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Kenya Re HY2017
Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Share price is at negative YTD compared to what it opened the year at. January 2 it opened the year at 22.5. Current price is 20. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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Ericsson wrote:Share price is at negative YTD compared to what it opened the year at.
January 2 it opened the year at 22.5.
Current price is 20.
@vvs loves such
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ericsson wrote:Share price is at negative YTD compared to what it opened the year at.
January 2 it opened the year at 22.5.
Current price is 20.
You tell half the story bro. The full story is that Ken-re has grown shareholder value, issued dividends consistently in the last 4 years and hasn't suffered capital losses. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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sparkly wrote:Ericsson wrote:Share price is at negative YTD compared to what it opened the year at.
January 2 it opened the year at 22.5.
Current price is 20.
You tell half the story bro. The full story is that Ken-re has grown shareholder value, issued dividends consistently in the last 4 years and hasn't suffered capital losses. A company supported by mandatory concessions, with no real known strategy. Its OK
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:sparkly wrote:Ericsson wrote:Share price is at negative YTD compared to what it opened the year at.
January 2 it opened the year at 22.5.
Current price is 20.
You tell half the story bro. The full story is that Ken-re has grown shareholder value, issued dividends consistently in the last 4 years and hasn't suffered capital losses. A company supported by mandatory concessions, with no real known strategy. Its OK Yeah, local monopoly that works. Guess which company has monopoly by virtue of Bilateral Aviation Agreements but cant make a cent ? Life is short. Live passionately.
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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sparkly wrote:Ericsson wrote:Share price is at negative YTD compared to what it opened the year at.
January 2 it opened the year at 22.5.
Current price is 20.
You tell half the story bro. The full story is that Ken-re has grown shareholder value, issued dividends consistently in the last 4 years and hasn't suffered capital losses. Those who aim for quick capital gains do not appreciate the stability of consistent dividends. A frugal person with a good working personal budget will enjoy dividends from his portfolio in a monthly basis. If you get dividends totalling kshs 600,000 annually from ten different companies,you can divide the amount into 12 months average of kshs 50,000.You then withdraw once a month from your account into your budget exlenditure and savings. Towards the goal of financial freedom
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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sparkly wrote:obiero wrote:sparkly wrote:Ericsson wrote:Share price is at negative YTD compared to what it opened the year at.
January 2 it opened the year at 22.5.
Current price is 20.
You tell half the story bro. The full story is that Ken-re has grown shareholder value, issued dividends consistently in the last 4 years and hasn't suffered capital losses. A company supported by mandatory concessions, with no real known strategy. Its OK Yeah, local monopoly that works. Guess which company has monopoly by virtue of Bilateral Aviation Agreements but cant make a cent ? It appears that you have never lost money to crooks and I wish you never do
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Ebenyo wrote:sparkly wrote:Ericsson wrote:Share price is at negative YTD compared to what it opened the year at.
January 2 it opened the year at 22.5.
Current price is 20.
You tell half the story bro. The full story is that Ken-re has grown shareholder value, issued dividends consistently in the last 4 years and hasn't suffered capital losses. Those who aim for quick capital gains do not appreciate the stability of consistent dividends. A frugal person with a good working personal budget will enjoy dividends from his portfolio in a monthly basis. If you get dividends totalling kshs 600,000 annually from ten different companies,you can divide the amount into 12 months average of kshs 50,000.You then withdraw once a month from your account into your budget exlenditure and savings. Safaricom has also been giving consistent dividends. Look at it's current share price. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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Ebenyo wrote:sparkly wrote:Ericsson wrote:Share price is at negative YTD compared to what it opened the year at.
January 2 it opened the year at 22.5.
Current price is 20.
You tell half the story bro. The full story is that Ken-re has grown shareholder value, issued dividends consistently in the last 4 years and hasn't suffered capital losses. Those who aim for quick capital gains do not appreciate the stability of consistent dividends. A frugal person with a good working personal budget will enjoy dividends from his portfolio in a monthly basis. If you get dividends totalling kshs 600,000 annually from ten different companies,you can divide the amount into 12 months average of kshs 50,000.You then withdraw once a month from your account into your budget exlenditure and savings. Dividends totalling KES 600,000 annually requires a multi million portfolio
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Ebenyo wrote:sparkly wrote:Ericsson wrote:Share price is at negative YTD compared to what it opened the year at.
