Breaking news!!! Get your Money Ready! Family Bank to be list on NSE

Added: 2026-05-14

[00:00:00]Breaking news. Get your money ready.

[00:00:04]Okay. Why? Family Bank is about to be listed on the Nairobi Securities Exchange. If you've been buying shares, have you noticed that if you scroll from all the watch list, you will never meet Family Bank there. Why? Because it is not listed. Meaning you can't buy it shares on the public domain that is on the Nairobi Securities Exchange. But you can on the private are we together? If you want to buy shares, there is a way you buy off the listed on the Nairobi securities exit. Now that is about to come to an end. I reported this last year 2025 making this video in 2026 and they who the Nairobi Securities Exchange said that they're going to list this company on the Nairobi Securities Exchange but the listing is quite different and unique because it's not an IPO. You see the way we had an IPO of KPC, okay?

[00:01:03]Where you were to buy shares before they listed on the Nairobi Securities Exchange. Now they will skip that point of the IPO. All right? So they're going to be listed on the Nairobi Securities Exchange by what we call H not listing listing by introduction. All right. So let me explain to you what that means.

[00:01:24]It means a company joins the stock exchange without selling the new shares to the public first. Right now as you speak the family bank has around 1.03 03 or 1.3 there about billion number of shares that is out there and this is the difference big and when you say the company is being listed by introduction it simply means the existing shares that are there let's say it's 63% which is I think it's around that particular 63% that is the number of shares which is equivalent to around 1 billion thereabout so that is the only shares that they will do what list it on the Nairobi securities exchange They won't liquidate any other shares.

[00:02:08]Meaning the company is not looking for liquid. It's not looking for money. In other words, from the IPO, it won't sell more shares of its own company. Are we together? So, it's only going to list the existing shares that I told you, you buy from the counter. Are we together?

[00:02:24]So, you can buy shares from the counter.

[00:02:27]But those shares once they are listed, they can now be traded publicly. For those who are shareholders as we talk right now those are the people who willingly they will sell their shares on the Nairobi securities exchange right now the share for family bank I don't know whether it's 16 shilling or thereabout again if you have the information please kindly I I always say I'm not here because I know everything are we together we here because we exchange and share ideas are we together so you can tell us on the comment section how much is one share for the family bank going are we together over the counter now this what will happen now this family bank it's one of the biggest bank in Kenya we cannot deny that that's for sure and is one of the tier 2 banks in Kenya remember I told you the banks in Kenya are classified in terms of tier tier one tier 2 tier three and all those kind of things so for family bank this means the bank has already already has shareholders as we speak true and I told you those shares they buy it through uh the counter over the counter those existing shares will simply become tradable on the Nairobi Securities Exchange. Perfect. No major public fundraising happens during the listing. Uh and it's like this opening the gate for public trading, not selling fresh stock from h from the company or from the cash. Now what happens is just they're just you see for now you can't know when those shares are being sold.

[00:03:53]It's just private. You see the way you would walk into a circle and let's say there's somebody who want to you know close the the account or maybe sell all the shares that they have is it called the ordinary shares or whatever the shares it. So the way you walk into a circle you want your money you want to sell your shares. So they privately look for somebody from the members there. Hey guys who who can buy these shares this guy want to leave. Oh you can okay fine.

[00:04:18]Are the shares worth a million? Okay fine. How many shares are those? It's 100 shares. Okay fine. Take this 100 shares. Give us their million. we give this guy so that he walk away. That is kind of an arrangement that they're having so far. So this information is not out there. So it's not likely affected by the noises on the market and all those kind of things and what have you. But they are saying hey guess what we would like to go ahead and introduce these shares that we are trading privately. We can trade it out there public and that is where you and me personally I'm really waiting for these shares. I'm really waiting them to be listed on the Nairobi Securities Exchange and um for sure one thing I'll tell you is that the shortcoming with the the introduction investing by introduction we may not have a lot of shares for us to go for probably might have actually demand and of and then probably these prices will actually shoot out there because there are we don't have a lot of shares to you know sort of to buy although 1 billion shares is quite a number of shares but of course the demand will be there and this is the difference when we have the IP IPO and the listing by introduction. By the IPO, the company is selling new shares, meaning the offers what we call the liquidity, meaning it sheds down some few percentages as far as that company is concerned. Okay.

