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Briatm, Britam, Britam sounds like sweet candy!
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Spikes wrote:Realtreaty wrote:Now I know why they are holding the FY15 Results keeping me leaking and licking my fingers after holding the candy for so long and getting it melt/thaw on my fingers to the ground.
The suspense may result in a flat dividend.
The only hiccup is to explain how the shares were bought. Could Britan have bought them from the reserves?
Can Britam use the Rawat stock to pay investors as bonus in the ratio 1:10? @RealTreaty your argument is also a possibility. But do we need ordinary or special general meeting to ratify that move which was not the case? If the reserves were used to buy Dawood Rawat stake the subsequent bonus shares, if any, may have not material dilution to existing ownership. When management comes out strongly to issue a good news statement like using reserves to take up Dawood stake, bonus issue, expansionary plans and flat-like dividends expect a rocket rally. I can't imagine Wanjiko surviving the upward stampede of the titans as supply runs dry! However, using reserves by a company to buy its own stock is like a buyback. In Kenya company law, buyback was put on hold by AG. I think this is the hurdle that move opinionated by @RealTreaty faces. The Kenyan scenario might have given HNWI room to buy the Mauritian fugitive's stake. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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When did you lastly ride this kind of a charged bull in a single counter???i see 20 whatever the bear size "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 12/4/2009 Posts: 10,696 Location: NAIROBI
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Manipulation of a pump and dump before the full year results are released. Mafias not joking Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Ericsson wrote:Manipulation of a pump and dump before the full year results are released.
Mafias not joking honestly iam not inside i feel like a bull watching the other mating  "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 12/4/2009 Posts: 10,696 Location: NAIROBI
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@mlennyma And you start feeling as if u were the one mating Hahaha hahaha hahaha Usijali your time will come Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Ericsson wrote:@mlennyma
And you start feeling as if u were the one mating
Hahaha hahaha hahaha
Usijali your time will come now you catch my eye and you seem to know the feeling "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 1/14/2014 Posts: 178
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The results should bring the bull crushing down before ermm... Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
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Rank: Member Joined: 1/14/2014 Posts: 178
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i.e. before the bull can take profits   Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Goldilocks Reloaded wrote:The results should bring the bull crushing down before ermm... It depends on the items on the agenda of the results: think of bonus issue, flat cash dividend and possibly expansionary programme. A rocket rally is also likely more than the one you are witnessing in mammoth awe. I suspect the profit warning issued last year was an all-out scheme to shaft Mauritian government along with her fugitive Dawood Rawat and his nephew. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 12/4/2009 Posts: 10,696 Location: NAIROBI
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It will come down after the bull has finished mating and has gone to sleep due to exhaustion and can no longer undergo the mating process Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Spikes wrote:Spikes wrote:Realtreaty wrote:Now I know why they are holding the FY15 Results keeping me leaking and licking my fingers after holding the candy for so long and getting it melt/thaw on my fingers to the ground.
The suspense may result in a flat dividend.
The only hiccup is to explain how the shares were bought. Could Britan have bought them from the reserves?
Can Britam use the Rawat stock to pay investors as bonus in the ratio 1:10? @RealTreaty your argument is also a possibility. But do we need ordinary or special general meeting to ratify that move which was not the case? If the reserves were used to buy Dawood Rawat stake the subsequent bonus shares, if any, may have not material dilution to existing ownership. When management comes out strongly to issue a good news statement like using reserves to take up Dawood stake, bonus issue, expansionary plans and flat-like dividends expect a rocket rally. I can't imagine Wanjiko surviving the upward stampede of the titans as supply runs dry! However, using reserves by a company to buy its own stock is like a buyback. In Kenya company law, buyback was put on hold by AG. I think this is the hurdle that move opinionated by @RealTreaty faces. The Kenyan scenario might have given HNWI room to buy the Mauritian fugitive's stake. You guys make me laugh. Are you the same person? Let me ask a simple question, Rawat's stake is already part of the issued and paid up shares, right? So How do you use reserves to buy shares that are already issued, there are no buy backs in Kenya... Then a bonus issue, after buying back those shares? you are comedians The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Ericsson wrote:It will come down after the bull has finished mating and has gone to sleep due to exhaustion and can no longer undergo the mating process That one is normal in any Securities Exchange . John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 1/14/2014 Posts: 178
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Aguytrying wrote:Spikes wrote:Spikes wrote:Realtreaty wrote:Now I know why they are holding the FY15 Results keeping me leaking and licking my fingers after holding the candy for so long and getting it melt/thaw on my fingers to the ground.
