i wish paul the octopus was still around so he could tell us how this IPO is going to fare. i like knowing first before making any decision such as buying.

I think they should give everyone a chance to invest.They should only limit when the IPO is likely to be oversubscribed but according to indicators such as the current food prices and general economic situation and the Safaricom IPO experience,I don't think that even half of the number of shares on offer will be bought!
[/quote]

expect some good numbers and also a possible interim dividend from equity tomorow to spice things up 4 the ipo.Famly bank and equity gving 100%financing it btw[/quote]

i expect nothing and there'll be no interim dividend or whatever ..the price shld have factored in all this goodies u think will come . otherwise wait for hte results

I am quite surprised by the level of pessimism about the British American IPO in this forum. I have looked at fundamentals. The company is in a growing industry(financial sector, that grew by 10% and is the largest contributor of economic growth,its balance sheet is very good and getting better, subsidiaries like British American Asset Managers are market leaders(17 billion in assets) and the opportunity in insurance is just strting to be exploited and thus there is room for growth. and they have appointed a new guy at Asset managers division. check http://britishamericanbl...billion-of-your-assets/

At Ksh9, this is the cheapest share in the sector and if precedence is anything to go by, can only go higher!

So, whats the beef with the offer?

I am sure you mean the lowest priced (in shilling terms). That is quite distinct from being cheap.