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 a short-term reversal of the prevailing trend in the price movement of a share. Thus when in a falling market, the share registers a short term increment in price and in a rising market, the share registers a short term decline in price.
Omitted Dividend
This is a dividend which was expected, but which was not declared, usually due to financial difficulties. The company hereby opts to conserve its resources rather than to pay out cash.
Short Sale (or Short Position)
This is the sale of securities e.g. shares which one does not own, or has borrowed. Short sellers assume the risk that they will be able to buy back the shares at a later date and at a lower price, thereby making a profit.
Registration
This is when a listed company draws a register of the names and addresses of all its shareholders and directors. It is a requirement, although it’s usually done for purposes of future correspondence with the shareholders.
Financial Pyramid
This is a risk structure model used by investors who wish to spread their investments for safety and profits. At the base of the pyramid, its broadest span will be safe and liquid investments which will yield a decent return e.g. treasury bonds. The next segment will be debentures and shares which will yield a good return and at the top and narrowest segment with the least part of an investor’s funds will be the high risk investments which if successful yield extraordinary returns.
Investor Word
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This is a short-term reversal of the prevailing trend in the price movement of a share. Thus when in a falling market, the share registers a short term increment in price and in a rising market, the share registers a short term decline in price.
Omitted Dividend
This is a dividend which was expected, but which was not declared, usually due to financial difficulties. The company hereby opts to conserve its resources rather than to pay out cash.
Short Sale (or Short Position)
This is the sale of securities e.g. shares which one does not own, or has borrowed. Short sellers assume the risk that they will be able to buy back the shares at a later date and at a lower price, thereby making a profit.
Registration
This is when a listed company draws a register of the names and addresses of all its shareholders and directors. It is a requirement, although it’s usually done for purposes of future correspondence with the shareholders.
Financial Pyramid
This is a risk structure model used by investors who wish to spread their investments for safety and profits. At the base of the pyramid, its broadest span will be safe and liquid investments which will yield a decent return e.g. treasury bonds. The next segment will be debentures and shares which will yield a good return and at the top and narrowest segment with the least part of an investor’s funds will be the high risk investments which if successful yield extraordinary returns.