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Briatm, Britam, Britam sounds like sweet candy!
Rank: Elder Joined: 8/16/2011 Posts: 2,297
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Boris Boyka wrote:This is no laughing matter...You should be sad this foreign bugger is growing impunity...what if he fleeces britam shareholders and leaves a shell...like meralli does? Utalilia chooni ficha hayo meno yako @ Boris......whom do you trust....Rawat or Mauritian Govt? Remember all these distrusts came after Rawat support of an opposing political Agenda and candidate to the current regime. So to cut him down they did what he has been saying all through.......political machinations! If he started investments in 80s how comes a govt which came into power a few months ago are the one saying this? Why did the govt overdraw from Bramer Bank after winning? OK my interest is Britam and as Safaricom I do not know all investors/owners
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Boris Boyka wrote:This is no laughing matter...You should be sad this foreign bugger is growing impunity...what if he fleeces britam shareholders and leaves a shell...like meralli does? Utalilia chooni ficha hayo meno yako Nothing to do with Britam Kenya directly. That's between Rawat & Gov't of Mauritius. Britam Kenya's business should be as usual. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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VituVingiSana wrote:Boris Boyka wrote:This is no laughing matter...You should be sad this foreign bugger is growing impunity...what if he fleeces britam shareholders and leaves a shell...like meralli does? Utalilia chooni ficha hayo meno yako Nothing to do with Britam Kenya directly. That's between Rawat & Gov't of Mauritius. Britam Kenya's business should be as usual. It will not affect Britam's business operations, but I think it may affect the stability of the shareholding and shares, because of the tussle for that 23%. This is already evident with the share price drop. Luckily the other shareholders look unshakable The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Aguytrying wrote:VituVingiSana wrote:Boris Boyka wrote:This is no laughing matter...You should be sad this foreign bugger is growing impunity...what if he fleeces britam shareholders and leaves a shell...like meralli does? Utalilia chooni ficha hayo meno yako Nothing to do with Britam Kenya directly. That's between Rawat & Gov't of Mauritius. Britam Kenya's business should be as usual. It will not affect Britam's business operations, but I think it may affect the stability of the shareholding and shares, because of the tussle for that 23%. This is already evident with the share price drop. Luckily the other shareholders look unshakable That's my point. It doesn't matter to the shareholder as long as OPERATIONS are not affected. Most of Britam's business is in Kenya where it remains strong. I doubt most customers care about the shareholder tussles as long as Britam Kenya [or UG, RW, MW, TZ...] provides value for money, efficient services, etc As for the price dropping... I'd like it to drop further coz I am a buyer at lower prices! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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VituVingiSana wrote:Aguytrying wrote:VituVingiSana wrote:Boris Boyka wrote:This is no laughing matter...You should be sad this foreign bugger is growing impunity...what if he fleeces britam shareholders and leaves a shell...like meralli does? Utalilia chooni ficha hayo meno yako Nothing to do with Britam Kenya directly. That's between Rawat & Gov't of Mauritius. Britam Kenya's business should be as usual. It will not affect Britam's business operations, but I think it may affect the stability of the shareholding and shares, because of the tussle for that 23%. This is already evident with the share price drop. Luckily the other shareholders look unshakable That's my point. It doesn't matter to the shareholder as long as OPERATIONS are not affected. Most of Britam's business is in Kenya where it remains strong. I doubt most customers care about the shareholder tussles as long as Britam Kenya [or UG, RW, MW, TZ...] provides value for money, efficient services, etc As for the price dropping... I'd like it to drop further coz I am a buyer at lower prices! How would you rate the management of this firm? In terms of trust and pro the shareholder's interests . The recent ongoings have made it a bit hazy for me, but i still cant rule them out as bad The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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The slight drop may be a scared wanjiku taking her money back to buy sukumawiki for sale. A wanjiku who have seen KK rise to 17 and move back to 8 on puma discord, have seen mumias move from 13 to 2 due to business -merged-politics, who hve seen sameer move from 35 to 5 due to bad policies and poor informtion.
For Britam a 23% is not a small sum holding and any politics and management saga gives a bad picture. What Rawat could better do is appoint an independent holding firm to run for him the holding and not the govt of Mauritius. This is the first cycle he should fight for in international court!!!
