Buy Airtel Shares Through Standard Bank Plc

2020-01-27 00:00:00.0

Recently Airtel Malawi a subsidiary of Bharti Airtel has listed on the Malawi stock exchange in an open bid on 2.2 billion shares. Malawians who are interested can buy these shares beginning with 500 and in multiples of 100 after. The company is current market leader at 54.1 position with over MK50 billion investment in Network Infrastructure

The major advantages of investing in this stock are that;

It has strong growth prospects. It has 4 million subscribers, widest 4G network coverage and 35% Smart phone penetration.

It has high performance prospects with data revenue growth currently at 40% and a strong Revenues and Profit After Tax outlook.

If you would like to purchase this stock Got to Any Standard Bank Branch between now and 31st January.

  • At the Inquiries desk, present your ID (National ID, Passport or License) and fill in the Application form.
  • If you do not have a CSD Account (digital account to hold shares) fill in the CSD Form 1.
  • Make payment and wait for your application to be processed.
  • Results will be issued on 17 February 2020.

If you do not have the money to buy shares now, you can simply get a personal loan and invest your money in this IPO. The advantage of this long term investment is that it grows together with the economy: As the economy grows, so do corporate earnings. This allows you as an investor to stay ahead of inflation. They are easy to buy and easy to sell. You can make money in two ways: Most investors intend to buy low and then sell high.