Wazua
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BAT Kenya HY16
Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Pesa Nane wrote:MaichBlack wrote:VituVingiSana wrote:I did not have many BAT but I regret selling them off a few years ago. I think they were 250-ish back then. There was a movement against BAT/tobacco with higher taxes, more regulation, crackdown on ads, etc.
As a non-smoker, I thought smoking would reduce substantially with the higher prices on cigarettes but I under-estimated the will of smokers to smoke come what may.
I thought BAT's profits would stagnate but was I wrong... Profits have been increasing and with the 100% Dividend Payout.. it just gets better.
A well-managed PRIVATE firm.
*IMHO, a nasty & unhealthy habit and even if I were a shareholder, I would encourage people NOT to smoke* Warren Buffett famously stated, "I'll tell you why I like the cigarette business. It costs a penny to make. Sell it for a dollar. (haram) It's addictive. (haram) And there's fantastic fanatical brand loyalty. (haram)" What would a fair price be for this resilient stock in a bear market? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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@vvs remember this thread http://m.wazua.co.ke/for...posts&t=7164&p=2Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,131 Location: Nairobi
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[quote=sparkly]@vvs remember this thread http://m.wazua.co.ke/for...osts&t=7164&p=2[/quote] Some folks are trying to be holier-than-thou. I regret selling my BAT instead of buying more. I remain opposed to smoking until a 'healthy' alternative is found. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,564 Location: nairobi
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VituVingiSana wrote:[quote=sparkly]@vvs remember this thread http://m.wazua.co.ke/for...osts&t=7164&p=2[/quote] Some folks are trying to be holier-than-thou. I regret selling my BAT instead of buying more. I remain opposed to smoking until a 'healthy' alternative is found. I keep telling @wazua that this man cannot be trusted. His DNA resembles that of Hon Kalonzo. Selling at a loss is his raison d'etre
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi
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Ebenyo wrote:BAT is just a dividend paying stock.Hii ni ya wazee wa 60-70 years hivi. isn't the government also pocketing too much??  "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 3/3/2016 Posts: 132
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VituVingiSana wrote:I did not have many BAT but I regret selling them off a few years ago. I think they were 250-ish back then. There was a movement against BAT/tobacco with higher taxes, more regulation, crackdown on ads, etc.
As a non-smoker, I thought smoking would reduce substantially with the higher prices on cigarettes but I under-estimated the will of smokers to smoke come what may.
I thought BAT's profits would stagnate but was I wrong... Profits have been increasing and with the 100% Dividend Payout.. it just gets better.
A well-managed PRIVATE firm.
*IMHO, a nasty & unhealthy habit and even if I were a shareholder, I would encourage people NOT to smoke* LOL. This is me exactly. My other regret is that I did not buy it after. Always thought it was expensive, at 300, 400, 500, and so on to the present. Same story with Safaricom
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Rank: Chief Joined: 1/3/2007 Posts: 18,131 Location: Nairobi
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obiero wrote:VituVingiSana wrote:[quote=sparkly]@vvs remember this thread http://m.wazua.co.ke/for...osts&t=7164&p=2[/quote] Some folks are trying to be holier-than-thou. I regret selling my BAT instead of buying more. I remain opposed to smoking until a 'healthy' alternative is found. I keep telling @wazua that this man cannot be trusted. His DNA resembles that of Hon Kalonzo. Selling at a loss is his raison d'etre  I am still waiting for your contact info so I can provide the address or account where you can send the 100k. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,564 Location: nairobi
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Plimsoul wrote:VituVingiSana wrote:I did not have many BAT but I regret selling them off a few years ago. I think they were 250-ish back then. There was a movement against BAT/tobacco with higher taxes, more regulation, crackdown on ads, etc.
As a non-smoker, I thought smoking would reduce substantially with the higher prices on cigarettes but I under-estimated the will of smokers to smoke come what may.
I thought BAT's profits would stagnate but was I wrong... Profits have been increasing and with the 100% Dividend Payout.. it just gets better.
A well-managed PRIVATE firm.
