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TPS FY17
Pesa Nane
#1 Posted : Wednesday, April 18, 2018 9:54:18 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#2 Posted : Wednesday, April 18, 2018 9:56:02 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Final Div. Kshs. 0.35

Payable 26 July 2018
Closure 26 June 2018
Pesa Nane plans to be shilingi when he grows up.
obiero
#3 Posted : Wednesday, April 18, 2018 10:55:56 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,782
Location: nairobi
Pesa Nane wrote:
Final Div. Kshs. 0.35

Payable 26 July 2018
Closure 26 June 2018

Similar dividend to HF shares at a higher prevailing market price and without bonus shares..

COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
VituVingiSana
#4 Posted : Thursday, April 19, 2018 1:28:22 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,223
Location: Nairobi
obiero wrote:
Pesa Nane wrote:
Final Div. Kshs. 0.35

Payable 26 July 2018
Closure 26 June 2018

Similar dividend to HF shares at a higher prevailing market price and without bonus shares..

Unlike HF, TPSEA doesn't need to pembeleza jittery shareholders.
A huge outlay of funds required to build a new wing and refurbish rooms at Serena Nairobi.
Bonus shares means cutting up the same pie into smaller pieces.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#5 Posted : Thursday, April 19, 2018 7:54:26 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,782
Location: nairobi
VituVingiSana wrote:
obiero wrote:
Pesa Nane wrote:
Final Div. Kshs. 0.35

Payable 26 July 2018
Closure 26 June 2018

Similar dividend to HF shares at a higher prevailing market price and without bonus shares..

Unlike HF, TPSEA doesn't need to pembeleza jittery shareholders.
A huge outlay of funds required to build a new wing and refurbish rooms at Serena Nairobi.
Bonus shares means cutting up the same pie into smaller pieces.

True observation but meanwhile tutakula dividend na bonus

COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
Ebenyo
#6 Posted : Thursday, April 19, 2018 12:11:47 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
Pesa Nane wrote:
Final Div. Kshs. 0.35

Payable 26 July 2018
Closure 26 June 2018



1% dividend yield at the current price.
Towards the goal of financial freedom
obiero
#7 Posted : Thursday, April 19, 2018 3:49:53 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,782
Location: nairobi
Ebenyo wrote:
Pesa Nane wrote:
Final Div. Kshs. 0.35

Payable 26 July 2018
Closure 26 June 2018



1% dividend yield at the current price.

a mere 1% per year of waiting and people like @vvs are doing somersaults over such meager returns

COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
Ericsson
#8 Posted : Thursday, April 19, 2018 5:11:27 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,778
Location: NAIROBI
obiero wrote:
Ebenyo wrote:
Pesa Nane wrote:
Final Div. Kshs. 0.35

Payable 26 July 2018
Closure 26 June 2018



1% dividend yield at the current price.

a mere 1% per year of waiting and people like @vvs are doing somersaults over such meager returns


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

If you get comfortable in investing you will not be profitable
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#9 Posted : Thursday, April 19, 2018 5:13:43 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,782
Location: nairobi
Ericsson wrote:
obiero wrote:
Ebenyo wrote:
Pesa Nane wrote:
Final Div. Kshs. 0.35

Payable 26 July 2018
Closure 26 June 2018



1% dividend yield at the current price.

a mere 1% per year of waiting and people like @vvs are doing somersaults over such meager returns


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

If you get comfortable in investing you will not be profitable

I agree. Though age does play a role in investment choices. As one nears retirement or is past retirement, you cannot expect them to be daring..

COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
Ericsson
#10 Posted : Thursday, April 19, 2018 7:24:57 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,778
Location: NAIROBI
obiero wrote:
Ericsson wrote:
obiero wrote:
Ebenyo wrote:
Pesa Nane wrote:
Final Div. Kshs. 0.35

Payable 26 July 2018
Closure 26 June 2018



1% dividend yield at the current price.

a mere 1% per year of waiting and people like @vvs are doing somersaults over such meager returns


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

If you get comfortable in investing you will not be profitable

I agree. Though age does play a role in investment choices. As one nears retirement or is past retirement, you cannot expect them to be daring..


That's why Robert Kiyosaki said
Retire rich Retire young
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#11 Posted : Friday, April 20, 2018 12:28:55 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,223
Location: Nairobi
obiero wrote:
Ebenyo wrote:
Pesa Nane wrote:
Final Div. Kshs. 0.35

Payable 26 July 2018
Closure 26 June 2018



1% dividend yield at the current price.

a mere 1% per year of waiting and people like @vvs are doing somersaults over such meager returns

Berkshire Hathaway pays a ZERO dividend.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#12 Posted : Friday, April 20, 2018 8:53:32 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
TPS is a very resilient company. It turns a profit and pays a dividend in spite of:

1. Capital intensive expansion and renovations at Nairobi Serena;
2. Acquisitions in the region;
3. Tourism downturn due to travel advisories;
4. Competition from new entrants.

This is a stock worth having in a portfolio at prices 20-30. Value will be unlocked in due course.
Life is short. Live passionately.
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