Rank: Member Joined: 7/1/2009 Posts: 269
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piedpiper wrote:MaichBlack wrote:Queen wrote:MaichBlack wrote:VituVingiSana wrote:My 2 cents wrote:It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo. Don't we all wish we had more ammo?  I see some well run firms at cheap prices and want to load up but no cash! @vvs - What are some of these firms you are lookin @. Mwaga mtama. True. Elder @VVS please share. @VVS.... @VVS please do share... On a light note, it seems like @VVS is the real pied piper, except his advice is sound.
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Rank: Member Joined: 11/21/2018 Posts: 564 Location: Britain
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Monk wrote:piedpiper wrote:MaichBlack wrote:Queen wrote:MaichBlack wrote:VituVingiSana wrote:My 2 cents wrote:It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo. Don't we all wish we had more ammo? I see some well run firms at cheap prices and want to load up but no cash! @vvs - What are some of these firms you are lookin @. Mwaga mtama. True. Elder @VVS please share. @VVS.... @VVS please do share... On a light note, it seems like @VVS is the real pied piper, except his advice is sound. Some things only come with experience. As good as personal research is great, experience is key.
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Rank: Veteran Joined: 6/2/2010 Posts: 1,075
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Just buy Safaricom sub 30 and hold for good.
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Rank: Chief Joined: 1/3/2007 Posts: 18,209 Location: Nairobi
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piedpiper wrote:MaichBlack wrote:Queen wrote:MaichBlack wrote:VituVingiSana wrote:My 2 cents wrote:It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo. Don't we all wish we had more ammo? I see some well run firms at cheap prices and want to load up but no cash! @vvs - What are some of these firms you are lookin @. Mwaga mtama. True. Elder @VVS please share. @VVS.... @VVS please do share... Pole sana. I hardly log onto to Wazua. There are no guarantees with all the geopolitical and local political drama! I am currently focused on cash dividends and dividend growth. Capital Growth is a bonus. My goal is to beat 5-year T-Bond yields (13 Oct 2022). Not easy!Focus is mostly on banks because they can adapt to higher interest rates, reinvest in T-Bonds and generally pay dividends. I am a LONG TERM holder and can stomach low prices as long as I see better days.KenyaRe: So-so performance but the current CEO's 2 terms are up. New CEO could be shareholder friendly until the scams start! Buyer Beware. Lots of cash will attract smiling vultures. See my comment on firms starting with "Kenya" in its name! Price: 2/- DPS: 0.10 (est FY22 but hoping for 0.15) DY: 5% SCBK: Well run. Steady performer. The DY is very attractive. Buy for the dividend not rapid growth. Price: 135 DPS: 15.00 (est FY22) DY: 11% (Like a Bond) Centum: Sale of Sidian (cash is king), (slow)sales of properties, turnaround of COVID affected businesses eg NAS, Isuzu is doing well, CEO has 5mn+ shares, Kirubi family represented on the Board. It is NOT for the faint-hearted. TR Mall is dead. Slow property sales. HY22 results are due by 31 Dec 2022 and will give us a better read for FY23. Price: 9.00 DPS: 0.60 (est FY23 - YE June 2023) DY: 6.6% ABSA: Well run. Steady performer. Growing its customer base. New CEO coming soon. Price: 11 DPS: 1.10 (est FY22) DY: 