wazua Fri, Mar 27, 2026
Welcome Guest Search | Active Topics | Log In

3 Pages123>
8.5% dividend yield in NSE bull market, can you believe it?
Options
Previous Topic · Next Topic
Aguytrying
#1 Posted : Saturday, August 30, 2014 7:29:22 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Bamburi cement has an interim dividend of 6.00 closing in 1 week. They are likely to give at least 8.00 at FY 2014. 14.00 divided by 165.00 share price= 8.5% yield.

I'm I the only one seeing this?
I'm I missing something?
I'm shooting first ask questions later.
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
whiteowl
#2 Posted : Saturday, August 30, 2014 8:28:11 AM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
Once the IMF taxation effect is felt, the industrials will surely bleed though the upcoming infrastructure projects can redeem them and you can enjoy your 8.5% DVD for 2 more years.
Back to top
  |
Gordon Gekko
#3 Posted : Saturday, August 30, 2014 9:56:37 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Aguytrying wrote:
Bamburi cement has an interim dividend of 6.00 closing in 1 week. They are likely to give at least 8.00 at FY 2014. 14.00 divided by 165.00 share price= 8.5% yield.

I'm I the only one seeing this?
I'm I missing something?
I'm shooting first ask questions later.

Ksh 6/- wasn't a shift in dividend policy but a one off
Back to top
  |
S.Mutaga III
#4 Posted : Saturday, August 30, 2014 11:01:05 AM
Rank: Member

Joined: 3/26/2012
Posts: 830
Longhorn Interim dividend 0.8 and final dividend is 0.8....total dividend 1.60...last traded price was 15.95....isnt that a 10 % dividend yield? one of the reasons why I bought the counter at 14.7 ... the company recorded a 78% in its half year profits this year....FY2014 is likely to be awesomesmile smile smile
A successful man is not he who gets the best, it is he who makes the best from what he gets.
Back to top
  | | Edit by user: Saturday, August 30, 2014 11:02 AM | Reason: Not specified
Mart_Consult
#5 Posted : Saturday, August 30, 2014 11:46:07 AM
Rank: Member

Joined: 11/7/2013
Posts: 127
Location: Nairobi, Kenya
S.Mutaga III wrote:
Longhorn Interim dividend 0.8 and final dividend is 0.8....total dividend 1.60...last traded price was 15.95....isnt that a 10 % dividend yield? one of the reasons why I bought the counter at 14.7 ... the company recorded a 78% in its half year profits this year....FY2014 is likely to be awesomesmile smile smile


You seem to be ahead of all of us here...the interim 0.8 last paid was in respect to 9 months of 2013 year...FY 2013 comes out in Sept. ...they haven't posted half year results for 2014 yet...seeing as they are just beginning the year...! The other 0.8 was dividend for FY 2012.

But, do tell, are you a fortune teller? Pray Laughing out loudly Liar

I went into the (Ferry) industry knowing the same thing I knew with all other businesses I went into- Nothing. Then I built it from there. - Sheldon Adelson (Titans at the Table- Giants of Macau)
Back to top
  |
Pesa Nane
#6 Posted : Saturday, August 30, 2014 2:51:15 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Aguytrying wrote:
Bamburi cement has an interim dividend of 6.00 closing in 1 week. They are likely to give at least 8.00 at FY 2014. 14.00 divided by 165.00 share price= 8.5% yield.

I'm I the only one seeing this? Got me some recently at Ksh. 166
I'm I missing something? The intrigues of declaring a dividend before results and then not being able to timely release the interim results hence extension of closure dates from 4th July to 5th September are fresh in my mind
I'm shooting first ask questions later.



Pros:
.High dividend yield (celebrating 60 yrs)
.Stronger 2HY expected (Eurobond=infrastructure spending, SGR=cement demand,)
.Product innovation, R&D

Cons:
.Operating profits, PBT, PAT, all down vs 1HY2013
.Higher power costs in Kenya
.Introduction of mining levy in Kenya
.Shrinking South Sudan market due to conflict

WildCards: Effective control by Holcim + association with LafargeHolcim...
Pesa Nane plans to be shilingi when he grows up.
Back to top
  |
Pesa Nane
#7 Posted : Tuesday, September 02, 2014 8:42:15 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Hype is "....Bamburi top club of millionaire counters at bourse"
Pesa Nane plans to be shilingi when he grows up.
Back to top
  |
Angelica _ann
#8 Posted : Tuesday, September 02, 2014 10:46:56 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Pesa Nane wrote:
Hype is "....Bamburi top club of millionaire counters at bourse"


BD - BAT’s top local shareholders at end of May were Shantilal Patel and Meghji Shah with 119 million shares valued at Sh94 million at current market rate.

??????????????
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top
  |
Aguytrying
#9 Posted : Tuesday, September 02, 2014 7:46:47 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
this is like the housing finance play all over again. high dividend yeild. low share price until investors are sure there's something wrong. let's hope there isn't
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
VituVingiSana
#10 Posted : Tuesday, September 02, 2014 9:10:07 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
Angelica _ann wrote:
Pesa Nane wrote:
Hype is "....Bamburi top club of millionaire counters at bourse"


BD - BAT’s top local shareholders at end of May were Shantilal Patel and Meghji Shah with 119 million shares valued at Sh94 million at current market rate.

??????????????
Wacha ninunue BAT at less than 1/- per share!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
3 Pages123>
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.