Tuesday, January 09, 2007

2007 UPCOMING GREAT INVESTMENT OPPORTUNITIES

Kenya RE IPO
Dyer and Blair is the Lead Transaction advisor in the privatization of the Kenya RE Corporation. The Government of Kenya owns 100% of Kenya Re and intends to sell 40% of its shares. Kenya RE is undergoing a re-organization to reduce costs, improve processes and diversify its income stream. It made a profit of Kes: 461M in 2005 as compared to Kes: 452M previously. The IPO is slated for March 2007.

SAFARICOM: Kenya's most Profitable Company.
Having made a profit of over Sh. 12 billion last year, Safaricom is one of the fastest growing companies in Kenya and it’s riding higher. Safaricom valued at over Kshs: 200 Billion will offload at least 25% of its shareholding probably mid 2007.

Telcom Kenya
The government intend to sell about 34 per cent of its shares through an IPO around Sept 2007.


East African Portland Cement:
Lafarge and the Government to offload more shares to the public to reduce their holdings, and increase the total number of shares traded to the 25% required by CMA for listed companies.Lafarge holds 41.7% in EA Portland and 73% in Bamburi Cement. likely IPO is about end of the year.

Kengen:
The government plans to offload a further 19% to the public in June 2007. Around 400 Million shares reducing its stake to 51%.

FAMILY FINANCE BUILDING SOCIETY (BANK)
Soon to be Family Bank is one of the leading microfinance institutions in Kenya and is now offering 15,000,000 Million Share at Kes:60.00 per share (minimum of 500 shares). The share offer is by private placement and a subsequently IPO or like EQUITY BANK did. One need to be an account holder with family finance to be able to purchase the shares.

SAROVA GROUP
Owns a portifolio of profit making hotels chain in Eastern Africa.

Co-op Bank
Already selling their shares through private placement @100 per share
Profit making and available in many parts of the country.

(Other romoured IPO's include):

Sadolin paint-

Adopt-a-light-biggest outdoor advertiser in kenya, involved in road signing too.

Orion EA-sells agricultral chemicals in East Africa.

Triple A Capital-

More information will be provided about the above.



2 comments:

Wealth Creation said...

Hi,

I am a Nigerian residing in the UK.How can I purchase shares in companies such as Safaricom, Coorperative bank, commercial bank of africa, kenya re, Family Bank? Also can you recommend a good stock broker who is a member of the KSE, USE & NSE

Sue said...

Hi, I am a Kenyan student in the US. Can you recommend how I can buy safaricom, kengen shares and the likes from here directly or through reliable stock brokers.