[00:05:31]Now, uh now what happens is that this is an opportunity that is seated right on your face that you're supposed to keep your money ready. Again, I know you're about to ask me when will this happen, Joseph. Honestly, I can't tell you. will happen next week will happen this month will happen whatever but they are saying mid they said mid 2026 making this video on the 10th of May and of course we are about to hit this June then that's why they say they're going to list this this information or this news is really trending probably this um back then when I was making a video they were waiting the um authentication from the relevant bodies particularly the CMA and the rest for them to be listed on the Nairobi securities exchange and the funny thing is that not only the fund bank that we expecting to be listed on an IPO I mean rather on the Nairobi securities exchange we also waiting for another company called Trific that is a nate are we together that will actually give you the opportunity to invest in the real estate investment trust we call it the rates uh that is the USD denominated and of course you know one thing um this is an information that most people don't even know by the way this uh particular I rate uh will be listed on the Nairobi securities exchange where you'll get the opportunity to invest in this terrific uh IATE and of course you know one thing uh the real estate investment trust by law they are supposed to share 80% of their um earnings to the investors that is exactly what happens and just to give I know we talking about the family bank but then just give you a sneak preview of what exactly is happening this IATE uh it's actually collecting money from different people and then once they get that money they get into the investment in the real estate where obviously they make the returns out of the you know uh they can even sell or they can even rent it out there but I is particularly renting and then of course whatever they get it's shared after paying the taxes they share that with the investors out there so most of you probably may not know what exactly are rates I think I'm going to make a whole video dedicating it to rates I explain to you what are I rates what are dates what are the structure of an a rates leads and how do they function in Kenya?

[00:07:45]Are they high risk? Are they low risk?

[00:07:47]What are the steps that you require for you to open the account for you to invest out there? For the one that you're having so far trending, the Trific one, actually, you need a minimum of $1,000 for you to invest there. That is equivalent to like 129,000 Kenyan shillings or there about 130 Kenyan 130,000 Kenyan shilling out there. We having quite of offers as we speak right now. So, it depends on what exactly you want to invest on. Once we have this IATE listed on the Nairobi securities exchange, once we have the family bank listed on the Nairobi Securities Exchange and many others that are coming uh so that at least we can be able to grow ourself to the next level. And people always say, "Hey, never complain that there are no opportunities.

[00:08:28]Opportunities are right there on your doorsteps. You only need to do something. You only need to tap that opportunity and be able to invest there." I know again another question you were to ask about this family bank.

[00:08:40]How much do I need? How much do you need? It depends. They have not yet disclosed how much they going to be listing the companies at what price.

[00:08:48]They have not said. Okay. But I'm suspecting might be in the zones of 10 to 20 shilling there about. I expect that amount. But again, if it becomes bigger than that, please don't come here and crucify me. Again, I'm trying to speculate and that's why I'm encouraging if there is anybody watching this video and you have a little bit of sneak sneak peek of what shares goes for for the family bank. Personally, I've never bought those shares. Uh, honestly, as of now, I don't have anybody who can handhold me and buy those shares. Uh, should I use the term back door over the count or whichever the process? I do not have yet that person who can show me. I know I maybe I should contact my stock broker so far. But anyway, I'm just waiting to see how the public will react to that particular share. And obviously, we're going to also do what you call the valuation.

[00:09:33]We're going to see how much the family bank is valued in terms of the net worth. If you were to deduct all the liabilities and the asset they have visa v the price per share then we got to dissect just like we did for the KPC and we realized it's not really adding up you know the IPO at 9 shilling wasn't that favorable for people to invest on that anyway when that time comes guys of which I do not know when it is but let me tell you one thing might be very soon soon soon from now probably by the end of this month or probably next month we might have it I said we might have it.

[00:10:09]Are we together? Cuz I'm also not certain exactly on when this can happen.

[00:10:13]And obviously I know you might be like okay what do I need? Simple be getting the CDS account. Open the CDS account so that when it comes when the opportunity is there you can tap it. It will be if it will be a worth opportunity to invest out there. And of course by God's grace and will I will try the best I can to dissect give you the substance and I tell you whether it is worth investing on it or not. So what you need to be doing right now, forget about where is the date and whatever. This news will be all over. Okay? Good. Jose will say we make a video saying, "Hey, it's tomorrow, it's next week is whatever."

[00:10:44]The moment they announce it, I'm telling you, this information will be out there.

[00:10:48]So don't chase it the last minute. Get the CDS account ready. Even if they will never show up and be listed on the Nairobi Securities Exchange, the CDS account will help you to be buying shares in future. That is exactly what you need to do. You know, for now, just prepare yourself and do something about it. This is good Joseph and out all the time. I try the best I can to come here and I share some of the information, good news that you can tap on to and invest. For now, it's a goodbye and see you in the next one. And if you're confused, don't even know where to start, please. My number is always on my profile. Pick it up there. I should be a text or a call. Let's talk business. But for now, it's a goodbye.