enyands wrote:MaichBlack wrote:Sir invest wrote:That's good news for those who want to enjoy dividends for long. Coz if it list the much u can earn as divided will be 50 cents per 10/=share.....
says who???
Ask Equity Bank shareholders who joined before it converted to a bank if they have any complaints.
After several bonuses and splits that 50 cents might the equivalent of 5/= per current 10/= share in the not so distant future!
@maichblack what do you see in this suspension. Iko hope ama its over
I don't think the suspension is anything negative to straight forward banks and prospective banks. The Central Bank wants to improve on its oversight role. You can expect the rules to be more strict and enforcement more thorough. One of the things that will definitely change are the requirements to become a bank and hence the suspension so that all new banks come in using the new rules.
The "indefinitely" should not scare you. It simply means they don't know how long it will take to come up with the new rules. And the Opus Dei man doesn't look like a person wa kuregarega. The suspension will be lifted soon. Probably in two or three months - I guess.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.