The best news is Britam is still expanding and limiting Rawat strength. They could even bring a new majority share holder at 24% through buying back from selling wanjikus.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Aguytrying wrote:VituVingiSana wrote:Aguytrying wrote:VituVingiSana wrote:Boris Boyka wrote:This is no laughing matter...You should be sad this foreign bugger is growing impunity...what if he fleeces britam shareholders and leaves a shell...like meralli does? Utalilia chooni ficha hayo meno yako Nothing to do with Britam Kenya directly. That's between Rawat & Gov't of Mauritius. Britam Kenya's business should be as usual. It will not affect Britam's business operations, but I think it may affect the stability of the shareholding and shares, because of the tussle for that 23%. This is already evident with the share price drop. Luckily the other shareholders look unshakable That's my point. It doesn't matter to the shareholder as long as OPERATIONS are not affected. Most of Britam's business is in Kenya where it remains strong. I doubt most customers care about the shareholder tussles as long as Britam Kenya [or UG, RW, MW, TZ...] provides value for money, efficient services, etc As for the price dropping... I'd like it to drop further coz I am a buyer at lower prices! How would you rate the management of this firm? In terms of trust and pro the shareholder's interests . The recent ongoings have made it a bit hazy for me, but i still cant rule them out as bad I am not comfortable with the restatement of the profits. That accounting 'error' has me worried. I am going to wait to see what develops but I am not going in unless the price drops below 20. 1) I am waiting to see what changes take place on the board & management. 2) I am not comfy with the current price. 3) I will wait for the 1H results. 4) Any sniff of impropriety and I shall not bother. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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VituVingiSana wrote:Aguytrying wrote:VituVingiSana wrote:Aguytrying wrote:VituVingiSana wrote:Boris Boyka wrote:This is no laughing matter...You should be sad this foreign bugger is growing impunity...what if he fleeces britam shareholders and leaves a shell...like meralli does? Utalilia chooni ficha hayo meno yako Nothing to do with Britam Kenya directly. That's between Rawat & Gov't of Mauritius. Britam Kenya's business should be as usual. It will not affect Britam's business operations, but I think it may affect the stability of the shareholding and shares, because of the tussle for that 23%. This is already evident with the share price drop. Luckily the other shareholders look unshakable That's my point. It doesn't matter to the shareholder as long as OPERATIONS are not affected. Most of Britam's business is in Kenya where it remains strong. I doubt most customers care about the shareholder tussles as long as Britam Kenya [or UG, RW, MW, TZ...] provides value for money, efficient services, etc As for the price dropping... I'd like it to drop further coz I am a buyer at lower prices! How would you rate the management of this firm? In terms of trust and pro the shareholder's interests . The recent ongoings have made it a bit hazy for me, but i still cant rule them out as bad I am not comfortable with the restatement of the profits. That accounting 'error' has me worried. I am going to wait to see what develops but I am not going in unless the price drops below 20. 1) I am waiting to see what changes take place on the board & management. 2) I am not comfy with the current price. 3) I will wait for the 1H results. 4) Any sniff of impropriety and I shall not bother.  This is road to Damascus, it require focused people with daily updates of how the company is doing. Britam has been selling offices at Britam tower that are hot cakes to investors.
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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As I said, It should be!!!!!!! Britam directors eye Rawat's stake in firmWith this clever way lets the stock go back to 29Kshs. With the massive investments a private investor might decide to buy the whole lot owned by Rawats.
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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Rank: Member Joined: 3/15/2010 Posts: 391 Location: nairobie
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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subaru wrote:sour candy at the moment Helpful. Sugars have effects. But a choc candy is also a boost
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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 That is why!!!!! Central bank lifts shilling from new 3 1/2-year lowsThe slum in currency and stock will only end by August. HY results balanced.
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Rank: Member Joined: 3/15/2010 Posts: 391 Location: nairobie
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subaru wrote:sour candy at the moment gettin more sour 17.6
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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subaru wrote:subaru wrote:sour candy at the moment gettin more sour 17.6 Im your still buying the candy, it gets tastier as it gets cheaper The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 8/16/2011 Posts: 2,297
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Rank: Hello Joined: 7/22/2011 Posts: 6
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This is a Real Limbo Dance....How Low can you go!
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Rank: Elder Joined: 4/22/2009 Posts: 2,863
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subaru wrote:subaru wrote:sour candy at the moment gettin more sour 17.6 17.00 pap! NSE is clearly not for the faint-hearted. IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
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Rank: Elder Joined: 4/22/2009 Posts: 2,863
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mwenza wrote:subaru wrote:subaru wrote:sour candy at the moment gettin more sour 17.6 17.00 pap! NSE is clearly not for the faint-hearted. 16.90 bob prints.....let the free fall continue. IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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16.90 possunt quia posse videntur
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Briatm, Britam, Britam sounds like sweet candy!
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