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Mwalimu Holding shares at a Ksh100 per share
Mainat
#1 Posted : Monday, November 30, 2015 6:46:42 AM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
Equitorial will finance 100% of the share purchase. Mwalimu Holdings owns ECB.
Looks like an interesting deal.
Sehemu ndio nyumba
UpcomingPaperChaser
#2 Posted : Monday, November 30, 2015 9:10:19 PM
Rank: Member


Joined: 1/20/2015
Posts: 489
Location: Nairobi
Mainat wrote:
Equitorial will finance 100% of the share purchase. Mwalimu Holdings owns ECB.
Looks like an interesting deal.


But for babies in the stock market like us, would you kindly elaborate a bit on that. justifying why it seems a good catch yet its retailing so highly
Enjoy every moment of your life, you never know when your time will come.
whiteowl
#3 Posted : Wednesday, December 02, 2015 2:58:25 PM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
Mainat wrote:
Equitorial will finance 100% of the share purchase. Mwalimu Holdings owns ECB.
Looks like an interesting deal.


How big of a mess did Meralli leave behind?
Sober
#4 Posted : Wednesday, December 02, 2015 3:01:53 PM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
Mainat wrote:
Equitorial will finance 100% of the share purchase. Mwalimu Holdings owns ECB.
Looks like an interesting deal.

They are raising money by issuing 100 million shares at 5 Bob meaning the value should be one digit pet share. my 2 cents
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
MaichBlack
#5 Posted : Wednesday, December 02, 2015 5:11:22 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,452
whiteowl wrote:
Mainat wrote:
Equitorial will finance 100% of the share purchase. Mwalimu Holdings owns ECB.
Looks like an interesting deal.


How big of a mess did Meralli leave behind?

Exactly what was going through my mind!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
whiteowl
#6 Posted : Thursday, December 03, 2015 10:59:25 AM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
MaichBlack wrote:
whiteowl wrote:
Mainat wrote:
Equitorial will finance 100% of the share purchase. Mwalimu Holdings owns ECB.
Looks like an interesting deal.


How big of a mess did Meralli leave behind?

Exactly what was going through my mind!


I know of at least 2 real estate projects of his that were funded by ECB money only for the loans to be written off before the bank was sold off.Working with the assumption that there are more skeletons in the closet, this might be a disaster in waiting.
whiteowl
#7 Posted : Thursday, March 17, 2016 9:35:46 AM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
They are now being asked for 1B to plug the holes.
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