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BAT Kenya HY16
Aguytrying
#21 Posted : Saturday, July 16, 2016 1:20:50 AM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Pesa Nane wrote:
MaichBlack wrote:
VituVingiSana wrote:
I did not have many BAT but I regret selling them off a few years ago. I think they were 250-ish back then. There was a movement against BAT/tobacco with higher taxes, more regulation, crackdown on ads, etc.
As a non-smoker, I thought smoking would reduce substantially with the higher prices on cigarettes but I under-estimated the will of smokers to smoke come what may.

I thought BAT's profits would stagnate but was I wrong... Profits have been increasing and with the 100% Dividend Payout.. it just gets better.

A well-managed PRIVATE firm.

*IMHO, a nasty & unhealthy habit and even if I were a shareholder, I would encourage people NOT to smoke*

Warren Buffett famously stated, "I'll tell you why I like the cigarette business. It costs a penny to make. Sell it for a dollar. (haram) It's addictive. (haram) And there's fantastic fanatical brand loyalty. (haram)"



What would a fair price be for this resilient stock in a bear market?
The investor's chief problem - and even his worst enemy - is likely to be himself
sparkly
#22 Posted : Saturday, July 16, 2016 7:16:29 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
@vvs remember this thread

http://m.wazua.co.ke/for...posts&t=7164&p=2
Life is short. Live passionately.
VituVingiSana
#23 Posted : Saturday, July 16, 2016 8:36:34 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,131
Location: Nairobi
[quote=sparkly]@vvs remember this thread

http://m.wazua.co.ke/for...osts&t=7164&p=2[/quote]
Some folks are trying to be holier-than-thou. I regret selling my BAT instead of buying more. I remain opposed to smoking until a 'healthy' alternative is found.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#24 Posted : Saturday, July 16, 2016 9:57:08 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,563
Location: nairobi
VituVingiSana wrote:
[quote=sparkly]@vvs remember this thread

http://m.wazua.co.ke/for...osts&t=7164&p=2[/quote]
Some folks are trying to be holier-than-thou. I regret selling my BAT instead of buying more. I remain opposed to smoking until a 'healthy' alternative is found.

I keep telling @wazua that this man cannot be trusted. His DNA resembles that of Hon Kalonzo. Selling at a loss is his raison d'etre

COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
mlennyma
#25 Posted : Saturday, July 16, 2016 11:09:23 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,184
Location: nairobi
Ebenyo wrote:
Pesa Nane wrote:


BAT is just a dividend paying stock.Hii ni ya wazee wa 60-70 years hivi.

isn't the government also pocketing too much??Sad
"Don't let the fear of losing be greater than the excitement of winning."
Plimsoul
#26 Posted : Saturday, July 16, 2016 11:45:50 AM
Rank: Member


Joined: 3/3/2016
Posts: 132
VituVingiSana wrote:
I did not have many BAT but I regret selling them off a few years ago. I think they were 250-ish back then. There was a movement against BAT/tobacco with higher taxes, more regulation, crackdown on ads, etc.
As a non-smoker, I thought smoking would reduce substantially with the higher prices on cigarettes but I under-estimated the will of smokers to smoke come what may.

I thought BAT's profits would stagnate but was I wrong... Profits have been increasing and with the 100% Dividend Payout.. it just gets better.

A well-managed PRIVATE firm.

*IMHO, a nasty & unhealthy habit and even if I were a shareholder, I would encourage people NOT to smoke*


LOL. This is me exactly. My other regret is that I did not buy it after. Always thought it was expensive, at 300, 400, 500, and so on to the present. Same story with Safaricom
VituVingiSana
#27 Posted : Saturday, July 16, 2016 12:35:54 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,131
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
[quote=sparkly]@vvs remember this thread

http://m.wazua.co.ke/for...osts&t=7164&p=2[/quote]
Some folks are trying to be holier-than-thou. I regret selling my BAT instead of buying more. I remain opposed to smoking until a 'healthy' alternative is found.

I keep telling @wazua that this man cannot be trusted. His DNA resembles that of Hon Kalonzo. Selling at a loss is his raison d'etre

Laughing out loudly Laughing out loudly Laughing out loudly I am still waiting for your contact info so I can provide the address or account where you can send the 100k.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#28 Posted : Saturday, July 16, 2016 4:02:12 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,563
Location: nairobi
Plimsoul wrote:
VituVingiSana wrote:
I did not have many BAT but I regret selling them off a few years ago. I think they were 250-ish back then. There was a movement against BAT/tobacco with higher taxes, more regulation, crackdown on ads, etc.
As a non-smoker, I thought smoking would reduce substantially with the higher prices on cigarettes but I under-estimated the will of smokers to smoke come what may.

I thought BAT's profits would stagnate but was I wrong... Profits have been increasing and with the 100% Dividend Payout.. it just gets better.

A well-managed PRIVATE firm.

