bishofu wrote:Ericsson wrote:obiero wrote:obiero wrote:watesh wrote:Ericsson wrote:tandich wrote:Ericsson wrote:obiero wrote:Ericsson wrote:NBK shares no trading going on You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage What is the performance rate so far? KCB wamefikisha 75%? All they need is Treasury & NSSF for just over 93% Source: Shareholder Circular on conversation of preference shares to ordinary shares What if NSSF demands higher valuation A small bank run can be triggered and it collapses The fact is that the current events are formalities. The deal is done and dusted 100% And the few NBK shares I bought at 3.5 get converted to KCB shares. How many Nbk shares make one Kcb share That’s a 1143% gain
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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tandich wrote:Ericsson wrote:obiero wrote:obiero wrote:watesh wrote:Ericsson wrote:tandich wrote:Ericsson wrote:obiero wrote:Ericsson wrote:NBK shares no trading going on You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage What is the performance rate so far? KCB wamefikisha 75%? All they need is Treasury & NSSF for just over 93% Source: Shareholder Circular on conversation of preference shares to ordinary shares What if NSSF demands higher valuation A small bank run can be triggered and it collapses The fact is that the current events are formalities. The deal is done and dusted 100% And the few NBK shares I bought at 3.5 get converted to KCB shares. I did this too. Additionally I also bought 1 more NBK share in the odd lots which will be exchanged for 1 KCB share. Exchange rate is 10 NBK shares=1 KCB share Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 5/6/2008 Posts: 199
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Ericsson wrote:tandich wrote:Ericsson wrote:obiero wrote:obiero wrote:watesh wrote:Ericsson wrote:tandich wrote:Ericsson wrote:obiero wrote:Ericsson wrote:NBK shares no trading going on You expected trading of the puny stock while an active takeover by a larger entity is ongoing? The share has only 6 more days left at the NSE.. Farewell plans are at an advanced stage What is the performance rate so far? KCB wamefikisha 75%? All they need is Treasury & NSSF for just over 93% Source: Shareholder Circular on conversation of preference shares to ordinary shares What if NSSF demands higher valuation A small bank run can be triggered and it collapses The fact is that the current events are formalities. The deal is done and dusted 100% And the few NBK shares I bought at 3.5 get converted to KCB shares. I did this too. Additionally I also bought 1 more NBK share in the odd lots which will be exchanged for 1 KCB share. Exchange rate is 10 NBK shares=1 KCB share Quote:2.5.5.2 every NBK Shareholder who accepts the Offer will receive the Swap Shares to which they are entitled. In the event that the Swap Ratio results in fractional entitlements to Swap Shares,
fractions will be rounded upwards to the nearest whole number. Kindly, therefore note that where this occurs, the NBK Shareholder will be issued the number of Swap Shares after rounding up.
Source: KCB Offer Document: OFFER BY KCB GROUP PLC TO ACQUIRE 100% OF THE ISSUED ORDINARY SHARES OF NATIONAL BANK OF KENYA LIMITED
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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KCB Group Plc has appointed Mr. Paul Russo as the Managing Director of National Bank of Kenya (@National_Bank following an approval by the Central Bank of Kenya. During the integration period, KCB will work towards streamlining human resources, systems, processes and procedures to fully realize the value of the envisioned combined efficiencies and productivity synergies post the acquisition It is expected that the NBK Board will be reorganized in the coming weeks and will provide guidance during the integration period. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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obiero wrote:77% achieved. NBK suspension granted.. However, bullet e) needs a mazematics professor to dissect Event timetable being followed to the letter Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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Listing of additional KCB shares given to NBK shareholders when is it being effected? Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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Ericsson wrote:Listing of additional KCB shares given to NBK shareholders when is it being effected? This morning KCB group will list an additional 142,979,717 shares at the Nairobi Securities exchange following the successful acquisition of the National bank. With effect from today the National bank shareholders who swapped their shares for those of KCB Group will now be able to freely trade the new stocks at the bourse Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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