Wazua
»
Investor
»
Stocks
»
Longhorn Publishers HY Net Profit Drops By 24%
Rank: Elder Joined: 12/4/2009 Posts: 10,701 Location: NAIROBI
|
Longhorn Publishers, a provider of eLearning solutions, core and non-core learning materials within the East Africa region has a reported a 24 per cent decline in its half year net profit to Ksh 43.6 Million compared to Ksh 57.2 Million reported in the same period in 2015. The company which is majority owned by Centum Investment attributed the fall in revenues (-19%) to “a shift in the buying pattern in quarter three and the conscious decision by the board to discontinue low margin products. The company’s sales dropped by 19 per cent from Ksh 842.5 Million in 2015 to Ksh 684 Million while cost of sales declined to Ksh 318.6 Million from Ksh 480.9 Million in the half year period ended 2015. Operating expenses increased by 8 per cent to Ksh 306.5 Million. The board approved the payment of an interim dividend amounting to Ksh 25 Million for the year ending 30th June 2017 to be paid on or before 22nd May. Shareholder Register closes on 31st March.
Full results link https://view.publitas.co...od-ended-31st-dec-2016/
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
|
 Pesa Nane plans to be shilingi when he grows up.
|
|
|
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
|
Div payout Ksh. 25 Million Payable 22 May 2017 Closure 31 Mar 2017 Pesa Nane plans to be shilingi when he grows up.
|
|
|
Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
|
Pesa Nane wrote:Div payout Ksh. 25 Million
Payable 22 May 2017
Closure 31 Mar 2017 sasa hio ndio DPS ngapi? Towards the goal of financial freedom
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,701 Location: NAIROBI
|
Ebenyo wrote:Pesa Nane wrote:Div payout Ksh. 25 Million
Payable 22 May 2017
Closure 31 Mar 2017 sasa hio ndio DPS ngapi? Interim dividend Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
|
Ericsson wrote:Ebenyo wrote:Pesa Nane wrote:Div payout Ksh. 25 Million
Payable 22 May 2017
Closure 31 Mar 2017 sasa hio ndio DPS ngapi? Interim dividend i mean if u divide kshs 25 milion by longhor total outstanding shares inakuja how much dividend per share? Towards the goal of financial freedom
|
|
|
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
|
Ebenyo wrote:Ericsson wrote:Ebenyo wrote:Pesa Nane wrote:Div payout Ksh. 25 Million
Payable 22 May 2017
Closure 31 Mar 2017 sasa hio ndio DPS ngapi? Interim dividend i mean if u divide kshs 25 milion by longhor total outstanding shares inakuja how much dividend per share? @Ebenyo, that's just a fancy way of saying Ksh. 0.10 or simply 10 cents. Longhorn has 272+ million shares Pesa Nane plans to be shilingi when he grows up.
|
|
|
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
|
 Pesa Nane plans to be shilingi when he grows up.
