Tuesday, May 13, 2008

Wanted

A breakdown on all NSE share splits from 2000, with dates and split prices

Things we don’t have in Kenya but may be nice to have at the NSE
- Short selling; there are some stocks I’d love to short
- Automatic Dividend reinvestment programs (DRIP’s), why don’t more companies push for these as they push for ESOP’s?
- Share buy back programs: someone to buy my Uchumi?

Things that should go away
- Cum dividend: It is criminal that a company can declare a dividend in January to pay in June. Declare a dividend, close the books within a month and pay the day after the AGM please.

6 comments:

Maishinski said...

Wanted: OTC market - penny stocks to add some excitement at NSE...

dgs said...

KenyaRe is going to pay dividend 30 Sept 2008 for fiscal year 2007, that a good 9 months after year end.
I also completely agree about buy back. Overall your suggestion are great, but CMA & NSE are not ready to adapt. If they do NSE can go places as tranparenty is key for investors.

Maishinski said...

Dear all,

I can buy uchumi shares at 0.1 cents each.

Serious offer. Hollar back if you're selling.

:-)

Anonymous said...

Hi Great idea aboout DRIPs- is it that the regulatory bodies are sleeping. Sharesa re the hceapest way a firm can raise money, so why not allow the company to keep a reinvestment fund for those who want to re-invest. this is a better idea than firms claiming dividnds not cashed/ claimed in six months? why has CMA not reigned them on this. any information on this scam to milk investors?

gladiator said...

SPLIT INFO
(format)
COMPANY
RATE DECLARED
CLOSURE PRICE-CLOSE
START PRICE-START
CURRENT PRICE-CUR
COMMENTS
(/format)

Kenya Oil
10:1 6/23/2004
7/5/2004 423
7/6/2004 55
5/16/2008 92.50
n/a

East African Breweries
5:1 8/27/2004
11/26/2004 520
11/29/2004 114
5/16/2008 179
cur-price diluted, 1:5 bonus(2007)

EACables
10:1 8/10/2006
9/4/2006 645
9/5/2006 77.50
5/16/2008 42.75
n/a

ICDC Investments
10:1 10/19/2006
1/4/2007 355
1/5/2007 36
5/16/2008 26.25
n/a

Barclays Bank
5:1 11/8/2006
11/29/2006 571
11/30/2006 92
5/16/2008 73
n/a

Sasini
5:1 12/18/2006
2/14/2007 130
2/15/2007 15.25
5/16/2008 15.50
n/a

CMC Holdings
10:1 1/11/2007
2/26/2007 157
2/27/2007 16.10
5/16/2008 17.95
cur-price diluted, 1:5 bonus(2008)

Kenya Commercial Bank
10:1 3/5/2007
4/2/2007 208
4/3/2007 22.75
5/16/2008 30
n/a

Nation Media Group
2:1 3/18/2008
n/a
n/a
n/a
Probably after AGM at end month

gladiator said...

Sorry for the extra post but this
one has more clarifying comments.

SPLIT INFO
(format)
COMPANY
RATE DECLARED
CLOSURE PRICE-CLOSE
START PRICE-START
CURRENT PRICE-CUR
COMMENTS
(/format)

Kenya Oil
10:1 6/23/2004
7/5/2004 423
7/6/2004 55
5/16/2008 92.50
n/a

East African Breweries
5:1 8/27/2004
11/26/2004 520
11/29/2004 114
5/16/2008 179
cur-price diluted, 1:5 bonus(2007)

EACables
10:1 8/10/2006
9/4/2006 645
9/5/2006 77.50
5/16/2008 42.75
n/a

ICDC Investments
10:1 10/19/2006
1/4/2007 355
1/5/2007 36
5/16/2008 26.25
Now called Centum

Barclays Bank
5:1 11/8/2006
11/29/2006 571
11/30/2006 92
5/16/2008 73
1:3 bonus closed the same day

Sasini
5:1 12/18/2006
2/14/2007 130
2/15/2007 15.25
5/16/2008 15.50
1:5 bonus closed the same day

CMC Holdings
10:1 1/11/2007
2/26/2007 157
2/27/2007 16.10
5/16/2008 17.95
cur-price diluted, 1:5 bonus(2008)

Kenya Commercial Bank
10:1 3/5/2007
4/2/2007 208
4/3/2007 22.75
5/16/2008 30
n/a

Nation Media Group
2:1 3/18/2008
n/a
n/a
n/a
Probably after AGM at end month

LinkWithin

Related Posts with Thumbnails