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WPP ScanGroup Plc FY 2019
Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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sparkly wrote:FUNKY wrote:Special dividend of 8/- a share When the likes of Equity and NCBA are being mean. Accept and move on,Equity and NCBA have bigger problems Cic insurance also doing a land sale with and may do a similar move. 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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Ericsson wrote:sparkly wrote:FUNKY wrote:Special dividend of 8/- a share When the likes of Equity and NCBA are being mean. Accept and move on,Equity and NCBA have bigger problems Cic insurance also doing a land sale with and may do a similar move. Today it has gained more than 35%. Looks like it will touch 50bob. Which will give a dividend yield of 16% 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: Veteran Joined: 4/30/2010 Posts: 1,635
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Ericsson wrote:sparkly wrote:FUNKY wrote:Special dividend of 8/- a share When the likes of Equity and NCBA are being mean. Accept and move on,Equity and NCBA have bigger problems Cic insurance also doing a land sale with and may do a similar move. CIC will first have to clear the co op bank loan
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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cyruskulei wrote:Ericsson wrote:sparkly wrote:FUNKY wrote:Special dividend of 8/- a share When the likes of Equity and NCBA are being mean. Accept and move on,Equity and NCBA have bigger problems Cic insurance also doing a land sale with and may do a similar move. Today it has gained more than 35%. Looks like it will touch 50bob. Which will give a dividend yield of 16% Down to ksh.20 Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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Ericsson wrote:cyruskulei wrote:Ericsson wrote:sparkly wrote:FUNKY wrote:Special dividend of 8/- a share When the likes of Equity and NCBA are being mean. Accept and move on,Equity and NCBA have bigger problems Cic insurance also doing a land sale with and may do a similar move. Today it has gained more than 35%. Looks like it will touch 50bob. Which will give a dividend yield of 16% Down to ksh.20 one big seller has been trying to exit desperately, a very unwise seller There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: New-farer Joined: 2/27/2018 Posts: 56 Location: Cambrian Dc
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Ericsson wrote:cyruskulei wrote:Ericsson wrote:sparkly wrote:FUNKY wrote:Special dividend of 8/- a share When the likes of Equity and NCBA are being mean. Accept and move on,Equity and NCBA have bigger problems Cic insurance also doing a land sale with and may do a similar move. Today it has gained more than 35%. Looks like it will touch 50bob. Which will give a dividend yield of 16% Down to ksh.20 Dividend trap jitters. But it will rise towards the book closure date. If the radiance of a thousand suns were to burst at once into the sky that would be like the splendour of the mighty one.
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Rank: Veteran Joined: 8/10/2014 Posts: 969 Location: Kenya
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VyaBureSiachi wrote:Ericsson wrote:cyruskulei wrote:Ericsson wrote:sparkly wrote:FUNKY wrote:Special dividend of 8/- a share When the likes of Equity and NCBA are being mean. Accept and move on,Equity and NCBA have bigger problems Cic insurance also doing a land sale with and may do a similar move. Today it has gained more than 35%. Looks like it will touch 50bob. Which will give a dividend yield of 16% Down to ksh.20 Dividend trap jitters. But it will rise towards the book closure date. Lemme see if I can predict the residual valuation after book closure. The discontinued operations had an operating profit Ksh536 million while what remains had Ksh130 million. This shows Kantar had bigger margins from relatively almost equal revenues. From the Ksh5bn they are distributing Ksh3.5 billion so the Ksh1.5 billion remaining may bring in Ksh150 million in interest income. So ceteris paribus the full net income may be Ksh450 million which is almost half of the consolidated income of 835 million before disposal of Kantar.... I may be wrong but I think the remaining business valuation will be affected by the bottom line so 7 - 11 is my predicted residual price
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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FUNKY wrote:Ericsson wrote:sparkly wrote:FUNKY wrote:Special dividend of 8/- a share When the likes of Equity and NCBA are being mean. Accept and move on,Equity and NCBA have bigger problems Cic insurance also doing a land sale with and may do a similar move. CIC will first have to clear the co op bank loan Special general meeting coming shortly
