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Briatm, Britam, Britam sounds like sweet candy!
Rank: Elder Joined: 12/4/2009 Posts: 10,640 Location: NAIROBI
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@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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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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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
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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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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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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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.  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 3 
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Rank: Member Joined: 11/19/2009 Posts: 3,142
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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. 
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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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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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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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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. 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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Rank: Member Joined: 11/19/2009 Posts: 3,142
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When are they releasing their H1 results??
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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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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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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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!!
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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More so http://www.businessdailyafrica....39882-x21vq0z/index.htmlHY16 on the way bad or good, the company will at the FY16 be profitable
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Rank: Elder Joined: 12/4/2009 Posts: 10,640 Location: NAIROBI
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@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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Rank: Elder Joined: 7/21/2010 Posts: 6,175 Location: nairobi
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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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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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mlennyma wrote:when hfck starts bleeding you know what to expect on the balance sheet here It will set the record straight that recovery is superb.
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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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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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Rank: Chief Joined: 1/3/2007 Posts: 18,057 Location: Nairobi
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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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Rank: Member Joined: 11/19/2009 Posts: 3,142
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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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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Realtreaty wrote:mlennyma wrote:when hfck starts bleeding you know what to expect on the balance sheet here 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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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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Rank: Member Joined: 11/19/2009 Posts: 3,142
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haha okay...what do you think of the current sub 12 price??
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Briatm, Britam, Britam sounds like sweet candy!
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