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KENGEN 2021-2025
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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kawi254 wrote:Will full year results be out by 31st October 2023?
last few years excuses for delays been lack of Auditor General, hitches ..lack of CEO
This time they have no excuse. They don't need to wait till last minute, results should be out by now. Though nothing good expected with the depressed hydrology. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 6/2/2010 Posts: 1,089
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30 cents dividend payable 15th Feb 2024
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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Ericsson wrote:kawi254 wrote:Will full year results be out by 31st October 2023?
last few years excuses for delays been lack of Auditor General, hitches ..lack of CEO
This time they have no excuse. They don't need to wait till last minute, results should be out by now. Though nothing good expected with the depressed hydrology. Reasonable results
KQ ABP 4.26
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Rank: Veteran Joined: 4/23/2014 Posts: 931
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obiero wrote:Ericsson wrote:kawi254 wrote:Will full year results be out by 31st October 2023?
last few years excuses for delays been lack of Auditor General, hitches ..lack of CEO
This time they have no excuse. They don't need to wait till last minute, results should be out by now. Though nothing good expected with the depressed hydrology. Reasonable results KenGen Dividends @ Ksh 0.30, which is more than 10% of the current price. This I think is not a bad buy. “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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HaMaina wrote:obiero wrote:Ericsson wrote:kawi254 wrote:Will full year results be out by 31st October 2023?
last few years excuses for delays been lack of Auditor General, hitches ..lack of CEO
This time they have no excuse. They don't need to wait till last minute, results should be out by now. Though nothing good expected with the depressed hydrology. Reasonable results KenGen Dividends @ Ksh 0.30, which is more than 10% of the current price. This I think is not a bad buy. Plus the heavy rains pounding the country. But the NSE is unpredictable. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 9/26/2006 Posts: 463 Location: CENTRAL PROVINCE
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HaMaina wrote:obiero wrote:Ericsson wrote:kawi254 wrote:Will full year results be out by 31st October 2023?
last few years excuses for delays been lack of Auditor General, hitches ..lack of CEO
This time they have no excuse. They don't need to wait till last minute, results should be out by now. Though nothing good expected with the depressed hydrology. Reasonable results KenGen Dividends @ Ksh 0.30, which is more than 10% of the current price. This I think is not a bad buy. Only reasonable 'buy' now is any stock that has a dividend yield that equals the 6.5 years IFB (at around 16%).....and remember that entire dividend yield will be factored in the current price such that as the stock goes ex-dividend with books closure, the price retracts at least with the equivalence of the dividend (e.g once Kengen closes books, you can be assured the price will drop by at least Ksh 0.3 and may not recover until next dividend announcement which maybe lower with the current economic environment). Happy Hunting x handle: @stocksmaster79
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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stocksmaster wrote:HaMaina wrote:obiero wrote:Ericsson wrote:kawi254 wrote:Will full year results be out by 31st October 2023?
last few years excuses for delays been lack of Auditor General, hitches ..lack of CEO
This time they have no excuse. They don't need to wait till last minute, results should be out by now. Though nothing good expected with the depressed hydrology. Reasonable results KenGen Dividends @ Ksh 0.30, which is more than 10% of the current price. This I think is not a bad buy. Only reasonable 'buy' now is any stock that has a dividend yield that equals the 6.5 years IFB (at around 16%).....and remember that entire dividend yield will be factored in the current price such that as the stock goes ex-dividend with books closure, the price retracts at least with the equivalence of the dividend (e.g once Kengen closes books, you can be assured the price will drop by at least Ksh 0.3 and may not recover until next dividend announcement which maybe lower with the current economic environment). Happy Hunting 364-day treasury bill rate is a better gauge. Check the prevailing rate as per the week the company is announcing dividend. 6.5 years is fixed for the tenure while dividend might change on a yearly basis Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 6/2/2010 Posts: 1,089
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stocksmaster wrote:HaMaina wrote:obiero wrote:Ericsson wrote:kawi254 wrote:Will full year results be out by 31st October 2023?
last few years excuses for delays been lack of Auditor General, hitches ..lack of CEO
This time they have no excuse. They don't need to wait till last minute, results should be out by now. Though nothing good expected with the depressed hydrology. Reasonable results KenGen Dividends @ Ksh 0.30, which is more than 10% of the current price. This I think is not a bad buy. Only reasonable 'buy' now is any stock that has a dividend yield that equals the 6.5 years IFB (at around 16%).....and remember that entire dividend yield will be factored in the current price such that as the stock goes ex-dividend with books closure, the price retracts at least with the equivalence of the dividend (e.g once Kengen closes books, you can be assured the price will drop by at least Ksh 0.3 and may not recover until next dividend announcement which maybe lower with the current economic environment). Happy Hunting Thats asking too much, considering stocks also have the possibility of capital appreciation over the longterm (not shortterm).
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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stocksmaster wrote:HaMaina wrote:obiero wrote:Ericsson wrote:kawi254 wrote:Will full year results be out by 31st October 2023?
last few years excuses for delays been lack of Auditor General, hitches ..lack of CEO
This time they have no excuse. They don't need to wait till last minute, results should be out by now. Though nothing good expected with the depressed hydrology. Reasonable results KenGen Dividends @ Ksh 0.30, which is more than 10% of the current price. This I think is not a bad buy. Only reasonable 'buy' now is any stock that has a dividend yield that equals the 6.5 years IFB (at around 16%).....and remember that entire dividend yield will be factored in the current price such that as the stock goes ex-dividend with books closure, the price retracts at least with the equivalence of the dividend (e.g once Kengen closes books, you can be assured the price will drop by at least Ksh 0.3 and may not recover until next dividend announcement which maybe lower with the current economic environment). Happy Hunting Any stocks that meet this DY? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 12/24/2008 Posts: 112
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Umeme has a DY around 16%...
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