obiero wrote:HaMaina wrote:stocksmaster wrote:obiero wrote:yaserbigchair wrote:GENUINE NEWS!
Ksh. 8 interim is equivalent to over 40% Return at closing of Ksh. 19.25
Those inside are strong, strong but trapped. Yes, the shareholders will receive the KES 8, but collateral damage reeks. Looking forward to ex dividend date 14.07.2025 share correction. Interesting times to be alive
Umeme at 10% limit for today and zero supply despite an over 400K shares demand at 19.75.
Happy Hunting
Is there a company in the NSE that has ever given an interim div of Ksh 8.00 ?
WTK several times
What's the cost of the stock? Ksh 225 vs Umeme Ksh 20.00. Currently Umeme @ Ksh 21.00 is still giving a return of 38% way higher than any stock in the market.A purchase @ 21.00 will only be bad if sold @ 21-div8= 13.00 and I dont see that happening soon considering this is the interim dividend.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham