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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Cde Monomotapa wrote:The RS reduces the no. of shares in issue hence gives an 'illusion' that eps and dps have gone up. However, its main advantage is to achieve better price discovery for the stock and also an indication that management is bullish abt the Co.s future. In summary, it is like changing 100sh coins to 1, 100sh note. Lack of RS on the NSE has been a matter of no regulatory provision for it, however, it is now included in the reviewed/new rules. I guess I meant the usual stock split or will we call it a forward split?  u know what I mean. Yeah you are right, it was a 1:10 split so effectively my shares have been reduced by a factor of 10  not sure I like this plus I have been reading on it and supposedly they say that such a split is usually a sign of bad times ahead!! But I doubt it coz the company is expanding aggressively, and CITI did the same type of split earlier this year and their share is holding out at that level. You shouldnt be so cynical about it sweetheart, an illusion of a good EPS and DPS will attract new investors and I bet in a year, this new price will have doubled OK now I understand what you meant by conventional split
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Cde Monomotapa wrote:youcan'tstopusnow wrote:Buffett should stop playing and buy KK. The whole of it  He needs Pan African Investment Counsels. We should email him a proposal he can even buy KK as CSR The day Buffett sets his eyes on SSA will be the day instant Billionaires will be made. Unfortunately he doesnt like going to unknown places, it took alot for him to venture into New York and he immediately found a way to go back to good old boring Omaha. If I was to guess, he wouldnt buy KK because he doesnt like Energy stocks nor does he like Airline stocks so KQ is out. I would guess he would pick up KCB , NMG, definetely Jubilee and any stock that trades in furniture, is there any?
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Rank: User Joined: 5/3/2011 Posts: 559
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@Nabwire....I hope you're making money off the NY stock exchange, my curiosity is, are you undergra or grad and if you're undergra, when are you graduating?
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Drunkard wrote:@Nabwire....I hope you're making money off the NY stock exchange, my curiosity is, are you undergra or grad and if you're undergra, when are you graduating? Maswali mengi ni ya nini?? Why does it matter if Im undergrad or graduate student?? The stock market doesnt care about that, it only cares about buy and sell orders At this rate im getting scared, first you wanted to know my location, now you want my graduation date, ndio ukuje? Si ulikataa kunikopesha pesa, you never give up huh?
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Rank: User Joined: 5/3/2011 Posts: 559
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@Nabwire.... I will definately not go to anyone's graduation, I even missed my graduation ceremony( not a joke), I don't date Kenyans or anyone online or anyone more than 20 minutes drive or anyone who would want to get married or anyone who make less that $60K a year so my questions has nothing to do with intimate liking, but I admire some intelligence in you and I hope you won't be like so many smart Kenyans here in US who never made beyond being educated.... About the pesa that I never gave you, of course people don't give money any howly but I have a few investments you might be interested in
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Drunkard wrote:@Nabwire.... I will definately not go to anyone's graduation, I even missed my graduation ceremony( not a joke), I don't date Kenyans or anyone online or anyone more than 20 minutes drive or anyone who would want to get married or anyone who make less that $60K a year so my questions has nothing to do with intimate liking, but I admire some intelligence in you and I hope you won't be like so many smart Kenyans here in US who never made beyond being educated.... About the pesa that I never gave you, of course people don't give money any howly but I have a few investments you might be interested in LOL you have issues hii siwezani nayo
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Rank: User Joined: 5/3/2011 Posts: 559
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if you graduated and don't get a job, look for drunkard
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Nabwire wrote:Cde Monomotapa wrote:youcan'tstopusnow wrote:Buffett should stop playing and buy KK. The whole of it He needs Pan African Investment Counsels. We should email him a proposal he can even buy KK as CSR The day Buffett sets his eyes on SSA will be the day instant Billionaires will be made. Unfortunately he doesnt like going to unknown places, it took alot for him to venture into New York and he immediately found a way to go back to good old boring Omaha. If I was to guess, he wouldnt buy KK because he doesnt like Energy stocks nor does he like Airline stocks so KQ is out. I would guess he would pick up KCB , NMG, definetely Jubilee and any stock that trades in furniture, is there any? Wacha wewe  Nani alisema Buffett doesn't like Energy stocks? ConocoPhilips? And of course his legendary PetroChina investment... GOD BLESS YOUR LIFE
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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I may be wrong but his portofolio shows his Energy stocks are less than 3%, na Petro China ni gani? Dont see it there??? That doesnt mean KK is bad, I was just saying he probably would not buy it http://warren-buffett-portfolio.com/
But this might be an old portofolio coz its showing that he sold off BAC!!
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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