tag:blogger.com,1999:blog-24178373.post1547044372750597388..comments2023-11-05T10:03:05.715+02:00Comments on pesa tu: pesa tuhttp://www.blogger.com/profile/13489188603541487272noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-24178373.post-90997661144151330492007-07-16T19:12:00.000+03:002007-07-16T19:12:00.000+03:00A laymans question. How does this take care of the...A laymans question. How does this take care of the increasing interest that local individuals and companies have shown in owning kenyan stocks. Are there chances that in any floatation of shares, investors in the US will outbid Kenyans or simply buy out Kenyans out of their shares (given the strong dollar currency) thus transfering ownership of Kenyan companies to New York. Of course that also goes with repartriation of profits made by Kenyan consumers to US which in the long run is not for the interest of Kenyans. All these factors and their impact on Kenyan economy need be considered. Well?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-24178373.post-63495091459112413872007-05-24T17:27:00.000+03:002007-05-24T17:27:00.000+03:00@mwasjd:Thats the same reason why i want thecross-...@mwasjd:Thats the same reason why i want thecross-listing.<BR/>Oversimplification? yes, i could have said sponsored or unsponsored ADR, Level 1....etc. the know how much better i can present finance/economy based posts.Am more interested in non-practioners reading blog.The pros have all the info they need.pesa tuhttps://www.blogger.com/profile/13489188603541487272noreply@blogger.comtag:blogger.com,1999:blog-24178373.post-65549928824395641422007-05-23T14:52:00.000+03:002007-05-23T14:52:00.000+03:00My vote is with cross listing, but only on the vir...My vote is with cross listing, but only on the virtue of putting corporate Kenya on the global map. If Safaricom generates iterest, would be good for the rest of the economy in terms of attracting foreign investments (read takeovers). <BR/><BR/>Must admit though, for having a non-finance background, your use of "oversimplified" is quite interesting...mwasjdhttps://www.blogger.com/profile/10398203325237099562noreply@blogger.comtag:blogger.com,1999:blog-24178373.post-76244350470756243472007-05-19T11:17:00.000+03:002007-05-19T11:17:00.000+03:00@UDI:Sarbanes-Oaxley claimed another victim-NASPER...@UDI:Sarbanes-Oaxley claimed another victim-<A HREF="http://www.busrep.co.za/index.php?fSectionId=566&fArticleId=3837089" REL="nofollow">NASPERS</A>(DSTV pay channel's) parent co. delisted from NASDAQ to London citing the high listing+compliance costs in the USA<BR/><BR/>@SSembonge: JSE can be easily done but LSe carries more weight +prestige.<BR/><BR/>@Mmnjug: Safcom listing on the NSE will factor in the liquidity worries.BUT we need the offshore listing to raise our profile as a country and market.<BR/><BR/>@Bankelele: Thats why i favour LSE.Whether the price rises/falls post IPO isnt the issue the issue is to raise our profile.Plus, open the way for more kenyan companies to do this.<BR/>True dat, brokers should do a better job for overseas investors coming to the Kenyan marketpesa tuhttps://www.blogger.com/profile/13489188603541487272noreply@blogger.comtag:blogger.com,1999:blog-24178373.post-32236743836184738032007-05-18T09:02:00.000+03:002007-05-18T09:02:00.000+03:00Ther are some compelling reasons to list abroad, b...Ther are some compelling reasons to list abroad, but for now it's not the best option. Cross listing and intergration is smoothing out across east africa and the next likely extenstion will be South Africa (JSE). <BR/><BR/>Not America - Foreign companies like British Airways are <B>withdrawing</B> from the NYSE because the regulations are too much of a burden. The problem of linking up Kenyans in the US with the NSE falls on local stockbrokers, not safaricom. <BR/><BR/>I still maintain that Safaricom will not be understood by on foreign stock markets who have dozens of communications and mobilee companies to pick from. the fact that safaricom is profitable will be negated by the 'risk premium' that is still put on sub-saharan african companies except oil & mining ones<BR/><BR/>- and politicaly, the governemnt wants to transfer shares of safaricom to the people who built it - the mwananchi.bankelelehttps://www.blogger.com/profile/01180926084939364063noreply@blogger.comtag:blogger.com,1999:blog-24178373.post-1960668095201210772007-05-18T08:46:00.000+03:002007-05-18T08:46:00.000+03:00Whoa! Thats a mighty academic explanation! But its...Whoa! Thats a mighty academic explanation! But its the only way to go about it. By listing in the NSE only, Safcom may affect the market because of its sheer size. I wouldnt wis for a repeat of the KENGEN issue where even institutional investors got measly allocations.<BR/><BR/><A HREF="blog url here.com" REL="nofollow">click to http://assidous.blogspot.com</A>mmnjughttps://www.blogger.com/profile/04839161381620353617noreply@blogger.comtag:blogger.com,1999:blog-24178373.post-63712712732613279752007-05-17T20:06:00.000+03:002007-05-17T20:06:00.000+03:00They could also look into JSE. It doesn't have to ...They could also look into JSE. It doesn't have to be UK or USA. Here in the US, various exchanges are fighting over IPO's to list on their bourses.The Black Mambahttps://www.blogger.com/profile/13093261923557991519noreply@blogger.comtag:blogger.com,1999:blog-24178373.post-72752113037340017132007-05-17T19:25:00.000+03:002007-05-17T19:25:00.000+03:00SOX alone is prohibitive enought to dissuade Safco...SOX alone is prohibitive enought to dissuade Safcome from listing on the NYSE. Lets just work on the LSE.Udihttps://www.blogger.com/profile/01266569187197818266noreply@blogger.com