wazua Sat, Mar 21, 2026
Welcome Guest Search | Active Topics | Log In

2 Pages<12
BRITAK FY
Decide
#11 Posted : Wednesday, December 21, 2011 1:38:12 PM
Rank: New-farer

Joined: 12/21/2011
Posts: 15
u see britak is fundamenatall strong its only that it suffered heavily with foreign investors avoiding it. i strongly recommend a buy
You've got to be careful if you don't know where you are going, cause you might not get there!
youcan'tstopusnow
#12 Posted : Wednesday, December 21, 2011 2:02:52 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Decide wrote:
u see britak is fundamenatall strong its only that it suffered heavily with foreign investors avoiding it. i strongly recommend a buy

Auwiii! Please explain how Britak's fundamentals were/are strong in comparison to its peers. They put most of their cheese at the NSE and listed just before THEY KNEW the market was in for a tanking and their profits would follow. They managed to dupe a few Kenyans (foreigners were smarter). Had you joined Wazua before the IPO you would have known, just by the sentiment around here, that the IPO was doomed before it began. 9 bob was unrealistic. Same goes for Tranny. Family Bank also intended to shaft Kenyans but they learned from the mistakes of the aforementioned two
GOD BLESS YOUR LIFE
hisah
#13 Posted : Wednesday, December 21, 2011 6:37:58 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Decide wrote:
u see britak is fundamenatall strong its only that it suffered heavily with foreign investors avoiding it. i strongly recommend a buy

Correction - Institutional investors aka the big money mboiz - both foreign and local avoided this thing like a plague. You should do so too... Let them announce their carcass results then see if you can use the bones to boil some soup rally... As long as they duped wanjiku in an overly priced IPO, that says a lot about it as a firm. Also the use of the IPO proceeds to pay off some loan was a bad as any red flag gets. But at sub 4, you can buy some for a relief rally then sell at 6.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Aguytrying
#14 Posted : Thursday, December 22, 2011 12:32:57 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
@decide. I wouldn't be too anxious for britak results, they will be bad. Maybe even loss making territory. 8 bob maybe in half a decade. I'm serious. I actually think its a bit over priced at current price. I refer u to cfcih graph,
The investor's chief problem - and even his worst enemy - is likely to be himself
Decide
#15 Posted : Thursday, December 22, 2011 9:00:48 AM
Rank: New-farer

Joined: 12/21/2011
Posts: 15
@Aguytrying, lets wait and see.coz when others are afraid be greedy
You've got to be careful if you don't know where you are going, cause you might not get there!
mlennyma
#16 Posted : Thursday, December 22, 2011 9:14:54 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
There was no profit warning,can they be that bad?
"Don't let the fear of losing be greater than the excitement of winning."
youcan'tstopusnow
#17 Posted : Thursday, December 22, 2011 9:48:58 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Decide wrote:
@Aguytrying, lets wait and see.coz when others are afraid be greedy

Is that the same mantra you used for the IPO? It is never always true by the way. Just look at some of the dubious listed companies. Being greedy for them can earn you a triple-bypass
GOD BLESS YOUR LIFE
Realtreaty
#18 Posted : Thursday, December 22, 2011 5:40:25 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,386
youcan'tstopusnow wrote:
Decide wrote:
@Aguytrying, lets wait and see.coz when others are afraid be greedy

Is that the same mantra you used for the IPO? It is never always true by the way. Just look at some of the dubious listed companies. Being greedy for them can earn you a triple-bypass

smile This is a larger than heart company. It was well running
and on the positive before going public. Again apart from Admin fees and inflation sept-Oct there is not much more expenses. Remember a small line that showed they were on the buying spree for property and the guys insure big boys. Their Headquarter can tell you they are clean guys.smile smile 30cts or 1 for 10 bonus.Drool Pray
theking
#19 Posted : Thursday, May 09, 2013 2:41:01 PM
Rank: Member

Joined: 1/25/2010
Posts: 344
when is britam closing books.
not clear from this AGM notice which says div payment is 24/05/2013

https://www.nse.co.ke/li...ments.html?limitstart=0

dates as at release was results was end of June

https://www.nse.co.ke/li...ouncements.html?start=40
2 Pages<12
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.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.