Closing Bell 05/04/2012
Gainers Price Change Kapchorua Tea Company 120.00 5.26% Pan Africa Insurance Holdings 26.00 4.00% Eveready East Africa Limited 1.55 3.33% Uchumi Supermarket Limited 12.80 2.81% Kakuzi Limited 82.00 2.50% Losers Price Change Express Limited 4.00 9.09% Eaagads Limited 31.00 8.82% TPS Serena Limited 46.00 6.12% Rea Vipingo Plantations…
Standard Group Reports a 12% Drop in Profits
Standard Group limited has reported a 12% drop in profits from a profit of Kshs. 249.239 million it posted for the period ended 31st December 2010 to Kshs. 219.298 million it posted for a similar period last year. In the financial reports posted on the NSE website the group said…
Express Kenya Limited Shareholders To Be Wary
Things do not seem to be going well at logistics company Express Kenya Limited. Trouble started at the firm when the firm lost its single largest and most lucrative beer transportation business after regional brewing giant EABL awarded the Ksh. 2.3 billion-a-year contract to its rival DHL. Its notable remaining…
Closing Bell 2/4/12
Gainers Price (Ksh) Change (%) Crown Berger Limited 27.75 6.73% Total Kenya Limited 13.90 5.30 TPS Eastern Africa Serena 49.00 3.16 CFC Stanbic Holdings 41.00 2.50% KPLC 14.85 2.41 Losers Price (Ksh) Change (%) Carbacid Investments Limited 10.70 2.73 Kenya Reinsurance Corporation 7.45 1.97 Sameer Africa Limited 3.75 1.32…
Kakuzi Share Responds To Their Positive Financial Results
Yesterday, Kakuzi Limited’s share gained for the second day running and rose by 0.6% to Ksh. 80 per share, the highest since March 1st 2012. This seems to be in response to the increase in profit they reported for the period ended 31st December 2012. According to their financial…
Wanna Get KPLC Interim Dividends?
The Kenya Power and Lighting Company, KPLC, will pay out an interim dividend of Kshs. 0.20 per share, the company announced in February. To receive dividends, shareholders must be in the share register on 12thApril for the dividend will be paid out on 31st April 2012. The share is…
Why Would You Take Up Your KQ Rights?
Yesterday, the KQ share closed at Ksh 13.95 per share. This is 5 cents below the rights issue price. This is similar to the trend that was observed last week where the share was consistently below Ksh 14 and reached a 12 month low of Ksh 12.55 per share. This…
EABL Interim Dividend To Be Paid Next Week
East African Breweries Limited, East Africa’s leading branded alcohol beverage business, is expected to pay a Kshs. 2.50 interim dividened per share to shareholders on 13th April 2012. The share closed trading in yesterday’s session at Kshs. 202.00 with the counter moving 53,300 shares yesterday resulting in a turnover of…
EABL faces active competition
The performance of the company is a matter of great concern to the shareholders. In every industry there exists factors that may promote or inhibit company performance. One factor that may actually both promote and inhibit this performance is competition. The clearest indicator of increased competition is the entrance of…
Closing Bell 03/04/2012
Gainers Price Change Unga Group Limited 9.90 5.88% Athi River Mining Limited 170.00 5.59% Diamond Trust Bank Kenya Limited 93.50 3.89% Housing Finance Company Limited 14.40 3.23% East African Cables Limited 11.00 2.80% Losers Price Change Car & General (K) Limited 23.50 9.62% Carbacid Investments Limited 88.00 9.28%…
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