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I&M Holdings HY15
kryptonite
#11 Posted : Friday, October 16, 2015 11:24:06 AM
Rank: Member

Joined: 2/1/2010
Posts: 272
Location: Nairobi
VituVingiSana wrote:
I am not so sure about Burbidge Capital.

ADSS - Failed. They didn't raise the full amount & price is down 90%
FTGH - Below the listing price

What else Burbidge done? Or not.



They're also the nomads for the upcoming St Paul's listing
The harder you work, the luckier you get
VituVingiSana
#12 Posted : Friday, October 16, 2015 12:13:07 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,350
Location: Nairobi
kryptonite wrote:
VituVingiSana wrote:
I am not so sure about Burbidge Capital.

ADSS - Failed. They didn't raise the full amount & price is down 90%
FTGH - Below the listing price

What else Burbidge done? Or not.



They're also the nomads for the upcoming St Paul's listing

Small stuff for I&M to pay a lot for. I am not sure if there is real value in buying Burbidge.
I am also skeptical of the need for I&M to buy Giro.

I&M should look at picking up Imperial Bank's UG biashara at a discount. Imperial Bank Uganda has 5 branches in Kampala. It fills a gap for I&M within EAC.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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