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BREAKING NEWS!! KPLC RESTRUCTURING details out
Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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But they ignored to mention anything about the balance sheet restructuring. Nevertheless good numbers. History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Somebody give us the breakdown....EPS...DIVIDEND...ETC....
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Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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the deal wrote:Somebody give us the breakdown....EPS...DIVIDEND...ETC.... Funky gave you a link! Stop being lazy ;-) Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/15/2006 Posts: 3,905
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Saw the results @VVS, 15% increase in net profit and 4.8% increase in Operating Profit. DPS of 8.00 and EPS 46.97
Okay am in awe of gurus, but don't know why I just don't FEEL this share? Is that the problem, I'm trading with my heart or limited faculties just like some people don't get tech or airlines?
Should you buy a company even if you don't feel it? I mean, when I wake up at night, I don't get excited about power generation.
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Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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muganda wrote:Saw the results @VVS, 15% increase in net profit and 4.8% increase in Operating Profit. DPS of 8.00 and EPS 46.97
Okay am in awe of gurus, but don't know why I just don't FEEL this share? Is that the problem, I'm trading with my heart or limited faculties just like some people don't get tech or airlines?
Should you buy a company even if you don't feel it? I mean, when I wake up at night, I don't get excited about power generation. That is OK but please turn on the lights when you wake up in the middle of the night... [And pay your bills promptly] Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/15/2006 Posts: 3,905
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VituVingiSana wrote:That is OK but please turn on the lights when you wake up in the middle of the night... And pay your bills promptly  touché But seriously though, is it crazy to want to buy only companies that fit into your psyche? I know, I know, making a 50% return is exciting, perhaps that should override other concerns... 
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Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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muganda wrote:VituVingiSana wrote:That is OK but please turn on the lights when you wake up in the middle of the night... And pay your bills promptly touché But seriously though, is it crazy to want to buy only companies that fit into your psyche? I know, I know, making a 50% return is exciting, perhaps that should override other concerns... I am happy with KPLC paying the 1.25bn in dividends. Heck, it should be converted to a 'normal' loan so KPLC can get a tax break! I do not want a conversion! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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They are good results but not great. I am a little dissapointed to be honest, especially by the dividend. I had presumed that the increase of the interim div from Kshs 2 to 3 signalled an intention to increase the full year dividend. I had anticipated that the final dividend would be Kshs 7 to round up the figure to Kshs 10.
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Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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mwanahisa wrote:They are good results but not great. I am a little dissapointed to be honest, especially by the dividend. I had presumed that the increase of the interim div from Kshs 2 to 3 signalled an intention to increase the full year dividend. I had anticipated that the final dividend would be Kshs 7 to round up the figure to Kshs 10. Same here but my gut tells me the reason was to keep a lid on anti-KPLC sentiments including COTU (strike threats) & customer/consumer backlash... Also KPLC is going for a Rights Issue sooner than later... So why pay a higher dividend when you ask the same shareholders for money back? IMHO, KPLC should have paid a 'small' bonus just to assuage shareholders & withheld the dividend... Or pay a Scrip Dividend Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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@VVS, sure that makes sense. The problem is that KPLC has not given any further details regarding the restructuring, rights issue, split etc. Exactly what are they waiting for? Or has Nyoike been too busy fighting KK, for crying out loud!!!!
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Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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mwanahisa wrote:@VVS, sure that makes sense. The problem is that KPLC has not given any further details regarding the restructuring, rights issue, split etc. Exactly what are they waiting for? Or has Nyoike been too busy fighting KK, for crying out loud!!!! It is NOT the KPLC management but the GoK who is pushing the process... The restructuring is a Board/Shareholder issue. The results/operations are a management matter. Yes, the Board approves the release of results but the 'Capital Restructuring' needs GoK input. Yes, nyoike has been wasting our (taxpayer) time & money fighting KK... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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If GoK is the main mover on this, we are in for a LONG LONG wait. GoK cannot exactly be accused of having achievd anything on schedule - "Water for all by Year 2000" come to mind?
Maybe that will turn out for the best. The longer GoK waits before conversion the higher the likelihood that the real value of the company will be realised. The degree of dilution will lessen with time.
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Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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mwanahisa wrote:If GoK is the main mover on this, we are in for a LONG LONG wait. GoK cannot exactly be accused of having achievd anything on schedule - "Water for all by Year 2000" come to mind?
Maybe that will turn out for the best. The longer GoK waits before conversion the higher the likelihood that the real value of the company will be realised. The degree of dilution will lessen with time. Amen! For all I know, KPLC has not been paying (though providing for) the Preference Dividend. The only problem is my shares see a 'depressed' price coz of the delay in the restructuring... On the other hand I am OK coz I am confident I will meet my ROI goals... IMHO, a MINIMUM of 300/- is what I will accept for the conversion. No less. I will fight them otherwise... How? Not sure but I am open to ideas! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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@VVS we might be headed back to 200bob.... The results were good but not that GREAT.... There is disappointment all over the results in terms of profits, dividends, and restructuring... All of which may very well cause a sell off.... But thats the beauty of getting in at 120bob... A fall to even 180 from here i will still be in profit plus i have a 6.6% dividend yield... I can sit put and wait for stuff to improve Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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VituVingiSana wrote:IMHO, a MINIMUM of 300/- is what I will accept for the conversion. No less. I will fight them otherwise... How? Not sure but I am open to ideas!
Have you ever tried constructive vandalism?  GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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youcan'tstopusnow wrote:VituVingiSana wrote:IMHO, a MINIMUM of 300/- is what I will accept for the conversion. No less. I will fight them otherwise... How? Not sure but I am open to ideas!
Have you ever tried constructive vandalism? LOL... No vandalism for me... I am looking for other ideas... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Yani guru you are 100 percent up na haujauza? What's your exit price? SELL SELL SELL And BUY BUY BUY KCB. It could use your big money. GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/3/2007 Posts: 18,137 Location: Nairobi
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@guru - If KPLC falls to 200/-... SWEET... coz I am ready to load up on more... I wanna buy what others are selling... I am sure about KPLC's future (except for political interference)... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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youcan'tstopusnow wrote:Yani guru you are 100 percent up na haujauza? What's your exit price? SELL SELL SELL And BUY BUY BUY KCB. It could use your big money. @youcan't i will not sell KPLC for anything rIght now... Its not everyday you make 100% capital gains and 6.6% dividend yield in about a year.... I already plunged into KCB with my proceeds from safaricom sale so i'm waiting patiently for january... Mark 12:29
Deuteronomy 4:16
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BREAKING NEWS!! KPLC RESTRUCTURING details out
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