Ok. there are no hard and fast rules about this. But splitting 4:1 a an nse share trading at 60, is a bit suspicious given history, unless barclays wants to create a new trend of what is "right" absolute price and "affordable"??. By the way what did they say is reason for splitting?

There is nothing to write home about..its all smoke and mirrors..I can bet the share will not cross 70..if anything it could fall back to lower 60s..the one off profit has to b factored in any analysis.I must say since the share did the previous split the fortunes for the bank have bn all downhill.
Maybe its time for a change of management..clearly the bank requires fresh ideas
10% growth is not acceptable....
If I were a shareholder results for the 1st Qtr 2011 would b a great determinant if the current management should be given more time..
Anything less than 25% growth on the bottomline should not b tolerated..

Dont bash for no reason after all most of you own Coop and Equity...to me the results were outstanding...and they will do well this year...NB:i'm not a shareholder.

BBK has released its financial report stating profits went up 51 percent.
Final dividend 4.70
Split of 4:1


Am in a small debate of the split 4:1
someone says its a split of 4 shares for every single share held i.e if you have 12 then you get (12*4)=48 your total holding comes to (48+12)=60.

Another says its a split for every 4 shares you have you will get 1 i.e if you have 12 then you will get(12/4)=3 your total holding comes to (3+12)=15

whats your take?

@Jamani.....you will end up with 60shares.However,the new price will be around 17sh (70sh/4).