A suspension may very easily come based on the dubious trade that occurred a day to the material announcement, and with that, the benefits of the current price gain will only be in theory. I don't wish it to happen but it could

@vvs my chief. surely you cannot say that nothing wrong happened in terms of insider dealing in the days leading up to the announcement.. Already, all the suspect accounts in question have been frozen as at yesterday, including Wells.. A suspension or long period of a hung share is likely https://www.businessdail...24274-9hvxioz/index.html

These deal should be settled quickly so that we think of other options.Dwelling on one thing for ages will not be beneficial to us.

TO VVS

Congrats VVS. I was encouraged to buy some KK few years ago (in 2015) because of your intelligent analysis. I am a long termer like you which is the trade mark of old people like us. I am mostly after dividend for passive income as dividends pay my bills anytime I am in Kenya.

Quite unlike your thoughts I was the few ones that decided to sell off KK few cents to 20 Bob per share. Not because I am hungry or I need quick Bob.

I am looking at opportunity cost of waiting till early next year (can be Feb mar Apr may or even June 2019) when transactions will be concluded to fully unlock the value at 23 Bob per share.
With this price jerk I still made a net capital gain of 52% and I have ready cash
to re-invest without injecting new funds.

On the flip side there are bountiful buying opportunities as most good stocks with solid fundamentals and high dividend yield are at their lows due to prolonged bearish sentiments in NSE. Name any good stock they are dirty cheap at current prices.

So yours truly decided to use the proceeds to position now as they may be expensive in Q1 2019, and this will qualify me for dividends as most counters year end is Dec so most earning reports are released from March upwards .

Name the good stocks they are numerous at low prices Safaricom, Eabl, Stanbic, KCB, even Kengen cum 40 cents dividend etc etc.

Congrats once again and best wishes.
I thank you for your mature and intelligent contribution to wazua republic.

Sorry for your ARM adventure. To err is human and lesson learnt to move on.
In my journey in NSE I have had my hands burnt in some counters but I moved on and became stronger.

I alsp got my fingers burnt some years back in KPLC,Mumias and HFCK. I was also in ARM but cut some losses on time to recover some funds to re-invest.
Even at this moment 2 of my high dividend counters are in my (ICU) ie under close observation namely NMG and BAMBURI. That is why as long termers we have to review our portfolios say twice a year.

This is strictly my opinion it is not an advise for anyone to adopt. Different strokes for different folks......

From Mzee Young

i sometimes wonder if KCB is a good stock. How is the corporate governance ? Could there be hidden skeletons

GOK is majority shareholder at 17%.But the Group is well run proffesionally under the ceo Joshua Oigara and an independent board of directors

Nothing interesting. It was expected! A monkey has been eating bananas worth KES 15 each but then overnight a new trader arrives and says boldly “in next three to four months my bananas will be sold at KES 23 each”.. Before this announcement he actually proceeded to buy almost all bananas in the market at KES 15, creating an impression that a shortage is imminent. But what is the real value of the banana

LOL... Holy grail....

he seems to have a lot of insider information on this, don't be surprised by a counter offer

Do the customer accounts he used to buy KK shares even know he was using them? Dirty smell here....