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Safaricom FY 2012-2013 results PBT up 47%
muganda
#1 Posted : Tuesday, May 14, 2013 7:30:08 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907

muganda
#2 Posted : Tuesday, May 14, 2013 7:59:53 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
@VVS So at a revised full year 2013 EPS of 0.44 the giant is priced at a P/E of 15.68

Do you see any upside maybe towards 7.50?

dunkang
#3 Posted : Tuesday, May 14, 2013 8:26:05 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
Receive with simplicity everything that happens to you.” ― Rashi

FUNKY
#4 Posted : Tuesday, May 14, 2013 8:26:54 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
DPS?
kinyash
#5 Posted : Tuesday, May 14, 2013 8:29:51 AM
Rank: Member

Joined: 10/16/2006
Posts: 21
DPS 0.31
hisah
#6 Posted : Tuesday, May 14, 2013 8:30:48 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Total revenue - 124.3B up 13%
PBT - 25.5B up 47%
EBITDA - 49.2 up 31%
EPS - 0.44 up 37.5%
DPS - 0.31 up 41%

All above my estimates esp DPS. Expected 25cts so 31cts is a huge plus for me smile

Voice revenue is still growing while I expected to see a flat or dip. Price war effects are now nullified. Solid double digit (28%) growth of non voice revenues (data,sms, mpesa). Other ISPs need to keep an eye on the data growth especially fixed data as the onslaught is getting strong. Free cashflow stands at 14.5B - a lot of fire power this. Mpesa revenues also brushed aside the excise tax, but still I hope gok remove this mobi cash tax when normal tax revenues get back to normal. This will enable the mobi cash tariffs to be lowered easily for broader usage impact. On the next reporting I hope they breakdown the mshwari numbers. Need to see the bolts and nuts of this product.

The muscular div hike means that mpesa bank is confident that it can now offer DPS above 30cts.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
The optimist
#7 Posted : Tuesday, May 14, 2013 8:30:52 AM
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Joined: 6/14/2010
Posts: 521
Location: Nairobi
mlennyma
#8 Posted : Tuesday, May 14, 2013 8:35:33 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Its good for the whole market when safcom does well.
"Don't let the fear of losing be greater than the excitement of winning."
The optimist
#9 Posted : Tuesday, May 14, 2013 8:35:41 AM
Rank: Member

Joined: 6/14/2010
Posts: 521
Location: Nairobi
The optimist wrote:


TOTAL REVENUE +16% to Kshs 124.3bn

VOICE REVENUE +13% to Kshs 77.7bn

NON-VOICE REVENUE +29% to Kshs 40.4bn

EBITDA +31% to Kshs 49.2bn

PROFIT BEFORE TAX +47% to Kshs 25.5bn

PROFIT AFTER TAX +38.9% to Ksh 17.54bn

FREE CASH FLOW +55% to Kshs 14.5bn

PROPOSED DIVIDEND PER SHARE+41% to Kshs 0.31
Jaina
#10 Posted : Tuesday, May 14, 2013 8:37:29 AM
Rank: Member

Joined: 5/13/2008
Posts: 558
Vodacom gets 4.96B and Mobitelea Bags 372M in dividends. Wow!.
Kweli NSE is not a Fish Market.

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