according to the data i have the shares are now worth ksh 2,120,000
buying price in 2004 was ksh 280,000 (4000 *70)

The value of the share in 2004 was ksh 70.
The share was listed by introduction in 2006 at ksh 90.
In february 2009 there was a split of 1:10, meaning the 4000 shares are now 40,000 shares.
At the current price 0f ksh 53 the shares are worth ksh 2,120,000.

note
i have assumed no split or bonus in between 2004 and 2006

according to the data i have the shares are now worth ksh 2,120,000
buying price in 2004 was ksh 280,000 (4000 *70)

The value of the share in 2004 was ksh 70.
The share was listed by introduction in 2006 at ksh 90.
In february 2009 there was a split of 1:10, meaning the 4000 shares are now 40,000 shares.
At the current price 0f ksh 53 the shares are worth ksh 2,120,000.

note
i have assumed no split or bonus in between 2004 and 2006

It seems I will have to keep my Equitell simacrd in some drawer, I better have an orange or aitel sim in that extra phone!!!

McR

What have you seen with your fine tooth comb?

1.4.2 Voice Traffic by Operator

There was substantial change in traffic patterns for each of the operators particularly for Safaricom, Orange and Airtel Networks Limited. Safaricom’s traffic increased to 6.2 billion minutes up from 6.0 billion minutes recorded during the last quarter. Similarly, the share in voice traffic shifted to 84.0 percent from 75.6 percent registered during the last quarter. Notably, the off-net traffic shot from 305 million during the last quarter to 331 million during the quarter under review marking growth of 8.5 percent.

On the contrary, Airtel’s traffic declined substantially to 722 million minutes corresponding to
9.8 percent share down from 1.0 billion minutes recorded during the previous quarter. Its market
share in voice traffic declined to 9.8 percent down from 13.4 per cent reported during the
previous period.

Telkom Kenya Limited (Orange) gained in total mobile voice traffic to post 458 million minutes during the quarter up from 356 million minutes posted during the previous quarter. The market share for Telkom (Orange) has demonstrated improvement over the last three quarters with the quarter under review recording 6.2 percent market share from 4.4 percent recorded during the last quarter.

During the period under review Finserve, a Mobile Virtual Network Operator (MVNO) licensed in 2014 recorded on-net traffic of 1.6 million minutes during the quarter.

1.2 Mobile Money Transfer

During the quarter under review, the number of mobile money transfer subscriptions stood at 26.0 million down from 27.4 million recorded during the last quarter, representing a decline of 5.3 percent. This could be attributed to the exit from the market by Essar Telecom Limited (yu) which held 2.1 million mobile money transfer subscriptions representing 7.8 percent market share by end of the previous quarter.

Finserve, a Mobile Virtual Network Operator licensed in 2014 joined the market and recorded 394,606 subscriptions during the quarter under review.

I'm in Nakuru and while at an mpesa/equitel agent and noted the 3 guys infront of me on the queue were doing equitel transactions, this thing may actually make equity money in its 1st year

I have noticed they are also marketing equitel direct to the customers when the queues are long like how your account is now in your mobile phone and you dont need to come to the bank