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Briatm, Britam, Britam sounds like sweet candy!
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Spikes
#381 Posted : Saturday, October 24, 2015 1:14:52 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
@hisah what is wrong if @realtreaty deviates from a financial analyst and he vehemently argues like a political scientist painting the true picture on opportunistic Kenyan businessmen style of screwing competitors and hammering deals in lowest prices possible?
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Boris Boyka
#382 Posted : Saturday, October 24, 2015 1:26:46 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
Spikes wrote:
@hisah what is wrong if @realtreaty deviates from a financial analyst and he vehemently argues like a political scientist painting the true picture on opportunistic Kenyan businessmen style of screwing competitors and hammering deals in lowest prices possible?

Shame on you Shame on you Shame on you @spikes Go slow here. You should know the various tags(names) in Wazua, their main approaches, the threads they participate in and their style/level of analysis. From these you'll know who to engage and how(skills) to engage various wazuans on various issues! Thank me later as you grow wiser.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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sparkly
#383 Posted : Saturday, October 24, 2015 4:13:04 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Completely lost by @realtreaty and @spikes on how the Mauritian gov is being screwed.
Life is short. Live passionately.
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sparkly
#384 Posted : Saturday, October 24, 2015 4:14:45 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Completely lost by @realtreaty and @spikes on how the Mauritian gov is being screwed.
Life is short. Live passionately.
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  | | Edit by user: Saturday, October 24, 2015 4:17 PM | Reason: Not specified
VituVingiSana
#385 Posted : Sunday, October 25, 2015 7:04:08 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,371
Location: Nairobi
Realtreaty wrote:
hisah wrote:
Golden handcuff indeed. The market forgots very fast. When the ponzi director was exposed that's when the price accelerated downhill. This acorn lawsuit was just a side show. It's been a nice drama all in all. The overhang still remains the Mauritius govt stake which assumed that significant ownership. Until that stake settles down, the price will struggle to regain and sustain bullish drive.



I may not fully agree with You @Hisah. Britam will play its cards safe. The Mauritian govt is trying to take money away and Britam has made sure they take the least (Low price sale)
As I intimated earlier Britam may buy bck these shares and sell to partner in future as Mauritian govt can be blackmailed by shs 18 to 19 per share than the one it was at (21-29) when R/Dawat issue arose.
On the other hand Britam is owned in Kenya by majority kikuyu business moguls who never sleep on the job. They know how to chase wildbeeste like a lioness in Savannah.The will pull a Merali con-factor and retain their business.They will still determine who will buy the R/Dawat holding.
The have screwed Accorn and will still screw Muritians
The 'ownership' saga doesn't benefit Britam's other (minority) shareholders.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Aguytrying
#386 Posted : Tuesday, October 27, 2015 10:10:48 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
VituVingiSana wrote:
Realtreaty wrote:
hisah wrote:
Golden handcuff indeed. The market forgots very fast. When the ponzi director was exposed that's when the price accelerated downhill. This acorn lawsuit was just a side show. It's been a nice drama all in all. The overhang still remains the Mauritius govt stake which assumed that significant ownership. Until that stake settles down, the price will struggle to regain and sustain bullish drive.



I may not fully agree with You @Hisah. Britam will play its cards safe. The Mauritian govt is trying to take money away and Britam has made sure they take the least (Low price sale)
As I intimated earlier Britam may buy bck these shares and sell to partner in future as Mauritian govt can be blackmailed by shs 18 to 19 per share than the one it was at (21-29) when R/Dawat issue arose.
On the other hand Britam is owned in Kenya by majority kikuyu business moguls who never sleep on the job. They know how to chase wildbeeste like a lioness in Savannah.The will pull a Merali con-factor and retain their business.They will still determine who will buy the R/Dawat holding.
The have screwed Accorn and will still screw Muritians
The 'ownership' saga doesn't benefit Britam's other (minority) shareholders.


@ Realtreaty this is true. Infact uncertainty regarding the Rawat stake plunged the price from 30's to the current 15.00-16.00. unless there is building excitement of the new shareholder, there's nothing for the minorities here
The investor's chief problem - and even his worst enemy - is likely to be himself
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Realtreaty
#387 Posted : Wednesday, October 28, 2015 11:19:35 AM
Rank: Elder

Joined: 8/16/2011
Posts: 2,389
The REAL truth is coming this November when the Mauritian govt will make decision whether to sell or keep holding their share. Do not forget that 2016 my be the best year to sell after FY2015 results noting that more hype of opening the Britam Center will likely push the price up and occupancy of the building on completion.
Dangote may move in there by the way occupying whole floor.Some Banks have already taken good space. A good office is big business.
Since Mauritian govt is looking for money and want to punish R/Dawat they will sell to get money and avoid court cases.
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  | | Edit by user: Thursday, October 29, 2015 12:18 AM | Reason: Not specified
Spikes
#388 Posted : Wednesday, October 28, 2015 11:25:30 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
What if the Mauritius tycoons obtains an injuction restraining the his government to stop selling his stake?
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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whiteowl
#389 Posted : Wednesday, October 28, 2015 11:42:33 AM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
sparkly wrote:
Completely lost by @realtreaty and @spikes on how the Mauritian gov is being screwed.


I'm also lost. @realtreaty is @tycho of the blue section
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Realtreaty
#390 Posted : Thursday, October 29, 2015 12:24:11 AM
Rank: Elder

Joined: 8/16/2011
Posts: 2,389
Spikes wrote:
What if the Mauritius tycoons obtains an injuction restraining the his government to stop selling his stake?

smile Its politics, Politics of bad competition where after winning you screw your opposition mercilessly. If the current Mauritian govt is beaten next, R/Dawat will push for refunds. This is how Corruption trickles in as much of the money will have gone in some peoples pockets as consultants, Lawyers, paid to poor peasants of Bramer etc.Sad
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