Wazua
»
Investor
»
Stocks
»
MTN Uganda IPO..Whats cutting over there??
Rank: Veteran Joined: 6/2/2010 Posts: 1,066
|
obiero wrote:My 2 cents wrote:SCBK and BAT are more like bonds rather than shares. This one made me laugh What I mean is that their income potential is much more assured than their capital growth. Just in case that nuance was lost on you.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,499 Location: nairobi
|
My 2 cents wrote:obiero wrote:My 2 cents wrote:SCBK and BAT are more like bonds rather than shares. This one made me laugh What I mean is that their income potential is much more assured than their capital growth. Just in case that nuance was lost on you. 
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
|
VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:Ericsson wrote:https://www.businessdailyafrica.com/bd/corporate/industry/nssf-set-to-earn-sh5-9m-dividend-from-mtn-uganda-3740172
The National Social Security Fund (NSSF) is set to earn a Sh5.9 million dividend from its investment in MTN Uganda after the telco declared a final payout equivalent to Sh0.149 per share.
The State-controlled pension fund acquired 39.18 million shares in the telecommunications firm last year when it went public through an initial public offering (IPO).
NSSF,made the investment through asset manager Sanlam.
6mn is peanuts for NSSF UG but hopefully the dividend is much better for 2022 given the full year of ownership. It's NSSF Kenya Peanuts for NSSF KE too but hopefully the returns in the future increase multifold. Plus the better dividend in 2022 will translate to a better share price.Currently it's trading 10% below it's IPO price. These days there are no guarantees. BAT is struggling to get above 500 with a superb 53.50 DPS. Even SCBK is around 142 with a 19/- DPS. SCBK and BAT have dropped in price more than their Final Dividend Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,499 Location: nairobi
|
VituVingiSana wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:Ericsson wrote:https://www.businessdailyafrica.com/bd/corporate/industry/nssf-set-to-earn-sh5-9m-dividend-from-mtn-uganda-3740172
The National Social Security Fund (NSSF) is set to earn a Sh5.9 million dividend from its investment in MTN Uganda after the telco declared a final payout equivalent to Sh0.149 per share.
The State-controlled pension fund acquired 39.18 million shares in the telecommunications firm last year when it went public through an initial public offering (IPO).
NSSF,made the investment through asset manager Sanlam.
6mn is peanuts for NSSF UG but hopefully the dividend is much better for 2022 given the full year of ownership. It's NSSF Kenya Peanuts for NSSF KE too but hopefully the returns in the future increase multifold. Plus the better dividend in 2022 will translate to a better share price.Currently it's trading 10% below it's IPO price. These days there are no guarantees. BAT is struggling to get above 500 with a superb 53.50 DPS. Even SCBK is around 142 with a 19/- DPS. SCBK and BAT have dropped in price more than their Final Dividend True
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Veteran Joined: 6/2/2010 Posts: 1,066
|
obiero wrote:VituVingiSana wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:Ericsson wrote:https://www.businessdailyafrica.com/bd/corporate/industry/nssf-set-to-earn-sh5-9m-dividend-from-mtn-uganda-3740172
The National Social Security Fund (NSSF) is set to earn a Sh5.9 million dividend from its investment in MTN Uganda after the telco declared a final payout equivalent to Sh0.149 per share.
The State-controlled pension fund acquired 39.18 million shares in the telecommunications firm last year when it went public through an initial public offering (IPO).
NSSF,made the investment through asset manager Sanlam.
