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Family Bank is the Sh30 Price Tag Justifiable?
Hunderwear
#31 Posted : Thursday, September 15, 2011 3:56:52 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
youcan'tstopusnow wrote:
Sober wrote:
acquisition is a good approach as one gets to a market and gets the other bank that already has a customer base making it an easy entry.

Acquisitions can also have their drawbacks. See Equity Uganda. Management had sleepless nights

>whats happening with eq uganda?thought t already turned around.
Mainat
#32 Posted : Thursday, September 15, 2011 4:00:27 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Why loudly announce that you are looking to do an acquisition in a country with only 5/6 banks? Won't they be waiting for you like hungry lions?
Sehemu ndio nyumba
youcan'tstopusnow
#33 Posted : Thursday, September 15, 2011 4:28:28 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Hunderwear wrote:
youcan'tstopusnow wrote:
Sober wrote:
acquisition is a good approach as one gets to a market and gets the other bank that already has a customer base making it an easy entry.

Acquisitions can also have their drawbacks. See Equity Uganda. Management had sleepless nights

>whats happening with eq uganda?thought t already turned around.

I said 'had sleepless nights' i.e. before it turned around. They had to do a complete overhaul. As for now, it's doing great
GOD BLESS YOUR LIFE
youcan'tstopusnow
#34 Posted : Thursday, September 15, 2011 4:35:00 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Mainat wrote:
Why loudly announce that you are looking to do an acquisition in a country with only 5/6 banks? Won't they be waiting for you like hungry lions?

To push up the OTC price of course. So that they pull off a Tranny
GOD BLESS YOUR LIFE
mlennyma
#35 Posted : Thursday, September 15, 2011 4:47:36 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
This 'k' ipo's.,i think i will only buy into a central bank ipo if it can ever happen but not any other bank at the moment.
"Don't let the fear of losing be greater than the excitement of winning."
Hunderwear
#36 Posted : Thursday, September 15, 2011 4:49:41 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
youcan'tstopusnow wrote:
Mainat wrote:
Why loudly announce that you are looking to do an acquisition in a country with only 5/6 banks? Won't they be waiting for you like hungry lions?

To push up the OTC price of course. So that they pull off a Tranny

>Price already at 35-36 OTC
youcan'tstopusnow
#37 Posted : Thursday, September 15, 2011 5:42:41 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Hunderwear wrote:
youcan'tstopusnow wrote:
Mainat wrote:
Why loudly announce that you are looking to do an acquisition in a country with only 5/6 banks? Won't they be waiting for you like hungry lions?

To push up the OTC price of course. So that they pull off a Tranny

>Price already at 35-36 OTC

It's working thensmile
GOD BLESS YOUR LIFE
Cde Monomotapa
#38 Posted : Thursday, September 15, 2011 7:14:53 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Mainat wrote:
Why loudly announce that you are looking to do an acquisition in a country with only 5/6 banks? Won't they be waiting for you like hungry lions?

Vitisho men.
Cde Monomotapa
#39 Posted : Thursday, September 15, 2011 7:20:31 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
mlennyma wrote:
This 'k' ipo's.,i think i will only buy into a central bank ipo if it can ever happen but not any other bank at the moment.

U can invest in the S.A.Reserve Bank on the JSE.
the deal
#40 Posted : Saturday, September 17, 2011 11:45:53 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Was this not the bank hawking around loans for the Britak IPO?
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