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Nation Media FY 2011 PAT up 31 percent
Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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Final Dividend 6.50 bob. Previous interim 1.50 bob making a total of 8.00 bob for year 2011. http://www.businessdaily...10/-/b99uat/-/index.htmlThe wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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At the current price of 160/- it translates to a 5 percent dividend yield which is not that good. The share is expensive
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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FUNKY wrote:At the current price of 160/- it translates to a 5 percent dividend yield which is not that good. The share is expensive @FUNKY trust me when I say most investors and directors in Aga khan firms do not really care about dividends... To us its all about seeing that EPS go up & up.. The share price usually takes care of us later on... So to squeeze out 5% yield is a really sweet deal.. I wonder what Jubilee will provide this year... Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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FUNKY wrote:At the current price of 160/- it translates to a 5 percent dividend yield which is not that good. The share is expensive This is a value investor's dream share. Growing BS and P&L, healthy margins, dominant in its industry, A class management, increasing dividends, periodic bonuses, negligible debt. This is the only share i have held for almost 5 yrs without selling. Average buy 125. Life is short. Live passionately.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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sparkly wrote:FUNKY wrote:At the current price of 160/- it translates to a 5 percent dividend yield which is not that good. The share is expensive This is a value investor's dream share. Growing BS and P&L, healthy margins, dominant in its industry, A class management, increasing dividends, periodic bonuses, negligible debt. This is the only share i have held for almost 5 yrs without selling. Average buy 125. Awful returns mate...5.6% per annum even T-Bills would have done much better 
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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@the deal I tend to differ with your calculation. At the average price of 125 the dividend yield is 6.4% and the capital gain (for now) this year is 28%. So the total gain this year is 34.4 %. But he can actually realise the part (b) ie the 28% gain if he sells at this time, as I am sure NMG will still drop to 125 later this year. The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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young wrote:@the deal I tend to differ with your calcation.
At the average price of 125 the dividend yield is 6.4% and the capital gain (for now) this year is 28%.
So the total gain this year is 34.4 %.
But he can actually realise the part (b) ie the 28% gain if he sells at this time, as I am sure NMG will
still drop to 125 later this year. He has been holding the stock for 5 years not 1 year...compare his returns to a risk free 5 year bond...
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@young. Liking your bearishness. When do you think stocks will tank proper, from your experience. And what low price would you expect for the following: kenol, kplc, kcb, equity. Thanks. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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Aguytrying wrote:@young. Liking your bearishness. When do you think stocks will tank proper, from your experience. And what low price would you expect for the following: kenol, kplc, kcb, equity. Thanks.
@Aguy,It is not a question of thinking bearishness, it is just the princples of what goes up must come down. There is always a time of market correction even for good companies. For a long term investor instead of injecting more money to buy your favorite stock when it is cheap, you can equally do what I do once in a year on NMG and EABL to increase your holdings without injecting new funds. I sold all my units of NMG at 185 bob specifically in may 2011 and bought back at 135 in November 2011 after it has lose steam and euphoria. I have been doing this for the past 3 years only for NMG & EABL. My 125 bob low price is just a prediction not a hard and fast rule as I am factoring in the political uncertainty this year so I expect NMG to get as low or close to that in the months ahead. Meanwhile I am looking forward to selling NMG circa 180 again this year. I cannot predict other counters as I do not apply this technique to them. This buy back approach is called passive recursive trading. It is very useful to long term investors. Cheers The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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young wrote:Aguytrying wrote:@young. Liking your bearishness. When do you think stocks will tank proper, from your experience. And what low price would you expect for the following: kenol, kplc, kcb, equity. Thanks.
