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BBK reports record profits FY 2010 results

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K22		#11 Posted : Tuesday, February 22, 2011 10:49:43 AM
Rank: Member Joined: 9/12/2008 Posts: 436 Location: illobi		kazikwisha wrote: bbk has some awesome results any idea when coop nic dbk nbk and stan chart announce any one with exact dates will be of great use StanChart should announce on 2nd Mar - (unconfirmed) A successful man is one who makes more money than his wife can spend. A successful woman is one who can find such a man
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dave.kim		#12 Posted : Tuesday, February 22, 2011 11:05:37 AM
Rank: Member Joined: 6/25/2010 Posts: 176		i had not invested on the share but i want in on the split and dividend.any suggestions on what time would be best to jump from now? Rule No.1 is never lose money. Rule No.2 is never forget rule number one
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The Merchant		#13 Posted : Tuesday, February 22, 2011 11:14:12 AM
Rank: Veteran Joined: 5/24/2010 Posts: 846 Location: KENYA		dave.kim wrote: i had not invested on the share but i want in on the split and dividend.any suggestions on what time would be best to jump from now? Like yesterday. If you buy at 69 yoyur average price after the split will be 55 bob.
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shauriyako		#14 Posted : Tuesday, February 22, 2011 11:14:13 AM
Rank: New-farer Joined: 6/17/2010 Posts: 71 Location: Kenya		Pheeew!!! Did not see this one coming. If BBK did this well, should we not anticipate even great reports from the "favourites" in the industry? Assuming investors see this as an indication of the expected reports from financials, should we not start seeing pple loading up on these other counters going forward? I am thinking DTB, KCB, Coop, Equity, NIC, HFCK ..... When we wake up in the morning, we have two simple choices. Go back to sleep and dream, or wake up and chase those dreams. The choice is yours! .
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Cde Monomotapa		#15 Posted : Tuesday, February 22, 2011 11:14:25 AM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		Congrats to all BBK holders pre-announcement. 2ndly, i am pleased the NSE has rewarded good results. Ji-enjoy!
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Njung'e		#16 Posted : Tuesday, February 22, 2011 11:14:42 AM
Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi		Some years back,a jinga broker at the then DSL bought me a chunk of BBK whereas my order was for ARM.....I should look for the idiot and by him a drink. Nothing great was ever achieved without enthusiasm.
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VituVingiSana		#17 Posted : Tuesday, February 22, 2011 11:56:14 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,353 Location: Nairobi		Njung'e wrote: Some years back,a jinga broker at the then DSL bought me a chunk of BBK whereas my order was for ARM.....I should look for the idiot and by him a drink. Actually... depends on the price ARM was at the time! ARM was at its lowest 3/-... today 60x that! Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Njung'e		#18 Posted : Tuesday, February 22, 2011 12:14:16 PM
Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi		@VVs, It's not long ago....ARM was going for 106 while BBK was selling at 72.I remember going ballistic when the guy messed up the order.......ARM moved to the skies but if BBK split comes,i'll be mbele kama mfuko wa shati....ama? Nothing great was ever achieved without enthusiasm.
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VituVingiSana		#19 Posted : Tuesday, February 22, 2011 12:19:49 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,353 Location: Nairobi		Njung'e wrote: @VVs, It's not long ago....ARM was going for 106 while BBK was selling at 72.I remember going ballistic when the guy messed up the order.......ARM moved to the skies but if BBK split comes,i'll be mbele kama mfuko wa shati....ama? mfuko wa shati??? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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vestor		#20 Posted : Tuesday, February 22, 2011 12:34:00 PM
Rank: Member Joined: 11/9/2010 Posts: 132		Like yesterday. If you buy at 69 yoyur average price after the split will be 55 bob. [/quote] Please help me with the maths above, how does a split lower your average purchase price.Or are you confusing it with a bonus?
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