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BRITAK PROSPECTUS
ecstacy
#31 Posted : Tuesday, July 12, 2011 3:03:46 PM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
mwanahisa wrote:
I was also anticipating to speculate in this baby...

Now, I am not too sure. The vibes are getting more and more negative each day.

ecstacy wrote:
With an over 60% profit drop projected and a lethargic Wanjiku, who will you be selling to post-IPO?...


This IPO may just back-fire then add a slumping or sideways NSE - Kigali Bank is a lot safer bet for now.
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#32 Posted : Tuesday, July 12, 2011 3:13:24 PM
Rank: New-farer

Joined: 3/29/2011
Posts: 56
Location: Kenya
the deal, do you STILL think it is a good buy?

No wonder these guys were engaging the media
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#33 Posted : Tuesday, July 12, 2011 3:19:37 PM
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Joined: 3/29/2011
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Location: Kenya
mwanahisa wrote:
Just listened to an interview of Gladys Karuri, the Finance Director for BA. A lot of false confidence that retailers are gunning for the issue.


Management will say ANYTHING these days
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#34 Posted : Tuesday, July 12, 2011 3:21:12 PM
Rank: New-farer

Joined: 3/29/2011
Posts: 56
Location: Kenya
mwanahisa wrote:
Eveready and BA should not be discussed in the same forum. One is simply useless. But you make your point. I think a more apt comparison would be the CoopBank IPO in 2008. It tanked pretty soon after the IPO even though Coop's prospects were actually looking up.

mwanahisa, only difference is that BRITAK's immediate future is not looking up.
Pole for those who buy into IPO's without doing due diligence
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Gordon Gekko
#35 Posted : Tuesday, July 12, 2011 3:21:38 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
When i grow up i want to be like my Dad - he never participated in any IPO
Barrywhite
#36 Posted : Tuesday, July 12, 2011 4:57:01 PM
Rank: Member

Joined: 12/2/2009
Posts: 286
Location: Nairobi
Officially, l am out of Britak IPO. Wacha nijaribu Bank of Kigali for long term. @GG, IPO apana mbaya, lakini inafaa tuchunge.
The laudable is more often than not rendered laughable by overclaim
mwanahisa
#37 Posted : Tuesday, July 12, 2011 5:33:04 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
This link is still NOT working. Not especially auspicious for a company that wants 5.85 Billion from us! NKT!!!!

mukiha wrote:
TUPAC wrote:
could anybody help with a link to the prospectus.

LINK: http://www.british-american.co.ke/ipo/

Look for the "DOWNLOAD" button and press it...

hisah
#38 Posted : Tuesday, July 12, 2011 5:40:56 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Unsubscribed IPO, but will rally for a month just to remind Wanjiku who's boss of the market smile

Remember coop ipo...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
QW25071985
#39 Posted : Tuesday, July 12, 2011 5:42:16 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
Gordon Gekko wrote:
When i grow up i want to be like my Dad - he never participated in any IPO


WOW !!!! was he a miser ?
mwanahisa
#40 Posted : Tuesday, July 12, 2011 5:48:33 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
hisah wrote:
Unsubscribed IPO, but will rally for a month just to remind Wanjiku who's boss of the market smile

Remember coop ipo...


@hisah. Rather perverse but ironically an undersubscription in the counter could actually work in its favour.
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