Realtreaty wrote:Going back to basics. The Mauritian govt trusts the Rawat investment in Britam Kenya and is not ready to let go. With all eyes open at the Good investment the firm is undertaking and the East and central Highest Tower yet to open Britam is turning to be a profit generator.
The price of the stock seems to move back to its 30s very soon. Most likely Mauritian Govt would sell its Rawat holding share to competing investors who are angling to buy with a negotiated top price. This could even be a between 35-45 Kes a share.
The Mauritius Govt is not conducting a Fire Sale or a Sale to 'connected' parties. If this was the Kenyan gov't the stake would have been sold chini-chini.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett