Wazua
»
Investor
»
Stocks
»
Britam buys HFCK shares from Equity
Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
|
#dunkangWhileYouWereAway, Britam traded at 24/-!!!!!!!! Receive with simplicity everything that happens to you.” ― Rashi
|
|
|
Rank: Elder Joined: 12/7/2012 Posts: 11,908
|
dunkang wrote:#dunkangWhileYouWereAway, Britam traded at 24/-!!!!!!!!  I hope you are in! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
|
|
|
Rank: Member Joined: 7/24/2010 Posts: 236 Location: nairobi
|
The chairman of equity has been reducing his stake in equity bank while the ceo has been increasing.
I to not know the trend for the two in britam.
|
|
|
Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
|
Angelica _ann wrote:dunkang wrote:#dunkangWhileYouWereAway, Britam traded at 24/-!!!!!!!! I hope you are in! Kwa hii, niko ndani kama thong! Receive with simplicity everything that happens to you.” ― Rashi
|
|
|
Rank: Member Joined: 5/31/2011 Posts: 250
|
dunkang wrote:Angelica _ann wrote:dunkang wrote:#dunkangWhileYouWereAway, Britam traded at 24/-!!!!!!!! I hope you are in! Kwa hii, niko ndani kama thong! @dunkang, what a comparison You lose money chasing women, but you never lose women chasing money - NAS
|
|
|
Rank: New-farer Joined: 9/29/2012 Posts: 79
|
Kenyan Oracle wrote:dunkang wrote:Angelica _ann wrote:dunkang wrote:#dunkangWhileYouWereAway, Britam traded at 24/-!!!!!!!! I hope you are in! Kwa hii, niko ndani kama thong! @dunkang, what a comparison very funny comparison @ angelica unaskia aje hiyo? The God of the day is still God in the night.
|
|
|
Rank: Member Joined: 1/14/2014 Posts: 178
|
In spite of the comparisons (sic), HFCK is headed south today. Seems reality is starting to sink that Member wants to compete directly with HFCK and we know the outright winner. Innovations required here but seems the cards are still on the table. Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,551 Location: nairobi
|
muganda wrote:Considering the musical chairs between Britam, HFCK, Equity; you have to admire the gain in market capitalization just by changing which place in the sitting room you choose to rest your bum  There is conspiracy to raise the price by the three firms.. The CMA needs to avoid this kind of cartelism
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
obiero wrote:muganda wrote:Considering the musical chairs between Britam, HFCK, Equity; you have to admire the gain in market capitalization just by changing which place in the sitting room you choose to rest your bum There is conspiracy to raise the price by the three firms.. The CMA needs to avoid this kind of cartelism Global top market regulators would indeed have flagged these kind of moves. But in KE and with the current regulator, nothing doing. This is moving money from the left hand to the right hand and back. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
|
hisah wrote:obiero wrote:muganda wrote:Considering the musical chairs between Britam, HFCK, Equity; you have to admire the gain in market capitalization just by changing which place in the sitting room you choose to rest your bum There is conspiracy to raise the price by the three firms.. The CMA needs to avoid this kind of cartelism Global top market regulators would indeed have flagged these kind of moves. But in KE and with the current regulator, nothing doing. This is moving money from the left hand to the right hand and back. Who is the Acting CEO of CMA? Who is the Chairman of Britam? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
whos complaining? shares that should rally some times do not, at times even go lower. we'll take this one. I can see what they are doing but are they hurting anyone? The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,551 Location: nairobi
|
Aguytrying wrote:whos complaining? shares that should rally some times do not, at times even go lower.
we'll take this one.
I can see what they are doing but are they hurting anyone? Surely you know what happened with Uchumi, C&G.. In the USA the meltdown in NYSE was largely due to lack of adequate vigilance by regulators.. Its simply not healthy what the three are doing and they may catch people out
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
|
Simply stated the fluactions are not due to creation of value or lack of but simple shifting omney from one hand to the other and making noise about it..
|
|
|
Rank: Member Joined: 7/24/2010 Posts: 236 Location: nairobi
|
Another suspect is centum. Pumping without getting tired/exhausted.
|
|
|
Rank: Member Joined: 2/8/2007 Posts: 808
|
Seriously we surely don't believe Britam wants to own 46% of HF as a portfolio holding to just earn dividend do we. Secondly I am just wondering what price did Britam and Equity agree to do the trade at. This sometimes can be a fools market.
|
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
Kenyans amaze me!! Instead of following the money They sit there at home crying foul for every little thing! Then 10 years later they will be scrambling to buy HFCK at 300 bob as Britam exits! How do you help such?? Or you think Britam is buying because they are idiots over there?? Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Member Joined: 5/9/2014 Posts: 130 Location: Nairobi
|
I missed this bus especially HFCK, regrets but I suppose lesson learnt. Rights issue clouded my decision making. I thought if I missed one, I could have jumped on another, I had HFCK, and TPS Serena (TPS - Insecurity) on my radar with, Member and Simba in distant view. Now stuck chasing Member but can't pull the buy through because of huge demand.
|
|
|
Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
|
Guys,let the conspiracy be. If you're in any of the 3 buses lets enjoy the ride. The rest jump in or wave good bye as we disappear in the horizon. The only guys that would scare me if they came to town are the flash boys!
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
|
Guys equity bank is selling the housing finance stake to britam to raise money for equitel which is the mobile phone business. There is nothing spectacular going on. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Member Joined: 2/8/2007 Posts: 808
|
@Erickson you are very asleep. Equity doesn't need much money to do the mobile business. They will not be selling calling minutes only sms to their banking network.
Look at this deal from the Britam end and you will see what is happening. I am amazed how only a few seem to see what is happening. Anyways ketini hapo hapo na muketi na amani na umoja as baba Moi would often tell us.
See you in 2 years when HF is 200bob plus.
|
|
|
Wazua
»
Investor
»
Stocks
»
Britam buys HFCK shares from Equity
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|