KES 6-7bn is a lot of money...
Considering we just had KPLC [KES 9.5bn], Deacons, I&M Bank [KES 2.4bn], etc... Is there demand for another large IPO?

Anyway, I will make a decision AFTER reading the IM. The rest is speculation!

i applied for insurance through equity bank and i noticed that this is one of the insurance companies that they have faith in. i dont know if this makes a diference but i will also wait for the I.M

Its an all round good company. It holds a chunk of Equity and HFCK and is a leader in some of the insurance niches.

The key thing for me is what the float says its worth. Because, if its floating 25% to get Ksh7bn, that implies Britak is worth Ksh28bn i.e.the 10th largest NSE share by market. Wapi?

In 2009, British American registered a consolidated loss before tax of Sh334 million compared to a Sh340 million profit in 2008 due poor performance of the NSE, which registered a 34 per cent decline.

The group, in its last annual report said that the decline affected the investment income of the asset management company’s equity portfolio which resulted in a Sh574 million unrealised loss, causing a 23 per cent decline in revenue to Sh118 million in 2009 from Sh154 million in 2008 and a loss after tax of Sh26 million.

Wathaika its an insurance firm...its a monkey in the making...lol http://www.businessdaily.../-/14ug4lkz/-/index.html