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Briatm, Britam, Britam sounds like sweet candy!
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Ericsson
#921 Posted : Wednesday, August 10, 2016 10:49:04 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,786
Location: NAIROBI
@Obiero
Britam wachana nayo.The stake was sold at cost because the the two couldn't work/live together.
So Hellios are the ones who bought the 25% stake.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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obiero
#922 Posted : Wednesday, August 10, 2016 11:28:46 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,890
Location: nairobi
Ericsson wrote:
@Obiero
Britam wachana nayo.The stake was sold at cost because the the two couldn't work/live together.
So Hellios are the ones who bought the 25% stake.

Cytonn divorced Britam for similar reasons. Someone who has been divorced twice needs to be approached with caution

COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.76; MTN ABP 5.20
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lochaz-index
#923 Posted : Wednesday, August 10, 2016 11:37:03 AM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
Ericsson wrote:
@Obiero
Britam wachana nayo.The stake was sold at cost because the the two couldn't work/live together.
So Hellios are the ones who bought the 25% stake.

Isn't this the same acorn that britam and cytonn were brawling over? Why should one dispose something so coveted at cost price? Is acorn worth such a paltry sum(1.2b)as firm? Too many shenanigans in this company.
The main purpose of the stock market is to make fools of as many people as possible.
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Realtreaty
#924 Posted : Wednesday, August 10, 2016 11:45:53 AM
Rank: Elder


Joined: 8/16/2011
Posts: 2,359
lochaz-index wrote:
Ericsson wrote:
@Obiero
Britam wachana nayo.The stake was sold at cost because the the two couldn't work/live together.
So Hellios are the ones who bought the 25% stake.

Isn't this the same acorn that britam and cytonn were brawling over? Why should one dispose something so coveted at cost price? Is acorn worth such a paltry sum(1.2b)as firm? Too many shenanigans in this company.

smile smile
Re-taking its own course is the best way Britam can go. Acorn and Britam partnership was nay and could not grow business. They britam refused to wait like me waiting for Sameer to go back to 30 while currently trading at 3Sad
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mikegachunji
#925 Posted : Wednesday, August 10, 2016 11:47:35 AM
Rank: Member


Joined: 11/19/2009
Posts: 3,142
obiero wrote:
Ericsson wrote:
@Obiero
Britam wachana nayo.The stake was sold at cost because the the two couldn't work/live together.
So Hellios are the ones who bought the 25% stake.

Cytonn divorced Britam for similar reasons. Someone who has been divorced twice needs to be approached with caution

maybe Britam caught wind of some new developments in acorn that propelled them to sell. Shame on you Shame on you
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Realtreaty
#926 Posted : Wednesday, August 10, 2016 6:40:35 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,359
HY2016 for Britam will be tough talk. The Business is halfway good as the year plus alot of positice developments.
Opening new Tower, what occurred when Britam Super share holders decided to buy out Mauritius business, Checking out Acorn, new projects in line for 2016- 2020.
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Angelica _ann
#927 Posted : Wednesday, August 10, 2016 6:51:46 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,927
mikegachunji wrote:
obiero wrote:
Ericsson wrote:
@Obiero
Britam wachana nayo.The stake was sold at cost because the the two couldn't work/live together.
So Hellios are the ones who bought the 25% stake.

Cytonn divorced Britam for similar reasons. Someone who has been divorced twice needs to be approached with caution

maybe Britam caught wind of some new developments in acorn that propelled them to sell. Shame on you Shame on you

So between Britam and Hellios, so has stronger capability of market scoping and intelligence!!! Old men old money were taken taken to the dry cleaners new generation conmanship. Pole kwao!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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mikegachunji
#928 Posted : Thursday, August 11, 2016 2:09:30 AM
Rank: Member


Joined: 11/19/2009
Posts: 3,142
When are they releasing their H1 results??
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Spikes
#929 Posted : Thursday, August 11, 2016 7:33:41 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
mikegachunji wrote:
When are they releasing their H1 results??




Such results gonna be a shocker!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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obiero
#930 Posted : Thursday, August 11, 2016 8:57:42 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,890
Location: nairobi
Spikes wrote:
mikegachunji wrote:
When are they releasing their H1 results??




Such results gonna be a shocker!

That much talked about tower has eaten up capex and remains less than 20% booked for occupation.. Kwisha hao!!

