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Potential merger NIC + CBA
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Angelica _ann
#11 Posted : Thursday, December 06, 2018 9:56:46 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,937
Poor Cytonn, poor networks sold at the wrong time. Cc class 5 dropout thinking!!!
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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sparkly
#12 Posted : Thursday, December 06, 2018 10:07:36 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
murchr wrote:
Horton wrote:
Just received a PDF talking about a potential merger between CBA & NIC it’s like a press statement





Does that mean NIC will be de-listed?

Yes. Its more than likely considering trends of other Kenyatta family enterprise


This is a reverse meeger. An easy way for CBA to become listed. Just like CFC-Stanbic and IM-City Trust.
Life is short. Live passionately.
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obiero
#13 Posted : Thursday, December 06, 2018 10:07:40 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,318
Location: nairobi
Angelica _ann wrote:
Poor Cytonn, poor networks sold at the wrong time. Cc class 5 dropout thinking!!!

Very bad timing but it's not over until it's over..
COOP, IMH, KEGN, KQ, MTNU
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  | | Edit by user: Thursday, December 06, 2018 10:08 PM | Reason: Not specified
obiero
#14 Posted : Thursday, December 06, 2018 10:11:11 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,318
Location: nairobi
sparkly wrote:
obiero wrote:
murchr wrote:
Horton wrote:
Just received a PDF talking about a potential merger between CBA & NIC it’s like a press statement





Does that mean NIC will be de-listed?

Yes. Its more than likely considering trends of other Kenyatta family enterprise


This is a reverse meeger. An easy way for CBA to become listed. Just like CFC-Stanbic and IM-City Trust.

In those examples you mention, both partner firms were listed already before the merger.. Secondly, name only one Kenyatta family company which is at the NSE.. It's not by coincidence, but choice, for well known reasons
COOP, IMH, KEGN, KQ, MTNU
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  | | Edit by user: Thursday, December 06, 2018 10:13 PM | Reason: Not specified
Ericsson
#15 Posted : Thursday, December 06, 2018 10:48:02 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
The merged entity will be third largest in terms of assets and 4th in terms of profitability as per 2018 Q3 results
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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obiero
#16 Posted : Thursday, December 06, 2018 10:54:14 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,318
Location: nairobi
Ericsson wrote:
The merged entity will be third largest in terms of assets and 4th in terms of profitability as per 2018 Q3 results

Largest in terms of customer count
COOP, IMH, KEGN, KQ, MTNU
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Kusadikika
#17 Posted : Friday, December 07, 2018 1:26:30 AM
Rank: Elder

Joined: 7/22/2008
Posts: 2,723
These are people who are thinking about wealth preservation for the next 100 years.
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mlennyma
#18 Posted : Friday, December 07, 2018 7:58:16 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Kusadikika wrote:
These are people who are thinking about wealth preservation for the next 100 years.

You saw the recent volumes but didn't smell something.
"Don't let the fear of losing be greater than the excitement of winning."
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Ericsson
#19 Posted : Friday, December 07, 2018 8:52:56 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
mlennyma wrote:
Kusadikika wrote:
These are people who are thinking about wealth preservation for the next 100 years.

You saw the recent volumes but didn't smell something.

But the share price was falling
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Spikes
#20 Posted : Friday, December 07, 2018 8:58:32 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
mlennyma wrote:
Kusadikika wrote:
These are people who are thinking about wealth preservation for the next 100 years.

You saw the recent volumes but didn't smell something.


Isn't such record volume a clue to insider trading?
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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  | | Edit by user: Friday, December 07, 2018 9:00 AM | Reason: Not specified
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