10% (Like a Bond) DTK: Underperformed in 2020 and 2021 but there is pressure on the board. The low ROE (low hanging fruit) can be improved. It seems the CEO will retire soon. Price: 49 DPS: 5.00 (est FY22) DY: 10% (Like a Bond) Longhorn: Underperformed in 2020 and 2021 (COVID). Recovery in 2022 but no dividend. Parents are broke but it has expanded regionally including DRC. A better performance expected in 2023. Price: 4 DPS: 0.40 (est FY23 - Year end June 2023) DY: 10% (Like a Bond) BAT: Taxes will be increased on tobacco. The nicotine pouches, if allowed, will be a gamechanger. Lean and mean. Price: 450 DPS: 50 (est FY22 Interim + Final) DY: 11% (Like a Bond) I own all of the above. I also added where I could eg BAT, SCBK for a good DY. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 11/21/2018 Posts: 564 Location: Britain
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VituVingiSana wrote:piedpiper wrote:MaichBlack wrote:Queen wrote:MaichBlack wrote:VituVingiSana wrote:My 2 cents wrote:It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo. Don't we all wish we had more ammo? I see some well run firms at cheap prices and want to load up but no cash! @vvs - What are some of these firms you are lookin @. Mwaga mtama. True. Elder @VVS please share. @VVS.... @VVS please do share... Pole sana. I hardly log onto to Wazua. There are no guarantees with all the geopolitical and local political drama! I am currently focused on cash dividends and dividend growth. Capital Growth is a bonus. My goal is to beat 5-year T-Bond yields (13 Oct 2022). Not easy!Focus is mostly on banks because they can adapt to higher interest rates, reinvest in T-Bonds and generally pay dividends. I am a LONG TERM holder and can stomach low prices as long as I see better days.KenyaRe: So-so performance but the current CEO's 2 terms are up. New CEO could be shareholder friendly until the scams start! Buyer Beware. Lots of cash will attract smiling vultures. See my comment on firms starting with "Kenya" in its name! Price: 2/- DPS: 0.10 (est FY22 but hoping for 0.15) DY: 5% SCBK: Well run. Steady performer. The DY is very attractive. Buy for the dividend not rapid growth. Price: 135 DPS: 15.00 (est FY22) DY: 11% (Like a Bond) Centum: Sale of Sidian (cash is king), (slow)sales of properties, turnaround of COVID affected businesses eg NAS, Isuzu is doing well, CEO has 5mn+ shares, Kirubi family represented on the Board. It is NOT for the faint-hearted. TR Mall is dead. Slow property sales. HY22 results are due by 31 Dec 2022 and will give us a better read for FY23. Price: 9.00 DPS: 0.60 (est FY23 - YE June 2023) DY: 6.6% ABSA: Well run. Steady performer. Growing its customer base. New CEO coming soon. Price: 11 DPS: 1.10 (est FY22) DY: 10% (Like a Bond) DTK: Underperformed in 2020 and 2021 but there is pressure on the board. The low ROE (low hanging fruit) can be improved. It seems the CEO will retire soon. Price: 49 DPS: 5.00 (est FY22) DY: 10% (Like a Bond) Longhorn: Underperformed in 2020 and 2021 (COVID). Recovery in 2022 but no dividend. Parents are broke but it has expanded regionally including DRC. A better performance expected in 2023. Price: 4 DPS: 0.40 (est FY23 - Year end June 2023) DY: 10% (Like a Bond) BAT: Taxes will be increased on tobacco. The nicotine pouches, if allowed, will be a gamechanger. Lean and mean. Price: 450 DPS: 50 (est FY22 Interim + Final) DY: 11% (Like a Bond) I own all of the above. I also added where I could eg BAT, SCBK for a good DY. Thank you. BAT and SCBK are quite attractive.
