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BRITAM RISING...
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mikegachunji
#1 Posted : Monday, August 08, 2016 6:14:29 PM
Rank: Member


Joined: 11/19/2009
Posts: 3,142
After hitting a low of sh12, we're now seeing a steady rise with a high of sh 13.30 being seen today..is this a stock to watch or are the volumes not supporting this move?? your thoughts?smile smile
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  | | Edit by user: Monday, August 08, 2016 6:19 PM | Reason: Not specified
Impunity
#2 Posted : Monday, August 08, 2016 6:52:38 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
Fattening chicks for the gallow!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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VituVingiSana
#3 Posted : Monday, August 08, 2016 10:22:22 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
That's all they got for 25% of Acorn?
http://mobile.nation.co....36888-yed0vf/index.html

How much did Britam buy the 25% for?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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sparkly
#4 Posted : Tuesday, August 09, 2016 6:26:10 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
VituVingiSana wrote:
That's all they got for 25% of Acorn?
http://mobile.nation.co....36888-yed0vf/index.html

How much did Britam buy the 25% for?



Bought at the same amount.

This transaction is suspicious
Life is short. Live passionately.
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Angelica _ann
#5 Posted : Tuesday, August 09, 2016 7:31:26 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
If you consider transaction costs, time value of money and litigation costs then Britam incured losses. Sad Sad Sad
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Othelo
#6 Posted : Tuesday, August 09, 2016 8:43:39 AM
Rank: User


Joined: 1/20/2014
Posts: 3,528
Shafting continues Sad
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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mlennyma
#7 Posted : Tuesday, August 09, 2016 10:01:53 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Othelo wrote:
Shafting continues Sad

So the valuation of that company was about 1.2b ?
"Don't let the fear of losing be greater than the excitement of winning."
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