wazua Sat, Sep 26, 2026
Welcome Guest Search | Active Topics | Log In

2 Pages<12
BAT (K) FY2012 Results
Options
Previous Topic · Next Topic
obiero
#11 Posted : Friday, March 01, 2013 11:43:11 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,477
Location: nairobi
VituVingiSana wrote:
dunkang wrote:
Aguytrying wrote:
dunkang wrote:
Donwnload it here

Turnover up 6p.c to 30.5B from 28.8B
PBT up to 4.75B from 4.48B
PAT up to 3.27B from 3.09B
EPS up to 32.71 from 30.98
Dividend up to 32.5 from 30.5


Question. Now that all the profits are paid out as dividends. Where do they acquire cash for other needs. And is this A wise model?

BAT is used to giving out almost everything. Its a mature firm with no need to expand just like BBK and Stanchart.
Remember BAT has branches everywhere so its confined to Kenya.
Actually, BBK & SCBK are (almost) in the same boat. The expansion (needs) in Kenya have matured.

Bralirwa in Rwanda also has a 100% dividend payout ratio from its profits hence its never ending rise in share price..
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
Back to top
WWW
  |
dunkang
#12 Posted : Friday, March 01, 2013 11:51:50 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
obiero wrote:
VituVingiSana wrote:
dunkang wrote:
Aguytrying wrote:
dunkang wrote:
Donwnload it here

Turnover up 6p.c to 30.5B from 28.8B
PBT up to 4.75B from 4.48B
PAT up to 3.27B from 3.09B
EPS up to 32.71 from 30.98
Dividend up to 32.5 from 30.5


Question. Now that all the profits are paid out as dividends. Where do they acquire cash for other needs. And is this A wise model?

BAT is used to giving out almost everything. Its a mature firm with no need to expand just like BBK and Stanchart.
Remember BAT has branches everywhere so its confined to Kenya.
Actually, BBK & SCBK are (almost) in the same boat. The expansion (needs) in Kenya have matured.

Bralirwa in Rwanda also has a 100% dividend payout ratio from its profits hence its never ending rise in share price..

Safcom is also geographically limited, so +90p.c payout in the near future, or?
Receive with simplicity everything that happens to you.” ― Rashi

Back to top
  |
VituVingiSana
#13 Posted : Friday, March 01, 2013 12:41:03 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,439
Location: Nairobi
dunkang wrote:
obiero wrote:
VituVingiSana wrote:
dunkang wrote:
Aguytrying wrote:
dunkang wrote:
Donwnload it here

Turnover up 6p.c to 30.5B from 28.8B
PBT up to 4.75B from 4.48B
PAT up to 3.27B from 3.09B
EPS up to 32.71 from 30.98
Dividend up to 32.5 from 30.5


Question. Now that all the profits are paid out as dividends. Where do they acquire cash for other needs. And is this A wise model?

BAT is used to giving out almost everything. Its a mature firm with no need to expand just like BBK and Stanchart.
Remember BAT has branches everywhere so its confined to Kenya.
Actually, BBK & SCBK are (almost) in the same boat. The expansion (needs) in Kenya have matured.

Bralirwa in Rwanda also has a 100% dividend payout ratio from its profits hence its never ending rise in share price..

Safcom is also geographically limited, so +90p.c payout in the near future, or?
No, they need to invest in upgrading the network to handle more data. They are far more mature coz Kenya is 'under-served' as far as telcoms/data is concerned.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
ChessMaster
#14 Posted : Friday, March 01, 2013 12:46:51 PM
Rank: Elder

Joined: 2/23/2009
Posts: 1,626
VituVingiSana wrote:
dunkang wrote:
obiero wrote:
VituVingiSana wrote:
dunkang wrote:
Aguytrying wrote:
dunkang wrote:
Donwnload it here

Turnover up 6p.c to 30.5B from 28.8B
PBT up to 4.75B from 4.48B
PAT up to 3.27B from 3.09B
EPS up to 32.71 from 30.98
Dividend up to 32.5 from 30.5


Question. Now that all the profits are paid out as dividends. Where do they acquire cash for other needs. And is this A wise model?

BAT is used to giving out almost everything. Its a mature firm with no need to expand just like BBK and Stanchart.
Remember BAT has branches everywhere so its confined to Kenya.
Actually, BBK & SCBK are (almost) in the same boat. The expansion (needs) in Kenya have matured.

Bralirwa in Rwanda also has a 100% dividend payout ratio from its profits hence its never ending rise in share price..

Safcom is also geographically limited, so +90p.c payout in the near future, or?
No, they need to invest in upgrading the network to handle more data. They are far more mature coz Kenya is 'under-served' as far as telcoms/data is concerned.

I second that.
Uncertainty is certain.Let go
Back to top
  |
VituVingiSana
#15 Posted : Friday, March 01, 2013 2:38:15 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,439
Location: Nairobi
ChessMaster wrote:
VituVingiSana wrote:
dunkang wrote:
obiero wrote:
VituVingiSana wrote:
dunkang wrote:
Aguytrying wrote:
dunkang wrote:
Donwnload it here

Turnover up 6p.c to 30.5B from 28.8B
PBT up to 4.75B from 4.48B
PAT up to 3.27B from 3.09B
EPS up to 32.71 from 30.98
Dividend up to 32.5 from 30.5


Question. Now that all the profits are paid out as dividends. Where do they acquire cash for other needs. And is this A wise model?

BAT is used to giving out almost everything. Its a mature firm with no need to expand just like BBK and Stanchart.
Remember BAT has branches everywhere so its confined to Kenya.
Actually, BBK & SCBK are (almost) in the same boat. The expansion (needs) in Kenya have matured.

Bralirwa in Rwanda also has a 100% dividend payout ratio from its profits hence its never ending rise in share price..

Safcom is also geographically limited, so +90p.c payout in the near future, or?
No, they need to invest in upgrading the network to handle more data. They are far more mature coz Kenya is 'under-served' as far as telcoms/data is concerned.

I second that.
Oops! I meant Safaricom is NOT as 'mature' in an 'immature' market therefore re-investment is required. Safcom has a 5-year project to build a fibre network around Nairobi. Furthermore, they need to invest in more 3G base stations as well as prepare for LTE. Data is where it is at!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
symbols
#16 Posted : Monday, March 25, 2013 9:30:14 PM
Rank: Elder

Joined: 3/19/2013
Posts: 2,552
One word,SWITCH!
Back to top
  |
2 Pages<12
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.