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Private placements &pre-IPO offers.A sure way to get 1000% return?
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Hunderwear
#1 Posted : Saturday, May 21, 2011 1:02:21 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
In his book 'Rich Dad's Guide to investing',Robert Kiyosaki says the best way to make money is by being the selling investor during an IPO.This is evident in the Kenyan scenario where all IPOs turned the selling shareholders into billionaire on listing.SCANGROUP,EQUITY,COOP.
History is not always the yardstick to the future but tends to repeat itself.There are many good companies out there that are listing within the next three or so years and are currently grossly undervalued ie selling below their book value or even their par value.
In the spirit of Wazua lets share our views on this and the companies to look at.I had in mind CIC at PP price of 27 but it has since gone to 90.



Much appreciated.
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youcan'tstopusnow
#2 Posted : Saturday, May 21, 2011 1:52:07 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
True! I think that's how many become multi-millionaires, others billionaires,not just at the NSE.
PKoli, you seem to be king on this. Any other good company you know of at the OTC?
CIC imesail sasaSad
GOD BLESS YOUR LIFE
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PONDI
#3 Posted : Saturday, May 21, 2011 4:20:53 PM
Rank: Veteran

Joined: 5/8/2007
Posts: 885
muramati sacco?
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jerry
#4 Posted : Saturday, May 21, 2011 4:37:37 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
PONDI wrote:
muramati sacco?

=>what will it be on listing? Family Bank is familiar. Are there shares still available OTC and at how much? Coop sold their private placement at 20/= pre-IPO pre-split. On splitting 20:1 with a par value of 1/= and IPO price of 9.50 per share, you make 850%! capital gain. At current price of 17.55 you've 1,655% capital gain. Add the dividends and you'll see how millionairs are made. Question: when will the Coop pre-IPO shareholderrs be free to sell their shares?
The opposite of courage is not cowardice, it's conformity.
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Hunderwear
#5 Posted : Saturday, May 21, 2011 5:25:28 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
The beauty of these is the ability to buy as much as you want at a cheap price sometimes even allowing you to pay in installments.By the way the price remains the same for so long as the amount intended is not met.There after you can actually bargain the price with the seller OTC.I understand saccos can still acquire more CIC at 27 even now(stand to be corrected).
@ycsun as you say the CIC value is almost unlocked as of now and in less than than an year you have 330% return.and this is no an exception.
@Jerry and pondi,Muramati is a very robust sacco with a dividend of 9-10 % and in the areas it exists in central is prefered to Equity and family Banks esp. by tea farmers.Am not sure when/if they list and if they convert into a bank.Its worth a look.For family bank they aimed to list in 2009 but postponed due to delay by CBK to issue them Banking Licence.Last year they sold 25% to Afica Invest at par value(2) with a lock in period of 5 yrs.Its currently on an OTC operated by Family bank and the price as at around march 2011 was 22-26.You need to have these shares to be allowed to buy.
Am not sure of the following but may fit here:
I&M bank
Kenya school of professional studies
Deacons
Anybody who can do a background check on this ones please.If possible get us the market value and their availability at that,net book value and their dividend yield.
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TUPAC
#6 Posted : Saturday, May 21, 2011 6:53:18 PM
Rank: Member

Joined: 12/8/2009
Posts: 274
Location: Ltktk
Hunderwear wrote:
The beauty of these is the ability to buy as much as you want at a cheap price sometimes even allowing you to pay in installments.By the way the price remains the same for so long as the amount intended is not met.There after you can actually bargain the price with the seller OTC.I understand saccos can still acquire more CIC at 27 even now(stand to be corrected).
@ycsun as you say the CIC value is almost unlocked as of now and in less than than an year you have 330% return.and this is no an exception.
@Jerry and pondi,Muramati is a very robust sacco with a dividend of 9-10 % and in the areas it exists in central is prefered to Equity and family Banks esp. by tea farmers.Am not sure when/if they list and if they convert into a bank.Its worth a look.For family bank they aimed to list in 2009 but postponed due to delay by CBK to issue them Banking Licence.Last year they sold 25% to Afica Invest at par value(2) with a lock in period of 5 yrs.Its currently on an OTC operated by Family bank and the price as at around march 2011 was 22-26.You need to have these shares to be allowed to buy.
Am not sure of the following but may fit here:
I&M bank
Kenya school of professional studies
Deacons
Anybody who can do a background check on this ones please.If possible get us the market value and their availability at that,net book value and their dividend yield.


I&M did a private placement last year. subscription had to be 20 000 shares@935 bob or whereabouts. so the minimum was like 20m.
...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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Hunderwear
#7 Posted : Saturday, May 21, 2011 7:04:48 PM
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Joined: 4/14/2011
Posts: 639
@Tupac meaning it's now available OTC?
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TUPAC
#8 Posted : Saturday, May 21, 2011 8:02:22 PM
Rank: Member

Joined: 12/8/2009
Posts: 274
Location: Ltktk
Hunderwear wrote:
@Tupac meaning it's now available OTC?

hapo sijui. but you can ask around. but i doubt anybody would wish to sell having acquired them at such a price coz i think the shareholders are less than 100(i stand to be corected)
...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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TUPAC
#9 Posted : Saturday, May 21, 2011 8:13:12 PM
Rank: Member

Joined: 12/8/2009
Posts: 274
Location: Ltktk
what about banks like prime bank, fina, gulf and all these other small banks and institutions? when could they list or offer private placements? anybody?
...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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Hunderwear
#10 Posted : Saturday, May 21, 2011 9:32:25 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
TUPAC wrote:
what about banks like prime bank, fina, gulf and all these other small banks and institutions? when could they list or offer private placements? anybody?




Agreed upon they could be the unexploited goldmines and even though i dont know when they list the best way is to acquire them now when nobody have interest in them and wait.Dividends are sometimes amazing.More due diligence is called upon here coz the risk involved is damn high and they are highly illiquid so you cannot run once in.Are these shares with the public already btw?
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