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SportPesa IPO
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tandich
#1 Posted : Thursday, October 18, 2018 7:54:49 AM
Rank: Member

Joined: 5/6/2008
Posts: 199
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VituVingiSana
#2 Posted : Thursday, October 18, 2018 8:02:08 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,342
Location: Nairobi
tandich wrote:
According to Bloomberg

Sports-Betting Firm Tied to Arsenal Weighs Kenyan IPO

This should be interesting! A good PR move too given the political pressure.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Angelica _ann
#3 Posted : Thursday, October 18, 2018 8:17:02 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
VituVingiSana wrote:
tandich wrote:
According to Bloomberg

Sports-Betting Firm Tied to Arsenal Weighs Kenyan IPO

This should be interesting! A good PR move too given the political pressure.


Unethical Sad
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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Mike Ock
#4 Posted : Thursday, October 18, 2018 9:16:05 AM
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Joined: 1/22/2015
Posts: 682
They should market it as a chance for punters to reclaim all their lost cash Laughing out loudly
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Swenani
#5 Posted : Thursday, October 18, 2018 9:27:37 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Angelica _ann wrote:
VituVingiSana wrote:
tandich wrote:
According to Bloomberg

Sports-Betting Firm Tied to Arsenal Weighs Kenyan IPO

This should be interesting! A good PR move too given the political pressure.


Unethical Sad


Mlitudharau aha aha haa who is laughing now

Green section always has eyes on the money

Hata nyinyi mtabet kwa lazima
If Obiero did it, Who Am I?
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  | | Edit by user: Thursday, October 18, 2018 9:31 AM | Reason: Not specified
the deal
#6 Posted : Thursday, October 18, 2018 10:03:56 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Nice... The house always wins...

Was the 35% gambling tax implemented?
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mlennyma
#7 Posted : Thursday, October 18, 2018 10:05:51 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
tandich wrote:
According to Bloomberg

Sports-Betting Firm Tied to Arsenal Weighs Kenyan IPO

this will be hot and euphoria charged.
"Don't let the fear of losing be greater than the excitement of winning."
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Lolest!
#8 Posted : Thursday, October 18, 2018 10:35:49 AM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Betting companies are aware of 2 factors affecting their business:
1. Gambler fatigue-where erstwhile dedicated gamblers get exhausted due to losses and opt to stop/reduce betting.
2.Increased competition-Entrants are bound to keep increasing thus muddying the pool.
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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Angelica _ann
#9 Posted : Thursday, October 18, 2018 10:37:36 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Mature business, time to rope Wanjiku in and scatter like #Amanya. cc. HAFR smile
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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  | | Edit by user: Thursday, October 18, 2018 10:39 AM | Reason: Not specified
cyruskulei
#10 Posted : Thursday, October 18, 2018 10:51:13 AM
Rank: Member

Joined: 3/9/2010
Posts: 320
Location: kenya
Angelica _ann wrote:
Mature business, time to rope Wanjiku in and scatter like #Amanya. cc. HAFR smile


I don't bet but for once my interest has been aroused by this company.

Everyone i meet are discussing sportpesa as if they own it. Now i think its time we own and play the game too.

Anyone here with their recent financial results
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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Swenani
#11 Posted : Thursday, October 18, 2018 11:08:27 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Angelica _ann wrote:
Mature business, time to rope Wanjiku in and scatter like #Amanya. cc. HAFR smile


The speculators will make money. This IPO is not for the likes of VVS and Obiero who get in a marital relationship with their stocks
If Obiero did it, Who Am I?
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watesh
#12 Posted : Thursday, October 18, 2018 11:23:00 AM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
The current owners of Sportpesa will exit as major billionaires. If its true they make 100 billion a year in revenue and suppose they have the same margins as Safaricom or slightly lower, we seeing a valuation of maybe 200b to 300b.
Going by this ownership structure (in the link), a guy like Karauri can walk out with 18 billion.
https://naibuzz.com/owns...pesa-list-owners-photos/
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VyaBureSiachi
#13 Posted : Thursday, October 18, 2018 11:24:52 AM
Rank: New-farer

Joined: 2/27/2018
Posts: 59
Location: Cambrian Dc
When you see capitalists 'sharing' their wealth with the masses jua ni kubaya.
The fact that they've been pushing the 'jenga bet' so hard should be an indication that they are not doing well.
Anyway, I'll jump in and out very quickly.
If the radiance of a thousand suns were to burst at once into the sky that would be like the splendour of the mighty one.
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VituVingiSana
#14 Posted : Thursday, October 18, 2018 11:49:44 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,342
Location: Nairobi
Swenani wrote:
Angelica _ann wrote:
Mature business, time to rope Wanjiku in and scatter like #Amanya. cc. HAFR smile


The speculators will make money. This IPO is not for the likes of VVS and Obiero who get in a marital relationship with their stocks
I am happy to buy at the IPO and sell to the sods who think they can actually win at gambling!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Swenani
#15 Posted : Thursday, October 18, 2018 11:52:51 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
[quote=watesh]The current owners of Sportpesa will exit as major billionaires. If its true they make 100 billion a year in revenue and suppose they have the same margins as Safaricom or slightly lower, we seeing a valuation of maybe 200b to 300b.
Going by this ownership structure (in the link), a guy like Karauri can walk out with 18 billion.
https://naibuzz.com/owns...esa-list-owners-photos/[/quote]

Kenyan wallstreet puts their annual global revenue at Kes 43 birrion
If Obiero did it, Who Am I?
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