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Safaricom 1H16 Results net profit up 23%
Rank: Elder Joined: 12/4/2009 Posts: 10,703 Location: NAIROBI
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Ksh.55bn profits before tax Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi
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Ericsson wrote:Ksh.55bn profits before tax see your doctor "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 12/4/2009 Posts: 10,703 Location: NAIROBI
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@mlennyama That is for the full year 2015/2016 results to be announced in two weeks time 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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 Don't laugh at my beloved Kenya Gazette- it is the official voice of government and more digital than all those analogue papers you've mentioned. Hapana tumia sauti ya serikali kufunga nyama! Available for free here[/quote] Thanks for this link. Be blessed. 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: 7,467
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Dividend - 90 cents. Anzeni kufanya hesabu!!! 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: Elder Joined: 12/4/2009 Posts: 10,703 Location: NAIROBI
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Kwani they will issue all the after tax profits as dividends. I project 70 cents per share as dividend which comes to ksh.28bn Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/22/2009 Posts: 7,467
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Ericsson wrote:Kwani they will issue all the after tax profits as dividends.
I project 70 cents per share as dividend which comes to ksh.28bn Sawa bro. We wait and see. Siku kadhaa tu. 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: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi
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MaichBlack wrote:Dividend - 90 cents.
Anzeni kufanya hesabu!!! safcom has 40billion shares,it needs to make 40billion profit after tax to have 1bob earnings per share,of this 1bob you want to say it will part with 90cts,.....this is a dream "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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mlennyma wrote:MaichBlack wrote:Dividend - 90 cents.
Anzeni kufanya hesabu!!! safcom has 40billion shares,it needs to make 40billion profit after tax to have 1bob earnings per share,of this 1bob you want to say it will part with 90cts,.....this is a dream Remember they did Sh31.9 billion PAT in 2014/15 "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi
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murchr wrote:mlennyma wrote:MaichBlack wrote:Dividend - 90 cents.
Anzeni kufanya hesabu!!! safcom has 40billion shares,it needs to make 40billion profit after tax to have 1bob earnings per share,of this 1bob you want to say it will part with 90cts,.....this is a dream Remember they did Sh31.9 billion PAT in 2014/15 so you suggest they have added 8.1 billion more and are willing to pay 90% as dividend? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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mlennyma wrote:murchr wrote:mlennyma wrote:MaichBlack wrote:Dividend - 90 cents.
Anzeni kufanya hesabu!!! safcom has 40billion shares,it needs to make 40billion profit after tax to have 1bob earnings per share,of this 1bob you want to say it will part with 90cts,.....this is a dream Remember they did Sh31.9 billion PAT in 2014/15 so you suggest they have added 8.1 billion more and are willing to pay 90% as dividend? They paid 64cts in FY15 which was a 36% rise. 90cts will just be a 40% rise. Will that be impossible? I dont think so, it will all depend on the results "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi
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murchr wrote:mlennyma wrote:murchr wrote:mlennyma wrote:MaichBlack wrote:Dividend - 90 cents.
Anzeni kufanya hesabu!!! safcom has 40billion shares,it needs to make 40billion profit after tax to have 1bob earnings per share,of this 1bob you want to say it will part with 90cts,.....this is a dream Remember they did Sh31.9 billion PAT in 2014/15 so you suggest they have added 8.1 billion more and are willing to pay 90% as dividend? They paid 64cts in FY15 which was a 36% rise. 90cts will just be a 40% rise. Will that be impossible? I dont think so, it will all depend on the results that one off gvt security contract must have boosted them but the share price is making the dividend less attractive for those buying now,attractiveness is now pegged on future prospects and safcom has an uphill task to keep the growth momentum without declining ,a growing company needs to retain at least 50% of earnings as cash reserves "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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mlennyma wrote:murchr wrote:mlennyma wrote:murchr wrote:mlennyma wrote:MaichBlack wrote:Dividend - 90 cents.
Anzeni kufanya hesabu!!! safcom has 40billion shares,it needs to make 40billion profit after tax to have 1bob earnings per share,of this 1bob you want to say it will part with 90cts,.....this is a dream Remember they did Sh31.9 billion PAT in 2014/15 so you suggest they have added 8.1 billion more and are willing to pay 90% as dividend? They paid 64cts in FY15 which was a 36% rise. 90cts will just be a 40% rise. Will that be impossible? I dont think so, it will all depend on the results that one off gvt security contract must have boosted them but the share price is making the dividend less attractive for those buying now,attractiveness is now pegged on future prospects and safcom has an uphill task to keep the growth momentum without declining Were they paid? I thought they used their money to set up the infrastructure? Anyway, my guess is the internet in use is by Safaricom. Ama? Reuters wrote:Under the terms of the contract, Safaricom will install and run a communication and surveillance system that is linked to police stations to help combat crime, initially operating in Nairobi and Kenya's second-largest city, Mombasa. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi
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murchr wrote:mlennyma wrote:murchr wrote:mlennyma wrote:murchr wrote:mlennyma wrote:MaichBlack wrote:Dividend - 90 cents.
