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stocksmaster		#91 Posted : Saturday, April 30, 2011 12:21:59 PM
Rank: Member Joined: 9/26/2006 Posts: 463 Location: CENTRAL PROVINCE		END OF FOUR MONTHS REPORT Opening Position as at 1st January 2011: Cash + Net Share Value = Ksh 1,107,078 As at End of April 2011: Value of Shareholding: 4200 DTBK @ Ksh 144 = Ksh 604,800...........A 45,000 KenolKobil @ 9.95 = Ksh 447,750......B Gross Value of Shareholding(A+B)= Ksh 1,052,550 Less 1.82% Transaction fee on disposal = Ksh 19,156 Net Value of Shareholding=Ksh 1,033,394...........C Cash in Hand after Last Transaction =Ksh 105,186..D Total Value of Shareholding + Cash (C+D)as at End of April 2011 = Ksh 1138580 Net Gain in Value for the four months =Ksh 1,138,580 - Ksh 1,107,078 = Ksh 31,502 % Change in Value = + 2.85% Expected Short term gains within the next 2 Months: 1. Cash Dividends from KenolKobil: Ksh 0.52 X 45,000 X 0.95 = Ksh 22,230 2. Cash Dividends from DTBK: Ksh 1.60 X 4,200 X 0.95 = Ksh 6,384 3. Bonus Shares from DTBK: @ 1:5 = 840 DTBK Shares COMMENTARY The first four months of 2011 have seen the NSE 20 share index go down by 9.1% (Compared with my marginal gain of 2.85%). The market seems to have found some base at the 4,000 NSE level. It will be interesting to see which direction wether North or South it follows from here. With 1st Quarter results starting to trickle in, positive bank results may tilt the push Northwards. My current share portfolio has preserved my capital well but i will soon be reassessing it to capitalise on any emerging opportunities and/or utilising the cash available. Happy hunting. x handle: @stocksmaster79
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bartum		#92 Posted : Saturday, April 30, 2011 12:36:17 PM
Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi		i wish to know price you will dispose DTB.
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youcan'tstopusnow		#93 Posted : Saturday, April 30, 2011 1:17:28 PM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		Still beating the market I see... GOD BLESS YOUR LIFE
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Impunity		#94 Posted : Saturday, April 30, 2011 3:00:51 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		stocksmaster wrote: END OF FOUR MONTHS REPORT Opening Position as at 1st January 2011: Cash + Net Share Value = Ksh 1,107,078 As at End of April 2011: Value of Shareholding: 4200 DTBK @ Ksh 144 = Ksh 604,800...........A 45,000 KenolKobil @ 9.95 = Ksh 447,750......B Gross Value of Shareholding(A+B)= Ksh 1,052,550 Less 1.82% Transaction fee on disposal = Ksh 19,156 Net Value of Shareholding=Ksh 1,033,394...........C Cash in Hand after Last Transaction =Ksh 105,186..D Total Value of Shareholding + Cash (C+D)as at End of April 2011 = Ksh 1138580 Net Gain in Value for the four months =Ksh 1,138,580 - Ksh 1,107,078 = Ksh 31,502 % Change in Value = + 2.85% Expected Short term gains within the next 2 Months: 1. Cash Dividends from KenolKobil: Ksh 0.52 X 45,000 X 0.95 = Ksh 22,230 2. Cash Dividends from DTBK: Ksh 1.60 X 4,200 X 0.95 = Ksh 6,384 3. Bonus Shares from DTBK: @ 1:5 = 840 DTBK Shares COMMENTARY The first four months of 2011 have seen the NSE 20 share index go down by 9.1% (Compared with my marginal gain of 2.85%). The market seems to have found some base at the 4,000 NSE level. It will be interesting to see which direction wether North or South it follows from here. With 1st Quarter results starting to trickle in, positive bank results may tilt the push Northwards. My current share portfolio has preserved my capital well but i will soon be reassessing it to capitalise on any emerging opportunities and/or utilising the cash available. Happy hunting. I thought withholding tax is 15% and not 5% as indicated in your calculations above? Ama kuna wengine special! Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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QW25071985		#95 Posted : Saturday, April 30, 2011 3:41:27 PM
Rank: Veteran Joined: 3/25/2011 Posts: 946		Impunity wrote: stocksmaster wrote: END OF FOUR MONTHS REPORT Opening Position as at 1st January 2011: Cash + Net Share Value = Ksh 1,107,078 As at End of April 2011: Value of Shareholding: 4200 DTBK @ Ksh 144 = Ksh 604,800...........A 45,000 KenolKobil @ 9.95 = Ksh 447,750......B Gross Value of Shareholding(A+B)= Ksh 1,052,550 Less 1.82% Transaction fee on disposal = Ksh 19,156 Net Value of Shareholding=Ksh 1,033,394...........C Cash in Hand after Last Transaction =Ksh 105,186..D Total Value of Shareholding + Cash (C+D)as at End of April 2011 = Ksh 1138580 Net Gain in Value for the four months =Ksh 1,138,580 - Ksh 1,107,078 = Ksh 31,502 % Change in Value = + 2.85% Expected Short term gains within the next 2 Months: 1. Cash Dividends from KenolKobil: Ksh 0.52 X 45,000 X 0.95 = Ksh 22,230 2. Cash Dividends from DTBK: Ksh 1.60 X 4,200 X 0.95 = Ksh 6,384 3. Bonus Shares from DTBK: @ 1:5 = 840 DTBK Shares COMMENTARY The first four months of 2011 have seen the NSE 20 share index go down by 9.1% (Compared with my marginal gain of 2.85%). The market seems to have found some base at the 4,000 NSE level. It will be interesting to see which direction wether North or South it follows from here. With 1st Quarter results starting to trickle in, positive bank results may tilt the push Northwards. My current share portfolio has preserved my capital well but i will soon be reassessing it to capitalise on any emerging opportunities and/or utilising the cash available. Happy hunting. I thought withholding tax is 15% and not 5% as indicated in your calculations above? Ama kuna wengine special! what difference does it make .this guy is still above water in this bear market. good work @stockmaster.once we come out of this market slump we you'll be in more profit.
