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I&M - FY 2017
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Ericsson wrote:Rwanda to sell 20% stake in I&M bank IPO TimetablePesa Nane plans to be shilingi when he grows up.
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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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. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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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.
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Rank: Elder Joined: 6/23/2009 Posts: 13,740 Location: nairobi
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Pesa Nane wrote:Please note that the I&M Bank (Rwanda) Limited IPO has been extended to Friday, 10th March 2017. Selling the unsellable COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:Pesa Nane wrote: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.
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Rank: Elder Joined: 6/23/2009 Posts: 13,740 Location: nairobi
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sparkly wrote:obiero wrote:Pesa Nane wrote: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 COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 12/4/2009 Posts: 10,775 Location: NAIROBI
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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
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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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.”
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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Metasploit wrote:Ericsson wrote:What has spooked I&M? Counter up maximum allowed limit of 10% today 100 shares traded Worth 8800
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Rank: Elder Joined: 6/23/2009 Posts: 13,740 Location: nairobi
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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 COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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Metasploit wrote:Ericsson wrote:What has spooked I&M? Counter up maximum allowed limit of 10% today 100 shares traded  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 African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Elder Joined: 6/23/2009 Posts: 13,740 Location: nairobi
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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 COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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