Monday, August 07, 2006

Equity IPO

The indicative price of KES 70 set for the KenGen IPO seems have been rather low. Closing at 166 on the first day of trading is really fascinating. However I expect the price to stabilize at a lower figure. But this shows that there's lots of money floating all over the NSE looking for some place.

3 comments:

alexcia said...

Interesting how asset price (prices for stuff like homes, shares, land etc) inflation, in kenya and abroad, is disconnecting from consumer price inlation. Blame china for that

coldtusker said...

The indicative price of KES 70 set for the KenGen IPO seems have been rather low.
I think u meant Equity not KenGen.

The Alpha Quadrant said...

oops
i must have been eating dreaming thinking kengen ;)