Lorde

Crypto enthusiast

[Lorde @Living_lorde]

@Audacitycap "I'm ready"!!!!!!

[Lorde @Living_lorde]

@daremarket 326

[Lorde @Living_lorde]

@Audacitycap 48k$ @Ghost9xd

[AudaCity Capital @Audacitycap]

How much did we pay out last week?

Guess correctly and win a funded account.

To enter:

Like & Retweet
Comment your guess
Tag a trader

Extra entry if you reply to another trader’s guess.

Closest guess wins.

[AudaCity Capital @Audacitycap]

We’re giving away Funded accounts today.

But it stays locked until this tweet reaches:

500 Likes
300 Reposts
200 Comments

Comment “UNLOCK” if you want the giveaway opened.
Follow @AudacityCap

[Lorde @Living_lorde]

@Audacitycap I'M READY

[Lorde @Living_lorde]

@GoatFunded why am I unable to close my position yet the markets have opened on your platform?

[Lorde @Living_lorde]

@EdwardXLreal change in time of receiving a payout

[Lorde @Living_lorde]

@GoatFunded Time for receiving a payout

[Lorde @Living_lorde]

@AlphaCapitalUK 8

[Lorde @Living_lorde]

@Nick_tradesKe1 INDUSTRY

[Lorde @Living_lorde]

@Nick_tradesKe1 hey, reached out a while back kwa dm's you haven't responded

[AudaCity Capital @Audacitycap]

New day
New opportunities
Same commitment

Comment your trading goal for today

#TraderGoals #MarketMindset #AudacityCapital

[Lorde @Living_lorde]

@Audacitycap 25

[AudaCity Capital @Audacitycap]

Pick your lucky number from 1–50! 🎯

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👉 You must follow us to be eligible. @Audacitycap

Five of them has a hidden gift.
First five persons to guess it wins.

Like this and retweet so more people get a shot.
Then drop your number.

[AudaCity Capital @Audacitycap]

Would ending the year with a funded account
change your 2025?

$200,000 in funded accounts up for grabs.

Follow @Audacitycap
Reply • Like • RT

[Lorde @Living_lorde]

@BlueberryFunded

[Lorde @Living_lorde]

@Audacitycap 5

[AudaCity Capital @Audacitycap]

Pick your lucky number from 1–50! 🎯

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👉 You must follow us to be eligible. @Audacitycap

One of them has a hidden gift.
First person to guess it wins.

Like this and retweet so more people get a shot.
Then drop your number.

[Ndindi Nyoro @NdindiNyoro]

INVESTMENTS AND MARKETS:

A story of REA Vipingo, Billions and Land.

In the year 2013, we had a few shares in a Company called REA Vipingo. We had bought them for twenty something Bob. The company was listed in the NSE.

In November 2013, a company called REA Trading Company, owned by the Sons of the Founder offered to buy all the other shares they didn't own. The share was then trading in the market at Ksh 27.5. They gave a bid of Ksh 40 per share - a modest 45% premium. I was excited and wanted the transaction done. I would have given out our few shares and cash in Ksh 12.5 per share as Profit.

As the rules should be, the trading of REA Vipingo was halted in the NSE due to the "Material Information".

Afterwards, other minority shareholders opposed the bids and forced for the opening up of the process.

Immediately bids were opened, Dr Chris Kirubi through Centum offered a competing bid of Ksh 50 per share.

Afterwards, a company called Vania Investments Company gave a different competing bid of Ksh 55.

The bidding war escalated but to the advantage of shareholders.

Later on, REA Trading Company negotiated with Centum so that Centum could withdraw their bid. Ultimately, REA Trading topped their bid to Ksh 70 per share. They also offered a promisory note of a top up of Ksh 15 when out of divesting some of the land holding. Centum also made a deal to buy over 10,000 of REA Vipingo land for about Ksh 180,000 per Acre as a condition for withdrawing their bid - that is the land that hosts the Centum owned Vipingo Real estate assets include a SEZ.

After the bidding war, the REA Vipingo Shares that were trading at Ksh 27.50 before bidding started got the final bid of Ksh 85 from REA Trading Company. We ended up getting a 209% Premium. I mean 209% profit in a matter of a few Months instead of the initial 45%.

What if the bidders based the transaction and their bids on the "Market Price" of Ksh 27.5? The buyers would have had a field day, just like the celebrations with the buyers of GoK Safaricom stake. But the seller value would have been undermined.

That is how the sale of the 15% Safaricom GoK can be optimised. These kind of transactions become sub optimal when there is personal interest. If we are genuinely seeking the best value for our Country, Kenya, we must open up the bids, get more Billions and grow our Economy.

This is NOT about politics but about what is the right thing to do. It is not about whose argument is popular but about what optimises our Bottomline as a Country. And we must all remember that of approximately 55M Kenyans, the sale of 15% stake or about 6Bn shares represents approx 100 shares per every Kenyan. Therefore we must get full value.

We are African and Africa is our Business..