I jumped off matatu style at 21 with a cool 45percent profit. Waiting to jump back in when guys start offloading the bonus shares at 17 bob

Failing to pay a dividend is a crime in my investing career. It is a sign that the foregone opportunity was wasted.

The value of money changes with time. A shilling given now is worth more than a shilling given a couple of months later.

In business, you pay yourself first before paying others. That is what business is alll about. A bonus is not a payment unless its like the coffee bonus. A bonus in stockarage parlance is a veiled attempt of denying shareholders their dues in the name of retained profits.

The business of business is paying the owner in the earliest opportune time.

Bought Centum at 12.80 and sold all at 20.50. Will not be back till november.

@Verymanythings

In any phenomena, there are exceptional cases. WB has no school fees issues, actually he has more than he will ever require in his life time. By the time am his age, the dividend is a must policy will change. I need dividends now and if I don't get the same, I sell the share to raise what the dividend would have given plus a little more za kujivinjali.

Scubidu- without getting OTT about it, Centum is an Equity in the making. Diluting its KCB holding by half is something that is overdue and I'm hoping its gets out KCB altogether. It also mean it can take up the rights without much ado.

Alligator-v unlike you. Centum needed to preserve the cash because it actually has a strategic plan. What they invited you to do at the results presentation is to buy into the dream of a Centum group that could potentially triple your returns by 2014.

If you want school fees cash, weka kwa BAT or Total like vvs.

@surealligator just a small correction about the bonus shares and shareholders dues....

lets say you got 1000 shares at 12.80 so now you would have 1100 shares thanx to the bonus you can sell the 100 bonus shares since you want cash @21bob which will give a 16% return...

For example NIC, NMG, JHL, that all gave 1:10 bonus shares to shareholders try looking at their prices cum bonus and their prices ex bonus and you'll see that you can make money if you dont want the bonus shares by selling them ex bonus and still being able to keep your value