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I&M - FY 2017
Pesa Nane
#21 Posted : Wednesday, February 15, 2017 1:28:14 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Ericsson wrote:
Rwanda to sell 20% stake in I&M bank




IPO Timetable
Pesa Nane plans to be shilingi when he grows up.
muandiwambeu
#22 Posted : Wednesday, February 15, 2017 3:18:34 PM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,247
obiero wrote:
sparkly wrote:
Ericsson wrote:
The Rwandan government plans next week to sell its 20% stake in I&M bank operations in Rwanda with the aim of raising $14.1mn
The IPO would be launched on Feb 14 and the proceeds would be used to help finance a new airport at Bugesera


Premature sale IMO. My friend Kihara Maina brings valuable experience from Barclays TZ to I&M. Expect exponential growth going forward.

Bugesera airport is a political project, situated deep inside Tutsi land. An airport at Ruhengeri makes more economic sense, offering access to Congo and the Virunga.

No respectable Kenyan will buy this IPO.. Why trade on a cross listing while the holding group is right here

Right to dissent. I like the judge who opted out of occampos mandarins in Kenia coz was well convinced to have it documented. These times are difficult and trying. Be wary, @obiero spake and Rwandan government heard. Yea of little faith, whose ears are on the skies, put them on the ground and hear this for your survival.Laughing out loudly Laughing out loudly Laughing out loudly
,Behold, a sower went forth to sow;....
Pesa Nane
#23 Posted : Friday, March 03, 2017 2:35:36 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane wrote:
Ericsson wrote:
Rwanda to sell 20% stake in I&M bank




IPO Timetable


Please note that the I&M Bank (Rwanda) Limited IPO has been extended to Friday, 10th March 2017.
Pesa Nane plans to be shilingi when he grows up.
obiero
#24 Posted : Friday, March 03, 2017 3:24:12 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,547
Location: nairobi
Pesa Nane wrote:
Pesa Nane wrote:
Ericsson wrote:
Rwanda to sell 20% stake in I&M bank




IPO Timetable


Please note that the I&M Bank (Rwanda) Limited IPO has been extended to Friday, 10th March 2017.

Selling the unsellable

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
sparkly
#25 Posted : Saturday, March 04, 2017 6:59:19 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
Pesa Nane wrote:
Pesa Nane wrote:
Ericsson wrote:
Rwanda to sell 20% stake in I&M bank




IPO Timetable


Please note that the I&M Bank (Rwanda) Limited IPO has been extended to Friday, 10th March 2017.

Selling the unsellable


How is it unsellable?
Life is short. Live passionately.
obiero
#26 Posted : Saturday, March 04, 2017 7:49:06 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,547
Location: nairobi
sparkly wrote:
obiero wrote:
Pesa Nane wrote:
Pesa Nane wrote:
Ericsson wrote:
Rwanda to sell 20% stake in I&M bank




IPO Timetable


Please note that the I&M Bank (Rwanda) Limited IPO has been extended to Friday, 10th March 2017.

Selling the unsellable


How is it unsellable?

BoK has virtually no competition in Rwanda. Even KCB has struggled in that market evidenced by the recent downsize http://kenyanwallstreet....an-subsidiary-kenya-next

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Ericsson
#27 Posted : Thursday, March 09, 2017 3:56:38 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
What has spooked I&M?
Counter up maximum allowed limit of 10% today
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Metasploit
#28 Posted : Thursday, March 09, 2017 5:05:44 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Ericsson wrote:
What has spooked I&M?
Counter up maximum allowed limit of 10% today


100 shares traded

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
bartum
#29 Posted : Thursday, March 09, 2017 6:09:01 PM
Rank: Veteran


Joined: 8/11/2010
Posts: 1,011
Location: nairobi
Metasploit wrote:
Ericsson wrote:
What has spooked I&M?
Counter up maximum allowed limit of 10% today


100 shares traded

Worth 8800
obiero
#30 Posted : Thursday, March 09, 2017 6:57:39 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,547
Location: nairobi
bartum wrote:
Metasploit wrote:
Ericsson wrote:
What has spooked I&M?
Counter up maximum allowed limit of 10% today


100 shares traded

Worth 8800

Exit while you can

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Sober
#31 Posted : Friday, March 10, 2017 8:37:50 AM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
Metasploit wrote:
Ericsson wrote:
What has spooked I&M?
Counter up maximum allowed limit of 10% today


100 shares traded


Laughing out loudly Laughing out loudly Laughing out loudly it means me and my brother Obiero can sell each other 100 shares to and fro everyday so as to push the price up by even 50% in a week. This market is not reflective aki d'oh! d'oh!
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
obiero
#32 Posted : Friday, March 10, 2017 9:51:58 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,547
Location: nairobi
Sober wrote:
Metasploit wrote:
Ericsson wrote:
What has spooked I&M?
Counter up maximum allowed limit of 10% today


100 shares traded


Laughing out loudly Laughing out loudly Laughing out loudly it means me and my brother Obiero can sell each other 100 shares to and fro everyday so as to push the price up by even 50% in a week. This market is not reflective aki d'oh! d'oh!

Imagine! Such shenanigans can only happen to Illiquid counters.. City Trust was a master of such operations. It even once hit KES 710 per share

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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