Ericsson wrote:MaichBlack wrote:VituVingiSana wrote:Angelica _ann wrote:Dividends have come through, been sweet this month
Kabisa!
C&G jana.
BAT next week.
*Among others
Equity...
Great times...
I am pumping everything (dividends and free cash) into KCB!! The only stock I am currently buying. Upto December or March next year. I am betting big on KCB!!
After that I seat pretty then we talk in a couple of years when subsidiaries start sending a huge portion of their profits to the group after the growth phase.
KCB has ambitions to enter Ethiopia through an acquisition which will not be cheap
I am extremely fine with that. As a long term investor, I love growth!! So long as investments are well thought out I want the companies I am invested in to grow and allocate capital to the same.
I can live with lower dividends short term so long as the profits are being reinvested to bring in even more profits in future.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.