Wazua
»
Investor
»
Stocks
»
Briatm, Britam, Britam sounds like sweet candy!
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
bomet_investor wrote:My BRITAM position is now down 33% and by the end of the week it could be down more. I am the least worried about this, in fact i hope it hits kshs. 10, then i will load up on BRITAM like there is not tommorow then sit and wait for this Mauritius shit to run its course. Nothing in the fundamentals of this company has changed, all this Bramer Bank stuff has nothing to do with BRITAM. Eventually, the stock will find its way back to its right price. Unless of course there is more that we don't know.
Have you priced in the risk of the share getting suspended or worse delisted? If not reevaluate your risk model. Always plan for worst case scenarios so that you gauge if you can stand such a shock event.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Veteran Joined: 11/21/2006 Posts: 1,590
|
I recall a discussion here re Cytonn. I maintain the issues are with the Britam peeps not with Cytonn Sehemu ndio nyumba
|
|
|
Rank: New-farer Joined: 3/1/2014 Posts: 82
|
hisah wrote:bomet_investor wrote:My BRITAM position is now down 33% and by the end of the week it could be down more. I am the least worried about this, in fact i hope it hits kshs. 10, then i will load up on BRITAM like there is not tommorow then sit and wait for this Mauritius shit to run its course. Nothing in the fundamentals of this company has changed, all this Bramer Bank stuff has nothing to do with BRITAM. Eventually, the stock will find its way back to its right price. Unless of course there is more that we don't know.
Have you priced in the risk of the share getting suspended or worse delisted? If not reevaluate your risk model. Always plan for worst case scenarios so that you gauge if you can stand such a shock event.
De-listing is not likely. However, if found guilty the guy might be forced to sell his shareholding which stands at 20%. Imagine that! “The beauty of success is that it doesn’t matter how many times you have failed, you only have to be right once and then everyone can tell you how lucky you are.” - Mark Cuban
|
|
|
Rank: Elder Joined: 4/22/2009 Posts: 2,863
|
hisah wrote:bomet_investor wrote:My BRITAM position is now down 33% and by the end of the week it could be down more. I am the least worried about this, in fact i hope it hits kshs. 10, then i will load up on BRITAM like there is not tommorow then sit and wait for this Mauritius shit to run its course. Nothing in the fundamentals of this company has changed, all this Bramer Bank stuff has nothing to do with BRITAM. Eventually, the stock will find its way back to its right price. Unless of course there is more that we don't know.
Have you priced in the risk of the share getting suspended or worse delisted? If not reevaluate your risk model. Always plan for worst case scenarios so that you gauge if you can stand such a shock event.
@hisah... Clearly not everybody witnessed the collapse of KFB.
IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
|
|
|
Rank: Elder Joined: 8/16/2011 Posts: 2,389
|
bomet_investor wrote:My BRITAM position is now down 33% and by the end of the week it could be down more. I am the least worried about this, in fact i hope it hits kshs. 10, then i will load up on BRITAM like there is not tommorow then sit and wait for this Mauritius shit to run its course. Nothing in the fundamentals of this company has changed, all this Bramer Bank stuff has nothing to do with BRITAM. Eventually, the stock will find its way back to its right price. Unless of course there is more that we don't know.
@ Bomet...you are a good Vulture or Fisi. Today is a positive note and in green.
Remember Professor Obel when he tested the first aids medicine that could reduce the virus multiplication and we black Kenyans doctors and sharp guys went for his head. He was bought by America and we now buy Antirovirus from America.
Those sitting ducks who betrayed him are poorer than him today and some are dead from the aids virus
Does it make any sense- we kenyans sacrifice our own for the benefit of others who never pay back but despise us.
Kenyan IRA and AKI are moving faster that the agrieved Mauritians to fight our own.
|
|
|
Rank: Elder Joined: 8/16/2011 Posts: 2,389
|
 It will NEVER GONNA BE A CANDY CRUSH here. Wairegi ought to make it clear. For Kenya and Britam its business as usual. Bramer and Britam are two different entities. Bramer bank is never a Kenyan firm.
|
|
|
Rank: Member Joined: 5/9/2014 Posts: 130 Location: Nairobi
|
Interesting point you have @Realtreaty, it should be business as usual here in Kenya as far as Britam is concerned. In fact if not for the PE the price should stay within the 20s.
However should Dawood Rawat - the single largest shareholder be forced to sell all his stake, then the supply might flood the market and significantly out-way the demand unless done in bits and that could drive the price down.
|
|
|
Rank: Member Joined: 7/2/2014 Posts: 123
|
Realtreaty wrote:bomet_investor wrote:My BRITAM position is now down 33% and by the end of the week it could be down more. I am the least worried about this, in fact i hope it hits kshs. 10, then i will load up on BRITAM like there is not tommorow then sit and wait for this Mauritius shit to run its course. Nothing in the fundamentals of this company has changed, all this Bramer Bank stuff has nothing to do with BRITAM. Eventually, the stock will find its way back to its right price. Unless of course there is more that we don't know.
@ Bomet...you are a good Vulture or Fisi. Today is a positive note and in green.
Remember Professor Obel when he tested the first aids medicine that could reduce the virus multiplication and we black Kenyans doctors and sharp guys went for his head. He was bought by America and we now buy Antirovirus from America.
Those sitting ducks who betrayed him are poorer than him today and some are dead from the aids virus
Does it make any sense- we kenyans sacrifice our own for the benefit of others who never pay back but despise us.
Kenyan IRA and AKI are moving faster that the agrieved Mauritians to fight our own.
,
|
|
|
Rank: Member Joined: 7/2/2014 Posts: 123
|
Realtreaty wrote:bomet_investor wrote:My BRITAM position is now down 33% and by the end of the week it could be down more. I am the least worried about this, in fact i hope it hits kshs. 10, then i will load up on BRITAM like there is not tommorow then sit and wait for this Mauritius shit to run its course. Nothing in the fundamentals of this company has changed, all this Bramer Bank stuff has nothing to do with BRITAM. Eventually, the stock will find its way back to its right price. Unless of course there is more that we don't know.
@ Bomet...you are a good Vulture or Fisi. Today is a positive note and in green.
Remember Professor Obel when he tested the first aids medicine that could reduce the virus multiplication and we black Kenyans doctors and sharp guys went for his head. He was bought by America and we now buy Antirovirus from America.
Those sitting ducks who betrayed him are poorer than him today and some are dead from the aids virus
Does it make any sense- we kenyans sacrifice our own for the benefit of others who never pay back but despise us.
Kenyan IRA and AKI are moving faster that the agrieved Mauritians to fight our own.
,
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,375 Location: Nairobi
|
Tall Order wrote:Interesting point you have @Realtreaty, it should be business as usual here in Kenya as far as Britam is concerned. In fact if not for the PE the price should stay within the 20s.
However should Dawood Rawat - the single largest shareholder be forced to sell all his stake, then the supply might flood the market and significantly out-way the demand unless done in bits and that could drive the price down. I have a feeling that the current (major) shareholders of Britam are plotting a takeover of the 20%. I prefer a sale on the NSE so I can get some at a cheap(er) price.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Wazua
»
Investor
»
Stocks
»
Briatm, Britam, Britam sounds like sweet candy!
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|