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NSE IPO
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mtaalamu
#1 Posted : Tuesday, April 29, 2014 4:48:20 AM
Rank: New-farer


Joined: 4/19/2010
Posts: 11
I just saw in the news that NSE is planning to list some it's shares from June this year, but from an investor point of view I do not see why anyone would like to put their money in NSE . Unlike a normal company with products and/or services that generates revenue or losses for that matter,NSE does not seem to have anything to offer in return for investors' cash.. Or am I missing something??
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INTERESTING!
#2 Posted : Tuesday, April 29, 2014 5:46:15 AM
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Joined: 4/12/2014
Posts: 56
mtaalamu wrote:
I just saw in the news that NSE is planning to list some it's shares from June this year, but from an investor point of view I do not see why anyone would like to put their money in NSE . Unlike a normal company with products and/or services that generates revenue or losses for that matter,NSE does not seem to have anything to offer in return for investors' cash.. Or am I missing something??


I will not be surprised if in the long run they end up being bought out by a bigger one like JSE or London Stock Exchange.
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psalms 23
#3 Posted : Tuesday, April 29, 2014 5:57:04 AM
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Joined: 4/28/2014
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Location: thika
Nse will be among those illiquid stocks.nobody will be willing to sell especially those stockbrokers and investment banks
We are in aworld where one's success is a misery 4 others
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sparkly
#4 Posted : Tuesday, April 29, 2014 6:29:02 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
INTERESTING! wrote:
mtaalamu wrote:
I just saw in the news that NSE is planning to list some it's shares from June this year, but from an investor point of view I do not see why anyone would like to put their money in NSE . Unlike a normal company with products and/or services that generates revenue or losses for that matter,NSE does not seem to have anything to offer in return for investors' cash.. Or am I missing something??


I will not be surprised if in the long run they end up being bought out by a bigger one like JSE or London Stock Exchange.


They make their money by charging you fees when you trade your shares.

www.african-markets.com/...-increase-by-210-in-2013
Life is short. Live passionately.
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jawgey
#5 Posted : Tuesday, April 29, 2014 12:21:24 PM
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Joined: 1/13/2014
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Location: Denmark
As long as we continue trading(I doubt we'll stop) the NSE will always get its share. There is definitely great growth prospects in the NSE
Seeing is believing
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georgegop
#6 Posted : Monday, May 12, 2014 4:14:18 PM
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Joined: 8/30/2010
Posts: 183
Location: Migingo
Nairobi bourse to sell up to 38 pc stake in IPO
Don't Work for Money, Let Money Work for You..
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ngapat
#7 Posted : Monday, May 12, 2014 9:49:16 PM
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Joined: 12/11/2006
Posts: 884
Will buy some
“Invest in yourself. Your career is the engine of your wealth.”
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washiku
#8 Posted : Tuesday, May 13, 2014 12:07:53 AM
Rank: Chief


Joined: 5/9/2007
Posts: 13,095
Where ar the gurus? To buy or not to buy? Why?
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hisah
#9 Posted : Tuesday, May 13, 2014 7:54:03 AM
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Joined: 8/4/2010
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Need to see the prospectus first. But I'd prefer an index ETF (FTSE NSE15 or 25) than owning the shares of an exchange.

Will NSE continue to grow? Yes as well as from other securities they'll launch.
Will it grow at the 2013 pace? Not easy to repeat that growth.
Will NSE face another exchange rival(s) in future? Likely.

Since this KE exchange is still a toddler, I'd rate it a buy as it still has room for growth as EAC econ expands enabling more listings. NSE has a few firms listed (some which hardly trade for days/weeks) compared with JSE or egypt or nigeria exchanges; it's a toddler. Then look at the other EAC exchanges that have lesser listed firms and static trading...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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holycow
#10 Posted : Tuesday, May 13, 2014 9:38:54 AM
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Joined: 11/11/2006
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Hisah, I presume PPT will always watch over it. At a price of 4/= for 81 million shares, an oversubscription in the making besides it looks "cheap". Hope the PE is below 10.
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psalms 23
#11 Posted : Tuesday, May 13, 2014 9:51:47 AM
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Joined: 4/28/2014
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Location: thika
I thought kshs4 is per value
We are in aworld where one's success is a misery 4 others
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Sufficiently Philanga....thropic
#12 Posted : Tuesday, May 13, 2014 9:56:29 AM
Rank: Elder


Joined: 9/23/2010
Posts: 2,221
Location: Sundowner,Amboseli
hisah wrote:
Need to see the prospectus first. But I'd prefer an index ETF (FTSE NSE15 or 25) than owning the shares of an exchange.

