If you had money, would you invest in UMEME shares?

BACKGROUND:
An initial public offering (IPO) is a type of public offering where shares of stock in a company are sold to the general public, for the first time. Through this process, a private company transforms into a public company.

Umeme is currently wholly owned by Actis Capital a company owned by government of United Kingdom.

Looking at the power outages Uganda experienced in the past few months, some people say that UMEME’s future is not very clear. “MP Mpuuga Mathius told Parliament UMEME has overcharged the public through its IPO. UMEME has been grappling with 30% operational losses over the years.”

However investment experts maintain that UMEME has made great progress over the past few months and hence the future is bright for UMEME.

QUESTION:
If you had money, would you invest in UMEME shares?

A. Yes, UMEME shares would be profitable
B. No, UMEME is not transparent enough
C. Buying shares in general is not a good idea

INSTRUCTIONS:
Send WA followed by either A, B or C and send to 8585. FREE of charge