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Will Equity benefit from Helios-Shell buyout plan
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freiks
#1 Posted : Thursday, July 22, 2010 12:15:54 AM
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Helios is buying stake in shell Africa (BDAFRICA)how is this deal likely to affect EB shares in short terms and longterms basis. I think its another plus for the much maligned EB
Life is an endless adventure
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VituVingiSana
#2 Posted : Thursday, July 22, 2010 5:52:11 AM
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Who says Equity is maligned? Good news for Equity coz Shell stations in Kenya, Uganda can be financed by Equity...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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tmatekwa
#3 Posted : Thursday, July 22, 2010 9:44:28 AM
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Long shot in the dark, not warranting action on this counter,all the same worth keeping in mind
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youcan'tstopusnow
#4 Posted : Thursday, July 22, 2010 11:39:50 AM
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VituVingiSana wrote:
Who says Equity is maligned?

Ask yekeyekesmile
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2012
#5 Posted : Thursday, July 22, 2010 11:50:02 AM
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freiks wrote:
Helios is buying stake in shell Africa (BDAFRICA)how is this deal likely to affect EB shares in short terms and longterms basis. I think its another plus for the much maligned EB


How are the two even related? What makes you think that Equity will be affected?

BBI will solve it :)
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youcan'tstopusnow
#6 Posted : Thursday, July 22, 2010 12:22:07 PM
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2012 wrote:
How are the two even related? What makes you think that Equity will be affected?

2012, what about the reason VVS gave above?
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2012
#7 Posted : Thursday, July 22, 2010 1:20:42 PM
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youcan'tstopusnow wrote:
2012 wrote:
How are the two even related? What makes you think that Equity will be affected?

2012, what about the reason VVS gave above?


True but that's just one of the many options open to Helios. I bet they have other sources of funding at better rates. But for day to day operations, maybe.

BBI will solve it :)
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VituVingiSana
#8 Posted : Thursday, July 22, 2010 1:33:14 PM
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2012 wrote:
youcan'tstopusnow wrote:
2012 wrote:
How are the two even related? What makes you think that Equity will be affected?

2012, what about the reason VVS gave above?

True but that's just one of the many options open to Helios. I bet they have other sources of funding at better rates. But for day to day operations, maybe.
Equity is not a long-term financing bank for an entity like Helios. The fees are crazy & interest rates are even worse!

I meant that local operators (Kenya & Uganda) may use Equity Bank for:

- Purchase financing
- Working Capital e.g. stocks
- Financing of related ventures
- Provision of banking services
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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freiks
#9 Posted : Thursday, July 22, 2010 7:26:08 PM
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Maybe i read from different world "MARS" I thought Helios bought a stake in Equity bank, thus I wanted to know if Equity might benefit from such a buyout of Shell if Helios has a stake in it. Forgive me if I was misinformed
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KulaRaha
#10 Posted : Friday, July 23, 2010 12:43:48 AM
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how can Equity lend to a Helios owned company? that is insider lending and will have serious regulator requirements.
Business opportunities are like buses,there's always another one coming
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VituVingiSana
#11 Posted : Friday, July 23, 2010 3:14:54 AM
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KulaRaha wrote:
how can Equity lend to a Helios owned company? that is insider lending and will have serious regulator requirements.
Huh? Nothing 'insider' coz Helios does NOT have a controlling interest in Equity Bank. Plus the deals/cash would be to Shell Dealers who are contracted with Shell/Helios. It is a loan like any other.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mozenrat
#12 Posted : Friday, July 23, 2010 10:08:46 AM
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KulaRaha wrote:
how can Equity lend to a Helios owned company? that is insider lending and will have serious regulator requirements.


Nevertheless, they can still lend to them.. Other than disclosure, what are the other requirements? I mean Directors are always taking insider loans and don't seem deterred.
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