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Potential merger NIC + CBA
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Potential merger NIC + CBA
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VituVingiSana
#101
Posted :
Thursday, April 04, 2019 10:47:36 PM
Rank: Chief
Joined: 1/3/2007
Posts: 18,371
Location: Nairobi
NIC is part of the Wezesha Consortium.
As is CBA.
The merger is beginning to make sense.
Greedy when others are fearful. Very fearful when others are greedy
-
to paraphrase Warren Buffett
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mwekez@ji
#102
Posted :
Wednesday, April 10, 2019 8:23:52 PM
Rank: Chief
Joined: 5/31/2011
Posts: 5,121
https://www.businessdailyafrica....065016-b3sv44/index.html
Who has received the quoted circular?
The merged entity expected to list in July¿
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mwekez@ji
#103
Posted :
Thursday, April 11, 2019 11:29:12 AM
Rank: Chief
Joined: 5/31/2011
Posts: 5,121
Circular to shareholders ... Merged entity expected to list on 17th July 2019 ... Sooner than i thought
https://www.nicgroup.com/wp-cont...up-PLC-Circular-2019.pdf
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VituVingiSana
#104
Posted :
Thursday, April 11, 2019 11:40:15 AM
Rank: Chief
Joined: 1/3/2007
Posts: 18,371
Location: Nairobi
mwekez@ji wrote:
Circular to shareholders ... Merged entity expected to list on 17th July 2019 ... Sooner than i thought
https://www.nicgroup.com/wp-cont...up-PLC-Circular-2019.pdf
I hope they can get a Strategic Investor [not the Kenyattas or Ndegwas] who can pump in money for regional expansion + expertise. This would also provide us with a better idea as to intrinsic value.
Greedy when others are fearful. Very fearful when others are greedy
-
to paraphrase Warren Buffett
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cyruskulei
#105
Posted :
Thursday, April 11, 2019 11:51:48 AM
Rank: Member
Joined: 3/9/2010
Posts: 320
Location: kenya
VituVingiSana wrote:
mwekez@ji wrote:
Circular to shareholders ... Merged entity expected to list on 17th July 2019 ... Sooner than i thought
https://www.nicgroup.com/wp-cont...up-PLC-Circular-2019.pdf
I hope they can get a Strategic Investor [not the Kenyattas or Ndegwas] who can pump in money for regional expansion + expertise. This would also provide us with a better idea as to intrinsic value.
I have learned today the full meaning of NIC - National Industrial Credit.
Now I know
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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Ericsson
#106
Posted :
Thursday, April 11, 2019 11:52:36 AM
Rank: Elder
Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
cyruskulei wrote:
VituVingiSana wrote:
mwekez@ji wrote:
Circular to shareholders ... Merged entity expected to list on 17th July 2019 ... Sooner than i thought
https://www.nicgroup.com/wp-cont...up-PLC-Circular-2019.pdf
I hope they can get a Strategic Investor [not the Kenyattas or Ndegwas] who can pump in money for regional expansion + expertise. This would also provide us with a better idea as to intrinsic value.
I have learned today the full meaning of NIC - National Industrial Credit.
Now I know
Ghosh
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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aemathenge
#107
Posted :
Thursday, April 11, 2019 12:02:16 PM
Rank: Elder
Joined: 10/18/2008
Posts: 3,434
Location: Kerugoya
cyruskulei wrote:
VituVingiSana wrote:
mwekez@ji wrote:
Circular to shareholders ... Merged entity expected to list on 17th July 2019 ... Sooner than i thought
https://www.nicgroup.com/wp-cont...up-PLC-Circular-2019.pdf
I hope they can get a Strategic Investor [not the Kenyattas or Ndegwas] who can pump in money for regional expansion + expertise. This would also provide us with a better idea as to intrinsic value.
I have learned today the full meaning of NIC - National Industrial Credit.
Now I know
Okay. Now, how about finding out what CBA stands for.
https://mahegoat.wordpress.com
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Ericsson
#108
Posted :
Thursday, April 11, 2019 12:25:08 PM
Rank: Elder
Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
Coop bank will soon overtake them in terms of asset base
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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sparkly
#109
Posted :
Thursday, April 11, 2019 2:04:19 PM
Rank: Elder
Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
mwekez@ji wrote:
Circular to shareholders ... Merged entity expected to list on 17th July 2019 ... Sooner than i thought
https://www.nicgroup.com/wp-cont...up-PLC-Circular-2019.pdf
Reverse merger confirmed:
1. Banking business of NIC will be moved to CBA;
2. Some directors of NIC will resign;
3. The new combined entity wil be renamed. Directors of combined entity to have full discretion in the name.
Life is short. Live passionately.
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Ebenyo
#110
Posted :
Thursday, April 11, 2019 6:53:07 PM
Rank: Veteran
Joined: 4/4/2016
Posts: 2,021
Location: Kitale
aemathenge wrote:
cyruskulei wrote:
VituVingiSana wrote:
mwekez@ji wrote:
Circular to shareholders ... Merged entity expected to list on 17th July 2019 ... Sooner than i thought
https://www.nicgroup.com/wp-cont...up-PLC-Circular-2019.pdf
I hope they can get a Strategic Investor [not the Kenyattas or Ndegwas] who can pump in money for regional expansion + expertise. This would also provide us with a better idea as to intrinsic value.
I have learned today the full meaning of NIC - National Industrial Credit.
Now I know
Okay. Now, how about finding out what CBA stands for.
Commercial Bank of Africa
Towards the goal of
financial freedom
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