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BRITAK'S OPENING TRADE
guru267
#51 Posted : Thursday, September 08, 2011 12:27:52 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
vestor wrote:

Will this cause a snowball effect on its brothers and sisters? or will it "drug" the entire house down.

Its currently heading to the same value as its brothers and sisters who trade with P/E's of less than 5
Mark 12:29
Deuteronomy 4:16
dunkang
#52 Posted : Thursday, September 08, 2011 12:31:31 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
eeeeh. And, someone tell me, is nellydata lying to me. Yes, there was a trade at 6/-, but now, its 9/-. Mmmmh.
Receive with simplicity everything that happens to you.” ― Rashi

githundi
#53 Posted : Thursday, September 08, 2011 12:39:32 PM
Rank: Veteran

Joined: 11/19/2010
Posts: 1,308
Location: nairobi metropolitan
dunkang wrote:
Can Wazua admin please STOP this thread! Do you know how bitter you are making me feel! (BTW, who will buy shares just to sell at a loss on the first day of trading. This must be a plot. There is a plot here dear wazuans! KEEP YOUR STAKE. KEEP YOUR STAKE. KEEP YOUR STAKE)

Now, lets discuss something else, the shares that were not taken up!

What will happen to them next?

sorry brother, very few wazuans were duped.
Democracy does not belong to the dead
Wakilunda
#54 Posted : Thursday, September 08, 2011 12:42:47 PM
Rank: Member

Joined: 11/2/2006
Posts: 6
rich.co.ke list high of 9ksh and low of 6ksh
Bettertry
#55 Posted : Thursday, September 08, 2011 12:47:05 PM
Rank: Member

Joined: 9/19/2010
Posts: 237
Location: Republic of Graham & Doddsville
hisah wrote:
6.75 prints! I want this thing to tank 50% plus... This is a necessary vital lesson for wanjikus as well as other biz goons who think that they'll always use the IPO hype to offload bad shares...

"No matter how many other people want to buy a stock, u'd buy only if the stock is a CHEAP way to own a DESIRABLE biz ". One of Graham's fundamental rule.

Awhile back... @Guru267 asked, "lf this stock was already listed would u buy it @ that price (Ksh 9/-)?", in another thread...
We Will Either Find a Way or Create One - HANNIBAL
vestor
#56 Posted : Thursday, September 08, 2011 1:09:23 PM
Rank: Member

Joined: 11/9/2010
Posts: 132
This is very tricky, looking at the offers, it appears that someone has spread his in batches of 2 million shares at,9, 9.50 and 10.

I am speculating that its one of the guys who sold part of their holdings before today.
drake
#57 Posted : Thursday, September 08, 2011 1:49:42 PM
Rank: Member

Joined: 8/8/2009
Posts: 170
I hear the 6 bob was a "mistake"...guys panicked...PEJ...the rest is history..
law6
#58 Posted : Thursday, September 08, 2011 2:04:40 PM
Rank: New-farer

Joined: 8/7/2011
Posts: 10
Location: Nairobi
Wazuans am a victim of Britak but living postively, Kindly assist with access codes for Nelly data ni shop for ARVS(Anti-Retro Viral Stocks) but hii imanishi nauza. nganga6105@yahoo.com pliz
Cde Monomotapa
#59 Posted : Thursday, September 08, 2011 2:08:40 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
law6 wrote:
Wazuans am a victim of Britak but living postively, Kindly assist with access codes for Nelly data ni shop for ARVS(Anti-Retro Viral Stocks) but hii imanishi nauza. nganga6105@yahoo.com pliz

Now this is some humor. Hahaha.
Ali Baba
#60 Posted : Thursday, September 08, 2011 2:11:45 PM
Rank: Member

Joined: 8/29/2008
Posts: 573
DRAKE: Don't take that "mistake" to the bank.What sh 6.00 mistake?It was the market value at that moment.If indeed it was a mistake,then,that's a fraud against the seller by the buyer and his brokers.Those brokers de-fraud investors this way while "buying" cheap shares for themselves.
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