KA-INVESTOR

• Getting Ready for Safaricom IPO

  Posted: March 13, 2008, 6:07 pm by ka-investor

  BD indicated in their paper today that investor are selling off their stocks in preparation for the Safaricom IPO at the end of this months or first week of April. Already some stockbrokers (read Dyer & Blair) are recruiting more staff in preparation for the heavy work load. The IPO is most likely to be priced at ksh.5 per share with a minimum application 1,000 shares, to attract more retail investors and build the badly damaged confidence in the market. Get yourself ready!

• Banks & Brokers

  Posted: March 13, 2008, 2:05 pm by ka-investor

  Brokers have chosen a very wrong time to screw up. And they are doing it big time! Lucky for them, there are several banks (Equity, KCB, Chase, HFCK, Family, NIC, Old Mutual et. al.) out there hawking for a place on the NSE and are more than ready to snatch up their trading licenses and compensate their disgruntled investors no matter how much that will cost. I believe this has made the perpetrators of these hideous crimes against investors to continue with unabated impunity, knowing the tradition of not being charged in court will be upheld. Coming to think of it, it seems there is more than enough demand for a position on the stocks market. WHY not then allow more brokers to be registered or easily license some banks to trade for their clients? The idea of holding the bourse hostage to a few old boys clubs is not working and its time they let free markets set the course or else NSE is doomed.
  
  Mumias transport/farmers crisis
  Mumias Sugar Company is advertising for track transporters for their canes, after falling out with their current transports over payments. The sugar manufacturer is facing another crisis from its out-grower farmers who are threatening to join the striking transporters if the payment per tonnage is not increased soon.
  
  2008 Young Global Leaders
  The World Economic Forum has announced its list of 2008 Young Global Leaders. Last year Binyavanga Wainaina was nominated but declined the award. You've got to read his letter.
  
  Widget Obsession
  I don’t know if it’s only me, or all bloggers love widgets? I’m not so much into high-tech stuff, but widgets have got me obsessed and I try all the widgets I can get. I like how White African, Afromusing and mental have their IT thing going, although some of those terms they use leave my head spinning. I recently stumbled on FEEDJIT and neoworx.net which have very great live statistics and pimp-my-blog stuff that you can try, although neoworx is not free.

Blah blah blah

Fish cakes

Alas a fish cake.

Yet more fish cakes

Guess what ... yeah ... fish cakes.

The end of the fish cakes