wazua Sun, Apr 28, 2024
Welcome Guest Search | Active Topics | Log In | Register

4 Pages«<234
Stanbic FY2017 PAT down 2% to ksh.4.3bn
Angelica _ann
#61 Posted : Tuesday, July 24, 2018 1:14:27 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
Ericsson wrote:
VituVingiSana wrote:
This indicates the attractiveness of Stanbic for SAHL that they want to get to 74.99% however they can. I am holding onto mine until I get a fair offer!


It's about control;Standard Bank Group want to have effective holding for the bank.
Next they will come for Liberty Holdings 75% stake.


Thought once you hit 50% + 1, you have control coz you can out vote all items anytime anywhere / or this doesn't apply here!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Superprime1
#62 Posted : Tuesday, July 24, 2018 2:04:08 PM
Rank: Member


Joined: 5/2/2018
Posts: 267
Angelica _ann wrote:
Ericsson wrote:
VituVingiSana wrote:
This indicates the attractiveness of Stanbic for SAHL that they want to get to 74.99% however they can. I am holding onto mine until I get a fair offer!


It's about control;Standard Bank Group want to have effective holding for the bank.
Next they will come for Liberty Holdings 75% stake.


Thought once you hit 50% + 1, you have control coz you can out vote all items anytime anywhere / or this doesn't apply here!!!

I think it's not just about control but how much of the earnings SAHL can cart away. This should make shareholders stay put even more because it's a strong vote of confidence on the future performance of Stanbic Holdings Plc, esp. if and when the interest rate caps are lifted.
Users browsing this topic
Guest
4 Pages«<234
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2024 Wazua.co.ke. All Rights Reserved.