wazua Fri, Jan 10, 2025
Welcome Guest Search | Active Topics | Log In | Register

7 Pages<1234>»
Safaricom Special Dividend?
Options
Previous Topic · Next Topic
Metasploit
#21 Posted : Tuesday, July 26, 2016 10:52:00 AM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Applause Applause
Sufficiently Philanga....thropic wrote:
Metasploit wrote:
Sufficiently Philanga....thropic wrote:
Supply at 19 taken out.
@Metaspoilt must really be happysmile


Philanga i have 80% of my portfolio on this after staying out of stocks for long (mid 2015) till i saw britam rise from 10 to 16 and had to come back


Applause Applause Applause
Opportunities for traders to bail out at KES.20 or more, jump back in at 10% less before Sept 2nd then sit back and graze on the nice divssmile


“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Back to top
 Report Abusive | Report SPAM
Sufficiently Philanga....thropic
#22 Posted : Tuesday, July 26, 2016 10:54:16 AM
Rank: Elder


Joined: 9/23/2010
Posts: 2,221
Location: Sundowner,Amboseli
At KES.19, Scom's Mkt capitalisation is KES.761.243B vs NSE's 1,996.477B.

This means Safaricom is 38.13% of the NSE Mkt capitalisationwise.
@SufficientlyP
Back to top
 Report Abusive | Report SPAM
Othelo
#23 Posted : Tuesday, July 26, 2016 11:04:07 AM
Rank: User


Joined: 1/20/2014
Posts: 3,528
watesh wrote:
Now that share price aint dropping...I jumped out of this bus at 18 and now a special dividend!!!???

Pole, lakini Laughing out loudly Laughing out loudly Laughing out loudly
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
Back to top
 Report Abusive | Report SPAM
Mangs
#24 Posted : Tuesday, July 26, 2016 11:06:31 AM
Rank: New-farer


Joined: 9/12/2014
Posts: 31
Metasploit wrote:
Applause Applause
Sufficiently Philanga....thropic wrote:
Metasploit wrote:
Sufficiently Philanga....thropic wrote:
Supply at 19 taken out.
@Metaspoilt must really be happysmile


Philanga i have 80% of my portfolio on this after staying out of stocks for long (mid 2015) till i saw britam rise from 10 to 16 and had to come back


Applause Applause Applause
Opportunities for traders to bail out at KES.20 or more, jump back in at 10% less before Sept 2nd then sit back and graze on the nice divssmile



Won't your gains be wiped out by the broker fees if you do that? Why not just hang around and play the DCA card when the price dip comes?
Back to top
 Report Abusive | Report SPAM
watesh
#25 Posted : Tuesday, July 26, 2016 11:13:40 AM
Rank: Veteran


Joined: 8/10/2014
Posts: 977
Location: Kenya
Demand skyrocketed to 5.8 million shares vs supply of 600k shares
Back to top
WWW
 Report Abusive | Report SPAM
Sufficiently Philanga....thropic
#26 Posted : Tuesday, July 26, 2016 11:14:56 AM
Rank: Elder


Joined: 9/23/2010
Posts: 2,221
Location: Sundowner,Amboseli
@Mang, traders create a market. I'd tell you more about trading, but let me leave it at that.
@SufficientlyP
Back to top
 Report Abusive | Report SPAM
Sufficiently Philanga....thropic
#27 Posted : Tuesday, July 26, 2016 11:25:15 AM
Rank: Elder


Joined: 9/23/2010
Posts: 2,221
Location: Sundowner,Amboseli
Sufficiently Philanga....thropic wrote:
The top is nigh.


This is to the newbies.
@SufficientlyP
Back to top
 Report Abusive | Report SPAM
Metasploit
#28 Posted : Tuesday, July 26, 2016 11:26:49 AM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
What is the source of the 0.68 interim ?

They should have announced it on H1 results

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Back to top
 Report Abusive | Report SPAM
hisah
#29 Posted : Tuesday, July 26, 2016 11:27:35 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
So this is why the 15.00 handle was being defended so vigorously! The demand (vol spike) down there was always bulldozing the sellers.

@spikes will you buy at KES 20?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
Metasploit
#30 Posted : Tuesday, July 26, 2016 11:43:00 AM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
hisah wrote:
So this is why the 15.00 handle was being defended so vigorously! The demand (vol spike) down there was always bulldozing the sellers.

