correct me if am wrong.centum has less than 700m shares.at kes 1.2 each total divedend is still less than a billion

As someone has already said here, I dont get the economics of Bonus shares making a share price rally....its quite amateurish. If hypothetically, Centum announced a 1:2 or even a 1:10 bonus this share would have shot up (coop comes to mind) so these new shares increase supply but only in Kenya where demand would increase because of a "bonus"

BRK.A has never given a dividend, bonus or a split (with the exception of BRK.B stock but that was for different purposes) I guess it would be a pretty unpopular stock in Kenya.
BRK also measures its performance relative to NAV and pays good bonuses to retain the likes of Ajit Jain.

This company is nimble and agile. Its trading at a NAV and PE discount it should be worth atleast its value in assets.

It is purely psychological. It is hope of the the counter realising a price that is higher than the theoretical post-scrip price.

It is the hope of taking advantage of the irrationality of the market and also of one who comes to the market without doing their homework on the counter that has done a bonus issue.

http://www.businessdaily...7684-h6y6c2z/index.html

The bank laid off 108 out of its total 560 staff at a cost of Sh70 million as a strategy to contain costs under the rate caps regime.
Despite the job cuts, Sidian’s wage bill increased 10 per cent to 374 million in the half-year period.

Repeat