The suspense may result in a flat dividend.
The only hiccup is to explain how the shares were bought. Could Britan have bought them from the reserves?
Can Britam use the Rawat stock to pay investors as bonus in the ratio 1:10? @RealTreaty your argument is also a possibility. But do we need ordinary or special general meeting to ratify that move which was not the case? If the reserves were used to buy Dawood Rawat stake the subsequent bonus shares, if any, may have not material dilution to existing ownership. When management comes out strongly to issue a good news statement like using reserves to take up Dawood stake, bonus issue, expansionary plans and flat-like dividends expect a rocket rally. I can't imagine Wanjiko surviving the upward stampede of the titans as supply runs dry! However, using reserves by a company to buy its own stock is like a buyback. In Kenya company law, buyback was put on hold by AG. I think this is the hurdle that move opinionated by @RealTreaty faces. The Kenyan scenario might have given HNWI room to buy the Mauritian fugitive's stake. You guys make me laugh. Are you the same person? Let me ask a simple question, Rawat's stake is already part of the issued and paid up shares, right? So How do you use reserves to buy shares that are already issued, there are no buy backs in Kenya...
Then a bonus issue, after buying back those shares? you are comedians @VVS raised two pertinent questions in one yesterday. Who is the Chairman of Britam? Who is the Ag. CEO of CMA? Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Limit up gains in two days just before the news... Gaps get filled and the more it gaps up the more pain it'll cause when the reversal checks in. My target is still sub 10 handle. @spikes will attack me in the next few seconds $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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hisah wrote:Limit up gains in two days just before the news... Gaps get filled and the more it gaps up the more pain it'll cause when the reversal checks in. My target is still sub 10 handle. @spikes will attack me in the next few seconds What if the market proves you otherwise? Will you jump in? Still this stock is over discounted! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Spikes wrote:hisah wrote:Limit up gains in two days just before the news... Gaps get filled and the more it gaps up the more pain it'll cause when the reversal checks in. My target is still sub 10 handle. @spikes will attack me in the next few seconds What if the market proves you otherwise? Will you jump in? Still this stock is over discounted! The market is known have its irrational escapades (excess bulls/bears), but over time the market returns to the expected balance. I find it weird that the Britam's PR is very quiet about this Rawat/Mauritius govt saga for a listed company. 20.3% shareholding is not loose change. This needs a proper communication stream. Acquiring such a stake can easily push one's stake above CMA's 25% shareholding threshold for the existing shareholders.
Next from a fundies point of view the trailing EPS will take a huge haircut, which is my basis for calling the price to hit sub 10. Unless this year the EPS doubles, the market at the moment is pricing this counter irrationally. Therefore I don't see where you're getting the price discount unless you're privy to their Q1 results... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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hisah wrote:Spikes wrote:hisah wrote:Limit up gains in two days just before the news... Gaps get filled and the more it gaps up the more pain it'll cause when the reversal checks in. My target is still sub 10 handle. @spikes will attack me in the next few seconds What if the market proves you otherwise? Will you jump in? Still this stock is over discounted! The market is known have its irrational escapades (excess bulls/bears), but over time the market returns to the expected balance. I find it weird that the Britam's PR is very quiet about this Rawat/Mauritius govt saga for a listed company. 20.3% shareholding is not loose change. This needs a proper communication stream. Acquiring such a stake can easily push one's stake above CMA's 25% shareholding threshold for the existing shareholders.
