Aguytrying wrote:300m for company re-organisation. a large percentage on buildings in three countries! so i ask. what are investors really buying into here. buildings? its extravagant expenditure. should be more earnings growth oriented. that said, the fact that they will list by introduction then the otc listing should be considered the " ipo"
Look at the whole picture:
PLANNED INVESTMENT/-/AMOUNT TO BE INVESTED (Kes. MMs)
Growth/Expansion in Rw, Tz, DRC & SS - 1,880
Property Investments (taking advantage of boom) - 2,154
Group reorganization (ERP project and IT) - 300
Increase group investments - 1,066
TOTAL AMOUNT - 5,400