tag:blogger.com,1999:blog-32414748.post7256006665018331023..comments2024-03-10T10:14:35.658-05:00Comments on Kenyanomics: Safaricom IPO DilemmaUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-32414748.post-73942834976062409122006-11-22T01:14:00.000-05:002006-11-22T01:14:00.000-05:00If it is open to foreigners - I think the IPO shou...If it is open to foreigners - I think the IPO should allow ONLY Kenyans - then not a problem.<br /><br />At 8.4 Billion (PAT)x 15 (P/E) x 25% = KES 31.5 Billion = $425 Million.<br /><br />This is a small to mid-size deal by USA/Japan standards.<br /><br />For Kenya... CMA allows for gradual sale e.g. 10% in 2006 then 10% every year thereafter until 40% is sold.coldtuskerhttps://www.blogger.com/profile/05814806273605882544noreply@blogger.com