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what is the hullabaloo bout KCB???
astute
#1 Posted : Wednesday, May 12, 2010 5:49:15 PM
Rank: Member


Joined: 3/24/2010
Posts: 101
Location: Nairobi
assuming KCB never went 4 a split of 1:10 earlier and without any right issue, the dividends would be something like 10bob cos the shares would be fewer....now that they have more shares a dividend of sh 1 is cool!!!

now that the shares r dropping in price, the security of capital is assured and it is less risky...it is the time to buy like never before....especially when and if it reaches any where below 15
sparkly
#2 Posted : Wednesday, May 12, 2010 6:55:30 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
astute wrote:
assuming KCB never went 4 a split of 1:10 earlier and without any right issue, the dividends would be something like 10bob cos the shares would be fewer....now that they have more shares a dividend of sh 1 is cool!!!

Now, what does the absolute amount of dividend have to do with it? Safaricom paid 10 cents, is that also cool?
Life is short. Live passionately.
VituVingiSana
#3 Posted : Wednesday, May 12, 2010 9:21:22 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
15/- is a bargain...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
astute
#4 Posted : Thursday, May 13, 2010 4:58:26 PM
Rank: Member


Joined: 3/24/2010
Posts: 101
Location: Nairobi
[quote= Safaricom paid 10 cents, is that also cool? [/quote]

my mathematics tells me that safaricom gave 40% of its profits to shareholders..isn't that cool???.. 4 me that's cool... it is a growth company and has invested heavily.....it has to retain something for its expansion!!
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