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My Picks for 2019
Rank: Elder Joined: 6/20/2007 Posts: 2,074 Location: Lagos, Nigeria
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Ericsson wrote:young wrote:I am talking about KCB dividend reinvestment @Ericsson not the holding so you enjoy interim dividend on both the previous holding and additional units bought from FY dividend.
I meant if you buy the share in June/July and hold till around October you will enjoy the interim dividend
Safaricom HY results influences the price post HY but FY results does not affect upwards movement of price on the short term.
Do your research and thank me later (Re OBIORO my friend)
In January this year Safaricom hit a low of 21.30.That price you won't see while it's trading cum dividend.
Investors typical response to performance
and the general market pulse is more important than timing the counter.
That is my point. Different thoughts , different approaches no need for me old papa to overflog this minor issue . Cheers The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Member Joined: 3/26/2012 Posts: 830
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Ericsson wrote:S.Mutaga III wrote:Second Pick: Kenya Commercial BankFY PBT 2016 = Ksh 29 Billion + 9.6% FY PBT 2017 = Ksh 29.11 Billion + 0.079% (Rate Cap) FY PBT 2018 = Ksh 33.85 Billion + 16.297% PE after merger with NBK = 5.69 Current Price = Ksh 41.4 Dividend yield = 8.45% Amount allocated to KCB: Ksh 421,866 Number of Shares = 10,000 41.4*10,000 = Ksh 414,000 0.019*414,000 = Ksh 7,866 414,000 + 7,866 = Ksh 421,866 Cash in Bank: Ksh 199,066 Commentary:I am not an accountant, so you can correct me whenever necessary. I did some math and according to my calculations, KCB's acquisition of NBK will only result in a less than 5% dilution, assuming that NBK's profits are negligible. Using KCB's earnings for the last financial year, the new EPS would be 7.28 down from 7.83 due to the additional shares. KCB is expanding internationally, and so far so good. I decided to buy in because I believe that the price is a huge bargain for a less than 5% dilution. I have been waiting patiently for the price to pull back and I finally got the chance. That 8.45% dividend yield is also too juicy to pass and Oigara announced that the lender would continue distributing 50% of earnings as dividends. Blue chip company, bargain price, solid growth locally and internationally. My only worry is that KCB is acquiring local lenders instead of banks in foreign countries. Meanwhile, I will study the market and wait for new opportunities. #The Only Easy Day Was Yesterday  I will wiat for it to go below 40 during the low season of the NSE which usually starts from June when most companies will be paying out their dividends or from October when those that declare interim dividends will be paying out. Target dividend yield is 9%+ The local lenders KCB is acquiring are at cheap prices. In that case I will just average down. There is no guarantee it will go below 40, so I would rather average down if it does, than stay without a position. I wouldn't be surprised if it rallied back to 45ish by end-month. For me it is a win-win situation. If it nosedives to Ksh 36 and the fundamentals remain intact, I will get the chance to buy more and lower my average buying price. If it rallies from here, I retain my current holding at and profit. If it doesn't go sub-40, you will be left without any investment trying to catch that bottom. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Member Joined: 3/26/2012 Posts: 830
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Ericsson wrote:young wrote:@Ericson Wrote:-
I will wait for it to go below 40 during the low season of the NSE which usually starts from June when most companies will be paying out their dividends or from October when those that declare interim dividends will be paying out.
Target dividend yield is 9%+
The local lenders KCB is acquiring are at cheap prices
END
On point @Ericsson
For long termers you can equally get the KCB dividend and re-invest at sub 40 .
Fund Managers when injecting additional funds do invest in the stated period as it is cheaper than cum dividend .
Ask Cytonn & co......
Get to enjoy the interim dividend for this year and the full year
Safaricom is an exception this year because of extra dividend. It will be a good opportunity to get it at sub 27 in discourse at cum dividend plus special dividend as register closes Aug 30.
Her half year is early Nov, it is from then depending on the result it will gradually move north wards up until FY results in May 2020 before losing steam as it is now. Safaricom loses steam between November and March.That is the best time to acquire.  The best time to buy a stock is when it is selling at a discount - not on any specific month, year or holiday. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Member Joined: 3/26/2012 Posts: 830
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MugundaMan wrote:S.Mutaga III wrote:MugundaMan wrote: Keep hope alive. I will get back into the casino when Safcom hits 10 Bob and ICDC hits 5 Bob. Hizo zingine ni nyani bin nyanis. You must be new here. Anyway, all the best trying to catch that bottom :) You ain't seen nuffin yet . Longhorn will be trading at 30 cents by Dec 2019. Ask those hopeless hope filled hopers who clung on to turbo nyani HAFR hoping upon hope it would zoom "soon" . I told them to run from that thing but they did not listen, now they are eating crow! My fren, SELL this thing or regret bitterly when dec 2019 arrives! The NSE bear run has not even started proper yet! We are 40+% up and still grinding. We may reach Ksh 8 by the end of the year depending on the results. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Member Joined: 6/26/2008 Posts: 399
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young wrote:@Ericson Wrote:-
I will wait for it to go below 40 during the low season of the NSE which usually starts from June when most companies will be paying out their dividends or from October when those that declare interim dividends will be paying out.
Target dividend yield is 9%+
The local lenders KCB is acquiring are at cheap prices
END
On point @Ericsson
For long termers you can equally get the KCB dividend and re-invest at sub 40 .
Fund Managers when injecting additional funds do invest in the stated period as it is cheaper than cum dividend .
Ask Cytonn & co......
Safaricom is an exception this year because of special dividend. It will be a good opportunity to get it at sub 27 in DUE course at cum dividend plus special dividend as register closes Aug 30.
