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> 10 % Dividend Yield........my new yard stick in NSE stock picking
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King G
#101 Posted : Friday, September 28, 2012 4:28:28 PM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
Going for HFCK at anything sub 14.5 bob. i hope i will be rewarded big time by 2015
Thieves
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sparkly
#102 Posted : Sunday, September 30, 2012 1:21:30 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
dunkang wrote:
S.Mutaga III wrote:

@Guru...sometimes you dont need to use abusive language to a wazuan...there are no points to be earned.

roger that.
@guru, also note that the last interim div delayed by 4 months.
if u have cash, or ur dividend is good, i'll advice u buy more of this wire (personaly it accounts to 43% of my portfolio). this time bizna is good, KETRACO is wiring seriously.


Aren't you overexposed to a very cyclical industry? The only way i would have 43% of wire in my portifolio is if i had only 2 or 3 stocks in my portfolio.
Life is short. Live passionately.
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S.Mutaga III
#103 Posted : Tuesday, October 02, 2012 2:08:55 PM
Rank: Member

Joined: 3/26/2012
Posts: 830
10 months down the line and williamson tea now trades at ksh 200 and hfck at ksh 14...rea vipingo is still within the ksh 16-17.5 range....as far as am concerned,its time to pull the buy trigger again as I patiently wait for unga sub ksh 9.
A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Aguytrying
#104 Posted : Tuesday, October 02, 2012 3:24:03 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
S.Mutaga III wrote:
10 months down the line and williamson tea now trades at ksh 200 and hfck at ksh 14...rea vipingo is still within the ksh 16-17.5 range....as far as am concerned,its time to pull the buy trigger again as I patiently wait for unga sub ksh 9.


WTK is at a sweet range. after you buy the trigger i sure hope someone will pull it.
The investor's chief problem - and even his worst enemy - is likely to be himself
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hisah
#105 Posted : Tuesday, October 02, 2012 3:26:28 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
hisah wrote:
REA... Line in the sand still remains 17.50. Once popped its 20 - 21 levels.



VWAP @17.40/- Getting ready to breakout from 17.50/-
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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sparkly
#106 Posted : Tuesday, October 02, 2012 4:26:51 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
hisah wrote:
hisah wrote:
REA... Line in the sand still remains 17.50. Once popped its 20 - 21 levels.



VWAP @17.40/- Getting ready to breakout from 17.50/-


@hisah a very confusing chart this one. Head and shoulders in mid July - August signaling a strong resistance around 17.50 while the double bottom in September showing a strong support at 16.

Life is short. Live passionately.
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hisah
#107 Posted : Tuesday, October 02, 2012 4:30:01 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
sparkly wrote:
hisah wrote:
hisah wrote:
REA... Line in the sand still remains 17.50. Once popped its 20 - 21 levels.



VWAP @17.40/- Getting ready to breakout from 17.50/-


@hisah a very confusing chart this one. Head and shoulders in mid July - August signaling a strong resistance around 17.50 while the double bottom in September showing a strong support at 16.

If you take a year snapshot it looks rosy smile 17.50 is the last resistance before hitting 20s. Or check here - http://www.wazua.co.ke/f...amp;m=295494#post295494


$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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  | | Edit by user: Tuesday, October 02, 2012 4:32 PM | Reason: Not specified
stocksmaster
#108 Posted : Tuesday, October 09, 2012 7:58:52 PM
Rank: Member

Joined: 9/26/2006
Posts: 463
Location: CENTRAL PROVINCE
Williamson Tea today traded almost 2% of its issued shares and accounted for about 11% of NSE turnover for a 10% rise in share price.............

At Ksh 219, it is trading at a P/E of about 2 and at almost half its book value.To this add the ever rising tea prices and you have a share to watch.

Happy hunting.
x handle: @stocksmaster79
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  | | Edit by user: Tuesday, October 09, 2012 7:59 PM | Reason: Not specified
maka
#109 Posted : Tuesday, October 09, 2012 8:19:19 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
stocksmaster wrote:
stocksmaster wrote:
With the index first approaching the 3000 mark, my stock picking focus is now on dividend yield.

For my long term portfolio, i am focusing on stocks that assure me at least a 10% Dividend Yield at prevailing prices. My focus therefore is now on the following stocks:

1. Kenol Kobil - At Ksh 9.30, and with management having assured investors of at least USD 35M net profit (EPS of 2.15 at 45% dividend payment policy) with a dividend of about Ksh 1, this represents 10.75%. Am hoping for a price dip below Ksh 9.00 to undertake massive purchases although am already buying at prevailing prices.

2. KCB - At a projected dividend of Ksh 1.50 for 2011, the price of Ksh 15 represents a 10% dividend yield. Am buying at price dips below Ksh 15.

3. Williamson Tea - Having paid Ksh 15 dividend last year on an EPS of Ksh 97, the company made 91% of this money in 1st Half 2011 alone. Am projecting an EPS of Ksh 135 - 140 for the full year. The company is awash with cash and can comfortably give Ksh 25 - 30 as dividends for 2011. I'll be buying at any price below Ksh 250.

As prices continue to dip, my 10% principle brings more companies into focus.

Happy Hunting.


Its 4 months since i adopted the above investment strategy and a good time to analyze the progress so far:

1. KenolKobil - Purchase Price: Ksh 9.30 ; Current price: Ksh 12. 75
Gain: Ksh 3.45 ; % gain = 37%

2. KCB - Purchase Price: Ksh 15 ; Current Price: Ksh 23.75
Gain: Ksh 8.75 ; % gain = 58.3%

3. Williamson Tea - Purchase Price: Ksh 186 ;
Current Price: Ksh 232
Gain: Ksh 232 - 186 + 50 (Interim Dividend)=
Ksh 96 ; % Gain = 51.6%

The three picks have ourperformed the NSE index (NSE Index has risen about 18% since then).

Am evaluating the three stocks in light of the prevailing market conditions, the capital gains etc and will soon post my next move concerning the three picks.

Happy Hunting.........

...you have done really well.kudos
possunt quia posse videntur
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VituVingiSana
#110 Posted : Wednesday, October 10, 2012 1:11:11 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
stocksmaster wrote:
Williamson Tea today traded almost 2% of its issued shares and accounted for about 11% of NSE turnover for a 10% rise in share price.............

At Ksh 219, it is trading at a P/E of about 2 and at almost half its book value.To this add the ever rising tea prices and you have a share to watch.

Happy hunting.
Though the reported EPS includes the 'Biological Gains' which is not cash earnings. That said, the tea prices are higher but it needs tea leaves which can suffer (low quality & production) from lack of rain + frost/cold weather both of which WTK suffered in 2012.

Capex (as discussed at the AGM):
1) New equipment to replace some of the ancient boilers, etc [the huge plus will be more efficiency] as well as expand the factories to accomodate more leaf.
2) WTK might need to buy a 'wood fuel' farm since diesel is very pricey
3) Roads need to be re-done to improve logistics
4) Improvements to living quarters & social amenities to 'maintain' UTZ & Fairtrade certifications
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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