*IMHO, a nasty & unhealthy habit and even if I were a shareholder, I would encourage people NOT to smoke* LOL. This is me exactly. My other regret is that I did not buy it after. Always thought it was expensive, at 300, 400, 500, and so on to the present. Same story with Safaricom Pole to you. Hope the point taken, lesson learned.. @vvs is a master in premature speculation
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 3/3/2016 Posts: 132
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obiero wrote:Plimsoul wrote:VituVingiSana wrote:I did not have many BAT but I regret selling them off a few years ago. I think they were 250-ish back then. There was a movement against BAT/tobacco with higher taxes, more regulation, crackdown on ads, etc.
As a non-smoker, I thought smoking would reduce substantially with the higher prices on cigarettes but I under-estimated the will of smokers to smoke come what may.
I thought BAT's profits would stagnate but was I wrong... Profits have been increasing and with the 100% Dividend Payout.. it just gets better.
A well-managed PRIVATE firm.
*IMHO, a nasty & unhealthy habit and even if I were a shareholder, I would encourage people NOT to smoke* LOL. This is me exactly. My other regret is that I did not buy it after. Always thought it was expensive, at 300, 400, 500, and so on to the present. Same story with Safaricom Pole to you. Hope the point taken, lesson learned.. @vvs is a master in premature speculation Thanks. Wait, is KQ over 80% of your portfolio? You've really bet it all on it haven't you? Wow
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Rank: Elder Joined: 6/23/2009 Posts: 13,564 Location: nairobi
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Plimsoul wrote:obiero wrote:Plimsoul wrote:VituVingiSana wrote:I did not have many BAT but I regret selling them off a few years ago. I think they were 250-ish back then. There was a movement against BAT/tobacco with higher taxes, more regulation, crackdown on ads, etc.
As a non-smoker, I thought smoking would reduce substantially with the higher prices on cigarettes but I under-estimated the will of smokers to smoke come what may.
I thought BAT's profits would stagnate but was I wrong... Profits have been increasing and with the 100% Dividend Payout.. it just gets better.
A well-managed PRIVATE firm.
*IMHO, a nasty & unhealthy habit and even if I were a shareholder, I would encourage people NOT to smoke* LOL. This is me exactly. My other regret is that I did not buy it after. Always thought it was expensive, at 300, 400, 500, and so on to the present. Same story with Safaricom Pole to you. Hope the point taken, lesson learned.. @vvs is a master in premature speculation Thanks. Wait, is KQ over 80% of your portfolio? You've really bet it all on it haven't you? Wow Yes I have.. Though overall portfolio of tangible wealth, it's less than 4%
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 3/3/2016 Posts: 132
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obiero wrote:Plimsoul wrote:obiero wrote:Plimsoul wrote:VituVingiSana wrote:I did not have many BAT but I regret selling them off a few years ago. I think they were 250-ish back then. There was a movement against BAT/tobacco with higher taxes, more regulation, crackdown on ads, etc.
As a non-smoker, I thought smoking would reduce substantially with the higher prices on cigarettes but I under-estimated the will of smokers to smoke come what may.
I thought BAT's profits would stagnate but was I wrong... Profits have been increasing and with the 100% Dividend Payout.. it just gets better.
A well-managed PRIVATE firm.
*IMHO, a nasty & unhealthy habit and even if I were a shareholder, I would encourage people NOT to smoke* LOL. This is me exactly. My other regret is that I did not buy it after. Always thought it was expensive, at 300, 400, 500, and so on to the present. Same story with Safaricom Pole to you. Hope the point taken, lesson learned.. @vvs is a master in premature speculation Thanks. Wait, is KQ over 80% of your portfolio? You've really bet it all on it haven't you? Wow Yes I have.. Though overall portfolio of tangible wealth, it's less than 4% Csn I ask how old you are?
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Rank: Elder Joined: 6/23/2009 Posts: 13,564 Location: nairobi
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Plimsoul wrote:obiero wrote:Plimsoul wrote:obiero wrote:Plimsoul wrote:VituVingiSana wrote:I did not have many BAT but I regret selling them off a few years ago. I think they were 250-ish back then. There was a movement against BAT/tobacco with higher taxes, more regulation, crackdown on ads, etc.
As a non-smoker, I thought smoking would reduce substantially with the higher prices on cigarettes but I under-estimated the will of smokers to smoke come what may.
I thought BAT's profits would stagnate but was I wrong... Profits have been increasing and with the 100% Dividend Payout.. it just gets better.
