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KenyaRe FY19 - FY23 (Both Inclusive)
Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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when will the bonus shares be credited to CDSC accounts? Towards the goal of financial freedom
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Rank: Member Joined: 5/2/2018 Posts: 267
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Ebenyo wrote:when will the bonus shares be credited to CDSC accounts? It should be on or about July 26, 2019, just as the cash dividend.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Superprime1 wrote:Ebenyo wrote:when will the bonus shares be credited to CDSC accounts? It should be on or about July 26, 2019, just as the cash dividend. Almost 1 Billion new shares being added to the free float. Let's hope there is sufficient demand to deal with the profit takers. Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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guru267 wrote:Superprime1 wrote:Ebenyo wrote:when will the bonus shares be credited to CDSC accounts? It should be on or about July 26, 2019, just as the cash dividend. Almost 1 Billion new shares being added to the free float. Let's hope there is sufficient demand to deal with the profit takers. That is if the existing shareholders who will be allocated the bonus shares decide to flood the market Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Ericsson wrote:guru267 wrote:Superprime1 wrote:Ebenyo wrote:when will the bonus shares be credited to CDSC accounts? It should be on or about July 26, 2019, just as the cash dividend. Almost 1 Billion new shares being added to the free float. Let's hope there is sufficient demand to deal with the profit takers. That is if the existing shareholders who will be allocated the bonus shares decide to flood the market If even 1% of the new free float comes on to the market the share price will probably go below 3 bob judging by the volumes traded since it went ex bonus. Mark 12:29
Deuteronomy 4:16
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Rank: Member Joined: 5/2/2018 Posts: 267
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guru267 wrote:Ericsson wrote:guru267 wrote:Superprime1 wrote:Ebenyo wrote:when will the bonus shares be credited to CDSC accounts? It should be on or about July 26, 2019, just as the cash dividend. Almost 1 Billion new shares being added to the free float. Let's hope there is sufficient demand to deal with the profit takers. That is if the existing shareholders who will be allocated the bonus shares decide to flood the market If even 1% of the new free float comes on to the market the share price will probably go below 3 bob judging by the volumes traded since it went ex bonus. The key here is to be liquid now and buy low. Same guys selling will be scrambling to get back in less than a year from now. Let it rain, and flood, with the new shares!
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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guru267 wrote:Ericsson wrote:guru267 wrote:Superprime1 wrote:Ebenyo wrote:when will the bonus shares be credited to CDSC accounts? It should be on or about July 26, 2019, just as the cash dividend. Almost 1 Billion new shares being added to the free float. Let's hope there is sufficient demand to deal with the profit takers. That is if the existing shareholders who will be allocated the bonus shares decide to flood the market If even 1% of the new free float comes on to the market the share price will probably go below 3 bob judging by the volumes traded since it went ex bonus.  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Superprime1 wrote:guru267 wrote:Ericsson wrote:guru267 wrote:Superprime1 wrote:Ebenyo wrote:when will the bonus shares be credited to CDSC accounts? It should be on or about July 26, 2019, just as the cash dividend. Almost 1 Billion new shares being added to the free float. Let's hope there is sufficient demand to deal with the profit takers. That is if the existing shareholders who will be allocated the bonus shares decide to flood the market If even 1% of the new free float comes on to the market the share price will probably go below 3 bob judging by the volumes traded since it went ex bonus. The key here is to be liquid now and buy low. Same guys selling will be scrambling to get back in less than a year from now. Let it rain, and flood, with the new shares! Wanjiku will sell, smart money will buy. KQ with negative equity trades at a higher price than Kenya Re with NAV of 9-10 ex-bonus. Absolute madness. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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sparkly wrote:Superprime1 wrote:guru267 wrote:Ericsson wrote:guru267 wrote:Superprime1 wrote:Ebenyo wrote:when will the bonus shares be credited to CDSC accounts? It should be on or about July 26, 2019, just as the cash dividend. Almost 1 Billion new shares being added to the free float. Let's hope there is sufficient demand to deal with the profit takers. That is if the existing shareholders who will be allocated the bonus shares decide to flood the market If even 1% of the new free float comes on to the market the share price will probably go below 3 bob judging by the volumes traded since it went ex bonus. The key here is to be liquid now and buy low. Same guys selling will be scrambling to get back in less than a year from now. Let it rain, and flood, with the new shares! Wanjiku will sell, smart money will buy. KQ with negative equity trades at a higher price than Kenya Re with NAV of 9-10 ex-bonus. Absolute madness. Closed at KES 3.65.. KES 0.80 away from the sweet spot..
