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Safaricom 2019/2020
Ebenyo
#31 Posted : Monday, August 19, 2019 7:43:30 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,021
Location: Kitale
xtina wrote:
Safcom at 29.5, what am I missing?





Book closure is approaching.So guys wants to book dividends.Afterwards the price will come down.
This will be the year 2019 high.On 4th January 2019 it touched a low of 21.30.
That's 38% capital gains.
Towards the goal of financial freedom
Viviva
#32 Posted : Tuesday, August 20, 2019 10:54:23 AM
Rank: New-farer

Joined: 5/3/2019
Posts: 18
Location: Uk
Book closure date itself is 2nd sept..so What is the first date to be able to sell shares and still book dividends?
Ericsson
#33 Posted : Tuesday, August 20, 2019 11:12:51 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
Viviva wrote:
Book closure date itself is 2nd sept..so What is the first date to be able to sell shares and still book dividends?

2nd September
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Angelica _ann
#34 Posted : Tuesday, August 20, 2019 11:37:37 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,937
Ericsson wrote:
Viviva wrote:
Book closure date itself is 2nd sept..so What is the first date to be able to sell shares and still book dividends?

2nd September


Shame on you Shame on you Shame on you
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Ericsson
#35 Posted : Tuesday, August 20, 2019 12:28:59 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
Angelica _ann wrote:
Ericsson wrote:
Viviva wrote:
Book closure date itself is 2nd sept..so What is the first date to be able to sell shares and still book dividends?

2nd September


Shame on you Shame on you Shame on you

3rd September
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Viviva
#36 Posted : Tuesday, August 20, 2019 3:07:34 PM
Rank: New-farer

Joined: 5/3/2019
Posts: 18
Location: Uk
Lots of confusion? I believe it is also 2nd sept? Or is the ex dividend date 30th aug?Correct me if im wrong how can it be 3rd sept?
Ericsson
#37 Posted : Tuesday, August 20, 2019 3:08:39 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
Viviva wrote:
Lots of confusion? I believe it is also 2nd sept? Or is the ex dividend date 30th aug?Correct me if im wrong how can it be 3rd sept?

On 3 September safaricom will be trading ex-dividend.
On 2 September it will be cum dividend.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#38 Posted : Saturday, August 24, 2019 8:19:16 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
https://www.capitalfm.co...-in-6-months-on-fuliza/

Safaricom disbursed an estimated Sh81 billion in digital loans on its M-Pesa’s overdraft facility Fuliza in the six months to June 2019, to demonstrate the skyrocketing appetite for instant micro-loans in Kenya.

According to Standard Investment bank (SIB), Commercial Bank of Africa (CBA) extended at least Sh54 billion of the amount while Kenya Commercial Bank (KCB) contributed Sh27 billion to the facility.

CBA and KCB are the underwriters of the facility, with amounts disbursed by each pegged on the market share of their respective digital loans offering Mshwari and KCB-Mpesa.

KCB earned Sh484 million in the first half of 2019 in revenue from Fuliza, thus totalling Sh2.4 billion for the entire product as at end of June 2019.

SIB estimates that Safaricom more than doubled the revenue, earning at least Sh968 million in the six months to June 2019.

“Based on the current run rate and our estimates on costs and forward guidance provided by Safaricom’s management for Financial Year 2020, we expect Fuliza to account for at least 25 percent of Earnings Before Interest and Taxes growth,” SIB says.

Fuliza is owned by the three entities, with Safaricom and CBA tying at 40 percent shareholding each, while KCB owns 20 percent.

The service was launched in January 2019 to provide M-Pesa users with top-up loans whenever they need to make a transaction, but find they lack enough money in their mobile cash wallets.

Customers are charged an access fee of 1 percent and a maintenance fee of between Sh2 and Sh30 per each day that the wallet remains overdrawn.

Whenever customers receive an inflow into their M-PESA wallet, the overdrawn position is deducted
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Viviva
#39 Posted : Monday, August 26, 2019 11:34:41 AM
Rank: New-farer

Joined: 5/3/2019
Posts: 18
Location: Uk
Share price on sharp decline despite prospective dividend and book closure? Why a lack of interest despite handsome dividend?
Ericsson
#40 Posted : Monday, August 26, 2019 12:02:08 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
Viviva wrote:
Share price on sharp decline despite prospective dividend and book closure? Why a lack of interest despite handsome dividend?


People are waiting for it at the bottom.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
75 Pages«<23456>»
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