I think the bld belongs to UAP Insurance (Joe Wanjui, the World Bank's landlord)

I'd love to know the properties they own. Any ordinary shareholder should always check on this carefully as it is the cushion of last resort for them after every creditor has been taken care of in case things go haywire!

@Ecstasy

I agree with you very much. But that is being theoretical. Lets go down to what matters. Making money. Okay, philosophy does not make money. Money is made by buying low and either getting extra bonanza dividends or selling for capital gains. Anything else wont wash.

In other words, if you get into the stock market because a company is nice but does not put the bacon or a bigger hot dog on the table, it is as good as grinding water.

Speculators, Punters, etc know that if I can wait, I will be able to buy Equity at 25 or less. So, why hold or buy it now when I can make more through capital gains than the 80 cents.

Further, we are on the eve of an election year. Wait you see.

At the end of the day, what are you doing investing without getting to enjoy some of the money today?

What is wrong with buying BBK at 51 last december, sell at 70 two months later. I might hate BBK, I know they made a one off 3.5b etc. The only time BBK matters to me is when it helps me make 20 bob per share in two months.

Explanations, ranting, comparisons etc won't count much if Equity won't give a superior return this time as others are giving their shareholders handsome dividends. Then, we get into Equity when it hits rock bottom. Remember there was a time Equity was trading at 33 (330 b4 split)

All quoted companies will only benefit you if you know how to move around making maximum returns at specific times instead of being a slave to a few which you never sell even when it makes business sense to dispose.

Do you know there are people currently buying

Access Kenya: Ati it is cheap, very cheap. They don't know the company is dying and revival is next to impossible.

Olympia: You want to make money in between the wild fluctuation but the day it will die, all your capital will go with it.

Eveready: From 2.50 to 3 bob is super capital gains. When did you last buy Eveready batteries?

Check this out...

http://www.youtube.com/w...4Gg&feature=related

KCB dividend payout is good..best be..the stock had lagged like a problem...KCB have the craziest wage bill in the industry. According to Oduor-Otieno, McKinsey & Company consultants reportedly have 24 or so months to complete REVIEW KCB BUSINESS MODEL, OPERATING STRUCTURES & PROCESSES to make it more efficient and productive while setting the stage for their leap to the next level.

This includes review of the bank's corporate and governance structures, business model, job roles & people placement, risk management and mitigation mechanisms, employee performance management and reward frameworks as well as IT infrustructure and subsidiary businesses, amongst other areas...

By the time KCB finish or is it start.. paying and implementing all this...likely in phases, don't we think that EB or even DTB will have grown at a faster rate? I can then consider KCB quite seriously...

@Muthawamunene

Check it out here

http://www.nse.co.ke/new...results%20FY%202010.pdf

Stock Market Wisdom dictates that if a company has given you a dividend over market price of 2.76%, you dump the shares like yesterday.

But if you have peculiar habits, you can wait for the 80 cents dividend.

Equity's EPS of 2.04 is not impressive compared to KCB.

KCB is even better as it is giving a higher div at 1.25 but the price is still at 23. Hallo?

If you can't dump your Equity today, wait for it to fall again tomorrow before you do so or hold your peace.

.. some one kindly explain this logic to me... i dont quite get it. if there is dividend paid out, the share price drops why? keep it simple

@Kamaug

If you give me 100 bob as a deal in Jan 1st, 2010 at an interest of 10%, I would pay you the ten bob at the end of the yr, Dec 31st if I intend to continue borrowing the same indefinitely.

However, if you sell the deal to a third party on Dec 30, 2010 you would expect 110 from him. If it is the next day after Dec 31,2010 you can sell the deal to a third party at 100 because you already pocketed ten bob and the third party has to wait another year before receiving interest the yrs interest.

It follows that if the third party sells the deal halfway through the year, it would cost 105 holding everything else constant.

However, if political temperatures are rising, you can sell the deal at 70 bob cauze nobody wants to get into deals in uncertain business climate.

@VVS

I meant Adan Moha.

After exhaustively arguing the case, we came to realize that European executives working in Kenya usually have minimal preference of employing ppl based on nepotism and tribalism. In other words, professionals get employed. Thus, the company works well.

That is why Walias in various senior positions perform better as they are yet to get tainted with the kinsman syndrome. ie., iiec etc

Walias for president.

African Kenyans usually get their own kin into the company and when Peter's Principle settles in, the company ends up worse.

No matter how many times you repaet this...someone will still ask..why are stocks falling!!