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sparkly		#21 Posted : Friday, December 07, 2018 10:00:56 AM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		obiero wrote: 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 The simplest explanations are usually correct. Life is short. Live passionately.
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mwekez@ji		#22 Posted : Friday, December 07, 2018 11:07:19 AM
Rank: Chief Joined: 5/31/2011 Posts: 5,121		obiero wrote: 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 Wacha kutudanganya @Obiero. I&M and Stanbic had not been listed before the merger. Only City Trust and CFC had been listed.
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cyruskulei		#23 Posted : Friday, December 07, 2018 11:58:43 AM
Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya		mwekez@ji wrote: obiero wrote: 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 Wacha kutudanganya @Obiero. I&M and Stanbic had not been listed before the merger. Only City Trust and CFC had been listed. https://www.standardmedi...k-of-africa-merger-talks Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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sparkly		#24 Posted : Friday, December 07, 2018 12:42:42 PM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		cyruskulei wrote: mwekez@ji wrote: obiero wrote: sparkly wrote: obiero wrote: murchr wrote: [quote=Horton]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 Wacha kutudanganya @Obiero. I&M and Stanbic had not been listed before the merger. Only City Trust and CFC had been listed. https://www.standardmedi...-of-africa-merger-talks[/quote] Very welcome news indeed. Excellent opportunity to unlock the true value of NIC which lies somewhere between 60-75 per share. NIC is 11% of my portifolio ABP 29.6 Life is short. Live passionately.
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VituVingiSana		#25 Posted : Friday, December 07, 2018 12:45:53 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,371 Location: Nairobi		sparkly wrote: cyruskulei wrote: mwekez@ji wrote: obiero wrote: sparkly wrote: obiero wrote: murchr wrote: [quote=Horton]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 Wacha kutudanganya @Obiero. I&M and Stanbic had not been listed before the merger. Only City Trust and CFC had been listed. https://www.standardmedi...-of-africa-merger-talks[/quote] Very welcome news indeed. Excellent opportunity to unlock the true value of NIC which lies somewhere between 60-75 per share. NIC is 11% of my portifolio ABP 29.6 60-75? That's ambitious BUT #TukoPamoja if it gets there! Given the market and other banks PERs and PBs... 50/- is the max I think we can expect BUT I would love to be WRONG and get 50+ @Sparkly #TukoPamoja in Stanbic or that's @Horton? This one is a 120/- at the minimum even with all the drama. I think the SAcans will probably want to go private eventually. I think they will creep up to 75% then try 90% and then delist. I they pay us a good price 120-150 [higher the better] so we can #AcceptAndMoveOn Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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sparkly		#26 Posted : Friday, December 07, 2018 2:07:53 PM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		VituVingiSana wrote: sparkly wrote: cyruskulei wrote: mwekez@ji wrote: obiero wrote: sparkly wrote: obiero wrote: murchr wrote: [quote=Horton]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 Wacha kutudanganya @Obiero. I&M and Stanbic had not been listed before the merger. Only City Trust and CFC had been listed. https://www.standardmedi...-of-africa-merger-talks[/quote] Very welcome news indeed. Excellent opportunity to unlock the true value of NIC which lies somewhere between 60-75 per share. NIC is 11% of my portifolio ABP 29.6 60-75? That's ambitious BUT #TukoPamoja if it gets there! Given the market and other banks PERs and PBs... 50/- is the max I think we can expect BUT I would love to be WRONG and get 50+ @Sparkly #TukoPamoja in Stanbic or that's @Horton? This one is a 120/- at the minimum even with all the drama. I think the SAcans will probably want to go private eventually. I think they will creep up to 75% then try 90% and then delist. I they pay us a good price 120-150 [higher the better] so we can #AcceptAndMoveOn @VVS tuko pamoja. Here to make money. Life is short. Live passionately.
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Gadaffi		#27 Posted : Friday, December 07, 2018 3:02:49 PM
Rank: Member Joined: 2/13/2011 Posts: 284 Location: Nairobi		What is the combined ROE of the two companies
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Ericsson		#28 Posted : Friday, December 07, 2018 4:04:17 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,819 Location: NAIROBI		Gadaffi wrote: What is the combined ROE of the two companies It will be known when they report their first results under a merged entity Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Ericsson		#29 Posted : Monday, December 17, 2018 7:46:43 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,819 Location: NAIROBI		https://www.businessdail...7660-3hi091z/index.html Going by that article CBA will own 2/3 of the combined entity Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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sparkly		#30 Posted : Monday, December 17, 2018 8:41:49 AM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		Ericsson wrote: https://www.businessdailyafrica.com/markets/marketnews/CBA-tipped-to-offer-1-3-shares-in-NIC-merger/3815534-4897660-3hi091z/index.html Going by that article CBA will own 2/3 of the combined entity Most fair valuation is 3 NIC for 2 CBA shares. Life is short. Live passionately.
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