Just watched who owns kenya and nakumatt has plans to get listed at nse....I wonder who will buy into an IPO with the bad image they got from mpesa

Sorry 4 the mouthful of a name...am working on that...about the bad image from the mpesa ipo where hardly anyone made money if they bought at sh5...only those who bought in large volumes gained if they sold at 5.70...investors shy away from IPOs since that painful lesson..

from the way you are speaking it shows you just look at stocks in papers and hear what the common wananchi discuss by road sides. Many who bought the shares at under 3 and sold at prices of 4.50 reaped over 50% in the swings. Join the club of critical thinkers who have various solutions for the prevailing scenarios.

Uchumi relisting nosedive & britank ipo spectacular crash & too much itchy nakumatt pr snippets, makes their ipo quite a hill start. Wanjikus psychologically is too spooked...

@ simon. Every ipo should be taken by its own value and environment. You just come here and say because such and such i ipo did this or that then all the others will do the same. Investing is not like a cook book, where a recipe always gives you the same results. Most Your comments shock me.

Who said Nakumatt wants your money anyway? If it goes public it might be a way of some shareholders to get out... I think it will go public but as a Listing by Introduction (see TransCentury, Equity, etc) where the goal is to 'list' first then look for Capital.

Equity started the ball rolling by going public then cutting a deal to sell a huge stake (with minimal cost) to 'large' investors (Helios)...

In any case, if Nakumatt plays it right... It could be bought out by Walmart or other large chains. No need to ask for pennies from Wanjiku when there are Dollars to be had...