Carbacid Investments #ticker:CARB posted a 71.4 percent rise in net profit in the half-year ended January on increased sales of carbon dioxide in the regional market. The Nairobi Securities Exchange-listed firm made a net income of Sh360.7 million in the period compared to Sh210.4 million the previous year. Sales increased 56 percent to Sh701.6 million […]
Tag: carbacid investments
Home Afrika Tops the NSE On Monday As Uchumi Leads The Losing Pack
KEY POINTS Uchumi Supermarket was the top loser after shedding off 9.09 percent at the price of 0.20 shillings per share followed by Sasini and Trans-Century with a loss of 5.61 and 4.31 percent at the price of 20.20 and 1.11 shillings per share. Top Gainers The top gainer of the day at the Nairobi […]
Carbacid-BOC deal hampered by tribunal vacancies
Vacancies at the Capital Markets Tribunal have made it unable to hear a case seeking to stop the proposed acquisition of BOC Kenya #ticker:BOC by Carbacid Investments, leaving the transaction in limbo. The deal was announced in November 2020 and was challenged at the tribunal in March last year by BOC’s minority shareholder Ngugi Kiuna […]
Carbacid remains glued to Sh1.2bn BOC acquisition bid
Carbacid Investments is still keen on acquiring medical and industrial gas manufacturer BOC Kenya in the Sh1.2 billion deal that was scuttled by the latter’s shareholders. The carbon dioxide manufacturer told shareholders they are seeking to speed up the hearings at the Capital Markets Tribunal and the High Court to resolve the impasse that derailed […]
Jimmy Wanjigi: List of Properties Owned by ODM’s 2022 Presidential Aspirant
Jimmy Wanjigi is a Murang’a billionaire with investments across agriculture, real estate, sanitation, and financial sectors The 59-year-old ODM presidential aspirant hopes to succeed Uhuru Kenyatta in the 2022 General Election Wanjigi said his rise to a billionaire was from humble beginnings as a garbage collector in Nairobi Jimmy Wanjigi is a Murang’a tycoon who […]
Billionaire raises his stake in Carbacid to 49.9 percent
Billionaire investor Baloobhai Patel has raised his stake in Carbacid Investments Plc to a new high of 49.9 percent as the company’s profits soared. The firm’s latest annual report shows that Mr Patel made the additional share purchases in the year ended July, boosting his ownership from 40.38 percent a year earlier. His stake is […]
KPLC Ends Tuesday As The Top Mover Of The Day
Kenya Power and Lighting Company (KPLC) was the top mover of the day with 10.43 million shares with a market capitalization of 3.34 billion shillings. Safaricom came in second with 2.10 million shares and a capitalization of 1.66 trillion shillings. Nairobi Business Ventures, WPP ScanGroup, and NCBA Group ended the day by moving 244,200, 204,800, […]
Here Are The Top Gainers, Losers And Movers At The NSE On Wednesday
The top gainer of the day at the Nairobi Securities Exchange (NSE) was Eveready East Africa with 4.81 percent at the price of 1.09 shillings per share. Carbacid Investments was the second with 4.37 percent at the price of 11.95 shillings per share. CIC Insurance Group, Kenya Power and Lighting (KPLC), and Crown Paint Kenya […]
Top 5 Gainers, Losers, And Movers At The NSE On Thursday
KEY POINTS Nairobi Business Ventures was the top gainer of the day on Thursday at the Nairobi Securities Exchange (NSE) with 6.09 percent at the price of 7.32 shillings per share. Nairobi Business Ventures was the top gainer of the day on Thursday at the Nairobi Securities Exchange (NSE) with 6.09 percent at the price […]
Eveready East Africa Ends The Week As Top Gainer Of The Day
KEY POINTS The top gainer of the day was Eveready East Africa with 8.25 percent at the price of 1.05 shillings per share. Jubilee Holdings gained 5.36 percent at the price of 368.75 shillings per share. The top gainer of the day was Eveready East Africa with 8.25 percent at the price of 1.05 shillings […]
