Wazua
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Is the NSE Dead??
Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
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Ericsson wrote:sparkly wrote:VituVingiSana wrote:xtina wrote:sparkly wrote:In this market, we just collect dividends and chill out.
Thankfully, BAT, I&M, Centum, Kenya Re, Kengen and NCBA have come through with dividends since Covid started.
Stanchart and Stanbic too, plus dividends from my sacco. Didn't NCBA stiff us in 2020? Announced then cancelled? I&M (respect) came though in 2020 and 2021. Kenya Re in 2020 was very low but better than zero. They can do better with all the cash it has. BAT is awesome. Also Jubilee. Stanchart reduced it but better than cancelling it like Equity (2 years with zero dividends). NCBA paid 2020 dividends 2 weeks ago. He meant for the FY2019 dividends whose payment date was in 2020. Kabisa! BTW, WTK and KTC announced 10/- dividend each!!!  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 7/1/2019 Posts: 119
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Hustler says...mambo ya NSE sio priority.Wazua middleclass/investors complaining on twitter about Grade 1(fees and stationary) will have to wait for hustlers to eat to their satisfaction first...
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Rank: Elder Joined: 6/23/2009 Posts: 13,499 Location: nairobi
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Itβs time to buy, selectively
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: 6/2/2010 Posts: 1,066
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Died dodo in 2015 and shows little sign of coming back to life. A mixture of several factors. The talks in 2015 about introducing capital gains, the poor economy, the interest caps 2016 to 2020 that reduced monetary liquidity and biggest factor of all is the very poor corporate governance in Kenya. Most companies are governened by vultures - for the interests of management and well connected suppliers. Shareholder interests are NOT a priority in most companies.
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Rank: Elder Joined: 6/23/2009 Posts: 13,499 Location: nairobi
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Receptor wrote:Hustler says...mambo ya NSE sio priority.Wazua middleclass/investors complaining on twitter about Grade 1(fees and stationary) will have to wait for hustlers to eat to their satisfaction first...
The guy has already done the damage. PIIP failed on his commands
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: 6/23/2009 Posts: 13,499 Location: nairobi
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My 2 cents wrote:Died dodo in 2015 and shows little sign of coming back to life. A mixture of several factors. The talks in 2015 about introducing capital gains, the poor economy, the interest caps 2016 to 2020 that reduced monetary liquidity and biggest factor of all is the very poor corporate governance in Kenya. Most companies are governened by vultures - for the interests of management and well connected suppliers. Shareholder interests are NOT a priority in most companies. Do not despair. Buy selectively
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: 6/2/2010 Posts: 1,066
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Only thing that has made sense buying in NSE is Safaricom. Full stop.
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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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NSE is dead.
Safcom is approaching pandemic lows and will drag the market with it.
NSE is for income investing. Forget about capital appreciation.
Wazua goes days without a post. We are in deep deep bear.
For how long this goes on, only time will tell.
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Rank: Veteran Joined: 8/10/2014 Posts: 968 Location: Kenya
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My 2 cents wrote:NSE is dead.
Safcom is approaching pandemic lows and will drag the market with it.
NSE is for income investing. Forget about capital appreciation.
Wazua goes days without a post. We are in deep deep bear.
For how long this goes on, only time will tell. I hope it stays on for a couple of years. Starting with a dividend yield of 10% on growth companies with a payout ratio of less than 50% is a wet dream come true
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Rank: Member Joined: 1/13/2014 Posts: 386 Location: Denmark
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watesh wrote:My 2 cents wrote:NSE is dead.
Safcom is approaching pandemic lows and will drag the market with it.
NSE is for income investing. Forget about capital appreciation.
Wazua goes days without a post. We are in deep deep bear.
For how long this goes on, only time will tell. I hope it stays on for a couple of years. Starting with a dividend yield of 10% on growth companies with a payout ratio of less than 50% is a wet dream come true Agreed!!  Seeing is believing
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Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
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watesh wrote:My 2 cents wrote:NSE is dead.