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Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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watesh wrote:VyaBureSiachi wrote:Ericsson wrote:cyruskulei wrote:Ericsson wrote:sparkly wrote:FUNKY wrote:Special dividend of 8/- a share When the likes of Equity and NCBA are being mean. Accept and move on,Equity and NCBA have bigger problems Cic insurance also doing a land sale with and may do a similar move. Today it has gained more than 35%. Looks like it will touch 50bob. Which will give a dividend yield of 16% Down to ksh.20 Dividend trap jitters. But it will rise towards the book closure date. Lemme see if I can predict the residual valuation after book closure. The discontinued operations had an operating profit Ksh536 million while what remains had Ksh130 million. This shows Kantar had bigger margins from relatively almost equal revenues. From the Ksh5bn they are distributing Ksh3.5 billion so the Ksh1.5 billion remaining may bring in Ksh150 million in interest income. So ceteris paribus the full net income may be Ksh450 million which is almost half of the consolidated income of 835 million before disposal of Kantar.... I may be wrong but I think the remaining business valuation will be affected by the bottom line so 7 - 11 is my predicted residual price so those who sold at 24 yesterday maybe better off
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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bartum wrote:FUNKY wrote:Ericsson wrote:sparkly wrote:FUNKY wrote:Special dividend of 8/- a share When the likes of Equity and NCBA are being mean. Accept and move on,Equity and NCBA have bigger problems Cic insurance also doing a land sale with and may do a similar move. CIC will first have to clear the co op bank loan Special general meeting coming shortly Which month and when is the announcement being done Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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FUNKY wrote:Ericsson wrote:sparkly wrote:FUNKY wrote:Special dividend of 8/- a share When the likes of Equity and NCBA are being mean. Accept and move on,Equity and NCBA have bigger problems Cic insurance also doing a land sale with and may do a similar move. CIC will first have to clear the co op bank loan As at 31 December 2019 outstanding figure was ksh.3.748bn 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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sparkly wrote:FUNKY wrote:Special dividend of 8/- a share When the likes of Equity and NCBA are being mean. DEMAND 765,400 BIDS Time Splits Quantity Price 13:19:08 631 636,100 20.00 1 SUPPLYASKS 171,500Price Quantity Splits Time 20.50 16,000 1 13:01:45 20.70 50,000 1 10:28:36 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: Hello Joined: 3/21/2019 Posts: 1 Location: nairobi
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cyruskulei wrote:sparkly wrote:FUNKY wrote:Special dividend of 8/- a share When the likes of Equity and NCBA are being mean. DEMAND 765,400 BIDS Time Splits Quantity Price 13:19:08 631 636,100 20.00 1 SUPPLYASKS 171,500Price Quantity Splits Time 20.50 16,000 1 13:01:45 20.70 50,000 1 10:28:36 Any news or foresight on how they intend to invest the 1.5 BN that will remain after the dividend payout?
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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misorvisor wrote:cyruskulei wrote:sparkly wrote:FUNKY wrote:Special dividend of 8/- a share When the likes of Equity and NCBA are being mean. DEMAND 765,400 BIDS Time Splits Quantity Price 13:19:08 631 636,100 20.00 1 SUPPLYASKS 171,500Price Quantity Splits Time 20.50 16,000 1 13:01:45 20.70 50,000 1 10:28:36 Any news or foresight on how they intend to invest the 1.5 BN that will remain after the dividend payout? Probably pay any debt in their books Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 11/21/2006 Posts: 1,590
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They can use ksh0.5bn to clear the loan and then the rest perhaps to acquire a good business at a significant discount given covid misorvisor wrote:cyruskulei wrote:sparkly wrote:FUNKY wrote:Special dividend of 8/- a share When the likes of Equity and NCBA are being mean. DEMAND 765,400 BIDS Time Splits Quantity Price 13:19:08 631 636,100 20.00 1 SUPPLYASKS 171,500Price Quantity Splits Time 20.50 16,000 1 13:01:45 20.70 50,000 1 10:28:36 Any news or foresight on how they intend to invest the 1.5 BN that will remain after the dividend payout? Sehemu ndio nyumba
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Counter starts trading ex dividend today. Expect a big fall to ksh.13 levels. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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Ericsson wrote:Counter starts trading ex dividend today. Expect a big fall to ksh.13 levels. What is the best price to put if you want to exit eaerly in the morning? Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Rank: New-farer Joined: 4/28/2019 Posts: 88 Location: Talai
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Impunity wrote:Ericsson wrote:Counter starts trading ex dividend today. Expect a big fall to ksh.13 levels. What is the best price to put if you want to exit eaerly in the morning? NSE SAYS Price must be between 17.7 and 21.599999999999998 if you can weka 12ksh. you can exit with 5300 shares only when market opens.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Impunity wrote:Ericsson wrote:Counter starts trading ex dividend today. Expect a big fall to ksh.13 levels. What is the best price to put if you want to exit eaerly in the morning? Sh.8 Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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Ericsson wrote:Impunity wrote:Ericsson wrote:Counter starts trading ex dividend today. Expect a big fall to ksh.13 levels. What is the best price to put if you want to exit eaerly in the morning? Sh.8 let it be. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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