Before release of FY 2011 results on 23rd April 2012, this stock was trading at KES 7.25. Thats an average price per share of KES 6.20 when you factor in the 1:6 bonus. Thats 75% capital gain! #Money has been made!

A look at the shareholding structure:
Local institutional investors – 80.22%
Local individual investors – 18.02%
Foreign investors – 1.76%

Someone has been buying this counter. Any idea on who and why? Or is it NSSF who ranks 2nd on shareholders list.

http://www.nse.co.ke/lis...&utm_medium=twitter

Why the share price dip after announcement

...@king G you seem to be a lover of this stock,kindly expound as to why you believe it will do well in the future...

I had a similar problem with those less than 100 shares in many counters. I understand its easier to find a seller (to sell to me) than a buyer for your odd ones, I dont know how becoz there cannot be buyer if theres no seller. So what I did, i bought the difference to make them 100 shares and sold them easily. Yu can do the same. Just ask your broker to purchase the additional shares for each of those odd lost stocks at market price (they are usually cheaper) and then sell the resultant normal lots. But of course this makes economic sense only if you've got many shares otherwise it might be expensive to buy 57 shares (in your case) then sell the 100 shares if you factor in comissions to brokers.

Alternatively, ask your broker to sell them at market price. Could take time but eventually they will be sold.

a one off gain of KES 310M from sale of a sports complex boosted the numbers #H1 2012 Kenya Re Results

Kenya Re plans to open a branch in southern Africa by early next year as it seeks geographical and sectoral diversification with its special local concessions set to expire in three years

The company draws more than half of its earnings from Kenya and plans to grow its continental business by setting up more branches in key regions.

It gets a mandatory 18 per cent of the local reinsurance premiums but this guarantee is set to end in 2015, exposing it to international competition.

“We are already underwriting risks in southern Africa markets, but the physical branch will help us offer better services and grow our business,” said Kenya Re Managing Director Jadiah Mwarania.

The listed company is mulling over setting up the branch in Botswana, Mozambique, Zambia, or Zimbabwe once it completes research on the capital and regulatory requirements in each of the countries.

http://www.businessdaily...4/-/tcxohl/-/index.html

Majority of the companies it has stakes in

They will be able due to;
-Growth in premiums
-Growth in Investment Income from Improved performance of listed companies they have stake in.
--Growth in investment income on their bond portfolio.If you look at the balance sheet there is a significant growth in holdings in government bonds