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BAT FY15 PAT Ksh. 5Bn earnings up 17%
Pesa Nane
#1 Posted : Friday, February 26, 2016 10:07:02 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
BAT FY15 PAT Ksh. 5Bn

Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#2 Posted : Friday, February 26, 2016 10:12:51 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Final Div. Ksh 46 (Interim Ksh. 3.50)
Payable 12 May 2016
Register closes 28 Mar 16

AGM on 12 May 2016
Pesa Nane plans to be shilingi when he grows up.
Ericsson
#3 Posted : Friday, February 26, 2016 10:13:55 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
Majority shareholder BAT PLC is making handosme returns from the kenyan subsidiary.They own 60% of the company and company issues its entire profit after tax as dividend.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Pesa Nane
#4 Posted : Friday, February 26, 2016 10:17:01 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#5 Posted : Friday, February 26, 2016 10:24:31 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
pariah, away away away.

Quote:
RE: RESIGNATION OF A DIRECTOR - BRITISH AMERICAN TOBACCO KENYA LIMITED (BATK)

I write to inform the Nairobis Securities Exchange Limited that, for personal reasons, Dr. Jonathan Ciano has tendered his resignation as a Non-Executive Director of the Company effective 26th February 2016

Ruth Ngobi
Company Secretary


Earlier in the morning...
Quote:
Towards the end of 2015, a number of public allegations were made regarding certain conduct on the part of BAT. The Board of BAT Kenya takes these allegations extremely seriously and has taken steps to ensure that they are fully investigated. All our employees are required to understand and abide by the company's Standards of Business Conduct.
Pesa Nane plans to be shilingi when he grows up.
Aguytrying
#6 Posted : Friday, February 26, 2016 11:04:19 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Someone explain to me like a 2 year old. Why does this company pay out all its profits as dividends? Doesn't it need money for renovations, maintenance and expansion?
The investor's chief problem - and even his worst enemy - is likely to be himself
Pesa Nane
#7 Posted : Friday, February 26, 2016 11:11:18 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Aguytrying wrote:
Someone explain to me like a 2 year old. Why does this company pay out all its profits as dividends? Doesn't it need money for renovations, maintenance and expansion?

Seem to be taken care of...

Quote:
In 2015, the Company completed the roll out of a new instance of SAP, our Entreprise Resource Planning platform. This is in line with our strategy to simplify business structures and further integrate processes. Anticipated benefits include enhancing business information for decision making and providing opportunities for further cost savings.
Pesa Nane plans to be shilingi when he grows up.
cnn
#8 Posted : Friday, February 26, 2016 11:20:12 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
35.8% dividend yield.To be held forever.
mulla
#9 Posted : Friday, February 26, 2016 4:56:07 PM
Rank: Member

Joined: 6/15/2013
Posts: 301
Pesa Nane wrote:
Aguytrying wrote:
Someone explain to me like a 2 year old. Why does this company pay out all its profits as dividends? Doesn't it need money for renovations, maintenance and expansion?

Seem to be taken care of...

Quote:
In 2015, the Company completed the roll out of a new instance of SAP, our Entreprise Resource Planning platform. This is in line with our strategy to simplify business structures and further integrate processes. Anticipated benefits include enhancing business information for decision making and providing opportunities for further cost savings.


@aguytrying.....Even me I don't understand. The purpose of a company is to make profits so if you dish out everything you make what's your purpose??
moneydust
#10 Posted : Friday, February 26, 2016 5:12:28 PM
Rank: Member

Joined: 1/31/2007
Posts: 304
mulla wrote:
Pesa Nane wrote:
Aguytrying wrote:
Someone explain to me like a 2 year old. Why does this company pay out all its profits as dividends? Doesn't it need money for renovations, maintenance and expansion?

Seem to be taken care of...

Quote:
In 2015, the Company completed the roll out of a new instance of SAP, our Entreprise Resource Planning platform. This is in line with our strategy to simplify business structures and further integrate processes. Anticipated benefits include enhancing business information for decision making and providing opportunities for further cost savings.


@aguytrying.....Even me I don't understand. The purpose of a company is to make profits so if you dish out everything you make what's your purpose??


They have already achieved their purpose by making the huge profits..dishing out all the profits in dividends just means they dont need the money.It is also a sign of how confident they are of their business ie They will always make money to pay a dividend
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