VituVingiSana wrote:Gordon Gekko wrote:Bonuses finance a company to the extent that they keep cash that would otherwise have been distributed as dividends
wacha ku-con watu
Firms are under NO obligation to distribute dividends. Many firms [esp growth oriented] retain most of the earnings...
VVS..true.. However..to finance expansion..what alternatives does DTK have?..debt/rights issue or bonus..with the latter being most convenient..
Rights /issue of new shares is tedious and expensive let alone time required for it and so far no indication of it yet..
Debt financing..whatever form works against equity value..so..not necessarily good..though understandable if DTK can show value for money on this one..
capitalizing the revenue reserves..through bonus issue..and at no additional cost to DTK gives them a much simpler less tedious access to much needed funds.(
sic)
@QW.. my sentiments on
DTK are well known..and documented on this thread and others...
even
if i chose ..ignorantly..to get off DTK now.. with an average price of 106.00..on 5400 shares..at 149.00 today..my return is enough..for me..
feels good being castigated for being cautious..
which is far better than what i could have cumulatively returned had i followed your
BUY!!BUY!!BUY!!BUY!! counters over the same period..Access..haijafika 16 yet,eveready,Centum..which bado haijafika the 25 you projected 4 months ago..
if i'm ignorant..what does it make you? just saying..
@ALL..apologies for degrading myself so low to argue with qw on such a fine thread!!
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version