January 2 it opened the year at 22.5.
Current price is 20.
You tell half the story bro. The full story is that Ken-re has grown shareholder value, issued dividends consistently in the last 4 years and hasn't suffered capital losses. Those who aim for quick capital gains do not appreciate the stability of consistent dividends. A frugal person with a good working personal budget will enjoy dividends from his portfolio in a monthly basis. If you get dividends totalling kshs 600,000 annually from ten different companies,you can divide the amount into 12 months average of kshs 50,000.You then withdraw once a month from your account into your budget exlenditure and savings. Dividends totalling KES 600,000 annually requires a multi million portfolio Yes! Atleast kes 10million portifolio can earn you kes 600k. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Spikes wrote:obiero wrote:Ebenyo wrote:sparkly wrote:Ericsson wrote:Share price is at negative YTD compared to what it opened the year at.
January 2 it opened the year at 22.5.
Current price is 20.
You tell half the story bro. The full story is that Ken-re has grown shareholder value, issued dividends consistently in the last 4 years and hasn't suffered capital losses. Those who aim for quick capital gains do not appreciate the stability of consistent dividends. A frugal person with a good working personal budget will enjoy dividends from his portfolio in a monthly basis. If you get dividends totalling kshs 600,000 annually from ten different companies,you can divide the amount into 12 months average of kshs 50,000.You then withdraw once a month from your account into your budget exlenditure and savings. Dividends totalling KES 600,000 annually requires a multi million portfolio Yes! Atleast kes 10million portifolio can earn you kes 600k. I was giving an example on how dividends can provide a steady monthly income stream with good self discipline.A journey of a thousand miles begin with a single step.I like dividends because they grow year on year.You can grow from small to big amounts.Every great story has a small beggining. Towards the goal of financial freedom
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Rank: Member Joined: 10/6/2015 Posts: 249 Location: Nairobi
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Ebenyo wrote:Spikes wrote:obiero wrote:Ebenyo wrote:sparkly wrote:Ericsson wrote:Share price is at negative YTD compared to what it opened the year at.
January 2 it opened the year at 22.5.
Current price is 20.
You tell half the story bro. The full story is that Ken-re has grown shareholder value, issued dividends consistently in the last 4 years and hasn't suffered capital losses. Those who aim for quick capital gains do not appreciate the stability of consistent dividends. A frugal person with a good working personal budget will enjoy dividends from his portfolio in a monthly basis. If you get dividends totalling kshs 600,000 annually from ten different companies,you can divide the amount into 12 months average of kshs 50,000.You then withdraw once a month from your account into your budget exlenditure and savings. Dividends totalling KES 600,000 annually requires a multi million portfolio Yes! Atleast kes 10million portifolio can earn you kes 600k. I was giving an example on how dividends can provide a steady monthly income stream with good self discipline.A journey of a thousand miles begin with a single step.I like dividends because they grow year on year.You can grow from small to big amounts.Every great story has a small beggining. Save for the probability of capital gains,dividend yield from very few counters will beat or match yields of Tbills or bonds Never lose your position in a bull market,BTFD.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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mamilli wrote:Ebenyo wrote:Spikes wrote:obiero wrote:Ebenyo wrote:sparkly wrote:Ericsson wrote:Share price is at negative YTD compared to what it opened the year at.
January 2 it opened the year at 22.5.
Current price is 20.
