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Stanlib I-reit IPO @20/- per unit
Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Out of the Stanlib reit of sh. 3.6bn,IFC pumped sh. 1.5bn. Kama sio wao the thing was a flop Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Kenyans especially Wanjiku fear being shafted..... John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 2/1/2010 Posts: 272 Location: Nairobi
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Ericsson wrote:Out of the Stanlib reit of sh. 3.6bn,IFC pumped sh. 1.5bn.
Kama sio wao the thing was a flop Btw naskia they backed out. They didn't put in the Sh1.5bn, don't know the reason given. The harder you work, the luckier you get
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Rank: New-farer Joined: 7/18/2012 Posts: 76
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kryptonite wrote:Ericsson wrote:Out of the Stanlib reit of sh. 3.6bn,IFC pumped sh. 1.5bn.
Kama sio wao the thing was a flop Btw naskia they backed out. They didn't put in the Sh1.5bn, don't know the reason given. They must have backed off. Foreign investors put in 899m only.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Nse ipo was highly successful meaning there is money for what investors think is right. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 10/1/2007 Posts: 232
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kryptonite wrote:Ericsson wrote:Out of the Stanlib reit of sh. 3.6bn,IFC pumped sh. 1.5bn.
Kama sio wao the thing was a flop Btw naskia they backed out. They didn't put in the Sh1.5bn, don't know the reason given. link?
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Rank: New-farer Joined: 7/18/2012 Posts: 76
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tmatekwa wrote:kryptonite wrote:Ericsson wrote:Out of the Stanlib reit of sh. 3.6bn,IFC pumped sh. 1.5bn.
Kama sio wao the thing was a flop Btw naskia they backed out. They didn't put in the Sh1.5bn, don't know the reason given. link? http://www.businessdaily...84/-/f224mg/-/index.html
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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patrazi wrote:tmatekwa wrote:kryptonite wrote:[quote=Ericsson]Out of the Stanlib reit of sh. 3.6bn,IFC pumped sh. 1.5bn.
Kama sio wao the thing was a flop Btw naskia they backed out. They didn't put in the Sh1.5bn, don't know the reason given. link? http://www.businessdaily...4/-/f224mg/-/index.html[/quote] A whole IFC (investment arm of wb) didn't realize that it wasn't allowed to invest that much rather reduce it to some couple of millions dollars!! seriously? As I said before some of these press statements are geared to rope poor wanjiku.a well established organisation like that cannot and will never make such careless financial utterances.in their countries every utterances made carelessly has repercussions .so here in Kenya they know they can do that SHAFT wanjiku and get away with that. When I said I'll wait for it at 10 Bob somebody told me that this share isn't mboga sokoni  .isorait
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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Aguytrying wrote:Stocks si sukumawiki Expound
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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So, IFC is classified as an East African Institutional Investor? That's a new one. If it was not for IFC, the subscription would have been less than 20%. This i-reit concept is dead. Kenyans can't comprehend how a shopping mall in eastlands can be valued at billions at the same value with a +25 storeys building in upper hill. Waiting for those other things called options, convertibles and etc etc. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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It will shamefully plunge to 1bob like HAFR. It is a matter of time before real screwing start. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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enyands wrote:patrazi wrote:tmatekwa wrote:kryptonite wrote:[quote=Ericsson]Out of the Stanlib reit of sh. 3.6bn,IFC pumped sh. 1.5bn.
Kama sio wao the thing was a flop Btw naskia they backed out. They didn't put in the Sh1.5bn, don't know the reason given. link? http://www.businessdaily...4/-/f224mg/-/index.html[/quote] A whole IFC (investment arm of wb) didn't realize that it wasn't allowed to invest that much rather reduce it to some couple of millions dollars!! seriously? As I said before some of these press statements are geared to rope poor wanjiku.a well established organisation like that cannot and will never make such careless financial utterances.in their countries every utterances made carelessly has repercussions .so here in Kenya they know they can do that SHAFT wanjiku and get away with that. When I said I'll wait for it at 10 Bob somebody told me that this share isn't mboga sokoni .isorait It's clear from the article that it's not a case of ignorance of rules. IFC could have invested more if the uptake was better
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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The hot air here reminds of the hot air after the co op IPO which was also undersubscribed... For now I have confidence in STANLIBs management of similar products. Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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guru267 wrote:The hot air here reminds of the hot air after the co op IPO which was also undersubscribed...
For now I have confidence in STANLIBs management of similar products. Just like HomeAfrika Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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dunkang wrote:guru267 wrote:The hot air here reminds of the hot air after the co op IPO which was also undersubscribed...
For now I have confidence in STANLIBs management of similar products. Just like HomeAfrika Sorry I don't follow... Wer Home Afrika shares undersubscribed or managed by Stanlib? Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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guru267 wrote:dunkang wrote:guru267 wrote:The hot air here reminds of the hot air after the co op IPO which was also undersubscribed...
For now I have confidence in STANLIBs management of similar products. Just like HomeAfrika Sorry I don't follow... Wer Home Afrika shares undersubscribed or managed by Stanlib? You have confidence in Stanlib, the same way you had confidence in HomeAfrika. How much is that mall been bought at again? Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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dunkang wrote:guru267 wrote:dunkang wrote:guru267 wrote:The hot air here reminds of the hot air after the co op IPO which was also undersubscribed...
For now I have confidence in STANLIBs management of similar products. Just like HomeAfrika Sorry I don't follow... Wer Home Afrika shares undersubscribed or managed by Stanlib? You have confidence in Stanlib, the same way you had confidence in HomeAfrika. How much is that mall been bought at again? Madam Guru, the earlier you cut your losses the better. Dejavu HomeAfrika at 20s.
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Rank: New-farer Joined: 5/21/2013 Posts: 72 Location: KENYA
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Mystocks shows that it closed at 21.50/- That's 9.47% down on the first day, but only 100 units traded. I think this was a very poorly timed product launch. If it was in a bull market, Wanjiku would (as usual) come out in full speculation mode regardless of not being conversant with REITs. But now you couple the liquidity crunch with bearish trend and then uncertainty about how good the returns would be, this one was going to be dead in the water. But let's see, maybe with time (read at 10/-) it can be picked up; see how it goes.  “The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
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Rank: Member Joined: 8/16/2012 Posts: 660
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shiznit wrote:Mystocks shows that it closed at 21.50/- That's 9.47% down on the first day, but only 100 units traded. I think this was a very poorly timed product launch. If it was in a bull market, Wanjiku would (as usual) come out in full speculation mode regardless of not being conversant with REITs. But now you couple the liquidity crunch with bearish trend and then uncertainty about how good the returns would be, this one was going to be dead in the water. But let's see, maybe with time (read at 10/-) it can be picked up; see how it goes. The only chance to push it up was on friday when there were no 'breaks' on a slide or shoot. HAFR managed to push up 100% to 25 from 12. Now at 1.4! From today watch the 10% drops. The road to 10 is just 7 days ( say 3 weeks due to no trade days ) away. Then those wishing to jump aboard can set new entry targets Live and learn; and don’t forget, nothing ventured, nothing gained.
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Stanlib I-reit IPO @20/- per unit
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