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 7/22/2009 Posts: 7,455
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Superprime1 wrote:guru267 wrote:Ericsson wrote:guru267 wrote:Superprime1 wrote:Ebenyo wrote:when will the bonus shares be credited to CDSC accounts? It should be on or about July 26, 2019, just as the cash dividend. Almost 1 Billion new shares being added to the free float. Let's hope there is sufficient demand to deal with the profit takers. That is if the existing shareholders who will be allocated the bonus shares decide to flood the market If even 1% of the new free float comes on to the market the share price will probably go below 3 bob judging by the volumes traded since it went ex bonus. The key here is to be liquid now and buy low. Same guys selling will be scrambling to get back in less than a year from now. Let it rain, and flood, with the new shares! We can't wait!!! Binadamu ni kufaana. If someone wants to exit, we should be nice enough to make his/her dream come true. If and when they want to come back in though, I am not sure we will be that nice. To quote Warren Buffet, our preferred holding time is forever!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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MaichBlack wrote:Superprime1 wrote:guru267 wrote:Ericsson wrote:guru267 wrote:Superprime1 wrote:Ebenyo wrote:when will the bonus shares be credited to CDSC accounts? It should be on or about July 26, 2019, just as the cash dividend. Almost 1 Billion new shares being added to the free float. Let's hope there is sufficient demand to deal with the profit takers. That is if the existing shareholders who will be allocated the bonus shares decide to flood the market If even 1% of the new free float comes on to the market the share price will probably go below 3 bob judging by the volumes traded since it went ex bonus. The key here is to be liquid now and buy low. Same guys selling will be scrambling to get back in less than a year from now. Let it rain, and flood, with the new shares! We can't wait!!! Binadamu ni kufaana. If someone wants to exit, we should be nice enough to make his/her dream come true. If and when they want to come back in though, I am not sure we will be that nice. To quote Warren Buffet, our preferred holding time is forever!!! I see Wabiria wa KK wako KenRe pia! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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obiero wrote:sparkly wrote:Superprime1 wrote:guru267 wrote:Ericsson wrote:guru267 wrote:Superprime1 wrote:Ebenyo wrote:when will the bonus shares be credited to CDSC accounts? It should be on or about July 26, 2019, just as the cash dividend. Almost 1 Billion new shares being added to the free float. Let's hope there is sufficient demand to deal with the profit takers. That is if the existing shareholders who will be allocated the bonus shares decide to flood the market If even 1% of the new free float comes on to the market the share price will probably go below 3 bob judging by the volumes traded since it went ex bonus. The key here is to be liquid now and buy low. Same guys selling will be scrambling to get back in less than a year from now. Let it rain, and flood, with the new shares! Wanjiku will sell, smart money will buy. KQ with negative equity trades at a higher price than Kenya Re with NAV of 9-10 ex-bonus. Absolute madness. Closed at KES 3.65.. KES 0.80 away from the sweet spot.. ksh.4 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Ericsson wrote:obiero wrote:sparkly wrote:Superprime1 wrote:guru267 wrote:Ericsson wrote:guru267 wrote:Superprime1 wrote:Ebenyo wrote:when will the bonus shares be credited to CDSC accounts? It should be on or about July 26, 2019, just as the cash dividend. Almost 1 Billion new shares being added to the free float. Let's hope there is sufficient demand to deal with the profit takers. That is if the existing shareholders who will be allocated the bonus shares decide to flood the market If even 1% of the new free float comes on to the market the share price will probably go below 3 bob judging by the volumes traded since it went ex bonus. The key here is to be liquid now and buy low. Same guys selling will be scrambling to get back in less than a year from now. Let it rain, and flood, with the new shares! Wanjiku will sell, smart money will buy. KQ with negative equity trades at a higher price than Kenya Re with NAV of 9-10 ex-bonus. Absolute madness. Closed at KES 3.65.. KES 0.80 away from the sweet spot.. ksh.4 Strong juju
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Second best performing counter in portfolio YTD.Double digit appreciation. Journey to ksh.5 And more business as Ethiopia 🇪🇹 opens up Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Ericsson wrote:Second best performing counter in portfolio YTD.Double digit appreciation.
Journey to ksh.5
And more business as Ethiopia 🇪🇹 opens up With other options in your portfolio,let it reflect in your financial circle.This is what I did; I didn't touch both my dividends and bond interest last year.I pooled them into one bank account,and beginning this year,I make one withdrawal on 1st of every month.I intend to continue like that until it fully fund my monthly budget for all my life and my next of kin. Towards the goal of financial freedom
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Share price now playing between 3.90-4.00 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Ericsson wrote:Share price now playing between 3.90-4.00 I am very disappointed in KenRe's share price. I was looking forward to 3/- given the negativity some people were pushing  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Let's wait for the bonus shares to flood the mkt.But it will not go below 3.And when half year results are announced,it will go up to 4.50 Towards the goal of financial freedom
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Ebenyo wrote:Let's wait for the bonus shares to flood the mkt.But it will not go below 3.And when half year results are announced,it will go up to 4.50 NSSF holds 3.1% stake in the counter Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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