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I&M activates capitalisation strategy
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mwekez@ji
#1 Posted : Monday, November 18, 2013 9:05:25 AM
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•I&M Bank is seeking to raise Sh10 billion by selling a corporate bond

•The listed bank has got approval from the industry regulator, the Capital Markets Authority (CMA), to raise part of the amount in the first tranche of the offer

•I&M Bank, similar to Housing Finance, is raising additional funds for expansion through the issue of a bond

http://www.businessdailyafrica....8/-/mvexocz/-/index.html
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VituVingiSana
#2 Posted : Monday, November 18, 2013 9:24:40 AM
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Pricing will be key!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mwekez@ji
#3 Posted : Monday, November 25, 2013 11:33:06 AM
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Offer open from today for the next 2 weeks. ... A private placement and participation is by invitation. ... Dont understand why they've decided to make it so yet it'll be listed at NSE
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VituVingiSana
#4 Posted : Monday, November 25, 2013 12:00:19 PM
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@mwekezaji - I read the notice in the paper. It did not indicate a "Private Placement" not "By Invitation" ... if so it also means they probably have it all sold!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mwekez@ji
#5 Posted : Monday, November 25, 2013 12:52:48 PM
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@VVS, think of it, the information memorandum and pricing supplement is out but is made available to the few. I agree, this issue could already have recieved full subscription or a lot of support from a given people
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obiero
#6 Posted : Wednesday, November 27, 2013 7:03:39 PM
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mwekez@ji wrote:
@VVS, think of it, the information memorandum and pricing supplement is out but is made available to the few. I agree, this issue could already have recieved full subscription or a lot of support from a given people

This is a stock to watch

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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mwekez@ji
#7 Posted : Wednesday, December 11, 2013 6:33:33 PM
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Bond oversubscribed. Hii bond ilikuwa na wenyewe. ... Good show of confidence in the bank.
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mwekez@ji
#8 Posted : Monday, December 23, 2013 9:16:17 AM
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georgenelson
#9 Posted : Monday, December 23, 2013 4:13:41 PM
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The link you shared was really help me to understand the I&M activates capitalization strategies.
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murchr
#10 Posted : Sunday, March 23, 2014 3:13:49 AM
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At a price of 125/- the trailing PE is 73/- Really?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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VituVingiSana
#11 Posted : Sunday, March 23, 2014 12:41:54 PM
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murchr wrote:
At a price of 125/- the trailing PE is 73/- Really?
It must be calculated EPS data using information based on City Trust's EPS which is no longer valid...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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murchr
#12 Posted : Sunday, March 23, 2014 9:21:23 PM
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VituVingiSana wrote:
murchr wrote:
At a price of 125/- the trailing PE is 73/- Really?
It must be calculated EPS data using information based on City Trust's EPS which is no longer valid...


Does this mean they havent released any other result?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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VituVingiSana
#13 Posted : Monday, March 24, 2014 12:28:29 PM
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murchr wrote:
VituVingiSana wrote:
murchr wrote:
At a price of 125/- the trailing PE is 73/- Really?
It must be calculated EPS data using information based on City Trust's EPS which is no longer valid...

Does this mean they havent released any other result?
End of year expected soon.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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