Wanted

A breakdown on all NSE share splits from 2000, with dates and split prices

Things we don’t have in Kenya but may be nice to have at the NSE
– Short selling; there are some stocks I’d love to short
– Automatic Dividend reinvestment programs (DRIP’s), why don’t more companies push for these as they push for ESOP’s?
– Share buy back programs: someone to buy my Uchumi?

Things that should go away
– Cum dividend: It is criminal that a company can declare a dividend in January to pay in June. Declare a dividend, close the books within a month and pay the day after the AGM please.

6 thoughts on “Wanted”

  2. dgs

    KenyaRe is going to pay dividend 30 Sept 2008 for fiscal year 2007, that a good 9 months after year end.
    I also completely agree about buy back. Overall your suggestion are great, but CMA & NSE are not ready to adapt. If they do NSE can go places as tranparenty is key for investors.

  4. Anonymous

    Hi Great idea aboout DRIPs- is it that the regulatory bodies are sleeping. Sharesa re the hceapest way a firm can raise money, so why not allow the company to keep a reinvestment fund for those who want to re-invest. this is a better idea than firms claiming dividnds not cashed/ claimed in six months? why has CMA not reigned them on this. any information on this scam to milk investors?

  5. gladiator

    SPLIT INFO
    (format)
    COMPANY
    RATE DECLARED
    CLOSURE PRICE-CLOSE
    START PRICE-START
    CURRENT PRICE-CUR
    COMMENTS
    (/format)

    Kenya Oil
    10:1 6/23/2004
    7/5/2004 423
    7/6/2004 55
    5/16/2008 92.50
    n/a

    East African Breweries
    5:1 8/27/2004
    11/26/2004 520
    11/29/2004 114
    5/16/2008 179
    cur-price diluted, 1:5 bonus(2007)

    EACables
    10:1 8/10/2006
    9/4/2006 645
    9/5/2006 77.50
    5/16/2008 42.75
    n/a

    ICDC Investments
    10:1 10/19/2006
    1/4/2007 355
    1/5/2007 36
    5/16/2008 26.25
    n/a

    Barclays Bank
    5:1 11/8/2006
    11/29/2006 571
    11/30/2006 92
    5/16/2008 73
    n/a

    Sasini
    5:1 12/18/2006
    2/14/2007 130
    2/15/2007 15.25
    5/16/2008 15.50
    n/a

    CMC Holdings
    10:1 1/11/2007
    2/26/2007 157
    2/27/2007 16.10
    5/16/2008 17.95
    cur-price diluted, 1:5 bonus(2008)

    Kenya Commercial Bank
    10:1 3/5/2007
    4/2/2007 208
    4/3/2007 22.75
    5/16/2008 30
    n/a

    Nation Media Group
    2:1 3/18/2008
    n/a
    n/a
    n/a
    Probably after AGM at end month

  6. gladiator

    Sorry for the extra post but this
    one has more clarifying comments.

    SPLIT INFO
    (format)
    COMPANY
    RATE DECLARED
    CLOSURE PRICE-CLOSE
    START PRICE-START
    CURRENT PRICE-CUR
    COMMENTS
    (/format)

    Kenya Oil
    10:1 6/23/2004
    7/5/2004 423
    7/6/2004 55
    5/16/2008 92.50
    n/a

    East African Breweries
    5:1 8/27/2004
    11/26/2004 520
    11/29/2004 114
    5/16/2008 179
    cur-price diluted, 1:5 bonus(2007)

    EACables
    10:1 8/10/2006
    9/4/2006 645
    9/5/2006 77.50
    5/16/2008 42.75
    n/a

    ICDC Investments
    10:1 10/19/2006
    1/4/2007 355
    1/5/2007 36
    5/16/2008 26.25
    Now called Centum

    Barclays Bank
    5:1 11/8/2006
    11/29/2006 571
    11/30/2006 92
    5/16/2008 73
    1:3 bonus closed the same day

    Sasini
    5:1 12/18/2006
    2/14/2007 130
    2/15/2007 15.25
    5/16/2008 15.50
    1:5 bonus closed the same day

    CMC Holdings
    10:1 1/11/2007
    2/26/2007 157
    2/27/2007 16.10
    5/16/2008 17.95
    cur-price diluted, 1:5 bonus(2008)

    Kenya Commercial Bank
    10:1 3/5/2007
    4/2/2007 208
    4/3/2007 22.75
    5/16/2008 30
    n/a

    Nation Media Group
    2:1 3/18/2008
    n/a
    n/a
    n/a
    Probably after AGM at end month

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