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C&G is mean on DPS
Surealligator
#1 Posted : Friday, January 28, 2011 10:02:55 AM
Rank: User


Joined: 6/27/2008
Posts: 709
Location: Velayat-e Faryab
Why does Car & General pay out peanuts for DPS while EPS is 10.70 Ksh? I mean, last yr, they paid some funny figure of 67 cents for DPS on 8.80 Ksh EPS. Is there something they are not telling us?

Even a bonus would have made some sense.

The Tea Sector is another story but if C&G retains so much, where does the same go? Are they considering importing Yasinth and other Chinese Motorbikes as they are going like hot cakes?

Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
Sober
#2 Posted : Friday, January 28, 2011 10:15:42 AM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
it is called ploughing back profits my friend. each company has got theoir own philoso[hy which they follow.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
mwanahisa
#3 Posted : Friday, January 28, 2011 10:29:16 AM
Rank: Elder


Joined: 6/2/2008
Posts: 1,438
Companies have different dividend policies and it is up to the investor to research on each of the companies s/he plans to invest in to determine whether they are comfortable with the dividend policies, BEFORE buying into the company.

Most companies whose share prices have risen sharply on the NSE over the years have been pretty mean on their dividend payout. ARM and Equity Bank come to mind. C & G hasn't exactly sparkled on that front, but it just might some day.

And;

BTW, C&G will be issuing a 1 for 2 bonus this year. As a shareholder, I am happy with this.

The 80 cts div is paltry but I can live with it.
guru267
#4 Posted : Friday, January 28, 2011 10:37:23 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
mwanahisa wrote:


BTW, C&G will be issuing a 1 for 2 bonus this year. As a shareholder, I am happy with this.

The 80 cts div is paltry but I can live with it.


Where did you get this information??
Mark 12:29
Deuteronomy 4:16
mwanahisa
#5 Posted : Friday, January 28, 2011 10:56:59 AM
Rank: Elder


Joined: 6/2/2008
Posts: 1,438
guru267 wrote:
mwanahisa wrote:


BTW, C&G will be issuing a 1 for 2 bonus this year. As a shareholder, I am happy with this.

The 80 cts div is paltry but I can live with it.


Where did you get this information??


Log on to the NSE website. The info is there - under C & G's Company Announcement.
Surealligator
#6 Posted : Friday, January 28, 2011 12:21:00 PM
Rank: User


Joined: 6/27/2008
Posts: 709
Location: Velayat-e Faryab
Sober wrote:
it is called ploughing back profits my friend. each company has got theoir own philoso[hy which they follow.


@Sober

Now that they are giving the bonus I've been yearning for, has the philosophy changed?

I had not read the rest of the document before I hit the roof. I have ten thousand shares of this goddam company. So I was talking out of passion.

Is it SOBER like soberr or soba for sane? Do you remember Sobea? It was there before Sober.
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
the deal
#7 Posted : Friday, January 28, 2011 12:25:41 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@Mwanahisa i see you are still around...we collide here again...the Bonus is good....LOL
youcan'tstopusnow
#8 Posted : Friday, January 28, 2011 2:06:59 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
mwanahisa, Karibu Tena. Kwani ulisahau password?smile
GOD BLESS YOUR LIFE
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