I&M Bank Rwanda Plc Rights Issue
We are very proud to have been involved as Lead Sponsoring Stock brokers (Faida Securities Rwanda) and Joint Lead Transaction Advisors with I&M Burbidge Capital…
Investment Recommendation Report - HF
We recommend a SELL on Housing Finance. The counter is trading at a P/B multiple of 0.13x (at a price of KES 3.73) against an industry average of 0.70x as at 30th…

Investment Recommendation Report - Equity
We recommend a LONG-TERM BUY on Equity Group Holdings. The counter is currently trading at a trailing P/B of 1.16x (at a price of KES 34.35) compared to the banking…
Investment Recommendation Report - HF
We recommend a SELL on Housing Finance. The counter is trading at a P/B multiple of 0.12x (at a price of KES 3.63) against an industry average of 0.71x as at 16th…
VSA Capital Faida Strategic Partnership
We are pleased to announce that we have entered into a strategic partnership with VSA Capital, an international investment banking and broking firm. The partnership…

Investment Recommendation Report - Equity
We recommend a LONG-TERM BUY on Equity Group Holdings. The counter is currently trading at a trailing P/B of 1.18x (at a price of KES 34.90) compared to the banking…
Investment Recommendation Report - HF
We recommend a SELL on Housing Finance. The counter is trading at a P/B multiple of 0.14x (at a price of KES 3.99) against an industry average of 0.72x as at 2nd…

Investment Recommendation Report - Equity
We recommend a LONG-TERM BUY on Equity Group Holdings. The counter is currently trading at a trailing P/B of 1.22x (at a price of KES 36.10) compared to the banking…

Investment Recommendation Report - Safaricom
We recommend a HOLD on Safaricom based on the current market prices. The counter is currently trading at a P/E multiple of 15.16x (at a price of KES 28.20, as at…

Investment Recommendation Report - Equity
We recommend a LONG-TERM BUY on Equity Group Holdings. The counter is currently trading at a trailing P/B of 0.97x (at a price of KES 28.75) compared to the banking…
Investment Recommendation Report - Stanbic
We assign a LONG-TERM BUY recommendation on Stanbic Holdings. The current market price of KES 74.50 (as at 7th August 2020) presents a buying opportunity for investors…
Investment Recommendation Report - Standard Chartered
We issue a SELL recommendation on StanChart. The stock is currently trading at a trailing P/B ratio of 1.11x (based on a market price of KES 153.75 as at 30th July…
Investment Recommendation Report - Stanbic
We assign a LONG-TERM BUY recommendation on Stanbic Holdings. The current market price of KES 79.00 (as at 24th July 2020) presents a buying opportunity for investors…
Investment Recommendation Report - KCB
We issue a LONG-TERM BUY on KCB Group. The counter is currently trading a trailing P/B multiple of 0.85x (at a price of KES 35.25), a 28.2% discount of over its…

Investment Recommendation Report - Equity
We recommend a LONG-TERM BUY on Equity Group Holdings. The counter is currently trading at a trailing P/B of 1.08x (at a price of KES 31.85) compared to the banking…
Investment Recommendation Report - KCB
We issue a LONG-TERM BUY on KCB Group. The counter is currently trading a trailing P/B multiple of 0.84x (at a price of KES 35.05), a 28.2% discount of over its…