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MaichBlack
#731 Posted : Friday, October 21, 2016 1:19:00 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,836
obiero wrote:
MaichBlack wrote:
obiero wrote:
KES 14.35 PBT, dividend KES 0.75

Worst "insider" information ever.

Listening to Wazuans might at times make you lose the shirt on your back!!!

LOL. I sold out pre-rights.. Sue me

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

I know you and your legendary KQ insider information where you were urging people to buy all the way from Kshs. 60/= to Kshs. 3.xy or thereabouts.

So let's just say I totally ignored this "insider information"!!!
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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obiero
#732 Posted : Friday, October 21, 2016 1:21:44 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
Spikes wrote:
VituVingiSana wrote:
Avoid GoK owned/controlled firms.
*I hold KenRe as my sole significant GoK-owned holding BUT I will bail out if need be if I think the management/board is actng shady!*



@vvs you have been warning us. Kwanza mimi ndio mshindani but I have learnt through the hard way! Baptism by both water and fire.

Safaricom??

KQ ABP 4.26
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Fyatu
#733 Posted : Friday, October 21, 2016 1:21:50 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
watesh wrote:
wukan wrote:
Ericsson wrote:
This is a crime against shareholders.
That CEO should be fired.The reason given is not substantial/tangible.
We already have excess power so what's the hurry to bring in all that capacity.


Told you back in May you are better off as debt holder than equity holder. Wait for Kenya power results and see the disaster of central planning instead of market driven planning

Am waiting to see if we get our usual 0.50 dividend from Kenya Power or if pia that has been diverted to fund campaigns


Any news/info/rumours when they might be announcing the results? Ama bado ziko mbali kuiva?
Dumb money becomes dumb only when it listens to smart money
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obiero
#734 Posted : Friday, October 21, 2016 1:23:36 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
MaichBlack wrote:
obiero wrote:
MaichBlack wrote:
obiero wrote:
KES 14.35 PBT, dividend KES 0.75

Worst "insider" information ever.

Listening to Wazuans might at times make you lose the shirt on your back!!!

LOL. I sold out pre-rights.. Sue me

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

I know you and your legendary KQ insider information where you were urging people to buy all the way from Kshs. 60/= to Kshs. 3.xy or thereabouts.

So let's just say I totally ignored this "insider information"!!!

Hahaha.. You are funniest. But in all fairness I revised the PBT and dividend forecast to KES 13.45 & KES 0.35 respectively

KQ ABP 4.26
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  | | Edit by user: Friday, October 21, 2016 1:26 PM | Reason: Not specified
watesh
#735 Posted : Friday, October 21, 2016 2:18:38 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
Fyatu wrote:
watesh wrote:
wukan wrote:
Ericsson wrote:
This is a crime against shareholders.
That CEO should be fired.The reason given is not substantial/tangible.
We already have excess power so what's the hurry to bring in all that capacity.


Told you back in May you are better off as debt holder than equity holder. Wait for Kenya power results and see the disaster of central planning instead of market driven planning

Am waiting to see if we get our usual 0.50 dividend from Kenya Power or if pia that has been diverted to fund campaigns


Any news/info/rumours when they might be announcing the results? Ama bado ziko mbali kuiva?

Last year they were released end of October so I guess ziko karibu kuiva
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obiero
#736 Posted : Friday, October 21, 2016 6:15:48 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
enyands wrote:
obiero wrote:
guru267 wrote:
sparkly wrote:
kawi254 wrote:
Blonde question:

Kengen's market capitalization as of close of trading 5/25/2016 is 14.29 B. After rights issue is complete new capital of 28.8 B will have been added so capitalization should be 14.29 + 28.8 = 42.09 B.

However, If hypothetically after rights start trading and price is at KES 2/= then capitalization will be ~6.6 B shares * 2 = 13.2 B. My question is where does the around ~30 B cash vanish to? Nobody has made this money so no wealth was transferred. Isn't that like money vanishing into a black hole?

ignore that Govts 20 B is debt convertion.


Can't add capitalisation to Shareholders funds.

current amount of shareholders is quite high, I think 60B or so.

At the end of the rights 28.8B will be added to shareholders funds.


Shareholder funds will be about KES 180 Bn after the rights issue

This is a tragedy. Based on analysis I will wait out the storm and buy postissuance



I second you in this man obi

Post #348 May 26th

KQ ABP 4.26
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VituVingiSana
#737 Posted : Friday, October 21, 2016 6:33:50 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
obiero wrote:
Spikes wrote:
VituVingiSana wrote:
Avoid GoK owned/controlled firms.
*I hold KenRe as my sole significant GoK-owned holding BUT I will bail out if need be if I think the management/board is actng shady!*



@vvs you have been warning us. Kwanza mimi ndio mshindani but I have learnt through the hard way! Baptism by both water and fire.

Safaricom??

Vodafone owns 40% & can (thankfully) out-vote GoK.
Controlled by Vodafone. MJ was a Vodafone employee. BC was/is a Vodafone employee. The CFO is seconded by Vodafone.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mkate_nusu
#738 Posted : Friday, October 21, 2016 11:10:47 PM
Rank: Member

Joined: 5/30/2016
Posts: 332
Location: Kayole
In the words of a famous wazuan:

Please do your research, homework, term papers, thesis then decide whether that stock is good for you...

Beware of the slaughter house...where buyers are shown fresh succulent slices of meat...they are attracted to them and then when you take them home to cook, they will turn out to be old bones in red paint...

The juicy EPS last year was the butcher's call
KEGN, KPLC, KQ, SCOM
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sparkly
#739 Posted : Saturday, October 22, 2016 8:15:03 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
mkate_nusu wrote:
In the words of a famous wazuan:

Please do your research, homework, term papers, thesis then decide whether that stock is good for you...

Beware of the slaughter house...where buyers are shown fresh succulent slices of meat...they are attracted to them and then when you take them home to cook, they will turn out to be old bones in red paint...

The juicy EPS last year was the butcher's call


We have really been played. Even a 5 cent Dividend...
Life is short. Live passionately.
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Angelica _ann
#740 Posted : Saturday, October 22, 2016 11:39:55 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
sparkly wrote:
mkate_nusu wrote:
In the words of a famous wazuan:

Please do your research, homework, term papers, thesis then decide whether that stock is good for you...

Beware of the slaughter house...where buyers are shown fresh succulent slices of meat...they are attracted to them and then when you take them home to cook, they will turn out to be old bones in red paint...

The juicy EPS last year was the butcher's call


We have really been played. Even a 5 cent Dividend...

Laughing out loudly Laughing out loudly Laughing out loudly
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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