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BRITAK MARATHON BUY-BUY-BUY
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Realtreaty
#1 Posted : Sunday, September 18, 2011 5:22:56 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,388
Applause Applause Who is saying that everyone who bought Britak at IPO is far much cheated? I tend to think its quite practical that the share has taken such a n early dive not because the company is bad but because the world is on a tuk-tuk down. Those kenyans who did @IPO should be proud and strong. They seem to drive their country not worrying outsiders. But outsiders are coming in soon and the trend will be quite rfeversible. Big buyers like NSSF, Cooperative societies may boost this stock very soon. Just study how City trust was doing and it keeps on going 200 and over easily after a split!Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
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ngapat
#2 Posted : Sunday, September 18, 2011 5:55:29 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
Realtreaty wrote:
Applause Applause Who is saying that everyone who bought Britak at IPO is far much cheated? I tend to think its quite practical that the share has taken such a n early dive not because the company is bad but because the world is on a tuk-tuk down. Those kenyans who did @IPO should be proud and strong. They seem to drive their country not worrying outsiders. But outsiders are coming in soon and the trend will be quite rfeversible. Big buyers like NSSF, Cooperative societies may boost this stock very soon. Just study how City trust was doing and it keeps on going 200 and over easily after a split!Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly


The smiley is irrelevant to the post Laughing out loudly Laughing out loudly Laughing out loudly smile
“Invest in yourself. Your career is the engine of your wealth.”
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mlennyma
#3 Posted : Sunday, September 18, 2011 7:06:07 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
I bought my 1st bunch on friday and tomorrow am buying more at 5bob
"Don't let the fear of losing be greater than the excitement of winning."
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youcan'tstopusnow
#4 Posted : Sunday, September 18, 2011 7:42:40 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Realtreaty, when you start invoking ''pride, strength and driving your country forward'' as reasons for investing in an IPO, you begin sounding desperate.
GOD BLESS YOUR LIFE
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  | | Edit by user: Sunday, September 18, 2011 7:44 PM | Reason: Not specified
QW25081985
#5 Posted : Sunday, September 18, 2011 7:47:48 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
am buying on monday but at sub 4 bob..goin contrarian on this one big time ...
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youcan'tstopusnow
#6 Posted : Sunday, September 18, 2011 7:58:51 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
QW25081985 wrote:
am buying on monday but at sub 4 bob..goin contrarian on this one big time ...

It won't go sub 4 keshosmile
GOD BLESS YOUR LIFE
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mlennyma
#7 Posted : Sunday, September 18, 2011 8:04:59 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
I would laugh at anyone selling at 4bob even if britak issues a profit warning..the biggest mistake is that the retail speculators who sell in short term are majority in this share and the desperate selling has to go on.
"Don't let the fear of losing be greater than the excitement of winning."
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QW25081985
#8 Posted : Sunday, September 18, 2011 8:23:42 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
wow. so it has bottomed out at five bob .Okay lets see. mind you fridays LOW was at 5.25 ...
i remember all so well what uchumi did ...Britak will do the same - rewarding the contrarian !!!!!!
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the deal
#9 Posted : Sunday, September 18, 2011 8:24:47 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Well Britank has only traded 1.3 Million shares in its 1st week of listing...so majority of IPO investors are still trapped in this titanic! Any movement upwards will be met by excessive selling...after some volatile price discovery I expect the share to settle in the 5-6 bob...at that price all the bad news would have been factored in.
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QW25081985
#10 Posted : Sunday, September 18, 2011 8:33:30 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
Funny enough 'wanjiku' isnt even selling ???????Just look at the volume ( the msema kweli) 1.3 millie in a week !!!!!!!!!!!!!!!!!!!!!!!!!!
all the poor results are just being factored in and i wount be surprised to see this thingy trading at above 9 bob...
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