Safcom is approaching pandemic lows and will drag the market with it.
NSE is for income investing. Forget about capital appreciation.
Wazua goes days without a post. We are in deep deep bear.
For how long this goes on, only time will tell. I hope it stays on for a couple of years. Starting with a dividend yield of 10% on growth companies with a payout ratio of less than 50% is a wet dream come true Bring on those Dividend Yields! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: New-farer Joined: 3/9/2019 Posts: 16 Location: Nakuru
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VituVingiSana wrote:watesh wrote:[quote=My 2 cents]NSE is dead.
Safcom is approaching pandemic lows and will drag the market with it.
NSE is for income investing. Forget about capital appreciation.
Wazua goes days without a post. We are in deep deep bear.
For how long this goes on, only time will tell. I hope it stays on for a couple of years. Starting with a dividend yield of 10% on growth companies with a payout ratio of less than 50% is a wet dream come true Bring on those Dividend Yields![we are deaded. Kifo kapsaaaa,lots of stocks depreciation]
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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You will find us on the 411 ON DIVIDENDS AND AGM thread where we are giving relevant updates because February - June is dividends season aka kaching ching time. I have no complaints with my portfolio. The nature of stock markets is that prices will go up and down, oscillating around the real value of the securities (reverting to the mean). At times the market is too bullish and prices unreasonably high. Other times the market is too melancholic and prices unreasonably low. The rational/ unemotional investor buys when prices are low and sells when prices are high. The emotional investor does the converse, celebrating high prices and getting depressed with low prices. My advise is that you don't too emotional on investment matters. Emotions interfere with your ability to make rational decisions and make money. Life is short. Live passionately.
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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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sparkly wrote:You will find us on the 411 ON DIVIDENDS AND AGM thread where we are giving relevant updates because February - June is dividends season aka kaching ching time. I have no complaints with my portfolio. The nature of stock markets is that prices will go up and down, oscillating around the real value of the securities (reverting to the mean). At times the market is too bullish and prices unreasonably high. Other times the market is too melancholic and prices unreasonably low. The rational/ unemotional investor buys when prices are low and sells when prices are high. The emotional investor does the converse, celebrating high prices and getting depressed with low prices. My advise is that you don't too emotional on investment matters. Emotions interfere with your ability to make rational decisions and make money. True. Sold a flat bought shares instead. The dividends are 2.5 times the rental I was getting with absolutely no tenant headache. So even though the share prices are down, the dividends are 'keeping us warm'.
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
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100% Within the past 2 weeks I got: BAT SCBK ABSA I&M Stanbic June DTB July/August KenyaRe August/Sep Centum Dec (Not announced but I expect something) The 1H22 interims from BAT and SCBK are expected from Aug onwards. C&G Dec22-Feb23 There are others too but I don't have time to list them! Waiting to hear from Williamson and Kapchorua. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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VituVingiSana wrote: 100% Within the past 2 weeks I got: BAT SCBK ABSA I&M Stanbic June DTB July/August KenyaRe August/Sep Centum Dec (Not announced but I expect something) The 1H22 interims from BAT and SCBK are expected from Aug onwards. C&G Dec22-Feb23 There are others too but I don't have time to list them! Waiting to hear from Williamson and Kapchorua. Great! The dividend non-believers make it easier for us 'dividend-believers' to accumulate on the cheap.
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Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
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My 2 cents wrote:VituVingiSana wrote: 100% Within the past 2 weeks I got: BAT SCBK ABSA I&M Stanbic June DTB July/August KenyaRe August/Sep Centum Dec (Not announced but I expect something) The 1H22 interims from BAT and SCBK are expected from Aug onwards. C&G Dec22-Feb23 There are others too but I don't have time to list them! Waiting to hear from Williamson and Kapchorua. Great! The dividend non-believers make it easier for us 'dividend-believers' to accumulate on the cheap. Stanbic NDANI on 3rd Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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