Kenya’s most savvy investors

Kenya’s most savvy investors

Dr. James Mwangi, Equity Group CEO addresses shareholders at Equity Group’s 16th Annual General Meeting in Nairobi . [Wilberforce Okwiri] Forget reinventing the wheel. If you want to make money at the stock exchange, then follow these 12 savviest investors whose collective investment in the top 20 listed companies is valued at Sh25.6 billion.

They have been shrewd in the way they have made their business decisions, with some content with the dividend that comes with their stake in the market.

A dividend is a sum of money paid regularly by a company to its shareholders out of its profits. Indeed, the blue-chip stocks that these savvy individuals have put their money in have earned their stripes for the way they have consistently been profitable.

The profitability of a company also has the effect of swelling the share price at the stock market. And this is where the second set of investors at the stock market comes in. They are the patient investors – those who observe the gyrations of the stock market like a predator on prey. They know that in the end, everything will fall in place. Read More

Of course, not all stocks will make you money. But these investors have proven to Kenyans that there is always opportunity and money to be made in a big way by dealing in shares.

But there are higher chances of hitting it big with liquid counters such as Safaricom, Equity Bank, KCB, East Africa’s Breweries Ltd (EABL), Britam, Centum Investments, Diamond Trust Bank, ABSA Kenya, Co-operative Bank of Kenya and Scan Group.

Some of these investors are bankers such as James Mwangi of Equity Bank and Gideon Muriuki of Co-operative Bank.

There are also entrepreneurs such as Chris Kirubi who owns a significant stake at Centum, which owns Two Rivers Mall, among other investments. Other prominent entrepreneurs are Baloobhai Patel, who owns the Sankara Hotel and businessman-cum stockbroker Jimnah Mbaru.

Here is a list of investors with the most shares at NSE’s blue-chip companies.

1. James Mwangi

For the 20 most valuable companies listed at the Nairobi Securities Exchange (NSE), the CEO of Equity Bank has the most valuable stock at the Nairobi bourse valued at Sh5 billion. He owns 127,809,180 shares at Equity Bank valued at Sh4.55 billion at Sh36 a share as per last week’s trading. He also has shares at Britam worth Sh532 million. With his shares at Equity, Mwangi also sits on […]

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