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Swala Energy (T) IPO
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mwekez@ji
#1 Posted : Wednesday, January 22, 2014 8:43:57 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
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shocks
#2 Posted : Wednesday, January 22, 2014 5:59:45 PM
Rank: Member

Joined: 3/15/2009
Posts: 362
This guy seems to think it will be a good buy,

Next Oil Rush

But I'd rather wait till they are much further in exploration especially in the Nyanza Block where the partner is highly successfull Tullow.
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Aguytrying
#3 Posted : Wednesday, January 22, 2014 7:29:11 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
l wish it was in Kenya. tullow makes it an interesting offer. let's see prospectus
The investor's chief problem - and even his worst enemy - is likely to be himself
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mwekez@ji
#4 Posted : Wednesday, May 28, 2014 11:57:44 AM
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Joined: 5/31/2011
Posts: 5,121
Finally IPO opening on June 9 and closing July 4 ---> http://www.businessdailyafrica....80/-/ha89mk/-/index.html
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hisah
#5 Posted : Monday, June 09, 2014 3:03:32 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
And here is the IPO launch - http://bit.ly/1hJsPNn

Prospectus here - http://docdroid.net/d65q

Quote:
Swala Oil and Gas(Tanzania) Plc today announced the launch of its Initial Public Offer Prospectus (“IPO”) of 9,600,000 ordinary shares. The company will be selling each share at the price of Tanzanian Shillings 500 from June 9th 2014 to 4th July 2014. This announcement comes a week after the company received its official approval from the Tanzanian Capital Markets and Securities Authority (“CMSA”), making it the first of such offering in the Oil and Gas industry in East Africa.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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  | | Edit by user: Monday, June 09, 2014 3:15 PM | Reason: Not specified
Aguytrying
#6 Posted : Monday, June 09, 2014 9:21:53 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
hisah wrote:
And here is the IPO launch - http://bit.ly/1hJsPNn

Prospectus here - http://docdroid.net/d65q

Quote:
Swala Oil and Gas(Tanzania) Plc today announced the launch of its Initial Public Offer Prospectus (“IPO”) of 9,600,000 ordinary shares. The company will be selling each share at the price of Tanzanian Shillings 500 from June 9th 2014 to 4th July 2014. This announcement comes a week after the company received its official approval from the Tanzanian Capital Markets and Securities Authority (“CMSA”), making it the first of such offering in the Oil and Gas industry in East Africa.


What do the oil barons here think? akina Hish et al. I find it interesting. Its highly speculative. The dilution they will cause doesnt raise any major flags for me its acceptable. Corporate notes will have a chance to convert at 300 TZS. If i was more familiar with DSE id be more able to predict what will happen post IPO. being a quiet bourse and with swala using media, they can make this thing spike oil or no oil. they can even at spikes offload and buy back when excitement dies tempting.
The investor's chief problem - and even his worst enemy - is likely to be himself
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Aguytrying
#7 Posted : Tuesday, June 10, 2014 8:17:52 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Assist me guys, Swala (T) limited. has pangani and kilombere-kilosa blocks.
Swala energy lisited in ASX is the one that interest in swala energy(T) and swala energy (K) and others.

If oil is found in the nyanza block operated by tullow, swala and another unnamed firm. How excatly will swala (T) benefit??? Thanks
The investor's chief problem - and even his worst enemy - is likely to be himself
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mkeiy
#8 Posted : Tuesday, June 10, 2014 8:41:22 AM
Rank: Member

Joined: 1/27/2012
Posts: 851
Location: Nairobi
Aguytrying wrote:
Assist me guys, Swala (T) limited. has pangani and kilombere-kilosa blocks.
Swala energy lisited in ASX is the one that interest in swala energy(T) and swala energy (K) and others.

If oil is found in the nyanza block operated by tullow, swala and another unnamed firm. How excatly will swala (T) benefit??? Thanks



I'm not a baron of any sort.
However, i don't think Swala [T] will benefit from any gains from Swala [K],as long as they are distinct entities under Swala Group. Maybe, some goodwill since both are in the same economic block.
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hisah
#9 Posted : Thursday, June 12, 2014 6:04:56 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Aguytrying wrote:
hisah wrote:
And here is the IPO launch - http://bit.ly/1hJsPNn

Prospectus here - http://docdroid.net/d65q

Quote:
Swala Oil and Gas(Tanzania) Plc today announced the launch of its Initial Public Offer Prospectus (“IPO”) of 9,600,000 ordinary shares. The company will be selling each share at the price of Tanzanian Shillings 500 from June 9th 2014 to 4th July 2014. This announcement comes a week after the company received its official approval from the Tanzanian Capital Markets and Securities Authority (“CMSA”), making it the first of such offering in the Oil and Gas industry in East Africa.


What do the oil barons here think? akina Hish et al. I find it interesting. Its highly speculative. The dilution they will cause doesnt raise any major flags for me its acceptable. Corporate notes will have a chance to convert at 300 TZS. If i was more familiar with DSE id be more able to predict what will happen post IPO. being a quiet bourse and with swala using media, they can make this thing spike oil or no oil. they can even at spikes offload and buy back when excitement dies tempting.

Speculative buy. DSE a very illiquid market is making me hesitant.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Aguytrying
#10 Posted : Thursday, June 12, 2014 10:32:47 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
hisah wrote:
Aguytrying wrote:
hisah wrote:
And here is the IPO launch - http://bit.ly/1hJsPNn

Prospectus here - http://docdroid.net/d65q

Quote:
Swala Oil and Gas(Tanzania) Plc today announced the launch of its Initial Public Offer Prospectus (“IPO”) of 9,600,000 ordinary shares. The company will be selling each share at the price of Tanzanian Shillings 500 from June 9th 2014 to 4th July 2014. This announcement comes a week after the company received its official approval from the Tanzanian Capital Markets and Securities Authority (“CMSA”), making it the first of such offering in the Oil and Gas industry in East Africa.


What do the oil barons here think? akina Hish et al. I find it interesting. Its highly speculative. The dilution they will cause doesnt raise any major flags for me its acceptable. Corporate notes will have a chance to convert at 300 TZS. If i was more familiar with DSE id be more able to predict what will happen post IPO. being a quiet bourse and with swala using media, they can make this thing spike oil or no oil. they can even at spikes offload and buy back when excitement dies tempting.

Speculative buy. DSE a very illiquid market is making me hesitant.


I keep wondering why not bring this thing to KE. they would have raised even more funds
The investor's chief problem - and even his worst enemy - is likely to be himself
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