wazua Sun, Dec 22, 2024
Welcome Guest Search | Active Topics | Log In | Register

NBK SPO.
Options
Previous Topic · Next Topic
ddsimiyu
#1 Posted : Friday, April 10, 2009 9:15:00 AM
Rank: Member


Joined: 1/8/2007
Posts: 116
Location: Kampala
Educate me somebody?. Does it mean that the current share-holders won't right of purchase or even voice their opion in NBK's agm. Why should a CEO of a public bank talk as if NBK is there for taking before the process kicks off

Desiderious
Back to top
 Report Abusive | Report SPAM
jerry
#2 Posted : Friday, April 10, 2009 9:32:00 AM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
He is just exposing himself by being proud. If needs some1 like M/s Mambo to humble him.

Ecs 11.2 Give portions to seven,yes to eight,for you do not know what disaster may come upon the land.
The opposite of courage is not cowardice, it's conformity.
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#3 Posted : Friday, April 10, 2009 10:48:00 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Kuongea ni bure. This is not saffueringcon. Let EB talk. It is good coz NBK can then get the best price - if done transparently.

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
Gordon Gekko
#4 Posted : Friday, April 10, 2009 12:44:00 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
JM's statement on NBK has been taken completetly out of context so it doesn't merit any comment. However if Eq were to buy NBK,what would the gain be? Eq has a much larger footprint than NBK,so getting the NBK network is of no advantage. NBK also doesnt have niche Eq would be interested in. Also consider that there is some business NBK gets because it is a 'Govt' bank - parastatal accounts etc,which would be lost if NBK is fully privatised. However,a 'small' bank like CFC that is looking for branches should be very interested in NBK.
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#5 Posted : Sunday, April 12, 2009 10:13:00 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
EB buying NBK is a waste. The culture that EB fosters is NOT there. EB has more ATMs & branches than NBK. And they overlap.

CFC-Stanbic... maybe but KCB will eat their lunch. And gava has no incentive to leave cheap funds @ NBK if CFC takes over.

NSSF & GoK can put their cash into Consolidated or other gava controlled or owned banks.

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (2)
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2024 Wazua.co.ke. All Rights Reserved.