18 shilling dividends??!!

Wow.Thats a whole lot of cheese for simply owning a share. Anyone with money better start getting cash ready for slice of the EABL pie. They are anouncing the green light to the second ever split of shares after Kenol earlier this year..essentially a stock split means they makes shares cheaper by redistributing the capital within the company first. Yaani if i had 10 shares worth 100 bob, and kbl splits the ordinary shares to now cost 20 bob, my stake in the company will now be 50 shares..makes the shares more accessible to common wananchi like myself...

Yaani this is one of those industries where everyones winning bana...(umm except for those poor houswives who have to endure hell at 3am). You only begin to fathom the sheer power of the EABL business model when you step into a bar in Nai on a tuesday 40.0pm mid-end month, and it is already teeming....
Wheres this cash coming from? what cash are these young-middle aged folks saving? But no ones complaining..noooo not even the govt..they just made 15.something billion last fiscal year from taxing EABL! The shareholder..man they are far from sad - When i left working at the NSE this summer, EABL ord. shares were closing at around 459 bob. My guy, they are at 528 in a couple of months, despite what my ex-collegues at the NSE are calling a market slowdown.

So now that I will soon be able to buy shares at East Africa's most profitable company, should I really? I mean just how much longer can they continue to churn out billions of shillings in revenues? Will the working pupulation get any smarter with their money? I sure hope so. But come to think of it si if i owned shares at EABL..going for B.O.G.O.F.(Buy One Get One Free at the carni wednesday b4 9..ooh good timeswere had in the summer!) would be corporate Reinvestment of profits to spur turnover ama???!! As if we need one more reason to jwap!!!

My point..not sure if I really have one in particular or many flying around. I know one thing. We have got to start getting smarter with our money as Kenyans. Just dont drink it away. I know i know srt of presumptious coming from me..my this capitalist dream that corporations have of infinite and boubless profit targets somehow leave me suspecting that it will be at someones expense.