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FlameTree introduction instead of ipo
mwenza
#51 Posted : Tuesday, November 11, 2014 10:18:40 AM
Rank: Elder

Joined: 4/22/2009
Posts: 2,863
Angelica _ann wrote:
maka wrote:
hisah wrote:
The slide continues...

Ref HAFR...


Very good....smile

Kwani people never learn!


Am informed that Kanyari's church was packed to the rafters last sunday...those are Kenyans for you!
IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
shocks
#52 Posted : Tuesday, November 11, 2014 10:27:17 AM
Rank: Member

Joined: 3/15/2009
Posts: 362
Boris Boyka wrote:
Mart_Consult wrote:
Aguytrying wrote:
Mainat wrote:
Flame Tree Group did a private placement on 30th October and listed 6 days later.
Sisemi kitu ingine.


true. proving to be a shady firm already.
@mweke. I guess management is not exactly that trust worthy. fundamentals a rip off.
Gems market is getting a very bad reputation.


@Aguy My Sentiments exactly. Going for quantity over quality never works!

@Mainat ...private (speculative if I may add)investors looking to quickly flip it as the market always shows (misplaced) enthusiasm for listings...

As you ponder, more listings in the segment
www.businessdailyafrica....84/-/cqy9y7/-/index.html
C&P
“There are three more after Flame Tree in the
pipeline before the end of the year. Next year
there will be a lot more coming on board. In
terms of sectors, we have a combination, one
being in FMCG (fast moving consumer
goods)and another one in real estate,”
Atlas Development and Support Services, a
logistics firm serving the oil sector, has
announced plans to list by the end of the year.


More income for my stock, NSE, come one come all
Sober
#53 Posted : Tuesday, November 11, 2014 10:32:43 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
These Sharia investment firm Kurwitu Ventures seem to have ensured they meet the minimum qualification by listing 102,000 shares. I will not be touching a counter that has no details in public domain even 2 days before the day of listing. We adopt the wait and see attitude
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Sober
#54 Posted : Tuesday, November 11, 2014 10:42:14 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
maka wrote:
hisah wrote:
The slide continues...

Ref HAFR...


Very good....smile



d'oh! d'oh! Meaning it's the 10% rule that is making the counter not sink beyond 10.75 today. Volumes?
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
2012
#55 Posted : Tuesday, November 11, 2014 11:47:27 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Kwani jana kuliendaje?¶¶¶

BBI will solve it
:)
Gatheuzi
#56 Posted : Tuesday, November 11, 2014 2:36:25 PM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
shocks wrote:
Boris Boyka wrote:
Mart_Consult wrote:
Aguytrying wrote:
Mainat wrote:
Flame Tree Group did a private placement on 30th October and listed 6 days later.
Sisemi kitu ingine.


true. proving to be a shady firm already.
@mweke. I guess management is not exactly that trust worthy. fundamentals a rip off.
Gems market is getting a very bad reputation.


@Aguy My Sentiments exactly. Going for quantity over quality never works!

@Mainat ...private (speculative if I may add)investors looking to quickly flip it as the market always shows (misplaced) enthusiasm for listings...

As you ponder, more listings in the segment
www.businessdailyafrica....84/-/cqy9y7/-/index.html
C&P
“There are three more after Flame Tree in the
pipeline before the end of the year. Next year
there will be a lot more coming on board. In
terms of sectors, we have a combination, one
being in FMCG (fast moving consumer
goods)and another one in real estate,”
Atlas Development and Support Services, a
logistics firm serving the oil sector, has
announced plans to list by the end of the year.


More income for my stock, NSE, come one come all


There a great companies out there such as ones dealing with importation of drugs and medical supplies with huge contracts in health sector. If they can somehow be lured into listing, then it will make the market exiting.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
hisah
#57 Posted : Tuesday, November 11, 2014 6:13:16 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Sober wrote:
maka wrote:
hisah wrote:
The slide continues...

Ref HAFR...


Very good....smile



d'oh! d'oh! Meaning it's the 10% rule that is making the counter not sink beyond 10.75 today. Volumes?

Yes. 3 days in a row of losses post listing. And it'll sink below listing price @8.00
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mlennyma
#58 Posted : Wednesday, November 12, 2014 9:45:55 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Its good this pple avoided an ipo , let them share their losses quietly, I smell 3bob
"Don't let the fear of losing be greater than the excitement of winning."
Angelica _ann
#59 Posted : Wednesday, November 12, 2014 9:59:49 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
By Friday we are likely to be below the introduction price of 8bob
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
KulaRaha
#60 Posted : Wednesday, November 12, 2014 10:20:13 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Isn't this just retail investors selling? They'll run out of shares soon.
Business opportunities are like buses,there's always another one coming
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