Boris Boyka wrote:Boris Boyka wrote:MaichBlack wrote:Good observation @Boris. They should aim at a minimum of Kshs. 3 Billion! The countries mentioned by CBK have a capital requirement of between Kshs. 2.2 Billion and Kshs. 9 Billion. Assuming CBK raise the requirement for Kenya banks to say Kshs. 5 to 6 Billion, Unaitas had better have atleast half of that so that it would be easier to raise the difference. Unaitas
@Unaitas
@Prital1 The Transformation Journey
culminates in July 2016, and thus the closure
is expected around the same time. Thank you.
12:56 AM - 21 May 2015. via @twirra
@Maichmweusi..it has come to pass! Will she(unaitas) push the dates forward or what shall she do?
@Boris, hapa hakuna ujanja. They MUST shift the goal post!!! They need to raise more! As per our earlier discussion, anything below 3 billion will be a joke! Depending on the implementation guidelines and time table, they might have to raise the whole 5 Billion now!!!
"We are closing the shares sale SOON" might not be applicable any time soon!
But let's see how things play out. Do they have other options? Are those options palatable. Board meetings pap! Decisions decisons.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.