I was expecting some cashflow dip as the Equitel squaring happens as well as the Yu acquisition. That's a huge pile of cash to fight off the expected Equitel onslaught. This will be an interesting fight.

Full highlights


Cashflow guidance for full year is between 25 - 25.5B. If the div payout rate as last year is maintained it means the div pay will be between 51 - 52cts or a 8-10% div pay increase. Div investors won't like this. Div yield on the div estimate at current price (12.20) is 4.18%.

Div yield history
08/09 DPS - 0.10
09/10 DPS - 0.20 - 100%
10/11 DPS - 0.20 - 0%
11/12 DPS - 0.22 - 10%
12/13 DPS - 0.31 - 40.9%
13/14 DPS - 0.47 - 51.6%
14/15 DPS - estimate 0.51/0.52 - 8.51%/10.63%

If you follow the DPS revisions, the years when there was a hike the share has rallied.

The acquisition bit may create some excitement, but 13.50 is a solid barrier. Once broken top side target is 15.50 - 16.00, but will need a huge push to achieve. At which point NSE20 5500 barrier will likely be tested or letting go!

I see very few Wazuans remained here. Very well. We keep marching on. As the digital tv battle goes on in the courts,they lay more cable

And yet 6 hours later, there are only 5 posts! Now 6!!!

Equitel will definitely need such deal makers in this case the president was the deal maker for mpesa bank and moneygram! State House as your deal maker! Can't beat that...

http://www.businessdaily...4/-/pmmhtaz/-/index.html

Dont know how long to hold on this. Kupimwa subira ndio hii