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Briatm, Britam, Britam sounds like sweet candy!
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actuarywahisa
#1011 Posted : Tuesday, January 03, 2017 3:22:30 PM
Rank: Member

Joined: 5/21/2014
Posts: 184
Now why is the IFC deal turning into a rally? Kwani it's a takeover?
There are too many opportunities all around. Open your eyes and maybe you'll spot one
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mlennyma
#1012 Posted : Tuesday, January 03, 2017 3:29:07 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
actuarywahisa wrote:
Now why is the IFC deal turning into a rally? Kwani it's a takeover?

it's a vote of confidence for a big fund to be a shareholder
"Don't let the fear of losing be greater than the excitement of winning."
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obiero
#1013 Posted : Tuesday, January 03, 2017 3:59:14 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,477
Location: nairobi
mlennyma wrote:
actuarywahisa wrote:
Now why is the IFC deal turning into a rally? Kwani it's a takeover?

it's a vote of confidence for a big fund to be a shareholder

Nothing close. The big boys are playing IFC.. Munga, Wairegi et al. Hapa usipochunga utapoteza miaka kadhaa ya maisha
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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mlennyma
#1014 Posted : Tuesday, January 03, 2017 4:47:02 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
obiero wrote:
mlennyma wrote:
actuarywahisa wrote:
Now why is the IFC deal turning into a rally? Kwani it's a takeover?

it's a vote of confidence for a big fund to be a shareholder

Nothing close. The big boys are playing IFC.. Munga, Wairegi et al. Hapa usipochunga utapoteza miaka kadhaa ya maisha

you are only positive about KQ
"Don't let the fear of losing be greater than the excitement of winning."
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Ericsson
#1015 Posted : Tuesday, January 03, 2017 4:56:33 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,836
Location: NAIROBI
@mlenyama
Do you see any hope in Britam going forward
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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obiero
#1016 Posted : Tuesday, January 03, 2017 5:25:21 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,477
Location: nairobi
mlennyma wrote:
obiero wrote:
mlennyma wrote:
actuarywahisa wrote:
Now why is the IFC deal turning into a rally? Kwani it's a takeover?

it's a vote of confidence for a big fund to be a shareholder

Nothing close. The big boys are playing IFC.. Munga, Wairegi et al. Hapa usipochunga utapoteza miaka kadhaa ya maisha

you are only positive about KQ

I sold out a large portion of KQ at KES 7.. I would be very cautios with purchases at this time, even KQ
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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obiero
#1017 Posted : Tuesday, January 03, 2017 5:36:46 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,477
Location: nairobi
obiero wrote:
Up 15%

Closes the day 26% up.. Monkey business just like the infamous Orchards. Happy though for any wazuan enjoying the spike
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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mlennyma
#1018 Posted : Tuesday, January 03, 2017 6:22:11 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Ericsson wrote:
@mlenyama
Do you see any hope in Britam going forward

britam will be among the first stocks which will double their current price when Mr market starts recovering
"Don't let the fear of losing be greater than the excitement of winning."
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Ericsson
#1019 Posted : Tuesday, January 03, 2017 8:21:23 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,836
Location: NAIROBI
mlennyma wrote:
Ericsson wrote:
@mlenyama
Do you see any hope in Britam going forward

britam will be among the first stocks which will double their current price when Mr market starts recovering


With the additional shares to be issued, I wish you all the best
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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mlennyma
#1020 Posted : Tuesday, January 03, 2017 9:56:30 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Ericsson wrote:
mlennyma wrote:
Ericsson wrote:
@mlenyama
Do you see any hope in Britam going forward

britam will be among the first stocks which will double their current price when Mr market starts recovering


With the additional shares to be issued, I wish you all the best

this additional shares are not to be held by a speculator so the effect of flooding the market won't be felt in the medium term,secondly the pricing of almost 16bob is an advantage to those of us who bought around 10bob, my only worry would be Mr munga trying to sell his 23% in open market next year
"Don't let the fear of losing be greater than the excitement of winning."
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