wazua Tue, Mar 24, 2026
Welcome Guest Search | Active Topics | Log In

3 Pages<123>
NBK BONUS
Options
Previous Topic · Next Topic
sss
#11 Posted : Friday, July 30, 2010 3:48:07 PM
Rank: Member

Joined: 9/13/2006
Posts: 15
I received the (bonus) shares certificate by registered post this morning
Back to top
  |
wanyina
#12 Posted : Friday, July 30, 2010 9:38:16 PM
Rank: Member

Joined: 4/1/2008
Posts: 141
Already posted i received mine yesterday.....generous deal though...
Back to top
  |
ProverB
#13 Posted : Saturday, July 31, 2010 3:16:01 PM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
wanyina wrote:
Already posted i received mine yesterday.....generous deal though...

are u sure its a nice deal? Think

ProverB wrote:
Just a thought..previously thot on a different thread..
I have kshs500 in my wallet (i wish i'd have more), plus my ATM card. I'm young..hoping to grow my wealth over time..having an ATM says i have savings that grow over time. If i go and withdraw kshs 200 from the bank, i will have kshs700 in my wallet... Does that make me wealthier?.. Actually i'v diluted my networth by making shs200 of my savings highly liquid..i can spend it now!..plus it's friday.

NBK's bonus issue..does that increase my wealth as an investor?..NOT really Shame on you Shame on you ...they are converting shareholder funds...equivalent to my savings in my bank account, into easily disposable units.. if am a long term investor..they aren't preserving my wealth..just playing my greed. Brick wall



..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
Back to top
WWW
  | | Edit by user: Saturday, July 31, 2010 3:33 PM | Reason: Not specified
jerry
#14 Posted : Saturday, July 31, 2010 7:29:38 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
@proverB, Suppose u were given dividends instead of bonus shares? Which one preserves ur wealth more?
The opposite of courage is not cowardice, it's conformity.
Back to top
  |
sparkly
#15 Posted : Saturday, July 31, 2010 9:04:17 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
@proverb interesting way of looking at it. Looks like you don't trust yourself with liquid cash eh he he
Life is short. Live passionately.
Back to top
  |
guru267
#16 Posted : Saturday, July 31, 2010 9:55:48 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
jerry wrote:
@proverB, Suppose u were given dividends instead of bonus shares? Which one preserves ur wealth more?

I'd take bonus shares over dividends any day... For one they are not taxed, secondly the company uses the retained earnings to grow the biz, thirdly all the growth in the biz with use of retained earnings will lead to growth in the share price hence i will probably sell the bonus shares at a much higher price....
Mark 12:29
Deuteronomy 4:16
Back to top
  |
guru267
#17 Posted : Saturday, July 31, 2010 10:01:23 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
jerry wrote:
@proverB, Suppose u were given dividends instead of bonus shares? Which one preserves ur wealth more?

I choose bonus over dividends any day. One Reason is they are not taxed. And secondly the retained earnings are used to grow the biz
Mark 12:29
Deuteronomy 4:16
Back to top
  |
Gordon Gekko
#18 Posted : Saturday, July 31, 2010 10:13:22 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Actually @guru if you are given a choice of either shares or dividend, it is called a scrip dividend (like the one Standard Group is doing). A scrip dividend is taxed in the usual manner, then the funds are applied to buy shares at a rate determined by directors.
If however the company offers a bonus only, the company will have to pay the taxman something to compensate him for the loss of the withholding tax he would have otherwise earned (this can be waived by the Commish depending on the reasons provided).
Back to top
  |
guru267
#19 Posted : Saturday, July 31, 2010 10:59:39 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@GG i looked at the Q1 and H1 results of the companies that paid bonus shares and none have been charged any tax for the payout
Mark 12:29
Deuteronomy 4:16
Back to top
  |
guru267
#20 Posted : Saturday, July 31, 2010 11:03:14 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@GG i looked at the Q1 and H1 results of companies that paid bonus shares last year and none was charged any tax for the Payout
Mark 12:29
Deuteronomy 4:16
Back to top
  |
3 Pages<123>
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 © 2026 Wazua.co.ke. All Rights Reserved.