Unashig Kenya PLC reproduces at the end of every month the official CDSC list of shares quoted on the Nairobi Securities Exchange (NSE) which it (Unashig) holds on behalf of the collectivity of its shareholders. Here below is the CDSC list for the end of April 2021.
The present list is not exhaustive, however. As pointed out previously, shares bought in the last week or so of a given month typically don't make it to the list on time. Consequently, one has to wait till the end of the following month to see what had been left out But that is easier said than done, since CDSC statements don't make specific provisions for -- or mentions of -- late/belated entries; that is, of holdings brought forward from the previous month.
Every statement simply stuffs all transactions into the standard format of "first date of the month " to "the last." No overlaps between "last days of the previous month" and the "first few days" of the new month are owned up to -- as far as we can see. It is easy, in that case, to say that we shouldn't buy any shares one week or so to the end of any given month. But that would be self-defeating. After all, we have our data in full detail from the Broker to confirm our holdings at any time in-between CDSC releases.
Still, CDSC should up its game. It is a bit lackadaisical in its reporting. The list we share with you below is definitely incomplete, as far as our April transactions are concerned. Two examples: Unashig owns 3,000 Williamson Tea shares -- not the 2,700 reported. Likewise, it owns 41,100 shares in Nairobi Securities Exchange -- not 39,600. On the other hand, since we did not buy any Safaricom shares close to the end of April, the number of shares reported (i.e. 58,200) is accurate.
READ: List of Quoted Securities Held by Unashig at the end of April 2021
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