@Aguy,It is not a question of thinking bearishness, it is just the princples of what goes up must come down. There is always a time of market correction even for good companies. For a long term investor instead of injecting more money to buy your favorite stock when it is cheap, you can equally do what I do once in a year on NMG and EABL to increase your holdings without injecting new funds. I sold all my units of NMG at 185 bob specifically in may 2011 and bought back at 135 in November 2011 after it has lose steam and euphoria. I have been doing this for the past 3 years only for NMG & EABL. My 125 bob low price is just a prediction not a hard and fast rule as I am factoring in the political uncertainty this year so I expect NMG to get as low or close to that in the months ahead. Meanwhile I am looking forward to selling NMG circa 180 again this year. I cannot predict other counters as I do not apply this technique to them. This buy back approach is called passive recursive trading. It is very useful to long term investors. Cheers Thanks, You must have noted the trends of EABL an NMG to do this. I did something similar with Kenol Kobil last year, however things have changed and not as predictable for KK share too risky now, in retrospect im lucky i got back in. I'll be waiting for my counters to come down in Q3/Q4 so i can buy more. cheers. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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My choice of NMG and EABL is because their price per share is big and they do not have competetors, they are unique brands. It may be difficult to apply this if they split their shares. You can now understand why I do not try it in banking stocks,kplc etc. The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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young wrote: I have been doing this for the past 3 years only for NMG & EABL. @young I have been reviewing this strategy.. I have successfuly done this with KCB and kenol (both long term plays) for the last two years. For example in KCB I bought at 18bob in 2010, sold at 27 in just before it went ex div in 2011.. I then re entered at 15.95 in december and planning to exit at 27-30 cum div 2012... Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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On my end I have come to be averse to anything that resembles market timing with my longterm holdings and thus focused on year-on-year percentage dividend growth as a more reliable return on Capital invested than awaiting on hindsight to qualify decisions made. In addition, I react only to extra ordinary capital gains as I have learnt that I am reluctant to retake positions I exited. Deuces is Deuces
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Cde Monomotapa wrote:On my end I have come to be averse to anything that resembles market timing with my longterm holdings and thus focused on year-on-year percentage dividend growth as a more reliable return on Capital invested than awaiting on hindsight to qualify decisions made. In addition, I react only to extra ordinary capital gains as I have learnt that I am reluctant to retake positions I exited. Deuces is Deuces Buying cheap is very important here and Bear markets (like in 2009 & 2011) advance this strategy very well
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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the deal wrote:young wrote:@the deal I tend to differ with your calcation.
At the average price of 125 the dividend yield is 6.4% and the capital gain (for now) this year is 28%.
So the total gain this year is 34.4 %.
But he can actually realise the part (b) ie the 28% gain if he sells at this time, as I am sure NMG will
still drop to 125 later this year. He has been holding the stock for 5 years not 1 year...compare his returns to a risk free 5 year bond... @the deal what do you mean by a "risk free bond?" Bonds have risk-interest rate, re-investment, inflation etc In those 5yrs i have been collecting an average div yield of 6% on NMG which i re-invest. They also issued a 1 for 10 bonus and of course i am getting a dividend on those bonus shares. The risk of capital loss is almost nill. Do another calculation. Life is short. Live passionately.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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guru267 wrote:young wrote: I have been doing this for the past 3 years only for NMG & EABL. @young I have been reviewing this strategy.. I have successfuly done this with KCB and kenol (both long term plays) for the last two years. For example in KCB I bought at 18bob in 2010, sold at 27 in just before it went ex div in 2011.. I then re entered at 15.95 in december and planning to exit at 27-30 cum div 2012... @Guru and @Young are you watching NMG? From 2003-2007 it trended between 70-125. Between 2008-2012 it trended between 125-185. Its now zoomed past 185. I think 185 - 240 will be the new "normal" range for this share. Unlike EABL, NMG seems to be driven mostly by fundamentals and it is as conservative as Warren Buffet would be. I think Nation Hela and the East African expansion will maintain it between 185-240 for the time being. Life is short. Live passionately.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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sparkly wrote:guru267 wrote:young wrote: I have been doing this for the past 3 years only for NMG & EABL. @young I have been reviewing this strategy.. I have successfuly done this with KCB and kenol (both long term plays) for the last two years. For example in KCB I bought at 18bob in 2010, sold at 27 in just before it went ex div in 2011.. I then re entered at 15.95 in december and planning to exit at 27-30 cum div 2012... @Guru and @Young are you watching NMG? From 2003-2007 it trended between 70-125. Between 2008-2012 it trended between 125-185. Its now zoomed past 185. I think 185 - 240 will be the new "normal" range for this share. Unlike EABL, NMG seems to be driven mostly by fundamentals and it is as conservative as Warren Buffet would be. I think Nation Hela and the East African expansion will maintain it between 185-240 for the time being. As i predicted, we are now at KShs 240. With a expected PE of 15, its time to start alighting the bus, pole pole as i watch the behaviour of the share towards the year end. Over 100% considering bonuses and dividends. Life is short. Live passionately.
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Rank: Elder Joined: 12/4/2009 Posts: 10,703 Location: NAIROBI
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When is BBK releasing their Q3 results. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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Ericsson wrote:When is BBK releasing their Q3 results. still being cooked! Thieves
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