Next from a fundies point of view the trailing EPS will take a huge haircut, which is my basis for calling the price to hit sub 10. Unless this year the EPS doubles, the market at the moment is pricing this counter irrationally. Therefore I don't see where you're getting the price discount unless you're privy to their Q1 results... Lopsided fallacy! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Spikes wrote:hisah wrote:Spikes wrote:hisah wrote:Limit up gains in two days just before the news... Gaps get filled and the more it gaps up the more pain it'll cause when the reversal checks in. My target is still sub 10 handle. @spikes will attack me in the next few seconds What if the market proves you otherwise? Will you jump in? Still this stock is over discounted! The market is known have its irrational escapades (excess bulls/bears), but over time the market returns to the expected balance. I find it weird that the Britam's PR is very quiet about this Rawat/Mauritius govt saga for a listed company. 20.3% shareholding is not loose change. This needs a proper communication stream. Acquiring such a stake can easily push one's stake above CMA's 25% shareholding threshold for the existing shareholders.
Next from a fundies point of view the trailing EPS will take a huge haircut, which is my basis for calling the price to hit sub 10. Unless this year the EPS doubles, the market at the moment is pricing this counter irrationally. Therefore I don't see where you're getting the price discount unless you're privy to their Q1 results... Lopsided fallacy! I have explained the rationale behind profit warning and the ensuing rally several times.It was a plot by Kenyan big boys to buy the shares from Mauritian government cheaply. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Spikes wrote:Spikes wrote:hisah wrote:Spikes wrote:hisah wrote:Limit up gains in two days just before the news... Gaps get filled and the more it gaps up the more pain it'll cause when the reversal checks in. My target is still sub 10 handle. @spikes will attack me in the next few seconds What if the market proves you otherwise? Will you jump in? Still this stock is over discounted! The market is known have its irrational escapades (excess bulls/bears), but over time the market returns to the expected balance. I find it weird that the Britam's PR is very quiet about this Rawat/Mauritius govt saga for a listed company. 20.3% shareholding is not loose change. This needs a proper communication stream. Acquiring such a stake can easily push one's stake above CMA's 25% shareholding threshold for the existing shareholders.
Next from a fundies point of view the trailing EPS will take a huge haircut, which is my basis for calling the price to hit sub 10. Unless this year the EPS doubles, the market at the moment is pricing this counter irrationally. Therefore I don't see where you're getting the price discount unless you're privy to their Q1 results... Lopsided fallacy! I have explained the rationale behind profit warning and the ensuing rally several times.It was a plot by Kenyan big boys to buy the shares from Mauritian government cheaply. I don't buy your idea,such a big stake is not something a serious investor would throw away because of a warning "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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mlennyma wrote:Spikes wrote:Spikes wrote:hisah wrote:Spikes wrote:hisah wrote:Limit up gains in two days just before the news... Gaps get filled and the more it gaps up the more pain it'll cause when the reversal checks in. My target is still sub 10 handle. @spikes will attack me in the next few seconds What if the market proves you otherwise? Will you jump in? Still this stock is over discounted! The market is known have its irrational escapades (excess bulls/bears), but over time the market returns to the expected balance. I find it weird that the Britam's PR is very quiet about this Rawat/Mauritius govt saga for a listed company. 20.3% shareholding is not loose change. This needs a proper communication stream. Acquiring such a stake can easily push one's stake above CMA's 25% shareholding threshold for the existing shareholders.
Next from a fundies point of view the trailing EPS will take a huge haircut, which is my basis for calling the price to hit sub 10. Unless this year the EPS doubles, the market at the moment is pricing this counter irrationally. Therefore I don't see where you're getting the price discount unless you're privy to their Q1 results... Lopsided fallacy! I have explained the rationale behind profit warning and the ensuing rally several times.It was a plot by Kenyan big boys to buy the shares from Mauritian government cheaply. I don't buy your idea,such a big stake is not something a serious investor would throw away because of a warning Your argument is valid but remember Mauritian government was under pressure from Ponzi scheme victims. The Kenyan tycoons got it clear about the level of desperation in Mauritius, so the top Kenyan shareholders took advantage of the predicament of Mauritian government and financial indignation of the fugitive Dawood Rawat. What do you expect? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Briatm, Britam, Britam sounds like sweet candy!
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