NSE Listed Companies with over 70% Foreign Ownership

As at March 2016 the following companies had over 70% foreign ownership:

For the Year ending 31 December 2015. Total made a profit before tax of KES 2.62Bn an increase of about 14.9% compared to KES 2.28 Bn. made in 2014. Net profit stood at KES 1.62Bn.

Total’s share price is currently at 18.40. The share price began the year at 18.25, the prices later slumped towards February where almost every counter on the NSE took a hit. The lowest price recorded was 16.20 end January then rebounded back by 13.6% to the current price.

Other Notable Institutional shareholders include the following:

For the year ended 31 December 2015, BAT’s revenues increased 6% to KES22.26B. Net income increased 17% to KES4.98B. Dividend per share increased from KES42.50 to KES49.50. Basic Earnings per Share excluding Extraordinary Items increased from KES42.55 to KES49.76.

On the share price, BAT has appreciated by 8.28% since the beginning of the year from KES 758.00 to 850.00. Have a look at the YTD chart below.

Have a look at the institutional movement in the chart below:

In the markets CFC gained 10.43% YTD from KES 81.50 in January to a current KES 90.00/share. A dip to KES 71.00 was also spotted in February this represented an interesting buying point. An investor should always spot for those dips!

The parent Company of BOC Kenya Limited is BOC Holdings (65%) and the ultimate holding Company is Linde AG. The Linde Group (Linde) is incorporated in Germany and is listed on the German Stock Exchange (where it forms part of the DAX 30 share index).

For the fiscal year ended 31 December 2015, BOC Kenya Limited revenues decreased 9% to KES1.19B. Net income decreased 35% to KES148.6M. Dividend per share remained flat at KES5.47. Basic Earnings per Share excluding Extraordinary Items decreased from KES11.76 to KES7.61.

In the markets BOC dropped from 102 since the beginning of the year to KES 98/share. This represents a drop of 3.92% YTD (Year to Date).

Standard Chartered Holdings (Africa) BV is the parent company and owns 73.89% of Standard Chartered Bank of Kenya.

Some Notable Institutional Investors are shown below:

Year to Date Standard Chartered has lost 1.46%. Its current price is KES 202/share. Something to note is that Standard Chartered rallied by 21% in the close of March and a better part of April before falling. The reason for the rally might be that investors were seeking to lock in on that 1:9 bonus issue that was declared.

Barclays Africa Group owns 68.5% of Barclays Bank of Kenya and is the parent company.

Some notable institutional investors in BBK are:

Also we noticed that some notable foreign institutional investors such as Goldman Sachs Asset Management have fully liquidated their positions in BBK as shown below:

For the fiscal year ended 31 December 2015, Barclays Bank of Kenya Limited interest income increased 10% to KES 25.29B.

Net interest income after loan loss provision increased 2% to KES 18.64B. Net income increased less than 1% to KES8.4B.

Net interest income after loan loss provision reflects Loans and advances to customer’s increase of 4% to KES18.84B, Government securities increase of 12% to KES5.14B.

BBK’s share price has been moving one direction, down! It began the year at KES 13.25 and has since dropped by 20% to KES 10.60.

Disclaimer: The contents of this website have been prepared to provide you with general information only. In preparing the information, we have not taken into account your objectives, financial situation or needs. Before making an investment decision, you need to consider whether this information is appropriate to your objectives, financial situation and needs. The information contained herein has been obtained from sources that we believe to be reliable, but its accuracy and completeness are not guaranteed.

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