elsewhere i've seen it reffered to as a share consolidation.thanks.

The old man is just finally accepting that technology stocks have a huge impact! Though I think he bought IBM a bit high, but he's the Oracle
Yeah the terms in Kenya are diferent from elsewhere which can be kinda confusing
I just wish this reverse split would have waited a couple of months, but its all good.

Most tech stocks are on the NASDAQ and they are usually young up and coming companies. Buffett's apprehension was because with a young company, he could not crunch the numbers and do his analysis unlike with bluechips. But IBM has been here long enough now and is definitely not going anywhere, same with Intel. He just would not be willing to buy virgin companies like Groupon for example.
How did the reverse split in ZSE turn out? I just dont want to be left with lemons though I doubt it coz MGI is universal and expanding aggresively. Whats convectional split? I thought there's a guy who suggested that Safcom should do a reverse split and you guys talked him down, in my opinion reverse splits are good for the shareholders, Im assuming the dividend will have to be upped and the higher price will attract new investors driving the share price even higher.

Buffett should stop playing and buy KK. The whole of it

Yeah you are right, it was a 1:10 split so effectively my shares have been reduced by a factor of 10 not sure I like this plus I have been reading on it and supposedly they say that such a split is usually a sign of bad times ahead!! But I doubt it coz the company is expanding aggressively, and CITI did the same type of split earlier this year and their share is holding out at that level. You shouldnt be so cynical about it sweetheart, an illusion of a good EPS and DPS will attract new investors and I bet in a year, this new price will have doubled OK now I understand what you meant by conventional split

@Nabwire....I hope you're making money off the NY stock exchange, my curiosity is, are you undergra or grad and if you're undergra, when are you graduating?

@Nabwire.... I will definately not go to anyone's graduation, I even missed my graduation ceremony( not a joke), I don't date Kenyans or anyone online or anyone more than 20 minutes drive or anyone who would want to get married or anyone who make less that $60K a year so my questions has nothing to do with intimate liking, but I admire some intelligence in you and I hope you won't be like so many smart Kenyans here in US who never made beyond being educated.... About the pesa that I never gave you, of course people don't give money any howly but I have a few investments you might be interested in

if you graduated and don't get a job, look for drunkard

I may be wrong but his portofolio shows his Energy stocks are less than 3%, na Petro China ni gani? Dont see it there??? That doesnt mean KK is bad, I was just saying he probably would not buy it

http://warren-buffett-portfolio.com/

But this might be an old portofolio coz its showing that he sold off BAC!!