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Rank: Member Joined: 9/14/2011 Posts: 857 Location: nairobi
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VituVingiSana wrote:piedpiper wrote:MaichBlack wrote:Queen wrote:MaichBlack wrote:VituVingiSana wrote:My 2 cents wrote:It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo. Don't we all wish we had more ammo? I see some well run firms at cheap prices and want to load up but no cash! @vvs - What are some of these firms you are lookin @. Mwaga mtama. True. Elder @VVS please share. @VVS.... @VVS please do share... Pole sana. I hardly log onto to Wazua. There are no guarantees with all the geopolitical and local political drama! I am currently focused on cash dividends and dividend growth. Capital Growth is a bonus. My goal is to beat 5-year T-Bond yields (13 Oct 2022). Not easy!Focus is mostly on banks because they can adapt to higher interest rates, reinvest in T-Bonds and generally pay dividends. I am a LONG TERM holder and can stomach low prices as long as I see better days.KenyaRe: So-so performance but the current CEO's 2 terms are up. New CEO could be shareholder friendly until the scams start! Buyer Beware. Lots of cash will attract smiling vultures. See my comment on firms starting with "Kenya" in its name! Price: 2/- DPS: 0.10 (est FY22 but hoping for 0.15) DY: 5% SCBK: Well run. Steady performer. The DY is very attractive. Buy for the dividend not rapid growth. Price: 135 DPS: 15.00 (est FY22) DY: 11% (Like a Bond) Centum: Sale of Sidian (cash is king), (slow)sales of properties, turnaround of COVID affected businesses eg NAS, Isuzu is doing well, CEO has 5mn+ shares, Kirubi family represented on the Board. It is NOT for the faint-hearted. TR Mall is dead. Slow property sales. HY22 results are due by 31 Dec 2022 and will give us a better read for FY23. Price: 9.00 DPS: 0.60 (est FY23 - YE June 2023) DY: 6.6% ABSA: Well run. Steady performer. Growing its customer base. New CEO coming soon. Price: 11 DPS: 1.10 (est FY22) DY: 10% (Like a Bond) DTK: Underperformed in 2020 and 2021 but there is pressure on the board. The low ROE (low hanging fruit) can be improved. It seems the CEO will retire soon. Price: 49 DPS: 5.00 (est FY22) DY: 10% (Like a Bond) Longhorn: Underperformed in 2020 and 2021 (COVID). Recovery in 2022 but no dividend. Parents are broke but it has expanded regionally including DRC. A better performance expected in 2023. Price: 4 DPS: 0.40 (est FY23 - Year end June 2023) DY: 10% (Like a Bond) BAT: Taxes will be increased on tobacco. The nicotine pouches, if allowed, will be a gamechanger. Lean and mean. Price: 450 DPS: 50 (est FY22 Interim + Final) DY: 11% (Like a Bond) I own all of the above. I also added where I could eg BAT, SCBK for a good DY. When is Kenya Re MD exiting? I cannot wait to exit Kenya Re but I am deeply in the red . Maybe a new MD may excite the market
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Rank: Chief Joined: 1/3/2007 Posts: 18,209 Location: Nairobi
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My ASS-UMPTION is that Kenya Re will follow the same guidelines as other "State" firms so the CEO has a max of 2 terms. KenyaRe may not have done very well under him but it has not been looted either when one looks at the cash (Deposits, G-Secs) growth under him. So I say thank you to him. A new (politically aligned) MD may not be the panacea but a strategic investor (eg Swiss Re, General Re, etc) similar to what we saw in Safaricom. BUT this is a Safaricom thread so we can move the general discussion elsewhere. Safaricom, IMHO, benefitted from Vodafone's support both financial, technical and seconded staff eg MJ and BC as well as CFOs and CTOs. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,778 Location: NAIROBI
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Safaricom HY results to be released on Thursday 10 November 2022 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,778 Location: NAIROBI
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Ericsson wrote:Safaricom HY results to be released on Thursday 10 November 2022 Revised to Friday 11 November at 7:30am Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya
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Ericsson wrote:Ericsson wrote:Safaricom HY results to be released on Thursday 10 November 2022 Revised to Friday 11 November at 7:30am This might not be good results considering the announcement day Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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Rank: Elder Joined: 7/22/2009 Posts: 7,559
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cyruskulei wrote:Ericsson wrote:Ericsson wrote:Safaricom HY results to be released on Thursday 10 November 2022 Revised to Friday 11 November at 7:30am This might not be good results considering the announcement day See the announcement time... Relax. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya
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MaichBlack wrote:cyruskulei wrote:Ericsson wrote:Ericsson wrote:Safaricom HY results to be released on Thursday 10 November 2022 Revised to Friday 11 November at 7:30am This might not be good results considering the announcement day See the announcement time... Relax. 18% drop in profit after tax  Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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Rank: Veteran Joined: 8/10/2014 Posts: 989 Location: Kenya
