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 (AK
This is investing a fixed amount of money in a specific security at regular set intervals over a period of time. The investor buys more shares when the price is low and buys fewer shares when the price is high. This results in a lower average cost per share.
Profit Warning
This is an announcement made by a public company in advance before announcing its earnings indicating that its profits won’t meet previously held expectations. Companies do this to soften the blow to investors.
Government Paper
This is debt security e.g. bonds that is issued by the government or guaranteed by it.
Bonds
Bonds are also referred to as fixed income securities. They are promissory notes issued by government and corporations that entitle the investor to a specific interest at specific intervals over a specified length of time and to receive the principal upon maturity. Unlike shares, bonds do not carry with them any sense of ownership but guarantee interest even when the issuer does not register a profit.
Secondary Offering
This is the issuance of new shares to the public by a company that has already made its initial public offering (IPO). Usually, such offerings are made by companies seeking to refinance or raise capital for growth.
Investor Word
Dollar Cost Averaging
This is investing a fixed amount of money in a specific security at regular set intervals over a period of time. The investor buys more shares when the price is low and buys fewer shares when the price is high. This results in a lower average cost per share.
Profit Warning
This is an announcement made by a public company in advance before announcing its earnings indicating that its profits won’t meet previously held expectations. Companies do this to soften the blow to investors.
Government Paper
This is debt security e.g. bonds that is issued by the government or guaranteed by it.
Bonds
Bonds are also referred to as fixed income securities. They are promissory notes issued by government and corporations that entitle the investor to a specific interest at specific intervals over a specified length of time and to receive the principal upon maturity. Unlike shares, bonds do not carry with them any sense of ownership but guarantee interest even when the issuer does not register a profit.
Secondary Offering
This is the issuance of new shares to the public by a company that has already made its initial public offering (IPO). Usually, such offerings are made by companies seeking to refinance or raise capital for growth.