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Briatm, Britam, Britam sounds like sweet candy!
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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@hisah what is wrong if @realtreaty deviates from a financial analyst and he vehemently argues like a political scientist painting the true picture on opportunistic Kenyan businessmen style of screwing competitors and hammering deals in lowest prices possible? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Spikes wrote:@hisah what is wrong if @realtreaty deviates from a financial analyst and he vehemently argues like a political scientist painting the true picture on opportunistic Kenyan businessmen style of screwing competitors and hammering deals in lowest prices possible?  @spikes Go slow here. You should know the various tags(names) in Wazua, their main approaches, the threads they participate in and their style/level of analysis. From these you'll know who to engage and how(skills) to engage various wazuans on various issues! Thank me later as you grow wiser. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Completely lost by @realtreaty and @spikes on how the Mauritian gov is being screwed. Life is short. Live passionately.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Completely lost by @realtreaty and @spikes on how the Mauritian gov is being screwed. Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,204 Location: Nairobi
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Realtreaty wrote:hisah wrote:Golden handcuff indeed. The market forgots very fast. When the ponzi director was exposed that's when the price accelerated downhill. This acorn lawsuit was just a side show. It's been a nice drama all in all. The overhang still remains the Mauritius govt stake which assumed that significant ownership. Until that stake settles down, the price will struggle to regain and sustain bullish drive. I may not fully agree with You @Hisah. Britam will play its cards safe. The Mauritian govt is trying to take money away and Britam has made sure they take the least (Low price sale) As I intimated earlier Britam may buy bck these shares and sell to partner in future as Mauritian govt can be blackmailed by shs 18 to 19 per share than the one it was at (21-29) when R/Dawat issue arose. On the other hand Britam is owned in Kenya by majority kikuyu business moguls who never sleep on the job. They know how to chase wildbeeste like a lioness in Savannah.The will pull a Merali con-factor and retain their business.They will still determine who will buy the R/Dawat holding. The have screwed Accorn and will still screw Muritians The 'ownership' saga doesn't benefit Britam's other (minority) shareholders. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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VituVingiSana wrote:Realtreaty wrote:hisah wrote:Golden handcuff indeed. The market forgots very fast. When the ponzi director was exposed that's when the price accelerated downhill. This acorn lawsuit was just a side show. It's been a nice drama all in all. The overhang still remains the Mauritius govt stake which assumed that significant ownership. Until that stake settles down, the price will struggle to regain and sustain bullish drive. I may not fully agree with You @Hisah. Britam will play its cards safe. The Mauritian govt is trying to take money away and Britam has made sure they take the least (Low price sale) As I intimated earlier Britam may buy bck these shares and sell to partner in future as Mauritian govt can be blackmailed by shs 18 to 19 per share than the one it was at (21-29) when R/Dawat issue arose. On the other hand Britam is owned in Kenya by majority kikuyu business moguls who never sleep on the job. They know how to chase wildbeeste like a lioness in Savannah.The will pull a Merali con-factor and retain their business.They will still determine who will buy the R/Dawat holding. The have screwed Accorn and will still screw Muritians The 'ownership' saga doesn't benefit Britam's other (minority) shareholders. @ Realtreaty this is true. Infact uncertainty regarding the Rawat stake plunged the price from 30's to the current 15.00-16.00. unless there is building excitement of the new shareholder, there's nothing for the minorities here The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 8/16/2011 Posts: 2,351
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The REAL truth is coming this November when the Mauritian govt will make decision whether to sell or keep holding their share. Do not forget that 2016 my be the best year to sell after FY2015 results noting that more hype of opening the Britam Center will likely push the price up and occupancy of the building on completion.
Dangote may move in there by the way occupying whole floor.Some Banks have already taken good space. A good office is big business.
