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Equity Bank unveils its MVNO strategy
littledove
#641 Posted : Friday, January 30, 2015 9:14:41 AM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
maka wrote:
Quick one guys if I bought 4000 equity shares in 2004 how much are they worth now?

according to the data i have the shares are now worth ksh 2,120,000
buying price in 2004 was ksh 280,000 (4000 *70)

The value of the share in 2004 was ksh 70.
The share was listed by introduction in 2006 at ksh 90.
In february 2009 there was a split of 1:10, meaning the 4000 shares are now 40,000 shares.
At the current price 0f ksh 53 the shares are worth ksh 2,120,000.

note
i have assumed no split or bonus in between 2004 and 2006
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
Impunity
#642 Posted : Friday, January 30, 2015 10:38:40 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
littledove wrote:
maka wrote:
Quick one guys if I bought 4000 equity shares in 2004 how much are they worth now?

according to the data i have the shares are now worth ksh 2,120,000
buying price in 2004 was ksh 280,000 (4000 *70)

The value of the share in 2004 was ksh 70.
The share was listed by introduction in 2006 at ksh 90.
In february 2009 there was a split of 1:10, meaning the 4000 shares are now 40,000 shares.
At the current price 0f ksh 53 the shares are worth ksh 2,120,000.

note
i have assumed no split or bonus in between 2004 and 2006


WAH!!!!!!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Othelo
#643 Posted : Friday, January 30, 2015 10:41:25 AM
Rank: User

Joined: 1/20/2014
Posts: 3,528
Impunity wrote:
littledove wrote:
maka wrote:
Quick one guys if I bought 4000 equity shares in 2004 how much are they worth now?

according to the data i have the shares are now worth ksh 2,120,000
buying price in 2004 was ksh 280,000 (4000 *70)

The value of the share in 2004 was ksh 70.
The share was listed by introduction in 2006 at ksh 90.
In february 2009 there was a split of 1:10, meaning the 4000 shares are now 40,000 shares.
At the current price 0f ksh 53 the shares are worth ksh 2,120,000.

note
i have assumed no split or bonus in between 2004 and 2006


WAH!!!!!!

There was also some bonus after listing.........
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
VituVingiSana
#644 Posted : Friday, January 30, 2015 11:40:15 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
littledove wrote:
maka wrote:
Quick one guys if I bought 4000 equity shares in 2004 how much are they worth now?

according to the data i have the shares are now worth ksh 2,120,000
buying price in 2004 was ksh 280,000 (4000 *70)

The value of the share in 2004 was ksh 70.
The share was listed by introduction in 2006 at ksh 90.
In february 2009 there was a split of 1:10, meaning the 4000 shares are now 40,000 shares.
At the current price 0f ksh 53 the shares are worth ksh 2,120,000.

note
i have assumed no split or bonus in between 2004 and 2006

And a 2:1 bonus so multiply 40,000 x 3 = 120,000 shares
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
McReggae
#645 Posted : Friday, January 30, 2015 11:51:48 AM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
It seems I will have to keep my Equitell simacrd in some drawer, I better have an orange or aitel sim in that extra phone!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
XSK
#646 Posted : Friday, January 30, 2015 11:58:02 AM
Rank: Veteran

Joined: 12/8/2009
Posts: 975
Location: Nairobi
McReggae wrote:
It seems I will have to keep my Equitell simacrd in some drawer, I better have an orange or aitel sim in that extra phone!!!



McR

What have you seen with your fine tooth comb?
You will know that you have arrived when money and time are not mutually exclusive "events" in you life!
innovator
#647 Posted : Friday, January 30, 2015 12:18:34 PM
Rank: Member

Joined: 7/24/2010
Posts: 239
Location: nairobi
There is too much on the background. This should be visible by march.

Othelo
#648 Posted : Friday, January 30, 2015 12:31:01 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
XSK wrote:
McReggae wrote:
It seems I will have to keep my Equitell simacrd in some drawer, I better have an orange or aitel sim in that extra phone!!!



McR

What have you seen with your fine tooth comb?

Hata huku kuna combs?
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
McReggae
#649 Posted : Friday, January 30, 2015 1:03:51 PM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
Othelo wrote:
XSK wrote:
McReggae wrote:
It seems I will have to keep my Equitell simacrd in some drawer, I better have an orange or aitel sim in that extra phone!!!



McR

What have you seen with your fine tooth comb?

Hata huku kuna combs?


The line is basically useless, no transactions to be carried, just checking account balance like I can do from any other phone, calling with it is as expensive as safcom, without money in the count there is practically no way of loading airtime (do they even sell them)........a waste!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
maka
#650 Posted : Tuesday, February 03, 2015 11:35:40 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
I came across this....

http://gathinga.blogspot...-bank-listing-facts.html
possunt quia posse videntur
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