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BRITAK IPO: The Money Maker
Rank: Chief Joined: 1/13/2011 Posts: 5,964
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youcan'tstopusnow wrote:Cde Monomotapa wrote:A summary judgment and quoting my comrade @ycsun..."price is what u pay. VALUE is what u get" (cheers bro, hiyo ili-stick) Haha. You can thank Buffett for that. Matter of fact, go buy a Coke while your at it  Aiii!
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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What confidence does family bank have to give loans on this share? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 3/16/2009 Posts: 1,464
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ecstacy wrote:Barrywhite wrote:I told you guys to count me out of this, I see fingers burning bigtime; let me sit on the fence. Meanwhile l am in for Bank de Kigali. Sometime next year guys, SONARWA (Societe Nouvelle d'Assurance du Rwanda), Rwanda's biggest insurer will be listing. Discussions ongoing after GOR directed the SONARWA board to pursue IPO. Application for approval expected by Nov 1. I cant quote the sources as there is no link. Just trust me folks. With you on this. As people speculate with money they can afford to lose(I have none) Rwanda's market beckons... I like... 
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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mlennyma wrote:What confidence does family bank have to give loans on this share? They just need to grow the loan book. Interesting strategy?? $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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hisah wrote:mlennyma wrote:What confidence does family bank have to give loans on this share? They just need to grow the loan book. Interesting strategy?? and also banks are generally interested most in ones ABILITY to pay...the other things like WHAT are details.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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hisah wrote:mlennyma wrote:What confidence does family bank have to give loans on this share? They just need to grow the loan book. Interesting strategy?? I know u guys remember the greatest case study being that of Equity as the largest financier of S.com investors. That one-time-sunshine did wonders for the preceeding numbers! Another recent one is KCB Rwanda which made a fortune off Brailwa(sp) in Q1 2011. I expect them to cream alot more from Bank De Kigali for Q3 2011.
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Rank: Member Joined: 11/6/2010 Posts: 289
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the banks seems to have confidence in the ability of guys to pay not on the shares,if only the shares were colateral we would all buy,if they go down we bolt they go up we sell,but banks are giving loans ,advising you may purchase shares,but equity is locking them (custodial)
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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Timing for this listing is not what i call perfect and that is why i am not dipping a dime here. Considering what happened to TCL, i doubt if the reception will be any different. I will be watching on the sides. 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: New-farer Joined: 7/3/2011 Posts: 30 Location: Nairobi
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2012 wrote:Impunity wrote:They should limit amount of investment to kindu 100K to bar off kina wanjiru. Why would you say that? Are you more human or Kenyan than them or the currency you use is signed by Mr Gates? This must be the worst comments I've read in this forum. By the way those poor people you despise so much are the ones God loves the most. I think they should give everyone a chance to invest.They should only limit when the IPO is likely to be oversubscribed but according to indicators such as the current food prices and general economic situation and the Safaricom IPO experience,I don't think that even half of the number of shares on offer will be bought!  I used to be a pig but I am now a bull-bear hybrid.
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Rank: Member Joined: 11/6/2010 Posts: 289
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now that this IPO will be undersubscribed,can they lower the number to 100 shares only
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Rank: Elder Joined: 1/27/2011 Posts: 1,777
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i wish paul the octopus was still around so he could tell us how this IPO is going to fare. i like knowing first before making any decision such as buying.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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josiah33 wrote:i wish paul the octopus was still around so he could tell us how this IPO is going to fare. i like knowing first before making any decision such as buying. These guys have done a good job on their advertising. But their admission of a dip in profits next time round is definitely a dampener GOD BLESS YOUR LIFE
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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Paul Owuor wrote:2012 wrote:Impunity wrote:They should limit amount of investment to kindu 100K to bar off kina wanjiru. 'Wanjiku' included your Grand mother back at the reserve.Ocha. be kind to her !!! Why would you say that? Are you more human or Kenyan than them or the currency you use is signed by Mr Gates? This must be the worst comments I've read in this forum. By the way those poor people you despise so much are the ones God loves the most. I think they should give everyone a chance to invest.They should only limit when the IPO is likely to be oversubscribed but according to indicators such as the current food prices and general economic situation and the Safaricom IPO experience,I don't think that even half of the number of shares on offer will be bought! [/quote]
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Rank: Member Joined: 4/14/2011 Posts: 639
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QW25071985 wrote:Paul Owuor wrote:2012 wrote:Impunity wrote:They should limit amount of investment to kindu 100K to bar off kina wanjiru. 'Wanjiku' included your Grand mother back at the reserve.Ocha. be kind to her !!! Why would you say that? Are you more human or Kenyan than them or the currency you use is signed by Mr Gates? This must be the worst comments I've read in this forum. By the way those poor people you despise so much are the ones God loves the most. I think they should give everyone a chance to invest.They should only limit when the IPO is likely to be oversubscribed but according to indicators such as the current food prices and general economic situation and the Safaricom IPO experience,I don't think that even half of the number of shares on offer will be bought! [/quote] expect some good numbers and also a possible interim dividend from equity tomorow to spice things up 4 the ipo.Famly bank and equity gving 100%financing it btw
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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Hunderwear wrote:QW25071985 wrote:Paul Owuor wrote:2012 wrote:Impunity wrote:They should limit amount of investment to kindu 100K to bar off kina wanjiru. 'Wanjiku' included your Grand mother back at the reserve.Ocha. be kind to her !!! Why would you say that? Are you more human or Kenyan than them or the currency you use is signed by Mr Gates? This must be the worst comments I've read in this forum. By the way those poor people you despise so much are the ones God loves the most. I think they should give everyone a chance to invest.They should only limit when the IPO is likely to be oversubscribed but according to indicators such as the current food prices and general economic situation and the Safaricom IPO experience,I don't think that even half of the number of shares on offer will be bought! expect some good numbers and also a possible interim dividend from equity tomorow to spice things up 4 the ipo.Famly bank and equity gving 100%financing it btw[/quote] i expect nothing and there'll be no interim dividend or whatever ..the price shld have factored in all this goodies u think will come . otherwise wait for hte results
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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youcan'tstopusnow wrote:These guys have done a good job on their advertising. But their admission of a dip in profits next time round is definitely a dampener That's actually a listing requirement. They are not doiing us any favours.
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Rank: Hello Joined: 7/25/2011 Posts: 5
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I am quite surprised by the level of pessimism about the British American IPO in this forum. I have looked at fundamentals. The company is in a growing industry(financial sector, that grew by 10% and is the largest contributor of economic growth,its balance sheet is very good and getting better, subsidiaries like British American Asset Managers are market leaders(17 billion in assets) and the opportunity in insurance is just strting to be exploited and thus there is room for growth. and they have appointed a new guy at Asset managers division. check http://britishamericanbl...billion-of-your-assets/
At Ksh9, this is the cheapest share in the sector and if precedence is anything to go by, can only go higher! So, whats the beef with the offer?
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Rank: Member Joined: 7/9/2006 Posts: 79
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BW editor, surprising that your first post is pumping up this share? buy, am keeping away till later. Got my own reasons,"Fundamentals" being one of them.
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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Bw Editor wrote:At Ksh9, this is the cheapest share in the sector I am sure you mean the lowest priced (in shilling terms). That is quite distinct from being cheap.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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mwanahisa wrote:Bw Editor wrote:At Ksh9, this is the cheapest share in the sector I am sure you mean the lowest priced (in shilling terms). That is quite distinct from being cheap. I was wondering the same. Cheap in terms of what? GOD BLESS YOUR LIFE
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