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jawz1		#96 Posted : Saturday, April 30, 2011 3:44:19 PM
Rank: Member Joined: 8/4/2008 Posts: 205 Location: Nairobi		Impunity wrote: I thought withholding tax is 15% and not 5% as indicated in your calculations above? Ama kuna wengine special! @Impunity, I believe that dividend withholding tax is 5% as calculated by stocksmaster. Hakuna special treatment going on, hakuna! "When the pupil is ready to learn, a teacher will appear." -- Zen proverb
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Gordon Gekko		#97 Posted : Saturday, April 30, 2011 4:14:02 PM
Rank: Elder Joined: 5/27/2008 Posts: 3,760		Impunity wrote: I thought withholding tax is 15% and not 5% as indicated in your calculations above? Ama kuna wengine special! Withholding tax on dividends is 15% - if you are a non-resident, which maybe @impunity is. It is 5% for mortal residents like me. With holding taxes on interest however is 15% for residents, I think it is 20% for non-residents.
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jawz1		#98 Posted : Saturday, April 30, 2011 4:19:46 PM
Rank: Member Joined: 8/4/2008 Posts: 205 Location: Nairobi		Gordon Gekko wrote: Impunity wrote: I thought withholding tax is 15% and not 5% as indicated in your calculations above? Ama kuna wengine special! Withholding tax on dividends is 15% - if you are a non-resident, which maybe @impunity is. It is 5% for mortal residents like me. With holding taxes on interest however is 15% for residents, I think it is 20% for non-residents. I revise my statement in view of the new evidence; maybe Impunity as a non-resident is being unfairly targeted with 15%. Haki yetu!!! "When the pupil is ready to learn, a teacher will appear." -- Zen proverb
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jerry		#99 Posted : Saturday, April 30, 2011 5:05:02 PM
Rank: Elder Joined: 9/29/2006 Posts: 2,570		jawz1 wrote: Gordon Gekko wrote: Impunity wrote: I thought withholding tax is 15% and not 5% as indicated in your calculations above? Ama kuna wengine special! Withholding tax on dividends is 15% - if you are a non-resident, which maybe @impunity is. It is 5% for mortal residents like me. With holding taxes on interest however is 15% for residents, I think it is 20% for non-residents. I revise my statement in view of the new evidence; maybe Impunity as a non-resident is being unfairly targeted with 15%. Haki yetu!!! =>"withholding taxes on interest however is 15% for residents,...". I think for SACCOs it's still 5% or lower. Remember SACCOs pay dividends on shares and interest on deposits. The opposite of courage is not cowardice, it's conformity.
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gatoho		#100 Posted : Saturday, April 30, 2011 9:32:26 PM
Rank: Member Joined: 1/1/2010 Posts: 518 Location: kandara, Murang'a		jerry wrote: jawz1 wrote: Gordon Gekko wrote: Impunity wrote: I thought withholding tax is 15% and not 5% as indicated in your calculations above? Ama kuna wengine special! Withholding tax on dividends is 15% - if you are a non-resident, which maybe @impunity is. It is 5% for mortal residents like me. With holding taxes on interest however is 15% for residents, I think it is 20% for non-residents. I revise my statement in view of the new evidence; maybe Impunity as a non-resident is being unfairly targeted with 15%. Haki yetu!!! =>"withholding taxes on interest however is 15% for residents,...". I think for SACCOs it's still 5% or lower. Remember SACCOs pay dividends on shares and interest on deposits. Its 5% just look at any of your Dividend cheques Foresight..
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