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BRITAK'S OPENING TRADE

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stocksmaster		#151 Posted : Wednesday, September 14, 2011 1:58:31 PM
Rank: Member Joined: 9/26/2006 Posts: 463 Location: CENTRAL PROVINCE		kenyainvestor wrote: A low of 6.30. A 30% hit in a couple of days is no joke If i was holding this share, i would still consider a price of Ksh 6.30 a good exit point to cut on losses......because i still see the share losing another Ksh 2.50 to about Ksh 3.80 - Ksh 4.00 range. With the full year results announcement (which the IPO prospectus had already predicted would be a pale shadow of last years), i cannot rule out a sub Ksh 3 price. Thats how overpriced this share was! Happy Hunting! x handle: @stocksmaster79
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QW25081985		#152 Posted : Wednesday, September 14, 2011 2:03:23 PM
Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani		stocksmaster wrote: kenyainvestor wrote: A low of 6.30. A 30% hit in a couple of days is no joke If i was holding this share, i would still consider a price of Ksh 6.30 a good exit point to cut on losses......because i still see the share losing another Ksh 2.50 to about Ksh 3.80 - Ksh 4.00 range. With the full year results announcement (which the IPO prospectus had already predicted would be a pale shadow of last years), i cannot rule out a sub Ksh 3 price. Thats how overpriced this share was! Happy Hunting! wow !!!!!!!!
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jerry		#153 Posted : Wednesday, September 14, 2011 2:56:44 PM
Rank: Elder Joined: 9/29/2006 Posts: 2,570		Mainat wrote: I wonder if ze Wanjikus and Njokis can take class action suit against CMA/NSE for this debacle? The way to go! The opposite of courage is not cowardice, it's conformity.
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Ali Baba		#154 Posted : Wednesday, September 14, 2011 3:14:19 PM
Rank: Member Joined: 8/29/2008 Posts: 573		I don't think Wanjiku should sue CMA/NSE.You see, the bible says that the person who hides his talent,it will be taken and given to the one who has more,the one who didn't bury his....In Britak case Wanjiku didn't use his talent well(caveat emptor) and her cash was taken and added to Jimnah's,who used his talent and sold an over-priced security to wanjiku.....my one cent....
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kenyainvestor		#155 Posted : Wednesday, September 14, 2011 3:30:35 PM
Rank: Member Joined: 7/12/2011 Posts: 194		Ali Baba wrote: I don't think Wanjiku should sue CMA/NSE.You see, the bible says that the person who hides his talent,it will be taken and given to the one who has more,the one who didn't bury his....In Britak case Wanjiku didn't use his talent well(caveat emptor) and her cash was taken and added to Jimnah's,who used his talent and sold an over-priced security to wanjiku.....my one cent.... Yep. Anyone invested should have at least taken a look at the financials/prospectus. Now for Family Bank. LATEST BLOG POST: NSE BANKING SECTOR REPORT - THE TOP 5 FACEBOOK: Kenya Investing TWITTER HANDLE: @kenyainvestor
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2012		#156 Posted : Wednesday, September 14, 2011 3:32:38 PM
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi		On the last day when Bank of Kigali IPO was closing, I was in Dyer making my purchase of BOK and there was a mama who was buying Britak worth 540k and another was selling scom to use the funds for Britak. I hope they are fine. BBI will solve it :)
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Impunity		#157 Posted : Wednesday, September 14, 2011 8:06:56 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		Ogambo should investigate. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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wanyina		#158 Posted : Wednesday, September 14, 2011 8:51:00 PM
Rank: Member Joined: 4/1/2008 Posts: 141		What happenned to the IPO has it started trading?i havent seen it yet at the NSE list.But i read the blog abt it.Any info about how much is at the low end?/
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mlennyma		#159 Posted : Wednesday, September 14, 2011 8:51:07 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		Somebody refused to pay me my money until the offer closed,he however paid me afterwards.an angel send by god i would have burned. "Don't let the fear of losing be greater than the excitement of winning."
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mlennyma		#160 Posted : Wednesday, September 14, 2011 8:56:25 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		You are in your different world.look at the threads running you will be answered and let wazua delete yours. "Don't let the fear of losing be greater than the excitement of winning."
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