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Safaricom FY 2018/19
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VituVingiSana
#41 Posted : Friday, May 03, 2019 9:08:23 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
young wrote:
murchr wrote:
That's close to $1bn


UPDATE
$1bn = ksh 999.999bn +1

Not
Ksh 99.99bn +1

USD 1bn = (approx) KES 100bn so the "Ksh 99.99bn +1" it is.

What's nuts is that Safcom is 45%-ish of the total value of the NSE.
If the "zombies" are eliminated then Safcom is close to 50%.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#42 Posted : Friday, May 03, 2019 11:04:14 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Safaricom CEO Bob Collymore has said he is not leaving in August
Wealth is built through a relatively simple equation
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kawi254
#43 Posted : Friday, May 03, 2019 11:09:38 PM
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Location: Nairobi
Ericsson wrote:
Safaricom CEO Bob Collymore has said he is not leaving in August


Michael Joseph has never left.
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Ericsson
#44 Posted : Friday, May 03, 2019 11:44:26 PM
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kawi254 wrote:
Ericsson wrote:
Safaricom CEO Bob Collymore has said he is not leaving in August


Michael Joseph has never left.

As the CEO left means stepping down
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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kawi254
#45 Posted : Saturday, May 04, 2019 9:13:33 AM
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Location: Nairobi
Ericsson wrote:
kawi254 wrote:
Ericsson wrote:
Safaricom CEO Bob Collymore has said he is not leaving in August


Michael Joseph has never left.

As the CEO left means stepping down


As with MJ, He will linger on in an advisory role and Thanks to Akina Shiru/Shiku He will never leave
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kayhara
#46 Posted : Saturday, May 04, 2019 10:57:22 AM
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Joined: 5/5/2011
Posts: 1,059
xtina wrote:
Pirate wrote:
Profitability is solid.

However ,I'm more concerned with the continuous decline in revenue growth to 7% ( 2018- 10% ,2017- 18%) .

My guess is the share will hit 30 max and decline to mid-20's in the very short-term


Great stuff Applause Applause though I do not understand why supply is 8x demand. I thought it would go to 30+ but now I see it has lost 0.55, from 29.55 to 29.00. Oh well, if it goes down, time to load more.

impressive saf while the rest of the country is going down, hope GoK does not push for a Kenyan at the helm, When is the books closure?
To Each His Own
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Ericsson
#47 Posted : Monday, May 06, 2019 10:14:25 AM
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Safaricom’s incremental dividend payouts have returned the entire capital of the company’s owners and left them with an additional Sh101.2 billion, highlighting the enormous returns enjoyed by the telco’s long-term investors.

The Nairobi Securities Exchange(NSE)-listed firm went public On June 9, 2008 at an offer price of Sh5 or an aggregate value of Sh200 billion.

Last week’s declaration of a total dividend of Sh74.92 billon for the year ended March took Safaricom’s cumulative payouts to Sh301.2 billion since the initial public offering (IPO).

The company’s upcoming dividend represents a compound annual growth rate of 30.52 per cent from the Sh4 billion it paid for the year ended March 2009.

“The board remains committed to investing in the business and continuing our strong record for paying progressive dividends each year,” Safaricom said when announcing its results last week, adding that its balance sheet remains strong.

https://www.businessdail...2190-157k46rz/index.html
Wealth is built through a relatively simple equation
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heri
#48 Posted : Tuesday, May 07, 2019 11:36:28 AM
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When will the books close for the dividend payment?
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Ericsson
#49 Posted : Tuesday, May 07, 2019 12:09:52 PM
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heri wrote:
When will the books close for the dividend payment?


30 August
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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sl8r
#50 Posted : Tuesday, May 07, 2019 5:54:27 PM
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Joined: 5/20/2010
Posts: 69
How does one register for dividend payout via mpesa? *534# doesnt work
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Ebenyo
#51 Posted : Tuesday, May 07, 2019 7:35:46 PM
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Joined: 4/4/2016
Posts: 1,997
Location: Kitale
sl8r wrote:
How does one register for dividend payout via mpesa? *534# doesnt work




I find EFT to be better than mpesa.
Towards the goal of financial freedom
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Ericsson
#52 Posted : Thursday, May 09, 2019 12:46:40 AM
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Safaricom should consider making an acquisition in Uganda for UTL in a partnership with the Uganda Government where safaricom is the majority shareholder.
The Uganda government is shopping for a buyer to acquire a majority stake of about 61-69%.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#53 Posted : Wednesday, May 15, 2019 9:36:55 AM
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Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
SCOM has introduced free YouTube on its lower cost all-in-one bundle packages.