COOP ABP 15.85; IMH ABP 35.55; KQ ABP 5.76; MTN ABP 5.20
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Realtreaty
#931 Posted : Thursday, August 11, 2016 11:19:18 AM
Rank: Elder


Joined: 8/16/2011
Posts: 2,359
More so
http://www.businessdailyafrica....39882-x21vq0z/index.html
HY16 on the way bad or good, the company will at the FY16 be profitable
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Ericsson
#932 Posted : Thursday, August 11, 2016 12:22:54 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,786
Location: NAIROBI
@Obiero;
That's very true about the tower.
Even UAP invited Old Mutual to come and bail them out coz UAP tower was going to finish them.
That 23% stake held by Munga will be sold to a big insurance player who will then pump in additional money in return for shares so as to rescue the company.
Kweli umesema kwisha wao
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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mlennyma
#933 Posted : Thursday, August 11, 2016 3:39:41 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,192
Location: nairobi
Realtreaty wrote:
More so
http://www.businessdailyafrica....39882-x21vq0z/index.html
HY16 on the way bad or good, the company will at the FY16 be profitable

when hfck starts bleeding you know what to expect on the balance sheet here
"Don't let the fear of losing be greater than the excitement of winning."
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Realtreaty
#934 Posted : Monday, August 15, 2016 9:11:17 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,359
mlennyma wrote:
Realtreaty wrote:
More so
http://www.businessdailyafrica....39882-x21vq0z/index.html
HY16 on the way bad or good, the company will at the FY16 be profitable

when hfck starts bleeding you know what to expect on the balance sheet here

smile
It will set the record straight that recovery is superb.
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Realtreaty
#935 Posted : Monday, August 22, 2016 7:45:06 AM
Rank: Elder


Joined: 8/16/2011
Posts: 2,359
Britam will not be shy to announce their HY2016 this week.
They will focus on completing ongoing projects and consolidating funds to start new ones.
Still to be lateral in income generation but there will be much more hope.
May touch on bring in partner as soon as he is ready.Could Renaissance Capital be the partner?
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VituVingiSana
#936 Posted : Monday, August 22, 2016 5:20:23 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,256
Location: Nairobi
Realtreaty wrote:
Britam will not be shy to announce their HY2016 this week.
They will focus on completing ongoing projects and consolidating funds to start new ones.
Still to be lateral in income generation but there will be much more hope.
May touch on bring in partner as soon as he is ready.Could Renaissance Capital be the partner?

No
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mikegachunji
#937 Posted : Monday, August 22, 2016 6:46:56 PM
Rank: Member


Joined: 11/19/2009
Posts: 3,142
Realtreaty wrote:
Britam will not be shy to announce their HY2016 this week.
They will focus on completing ongoing projects and consolidating funds to start new ones.
Still to be lateral in income generation but there will be much more hope.
May touch on bring in partner as soon as he is ready.Could Renaissance Capital be the partner?

just how much are you invested in britam?? Anyone following this thread closely can tell that you're very keen when it comes to britam in particular..just saying
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hisah
#938 Posted : Monday, August 22, 2016 6:50:35 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Realtreaty wrote:
mlennyma wrote:
Realtreaty wrote:
More so
http://www.businessdailyafrica....39882-x21vq0z/index.html
HY16 on the way bad or good, the company will at the FY16 be profitable

when hfck starts bleeding you know what to expect on the balance sheet here

smile
It will set the record straight that recovery is superb.

The way HF has fallen from the descending wedge is quite worrying. HF traded jumbo vol spike in 2015 larger than average and the highest in 10 years at around KES 22. That was one sizable distribution effort!!

The Munga buy hype has also been flashed out by the market. Only incredible PPT remains to stick save this counter. They won't be in a hurry to announce H1.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Realtreaty
#939 Posted : Monday, August 22, 2016 7:52:02 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,359
mikegachunji wrote:
Realtreaty wrote:
Britam will not be shy to announce their HY2016 this week.
They will focus on completing ongoing projects and consolidating funds to start new ones.
Still to be lateral in income generation but there will be much more hope.
May touch on bring in partner as soon as he is ready.Could Renaissance Capital be the partner?

just how much are you invested in britam?? Anyone following this thread closely can tell that you're very keen when it comes to britam in particular..just saying


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly , its my baby mind you!!!!smile
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mikegachunji
#940 Posted : Monday, August 22, 2016 10:29:28 PM
Rank: Member


Joined: 11/19/2009
Posts: 3,142
Realtreaty wrote:
mikegachunji wrote:
Realtreaty wrote:
Britam will not be shy to announce their HY2016 this week.
They will focus on completing ongoing projects and consolidating funds to start new ones.
Still to be lateral in income generation but there will be much more hope.
May touch on bring in partner as soon as he is ready.Could Renaissance Capital be the partner?

just how much are you invested in britam?? Anyone following this thread closely can tell that you're very keen when it comes to britam in particular..just saying


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly , its my baby mind you!!!!smile
haha okay...what do you think of the current sub 12 price??
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