You tell half the story bro. The full story is that Ken-re has grown shareholder value, issued dividends consistently in the last 4 years and hasn't suffered capital losses. Those who aim for quick capital gains do not appreciate the stability of consistent dividends. A frugal person with a good working personal budget will enjoy dividends from his portfolio in a monthly basis. If you get dividends totalling kshs 600,000 annually from ten different companies,you can divide the amount into 12 months average of kshs 50,000.You then withdraw once a month from your account into your budget exlenditure and savings. Dividends totalling KES 600,000 annually requires a multi million portfolio Yes! Atleast kes 10million portifolio can earn you kes 600k. I was giving an example on how dividends can provide a steady monthly income stream with good self discipline.A journey of a thousand miles begin with a single step.I like dividends because they grow year on year.You can grow from small to big amounts.Every great story has a small beggining. Save for the probability of capital gains,dividend yield from very few counters will beat or match yields of Tbills or bonds I agree and disagree with your statement. I agree that for Kenya the average market dividend yield (DY) ranges 3-5% while the the T bill rate averages 10%. On face value, the average T bill rate is higher than the average DY. The DY stays below the T bill rate because high yielding individual stocks tend to revert to the mean DY. In other words if a company increases the dividend payment, the price will rise leading to a lower DY. A good exemple is BAT: 2017 price ~800, DPS 42.50, DY ~5%. In 2011 the same share traded at ~275, DPS 17.5, DY ~6%. As you can see, BAT has more than doubled the dividend payment yet the yield is lower than in 2011! I disagree with you because as you can see in the example above, a person who bought BAT at 275 is infact enjoying a DY of 15% which is above the T bill rate. In conclusion whereas the DY remains below the T bill rate, a stock holder can realize a high DY by buying stocks that have a higher than mean DY and a history of increasing dividends. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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sparkly wrote:mamilli wrote:Ebenyo wrote:Spikes wrote:obiero wrote:Ebenyo wrote:sparkly wrote:Ericsson wrote:Share price is at negative YTD compared to what it opened the year at.
January 2 it opened the year at 22.5.
Current price is 20.
You tell half the story bro. The full story is that Ken-re has grown shareholder value, issued dividends consistently in the last 4 years and hasn't suffered capital losses. Those who aim for quick capital gains do not appreciate the stability of consistent dividends. A frugal person with a good working personal budget will enjoy dividends from his portfolio in a monthly basis. If you get dividends totalling kshs 600,000 annually from ten different companies,you can divide the amount into 12 months average of kshs 50,000.You then withdraw once a month from your account into your budget exlenditure and savings. Dividends totalling KES 600,000 annually requires a multi million portfolio Yes! Atleast kes 10million portifolio can earn you kes 600k. Tumbili analysis technique in full action.. Why not use KENRE for the same analysis ov I was giving an example on how dividends can provide a steady monthly income stream with good self discipline.A journey of a thousand miles begin with a single step.I like dividends because they grow year on year.You can grow from small to big amounts.Every great story has a small beggining. Save for the probability of capital gains,dividend yield from very few counters will beat or match yields of Tbills or bonds I agree and disagree with your statement. I agree that for Kenya the average market dividend yield (DY) ranges 3-5% while the the T bill rate averages 10%. On face value, the average T bill rate is higher than the average DY. The DY stays below the T bill rate because high yielding individual stocks tend to revert to the mean DY. In other words if a company increases the dividend payment, the price will rise leading to a lower DY. A good exemple is BAT: 2017 price ~800, DPS 42.50, DY ~5%. In 2011 the same share traded at ~275, DPS 17.5, DY ~6%. As you can see, BAT has more than doubled the dividend payment yet the yield is lower than in 2011! I disagree with you because as you can see in the example above, a person who bought BAT at 275 is infact enjoying a DY of 15% which is above the T bill rate. In conclusion whereas the DY remains below the T bill rate, a stock holder can realize a high DY by buying stocks that have a higher than mean DY and a history of increasing dividends. You both have some points. If we apply KENRE for your example against TBILLS, the picture changes. It's all about risk appetite for the concerned investor. Capital gains on select securities carry the day.. For example EQTY, COOP, KCB, JUB, DTB, SCOM over 5 years have returned over 100% in some cases, implying over 20% per annum, plus avg 5% on DY.. 25%!!!
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:sparkly wrote:mamilli wrote:Ebenyo wrote:Spikes wrote:obiero wrote:Ebenyo wrote:sparkly wrote:Ericsson wrote:Share price is at negative YTD compared to what it opened the year at.
January 2 it opened the year at 22.5.
Current price is 20.