The Sh1,000 and Sh2,000 packages are offering consumers 5GB worth of free YouTube in addition to free WhatsApp, with the extras seen as the telco’s response to increased competition.

https://www.businessdail.../4003102-5115198-wttd53/
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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AndyC
#54 Posted : Wednesday, May 15, 2019 12:46:57 PM
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[quote=Ericsson]SCOM has introduced free YouTube on its lower cost all-in-one bundle packages.

The Sh1,000 and Sh2,000 packages are offering consumers 5GB worth of free YouTube in addition to free WhatsApp, with the extras seen as the telco’s response to increased competition.

https://www.businessdail...4003102-5115198-wttd53/[/quote]



Does Netflix count as YouTube?
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chiaroscuro
#55 Posted : Wednesday, May 15, 2019 12:56:24 PM
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littledove wrote:
1.25 dividend (ksh 50b) and a special special dividend of 0.62 (24.84b)


I know Interim Dividends and Final Dividends. What are these things SCOM is calling "Normal" and "Special" Dividend?
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littledove
#56 Posted : Wednesday, May 15, 2019 1:09:00 PM
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chiaroscuro wrote:
littledove wrote:
1.25 dividend (ksh 50b) and a special special dividend of 0.62 (24.84b)


I know Interim Dividends and Final Dividends. What are these things SCOM is calling "Normal" and "Special" Dividend?

normal dividend is final dividend while special dividend is a one off dividend paid out of accumulated reserves
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Angelica _ann
#57 Posted : Wednesday, May 15, 2019 1:36:07 PM
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Joined: 12/7/2012
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chiaroscuro wrote:
littledove wrote:
1.25 dividend (ksh 50b) and a special special dividend of 0.62 (24.84b)


I know Interim Dividends and Final Dividends. What are these things SCOM is calling "Normal" and "Special" Dividend?


Accept, eat and move on. smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Superprime1
#58 Posted : Wednesday, May 15, 2019 1:59:31 PM
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Joined: 5/2/2018
Posts: 267
sl8r wrote:
How does one register for dividend payout via mpesa? *534# doesnt work

You'd have to fill a form to update your CDS account details via your CDA (Central Depository Agent, aka your stockbroker) and select your preference for dividend payment as M-Pesa.
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chiaroscuro
#59 Posted : Thursday, May 16, 2019 10:02:41 AM
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littledove wrote:
chiaroscuro wrote:
littledove wrote:
1.25 dividend (ksh 50b) and a special special dividend of 0.62 (24.84b)


I know Interim Dividends and Final Dividends. What are these things SCOM is calling "Normal" and "Special" Dividend?

normal dividend is final dividend while special dividend is a one off dividend paid out of accumulated reserves


Not really.

In recent years [2015 & 2017], Williamson Tea has paid dividends even after recording net losses. Those dividends were paid from accumulated reserves but they weren't called "Special".

This "special dividend" is a Safaricom invention!
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Superprime1
#60 Posted : Thursday, May 16, 2019 10:35:43 AM
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Joined: 5/2/2018
Posts: 267
chiaroscuro wrote:
littledove wrote:
chiaroscuro wrote:
littledove wrote:
1.25 dividend (ksh 50b) and a special special dividend of 0.62 (24.84b)


I know Interim Dividends and Final Dividends. What are these things SCOM is calling "Normal" and "Special" Dividend?

normal dividend is final dividend while special dividend is a one off dividend paid out of accumulated reserves


Not really.

In recent years [2015 & 2017], Williamson Tea has paid dividends even after recording net losses. Those dividends were paid from accumulated reserves but they weren't called "Special".

This "special dividend" is a Safaricom invention!


They're special in the sense that shareholders shouldn't expect it to be the "new normal", but can anticipate a Sh1.25/share dividend (or an adjustment of the same) in their projections.
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