Since Mauritian govt is looking for money and want to punish R/Dawat they will sell to get money and avoid court cases.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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What if the Mauritius tycoons obtains an injuction restraining the his government to stop selling his stake? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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sparkly wrote:Completely lost by @realtreaty and @spikes on how the Mauritian gov is being screwed. I'm also lost. @realtreaty is @tycho of the blue section
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Rank: Elder Joined: 8/16/2011 Posts: 2,351
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Spikes wrote:What if the Mauritius tycoons obtains an injuction restraining the his government to stop selling his stake?  Its politics, Politics of bad competition where after winning you screw your opposition mercilessly. If the current Mauritian govt is beaten next, R/Dawat will push for refunds. This is how Corruption trickles in as much of the money will have gone in some peoples pockets as consultants, Lawyers, paid to poor peasants of Bramer etc. 
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Rank: New-farer Joined: 1/6/2015 Posts: 23
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Big volume and its only 9am!!!!!!!
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Maybe they have sensed danger want to pull out massively! BTW nobody wants to be shafted and we can't be spooky. Just call a spade a spade. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 8/19/2015 Posts: 125
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Wazuans, Kindly dont touch this one!!!
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Rank: Elder Joined: 8/16/2011 Posts: 2,351
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Forecast not very bad. Seems Wairegi can see far as a giraffe though there are some taller trees than 2014. To retain money Wairegi and team may offer bonus shares 1:10 High interest rates to affect Britam’s share earnings
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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This is truly a prisoner's dilema scenario in play here. Rawarts controlled close to a quarter of britam. During his hay days at britam, acorn saga was at play shedding chills down investors portifolios. Dwart exit was even more dramatic n still reosnating indignantly in investors radar, more poignant than acorn saga recent revelations. 50% of investors confidence in this Co has been wiped away. wairigi n ukuyu tycoons are watching this Co test hostile takeovers whatever you may wish u it to be. Its common knowledge that u have to know who ur bed mate is but for britam its a loose knot. Mauritius is a safe haven and anything may come ur way n get your goose cooked asap. If ur inside this brit_arms Co a hot bed of sagas be in the know that the-corn may have just been masked ready to pose for the cameras. Rawarty r making B investors rousy. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 8/16/2011 Posts: 2,351
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Putting it more down to make sure the Mauritians come to our level!!! I pray they dispose off Britam than keep it as it will be a bigger duel in future downline with court battles with R/Dawats of ownership. Here it showed how Mauritian govt failed from start as they could have put the sale unwares to catch the good price that was 29 by then. Eddy Njoroge group makes second sale of Britam shares
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Anyone who got in at the beginning of 2014 and is still invested has seen a round trip!  Currently testing the year lows. Scope still remains to test the 10 handle. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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hisah wrote:Anyone who got in at the beginning of 2014 and is still invested has seen a round trip! Currently testing the year lows. Scope still remains to test the 10 handle. A breath taking slide, could you pull one up for ARM, I tell your there are investors who have been taken to cleaners from 5400 to 3800. Esp in these stocks. Britam, arm, KQ, Mumias, ADSS, HAFR, tranny, centum. Carbacid, nmg, etc The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: User Joined: 1/20/2014 Posts: 3,528
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Aguytrying wrote:hisah wrote:Anyone who got in at the beginning of 2014 and is still invested has seen a round trip! Currently testing the year lows. Scope still remains to test the 10 handle. A breath taking slide, could you pull one up for ARM, I tell your there are investors who have been taken to cleaners from 5400 to 3800. Esp in these stocks. Britam, arm, KQ, Mumias, ADSS, HAFR, tranny, centum. Carbacid, nmg, etc KCB,HFCK, CFC, PAN African Insurance etc Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Elder Joined: 8/16/2011 Posts: 2,351
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Yes we all expect the cash cows to perform better than they could at their best with rough economic times hitting the oil industry which ofcourse determines production. The assumption that Kenya orchards moved from 3.0 Kes to 125 Kes tells Wanjiku like me that Uchumi or Brclays can do much better and infact tend to hold even at peak. The son of Man will come as a Thief, No one knows when, even Angles have not been Told!!!!!!!
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Briatm, Britam, Britam sounds like sweet candy!
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