6mn is peanuts for NSSF UG but hopefully the dividend is much better for 2022 given the full year of ownership. It's NSSF Kenya Peanuts for NSSF KE too but hopefully the returns in the future increase multifold. Plus the better dividend in 2022 will translate to a better share price.Currently it's trading 10% below it's IPO price. These days there are no guarantees. BAT is struggling to get above 500 with a superb 53.50 DPS. Even SCBK is around 142 with a 19/- DPS. SCBK and BAT have dropped in price more than their Final Dividend True I bought SCBK on the last day they were cum div (11th March) at 130.75 per share. Final div was 14 bob. So until they go below 116.75, I am still the better for buying them cum div rather than ex div
|
|
|
Rank: Member Joined: 11/21/2018 Posts: 564 Location: Britain
|
My 2 cents wrote:obiero wrote:VituVingiSana wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:Ericsson wrote:https://www.businessdailyafrica.com/bd/corporate/industry/nssf-set-to-earn-sh5-9m-dividend-from-mtn-uganda-3740172
The National Social Security Fund (NSSF) is set to earn a Sh5.9 million dividend from its investment in MTN Uganda after the telco declared a final payout equivalent to Sh0.149 per share.
The State-controlled pension fund acquired 39.18 million shares in the telecommunications firm last year when it went public through an initial public offering (IPO).
NSSF,made the investment through asset manager Sanlam.
6mn is peanuts for NSSF UG but hopefully the dividend is much better for 2022 given the full year of ownership. It's NSSF Kenya Peanuts for NSSF KE too but hopefully the returns in the future increase multifold. Plus the better dividend in 2022 will translate to a better share price.Currently it's trading 10% below it's IPO price. These days there are no guarantees. BAT is struggling to get above 500 with a superb 53.50 DPS. Even SCBK is around 142 with a 19/- DPS. SCBK and BAT have dropped in price more than their Final Dividend True I bought SCBK on the last day they were cum div (11th March) at 130.75 per share. Final div was 14 bob. So until they go below 116.75, I am still the better for buying them cum div rather than ex div Am struggling to understand this post. I suspect you meant pre-dividend since the last day it traded cum-dividend was in April @144/= per share.
|
|
|
Rank: Veteran Joined: 6/2/2010 Posts: 1,066
|
Queen wrote:My 2 cents wrote:obiero wrote:VituVingiSana wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:Ericsson wrote:https://www.businessdailyafrica.com/bd/corporate/industry/nssf-set-to-earn-sh5-9m-dividend-from-mtn-uganda-3740172
The National Social Security Fund (NSSF) is set to earn a Sh5.9 million dividend from its investment in MTN Uganda after the telco declared a final payout equivalent to Sh0.149 per share.
The State-controlled pension fund acquired 39.18 million shares in the telecommunications firm last year when it went public through an initial public offering (IPO).
NSSF,made the investment through asset manager Sanlam.
6mn is peanuts for NSSF UG but hopefully the dividend is much better for 2022 given the full year of ownership. It's NSSF Kenya Peanuts for NSSF KE too but hopefully the returns in the future increase multifold. Plus the better dividend in 2022 will translate to a better share price.Currently it's trading 10% below it's IPO price. These days there are no guarantees. BAT is struggling to get above 500 with a superb 53.50 DPS. Even SCBK is around 142 with a 19/- DPS. SCBK and BAT have dropped in price more than their Final Dividend True I bought SCBK on the last day they were cum div (11th March) at 130.75 per share. Final div was 14 bob. So until they go below 116.75, I am still the better for buying them cum div rather than ex div Am struggling to understand this post. I suspect you meant pre-dividend since the last day it traded cum-dividend was in April @144/= per share. You are right. I bought on the last Friday before results were announced (the following Tue, 14th March) knowing full well prices would jump to incorporate the dividend. Most of Q1 2022, SCBK traded in the 130s range. But after results were announced, jumped to 140s.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,499 Location: nairobi
|
Dividend awaited by next week
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
|
obiero wrote:Dividend awaited by next week Enjoy while the ride is there. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,499 Location: nairobi
|
Ericsson wrote:obiero wrote:Dividend awaited by next week Enjoy while the ride is there. I will MTN Uganda Limited has declared a dividend. The following are the details related to the dividend: Declaration date 07/03/2022 Ex-Dividend date 26/05/2022 Record date 01/06/2022 Payment date 24/06/2022 Dividend amount per share 4.706 UGX
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
|
Sylvia Mulinge becomes the new MTN Uganda CEO effective 1 September 2022. She is leaving Safaricom due to differences with the current CEO,whom they couldn't get along. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Hello Joined: 11/5/2019 Posts: 6
|
Ericsson wrote:Sylvia Mulinge becomes the new MTN Uganda CEO effective 1 September 2022.
