SafariCom IPO [Mocassin]
Tuesday, October 30, 2007 09:23
http://www.bdafrica.com/index.php?option=com_content&task=view&id=3984&Itemid=5812
No wind favors he who has no destined port.
|
Tick tock.. [Mocassin]
Monday, October 29, 2007 18:06
Unconfirmed vybe is that this IPO closes by mid-December 2007(15/12/07). Hope the next few weeks prove this.
No wind favors he who has no destined port.
|
SafariCom IPO [wote]
Wednesday, October 24, 2007 17:44
Murenju,you do not seem to be clear'' i believe you meant MJ says it won't take place 'till 2008. well there is no where he says that,but rather the trading would commence in 2008.
wote
|
SafariCom IPO [Murenju]
Wednesday, October 24, 2007 16:12
MJ still insists that the IPO will not take place in 2008 while Kimunya says 2007. Can someone clarify on this sticky hot issue?
|
SafariCom IPO [Jaymmoh]
Monday, October 22, 2007 13:41
Michael Joseph represents the stake of Vodaphone and not TKL. This is a done deal. This will not happen under the Privatisation act. This means,it will be concluded this year!
Fake it until you make it!
|
SafariCom IPO [sijachelewa]
Monday, October 22, 2007 12:36
Why don't they want to tell us who this Mobitelea is and how they acquired 10% of Safaricom?
Why is Kimunya in such a hurry to sell Safaricom while he ignores that simple question?
Don't you feel that something is being hidden from us?
Toboa and then we will give our blessings to sell.
sijachelewa
|
SafariCom IPO [Sylo]
Monday, October 22, 2007 11:36
MJ was forthright on the IPO,it will never happen in the year 2007!! That cannot change at any rate.
|
SafariCom IPO [Mocassin]
Monday, October 22, 2007 09:45
I guess we’ll know soon. “Action of Safaricom IPO is expected to begin today” (22/10/07) “at 3 pm with transaction advisors who have already signed their contracts assembling at Safaricom House to draw a time table for the transaction.”
No wind favors he who has no destined port.
|
SafariCom IPO [jerimao]
Monday, October 22, 2007 09:34
not really. he repeated what he said on thursday. he mentioned that the IPO will be done next year. the guy knows the politics of kenya can easily spoil this IPO. and he also said that if not handled well it may interfere with the safaricom brand. so he is keen to get it right and that according to him means doing it during peace times. so fyi the IPO will be done next year in the meantime you can buy the other shares
|
SafariCom IPO [Mocassin]
Monday, October 22, 2007 09:18
Jerimao,Michael Joseph said he was misquoted and meant that the listing on the NSE for start of trading is what will be on next year.
No wind favors he who has no destined port.
|
SafariCom IPO [m.Bulls]
Sunday, October 21, 2007 15:57
Jerimao,and everyone with interest on this,kindly check in the D.Nation of 20th this month and read between the lines.
|
SafariCom IPO [jerimao]
Sunday, October 21, 2007 15:04
The CEO of safaricom said last friday that the IPO will be done next year period. he went further to state that no politician whatever his station in life will be able to change his mind. MJ said that he wants the IPO do be done right. for that matter he said he wont be rushed. Now remember MJ is the guy who 'forcefully' created safaricom from a politicaly controled tiny subsidiary to the best and most coveted company in east and central africa. going by MJs past,i dont think any one has any chance to force him to change his point of view. the only way the IPO can be done before elections is if and only if Kibaki postpones elections to february next year. SO that IPO is will definitely be only be done by ODM
|
December Possibility [Mocassin]
Saturday, October 20, 2007 19:48
Still on track:
No wind favors he who has no destined port.
|
SafariCom IPO [marex]
Wednesday, October 17, 2007 19:18
I think they should follow access kenyas path to lock out numbers
employees work for a company investors reap the dividends
|
Dyer & Blair - Morgan Stanley [Mocassin]
Wednesday, October 17, 2007 13:45
Vote of confidence in Jimnah's business acumen - http://allafrica.com/stories/200710152023.html
No wind favors he who has no destined port.
|
Contract Signing [Mocassin]
Friday, October 12, 2007 13:39
Glad there is strong will for this IPO to go through: http://www.bdafrica.com/index.php?option=com_content&task=view&id=3603&Itemid=5812
No wind favors he who has no destined port.
|
SafariCom IPO [Mocassin]
Wednesday, October 03, 2007 19:01
One requirement I recall is registeration with RBA - with a minimum of quite a few million in Ksh assets under management. Someone with all the actual information,enlighten all!
No wind favors he who has no destined port.
|
SafariCom IPO [JediMaster]
Wednesday, October 03, 2007 17:03
what is considered a Qualified institutional investor,we have a registered company and my assumption is that we automatically become QII's,i could be wrong,i dont want to be wrong when this IPO hits the shelves.
One other thing,are there brokers/dealers who deal better with this kind of accounts? or my current dealer will suffice?
|
SafariCom IPO [Ism]
Wednesday, October 03, 2007 13:48
Era,
Thanks that courts have finaly striked out the case,and our hopes for November remains,However,im just concerned when you say that no % will be given,just to have max,as far as i can recall,contracts have not yet been signed,no due deligence has been carried out by the lead adviser,i.e. no body knows how many shares and at what price to offer
Further,gava has to look friendly to "wanjiku" and fixing of max is allowing for more cds's which is night-mare to kengen so far cause of communication requirement in the companies act,i mean kengen is spending over 10m in sending letters for AGM etc,how much will safcom spend if it nets 3m shareholder "remember amendment to that law will take at least 2 yrs going by our parliament practices"
Following that,i belief they shoul remove the 100 minmun shares plus % in any IPO rule,and have zero shares plus %,this method makes your 3,000 cds usesless hence safcom have less shareholder (imagine 1000 people each opening 300cds's and safcom sending letters to all cds holders,its just nightmare).
Assume you apply for 10,000 shares and oversucription is 3 times then you should get 0+25% of 10,000. This formula negates the logic for multiple cds.
"Being happy doesn't mean everything's perfect. It means you've decided to see beyond the imperfections."
|
Safaricom On Course [Mocassin]
Wednesday, October 03, 2007 13:12
03/10/07 - The High Court strikes out the case filed by three MPs seeking to stop the Safaricom IPO.
Reasons: Judge ruled that Safaricom is not PLC so can't issue orders to compel one to reveal its shareholding. Again,MPs told they filed their case too late and were blocked pursuance of the same case to any other level.
No wind favors he who has no destined port.
|
|