*IMHO, a nasty & unhealthy habit and even if I were a shareholder, I would encourage people NOT to smoke*


LOL. This is me exactly. My other regret is that I did not buy it after. Always thought it was expensive, at 300, 400, 500, and so on to the present. Same story with Safaricom

Pole to you. Hope the point taken, lesson learned.. @vvs is a master in premature speculation

COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Plimsoul
#29 Posted : Saturday, July 16, 2016 5:29:42 PM
Rank: Member


Joined: 3/3/2016
Posts: 132
obiero wrote:
Plimsoul wrote:
VituVingiSana wrote:
I did not have many BAT but I regret selling them off a few years ago. I think they were 250-ish back then. There was a movement against BAT/tobacco with higher taxes, more regulation, crackdown on ads, etc.
As a non-smoker, I thought smoking would reduce substantially with the higher prices on cigarettes but I under-estimated the will of smokers to smoke come what may.

I thought BAT's profits would stagnate but was I wrong... Profits have been increasing and with the 100% Dividend Payout.. it just gets better.

A well-managed PRIVATE firm.

*IMHO, a nasty & unhealthy habit and even if I were a shareholder, I would encourage people NOT to smoke*


LOL. This is me exactly. My other regret is that I did not buy it after. Always thought it was expensive, at 300, 400, 500, and so on to the present. Same story with Safaricom

Pole to you. Hope the point taken, lesson learned.. @vvs is a master in premature speculation


Thanks.

Wait, is KQ over 80% of your portfolio? You've really bet it all on it haven't you? Wow
obiero
#30 Posted : Saturday, July 16, 2016 5:39:05 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,563
Location: nairobi
Plimsoul wrote:
obiero wrote:
Plimsoul wrote:
VituVingiSana wrote:
I did not have many BAT but I regret selling them off a few years ago. I think they were 250-ish back then. There was a movement against BAT/tobacco with higher taxes, more regulation, crackdown on ads, etc.
As a non-smoker, I thought smoking would reduce substantially with the higher prices on cigarettes but I under-estimated the will of smokers to smoke come what may.

I thought BAT's profits would stagnate but was I wrong... Profits have been increasing and with the 100% Dividend Payout.. it just gets better.

A well-managed PRIVATE firm.

*IMHO, a nasty & unhealthy habit and even if I were a shareholder, I would encourage people NOT to smoke*


LOL. This is me exactly. My other regret is that I did not buy it after. Always thought it was expensive, at 300, 400, 500, and so on to the present. Same story with Safaricom

Pole to you. Hope the point taken, lesson learned.. @vvs is a master in premature speculation


Thanks.

Wait, is KQ over 80% of your portfolio? You've really bet it all on it haven't you? Wow

Yes I have.. Though overall portfolio of tangible wealth, it's less than 4%

COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Plimsoul
#31 Posted : Saturday, July 16, 2016 6:23:41 PM
Rank: Member


Joined: 3/3/2016
Posts: 132
obiero wrote:
Plimsoul wrote:
obiero wrote:
Plimsoul wrote:
VituVingiSana wrote:
I did not have many BAT but I regret selling them off a few years ago. I think they were 250-ish back then. There was a movement against BAT/tobacco with higher taxes, more regulation, crackdown on ads, etc.
As a non-smoker, I thought smoking would reduce substantially with the higher prices on cigarettes but I under-estimated the will of smokers to smoke come what may.

I thought BAT's profits would stagnate but was I wrong... Profits have been increasing and with the 100% Dividend Payout.. it just gets better.

A well-managed PRIVATE firm.

*IMHO, a nasty & unhealthy habit and even if I were a shareholder, I would encourage people NOT to smoke*


LOL. This is me exactly. My other regret is that I did not buy it after. Always thought it was expensive, at 300, 400, 500, and so on to the present. Same story with Safaricom

Pole to you. Hope the point taken, lesson learned.. @vvs is a master in premature speculation


Thanks.

Wait, is KQ over 80% of your portfolio? You've really bet it all on it haven't you? Wow

Yes I have.. Though overall portfolio of tangible wealth, it's less than 4%


Csn I ask how old you are?
obiero
#32 Posted : Saturday, July 16, 2016 6:45:36 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,563
Location: nairobi
Plimsoul wrote:
obiero wrote:
Plimsoul wrote:
obiero wrote:
Plimsoul wrote:
VituVingiSana wrote:
I did not have many BAT but I regret selling them off a few years ago. I think they were 250-ish back then. There was a movement against BAT/tobacco with higher taxes, more regulation, crackdown on ads, etc.
As a non-smoker, I thought smoking would reduce substantially with the higher prices on cigarettes but I under-estimated the will of smokers to smoke come what may.

I thought BAT's profits would stagnate but was I wrong... Profits have been increasing and with the 100% Dividend Payout.. it just gets better.

A well-managed PRIVATE firm.

