i have held kcb for the last three years.
My current dividend yield is 7%.
My current Abp is 38.20 which is 37% capital gains on the current price of 52.50.
Buy kcb and hold it for long.

This is a time to hold/sell. Not good for buying

https://www.businessdail...20872-uk44fq/index.html

Mwanyasi: Ignoring the market’s ups and downs entirely and remaining patient for a period lasting more than five years should reward you immensely.

Mwanyasi has a penchant of writing half-baked stuff on newspapers ignoring the fact that many wanjiku/laymen read his articles. The highlighted phrase above is one typical example of how a newspaper columnist can mislead the uneducated masses. While the statement might ring true on some counters( i.e., those with consistent growth/profitability, those that are less risky and with top notch management),this statement is totally false for some counters in the NSE which have consistently been reporting losses with no hope for profitability or growth in earnings in the next five years. Examples of such bad stocks in the NSE abound.Actually 70% of listed companies in the NSE are very risky investments due to corruption(e.g., Government controlled stocks such as Kenya power,Kengen, Mumias, Kenya re etc), others due to bad management/corporate governance e.g.,NBK, Deacons etc. Therefore, i advise wazuans to evaluate what to hold for longterm carefully lest they loose their hard earned cash

[quote=VituVingiSana]This could be interesting but not easy to pull off in Kenya. REITs haven't really taken off despite the tax advantages. https://www.businessdail...20810-hsxmyu/index.html[/quote]

Kenya's real estate sector is still relatively young. The first formal REIT came to the back only a couple of years. When I look at the informal reits that own the River road areas of the city I can say they've really taken off. They pay very good 'dividends' every year without fail. To pull of the D-Reit it's better to work with the saccos instead of pension scheme. Pension schemes trustees are risk averse.