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.

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 awesome

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.

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Wacha ninunue BAT at less than 1/- per share!

2.8b is a lot of money for a feasibility study? its almost as much as profit after tax. is this company wasting too much money and dishing out too much dividend?? what's the angle

Kwani? Kusoma ni kazi? They are not fools. The 2.8bn includes the feasibility study AND a waste management system upgrade e.g lorries, loaders, management system and Abu's consultancy fee.

"The deal will see Bamburi, its anchor shareholder Lafarge and the French government invest Sh2.8 billion in funding a feasibility study and providing expertise and equipment to help boost the county’s waste management capacity."

And the French gov't is providing some of the funds. Possibly even LaFarge will do so directly. The Power Plant Project can become a subsidiary of Bamburi with other shareholders e.g. PROPARCO & LaFarge.
The main contribution of Bamburi is the KES 2bn in (unusable) land in addition to the KES 2.8bn & the capacity to absorb the waste. Bamburi already burns used tyres for fuel and the power plant is next to Haller Park. It is hard to re-use an abandoned mine but mark it up to 2bn and use it as the equity contribution for the Waste Power Plant. Smart!

The huge challenge will be to tackle pollution since the Bamburi area has become increasingly a residential/commercial area vs the former industrial/agricultural area.

@aguy - just had a look at the chart. This one for now is a pig with lipstick. Downside coming. Target 150 then 130.

what do u think is the cause? could be the bear be coming in (Knocking the door ) through BAMB

Total shares issued for BAT is 100 million, sijui BD wametoa wapi an extra 19 million.