The third mobile operator Etisalat is closing in with its operations, they are visiting the commercial building in Kuwait to install transmitter for stronger cell coverage. I guess there IPO will launch soon. Many ask if non Kuwaitis can take up shares, i guess it depends on the Article of Association of the Company if it allows non Kuwaitis to buy shares. The thing is due to the huge demand for mobile operators in the regions most will get very minimal shares. I guess the shares would be worth nothing until the stock reaches double digits, such number may take 10 years and more for your investment to become worth while. I guess the smart thing to do is buy the stock but in the names of your kids or for a long term investment, i recommend holding the stock for 15 to 20 years. In such a long wait you would get more stocks through stock options and dividends.

This entry was posted on Thursday, August 7th, 2008 at 12:08 pm and is filed under Personnel Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.