Rank: Elder Joined: 6/23/2009 Posts: 13,940 Location: nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Ericsson wrote:obiero wrote:VituVingiSana wrote:@Obiero Nilisahau NIC's dividends will pay for my electronics. C&G's dividends paid for my travel. Safaricom's dividends will pay for my internet and phone service.  @Young and I are "wazee" and we don't mind the dividends! 30% drop in profit. I wonder if they will maintain the dividend Profit before tax declined by more than 50% from ksh.1.293bn to 615mn Tough economy - many firms have suffered under #TanoTena Proud of Unga which has remained profitable with all the politics and bad vibes in a year when many firms ended up with losses. Dividend is 50 cents (vs 1/- last year) but enough to pay for my expenses.  I suspect @young is also like me and we try to earn more than we spend. Or adjust our spending to our income. Maybe it's time to sell Not for me at the moment. Perhaps in the future if the circumstances change. The challenge is there are so many wonderful bargains on the NSE and I have no cash so dividends are highly anticipated and welcome. KenRe Unga Centum I&M From 35 to 16 and still sliding into the abyss.. Well, atleast no one will say I didn't try to warn my senior Almost the entire NSE is suffering since 2018. Saf shareholders are also crying with the recent slide.  Even though there have been major hits eg KES/USD, Russia-Ukraine, etc, it does feel like the majority are deliberately keeping the reported performance down. Despite all that, I am glad I did not sell my Unga to buy KQ. A sad case that needs to be studied True. To think what KQ's shareholders went through. No dividends for years. Huge debt. Dilution of % ownership. Suspended from trading for years. Hehe. Nyani haoni kundush Bandia firm getting hustled out of market share by Kitui Flour Millers, Grain Industries, Mombasa Maize.. Time is up for Unga
IMH ABP 35.55; KQ ABP 4.85; MTN ABP 5.20
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