KCB is a 2-in-1 play as follows;

1. Efficiency gains from Good-to-Great,
2. Increase in business along with the rest of the sector and the super-Sub in S. Sudan.

Thus, I still hold that as this bank moves toward Equity like efficiency stats, observers will be awed.

NB: The GCEO is a former CFO.

At the moment, the NSE has 61 listed companies, 51 of which are on the MIMS, 10 on AIMS and one on the GEMS.

The MIMS requires a company to have net assets of at least Sh100 million, minimum share capital of Sh50 million held by at least 1,000 shareholders and a track record of three years of profit in the past five years.

The AIMS requires a company to have at least Sh20 million in net assets, minimum share capital of Sh20 million held by at least 100 shareholders and a track record of at least two years, one of which it should have recorded profit.

The GEMS, on which Home Afrika is now listed, a company needs to show audited accounts for one year, for which they need not be profitable. It also needs to show evidence that it has enough working capital for one year to support its business growth plan. The minimum share capital requirement is Sh10 million with the controlling shareholders need to list being as little as 15 per cent of the company, to at least 25 shareholders, within three months after listing according to the NSE.

http://www.nation.co.ke/.../-/58cm8tz/-/index.html

NSE on course to touch Sh1.8tr mark




Investor wealth at the stock market has soared by Sh140 billion in the past three weeks, setting the Nairobi Securities Exchange (NSE) on course to touching the Sh1.8 trillion market capitalisation mark.

The rebound since end of June has seen total value of shares listed at the NSE surge to Sh1.74 trillion, nine per cent above the June 27 level of Sh1.60 trillion.

The resurgence has also lifted the bourse above the end of May market capitalisation level of Sh1.72 trillion, marking a complete recovery from the dip in June that had wiped off Sh100 billion in investor wealth.

“The market seems to have regained its vibrancy on anticipation of half-year numbers. We expect investors to remain active in the coming week,” said stockbrokerage firm Sterling Capital in a market report ahead of this week’s trading.

Ditto

Watching FTSE NSE 15 struggling with resistance between 160 - 164 levels just like last week after a sharp bounce. Potential for reversal is likely which means by end of week NSE20 will close below 4800.

Even if its deeply discounted aje...giys lost interest after safcon....8/10 guys I know have vowed never to put their money in the NSE its better being swindled elsewhere...
Obviously you and a couple of savvy investors here will know the pros of investing in such an IPO but the majority will take a pass...
The CMA went to sleep in regards to the retail investor...they are supposed to be at the fore front of promoting financial deepining they arent doing it...