*IMHO, a nasty & unhealthy habit and even if I were a shareholder, I would encourage people NOT to smoke*


LOL. This is me exactly. My other regret is that I did not buy it after. Always thought it was expensive, at 300, 400, 500, and so on to the present. Same story with Safaricom

Pole to you. Hope the point taken, lesson learned.. @vvs is a master in premature speculation


Thanks.

Wait, is KQ over 80% of your portfolio? You've really bet it all on it haven't you? Wow

Yes I have.. Though overall portfolio of tangible wealth, it's less than 4%


Csn I ask how old you are?

Close to 30

COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Plimsoul
#33 Posted : Saturday, July 16, 2016 7:55:32 PM
Rank: Member


Joined: 3/3/2016
Posts: 132
obiero wrote:
Plimsoul wrote:
obiero wrote:
Plimsoul wrote:
obiero wrote:
Plimsoul wrote:
VituVingiSana wrote:
I did not have many BAT but I regret selling them off a few years ago. I think they were 250-ish back then. There was a movement against BAT/tobacco with higher taxes, more regulation, crackdown on ads, etc.
As a non-smoker, I thought smoking would reduce substantially with the higher prices on cigarettes but I under-estimated the will of smokers to smoke come what may.

I thought BAT's profits would stagnate but was I wrong... Profits have been increasing and with the 100% Dividend Payout.. it just gets better.

A well-managed PRIVATE firm.

*IMHO, a nasty & unhealthy habit and even if I were a shareholder, I would encourage people NOT to smoke*


LOL. This is me exactly. My other regret is that I did not buy it after. Always thought it was expensive, at 300, 400, 500, and so on to the present. Same story with Safaricom

Pole to you. Hope the point taken, lesson learned.. @vvs is a master in premature speculation


Thanks.

Wait, is KQ over 80% of your portfolio? You've really bet it all on it haven't you? Wow

Yes I have.. Though overall portfolio of tangible wealth, it's less than 4%


Csn I ask how old you are?

Close to 30


Wow. I was going to criticize, but that's impressive. You've done well for yourself. Well done. Having 18m at 30, you are obviously doing something right. Keep it up.
Pesa Nane
#34 Posted : Tuesday, August 02, 2016 6:44:30 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Oduor-Otieno be like .."naona heri nirudi nyumbani..."

Pesa Nane plans to be shilingi when he grows up.
obiero
#35 Posted : Wednesday, September 07, 2016 8:45:32 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,563
Location: nairobi
Plimsoul wrote:
obiero wrote:
Plimsoul wrote:
obiero wrote:
Plimsoul wrote:
obiero wrote:
Plimsoul wrote:
VituVingiSana wrote:
I did not have many BAT but I regret selling them off a few years ago. I think they were 250-ish back then. There was a movement against BAT/tobacco with higher taxes, more regulation, crackdown on ads, etc.
As a non-smoker, I thought smoking would reduce substantially with the higher prices on cigarettes but I under-estimated the will of smokers to smoke come what may.

I thought BAT's profits would stagnate but was I wrong... Profits have been increasing and with the 100% Dividend Payout.. it just gets better.

A well-managed PRIVATE firm.

*IMHO, a nasty & unhealthy habit and even if I were a shareholder, I would encourage people NOT to smoke*


LOL. This is me exactly. My other regret is that I did not buy it after. Always thought it was expensive, at 300, 400, 500, and so on to the present. Same story with Safaricom

Pole to you. Hope the point taken, lesson learned.. @vvs is a master in premature speculation


Thanks.

Wait, is KQ over 80% of your portfolio? You've really bet it all on it haven't you? Wow

Yes I have.. Though overall portfolio of tangible wealth, it's less than 4%


Csn I ask how old you are?

Close to 30


Wow. I was going to criticize, but that's impressive. You've done well for yourself. Well done. Having 18m at 30, you are obviously doing something right. Keep it up.

BAT now faces a cut of KES 0.15B per year as part of the Tobacco Ammendment Bill.. Funds to be collated to a Tobacco Fund.. This government..

COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Pesa Nane
#36 Posted : Tuesday, October 04, 2016 3:08:05 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Ericsson
#37 Posted : Tuesday, October 04, 2016 3:14:56 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
Applause Applause Applause
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Pesa Nane
#38 Posted : Friday, February 17, 2017 10:12:55 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Philip Lopokoiyit resigns as Finance Director


LINK to web as we await Admin


@Wazua admin the photos are NOT loading.
Pesa Nane plans to be shilingi when he grows up.
Chaka
#39 Posted : Friday, February 17, 2017 10:55:59 AM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
[quote=Pesa Nane]Philip Lopokoiyit resigns as Finance Director

does 'other interests'= politics?
VituVingiSana
#40 Posted : Friday, February 17, 2017 1:05:40 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,131
Location: Nairobi
Chaka wrote:
[quote=Pesa Nane]Philip Lopokoiyit resigns as Finance Director

does 'other interests'= politics?

If true then shows how lucrative politics is that he would leave a high flying job with great benefits and career path for politics!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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