@spikes will you buy at KES 20?


At KES 20,the dividend yield is 7.2%

This info has not trickled down..Big money will chase for this yield.After all we have negative yields on some European bonds

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Back to top
 Report Abusive | Report SPAM
Spikes
#31 Posted : Tuesday, July 26, 2016 11:47:18 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
hisah wrote:
So this is why the 15.00 handle was being defended so vigorously! The demand (vol spike) down there was always bulldozing the sellers.

@spikes will you buy at KES 20?



I wouldn't buy at KES 20/. I don't have cash now. These Safcom guys are very clever; for this one I am thrown out of balance. I wanted to enter ex dividend's inevitably imminent plunge as you know the bear is more venomous than before. The timing is apparently staged managed to fortify PPT as CBK has lowered benchmark lending rate by 10%. Let me watch telco bull as it gets exhausted at KES 25/-
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Back to top
 Report Abusive | Report SPAM
hisah
#32 Posted : Tuesday, July 26, 2016 11:55:14 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Sufficiently Philanga....thropic wrote:
Sufficiently Philanga....thropic wrote:
The top is nigh.


This is to the newbies.

New all time high intraday is 19.20. Bids are now trimming back towards 18.50 (former resistance) to rope in more bid power.

Total div payout KES 1.44. As @metaspoilt states the dividend yield is too good to ignore. Does the interim div mean that mpesa bank has now officially crossed the KES 1.00 threshold?

Trailing div yield was 4.22% at KES 18. Theoretically after factoring the interim div and maintaining the same div yield the price projection is KES 34.

Can mpesa bank sustain such a div payout for year 2016/7 to justify that price rally?

Now imagine if mpesa bank can sustain such a payout in a bullish market...! Crazy PER coming up!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
Sufficiently Philanga....thropic
#33 Posted : Tuesday, July 26, 2016 12:05:31 PM
Rank: Elder


Joined: 9/23/2010
Posts: 2,221
Location: Sundowner,Amboseli
This is a special dividend, a one-off dividend according to the board and as such can be misleading if included when calculating the dividend yield.
Best practise would be to pick your preferred div yield and then add the special div to the resulting price to arrive at your preferred buying price.
Having said that, Safaricom is a Great stock, with a promising future and no proper competitor for now and hence should be in every investors basket.
@SufficientlyP
Back to top
 Report Abusive | Report SPAM
Realcement
#34 Posted : Tuesday, July 26, 2016 12:11:48 PM
Rank: Member


Joined: 7/21/2014
Posts: 100
Location: Ghana

@young was partially correct on this one, at least for safaricom.


http://wazua.co.ke/forum...px?g=posts&m=514390


Long term investment pays
Back to top
WWW
 Report Abusive | Report SPAM
Ebenyo
#35 Posted : Tuesday, July 26, 2016 12:22:00 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
This is very sweet news indeed.Unfortunately i might not see my average buying price of 16.20 soon.
Towards the goal of financial freedom
Back to top
 Report Abusive | Report SPAM
Metasploit
#36 Posted : Tuesday, July 26, 2016 12:33:26 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
Even with interim,short term resistance is 18.80-19.10

Let see the candles stick at close of day

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Back to top
 Report Abusive | Report SPAM
Metasploit
#37 Posted : Tuesday, July 26, 2016 12:36:02 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
oh..and Equity and safcom are twins.

They correct and rally simultaneously.

Equity doing close to 10% from the last bottom (36.25)

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Back to top
 Report Abusive | Report SPAM
Aguytrying
#38 Posted : Tuesday, July 26, 2016 12:58:18 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Congrats to saf investors. All we can do is watch
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
 Report Abusive | Report SPAM
shiznit
#39 Posted : Tuesday, July 26, 2016 1:36:41 PM
Rank: New-farer


Joined: 5/21/2013
Posts: 72
Location: KENYA
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
Back to top
 Report Abusive | Report SPAM
Othelo
#40 Posted : Tuesday, July 26, 2016 1:41:57 PM
Rank: User


Joined: 1/20/2014
Posts: 3,528
shiznit wrote:

Akwende huko, this is Kenya. Let him not spoil the party smile smile smile
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (6)
7 Pages<1234>»
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 © 2025 Wazua.co.ke. All Rights Reserved.