|
|
|
Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
|
Pesa Nane wrote:Ebenyo wrote:Ericsson wrote:Ebenyo wrote:Pesa Nane wrote:Div payout Ksh. 25 Million
Payable 22 May 2017
Closure 31 Mar 2017 sasa hio ndio DPS ngapi? Interim dividend i mean if u divide kshs 25 milion by longhor total outstanding shares inakuja how much dividend per share? @Ebenyo, that's just a fancy way of saying Ksh. 0.10 or simply 10 cents. Longhorn has 272+ million shares very funny indeed.but something is better than nothing. Towards the goal of financial freedom
|
|
|
Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
|
Last year results came at this time.We aim for kshs 0.25 dps. Towards the goal of financial freedom
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,530 Location: nairobi
|
A zombie stock. Wouldn't touch it
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
|
obiero wrote:A zombie stock. Wouldn't touch it Im also fifty fifty in this company.Im waiting for full year results next week to either exit or stay.The HY 17 results were not impressive.The income was kshs 684,057,000 while the expenditure was kshs 640,493,000.This left a paltry profit of kshs 43,564,000.This represents a profit margin of only 6%.This is not good for me.I like good profit margins from 20% and above. They had a negative cash flow of kshs 3,432,000. This company was giving my portfolio some balance and diversity.Kcb,Nmg,Carbacid,kenre,co-op,Nse,unga.Planning to sell unga and buy Bamburi.Sell co-op and buy Barclays.Depending on the FY results,i might sell Longhorn and put the money into bamburi.I sold kengen and bought Nmg.That way i intend to have a very divesified portfolio. Towards the goal of financial freedom
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,530 Location: nairobi
|
Ebenyo wrote:obiero wrote:A zombie stock. Wouldn't touch it Im also fifty fifty in this company.Im waiting for full year results next week to either exit or stay.The HY 17 results were not impressive.The income was kshs 684,057,000 while the expenditure was kshs 640,493,000.This left a paltry profit of kshs 43,564,000.This represents a profit margin of only 6%.This is not good for me.I like good profit margins from 20% and above. They had a negative cash flow of kshs 3,432,000. This company was giving my portfolio some balance and diversity.Kcb,Nmg,Carbacid,kenre,co-op,Nse,unga.Planning to sell unga and buy Bamburi.Sell co-op and buy Barclays.Depending on the FY results,i might sell Longhorn and put the money into bamburi.I sold kengen and bought Nmg.That way i intend to have a very divesified portfolio. Wait. Did you mean sell Barclays to buy COOP?
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
|
obiero wrote:Ebenyo wrote:obiero wrote:A zombie stock. Wouldn't touch it Im also fifty fifty in this company.Im waiting for full year results next week to either exit or stay.The HY 17 results were not impressive.The income was kshs 684,057,000 while the expenditure was kshs 640,493,000.This left a paltry profit of kshs 43,564,000.This represents a profit margin of only 6%.This is not good for me.I like good profit margins from 20% and above. They had a negative cash flow of kshs 3,432,000. This company was giving my portfolio some balance and diversity.Kcb,Nmg,Carbacid,kenre,co-op,Nse,unga.Planning to sell unga and buy Bamburi.Sell co-op and buy Barclays.Depending on the FY results,i might sell Longhorn and put the money into bamburi.I sold kengen and bought Nmg.That way i intend to have a very divesified portfolio. Wait. Did you mean sell Barclays to buy COOP? Remember Mr.Young advice? aggresive banks vs non aggresive banks.I have both kcb and co-op which are aggresive.I was thinking to sell co-op and buy barclays to give my portfolio balance.Kcb aggresive and barclays non aggressive.VVS has Equity and I&M,at one time you had co-op and hfck.Ericson has co-op and barclays.Sparky has Equity and cfc.And the list goes on. Towards the goal of financial freedom
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,530 Location: nairobi
|
Ebenyo wrote:obiero wrote:Ebenyo wrote:obiero wrote:A zombie stock. Wouldn't touch it Im also fifty fifty in this company.Im waiting for full year results next week to either exit or stay.The HY 17 results were not impressive.The income was kshs 684,057,000 while the expenditure was kshs 640,493,000.This left a paltry profit of kshs 43,564,000.This represents a profit margin of only 6%.This is not good for me.I like good profit margins from 20% and above. They had a negative cash flow of kshs 3,432,000. This company was giving my portfolio some balance and diversity.Kcb,Nmg,Carbacid,kenre,co-op,Nse,unga.Planning to sell unga and buy Bamburi.Sell co-op and buy Barclays.Depending on the FY results,i might sell Longhorn and put the money into bamburi.I sold kengen and bought Nmg.That way i intend to have a very divesified portfolio. Wait. Did you mean sell Barclays to buy COOP? Remember Mr.Young advice? aggresive banks vs non aggresive banks.I have both kcb and co-op which are aggresive.I was thinking to sell co-op and buy barclays to give my portfolio balance.Kcb aggresive and barclays non aggressive.VVS has Equity and I&M,at one time you had co-op and hfck.Ericson has co-op and barclays.Sparky has Equity and cfc.And the list goes on. I sort of understand your point, but I believe COOP is a better bet in the short-term, than BBK
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Wazua
»
Investor
»
Stocks
»
Longhorn Publishers HY Net Profit Drops By 24%
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.
|