info[at]kasib.co.ke

About KASIB

The Kenya Association of Stockbrokers and Investment Banks is an association that represents the interests of Kenyan stockbrokerage and investment banking companies. It was initially founded as the Association of Kenya Stockbrokers (AKS) but later changed its name to KASIB in order to accommodate the interests and aspirations of investment banks that also operate as stockbrokers.
The eighteen members all have seats at the NSE and are holders of their respective licenses as stockbrokers or investment banks.

How we play our role
KASIB engages with domestic, regional and international exchanges, depositories, custodians, government, the public and other specific stakeholders from time to time in developing our Capital Market. We make policy recommendation and give input on draft. Our aim is to facilitate enabling laws, regulations, rules and guidelines and continuously enhance the operations and development of the KASIB Council Members including our own corporate documentation. We further promote Capital Markets awareness training and investors education.

Advocacy

Lobbying

Union

Market Growth

Investor Education

Code of Ethics

Investor Protection

Investor Education

  • Earnings per Share : 

    This is the portion of a company’s profit after tax that is allocated to each ordinary share. It is calculated by dividing the net profit by the number of ordinary shares. It serves as an indicator of the company’s profitability and is considered the single most important variable in determining a share’s price.

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  • Rate of Return : 

    This is the dividend received calculated as a percentage of the total amount invested. 

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  • Share Repurchase Plan : 

    This is a program through which a company buys back its own shares from the open market. This is normally because the management believes that the shares are undervalued, or wants to reduce the shares outstanding (i.e. supply) so as to increase the earnings per share. A share repurchase plan tends to elevate the market value of the shares.

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  • Overvalued : 

    Shares are said to be overvalued when the current price is not justifiable when measured by such benchmarks like the price to earnings ratio (P/E ratio). These are usually shares which have caught the investors’ fancy resulting in an emotional buying spree.

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  • P/E Ratio : 

    This is the price-to-earnings ratio. It is calculated by dividing the market price per share by the earnings registered in the last twelve months. It is the most common measure of how expensive a share is. Companies that are not profitable at all, i.e. those with negative earnings do not have a P/E ratio at all. Companies with very high P/E ratios are normally considered to be risky.

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