Spikes wrote:Angelica _ann wrote:sparkly wrote:Ericsson wrote:obiero wrote:the deal wrote:the deal wrote:Ericsson wrote:VituVingiSana wrote:Kenya Re 2006 15/-
Kenya Re 2018 18.70/- (1:6 Bonus in 2012)
Annual Dividends (2012-2018 = 3.60)
KQ 2006 120/- (Pre-consolidation)
KQ 2018 1.75 (Not a typo; pre-consolidation)
Dividends ZERO (2012-2018)
The "expected FY 2018" dividend from Kenya Re is KES 0.85 which is 50% of what pre-consolidation KQ trades at!
85 cents was also paid out in FY2017 results.
2018 they may hike it to 90 cents or ksh.1
Expect no dividend hike here instead FY2018 will be a disaster!
Hmmmm profit warning is in....
And the share keeps rising in a sham rally.. God help us
hayo yalipita ganga yajaayo,the rally is about promising future
It will fizzle out at c. 15.
People who bought at c. 11 will make a tidy profit.
If they sell ....
The rest kaput!
The market is in bear. The bonus issue news will excite the share up to the 15 bob resistance but bearish sentiments will ultimately win.
When the bulls return, we will make our money. In the meanwhile, we chew dividends and the bonus as we await payday.
My Average Buying price including commissions is 18.80 but I am not worried.
Life is short. Live passionately.