You tell half the story bro. The full story is that Ken-re has grown shareholder value, issued dividends consistently in the last 4 years and hasn't suffered capital losses. Those who aim for quick capital gains do not appreciate the stability of consistent dividends. A frugal person with a good working personal budget will enjoy dividends from his portfolio in a monthly basis. If you get dividends totalling kshs 600,000 annually from ten different companies,you can divide the amount into 12 months average of kshs 50,000.You then withdraw once a month from your account into your budget exlenditure and savings. Dividends totalling KES 600,000 annually requires a multi million portfolio Yes! Atleast kes 10million portifolio can earn you kes 600k. Tumbili analysis technique in full action.. Why not use KENRE for the same analysis ov I was giving an example on how dividends can provide a steady monthly income stream with good self discipline.A journey of a thousand miles begin with a single step.I like dividends because they grow year on year.You can grow from small to big amounts.Every great story has a small beggining. Save for the probability of capital gains,dividend yield from very few counters will beat or match yields of Tbills or bonds I agree and disagree with your statement. I agree that for Kenya the average market dividend yield (DY) ranges 3-5% while the the T bill rate averages 10%. On face value, the average T bill rate is higher than the average DY. The DY stays below the T bill rate because high yielding individual stocks tend to revert to the mean DY. In other words if a company increases the dividend payment, the price will rise leading to a lower DY. A good exemple is BAT: 2017 price ~800, DPS 42.50, DY ~5%. In 2011 the same share traded at ~275, DPS 17.5, DY ~6%. As you can see, BAT has more than doubled the dividend payment yet the yield is lower than in 2011! I disagree with you because as you can see in the example above, a person who bought BAT at 275 is infact enjoying a DY of 15% which is above the T bill rate. In conclusion whereas the DY remains below the T bill rate, a stock holder can realize a high DY by buying stocks that have a higher than mean DY and a history of increasing dividends. You both have some points. If we apply KENRE for your example against TBILLS, the picture changes. It's all about risk appetite for the concerned investor. Capital gains on select securities carry the day.. For example EQTY, COOP, KCB, JUB, DTB, SCOM over 5 years have returned over 100% in some cases, implying over 20% per annum, plus avg 5% on DY.. 25%!!! Those are good performers. Capital gains follow good performance Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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sparkly wrote:obiero wrote:sparkly wrote:mamilli wrote:Ebenyo wrote:Spikes wrote:obiero wrote:Ebenyo wrote:sparkly wrote:Ericsson wrote:Share price is at negative YTD compared to what it opened the year at.
January 2 it opened the year at 22.5.
Current price is 20.
You tell half the story bro. The full story is that Ken-re has grown shareholder value, issued dividends consistently in the last 4 years and hasn't suffered capital losses. Those who aim for quick capital gains do not appreciate the stability of consistent dividends. A frugal person with a good working personal budget will enjoy dividends from his portfolio in a monthly basis. If you get dividends totalling kshs 600,000 annually from ten different companies,you can divide the amount into 12 months average of kshs 50,000.You then withdraw once a month from your account into your budget exlenditure and savings. Dividends totalling KES 600,000 annually requires a multi million portfolio Yes! Atleast kes 10million portifolio can earn you kes 600k. Tumbili analysis technique in full action.. Why not use KENRE for the same analysis ov I was giving an example on how dividends can provide a steady monthly income stream with good self discipline.A journey of a thousand miles begin with a single step.I like dividends because they grow year on year.You can grow from small to big amounts.Every great story has a small beggining. Save for the probability of capital gains,dividend yield from very few counters will beat or match yields of Tbills or bonds I agree and disagree with your statement. I agree that for Kenya the average market dividend yield (DY) ranges 3-5% while the the T bill rate averages 10%. On face value, the average T bill rate is higher than the average DY. The DY stays below the T bill rate because high yielding individual stocks tend to revert to the mean DY. In other words if a company increases the dividend payment, the price will rise leading to a lower DY. A good exemple is BAT: 2017 price ~800, DPS 42.50, DY ~5%. In 2011 the same share traded at ~275, DPS 17.5, DY ~6%. As you can see, BAT has more than doubled the dividend payment yet the yield is lower than in 2011! I disagree with you because as you can see in the example above, a person who bought BAT at 275 is infact enjoying a DY of 15% which is above the T bill rate. In conclusion whereas the DY remains below the T bill rate, a stock holder can realize a high DY by buying stocks that have a higher than mean DY and a history of increasing dividends. You both have some points. If we apply KENRE for your example against TBILLS, the picture changes. It's all about risk appetite for the concerned investor. Capital gains on select securities carry the day.. For example EQTY, COOP, KCB, JUB, DTB, SCOM over 5 years have returned over 100% in some cases, implying over 20% per annum, plus avg 5% on DY.. 25%!!! Those are good performers. Capital gains follow good performance Goes without saying
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 5/18/2008 Posts: 796
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obiero wrote:Ebenyo wrote:sparkly wrote:Ericsson wrote:Share price is at negative YTD compared to what it opened the year at.
