sparkly wrote:Ericsson wrote:sparkly wrote:Angelica _ann wrote:Guys will be left holding another GoK monkey.
Let's see after the results. I expect PAT to be in the region of 1.2-1.4 per share.
Dividend will be in the region 0.15-0.25 per share
If they don't pay a dividend, there will be a mass exodus.
I give it a 0.2 chance of dividend.
In other terms, the chances of a dividend are slim.
This is due to the following:
- The hawkish nature of the managing director; Rebecca Miano. That woman radiates delayed gratification; which is a good thing in the long run.
- A list of capital intensive projects with commissioning dates between 2019 and 2020.
I would prescribe a slow accumulation on this counter over the years.
Disruption by new market entrants (300 MW Lake Turkana Wind Power Project) and a depressed manufacturing sector are the major threats to this counter.
It will be interesting to see how this part of the play turns out.