A well-managed PRIVATE firm.
*IMHO, a nasty & unhealthy habit and even if I were a shareholder, I would encourage people NOT to smoke* LOL. This is me exactly. My other regret is that I did not buy it after. Always thought it was expensive, at 300, 400, 500, and so on to the present. Same story with Safaricom Pole to you. Hope the point taken, lesson learned.. @vvs is a master in premature speculation Thanks. Wait, is KQ over 80% of your portfolio? You've really bet it all on it haven't you? Wow Yes I have.. Though overall portfolio of tangible wealth, it's less than 4% Csn I ask how old you are? Close to 30
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 3/3/2016 Posts: 132
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obiero wrote:Plimsoul wrote:obiero wrote:Plimsoul wrote:obiero wrote:Plimsoul wrote:VituVingiSana wrote:I did not have many BAT but I regret selling them off a few years ago. I think they were 250-ish back then. There was a movement against BAT/tobacco with higher taxes, more regulation, crackdown on ads, etc.
As a non-smoker, I thought smoking would reduce substantially with the higher prices on cigarettes but I under-estimated the will of smokers to smoke come what may.
I thought BAT's profits would stagnate but was I wrong... Profits have been increasing and with the 100% Dividend Payout.. it just gets better.
A well-managed PRIVATE firm.
*IMHO, a nasty & unhealthy habit and even if I were a shareholder, I would encourage people NOT to smoke* LOL. This is me exactly. My other regret is that I did not buy it after. Always thought it was expensive, at 300, 400, 500, and so on to the present. Same story with Safaricom Pole to you. Hope the point taken, lesson learned.. @vvs is a master in premature speculation Thanks. Wait, is KQ over 80% of your portfolio? You've really bet it all on it haven't you? Wow Yes I have.. Though overall portfolio of tangible wealth, it's less than 4% Csn I ask how old you are? Close to 30 Wow. I was going to criticize, but that's impressive. You've done well for yourself. Well done. Having 18m at 30, you are obviously doing something right. Keep it up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Oduor-Otieno be like .."naona heri nirudi nyumbani..."  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 6/23/2009 Posts: 13,564 Location: nairobi
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Plimsoul wrote:obiero wrote:Plimsoul wrote:obiero wrote:Plimsoul wrote:obiero wrote:Plimsoul wrote:VituVingiSana wrote:I did not have many BAT but I regret selling them off a few years ago. I think they were 250-ish back then. There was a movement against BAT/tobacco with higher taxes, more regulation, crackdown on ads, etc.
As a non-smoker, I thought smoking would reduce substantially with the higher prices on cigarettes but I under-estimated the will of smokers to smoke come what may.
I thought BAT's profits would stagnate but was I wrong... Profits have been increasing and with the 100% Dividend Payout.. it just gets better.
A well-managed PRIVATE firm.
*IMHO, a nasty & unhealthy habit and even if I were a shareholder, I would encourage people NOT to smoke* LOL. This is me exactly. My other regret is that I did not buy it after. Always thought it was expensive, at 300, 400, 500, and so on to the present. Same story with Safaricom Pole to you. Hope the point taken, lesson learned.. @vvs is a master in premature speculation Thanks. Wait, is KQ over 80% of your portfolio? You've really bet it all on it haven't you? Wow Yes I have.. Though overall portfolio of tangible wealth, it's less than 4% Csn I ask how old you are? Close to 30 Wow. I was going to criticize, but that's impressive. You've done well for yourself. Well done. Having 18m at 30, you are obviously doing something right. Keep it up. BAT now faces a cut of KES 0.15B per year as part of the Tobacco Ammendment Bill.. Funds to be collated to a Tobacco Fund.. This government..
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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 Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Philip Lopokoiyit resigns as Finance Director 
LINK to web as we await Admin@Wazua admin the photos are NOT loading.Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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[quote=Pesa Nane]Philip Lopokoiyit resigns as Finance Director
does 'other interests'= politics?
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Rank: Chief Joined: 1/3/2007 Posts: 18,131 Location: Nairobi
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Chaka wrote:[quote=Pesa Nane]Philip Lopokoiyit resigns as Finance Director
does 'other interests'= politics? If true then shows how lucrative politics is that he would leave a high flying job with great benefits and career path for politics! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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