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Kenya Power FY2017
Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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Ericsson wrote:[quote=Ebenyo][quote=Ericsson]2017 versus 2016 Profit before tax ksh.10.912bn vs 12.083bn Profit After tax ksh.7.266bn vs 7.197bn Dividend per share sh.0.5 vs 0.5 Cash and cash equivalents ksh.(1.15bn) vs 5.503bn Book closure 30th November 2017 AGM on 1st December 2017 Dividend payment date 31st January 2018 http://www.businessdaily...8616-sbsgx6z/index.html[/quote] Would you please provide a link to the full year results? There you go http://kenyanwallstreet....tains-dividend-kes-0-50[/quote] thanks @ Ericson. Towards the goal of financial freedom
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Rank: Veteran Joined: 11/13/2015 Posts: 1,653
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Quote:Electricity sales grew by 4.5% from 7,912 million units the previous year, to 8,272 million units in the period under review. This, combined with an improved average yield, led to 5.6% increase in sales revenue, from Shs. 87,081 million the previous year to Shs. 91,952 million. With the debt on their books how will Kenya power survive without a GoK bailout. How big is the bailout fund for KQ, mumias, uchumi, county govts? something must give.
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Counter has the cheapest PE of about 3 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: New-farer Joined: 3/3/2010 Posts: 79
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watesh wrote:I only buy this stock for dividends and diversification. As long as it gives me 5% dividend yield and higher i will buy then sell the stock at any point it rises. Parastatals rarely give meaningful growth in capital gains.
Horrible results but I am happy we have a dividend Watesh, glad to see I'm not the only one that's gravitating towards high yielding dividend stocks in this market. People don't realize you can actually live on dividends alone as passive income while still making capital gains. In the US I've seen portfolios that earn upwards of $40K a year as dividends alone from high yielding stocks from as low as $450K investment. In Kenya it's a little tricky since the companies only do two payments (interim and final) while in the US it's every quarter. Regardless, you can still make money via dividends in Kenya but you'd have to invest tens of millions in order to earn decent dividends that can sustain at least 70% of your annual expenses. Since you're into this, check out these four additions to your portfolio :) Williamson 10.03% Bamburi 7.84% StanChart 6.61% EA Cables 6.99% I didn't include BAT since I don't support their line of business. People are trying to live and yet they're killing more people. smh Knowledge is contagious...Infect truth!
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Afroblk wrote:watesh wrote:I only buy this stock for dividends and diversification. As long as it gives me 5% dividend yield and higher i will buy then sell the stock at any point it rises. Parastatals rarely give meaningful growth in capital gains.
Horrible results but I am happy we have a dividend Watesh, glad to see I'm not the only one that's gravitating towards high yielding dividend stocks in this market. People don't realize you can actually live on dividends alone as passive income while still making capital gains. In the US I've seen portfolios that earn upwards of $40K a year as dividends alone from high yielding stocks from as low as $450K investment. In Kenya it's a little tricky since the companies only do two payments (interim and final) while in the US it's every quarter. Regardless, you can still make money via dividends in Kenya but you'd have to invest tens of millions in order to earn decent dividends that can sustain at least 70% of your annual expenses. Since you're into this, check out these four additions to your portfolio :) Williamson 10.03% Bamburi 7.84% StanChart 6.61% EA Cables 6.99% I didn't include BAT since I don't support their line of business. People are trying to live and yet they're killing more people. smh Good analysis! I appreciate.  John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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wukan wrote:Quote:Electricity sales grew by 4.5% from 7,912 million units the previous year, to 8,272 million units in the period under review. This, combined with an improved average yield, led to 5.6% increase in sales revenue, from Shs. 87,081 million the previous year to Shs. 91,952 million. Electricity Sales Growth
Domestic grew by 13.1% Small Commercial -4.8% Commercial Industrial 2.3% Street Lighting 43.2% With the debt on their books how will Kenya power survive without a GoK bailout. How big is the bailout fund for KQ, mumias, uchumi, county govts? something must give. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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Afroblk wrote:watesh wrote:I only buy this stock for dividends and diversification. As long as it gives me 5% dividend yield and higher i will buy then sell the stock at any point it rises. Parastatals rarely give meaningful growth in capital gains.