Anzeni kufanya hesabu!!! safcom has 40billion shares,it needs to make 40billion profit after tax to have 1bob earnings per share,of this 1bob you want to say it will part with 90cts,.....this is a dream Remember they did Sh31.9 billion PAT in 2014/15 so you suggest they have added 8.1 billion more and are willing to pay 90% as dividend? They paid 64cts in FY15 which was a 36% rise. 90cts will just be a 40% rise. Will that be impossible? I dont think so, it will all depend on the results that one off gvt security contract must have boosted them but the share price is making the dividend less attractive for those buying now,attractiveness is now pegged on future prospects and safcom has an uphill task to keep the growth momentum without declining Were they paid? I thought they used their money to set up the infrastructure? Anyway, my guess is the internet in use is by Safaricom. Ama? Reuters wrote:Under the terms of the contract, Safaricom will install and run a communication and surveillance system that is linked to police stations to help combat crime, initially operating in Nairobi and Kenya's second-largest city, Mombasa. when some politicians made noise claiming single sourcing all went quiet, even if its going on i think somebody claims security matters are secret  "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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mlennyma wrote:murchr wrote:mlennyma wrote:murchr wrote:mlennyma wrote:murchr wrote:mlennyma wrote:MaichBlack wrote:Dividend - 90 cents.
Anzeni kufanya hesabu!!! safcom has 40billion shares,it needs to make 40billion profit after tax to have 1bob earnings per share,of this 1bob you want to say it will part with 90cts,.....this is a dream Remember they did Sh31.9 billion PAT in 2014/15 so you suggest they have added 8.1 billion more and are willing to pay 90% as dividend? They paid 64cts in FY15 which was a 36% rise. 90cts will just be a 40% rise. Will that be impossible? I dont think so, it will all depend on the results that one off gvt security contract must have boosted them but the share price is making the dividend less attractive for those buying now,attractiveness is now pegged on future prospects and safcom has an uphill task to keep the growth momentum without declining Were they paid? I thought they used their money to set up the infrastructure? Anyway, my guess is the internet in use is by Safaricom. Ama? Reuters wrote:Under the terms of the contract, Safaricom will install and run a communication and surveillance system that is linked to police stations to help combat crime, initially operating in Nairobi and Kenya's second-largest city, Mombasa. when some politicians made noise claiming single sourcing all went quiet, even if its going on i think somebody claims security matters are secret They got it and its implementation is completed. They now must be milking from it. I wonder if the gok gave the 15BN back "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi
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I got it,this was the funny agreement. ...they have eaten in kind The whole project will cost Ksh. 14.9 billion. The first Ksh.7.5 billion will be paid in kind through allocation of 4G spectrum to Safaricom of that value. The rest will be paid in annual installments over five years starting in the year 2016. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/22/2009 Posts: 7,467
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mlennyma wrote:murchr wrote:mlennyma wrote:murchr wrote:mlennyma wrote:MaichBlack wrote:Dividend - 90 cents.
Anzeni kufanya hesabu!!! safcom has 40billion shares,it needs to make 40billion profit after tax to have 1bob earnings per share,of this 1bob you want to say it will part with 90cts,.....this is a dream Remember they did Sh31.9 billion PAT in 2014/15 so you suggest they have added 8.1 billion more and are willing to pay 90% as dividend? They paid 64cts in FY15 which was a 36% rise. 90cts will just be a 40% rise. Will that be impossible? I dont think so, it will all depend on the results that one off gvt security contract must have boosted them but the share price is making the dividend less attractive for those buying now,attractiveness is now pegged on future prospects and safcom has an uphill task to keep the growth momentum without declining ,a growing company needs to retain at least 50% of earnings as cash reserves As of May last year, Safaricom had Kshs. 27.5 Billion in cash reserves. You want them to hoard cash like Apple?? For no good reason? Even an average company should have at least a 5 year plan which includes cash requirements projections. Safaricom of course have plans in place and know how much they need and how much projected earnings are over a period of time. You don't just hoard cash for the sake of hoarding. And there is a difference between a telecom like Safcom and an investment company (which needs all the cash they can get because they can invest in anything!!) 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: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi
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MaichBlack wrote:mlennyma wrote:murchr wrote:mlennyma wrote:murchr wrote:mlennyma wrote:MaichBlack wrote:Dividend - 90 cents.
Anzeni kufanya hesabu!!! safcom has 40billion shares,it needs to make 40billion profit after tax to have 1bob earnings per share,of this 1bob you want to say it will part with 90cts,.....this is a dream Remember they did Sh31.9 billion PAT in 2014/15 so you suggest they have added 8.1 billion more and are willing to pay 90% as dividend? They paid 64cts in FY15 which was a 36% rise. 90cts will just be a 40% rise. Will that be impossible? I dont think so, it will all depend on the results that one off gvt security contract must have boosted them but the share price is making the dividend less attractive for those buying now,attractiveness is now pegged on future prospects and safcom has an uphill task to keep the growth momentum without declining ,a growing company needs to retain at least 50% of earnings as cash reserves As of last year, Safaricom had Kshs. 27.5 Billion in cash reserves. You want them to hoard cash like apple?? For no good reason? Even an average company should have at least a 5 year plan which includes cash requirements projections. Safaricom of course have plans in place and know how much they need and how much projected earnings are over a period of time. You don't just hoard cash for the sake of hoarding. And there is a difference between a telecom like Safcom and an investment company (which needs all the cash they can get because they can invest in anything!!) the Internet space has competition, mpesa is the unchallenged cash cow,but apart from the business do they have any other investments?? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 1/1/2010 Posts: 511 Location: kandara, Murang'a
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Guess the batch I got at 2.50 is going to be already paid up in dividends. Pity was only using change Foresight..
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Rank: Member Joined: 3/15/2010 Posts: 391 Location: nairobie
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gatoho wrote:Guess the batch I got at 2.50 is going to be already paid up in dividends. Pity was only using change and it seems this share is defying gravity at least wanjiku should have a bite
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Safaricom 1H16 Results net profit up 23%
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