dave.kim wrote:mwekez@ji wrote:2012 wrote:FUNKY wrote:Price is not moving up at all for this share.
That's my worry too. The price seems to be moving down instead. My only consolation is on the same day I was placing my order for the BoK IPO a lady next to me was placing an order of 1.35m for Britak. I can't help but wonder how she's fairing.
Britank was a truly pitiable choice.
Banque de Kigali fundamentals are strong and they are getting stronger everyday. The country is growing at a good rate and economic hurdles experienced by regional countries have not hit it.
I expect good takings from this stock next year. What we have seen of late is a market that is on xmas mood (check the volumes)
@mwekez@ji i dont think its market on x-mas mood.i think its the fact that competition is entering into the market with a couple of Kenyan Banks included. Remember how Equity changed the whole banking model in Kenya?.80% of the population is unbanked in Rwanda and considering Kenyans have the experience of bringing the bank to the customer, they might adopt that there
@dave.kim, you are still digesting December info????
Anyway, in dec the market was so much on xmas mood. There were many days that the share dint trade even a 100 shares in the month which we had not witnessed before. In Jan, the share is trading, though tiny volumes. On the matter of competition, BK has a headstart as the market leader. I watching the game