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KENGEN 2021-2025
Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Elephant Man wrote:Umeme has a DY around 16%... I don't know how to model the impending buyout. It could be a windfall. Any KE firms? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 6/2/2010 Posts: 1,089
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VituVingiSana wrote:Elephant Man wrote:Umeme has a DY around 16%... I don't know how to model the impending buyout. It could be a windfall. Any KE firms? Possibly SCBK in 2024 - if you buy them now at 150 per share. Dividend will possibly be Kes 24 next year.
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Rank: Member Joined: 7/1/2009 Posts: 272
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VituVingiSana wrote:Elephant Man wrote:Umeme has a DY around 16%... I don't know how to model the impending buyout. It could be a windfall. Any KE firms? I got 22.6% from WTK this year, based on my 129.55 ABP. Naturally those who bought close to the current price got a lower DY.
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Rank: Member Joined: 9/26/2006 Posts: 463 Location: CENTRAL PROVINCE
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VituVingiSana wrote: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? Agriculturals (except those in Macadamia business).....they will rake in crazy returns based on the favorable rains and huge depreciation of the Ksh. x handle: @stocksmaster79
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Monk wrote:VituVingiSana wrote:Elephant Man wrote:Umeme has a DY around 16%... I don't know how to model the impending buyout. It could be a windfall. Any KE firms? I got 22.6% from WTK this year, based on my 129.55 ABP. Naturally those who bought close to the current price got a lower DY. Leo ni Leo  I have ABSA at 10 and I expect 1.50 total for 15% And some CARB at 8-10 for a mouthwatering 17%+ but that doesn't apply to today's purchases. I am asking about today's DYs Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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stocksmaster wrote:VituVingiSana wrote: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? Agriculturals (except those in Macadamia business).....they will rake in crazy returns based on the favorable rains and huge depreciation of the Ksh. Let's start with 18% for the IFB! WTK paid 30 and the current price is 200 so it is in the ballpark. KTC paid 20 and the current price is 220 which is 9% [1/2 of the IFB] Do note that tea prices are -25% YOY as lots of rain has increased production AND some of our buyers are broke. Egypt has no $ and asked to barter for tea. Pakistan has had financial drama for a while. https://english.ahram.or...n-tea-supplies-amid.aspxGreedy 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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@VVS...
KAPC paid 25 bob a share...
I would consider cash rich counters as they tend to park the excess in treasuries... so other than the banks, the likes of WTK, KAPC, KUKZ, CARB, and even SCAN at its current price, fit the bill...
I'm not into bonds, but bills are now attractive...
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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VituVingiSana wrote:stocksmaster wrote:VituVingiSana wrote:stocksmaster wrote:HaMaina wrote:obiero wrote:Ericsson wrote:[quote=kawi254]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? Agriculturals (except those in Macadamia business).....they will rake in crazy returns based on the favorable rains and huge depreciation of the Ksh. Let's start with 18% for the IFB! WTK paid 30 and the current price is 200 so it is in the ballpark. KTC paid 20 and the current price is 220 which is 9% [1/2 of the IFB] Do note that tea prices are -25% YOY as lots of rain has increased production AND some of our buyers are broke. Egypt has no $ and asked to barter for tea. Pakistan has had financial drama for a while. https://english.ahram.or...-tea-supplies-amid.aspx[/quote] We should look for china to buy our tea. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Elephant Man wrote:@VVS...
KAPC paid 25 bob a share...
I would consider cash rich counters as they tend to park the excess in treasuries... so other than the banks, the likes of WTK, KAPC, KUKZ, CARB, and even SCAN at its current price, fit the bill...
I'm not into bonds, but bills are now attractive... Thanks for the correction! No complaints about WTK or KTC. I have been enjoying the harvest for many years. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Ericsson wrote:VituVingiSana wrote:stocksmaster wrote:VituVingiSana wrote:stocksmaster wrote:HaMaina wrote:obiero wrote:Ericsson wrote:[quote=kawi254]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? Agriculturals (except those in Macadamia business).....they will rake in crazy returns based on the favorable rains and huge depreciation of the Ksh. Let's start with 18% for the IFB! WTK paid 30 and the current price is 200 so it is in the ballpark. KTC paid 20 and the current price is 220 which is 9% [1/2 of the IFB] Do note that tea prices are -25% YOY as lots of rain has increased production AND some of our buyers are broke. Egypt has no $ and asked to barter for tea. Pakistan has had financial drama for a while. https://english.ahram.or...-tea-supplies-amid.aspx[/quote] We should look for china to buy our tea. We need to add value for what the world wants. I think firms like WTK are responsive to what their customers need or want. I do not know if China imports tea but it would be great to break into that market. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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