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cyruskulei wrote:MaichBlack wrote:cyruskulei wrote:Ericsson wrote:Ericsson wrote:Safaricom HY results to be released on Thursday 10 November 2022 Revised to Friday 11 November at 7:30am This might not be good results considering the announcement day See the announcement time... Relax. 18% drop in profit after tax Dividend cut is coming
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Rank: Elder Joined: 6/23/2009 Posts: 13,759 Location: nairobi
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watesh wrote:cyruskulei wrote:MaichBlack wrote:cyruskulei wrote:Ericsson wrote:Ericsson wrote:Safaricom HY results to be released on Thursday 10 November 2022 Revised to Friday 11 November at 7:30am This might not be good results considering the announcement day See the announcement time... Relax. 18% drop in profit after tax Dividend cut is coming It's a definite buy sub KES 21
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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obiero wrote:watesh wrote:cyruskulei wrote:MaichBlack wrote:cyruskulei wrote:Ericsson wrote:Ericsson wrote:Safaricom HY results to be released on Thursday 10 November 2022 Revised to Friday 11 November at 7:30am This might not be good results considering the announcement day See the announcement time... Relax. 18% drop in profit after tax Dividend cut is coming It's a definite buy sub KES 21 I have dropped my notes on these numbers here https://davismika.substa...aricom-h1-2023-earnings LONG POST ALERT 
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Rank: New-farer Joined: 8/1/2019 Posts: 95
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the deal wrote:obiero wrote:watesh wrote:cyruskulei wrote:MaichBlack wrote:cyruskulei wrote:Ericsson wrote:Ericsson wrote:Safaricom HY results to be released on Thursday 10 November 2022 Revised to Friday 11 November at 7:30am This might not be good results considering the announcement day See the announcement time... Relax. 18% drop in profit after tax Dividend cut is coming It's a definite buy sub KES 21 I have dropped my notes on these numbers here https://davismika.substa...aricom-h1-2023-earnings LONG POST ALERT Awesome post. If it was another stock with a trailing PE Ratio of 14.5, trailing dividend yield of 5.45%, and non-existent growth in net incomes I would expect it to fall significantly. But I don't know everything.
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Rank: Elder Joined: 12/4/2009 Posts: 10,778 Location: NAIROBI
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McGill wrote:the deal wrote:obiero wrote:watesh wrote:cyruskulei wrote:MaichBlack wrote:cyruskulei wrote:Ericsson wrote:Ericsson wrote:Safaricom HY results to be released on Thursday 10 November 2022 Revised to Friday 11 November at 7:30am This might not be good results considering the announcement day See the announcement time... Relax. 18% drop in profit after tax Dividend cut is coming It's a definite buy sub KES 21 I have dropped my notes on these numbers here https://davismika.substa...aricom-h1-2023-earnings LONG POST ALERT Awesome post. If it was another stock with a trailing PE Ratio of 14.5, trailing dividend yield of 5.45%, and non-existent growth in net incomes I would expect it to fall significantly. But I don't know everything. Investors are betting on Ethiopia to power growth going forward, So far the numbers coming from there are good. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,778 Location: NAIROBI
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https://techweez.com/202...ction-fees-reintroduced/Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,759 Location: nairobi
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Ericsson wrote:McGill wrote:the deal wrote:obiero wrote:watesh wrote:cyruskulei wrote:MaichBlack wrote:cyruskulei wrote:Ericsson wrote:Ericsson wrote:Safaricom HY results to be released on Thursday 10 November 2022 Revised to Friday 11 November at 7:30am This might not be good results considering the announcement day See the announcement time... Relax. 18% drop in profit after tax Dividend cut is coming It's a definite buy sub KES 21 I have dropped my notes on these numbers here https://davismika.substa...aricom-h1-2023-earnings LONG POST ALERT Awesome post. If it was another stock with a trailing PE Ratio of 14.5, trailing dividend yield of 5.45%, and non-existent growth in net incomes I would expect it to fall significantly. But I don't know everything. Investors are betting on Ethiopia to power growth going forward, So far the numbers coming from there are good. Ethiopia may never exceed Kenya in terms of the proposal at hand.. I would be cautious but it looks interesting
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Veteran Joined: 6/2/2010 Posts: 1,075
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Watesh is probably right about a dividend cut in the coming years. Debt repayment will take priority.
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