This blog post is created to give easier and wider access to a selection of day-to-day changes in the 'pegged' market price of Unashig's outstanding (i.e. issued) CA and CB shares. We have hitherto conversed on this and certain related matters almost exclusively on WhatsApp. Unashig's presence in a more expansive terrain should sooner or later prove more interactive and even more beneficial.
The most recent market data, appearing as a synopsis on this page, refer to March 5th, 2021. Information on certain earlier dates is also simultaneously availed for the benefit of those who may find value in the short-term, and perhaps longer-term, trends implied therein.
Other archival data may subsequently be added to this page, or posted separately. Future price changes will feature, in one format or another, in future posts or on other platforms.
Friday, March 5th, 2021: Company's Share Price and Market Capitalization at Close of Day:
At close of trading day at the Nairobi Securities Exchange (NSE) on Friday, March 5th, the market price of a Unashig share (whether a CA or a CB share) -- as derived from the market value of the company's portfolio of securities quoted on the NSE -- rose slightly to KES 2,224.80 (or US$ 20.30 at the prevailing exchange rate). This represented a capital gain of 11.24% (which was a little higher than the previous day's 11.14%) over the par value of either class of shares of KES 2,000/- (or US$ 18.25 at the prevailing exchange rate). Counting from the beginning of 2019, the average gain was thus 5.62% per year.
Unashig's market capitalization was likewise higher than it was the previous day. It stood at KES 6,278,633.50 (or US$ 57,286.80 at the prevailing exchange rate), compared to the previous day's KES 6,272,971.50. However, the number of issued shares stayed at 2,822.11.
KES 2,224.80 (or US$ 20.30) was the new price at which one CA or CB share could be bought -- until the market posted a new price at the close of the trading day the following Monday.
LINK: The NSE Daily Price List
LINK: UNASHIG: Pricing Formula for CA and CB Shares
Do let us know if you need any further assistance to determine the amount that you should pay for the number of Unashig shares you wish to buy, or the number of shared you can purchase with the amount of cash you have.
Thursday, March 4th, 2021: Company's Share Price and Market Capitalization at Close of Day:
The price per share rose to KES 2,222.79 (or US $ 20.28), representing a capital gain of 11.14% over the par value of KES 2,000/-. On an annual basis, this represented an average gain of 5.57% per year since the beginning of 2019.
Unashig's market capitalization, based on prices quoted on the NSE, rose to KES 6,272,971.50 (or US$ 57,235.14).
The number of outstanding shares (i.e. all CA and CB shares so far issued) stayed at 2,822.11.
Wednesday, March 3rd, 2021: Company's Share Price and Market Capitalization at Close of Day:
The price per share -- that is, the price at which CA and CB shares could be bought -- rose marginally to KES 2,212.20, representing a gain of 10.61% over the par value of KES 2.000/-. Counting from the beginning of 2019, this represented an average gain of approximately 5.31% per year.
Unashig's market capitalization stood at KES 6,243,077.50. The total number of outstanding shares rose to 2,822.11. The noted increase in outstanding shares had a dampening effect on the average CA/CB share price, but it will not always do so.
Tuesday, March 2nd, 2021: Company's Share Price and Market Capitalization at Close of Day:
The pegged price per outstanding share dropped a little to KES 2,211.67. This was reflected in a slightly reduced gain of 10.58% over the par value, during the two-year period since January 2019.
The company's market capitalization stood at KES 6,175,219.50, while the number of outstanding shares rose somewhat to 2,792.11(we bought some shares at the NSE).
For the first time, the market value of Unashig's holding of 51,700 Safaricom shares (@ KES 38.70, or US$ 0.35!) rose above the KES 2,000,000 (US$ 18,248.16) threshold, and stood at KES 2,000,790 (US$ 18,255.38).
Monday, March 1st, 2021: Company's Share Price and Market Capitalization at Close of Day:
Unashig's market value per CA/CB share was KES 2,216.72. This represented a gain of 10.84% over the par value of KES 2,000/- during the period since January 2019.
The company's market capitalization rose to KES 6,167,165 (or US$ 56,269.75), while the number of outstanding shares rose somewhat to 2,782.11 (we bought some shares at the NSE on that date).
Friday, February 26th, 2021: Company's Share Price and Market Capitalization at Close of Day:
Unashig's share price rose to KES 2,196.74, representing a gain of 9.84% over the par value.
The company's market capitalization, based on the value of quoted holdings, stood at KES 6,093,985/- (or US$ 55,602.05). The number of outstanding shares remained unchanged, at 2,774.11 (since we hadn't bought any more shares at the bourse).
Thursday, February 25th, 2021: Company's Share Price and Market Capitalization at Close of Day:
Based on the prevailing number of outstanding shares -- that is, 2,774.11 CA/CB shares -- Unashig's derived share price rose to KES 2,174.16 (or US$ 19.84). This represented a gain of 8.71% over the par value, since around January 2019.
The company's market capitalization stood at KES 6,031,358/- (or US$ 55,030.64).
NB: DATA FROM A SELECTION OF EARLIER DATES WILL CONTINUE TO BE ADDED
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