wazua Sun, Dec 1, 2024
Welcome Guest Search | Active Topics | Log In | Register

safcom shares dividend
Options
Previous Topic · Next Topic
kamaumash
#1 Posted : Wednesday, August 19, 2009 8:47:00 AM
Rank: Member


Joined: 7/7/2008
Posts: 49
i want to sell my safcom shares tomrow,now that the price is moving down,wondering if i wil still be entitled to dividend.

invest slowly on a monthly basis dont wait till ati u get millions
Back to top
 Report Abusive | Report SPAM
sokomjinga
#2 Posted : Wednesday, August 19, 2009 8:58:00 AM
Rank: Member


Joined: 4/5/2008
Posts: 183
....... Safaricom ltd ann'ced a first & final dividend of shs 0.10 on 21-May-2009. Books Closure 19-Aug-2009. Payment date 12-Nov-2009

All beginnings are difficult ..... ..... everything has an end,only a sausage has two.
Taunet Neelel ..... New Beginning .....
Back to top
 Report Abusive | Report SPAM
kamaumash
#3 Posted : Wednesday, August 19, 2009 9:14:00 AM
Rank: Member


Joined: 7/7/2008
Posts: 49
meaning if i sell tomrow 20th i wil be in there books.

invest slowly on a monthly basis dont wait till ati u get millions
Back to top
 Report Abusive | Report SPAM
Kamaa
#4 Posted : Wednesday, August 19, 2009 9:20:00 AM
Rank: Veteran


Joined: 10/6/2007
Posts: 1,177
Location: Nairobi - Kenya
my fellow kamau...

what do you understand by book closure?

you've heard me..
When you hear what I say, you will not understand. When you see what I do, you will not comprehend
Back to top
 Report Abusive | Report SPAM
kamaumash
#5 Posted : Wednesday, August 19, 2009 9:52:00 AM
Rank: Member


Joined: 7/7/2008
Posts: 49
i quess name of pple appearing on their register by the end of today 19 are the ones to be entitled to dividend.ukweli


invest slowly on a monthly basis dont wait till ati u get millions
Back to top
 Report Abusive | Report SPAM
underweight
#6 Posted : Wednesday, August 19, 2009 3:54:00 PM
Rank: Member


Joined: 1/25/2009
Posts: 184
Location: For now El-Fashier - Darfur
@kamaumash...yes you will be entitled to the 10 cent but be ready for a surprise coz your order might take ages before its executed. Possibly at Kshs 3.00

A fool and his money are soon a big party
"A bad decision made now is beta that a good one made later!!"
Back to top
WWW
 Report Abusive | Report SPAM
cxz
#7 Posted : Wednesday, August 19, 2009 6:43:00 PM
Rank: Member


Joined: 2/5/2007
Posts: 126
@kamaumash,do not sell,and i repeat,DO NOT SELL your safaricom shares. Its price will improve due to the suggestion by the board of directors for a reverse split. Wait till they announce the details of the reverse split,probably in november

'A stone is heavy,and the sand weighty; but a fool's wrath is heavier than them both.' (Proverbs 27:3).
Back to top
 Report Abusive | Report SPAM
PATTIE
#8 Posted : Wednesday, August 19, 2009 6:50:00 PM
Rank: Member


Joined: 1/20/2009
Posts: 73
@cxz

hey,you mean we should expect reverse 'split' as you put it- probably consolidation? when was this announced and what is the advantage whereas others are splitting eg. EB?



