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BRITAK IPO: The Money Maker
TUPAC
#251 Posted : Wednesday, July 06, 2011 12:06:11 PM
Rank: Member

Joined: 12/8/2009
Posts: 274
Location: Ltktk
eco wrote:
QW25071985 wrote:
where are the hard copies....

@QW 'It are' all virtual for now. Hard Copies baadaye.

the prospectus will be online on friday. according to Britak
...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
ProverB
#252 Posted : Wednesday, July 06, 2011 12:49:10 PM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
mukiha wrote:

According to the prospectus, jimnah has 300m shares representing 20% [pre-IPO] and 14% [post-IPO]. At the IPO proce of 9bob, these are worth Sh2.7b. So yes, his holding is worth about US$30m in market value

Here are the other shareholders:
British American (Kenya) Holdings Limited
452,504,000 = 30.17% [pre IPO] / 21.05% [post IPO]

Equity Holdings*
405,000,000 = 27.0% / 18.84%

Jimnah M. Mbaru
300,000,000 = 20.0% / 13.95%

Benson I. Wairegi
99,496,000 = 6.63% / 4.63%

Filimbi Limited
90,000,000 = 6.00% / 4.19%

Peter K. Munga
75,000,000 = 5.0% / 3.49%

James N Mwangi
75,000,000 = 5.0% / 3.49%

Simon I.Wairegi
3,000,000 = 0.20% / 0.14%

*Now, does Equity Holdings have any relationship with Equity Bank? I checked the bank's report [2010] and there is no subsidiary by that name...


Jus thinking..this band wagon has milked kenyans off of billions!.. i guess if you never bought with them..you are pretty late to buy now. Ama?
so those yapping about great value for money on this share..wonder where u were while these guys bought.
Pretty humbling i must say.
so nitanuna na ninyamaze.
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
eco
#253 Posted : Wednesday, July 06, 2011 3:07:33 PM
Rank: Member

Joined: 6/17/2011
Posts: 229
ProverB wrote:
mukiha wrote:

According to the prospectus, jimnah has 300m shares representing 20% [pre-IPO] and 14% [post-IPO]. At the IPO proce of 9bob, these are worth Sh2.7b. So yes, his holding is worth about US$30m in market value

Here are the other shareholders:
British American (Kenya) Holdings Limited
452,504,000 = 30.17% [pre IPO] / 21.05% [post IPO]

Equity Holdings*
405,000,000 = 27.0% / 18.84%

Jimnah M. Mbaru
300,000,000 = 20.0% / 13.95%

Benson I. Wairegi
99,496,000 = 6.63% / 4.63%

Filimbi Limited
90,000,000 = 6.00% / 4.19%

Peter K. Munga
75,000,000 = 5.0% / 3.49%

James N Mwangi
75,000,000 = 5.0% / 3.49%

Simon I.Wairegi
3,000,000 = 0.20% / 0.14%

*Now, does Equity Holdings have any relationship with Equity Bank? I checked the bank's report [2010] and there is no subsidiary by that name...


Jus thinking..this band wagon has milked kenyans off of billions!.. i guess if you never bought with them..you are pretty late to buy now. Ama?
so those yapping about great value for money on this share..wonder where u were while these guys bought.
Pretty humbling i must say.
so nitanuna na ninyamaze.

We need to learn from Robert Kiyosaki, the Old Rich Boys come out as we (the mass) come in. OTC Express! Read my lips. Cheers
mlennyma
#254 Posted : Wednesday, July 06, 2011 4:04:26 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
I strongly feel the market has better bargains than the bunch of ipo's its only the exitement that comes with a new girlfriend.
"Don't let the fear of losing be greater than the excitement of winning."
QW25071985
#255 Posted : Wednesday, July 06, 2011 4:51:32 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
so you guys are telling me investors will stop their current selling and buy into britak ipo...loelst. the disconnect thats here in wazua and there at the n.s.e is just amazing to say the least...
Even the so called gurus have refused to let reason prevail...

haya majuto ni mjukuu

andykweli
#256 Posted : Wednesday, July 06, 2011 5:25:32 PM
Rank: Hello

Joined: 7/6/2011
Posts: 3
Location: around
the deal well said and from the look of things
http://www.nation.co.ke/.../-/oota6tz/-/index.html that is wat will happen with BRITAK .Sad
IF YOU AREN'T WILLING TO OWN A STOCK FOR 10 YEARS ,DON'T EVEN THINK OF OWNING IT FOR 10 MINUTES.
lovely2010
#257 Posted : Wednesday, July 06, 2011 6:37:36 PM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
mlennyma wrote:
I strongly feel the market has better bargains than the bunch of ipo's its only the exitement that comes with a new girlfriend.


GET ANOTHER EXAMPLE WILL YOU? BY THE WAY, I DECLARE I WILL NOT PUT MY SINGLE PENNY IN EITHER BRITAK NOR TRANSCENTURY...PERIOD!
Cde Monomotapa
#258 Posted : Wednesday, July 06, 2011 7:50:15 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
lovely2010 wrote:
mlennyma wrote:
I strongly feel the market has better bargains than the bunch of ipo's its only the exitement that comes with a new girlfriend.


[b]GET ANOTHER EXAMPLE WILL YOU?

#CRACKUP# LMAO!!
Layman
#259 Posted : Thursday, July 07, 2011 8:55:11 AM
Rank: Member

Joined: 9/21/2006
Posts: 422
Location: Nairobi
...UAP Holdings Ltd (UAP Insurance etc) has confirmed that Mr. Kiarie who is leaving Britak Investments is joining them on 1st August 2011 as Deputy MD for the UAp Holdings......
QW25071985
#260 Posted : Thursday, July 07, 2011 9:03:50 AM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
MONKEY !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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