wazua Wed, Mar 25, 2026
Welcome Guest Search | Active Topics | Log In

47 Pages«<1920212223>»
Bargains to buy from tomorrow???
mwanahisa
#201 Posted : Thursday, March 24, 2011 3:20:41 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
KK's EPS of 1.21 is better than expected as far as I am concerned, although I imagine some folks expected as high as 1.70 given the first half results before the "evil axis" stepped in to spoil the party. I expected a dividend of 35 cts but got 52 cts, a whole 50% more.

Good set of results, but if the market is still in the mood of punishing shares that do well, I wonder what will happen to its share price tomorrow. Under normal circumstances, I would bet that price would shoot up!

What are your thoughts?
VituVingiSana
#202 Posted : Thursday, March 24, 2011 3:47:29 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,350
Location: Nairobi
SELL, SELL, SELL so I can buy...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
The Merchant
#203 Posted : Thursday, March 24, 2011 4:45:20 PM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
In this market no matter how the results are the share will GO DOWN. Its the perfect setting for a value hunter! Lakini pesa is not unlimited, there lies the catch...
2012
#204 Posted : Thursday, March 24, 2011 4:55:55 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
The Merchant wrote:
In this market no matter how the results are the share will GO DOWN. Its the perfect setting for a value hunter! Lakini pesa is not unlimited, there lies the catch...


I doubt KK will go down. I can almost bet it will not trade below 10/- from tomorrow. Has anyone including those overrated Financials given better dividend than this?

BBI will solve it
:)
mwanahisa
#205 Posted : Thursday, March 24, 2011 6:55:17 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
2012 wrote:
The Merchant wrote:
In this market no matter how the results are the share will GO DOWN. Its the perfect setting for a value hunter! Lakini pesa is not unlimited, there lies the catch...


I doubt KK will go down. I can almost bet it will not trade below 10/- from tomorrow. Has anyone including those overrated Financials given better dividend than this?


I also doubt whether KK will go down, at least not in the next one week or so.

But to answer your question, as a matter of fact KCB's dividend yield is indeed fractionally higher than that for KK. BBK had a much higher dividend yield (partly from the exceptional item), while that for BAT is also higher. At the time of announcing results, E.A. Cables also had a higher dividend yield. I hesitate to mention that for BOC as it is coming from reserves.

Bottomline is that KK has a pretty nice yield, but its main attraction is coming from the fact that it was unexpected, especially, in my case. I am also happy about the fact that plenty of money is still left over for expansion, even with this payout.
Aguytrying
#206 Posted : Thursday, March 24, 2011 7:35:25 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
@impunity. I will keep on trying until im a billionaire. @mwanahisa. Ah ha. Interesting u also went for arm. Means im on the right track. I know how you picked up the bargains last time market went south. It was too sweet to resist. your right, the initial higher price had factored in the future gains with that high p.e of 21. Since nothing has changed. Bargain hunting time. The new plant will make its production slightly higher than bamburi. Its a nice share to hold. Really nice.
The investor's chief problem - and even his worst enemy - is likely to be himself
Aguytrying
#207 Posted : Thursday, March 24, 2011 7:39:55 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
I wish, but i dont see kk remaining low. The dividend and prospects are just too enticing. Im a shareholder and even i want to buy more. Attractive because. U are almost guaranteed that if u buy now for the dividends u are unlikely to suffer from capital erosion. If the market is not interested, i'll continue to accumulate, if they are ill see to them at my premium.
The investor's chief problem - and even his worst enemy - is likely to be himself
the deal
#208 Posted : Friday, March 25, 2011 9:10:20 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Warren Buffet in his new letter to BH shareholders emphasizes the essence of Liquidity, he says an investor should be liquid at all times and warns against leverage.
2012
#209 Posted : Friday, March 25, 2011 9:59:40 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Why do I feel like Kenya Re might just shock us all with great results, dividends or maybe even a good bonus...

BBI will solve it
:)
mwanahisa
#210 Posted : Friday, March 25, 2011 10:16:58 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
2012 wrote:
Why do I feel like Kenya Re might just shock us all with great results, dividends or maybe even a good bonus...


I am expecting good (but not suprising) results from KenRe - EPS of at least 2.50 with a dividend of no less than 50 cts. However, everybody seems to know this, but still the share stagnates.

It looks like HARDLY ANYTHING can move this market up. So, I will just take my 5%+ dividend and wait for a time when rationality comes back to the market.
47 Pages«<1920212223>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.