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Pesa Nane
#1 Posted : Wednesday, April 18, 2018 9:27:51 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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Pesa Nane
#2 Posted : Wednesday, April 18, 2018 9:33:27 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Final Div. Kshs. 3.00

Payable 18 July 2018
Closure 18 May 2018
Pesa Nane plans to be shilingi when he grows up.
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Angelica _ann
#3 Posted : Wednesday, April 18, 2018 11:39:40 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
Company is struggling!!!
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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murchr
#4 Posted : Thursday, April 19, 2018 5:32:23 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,979
Angelica _ann wrote:
Company is struggling!!!


Totally
"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
#5 Posted : Thursday, April 19, 2018 4:12:47 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,175
Location: nairobi
Paying more dividend than eps
"Don't let the fear of losing be greater than the excitement of winning."
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Ericsson
#6 Posted : Thursday, April 19, 2018 5:09:54 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
mlennyma wrote:
Paying more dividend than eps


To prop up the share price
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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obiero
#7 Posted : Thursday, April 19, 2018 5:15:56 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,472
Location: nairobi
Ericsson wrote:
mlennyma wrote:
Paying more dividend than eps


To prop up the share price

A company cannot or rather should not maintain the same dividend against a drastically reduced performance..

HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Ebenyo
#8 Posted : Thursday, April 19, 2018 6:11:05 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
Location: Kitale
obiero wrote:
Ericsson wrote:
mlennyma wrote:
Paying more dividend than eps


To prop up the share price

A company cannot or rather should not maintain the same dividend against a drastically reduced performance..


Our economy and other factors are to blame.Mature companies are finding it rough in the business.NMG,Bamburi,BAT,EABL,Carbacid and BOC are reporting declining revenues YOY.
Towards the goal of financial freedom
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VituVingiSana
#9 Posted : Friday, April 20, 2018 12:30:30 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,050
Location: Nairobi
obiero wrote:
Ericsson wrote:
mlennyma wrote:
Paying more dividend than eps


To prop up the share price

A company cannot or rather should not maintain the same dividend against a drastically reduced performance..

Dividends are paid from retained earnings.
I do understand your dilemma since loss-making firms like KQ cannot pay a dividend at all.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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xxxxx
#10 Posted : Friday, April 20, 2018 7:51:12 AM
Rank: Member


Joined: 3/20/2008
Posts: 503
obiero wrote:
Ericsson wrote:
mlennyma wrote:
Paying more dividend than eps


To prop up the share price

A company cannot or rather should not maintain the same dividend against a drastically reduced performance..


I believe that once management and the board concludes that the business environment/economics are such that they can not reinvest the company's funds to generate decent returns for shareholders, its actually prudent and beneficial to return these funds to shareholders. Whether it props up share price or not is a non issue.
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VituVingiSana
#11 Posted : Friday, April 20, 2018 11:47:54 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,050
Location: Nairobi
xxxxx wrote:
obiero wrote:
Ericsson wrote:
mlennyma wrote:
Paying more dividend than eps


To prop up the share price

A company cannot or rather should not maintain the same dividend against a drastically reduced performance..

I believe that once management and the board concludes that the business environment/economics are such that they can not reinvest the company's funds to generate decent returns for shareholders, its actually prudent and beneficial to return these funds to shareholders. Whether it props up share price or not is a non issue.
WB says the same thing and when BH cannot generate what WB feels is a "decent" return then return the "excess" cash to the shareholders.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Superprime1
#12 Posted : Thursday, June 21, 2018 8:50:17 AM
Rank: Member


Joined: 5/2/2018
Posts: 267
BOC Kenya Plc has appointed Marion Gathoga-Mwangi as Managing Director w.e.f July 16, 2018. She joins BOC from the Association of Certified Chartered Accountants (ACCA), which she headed.
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Pesa Nane
#13 Posted : Thursday, June 21, 2018 1:46:48 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Superprime1 wrote:
BOC Kenya Plc has appointed Marion Gathoga-Mwangi as Managing Director w.e.f July 16, 2018. She joins BOC from the Association of Certified Chartered Accountants (ACCA), which she headed.


Pesa Nane plans to be shilingi when he grows up.
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ngapat
#14 Posted : Thursday, June 21, 2018 2:13:04 PM
Rank: Member


Joined: 12/11/2006
Posts: 873
Ebenyo wrote:
obiero wrote:
Ericsson wrote:
mlennyma wrote:
Paying more dividend than eps


To prop up the share price

A company cannot or rather should not maintain the same dividend against a drastically reduced performance..


Our economy and other factors are to blame.Mature companies are finding it rough in the business.NMG,Bamburi,BAT,EABL,Carbacid and BOC are reporting declining revenues YOY.


I concur with that. Performances of many companies in kenya was negatively affected by interest rate caps.
“Invest in yourself. Your career is the engine of your wealth.”
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