kamaug wrote:Surealligator wrote:Muthawamunene wrote:give us a link guyz.
@Muthawamunene
Check it out here
http://www.nse.co.ke/new...results%20FY%202010.pdf
Stock Market Wisdom dictates that if a company has given you a dividend over market price of 2.76%, you dump the shares like yesterday.
But if you have peculiar habits, you can wait for the 80 cents dividend.
Equity's EPS of 2.04 is not impressive compared to KCB.
KCB is even better as it is giving a higher div at 1.25 but the price is still at 23. Hallo?
If you can't dump your Equity today, wait for it to fall again tomorrow before you do so or hold your peace.
.. some one kindly explain this logic to me... i dont quite get it. if there is dividend paid out, the share price drops why? keep it simple
@Kamaug
If you give me 100 bob as a deal in Jan 1st, 2010 at an interest of 10%, I would pay you the ten bob at the end of the yr, Dec 31st if I intend to continue borrowing the same indefinitely.
However, if you sell the deal to a third party on Dec 30, 2010 you would expect 110 from him. If it is the next day after Dec 31,2010 you can sell the deal to a third party at 100 because you already pocketed ten bob and the third party has to wait another year before receiving interest the yrs interest.
It follows that if the third party sells the deal halfway through the year, it would cost 105 holding everything else constant.
However, if political temperatures are rising, you can sell the deal at 70 bob cauze nobody wants to get into deals in uncertain business climate.
@VVS
I meant Adan Moha.
After exhaustively arguing the case, we came to realize that European executives working in Kenya usually have minimal preference of employing ppl based on nepotism and tribalism. In other words, professionals get employed. Thus, the company works well.
That is why Walias in various senior positions perform better as they are yet to get tainted with the kinsman syndrome. ie., iiec etc
Walias for president.
African Kenyans usually get their own kin into the company and when Peter's Principle settles in, the company ends up worse.
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own