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BRITAK'S OPENING TRADE
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Mblue
#111 Posted : Friday, September 09, 2011 3:03:53 PM
Rank: Member

Joined: 8/3/2011
Posts: 197
Why aren't you answering @dunkang's question?

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?

"..one is only poor only if they choose to be.."-Dolly Partron
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Kenyan Oracle
#112 Posted : Friday, September 09, 2011 3:18:55 PM
Rank: Member

Joined: 5/31/2011
Posts: 262
guru267 wrote:
I hate to say I told you so...
4bob here we come!!



The Honchos who were trying to offload bad shares to the Wanjikus, now we start sharpening our knives for Family Bank. NEXT!!
You lose money chasing women, but you never lose women chasing money - NAS
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Kenyan Oracle
#113 Posted : Friday, September 09, 2011 3:46:28 PM
Rank: Member

Joined: 5/31/2011
Posts: 262
Cde Monomotapa wrote:
82 posts in a day. Wazua loves B.R.I.T.A.N.K

Applause Applause Applause Applause
You lose money chasing women, but you never lose women chasing money - NAS
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selah
#114 Posted : Friday, September 09, 2011 3:59:12 PM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
The owners might be laughing all the way to the bank while some speculators and those who bought the hype still think they will hold until the share goes past 9 bob...

My take I would count my loses now and move on I dont see this stock going past 9/= in the near future even though the shares were under-subscribed still they are too many they will continue depressing the stock for months to come.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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the deal
#115 Posted : Friday, September 09, 2011 6:56:55 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Sadly I wasnt around to see the Britak listing...too bad they have aulready taken a beating...my target is Sh3-4 after 2011 FY results
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hisah
#116 Posted : Monday, September 12, 2011 11:39:16 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Quite interesting... This thing will be bidless for a long time... Lower prices are not attracting nobody... Which banks lent out loans for this IPO... If the borrowers walk away/default, the hopeless shares will not recover the loan... A margin call scenario is shaping up...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Aguytrying
#117 Posted : Monday, September 12, 2011 11:54:24 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
No demand(50,000), not on the board. Supply at 7.40. total supply 3M.
The investor's chief problem - and even his worst enemy - is likely to be himself
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2012
#118 Posted : Monday, September 12, 2011 11:57:30 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Aguytrying wrote:
No demand(50,000), not on the board. Supply at 7.40. total supply 3M.


Good people, please help me understand. This counter has traded for less than 1 month, so my question is 'who is selling?' How do you buy something and sell it at 17% loss in a week or 2? Why won't they hold for 1 or 2 years?

BBI will solve it :)
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  | | Edit by user: Monday, September 12, 2011 12:08 PM | Reason: Not specified
Pedro_Nasinyama
#119 Posted : Monday, September 12, 2011 12:19:56 PM
Rank: New-farer

Joined: 5/11/2011
Posts: 63
Sometimes you count your loss and run early enough.
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QW25081985
#120 Posted : Monday, September 12, 2011 12:24:47 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
Ohhh poor wazuas who bought this monkey .....
Surely just looking at the stock market itself would have given you a clue as to how this ipo would perform..
But how many take time to study this market....
There was some one in this forum who said that Britank would be safaricom reincarnated .and i guess he was right...
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