@ngums : God always sees you hata ukifunga macho
Back to top
 Report Abusive | Report SPAM
cxz
#9 Posted : Wednesday, August 19, 2009 9:12:00 PM
Rank: Member


Joined: 2/5/2007
Posts: 126
It was on 9pm tv news yesterday (wednesday). Mj said the board is discussing a share consolidation,probably 1 for 10. The board will come up with a decision by end of the year. My guess is that the decision will be announced in november when they are announcing the half year results. The advantage is the reduction in the supply of number of shares that trade everyday...demand vs supply

'A stone is heavy,and the sand weighty; but a fool's wrath is heavier than them both.' (Proverbs 27:3).
Back to top
 Report Abusive | Report SPAM
Moshiwan
#10 Posted : Wednesday, August 19, 2009 10:17:00 PM
Rank: Member


Joined: 6/25/2009
Posts: 42
Expert opinion needed!!!my shares r rottin there.will this translate into the price rising and at what projecred timeline?
Back to top
 Report Abusive | Report SPAM
extrablessed
#11 Posted : Thursday, August 20, 2009 5:26:00 AM
Rank: Member


Joined: 7/28/2007
Posts: 290
Location: Nairobi
Assuming a consolidation (reverse split) of 1:10 when the price is 3/=,you would expect the price to go to 30/= ceteris paribus. However,just as a share split gives the price a downward momentum,a share consolidation will tend to give the stock price an upward momentum of 5-10% above the theoretical price.





Life is worth living cos God planned it to be so.
Back to top
 Report Abusive | Report SPAM
Kaimbaga
#12 Posted : Thursday, August 20, 2009 5:43:00 AM
Rank: Member


Joined: 7/3/2009
Posts: 14
@Underweight,
What do you mean that the order will take forever to be executed. I think safcom is
trading good volumes any single day and i dont see a problem executing the order.
Fafanua please

Be the change you want to see
Back to top
 Report Abusive | Report SPAM
kamaumash
#13 Posted : Thursday, August 20, 2009 10:33:00 AM
Rank: Member


Joined: 7/7/2008
Posts: 49
he said 'we wil be making all efforts to consolidate the shares possibly before the next AGM meeting' which will be next yr 2010 August,so before then i will have sold my shares and and bought more at a reduced price

invest slowly on a monthly basis dont wait till ati u get millions
Back to top
 Report Abusive | Report SPAM
kamaumash
#14 Posted : Thursday, August 20, 2009 11:36:00 AM
Rank: Member


Joined: 7/7/2008
Posts: 49
Consolidation,will then mean less shares but with a high value.

invest slowly on a monthly basis dont wait till ati u get millions
Back to top
 Report Abusive | Report SPAM
Modoh
#15 Posted : Friday, August 21, 2009 5:42:00 AM
Rank: Member


Joined: 12/9/2008
Posts: 43
@ kamaa,wud u mind wid example hw da dates mean i.e if u sell or buy afta/b4 div announcment,book closure n payment date?that info has been escaping me for smtym.kindly assist

GRAVITY,IT'S NOT JUST THE LAW,IT,S THE REALITY !!!!!!!
Msafara wa mamba burukenge hawakosi![/b]
Back to top
 Report Abusive | Report SPAM
Modoh
#16 Posted : Friday, August 21, 2009 5:43:00 AM
Rank: Member


Joined: 12/9/2008
Posts: 43
@ kamaa,wud u mind wid example hw da dates mean i.e if u sell or buy afta/b4 div announcment,book closure n payment date?that info has been escaping me for smtym.kindly assist

GRAVITY,IT'S NOT JUST THE LAW,IT,S THE REALITY !!!!!!!
Msafara wa mamba burukenge hawakosi![/b]
Back to top
 Report Abusive | Report SPAM
Gunner
#17 Posted : Saturday, August 22, 2009 12:14:00 PM
Rank: Member


Joined: 8/22/2009
Posts: 2
It would be good to consolidate Safcom shares,at least people maybe interested coz of the better dividends.

Gunner
Back to top
 Report Abusive | Report SPAM
mwanafunzi
#18 Posted : Saturday, August 22, 2009 2:28:00 PM
Rank: Member


Joined: 12/3/2008
Posts: 113
Hey let me show you how i make my money...buy shares when they announce a realistic dividend,a good div will attract many investors hence demand leading to an upward movement in price..by selling the shares just a few days to the books closure date you will get some good returns say 10-30% profit which is better than waiting for the div

hold tight to your chutes we are about to dive
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (3)
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2024 Wazua.co.ke. All Rights Reserved.