wazua Tue, Mar 24, 2026
Welcome Guest Search | Active Topics | Log In

4 Pages123>»
Nation Media FY 2011 PAT up 31 percent
FUNKY
#1 Posted : Wednesday, March 14, 2012 2:44:57 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
young
#2 Posted : Wednesday, March 14, 2012 3:17:26 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria

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.html
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. .
FUNKY
#3 Posted : Wednesday, March 14, 2012 3:20:54 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
At the current price of 160/- it translates to a 5 percent dividend yield which is not that good. The share is expensive
guru267
#4 Posted : Wednesday, March 14, 2012 3:41:14 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
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
sparkly
#5 Posted : Wednesday, March 14, 2012 7:58:46 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
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.
the deal
#6 Posted : Wednesday, March 14, 2012 10:27:08 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
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 smile
young
#7 Posted : Thursday, March 15, 2012 11:16:53 AM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria
@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. .
the deal
#8 Posted : Thursday, March 15, 2012 11:44:20 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
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...
Aguytrying
#9 Posted : Thursday, March 15, 2012 12:37:06 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
@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
young
#10 Posted : Thursday, March 15, 2012 5:32:25 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria
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. .
4 Pages123>»
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.