Hi, I cant figure this out, but the SCANGROUP share is blasting through the roof. Whats going on? Are Telco wars spurring growth in advertising or what. Stock speculators ...Whats in this stock and why are you all demanding for it? Areas
Scan group is in talks to buy large shares of Ogilvy in South Africa as well as West Africa. this will position it to do Pan African Marketing deals with many blue chips. On Wed, Oct 13, 2010 at 3:08 PM, Axe Labs <axe360@gmail.com> wrote:
Hi,
I cant figure this out, but the SCANGROUP share is blasting through the roof. Whats going on? Are Telco wars spurring growth in advertising or what.
Stock speculators ...Whats in this stock and why are you all demanding for it?
Areas
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Not sure if this is the most appropriate forum, but there was a buyout/merger into Ogilvy -------->Near monopoly. Hence the excitement.
That also maybe, but the main driver of this stock is the completion of purchase of O&M Africa BV and Ogilvy East Africa Limited.Scangroup announced on monday that they had obtained all approvals and conditions for the purchase of a 51% shareholding in O&M Africa BV and a 50% shareholding in Ogilvy East Africa Limited. They have also issued a total of 13.8m new ordinary shares. The new shares have been admitted to the Nairobi Stock Exchange. My take, the telco wars are a very small factor, in anycase at least two of the telcos have been brought into one Scangroup basket On 13 October 2010 15:08, Axe Labs <axe360@gmail.com> wrote:
Hi,
I cant figure this out, but the SCANGROUP share is blasting through the roof. Whats going on? Are Telco wars spurring growth in advertising or what.
Stock speculators ...Whats in this stock and why are you all demanding for it?
Areas
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-- Regards Jared Koyier
It hit 76 shillings and thats largely due to speculation plus at that tym the total shares issued was very limited, anyways nw that there are more shares in the stock it shld stabilise at around 50 and sm may consider that expensive even after factoring in the fact that they now have monopoly status in the advertising space. If u have the share sell it then wait till it hits 50 I don't trust wazua there are many speculators. On Wed, Oct 13, 2010 at 3:24 PM, Jared Koyier <jaredkoyier@gmail.com> wrote:
That also maybe, but the main driver of this stock is the completion of purchase of O&M Africa BV and Ogilvy East Africa Limited.Scangroup announced on monday that they had obtained all approvals and conditions for the purchase of a 51% shareholding in O&M Africa BV and a 50% shareholding in Ogilvy East Africa Limited. They have also issued a total of 13.8m new ordinary shares. The new shares have been admitted to the Nairobi Stock Exchange.
My take, the telco wars are a very small factor, in anycase at least two of the telcos have been brought into one Scangroup basket
On 13 October 2010 15:08, Axe Labs <axe360@gmail.com> wrote:
Hi,
I cant figure this out, but the SCANGROUP share is blasting through the roof. Whats going on? Are Telco wars spurring growth in advertising or what.
Stock speculators ...Whats in this stock and why are you all demanding for it?
Areas
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-- Regards Jared Koyier
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Thanks guys...I prefer your IT guy thoughts to the business guy thoughts. So thats whats'up. Now i know. Areas On Wed, Oct 13, 2010 at 4:15 PM, Stephen Munguti <kamitu.sm@gmail.com>wrote:
It hit 76 shillings and thats largely due to speculation plus at that tym the total shares issued was very limited, anyways nw that there are more shares in the stock it shld stabilise at around 50 and sm may consider that expensive even after factoring in the fact that they now have monopoly status in the advertising space. If u have the share sell it then wait till it hits 50
I don't trust wazua there are many speculators.
On Wed, Oct 13, 2010 at 3:24 PM, Jared Koyier <jaredkoyier@gmail.com>wrote:
That also maybe, but the main driver of this stock is the completion of purchase of O&M Africa BV and Ogilvy East Africa Limited.Scangroup announced on monday that they had obtained all approvals and conditions for the purchase of a 51% shareholding in O&M Africa BV and a 50% shareholding in Ogilvy East Africa Limited. They have also issued a total of 13.8m new ordinary shares. The new shares have been admitted to the Nairobi Stock Exchange.
My take, the telco wars are a very small factor, in anycase at least two of the telcos have been brought into one Scangroup basket
On 13 October 2010 15:08, Axe Labs <axe360@gmail.com> wrote:
Hi,
I cant figure this out, but the SCANGROUP share is blasting through the roof. Whats going on? Are Telco wars spurring growth in advertising or what.
Stock speculators ...Whats in this stock and why are you all demanding for it?
Areas
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks ------------ Skunkworks Server donations spreadsheet
http://spreadsheets.google.com/ccc?key=0AopdHkqSqKL-dHlQVTMxU1VBdU1BSWJxdy1f... ------------ Skunkworks Rules http://my.co.ke/phpbb/viewtopic.php?f=24&t=94 ------------ Other services @ http://my.co.ke
-- Regards Jared Koyier
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participants (6)
-
Axe Labs -
Jared Koyier -
Joram Mwinamo -
Njoroge Tito -
Stephen Munguti -
Tony Likhanga