wazua Mon, Mar 23, 2026
Welcome Guest Search | Active Topics | Log In

3 Pages123>
Time to buy Total?
Options
Previous Topic · Next Topic
the deal
#1 Posted : Wednesday, June 23, 2010 10:34:46 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Total currently trades at a PBV of 0.6,PSR of 0.3,some people on wazua are using Total's recent first Quater results as a benchmark as to how Kenol will perform in 2010...on top of that Total is the number 1 oil company in Kenya and doesnt have legal issues like Kenol...their balance sheet look fat...one red flag it looks as if their paying a loan??? Will 2010 be the year for Total? Will they return to their 2.50 dividend?
Back to top
  | | Edit by user: Wednesday, June 23, 2010 10:37 PM | Reason: Not specified
slykat
#2 Posted : Thursday, June 24, 2010 1:31:44 AM
Rank: Member

Joined: 2/20/2007
Posts: 359
Yeah; stable range 28-33 plus healthy div. But there is always that little matter of price transfer with Total, Isn't there?

Do they usually pay interim divs?
Back to top
  | | Edit by user: Thursday, June 24, 2010 2:41 AM | Reason: Not specified
gladiator
#3 Posted : Thursday, June 24, 2010 5:52:58 AM
Rank: Member

Joined: 8/25/2006
Posts: 101
no interim dividend and the best time to buy Total is the 4th quarter and offload in the 1st quarter either after gaining about 15% in capital gains or when it goes ex-dividend.
Back to top
  |
VituVingiSana
#4 Posted : Thursday, June 24, 2010 9:55:20 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
For growth I prefer KK over Total but I expect the 2.50 dividend from Total to start with FY 2010 (payable in 2011)... And that is a great return vis-avis T-bills...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  | | Edit by user: Thursday, June 24, 2010 7:16 PM | Reason: Not specified
the deal
#5 Posted : Thursday, June 24, 2010 2:00:41 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
VituVingiSana wrote:
For growth I prefer KK over Total but I expect the 2.50 dividend to start with FY 2010 (payable in 2011)

ja for future growth KK is the way...but that dividend at the current prices is awesome...
Back to top
  |
akowally
#6 Posted : Thursday, June 24, 2010 3:05:37 PM
Rank: Veteran

Joined: 5/20/2008
Posts: 1,126
Location: Nairobi
Buy it tomorrow...Very stable share over the years, wasn't even affected by post election, world economic depression e.t.c, good dividend yield too...Great for long term though since price doesn't shift as much so won't give you the over 50% returns in the short term.
JOIN MY FREE MINI-COURSE FOR WRITERS. CLICK HERE
Back to top
BLOG
  |
Wondergirl
#7 Posted : Thursday, June 24, 2010 3:24:43 PM
Rank: Member

Joined: 9/12/2009
Posts: 312
akowally wrote:
Buy it tomorrow...Very stable share over the years, wasn't even affected by post election, world economic depression e.t.c, good dividend yield too...Great for long term though since price doesn't shift as much so won't give you the over 50% returns in the short term.

Are your good sentiments for Total or for KK?
Back to top
  |
reithi
#8 Posted : Thursday, June 24, 2010 4:35:05 PM
Rank: Member

Joined: 1/12/2007
Posts: 75
...and here comes the price controls Sad
Back to top
  |
VituVingiSana
#9 Posted : Thursday, June 24, 2010 7:17:51 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Price Controls have always failed... Show me a country where they have been successful...???

It is easy to introduce Price Controls coz POPULIST but it is inefficient... Encourages smuggling, deters investment thus loss of suppliers means either lower quality or shortages...

Maize, wheat, sugar & food oils are all GLOBAL commodities... Kenya imports all of the 4 above...

If you sell at 'below' cost then it will be smuggled from Kenya into Tanzania, Uganda, Sudan!!!

Dont forget fuel... Kenya imports 100% of its crude oil & petrol/diesel requirements... It's the high taxes (40% of petrol prices are direct taxes)...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  | | Edit by user: Thursday, June 24, 2010 7:24 PM | Reason: Not specified
the deal
#10 Posted : Friday, June 25, 2010 12:01:21 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@ VVS and Mukiha...GoK Should regulate the pump price according to the price of oil/barrel on international markets...they should set up a comitte which meets every month to determine wheather theres over recovery and under recovery in the market and adjust the pump price accordingly...
Back to top
  |
3 Pages123>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.