Friday, December 10, 2010

BRALIRWA, LETS LEAVE IT FOR THE RWANDESE

Loyal Readers' of this blog have insisted that i write about the Bralirwa IPO; i opine we leave this IPO for the Rwandese it is there first and if we participate we shall water down their (citizens)benefits and curtail growth of he Market, Imagine if the Kenyans participated in the Uganda Clays IPO- certainly the Stock Market, with the benefit of hindsight, would not have gotten the few Loyal retail investors.

Rwanda the Market
There is one Company in Rwanda called Capital Ventures, i have heard that it is more wealthy than Rwanda the Country, made its wealth in Bio-tech.... sincerely this guy will want in the Equity market.

Bralirwa
These fellows are paying out almost all profits as dividends; is the growth potential nil?

Conclusion: DO NOT BUY, LEAVE IT FOR RWANDA;
Star Traders'

Below is an e-mal from one of the leading Brokerage Houses in Kampala Uganda handling the transaction read carefully and make your choice.



Time is running out for investors in Uganda who wish to participate in
Rwanda’s first Initial Public Offer (IPO). The official closing date for
Bralirwa IPO is Friday, 17th December 2011.

HOWEVER, due to the extra time required to send documentation and funds to
Rwanda, Crested Stocks is imposing a deadline of Tuesday, 14th December for
receipt of all application forms and deposit of funds.

How to Apply for Shares in Bralirwa:

1. Deposit Uganda shillings into our Stanbic Bank client account. Bring
the deposit slip to our office. We shall advise you of the equivalent
exchange rate between Uganda Shillings and Rwanda Francs at the time/day
of your deposit. We are following the daily bank rate offered by KCB.
Bank Name: Stanbic Bank


2. Visit Crested Stocks office to fill in the application forms. We are
open Mon – Fri from 8:30am to 6:00pm and Saturday from 9:00am to 1:00pm.
Requirements: 4 color passport photos, 2 copies of either a passport or voters card.
IMPORTANT NOTE: only passports or voters cards shall be accepted.

Note that cross-border investments carry an additional risk of foreign
exchange fluctuation. This can be particularly risky for investors in the
case of oversubscriptions and client refunds. Investors are strongly
encouraged to speak with an investment advisor at Crested Stocks about
these risks.

If you have any questions, or are outside of Uganda and cannot visit our
offices please contact the following members of the CSS team:

Joseph Kibuuka +256 782 474929 or jkibuuka@crestedsecurities.com
Ruth Nabakka +256 712539471 or rnabakka@crestedsecurities.com
Robert Baldwin +256 77 4046913 or robert@crestedsecurities.com

Thank you for choosing Crested Stocks and Securities as your broker, I
remain,

Yours Sincerely,


Robert H. Baldwin

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