January 2 it opened the year at 22.5.
Current price is 20.
You tell half the story bro. The full story is that Ken-re has grown shareholder value, issued dividends consistently in the last 4 years and hasn't suffered capital losses. Those who aim for quick capital gains do not appreciate the stability of consistent dividends. A frugal person with a good working personal budget will enjoy dividends from his portfolio in a monthly basis. If you get dividends totalling kshs 600,000 annually from ten different companies,you can divide the amount into 12 months average of kshs 50,000.You then withdraw once a month from your account into your budget exlenditure and savings. Dividends totalling KES 600,000 annually requires a multi million portfolio For those who bought Safaricom when it had fallen to 3 bob, it only cost them 2m then to make div of 600k annually today.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:mamilli wrote:Ebenyo wrote:Spikes wrote:obiero wrote:Ebenyo wrote:sparkly wrote:Ericsson wrote:Share price is at negative YTD compared to what it opened the year at.
January 2 it opened the year at 22.5.
Current price is 20.
You tell half the story bro. The full story is that Ken-re has grown shareholder value, issued dividends consistently in the last 4 years and hasn't suffered capital losses. Those who aim for quick capital gains do not appreciate the stability of consistent dividends. A frugal person with a good working personal budget will enjoy dividends from his portfolio in a monthly basis. If you get dividends totalling kshs 600,000 annually from ten different companies,you can divide the amount into 12 months average of kshs 50,000.You then withdraw once a month from your account into your budget exlenditure and savings. Dividends totalling KES 600,000 annually requires a multi million portfolio Yes! Atleast kes 10million portifolio can earn you kes 600k. Tumbili analysis technique in full action.. Why not use KENRE for the same analysis ov I was giving an example on how dividends can provide a steady monthly income stream with good self discipline.A journey of a thousand miles begin with a single step.I like dividends because they grow year on year.You can grow from small to big amounts.Every great story has a small beggining. Save for the probability of capital gains,dividend yield from very few counters will beat or match yields of Tbills or bonds I agree and disagree with your statement. I agree that for Kenya the average market dividend yield (DY) ranges 3-5% while the the T bill rate averages 10%. On face value, the average T bill rate is higher than the average DY. The DY stays below the T bill rate because high yielding individual stocks tend to revert to the mean DY. In other words if a company increases the dividend payment, the price will rise leading to a lower DY. A good exemple is BAT: 2017 price ~800, DPS 42.50, DY ~5%. In 2011 the same share traded at ~275, DPS 17.5, DY ~6%. As you can see, BAT has more than doubled the dividend payment yet the yield is lower than in 2011! I disagree with you because as you can see in the example above, a person who bought BAT at 275 is infact enjoying a DY of 15% which is above the T bill rate. In conclusion whereas the DY remains below the T bill rate, a stock holder can realize a high DY by buying stocks that have a higher than mean DY and a history of increasing dividends. You both have some points. If we apply KENRE for your example against TBILLS, the picture changes. It's all about risk appetite for the concerned investor. Capital gains on select securities carry the day.. For example EQTY, COOP, KCB, JUB, DTB, SCOM over 5 years have returned over 100% in some cases, implying over 20% per annum, plus avg 5% on DY.. 25%!!! Those are good performers. Capital gains follow good performance Goes without saying We are in agreement. Life is short. Live passionately.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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If all factors were good/okay Kenya re should be trading at about 40 at par with its peers in terms of investment ratios such as PE Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ericsson wrote:If all factors were good/okay Kenya re should be trading at about 40 at par with its peers in terms of investment ratios such as PE It's only a matter of time. Life is short. Live passionately.
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