Wazua
»
Investor
»
Stocks
»
SMEP DTM Share Offer at Ksh11
Rank: Member Joined: 8/25/2010 Posts: 283 Location: Nairobi
|
Planing to raise Ksh1.6Billion form this offer. 145,454,546 O/shares! I dont know much about this company but have a good number of branches countrywide especially in the Mashinanis. Who knows how much dividend per share was paid last year(2011) as they say. Any wazuans here privy to the info?? www.propertyzote.com the ultimate ‘one stop online shop’ of choice connecting more people with more properties at the click of a button
|
|
|
Rank: Member Joined: 11/10/2010 Posts: 281 Location: Nairobi
|
I think they seem to have the general idea of a dtm well implemented.
From their financial statements it seems that 70% of their profits get swallowed by finance costs. I assume this is because they were borrowing money then lending it out, this is probably the main aim behind raising their own interest.
If the 2011 results are anything to go by, then I'm buying into it. This could easily grow into a full fledged bank. Though I foresee several changes in management and the board taking place once the money checks in.
|
|
|
Wazua
»
Investor
»
Stocks
»
SMEP DTM Share Offer at Ksh11
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.