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Where is BAT headed?
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cnn
#21 Posted : Wednesday, August 29, 2012 1:05:41 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
Now at 415,having purchased at 130's its getting a bit too tempting,is it just the dividend yield?
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gatoho
#22 Posted : Wednesday, August 29, 2012 6:11:10 PM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
cnn wrote:
Now at 415,having purchased at 130's its getting a bit too tempting,is it just the dividend yield?



looking at this n kicking myself,
2010 or there bouts I bid 195, broker advised I make it 200 and i refused, It never came back and to see DOUBLE that now.. got ROAR but still... plus the lost DIvs... hindsight always 2030 vision, Oh wait, thats kibaki, 20-20
Foresight..
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mlennyma
#23 Posted : Wednesday, August 29, 2012 6:28:39 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Not affordable..split looming
"Don't let the fear of losing be greater than the excitement of winning."
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hisah
#24 Posted : Thursday, August 30, 2012 7:51:15 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
mlennyma wrote:
Not affordable..split looming

But it's being bought up to now...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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stocksmaster
#25 Posted : Thursday, August 30, 2012 8:40:57 AM
Rank: Member

Joined: 9/26/2006
Posts: 463
Location: CENTRAL PROVINCE
cnn wrote:
Now at 415,having purchased at 130's its getting a bit too tempting,is it just the dividend yield?


It is still a good buy. Remember it profit is growing at about 20% p.a and with its history of giving 90-95% of its net profits as dividends, this means dividends for 2012 financial year should be about Ksh 36-37 per share.

It trades usually at a dividend yield of 4-5%. At a dividend of Ksh 36-37, this is a dividend yield of almost 9%......shows you the price is yet to peak.

Happy Hunting
x handle: @stocksmaster79
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chiaroscuro
#26 Posted : Thursday, August 30, 2012 8:54:21 AM
Rank: Veteran

Joined: 2/2/2012
Posts: 1,134
Location: Nairobi
Where is BAT headed?


NOWHERE!

It's a business 100% relying on a dying habit!

That's why they tried their hand at real estate development a few decades ago [Imara Daima estate.... named after the marketing slogan of Sportsman cigarettes]
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VituVingiSana
#27 Posted : Thursday, August 30, 2012 9:21:21 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
chiaroscuro wrote:
Where is BAT headed?

NOWHERE!

It's a business 100% relying on a dying habit!

That's why they tried their hand at real estate development a few decades ago [Imara Daima estate.... named after the marketing slogan of Sportsman cigarettes]
Imara Daima was for their employees (& some other folks) but not a development as described. Furthermore, the old BAT was a (international) financial behemoth but is now a pure tobacco play.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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sparkly
#28 Posted : Thursday, August 30, 2012 12:22:21 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
hisah wrote:
mlennyma wrote:
Not affordable..split looming

But it's being bought up to now...


Very small free float.
Life is short. Live passionately.
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sparkly
#29 Posted : Thursday, August 30, 2012 12:40:50 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
I chronicled my investment in BAT here:

http://wazua.co.ke/forum...osts&t=7164&p=2

Made my 100% plus on the share in two years and put the money else where.

Share is going strong, but in my opinion is now approaching fair price. I Don't expect double digit organic growth going forward and the stock has never been split as far as i can remember. The shilling has stabilized hence the export market will not be like last year.

I expect more entry into the stock by foreign investors exiting T-bills and bonds.

Still a good buy because of the dividend yield but there are better options out there. To me its a SELL.
Life is short. Live passionately.
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cnn
#30 Posted : Thursday, August 30, 2012 1:12:16 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
sparkly wrote:
I chronicled my investment in BAT here:

http://wazua.co.ke/forum...osts&t=7164&p=2

Made my 100% plus on the share in two years and put the money else where.

Share is going strong, but in my opinion is now approaching fair price. I Don't expect double digit organic growth going forward and the stock has never been split as far as i can remember. The shilling has stabilized hence the export market will not be like last year.

I expect more entry into the stock by foreign investors exiting T-bills and bonds.

Still a good buy because of the dividend yield but there are better options out there. To me its a SELL.

Very tempting thought,but considering over the period i have held it i have got about 70 shillings in dividends and if last years performance is sustained it means i may get back my initial investment back in two years by way of dividends only,why should i sell?...i am holding for the long term.
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