Wazua
»
Investor
»
Stocks
»
Banque de Kigali
Rank: Member Joined: 12/2/2009 Posts: 286 Location: Nairobi
|
On Bralirwa, l also got all the shares l applied for, much as it was over-subscribed. So l tend to agree with @detomweri The laudable is more often than not rendered laughable by overclaim
|
|
|
Rank: Veteran Joined: 4/30/2010 Posts: 1,635
|
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
I am on record having stated that investors will herd into this IPO due to sterling post listing perfomance of Brailwa and the likes of KCB Rwanda financing. Well, happy refunds & under-allocations.
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
Cde Monomotapa wrote:I am on record having stated that investors will herd into this IPO due to sterling post listing perfomance of Brailwa and the likes of KCB Rwanda financing. Well, happy refunds & under-allocations. Yours truly, The Oracle of Wazua. 
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
Cde Monomotapa wrote:Cde Monomotapa wrote:I am on record having stated that investors will herd into this IPO due to sterling post listing perfomance of Brailwa and the likes of KCB Rwanda financing. Well, happy refunds & under-allocations. Yours truly, The Oracle of Wazua. With 40% of the retail subpool being allocated to non rwandans (who are basically kenyans) things may not be extremely baaaaad. Lets wait for the announcement
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
On another note: Bralirwa’s shares record Rwf8b turnover on RSEhttp://www.newtimes.co.rw/index...=14715&article=44098
|
|
|
Rank: New-farer Joined: 3/4/2010 Posts: 67 Location: Nairobi
|
The allotment criterion,was supposed to be announced today.Has anybody seen it and what are the details? 
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
Gladly loans taken out for this thing are not on pro-rata basis.
|
|
|
Rank: Elder Joined: 11/27/2007 Posts: 3,604
|
The behaviour of this share once it starts tranding will determine the perfomance of the following IPO‘s we are awaiting in this market: rwandair and cemerwa (KQ & BAMBURI equivalent at the nse) African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
The locals will be advised to re invest their refunds and case closed. Post listing success! Good for the pipeline IPOs.
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
http://www.rse.rw/index.php?opt...&catid=1:latest-newsQuote:In the Retail sub-pool, Rwandan Nationals in the Retail sub-pool applied for approximately 201,348,737 shares of the IPO Shares on offer against approximately 49,734,840 shares that have been reserved for them representing subscription rate 405% the Retail sub pool as defined by the allotment policy disclosed in the IPO Prospectus. Quote:The retail applicants from the other EAC countries outside Rwanda subscribed to 39,956,400 shares against a total 33,156,560 shares, which is 40% of the total shares in the Retail pool. My conclusion, retail investors in Rwanda will get very little of what they applied for but Non-Rwandans (who are basically Kenyans) will get close to what they applied for. Actually, small to medium size non-rwandan investors are likely to be allocated all the shares they applied for
|
|
|
Rank: Elder Joined: 2/26/2008 Posts: 4,449
|
mwekez@ji wrote:http://www.rse.rw/index.php?opt...&catid=1:latest-newsQuote:In the Retail sub-pool, Rwandan Nationals in the Retail sub-pool applied for approximately 201,348,737 shares of the IPO Shares on offer against approximately 49,734,840 shares that have been reserved for them representing subscription rate 405% the Retail sub pool as defined by the allotment policy disclosed in the IPO Prospectus. Quote:The retail applicants from the other EAC countries outside Rwanda subscribed to 39,956,400 shares against a total 33,156,560 shares, which is 40% of the total shares in the Retail pool. My conclusion, retail investors in Rwanda will get very little of what they applied for but Non-Rwandans (who are basically Kenyans) will get close to what they applied for. Actually, small to medium size non-rwandan investors are likely to be allocated all the shares they applied for This is great news. The over subscription by foreign investors & Rwandese retail bodes well for the counter post-listing.
|
|
|
Rank: Veteran Joined: 4/30/2010 Posts: 1,635
|
Any news about how many shares have been allocated to East Africans?
|
|
|
Rank: Veteran Joined: 4/30/2010 Posts: 1,635
|
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
|
Kenyans will make rwanda market liquid thats why tanzania with their retrogressiveness hate us in business. "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Elder Joined: 2/26/2008 Posts: 4,449
|
The dispatch of CSD Statements and commencement of collection of refunds from ASAs was to begin today. Any word?
|
|
|
Rank: Chief Joined: 5/31/2011 Posts: 5,121
|
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
|
|
|
Rank: Veteran Joined: 4/30/2010 Posts: 1,635
|
The above article does not show the minimum shares alloted to East Africans.
|
|
|
Rank: Member Joined: 4/28/2008 Posts: 53
|
Some percentage numbers here don't tie up. Initial Press-release PDF said Retail investors – 291% subscribed http://www.rse.rw/index....amp;catid=1:latest-news
The IPO Allocation Results states Retail East Africans 219% http://www.bk.rw/documen...llocation%20Results.pdf
I guess we just wait for the individual allocations
|
|
|
Wazua
»
Investor
»
Stocks
»
Banque de Kigali
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|