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What happenned to Centum 1.10 Bonus share?
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wanyina
#1 Posted : Wednesday, September 22, 2010 9:41:44 PM
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Joined: 4/1/2008
Posts: 141
Has any one has the information of Centum bonus share 10.1 or it was a hoax?

Company Bonus of 1:10 (1 share for every 10 held). Book Closure 16-July-2010. Posting; Subject to Approval.
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mwanahisa
#2 Posted : Wednesday, September 22, 2010 10:08:31 PM
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Joined: 6/2/2008
Posts: 1,438
This is on the agenda for the AGM scheduled for 24th September. It is only after shareholders have approved a resolution for the bonus shares that this can be presented to the CMA for ratification. It may therefore take at least another 2 weeks before they can be posted into CDS accounts or certificates printed.
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mwanahisa
#3 Posted : Wednesday, September 22, 2010 10:10:54 PM
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This is on the agenda for the AGM scheduled for 24th September. It is only after shareholders have approved a resolution for the bonus shares that this can be presented to the CMA for ratification. It may therefore take at least another 2 weeks before they can be posted into CDS accounts or certificates printed.
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Sober
#4 Posted : Thursday, September 23, 2010 1:18:25 AM
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Joined: 11/27/2007
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so what happens to the share price here. this counter has been very unpredictable
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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mwanahisa
#5 Posted : Thursday, September 23, 2010 12:40:47 PM
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Joined: 6/2/2008
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In my opinion there will be hardly be any impact, especially if the shares are deposited at about the same time as the Half Yr announcement. Even if the share price changes, it is unlikely to be attributable to the bonus.

We have precedents in the case of TPS (1 for 5 bonus), Jubilee (1 for 10), NIC (1 for 10 bonus), NMG etc (1 for 10 bonus?).
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Jaro
#6 Posted : Saturday, September 25, 2010 1:56:25 PM
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Joined: 8/6/2008
Posts: 13
This was part of the Agenda during the AGM on Friday 24th, see the presentation here http://is.gd/fsgJQ
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simonkabz
#7 Posted : Wednesday, November 03, 2010 1:02:48 PM
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Joined: 3/2/2007
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Location: Cameroon
Were the bonus shares ever posted to the cds account? Myne dnt reflect. Kindly assist.
TULIA.........UFUNZWE!
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Bugatti
#8 Posted : Wednesday, November 03, 2010 1:08:24 PM
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Joined: 10/14/2010
Posts: 50
Location: Nairobi Kenya
@SimonKabz=Check with your broker and if no help check with CDSC at 10th floor Nation Centre.Mine are already in the CDSC.
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BGL
#9 Posted : Wednesday, November 03, 2010 2:00:05 PM
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Joined: 10/11/2009
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simonkabz wrote:
Were the bonus shares ever posted to the cds account? Myne dnt reflect. Kindly assist.


My bonus was posted last month.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Sober
#10 Posted : Wednesday, November 03, 2010 2:03:54 PM
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Joined: 11/27/2007
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have they been updated for those with fantasy accounts.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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My 2 cents
#11 Posted : Wednesday, November 03, 2010 2:42:25 PM
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Joined: 6/2/2010
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Sober wrote:
have they been updated for those with fantasy accounts.

oops...fantasey not that sophisticated yet. One day I hope it will also be able to credit our accounts with dividends declared.
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XSK
#12 Posted : Wednesday, November 03, 2010 5:05:12 PM
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Joined: 12/8/2009
Posts: 975
Location: Nairobi
BGL wrote:
simonkabz wrote:
Were the bonus shares ever posted to the cds account? Myne dnt reflect. Kindly assist.


My bonus was posted last month.


Mine too was posted last month.
You will know that you have arrived when money and time are not mutually exclusive "events" in you life!
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mlennyma
#13 Posted : Wednesday, November 03, 2010 5:36:38 PM
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Joined: 7/21/2010
Posts: 6,191
Location: nairobi
I have too received mine but dont you think centum has created massive odd lots of shares below 100 which are hard to sell?
"Don't let the fear of losing be greater than the excitement of winning."
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