She is leaving Safaricom due to differences with the current CEO,whom they couldn't get along. But she is going as CEO
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,499 Location: nairobi
|
longtrader wrote:Ericsson wrote:Sylvia Mulinge becomes the new MTN Uganda CEO effective 1 September 2022.
She is leaving Safaricom due to differences with the current CEO,whom they couldn't get along. But she is going as CEO Kwagara nyo. Bulunji nyo nyabo!
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Member Joined: 3/16/2019 Posts: 313
|
obiero wrote:longtrader wrote:Ericsson wrote:Sylvia Mulinge becomes the new MTN Uganda CEO effective 1 September 2022.
She is leaving Safaricom due to differences with the current CEO,whom they couldn't get along. But she is going as CEO Kwagara nyo. Bulunji nyo nyabo! In 2019 the UG govt deported four expatriate executives and banned indefinitely from stepping back foot in UG. They included the CEO (Belgian), GM Mobile Finance Services (Italian), GM Sales and Distribution (Rwandese) & CMO (French). After intervention from MTN Group, M7 pardoned the CEO and he was allowed to return.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
|
kmucheke wrote:obiero wrote:longtrader wrote:Ericsson wrote:Sylvia Mulinge becomes the new MTN Uganda CEO effective 1 September 2022.
She is leaving Safaricom due to differences with the current CEO,whom they couldn't get along. But she is going as CEO Kwagara nyo. Bulunji nyo nyabo! In 2019 the UG govt deported four expatriate executives and banned indefinitely from stepping back foot in UG. They included the CEO (Belgian), GM Mobile Finance Services (Italian), GM Sales and Distribution (Rwandese) & CMO (French). After intervention from MTN Group, M7 pardoned the CEO and he was allowed to return. Why did he deport them? Walikataa kulipa kickback? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,499 Location: nairobi
|
Money money money https://www.businessdail...n-interim-payout-3914462
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Member Joined: 3/16/2019 Posts: 313
|
VituVingiSana wrote:kmucheke wrote:obiero wrote:longtrader wrote:Ericsson wrote:Sylvia Mulinge becomes the new MTN Uganda CEO effective 1 September 2022.
She is leaving Safaricom due to differences with the current CEO,whom they couldn't get along. But she is going as CEO Kwagara nyo. Bulunji nyo nyabo! In 2019 the UG govt deported four expatriate executives and banned indefinitely from stepping back foot in UG. They included the CEO (Belgian), GM Mobile Finance Services (Italian), GM Sales and Distribution (Rwandese) & CMO (French). After intervention from MTN Group, M7 pardoned the CEO and he was allowed to return. Why did he deport them? Walikataa kulipa kickback? It was the time when Kagame and M7 were at loggerheads. The Rwandese and French executives were accused of spying on behalf of a foreign country by intercepting communication between UG govt officials. The Italian was accused of funding youths allied to Bobi Wine to forment regime change. The trio were swiftly and effectively deported by intelligence operatives. Later it was alleged that the CEO flew out of the country and had a meeting with the deported executives. This led to him being also deported despite being married to a Ugandan. Only the CEO was pardoned after the MTN Group CEO intervened.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,499 Location: nairobi
|
Hi guys. This money that they've credited again today, what does it relate to?
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: New-farer Joined: 9/24/2012 Posts: 20 Location: Tatu city
|
obiero wrote:Hi guys. This money that they've credited again today, what does it relate to? Interim dividend The smart man learns the truth and screams it at others to try to change their mind to his own lifestyle’s detriment. The wise man learns the truth and applies it to his life. Others learn the truth from watching him.
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
|
Safaricom should venture into Uganda once done with Ethiopia to give MTN a run Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Wazua
»
Investor
»
Stocks
»
MTN Uganda IPO..Whats cutting over there??
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.
|