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Exchange Bar: Results forecast
Hunderwear
#71 Posted : Monday, November 11, 2013 8:19:15 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
PKoli wrote:
obiero wrote:
There is no other share in East Africa that has had as many dividends, splits and bonuses than Stanbic Uganda.. Sometimes I wish I would have held on to my purchase a little longer

@obiero,

True, I too wish I had stayed in a little longer. I participated in the IPO, and even though the allocation to foreigners was capped, I did make some meaningful returns. I sold all my shares thereafter. Then re-entered. At the time of the share bonus, I was out. Now, that I am based in Kampala, this is my favorite stock here. Accumulating at at price up to UGX 30.



@Pkoli,howdoes the current price relate to the IPO price?Am asking for the history of the share including the split and bonus.Wherean I get tbese details btw
jerry
#72 Posted : Monday, November 11, 2013 8:39:44 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
obiero wrote:
There is no other share in East Africa that has had as many dividends, splits and bonuses than Stanbic Uganda.. Sometimes I wish I would have held on to my purchase a little longer

A friend of mine had a dividend cheque that he didn't know what to do with it as it was in UG shillings and he is in Kenya. It eventually got lost! He tells me StanBic Bank and his broker, D&B, could not help.
The opposite of courage is not cowardice, it's conformity.
PKoli
#73 Posted : Monday, November 11, 2013 8:48:18 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
jerry wrote:
obiero wrote:
There is no other share in East Africa that has had as many dividends, splits and bonuses than Stanbic Uganda.. Sometimes I wish I would have held on to my purchase a little longer

A friend of mine had a dividend cheque that he didn't know what to do with it as it was in UG shillings and he is in Kenya. It eventually got lost! He tells me StanBic Bank and his broker, D&B, could not help.


I received a number of cheques when I was in Kenya, and had no problems cashing them. Only problem is they took too long to be cleared and I received very low exchange rates. If you have significant dividends say over ugx 600k, you shouldn't allow your cheque to get lost. Also note that in UG, dividend tax is 10%.
obiero
#74 Posted : Monday, November 11, 2013 10:26:28 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,319
Location: nairobi
PKoli wrote:
jerry wrote:
obiero wrote:
There is no other share in East Africa that has had as many dividends, splits and bonuses than Stanbic Uganda.. Sometimes I wish I would have held on to my purchase a little longer

A friend of mine had a dividend cheque that he didn't know what to do with it as it was in UG shillings and he is in Kenya. It eventually got lost! He tells me StanBic Bank and his broker, D&B, could not help.


I received a number of cheques when I was in Kenya, and had no problems cashing them. Only problem is they took too long to be cleared and I received very low exchange rates. If you have significant dividends say over ugx 600k, you shouldn't allow your cheque to get lost. Also note that in UG, dividend tax is 10%.

Even if the cheque was lost. Value wasnt drawn hence your friend can reach the registrar whose contacts I have availed. The cheque will be replaced at no charge! As for encashments, KCB accepts UGX but charges a minimum commission of about KES 1,200!
COOP, IMH, KEGN, KQ, MTNU
jerry
#75 Posted : Monday, November 11, 2013 10:49:57 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
@Pkoli, @Obiero thanks. I 'll advise my friend.
The opposite of courage is not cowardice, it's conformity.
guru267
#76 Posted : Tuesday, November 12, 2013 2:40:47 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Sufficiently Philanga....thropic wrote:
obiero wrote:
@guru pls share the expected PBT for home afrika

Or LBT. Did they even release H1?


I expect 300 - 400 million PBT by the end of the year! But mine is no "exchange bar" but rather an educated guess!

They released 168 million In H1 I think..
Mark 12:29
Deuteronomy 4:16
obiero
#77 Posted : Tuesday, November 12, 2013 10:42:56 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,319
Location: nairobi
KQ back in profit. CONFIRMED
COOP, IMH, KEGN, KQ, MTNU
obiero
#78 Posted : Tuesday, November 12, 2013 11:04:12 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,319
Location: nairobi
KQ back in profit. CONFIRMED
COOP, IMH, KEGN, KQ, MTNU
S.Mutaga III
#79 Posted : Tuesday, November 12, 2013 11:52:53 AM
Rank: Member

Joined: 3/26/2012
Posts: 830
obiero wrote:
KQ back in profit. CONFIRMED


I knew some information had leaked...no apparent reason for the rally
A successful man is not he who gets the best, it is he who makes the best from what he gets.
muganda
#80 Posted : Tuesday, November 12, 2013 12:23:11 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
I'm no expert, not sure how the numbers will add up...

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