mufasa wrote:Good call on Umeme,I thought about it myself. However, I think I will wait for the final Dividend before exit.
Based on the intergrated financial report for year ending 2024, the company plans to enter into a new business development phase upto Dec 2026 using the buyout amount and any funds at its disposal even as it pursues the remaining buy out amount of USD 292M under arbitration in London. I anticipate very limited dividends if any for the next 2 years as the company enters an investment phase. The silver lining remains a positive arbitration outcome as that represents Ksh 23 per share but that's probably around that Dec 2026 horizon.
Happy hunting