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Safaricom 1H16 Results net profit up 23%
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Ericsson
#181 Posted : Monday, April 18, 2016 12:29:30 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
Ksh.55bn profits before tax
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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mlennyma
#182 Posted : Monday, April 18, 2016 12:46:18 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Ericsson wrote:
Ksh.55bn profits before tax

see your doctor
"Don't let the fear of losing be greater than the excitement of winning."
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Ericsson
#183 Posted : Monday, April 18, 2016 1:33:01 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
@mlennyama
That is for the full year 2015/2016 results to be announced in two weeks time
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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cyruskulei
#184 Posted : Monday, April 18, 2016 2:44:51 PM
Rank: Member

Joined: 3/9/2010
Posts: 320
Location: kenya
Laughing out loudly Don't laugh at my beloved Kenya Gazette- it is the official voice of government and more digital than all those analogue papers you've mentioned.

Hapana tumia sauti ya serikali kufunga nyama!

Available for free here[/quote]

Thanks for this link. Be blessed.
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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MaichBlack
#185 Posted : Monday, April 18, 2016 5:51:26 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,845
Dividend - 90 cents.

Anzeni kufanya hesabu!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Ericsson
#186 Posted : Monday, April 18, 2016 6:20:35 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
Kwani they will issue all the after tax profits as dividends.
I project 70 cents per share as dividend which comes to ksh.28bn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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MaichBlack
#187 Posted : Monday, April 18, 2016 6:28:39 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,845
Ericsson wrote:
Kwani they will issue all the after tax profits as dividends.
I project 70 cents per share as dividend which comes to ksh.28bn

Sawa bro. We wait and see. Siku kadhaa tu.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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mlennyma
#188 Posted : Monday, April 18, 2016 6:41:27 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
MaichBlack wrote:
Dividend - 90 cents.

Anzeni kufanya hesabu!!!

safcom has 40billion shares,it needs to make 40billion profit after tax to have 1bob earnings per share,of this 1bob you want to say it will part with 90cts,.....this is a dream
"Don't let the fear of losing be greater than the excitement of winning."
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murchr
#189 Posted : Monday, April 18, 2016 6:52:25 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
mlennyma wrote:
MaichBlack wrote:
Dividend - 90 cents.

Anzeni kufanya hesabu!!!

safcom has 40billion shares,it needs to make 40billion profit after tax to have 1bob earnings per share,of this 1bob you want to say it will part with 90cts,.....this is a dream


Remember they did Sh31.9 billion PAT in 2014/15
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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mlennyma
#190 Posted : Monday, April 18, 2016 6:57:06 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
murchr wrote:
mlennyma wrote:
MaichBlack wrote:
Dividend - 90 cents.

Anzeni kufanya hesabu!!!

safcom has 40billion shares,it needs to make 40billion profit after tax to have 1bob earnings per share,of this 1bob you want to say it will part with 90cts,.....this is a dream


Remember they did Sh31.9 billion PAT in 2014/15

so you suggest they have added 8.1 billion more and are willing to pay 90% as dividend?
"Don't let the fear of losing be greater than the excitement of winning."
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