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BBK reports record profits FY 2010 results
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mwanahisa
#61 Posted : Thursday, February 24, 2011 12:30:45 PM
Rank: Elder


Joined: 6/2/2008
Posts: 1,438
My 2 cents wrote:
bird_man wrote:
@Jamani.....you will end up with 60shares.However,the new price will be around 17sh (70sh/4).


No No No Shame on you

If you have 12 shares now you will end up with 48 shares after split. Really Wazuans, is math that difficult!!!!!!!!!!!!!!!!!!!!


You got it right bro - i.e 4*12=48! I am surprised that there should even be any debate on this.
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Borsenmakler
#62 Posted : Thursday, February 24, 2011 12:36:24 PM
Rank: New-farer


Joined: 6/22/2010
Posts: 39
Location: Nairobi
Jamani wrote:
has released its financial report stating profits went up 51 percent.
Final dividend 4.70
Split of 4:1


Am in a small debate of the split 4:1
someone says its a split of 4 shares for every single share held i.e if you have 12 then you get (12*4)=48 your total holding comes to (48+12)=60.


@ jamani., why are you adding the 12 to 48? The 12 has already been factored in. For simplicity just multiply the number of shares with the split factor and divide the price with the split factor. And dont forget also the dividend it must be split. Easy enough?
Spread love like violence.
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Borsenmakler
#63 Posted : Thursday, February 24, 2011 12:38:05 PM
Rank: New-farer


Joined: 6/22/2010
Posts: 39
Location: Nairobi
Jamani wrote:
has released its financial report stating profits went up 51 percent.
Final dividend 4.70
Split of 4:1


Am in a small debate of the split 4:1
someone says its a split of 4 shares for every single share held i.e if you have 12 then you get (12*4)=48 your total holding comes to (48+12)=60.


@ jamani., why are you adding the 12 to 48? The 12 has already been factored in. For simplicity just multiply the number of shares with the split factor and divide the price with the split factor. And dont forget also the dividend it must be split. Easy enough?
Spread love like violence.
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erifloss
#64 Posted : Thursday, February 24, 2011 12:59:13 PM
Rank: Member


Joined: 6/21/2010
Posts: 514
Location: Nairobi
You dont have to be a genius for this, you hold 1 share now you'll have 4 after the split not 4.5 or 5!
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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Jamani
#65 Posted : Thursday, February 24, 2011 1:07:53 PM
Rank: Elder


Joined: 9/12/2006
Posts: 1,554
Nice to read your opinions, i won it and took the bets
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Jamani
#66 Posted : Thursday, February 24, 2011 1:09:33 PM
Rank: Elder


Joined: 9/12/2006
Posts: 1,554
Borsenmakler wrote:
Jamani wrote:
has released its financial report stating profits went up 51 percent.
Final dividend 4.70
Split of 4:1


Am in a small debate of the split 4:1
someone says its a split of 4 shares for every single share held i.e if you have 12 then you get (12*4)=48 your total holding comes to (48+12)=60.


@ jamani., why are you adding the 12 to 48? The 12 has already been factored in. For simplicity just multiply the number of shares with the split factor and divide the price with the split factor. And dont forget also the dividend it must be split. Easy enough?


precise and to the point, thanks... i know many other wazuans have benefitted from this discussion on allocation inatatanisha kiasi
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