Rank: Chief Joined: 8/4/2010 Posts: 8,977
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ecstacy wrote:All recommendations so far from the brokerage firms are a buy with 20-50% upside potential. Very wide % difference. 
Come one come all for the shearing...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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[quote=hisah]How many brokers have a buy reco on this listing? How can the brokers rate this listing yet it is a part of them? Is this not conflict of interest? Update - I can see CMA noted the conflict, but when the window is about to close. Bad taste  http://www.businessdaily...6/-/bssy7p/-/index.html[/quote] The CMA's function is to protect the WENYEWE not Wanjiku. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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http://www.businessdailyafrica.com/High-demand-likely-to-drive-oversubscription-of-NSE-offer/-/539552/2415566/-/k3ium9z/-/index.htmlThere are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Wait for refunds after getting so little. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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I'm staying out of this one coz its likely to be highly oversubscribed which is followed by the refunds drama.
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Rank: Elder Joined: 2/26/2008 Posts: 4,449
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Lots of applicants. Over subscription almost looks certain. Refunds are directly into your account.
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Rank: Member Joined: 5/8/2013 Posts: 386 Location: Nyali mombasa
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I see positive reviews here and there of up to 30 bob after trading starts and might then go further up or take a dive, I'll just wait and see
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Quote:Stockbrokers reported increased retail customer traffic from Friday, which they said mirrors previous IPOs characterised by a last-minute rush to buy shares.
“We have had good interest from the retail investors. We can also see support coming in from our institutional investors who have been firming their commitments to buy and given that there are only 66 million shares available, it would be a surprise if there was no full subscription at least,” said a manager at an investment bank.
The spectacle will be interesting to watch...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 6/14/2014 Posts: 332 Location: Nairobi
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Now waiting for my allocation on 3rd of Sept, hope I give a full allocation of the shares applied
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Kihara joni wrote:I see positive reviews here and there of up to 30 bob after trading starts and might then go further up or take a dive, I'll just wait and see 30 bob?Too ambitious,those days are well in the past... possunt quia posse videntur
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Rank: Member Joined: 6/14/2010 Posts: 521 Location: Nairobi
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Silently got myself some shares...Now waiting to be slaughtered like a Pig or to dine like a King.
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Rank: Elder Joined: 2/26/2008 Posts: 4,449
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The optimist wrote:Silently got myself some shares...Now waiting to be slaughtered like a Pig or to dine like a King.  Tuko wengi..
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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ecstacy wrote:The optimist wrote:Silently got myself some shares...Now waiting to be slaughtered like a Pig or to dine like a King. Tuko wengi.. I thought ppl were applying for shares and not getting!? The opposite of courage is not cowardice, it's conformity.
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Rank: Member Joined: 5/9/2014 Posts: 130 Location: Nairobi
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3rd September is our date with destiny, now we are at the mercy of calculations over, below or par. Over I should think, but we'll wait for final figures then.
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Rank: Member Joined: 4/24/2014 Posts: 159 Location: Nairobi
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The optimist wrote:Silently got myself some shares...Now waiting to be slaughtered like a Pig or to dine like a King. Let the waiting game begin. Im also in it Money comes and goes. When you have it enjoy it.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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And this news was expected. This was only going to be a wanjikus party. Who will they sell too... http://mobile.nation.co....ml/-/nvaml9/-/index.html$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Tall Order wrote:3rd September is our date with destiny, now we are at the mercy of calculations over, below or par. Over I should think, but we'll wait for final figures then. You can set the alarm at 00 00 hr Wednesday 3rd September and go to sleep! The opposite of courage is not cowardice, it's conformity.
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Rank: Member Joined: 2/18/2011 Posts: 448
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NSE IPO reminds me of the 2006 Kengen IPO, very many skeptics predicting a bear while an equal number of optimists predicting a bull run. At the end those who bought at list price of 11.90 and sold at ksh 40+ are the ones who enjoyed the fruits of their decision.The skeptics joined the party,some a bit to late.
I see a massive over-subscription with a 40-50% gain on day one.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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mibbz wrote:NSE IPO reminds me of the 2006 Kengen IPO, very many skeptics predicting a bear while an equal number of optimists predicting a bull run. At the end those who bought at list price of 11.90 and sold at ksh 40+ are the ones who enjoyed the fruits of their decision.The skeptics joined the party,some a bit to late.
I see a massive over-subscription with a 40-50% gain on day one. Now if you only get 500 shares worth 4750 and it gains on 50% that's just....  possunt quia posse videntur
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Rank: Member Joined: 5/8/2013 Posts: 386 Location: Nyali mombasa
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maka wrote:Kihara joni wrote:I see positive reviews here and there of up to 30 bob after trading starts and might then go further up or take a dive, I'll just wait and see 30 bob?Too ambitious,those days are well in the past... the logic is that guys will try to buy soon after trading starts, this will rally it to around those figures, after that it will settle and can go either way, but up is more likely than down.
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