Horrible results but I am happy we have a dividend Watesh, glad to see I'm not the only one that's gravitating towards high yielding dividend stocks in this market. People don't realize you can actually live on dividends alone as passive income while still making capital gains. In the US I've seen portfolios that earn upwards of $40K a year as dividends alone from high yielding stocks from as low as $450K investment. In Kenya it's a little tricky since the companies only do two payments (interim and final) while in the US it's every quarter. Regardless, you can still make money via dividends in Kenya but you'd have to invest tens of millions in order to earn decent dividends that can sustain at least 70% of your annual expenses. Since you're into this, check out these four additions to your portfolio :) Williamson 10.03% Bamburi 7.84% StanChart 6.61% EA Cables 6.99% I didn't include BAT since I don't support their line of business. People are trying to live and yet they're killing more people. smh One of my greatest regrets is not realizing power of dividend investing early in my investing career. If I had followed this strategy I guess I could be quite ahead in the game. My main focus was capital gains which was my earliest success points back then. With time however, I have realized the power of dividend investing strategy especially when combined with dividend re-investing. One of the cons is however that it needs time of at least 10 years for the benefits to be felt. Picking high yield stocks remains key to the success of this strategy as you have put it. There arr however other factors to consider such as payout ratios (should not be too high as to drain the business of future growth). One should also consider the dividend growth rate over a period of about 10 years to determine if the trend is favourable or not. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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Gatheuzi wrote:Afroblk wrote:watesh wrote:I only buy this stock for dividends and diversification. As long as it gives me 5% dividend yield and higher i will buy then sell the stock at any point it rises. Parastatals rarely give meaningful growth in capital gains.
Horrible results but I am happy we have a dividend Watesh, glad to see I'm not the only one that's gravitating towards high yielding dividend stocks in this market. People don't realize you can actually live on dividends alone as passive income while still making capital gains. In the US I've seen portfolios that earn upwards of $40K a year as dividends alone from high yielding stocks from as low as $450K investment. In Kenya it's a little tricky since the companies only do two payments (interim and final) while in the US it's every quarter. Regardless, you can still make money via dividends in Kenya but you'd have to invest tens of millions in order to earn decent dividends that can sustain at least 70% of your annual expenses. Since you're into this, check out these four additions to your portfolio :) Williamson 10.03% Bamburi 7.84% StanChart 6.61% EA Cables 6.99% I didn't include BAT since I don't support their line of business. People are trying to live and yet they're killing more people. smh One of my greatest regrets is not realizing power of dividend investing early in my investing career. If I had followed this strategy I guess I could be quite ahead in the game. My main focus was capital gains which was my earliest success points back then. With time however, I have realized the power of dividend investing strategy especially when combined with dividend re-investing. One of the cons is however that it needs time of at least 10 years for the benefits to be felt. Picking high yield stocks remains key to the success of this strategy as you have put it. There arr however other factors to consider such as payout ratios (should not be too high as to drain the business of future growth). One should also consider the dividend growth rate over a period of about 10 years to determine if the trend is favourable or not. @gatheuzi and @vvs need a separate thread on this discussion, considering their age
KQ ABP 4.26
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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@Obiero Kuwa careful ama Resistance Movement will come for you. Iko watu wanapenda dividends kama baba Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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Ericsson wrote:@Obiero
Kuwa careful ama Resistance Movement will come for you. Iko watu wanapenda dividends kama baba Tomorrow we witness selective Armageddon on some counters. Luckily I made it out of Financials and spiritedly tried to flee with my wazua brethren and sistren, some of whom have hearts similar to Pharaoh
KQ ABP 4.26
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