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KENGEN 2021-2025
Ericsson
#141 Posted : Wednesday, November 15, 2023 2:55:17 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,617
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
VituVingiSana wrote:
stocksmaster wrote:
VituVingiSana wrote:
stocksmaster wrote:
HaMaina wrote:
obiero wrote:
Ericsson wrote:
[quote=kawi254]Will full year results be out by 31st October 2023?

last few years excuses for delays been lack of Auditor General, hitches ..lack of CEO


This time they have no excuse.
They don't need to wait till last minute, results should be out by now.
Though nothing good expected with the depressed hydrology.

Reasonable results


KenGen Dividends @ Ksh 0.30, which is more than 10% of the current price. This I think is not a bad buy.


Only reasonable 'buy' now is any stock that has a dividend yield that equals the 6.5 years IFB (at around 16%).....and remember that entire dividend yield will be factored in the current price such that as the stock goes ex-dividend with books closure, the price retracts at least with the equivalence of the dividend (e.g once Kengen closes books, you can be assured the price will drop by at least Ksh 0.3 and may not recover until next dividend announcement which maybe lower with the current economic environment).

Happy Hunting
Any stocks that meet this DY?



Agriculturals (except those in Macadamia business).....they will rake in crazy returns based on the favorable rains and huge depreciation of the Ksh.


Let's start with 18% for the IFB!

WTK paid 30 and the current price is 200 so it is in the ballpark.
KTC paid 20 and the current price is 220 which is 9% [1/2 of the IFB]

Do note that tea prices are -25% YOY as lots of rain has increased production AND some of our buyers are broke. Egypt has no $ and asked to barter for tea. Pakistan has had financial drama for a while.

https://english.ahram.or...-tea-supplies-amid.aspx[/quote]

We should look for china to buy our tea.
We need to add value for what the world wants. I think firms like WTK are responsive to what their customers need or want.

I do not know if China imports tea but it would be great to break into that market.


they do import tea.

https://www.the-star.co....e-market-for-kenyan-tea/
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
stocksmaster
#142 Posted : Monday, November 20, 2023 4:54:33 PM
Rank: Member


Joined: 9/26/2006
Posts: 383
Location: CENTRAL PROVINCE
Ericsson wrote:
VituVingiSana wrote:
stocksmaster wrote:
VituVingiSana wrote:
stocksmaster wrote:
HaMaina wrote:
obiero wrote:
Ericsson wrote:
[quote=kawi254]Will full year results be out by 31st October 2023?

last few years excuses for delays been lack of Auditor General, hitches ..lack of CEO


This time they have no excuse.
They don't need to wait till last minute, results should be out by now.
Though nothing good expected with the depressed hydrology.

Reasonable results


KenGen Dividends @ Ksh 0.30, which is more than 10% of the current price. This I think is not a bad buy.


Only reasonable 'buy' now is any stock that has a dividend yield that equals the 6.5 years IFB (at around 16%).....and remember that entire dividend yield will be factored in the current price such that as the stock goes ex-dividend with books closure, the price retracts at least with the equivalence of the dividend (e.g once Kengen closes books, you can be assured the price will drop by at least Ksh 0.3 and may not recover until next dividend announcement which maybe lower with the current economic environment).

Happy Hunting
Any stocks that meet this DY?



Agriculturals (except those in Macadamia business).....they will rake in crazy returns based on the favorable rains and huge depreciation of the Ksh.


Let's start with 18% for the IFB!

WTK paid 30 and the current price is 200 so it is in the ballpark.
KTC paid 20 and the current price is 220 which is 9% [1/2 of the IFB]

Do note that tea prices are -25% YOY as lots of rain has increased production AND some of our buyers are broke. Egypt has no $ and asked to barter for tea. Pakistan has had financial drama for a while.

https://english.ahram.or...-tea-supplies-amid.aspx[/quote]

We should look for china to buy our tea.


WTK and Kapchorua Half Year Results registered almost a doubling of PAT.....This was sweetened by an interim dividend of Ksh 10.

Happy Hunting
VituVingiSana
#143 Posted : Tuesday, November 21, 2023 10:09:44 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,009
Location: Nairobi
stocksmaster wrote:
Ericsson wrote:
VituVingiSana wrote:
stocksmaster wrote:
VituVingiSana wrote:
stocksmaster wrote:
HaMaina wrote:
obiero wrote:
Ericsson wrote:
[quote=kawi254]Will full year results be out by 31st October 2023?

last few years excuses for delays been lack of Auditor General, hitches ..lack of CEO


This time they have no excuse.
They don't need to wait till last minute, results should be out by now.
Though nothing good expected with the depressed hydrology.

Reasonable results


KenGen Dividends @ Ksh 0.30, which is more than 10% of the current price. This I think is not a bad buy.


Only reasonable 'buy' now is any stock that has a dividend yield that equals the 6.5 years IFB (at around 16%).....and remember that entire dividend yield will be factored in the current price such that as the stock goes ex-dividend with books closure, the price retracts at least with the equivalence of the dividend (e.g once Kengen closes books, you can be assured the price will drop by at least Ksh 0.3 and may not recover until next dividend announcement which maybe lower with the current economic environment).

Happy Hunting
Any stocks that meet this DY?



Agriculturals (except those in Macadamia business).....they will rake in crazy returns based on the favorable rains and huge depreciation of the Ksh.


Let's start with 18% for the IFB!

WTK paid 30 and the current price is 200 so it is in the ballpark.
KTC paid 20 and the current price is 220 which is 9% [1/2 of the IFB]

Do note that tea prices are -25% YOY as lots of rain has increased production AND some of our buyers are broke. Egypt has no $ and asked to barter for tea. Pakistan has had financial drama for a while.

https://english.ahram.or...-tea-supplies-amid.aspx[/quote]

We should look for china to buy our tea.


WTK and Kapchorua Half Year Results registered almost a doubling of PAT.....This was sweetened by an interim dividend of Ksh 10.

Happy Hunting
As a long term shareholder I am very happy with the interim DPS and PAT Applause

I have received way more in dividends (over the past 10 years) for these two than I paid for them. smile

I cannot say that for most of the my holdings.

I expect another 20/- as a Final Dividend if the tea prices hold up [but they are down 25% YoY] and KES remains weak.

BUT this is a KenGen thread!

KES/USD will likely hurt KenGen if there are large USD loans out there.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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