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Inflation rate for the month of July
Scubidu
#31 Posted : Wednesday, August 01, 2012 6:32:50 PM
Rank: Veteran

Joined: 9/4/2009
Posts: 700
Location: Nairobi
guru267 wrote:
Scubidu wrote:
@guru267. What's the dividend yield on your portfolio?



6.9% trailing

8.5% forward


Amazing yield... but you're trailing is similar to rental yields on an apartment in Nai. you should do a calculation to compound return with reinvested dividends, see what yield you get... btw if you're forward is higher it means you're expecting a significant decline in price... overvalued your portfolio?

According to Hass website areas such State House and Athi have monthly rental income of 104kand 44k respective and their house price on average is 11.6m and 5.3m peracre. So if i buy an acre plot with a house for rent, it appears my yield would be around 10% p.a. right. You believe that?
“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
guru267
#32 Posted : Wednesday, August 01, 2012 6:45:42 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Scubidu wrote:
guru267 wrote:
Scubidu wrote:
@guru267. What's the dividend yield on your portfolio?



6.9% trailing

8.5% forward


Amazing yield... but you're trailing is similar to rental yields on an apartment in Nai. you should do a calculation to compound return with reinvested dividends, see what yield you get... btw if you're forward is higher it means you're expecting a significant decline in price... overvalued your portfolio?


My forward yield is higher because of the expected dividend increases from companies in 2012...

If I factored in bonus issues and dividend reinvestment my yield comes to about 16% for 2012

Scubidu wrote:
According to Hass website areas such State House and Athi have monthly rental income of 104kand 44k respective and their house price on average is 11.6m and 5.3m peracre. So if i buy an acre plot with a house for rent, it appears my yield would be around 10% p.a. right. You believe that?


Have you factored in running costs of the house you rent out?? Issues the tenant might bring up like paint jobs, plumbing, wiring...
Mark 12:29
Deuteronomy 4:16
holycow
#33 Posted : Wednesday, August 01, 2012 7:17:28 PM
Rank: Veteran

Joined: 11/11/2006
Posts: 972
Location: Home
theman192000 wrote:
hisah wrote:
There's something that is not adding up with inflation and lending rates by CBK... If you look at the tbill rate behaviour it says otherwise about inflation nosediving...

I'm finding CBK and treasury moves very confusing and this needs to be resolved asap to jumpstart the econ. Expensive lending rates, expensive tbills, falling inflation rates... WTH... Someone is lying.



@ hisha are you saying that the T-bill is pegged to inflation so they move in tandem? Is the t-bill part of the basket of goods used to determine inflation?d'oh!


The weighted average yield on Kenya's 182-day Treasury bills fell for the first time in six weeks to 13.038 percent in an oversubscribed sale, from 13.379 percent last week, the central bank said on Wednesday

The T-bill rates now pointing south.

http://af.reuters.com/article/k...ws/idAFN6E8G902R20120801
guru267
#34 Posted : Wednesday, August 01, 2012 7:49:26 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
holycow wrote:

The weighted average yield on Kenya's 182-day Treasury bills fell for the first time in six weeks to 13.038 percent in an oversubscribed sale, from 13.379 percent last week, the central bank said on Wednesday

The T-bill rates now pointing south.

http://af.reuters.com/article/k...ws/idAFN6E8G902R20120801


It has began!!
Mark 12:29
Deuteronomy 4:16
Cde Monomotapa
#35 Posted : Wednesday, August 01, 2012 9:23:28 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
I calculate dividend yield on my average net acquisition prices, unless I'm in the mkt buying.
Scubidu
#36 Posted : Thursday, August 02, 2012 8:15:26 AM
Rank: Veteran

Joined: 9/4/2009
Posts: 700
Location: Nairobi
guru267 wrote:
Scubidu wrote:
guru267 wrote:
Scubidu wrote:
@guru267. What's the dividend yield on your portfolio?



6.9% trailing

8.5% forward


Amazing yield... but you're trailing is similar to rental yields on an apartment in Nai. you should do a calculation to compound return with reinvested dividends, see what yield you get... btw if you're forward is higher it means you're expecting a significant decline in price... overvalued your portfolio?


My forward yield is higher because of the expected dividend increases from companies in 2012...

If I factored in bonus issues and dividend reinvestment my yield comes to about 16% for 2012

Scubidu wrote:
According to Hass website areas such State House and Athi have monthly rental income of 104kand 44k respective and their house price on average is 11.6m and 5.3m peracre. So if i buy an acre plot with a house for rent, it appears my yield would be around 10% p.a. right. You believe that?


Have you factored in running costs of the house you rent out?? Issues the tenant might bring up like paint jobs, plumbing, wiring...


Nope I haven't. Wonder what % that would shave off annually. There used to be a theory that when inflation and interest rates lower companies usually reduce their dividend payout (no real evidence though). Btw 16% would be a very super high return.
“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
Aguytrying
#37 Posted : Thursday, August 02, 2012 1:43:41 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Something doesn't add up. Inflation was very high last year, interest rates were high.(i know fuel prices played a role, but....)
Looking at other pre-election periods, was this the trend. i imagine the events should be occurring this year and stabilize next year after dust settles.
I do not believe GOVA, i think we have been played and the game is continuing. Cash for elections has/is being squeezed out.
The investor's chief problem - and even his worst enemy - is likely to be himself
Liv
#38 Posted : Thursday, August 02, 2012 2:12:52 PM
Rank: Veteran

Joined: 11/14/2006
Posts: 1,311
Aguytrying wrote:
Something doesn't add up. Inflation was very high last year, interest rates were high.(i know fuel prices played a role, but....)
Looking at other pre-election periods, was this the trend. i imagine the events should be occurring this year and stabilize next year after dust settles.
I do not believe GOVA, i think we have been played and the game is continuing. Cash for elections has/is being squeezed out.


What doesn't add up?....in English please!!
Aguytrying
#39 Posted : Thursday, August 02, 2012 2:41:46 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Liv wrote:
Aguytrying wrote:
Something doesn't add up. Inflation was very high last year, interest rates were high.(i know fuel prices played a role, but....)
Looking at other pre-election periods, was this the trend. i imagine the events should be occurring this year and stabilize next year after dust settles.
I do not believe GOVA, i think we have been played and the game is continuing. Cash for elections has/is being squeezed out.


What doesn't add up?....in English please!!


I think the government is manipulating inflation, t/bills, Ksh-USD and interest rates since last year for its own ends. I think they will do it again this year or early next year.
The investor's chief problem - and even his worst enemy - is likely to be himself
Liv
#40 Posted : Thursday, August 02, 2012 3:41:48 PM
Rank: Veteran

Joined: 11/14/2006
Posts: 1,311
Aguytrying wrote:
Liv wrote:
Aguytrying wrote:
Something doesn't add up. Inflation was very high last year, interest rates were high.(i know fuel prices played a role, but....)
Looking at other pre-election periods, was this the trend. i imagine the events should be occurring this year and stabilize next year after dust settles.
I do not believe GOVA, i think we have been played and the game is continuing. Cash for elections has/is being squeezed out.


What doesn't add up?....in English please!!


I think the government is manipulating inflation, t/bills, Ksh-USD and interest rates since last year for its own ends. I think they will do it again this year or early next year.


Do you think there are major factors beyond the control of government that affect inflation and exchange rates?
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