Unfamiliar Investments: How do REITs work?
REITs collect funds through an Initial Public Offering (IPO). These funds are then used to buy, develop and manage real estate projects. Income is generated through renting, leasing, or selling the properties and is distributed directly to the REIT holder on a regular basis. When a REIT pays…
Am I a Great Investor?
As an investor, whether in real estate, stocks, bonds or mutual funds, one always wonders where they would rank against other investors. Are the investment decisions you make sound? Are the stocks held in your portfolio good buys? Are your convictions and perceptions about certain companies and…
The Curious Case of Eveready
Kenyans were excited about the stock market. The Kengen IPO had made some shareholders up to 6 times their initial investment. Eveready was going to be successful too right?
Unfamiliar Investments: Introduction to REITs
When considering what to invest in, most Kenyans think of buying land, shares at the NSE or even starting a business. The more informed investor may consider government securities, Treasury bills and bonds or Mutual Funds. Other than these there are other investments collectively considered Alternative Investments, these include forex…
Is Greed Good? Someone Certainly Thinks So
Is greed so bad? It is one of the 7 cardinal sins. Greed can't be so good can it?
Someone does not think so.
Closing Bell – 31 May 2012
There were 63 million Safaricom shares traded today on the NSE. The share price however remained unmoved at KES 3.25. Newbie share Longhorn Kenya Limited was the biggest gainer of the session, the counter closing KES 1.60 up (9.91%) to close its second trading day at KES 17.75.
Results of Yesterday’s T-Bill Auction
Yesterday, the Central Bank of Kenya (CBK) auctioned 182 day Treasury bills worth KES 2 billion. For the bill the bank received 934 bids amounting to KES 1.2 billion which represents a subscription of 59%. Clearly, the trend of gross under-subscription for government securities as we observed at the last…
PesaPortfolio – 31 May 2012
Below is the position at which our portfolio stood at the end of business yesterday, the 30th of May 2012. Share Market Segment…
The Longhorn Listing: What You Need to Know.
The Longhorn Kenya shares yesterday began trading. The share price opened 42% higher than the listing price, KES 20 from a listing price of KES 14.
Stocks Watch – 31 May 2012
DTK, KQ, Longhorn and Scangroup make up or list of to-watch shares today. DTK was up 5.7% in yesterday's trading while Scangroup closed 7.84% higher at KES 55 from KES 51 the previous day.
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