Will NSE continue to grow? Yes as well as from other securities they'll launch.
Will it grow at the 2013 pace? Not easy to repeat that growth.
Will NSE face another exchange rival(s) in future? Likely.

Since this KE exchange is still a toddler, I'd rate it a buy as it still has room for growth as EAC econ expands enabling more listings. NSE has a few firms listed (some which hardly trade for days/weeks) compared with JSE or egypt or nigeria exchanges; it's a toddler. Then look at the other EAC exchanges that have lesser listed firms and static trading...

The zillion dollar question.
@SufficientlyP
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maka
#13 Posted : Tuesday, May 13, 2014 10:43:23 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Sufficiently
Philanga....thropic wrote:
hisah wrote:
Need to see the prospectus first. But
I'd prefer an index ETF (FTSE NSE15 or 25) than owning the shares of an
exchange.

Will NSE continue to grow? Yes as well as from other securities they'll
launch.
Will it grow at the 2013 pace? Not easy to repeat that growth.
Will NSE face another exchange rival(s) in future?
Likely.

Since this KE exchange is still a toddler, I'd rate it a buy as it still
has room for growth as EAC econ expands enabling more listings. NSE has
a few firms listed (some which hardly trade for days/weeks) compared
with JSE or egypt or nigeria exchanges; it's a toddler. Then look at the
other EAC exchanges that have lesser listed firms and static trading...

The zillion dollar question.

It will definetly one day...
possunt quia posse videntur
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mwekez@ji
#14 Posted : Tuesday, May 13, 2014 10:48:04 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
I don't see our greedy brokers selling us their company cheaply #Awaiting.IM
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holycow
#15 Posted : Tuesday, May 13, 2014 11:13:55 AM
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Joined: 11/11/2006
Posts: 972
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I've re-read the article on Business Daily page 2. Yes, 4/= is the par value and not the offer price. Thanks for the correction.
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ProverB
#16 Posted : Tuesday, May 13, 2014 12:52:54 PM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
Do not underestimate the greed of our brokers. Price will be too exaggerated, promising a very lofty future.
As with other IPOs..eg cfci,Britak..I'm sitting out..and chilling for when sense and reality sinks in.
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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VituVingiSana
#17 Posted : Wednesday, May 14, 2014 5:32:53 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
I will read the prospectus BUT I doubt I will buy [except the minimum] during the IPO.

Why?

1) The profits are from INVESTORS [you and me] and to boost profits they will refuse to reduce commission rates! Look how much the NSE gets. It's too high vs other busy or developed [don't look backwards at developing/African markets] markets.

2) Greed. The idea is to maximize the revenue for NSE [& its brokers] and that means a high PER. There are probably better buys elsewhere. And the brokers know more than we do.

3) 2014 will not show the same growth as 2013 y-o-y. And without new products and listings the trading volumes will remain stagnant.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Mainat
#18 Posted : Wednesday, May 14, 2014 6:20:06 AM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
AS a business I would not buy into it, since the NSE has so many low hanging fruits and they've been unable to pick. IF its priced sensibly, I'll gamble
Sehemu ndio nyumba
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georgegop
#19 Posted : Thursday, July 10, 2014 9:44:25 PM
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Joined: 8/30/2010
Posts: 183
Location: Migingo
Ksh 9.5/= per share it is!
Don't Work for Money, Let Money Work for You..
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jawgey
#20 Posted : Thursday, July 10, 2014 9:49:11 PM
Rank: Member


Joined: 1/13/2014
Posts: 386
Location: Denmark
georgegop wrote:
Ksh 9.5/= per share it is!


versus a par value of sh.4. mmmhhh
Seeing is believing
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