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safcom shares dividend
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.
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
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
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
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]
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]
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
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
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