Her half year is early Nov, it is from then depending on the result it will gradually move north wards up until FY results in May 2020 before losing steam as it is now. Might happen sooner than I thought, Safcom's downward trend continues unabated. Will also add more.
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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S.Mutaga III wrote:Ericsson wrote:S.Mutaga III wrote:Second Pick: Kenya Commercial BankFY PBT 2016 = Ksh 29 Billion + 9.6% FY PBT 2017 = Ksh 29.11 Billion + 0.079% (Rate Cap) FY PBT 2018 = Ksh 33.85 Billion + 16.297% PE after merger with NBK = 5.69 Current Price = Ksh 41.4 Dividend yield = 8.45% Amount allocated to KCB: Ksh 421,866 Number of Shares = 10,000 41.4*10,000 = Ksh 414,000 0.019*414,000 = Ksh 7,866 414,000 + 7,866 = Ksh 421,866 Cash in Bank: Ksh 199,066 Commentary:I am not an accountant, so you can correct me whenever necessary. I did some math and according to my calculations, KCB's acquisition of NBK will only result in a less than 5% dilution, assuming that NBK's profits are negligible. Using KCB's earnings for the last financial year, the new EPS would be 7.28 down from 7.83 due to the additional shares. KCB is expanding internationally, and so far so good. I decided to buy in because I believe that the price is a huge bargain for a less than 5% dilution. I have been waiting patiently for the price to pull back and I finally got the chance. That 8.45% dividend yield is also too juicy to pass and Oigara announced that the lender would continue distributing 50% of earnings as dividends. Blue chip company, bargain price, solid growth locally and internationally. My only worry is that KCB is acquiring local lenders instead of banks in foreign countries. Meanwhile, I will study the market and wait for new opportunities. #The Only Easy Day Was Yesterday I will wiat for it to go below 40 during the low season of the NSE which usually starts from June when most companies will be paying out their dividends or from October when those that declare interim dividends will be paying out. Target dividend yield is 9%+ The local lenders KCB is acquiring are at cheap prices. In that case I will just average down. There is no guarantee it will go below 40, so I would rather average down if it does, than stay without a position. I wouldn't be surprised if it rallied back to 45ish by end-month. For me it is a win-win situation. If it nosedives to Ksh 36 and the fundamentals remain intact, I will get the chance to buy more and lower my average buying price. If it rallies from here, I retain my current holding at and profit. If it doesn't go sub-40, you will be left without any investment trying to catch that bottom. Kcb touched a low of ksh.40 today trading session Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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Ericsson wrote:S.Mutaga III wrote:Ericsson wrote:S.Mutaga III wrote:Second Pick: Kenya Commercial BankFY PBT 2016 = Ksh 29 Billion + 9.6% FY PBT 2017 = Ksh 29.11 Billion + 0.079% (Rate Cap) FY PBT 2018 = Ksh 33.85 Billion + 16.297% PE after merger with NBK = 5.69 Current Price = Ksh 41.4 Dividend yield = 8.45% Amount allocated to KCB: Ksh 421,866 Number of Shares = 10,000 41.4*10,000 = Ksh 414,000 0.019*414,000 = Ksh 7,866 414,000 + 7,866 = Ksh 421,866 Cash in Bank: Ksh 199,066 Commentary:I am not an accountant, so you can correct me whenever necessary. I did some math and according to my calculations, KCB's acquisition of NBK will only result in a less than 5% dilution, assuming that NBK's profits are negligible. Using KCB's earnings for the last financial year, the new EPS would be 7.28 down from 7.83 due to the additional shares. KCB is expanding internationally, and so far so good. I decided to buy in because I believe that the price is a huge bargain for a less than 5% dilution. I have been waiting patiently for the price to pull back and I finally got the chance. That 8.45% dividend yield is also too juicy to pass and Oigara announced that the lender would continue distributing 50% of earnings as dividends. Blue chip company, bargain price, solid growth locally and internationally. My only worry is that KCB is acquiring local lenders instead of banks in foreign countries. Meanwhile, I will study the market and wait for new opportunities. #The Only Easy Day Was Yesterday I will wiat for it to go below 40 during the low season of the NSE which usually starts from June when most companies will be paying out their dividends or from October when those that declare interim dividends will be paying out. Target dividend yield is 9%+ The local lenders KCB is acquiring are at cheap prices. In that case I will just average down. There is no guarantee it will go below 40, so I would rather average down if it does, than stay without a position. I wouldn't be surprised if it rallied back to 45ish by end-month. For me it is a win-win situation. If it nosedives to Ksh 36 and the fundamentals remain intact, I will get the chance to buy more and lower my average buying price. If it rallies from here, I retain my current holding at and profit. If it doesn't go sub-40, you will be left without any investment trying to catch that bottom. Kcb touched a low of ksh.40 today trading session monday-41.30 @1,285,000 Tue-41.35 @ 2,186,600 Wed-41.40 @479,500. Between Monday and yesterday,it's been on upward trend.But today it dropped with a volume of 607,600. This suggests some speculators were taking profit or they were expecting quarter 1 results today but failed.Lets see tomorrow how the trading will be,then we can be able to tell whether the price is looking up or down. Towards the goal of financial freedom
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Safaricom at ksh.27.50 per share KCB at ksh.40.60 Bear run continuing Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Ericsson wrote:Safaricom at ksh.27.50 per share
KCB at ksh.40.60
Bear run continuing I just bought a few EQTY at 39/-
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Rank: Member Joined: 3/20/2008 Posts: 503
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Horton wrote:Ericsson wrote:Safaricom at ksh.27.50 per share
KCB at ksh.40.60
Bear run continuing I just bought a few EQTY at 39/- Guess its time to update your signature to include ekweti 
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