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BRITAK PROSPECTUS
Rank: Elder Joined: 10/13/2009 Posts: 1,950 Location: in kenya
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Is it a premium report or what its giving me a 404 warning. '......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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selah wrote:Is it a premium report or what its giving me a 404 warning. Oops sorry its Free...lemme check there must be something wrong...my apologies 
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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I was also anticipating to speculate in this baby... Now, I am not too sure. The vibes are getting more and more negative each day. ecstacy wrote:With an over 60% profit drop projected and a lethargic Wanjiku, who will you be selling to post-IPO?...
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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TUPAC wrote:could anybody help with a link to the prospectus. LINK: http://www.british-american.co.ke/ipo/
Look for the "DOWNLOAD" button and press it... Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Rank: Elder Joined: 10/13/2009 Posts: 1,950 Location: in kenya
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I dont seem to get it...its reporting an error...or is it my browser? '......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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Just listened to an interview of Gladys Karuri, the Finance Director for BA. A lot of false confidence that retailers are gunning for the issue.
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Rank: Member Joined: 7/7/2008 Posts: 34
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This part in the prospectus is what gives me the creeps, Dividend per Share (“DPS”) for the twelve (12) month period ended 31 December 2010 before share split Kshs 6.67/= Dividend per Share (“DPS”) for the twelve (12) month period ended 31 December 2010 after share split Kshs 0.13/= Considering they made profits of 2 billion in 2010 what will happen with 1 billion profit they are projecting to make in 2011 they may give divividends of 0.0..... something. 
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Rank: Veteran Joined: 11/21/2006 Posts: 1,590
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Curioser and curioser... This IPO given the NSE bear makes even less sense. Unless, its bcos some of the anchor shareholders would like to move away from the limelight as Mzee retires. By my reckoning the profit drop in 2010 brings its numbers into prior years, that is, 2010 was a one-off. For those thinking of making a fast buck, do you recall Everready? It traded at Ksh18 in the 1st week, but only those who had placed sell orders before the IPO and had harassed their equally sharp brokers on the 1st day of trading, managed to get out with any fast buck. Sehemu ndio nyumba
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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This webpage is not available The webpage at http://192.168.4.80/brit...load/IPO_Prospectus.pdf might be temporarily down or it may have moved permanently to a new web address. Here are some suggestions: Reload this web page later. Error 101 (net::ERR_CONNECTION_RESET): The connection was reset. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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Eveready and BA should not be discussed in the same forum. One is simply useless. But you make your point. I think a more apt comparison would be the CoopBank IPO in 2008. It tanked pretty soon after the IPO even though Coop's prospects were actually looking up. Mainat wrote:Curioser and curioser... This IPO given the NSE bear makes even less sense. Unless, its bcos some of the anchor shareholders would like to move away from the limelight as Mzee retires.
By my reckoning the profit drop in 2010 brings its numbers into prior years, that is, 2010 was a one-off.
For those thinking of making a fast buck, do you recall Everready? It traded at Ksh18 in the 1st week, but only those who had placed sell orders before the IPO and had harassed their equally sharp brokers on the 1st day of trading, managed to get out with any fast buck.
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Rank: Elder Joined: 2/26/2008 Posts: 4,449
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mwanahisa wrote:I was also anticipating to speculate in this baby... Now, I am not too sure. The vibes are getting more and more negative each day. ecstacy wrote:With an over 60% profit drop projected and a lethargic Wanjiku, who will you be selling to post-IPO?... This IPO may just back-fire then add a slumping or sideways NSE - Kigali Bank is a lot safer bet for now.
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Rank: New-farer Joined: 3/29/2011 Posts: 56 Location: Kenya
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the deal, do you STILL think it is a good buy? No wonder these guys were engaging the media
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Rank: New-farer Joined: 3/29/2011 Posts: 56 Location: Kenya
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mwanahisa wrote:Just listened to an interview of Gladys Karuri, the Finance Director for BA. A lot of false confidence that retailers are gunning for the issue. Management will say ANYTHING these days
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Rank: New-farer Joined: 3/29/2011 Posts: 56 Location: Kenya
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mwanahisa wrote:Eveready and BA should not be discussed in the same forum. One is simply useless. But you make your point. I think a more apt comparison would be the CoopBank IPO in 2008. It tanked pretty soon after the IPO even though Coop's prospects were actually looking up.
mwanahisa, only difference is that BRITAK's immediate future is not looking up. Pole for those who buy into IPO's without doing due diligence
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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When i grow up i want to be like my Dad - he never participated in any IPO
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Rank: Member Joined: 12/2/2009 Posts: 286 Location: Nairobi
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Officially, l am out of Britak IPO. Wacha nijaribu Bank of Kigali for long term. @GG, IPO apana mbaya, lakini inafaa tuchunge. The laudable is more often than not rendered laughable by overclaim
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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This link is still NOT working. Not especially auspicious for a company that wants 5.85 Billion from us! NKT!!!!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Unsubscribed IPO, but will rally for a month just to remind Wanjiku who's boss of the market Remember coop ipo... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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Gordon Gekko wrote:When i grow up i want to be like my Dad - he never participated in any IPO WOW !!!! was he a miser ?
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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hisah wrote:Unsubscribed IPO, but will rally for a month just to remind Wanjiku who's boss of the market Remember coop ipo... @hisah. Rather perverse but ironically an undersubscription in the counter could actually work in its favour.
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