UNASHIG's Share Price and Market Capitalization of Holdings Quoted on the Nairobi Securities Exchange _ May 2nd to 6th 2022

  For a Background to this series of summaries at the close of each trading day, please READ: "Introduction to Trends in Unashig's CBshare Price and Market Capitalization" 

Share Price and Market Capitalization at the Close of Specified Days of the Week [Abridged]  

Friday, May 6th, 2022.

CBshare closed the day 1.24% lower at KES2,071.77 (or US$17.27, at the forex rate of KES115.95 per US$). Consequently, it dropped to second position as shown in the ranking below:

1. NSE 20 Index: -0.62%

2. CBshare price (25 counters): -1.24%*
3. NSE 25 Index: -1.48% 

4. NASI (NSE All-Share Index): -1.93%

5. FTSE NSE Kenya 25: -1.95%.

Unashig's market capitalization also contracted 1.24%, to close lower at KES6,885,761.00 (or US$59,385.61).

On a Week-on-Week (WoW) basis, the declines were generally steeper. However, CBshare's performance placed it second here as well, as we see below: 

1. NSE 20 Index: -2.47%

2. CBshare price (25 counters): -2.78%*
3. NSE 25 Index: -3.04% 

4. FTSE NSE Kenya 25: -3.53% 

5. NASI (NSE All-Share Index): -3.62%.

With share prices continuing to slide even as we watch, including the price of CBshare, it is time for savvy investors to pick the low-hanging fruits we see all around. The more CBshares you buy while the opportunity lasts, the better placed will the value of your own holdings be when NSE indices (and the underlying stock prices) turn upward and upper -- and so will our collective holdings under the Unashig umbrella. 

 

Thursday, May 5th, 2022.

The continuing downward trend at the bourse was mirrored in the price of a CBshare, which closed 0.70% lower at KES2,097.70 (or US$18.09, at the forex rate of KES115.95 per US$). The unrelenting decline in the forex value of KES in recent weeks is only making matters worse for the local stock market. Nevertheless, the ranking given below shows that CBshare climbed back to first place today -- compared to the fourth position it held yesterday:

1. CBshare price (25 counters): -0.70%*
2. NSE 20 Index: -0.85%. 

3. NSE 25 Index: -0.94%

4. NASI (NSE All-Share Index): -1.15%

5. FTSE NSE Kenya 25 Index: -1.22%.

Unashig's market capitalization also contracted 0.70%, to close lower at KES6,971,949.50 (or US$60,128.93).    

Wednesday, May 4th, 2022.

The recent slide in stock prices and indices continued unabated. CBshare price closed another 0.87% down, at KES2,112.50 (or US$18.23, at the forex rate of KES115.85 per US$). However, in the [corrected] list shown below, CBshare rose a notch to fourth place today -- in contrast to the fifth position that it held last Thursday: 

1. FTSE NSE Kenya 25 Index: -0.40%

2. NASI (NSE All-Share Index): -0.58%

3. NSE 25 Index: -0.65%

4. CBshare price (25 counters): -0.87%*

5. NSE 20 Index: -1.04%. 

Unashig's market capitalization also contracted 0.87%, to close lower at KES7,021,136.50 (or US$60,605.41).   

  

NOTE: There was no trading at the bourse on May 2nd and 3rd this week -- both dates being public holidays.

ALL ARE ADVISED THAT: Share trading is not Unashig's core business, but an important aspect of enterprise. Unashig is a limited liability company registered under Kenya's Companies Act and entirely owned by its registered shareholders. 

The average number of CBshares held per shareholder remains very low, however. This is not conducive to rapid capital/asset growth, or the generation of substantial and distributable dividend income from stock holdings. For over 12 months, the value of our CBshare has proven that Unashig's investment decisions continue to be competitive with, and quite frequently superior to, investment decisions pegged on the trajectory of any of the four leading NSE indices. Indeed, its aggregate annual yield is, in percentage terms, superior to that of bonds issued in Kenya and, from what we can see, bond yields reported by US and European securities exchanges.  

READ: The Core Business of Unashig Kenya PLC.

FOR SUMMARIES FOR EARLIER DATES, PLEASE READ: "UNASHIG's Share Price and Market Capitalization...April 25th to 28th, 2022"

UNASHIG's Portfolio of Shares Quoted on the Nairobi Securities Exchange - As of April 30th 2022

The Board and Management of Unashig Kenya PLC are pleased to release, via the link provided below, a CDSC end-of-April 2022 Statement of Unashig's portfolio of NSE-listed stocks. Such a statement is routinely issued at the end of the month to each active investor at the NSE.

Unashig's portfolio expanded marginally in terms of the number of shares held across the board, but continued to be spread across the same 25 counters as seen last month:

LINK: Portfolio of Shares Held ~ April 30th 2022

List of Shareholders of Unashig Kenya PLC - As of End of April 30th 2022

The number of Unashig Shareholders rose slightly to 246 as of the end of April 2022. Out of 7,000 authorized shares, the combined total of outstanding CA and CBshares rose to 3,323.61. This gives us an average of 13.51 shares per shareholder, which is far from impressive -- given our ambition. The complete list of Unashig shareholders is provided at the link below. The number of shares currently held by each Shareholder is also shown. 

LINK: List of Unashig Shareholders as of May 31st, 2022