wazua Sat, Apr 27, 2024
Welcome Guest Search | Active Topics | Log In | Register

8 Pages«<678
KENGEN 2021-2025
Options
Previous Topic · Next Topic
Ericsson
#141 Posted : Wednesday, November 15, 2023 2:55:17 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
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
Back to top
WWW
 Report Abusive | Report SPAM
stocksmaster
#142 Posted : Monday, November 20, 2023 4:54:33 PM
Rank: Member


Joined: 9/26/2006
Posts: 389
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
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#143 Posted : Tuesday, November 21, 2023 10:09:44 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,055
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
Back to top
 Report Abusive | Report SPAM | Edit by user: Tuesday, November 21, 2023 11:34 AM | Reason: Not specified
HaMaina
#144 Posted : Tuesday, March 26, 2024 11:11:34 AM
Rank: Veteran


Joined: 4/23/2014
Posts: 903
Sad Sad These big buyers always come and mess things up, Why can't they just buy without shaking up everything ?
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
Back to top
 Report Abusive | Report SPAM
wukan
#145 Posted : Tuesday, March 26, 2024 11:19:08 AM
Rank: Veteran


Joined: 11/13/2015
Posts: 1,568
HaMaina wrote:
Sad Sad These big buyers always come and mess things up, Why can't they just buy without shaking up everything ?


This bus has just left the station next stop 6 bob
Back to top
 Report Abusive | Report SPAM
Kusadikika
#146 Posted : Tuesday, March 26, 2024 12:45:00 PM
Rank: Elder


Joined: 7/22/2008
Posts: 2,695
HaMaina wrote:
Sad Sad These big buyers always come and mess things up, Why can't they just buy without shaking up everything ?


It was too cheap to ignore.
P/E - 2.63
Dividend yield 15 percent

An MD who is finally talking business and shareholder return. 45 percent of net profit to be paid as dividends and a target to grow net profit to 10 billion shillings within 2 years. Hata kama ni wewe ungefanya nini when you have 100 million lying around? That 10 percent price jump is nothing.

For those who don't know yet. Right now at 12:56 pm Kengen volume is 48+ million and price has jumped 10 percent to 2.20.
Back to top
 Report Abusive | Report SPAM
Kusadikika
#147 Posted : Tuesday, March 26, 2024 12:53:45 PM
Rank: Elder


Joined: 7/22/2008
Posts: 2,695
Back to top
 Report Abusive | Report SPAM
kawi254
#148 Posted : Tuesday, March 26, 2024 12:59:01 PM
Rank: Member


Joined: 2/20/2015
Posts: 465
Location: Nairobi
Kusadikika wrote:
HaMaina wrote:
Sad Sad These big buyers always come and mess things up, Why can't they just buy without shaking up everything ?


It was too cheap to ignore.
P/E - 2.63
Dividend yield 15 percent

An MD who is finally talking business and shareholder return. 45 percent of net profit to be paid as dividends and a target to grow net profit to 10 billion shillings within 2 years. Hata kama ni wewe ungefanya nini when you have 100 million lying around? That 10 percent price jump is nothing.

For those who don't know yet. Right now at 12:56 pm Kengen volume is 48+ million and price has jumped 10 percent to 2.20.


Now President says companies like Kengen must remit 80% of profits to Goverment - i don't support such statement as it will be end of KenGen but it could mean Kengen shareholders dividend will be x3?.

Not that anything this GoK says is ever done.

https://twitter.com/Oliv...tus/1772538310595916209
Back to top
 Report Abusive | Report SPAM
HaMaina
#149 Posted : Tuesday, March 26, 2024 1:33:52 PM
Rank: Veteran


Joined: 4/23/2014
Posts: 903
Kusadikika wrote:
HaMaina wrote:
Sad Sad These big buyers always come and mess things up, Why can't they just buy without shaking up everything ?


It was too cheap to ignore.
P/E - 2.63
Dividend yield 15 percent

An MD who is finally talking business and shareholder return. 45 percent of net profit to be paid as dividends and a target to grow net profit to 10 billion shillings within 2 years. Hata kama ni wewe ungefanya nini when you have 100 million lying around? That 10 percent price jump is nothing.

For those who don't know yet. Right now at 12:56 pm Kengen volume is 48+ million and price has jumped 10 percent to 2.20.


Its been at 1.97-2.00Ksh since October2023.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
Back to top
 Report Abusive | Report SPAM
Kusadikika
#150 Posted : Thursday, March 28, 2024 1:34:44 PM
Rank: Elder


Joined: 7/22/2008
Posts: 2,695
Up another 10 percent to 2.42. Volume traded at 13:46 hours 29+ million. Someone big wants Kengen.
Back to top
 Report Abusive | Report SPAM
obiero
#151 Posted : Thursday, March 28, 2024 10:49:55 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
Kusadikika wrote:
Up another 10 percent to 2.42. Volume traded at 13:46 hours 29+ million. Someone big wants Kengen.

Shareholders on this stock have seen it all

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
Back to top
WWW
 Report Abusive | Report SPAM
Ericsson
#152 Posted : Friday, March 29, 2024 4:04:36 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
kawi254 wrote:
Kusadikika wrote:
HaMaina wrote:
Sad Sad These big buyers always come and mess things up, Why can't they just buy without shaking up everything ?


It was too cheap to ignore.
P/E - 2.63
Dividend yield 15 percent

An MD who is finally talking business and shareholder return. 45 percent of net profit to be paid as dividends and a target to grow net profit to 10 billion shillings within 2 years. Hata kama ni wewe ungefanya nini when you have 100 million lying around? That 10 percent price jump is nothing.

For those who don't know yet. Right now at 12:56 pm Kengen volume is 48+ million and price has jumped 10 percent to 2.20.


Now President says companies like Kengen must remit 80% of profits to Goverment - i don't support such statement as it will be end of KenGen but it could mean Kengen shareholders dividend will be x3?.

Not that anything this GoK says is ever done.

https://twitter.com/Oliv...tus/1772538310595916209


Kengen has capex projects to undertake and for them 80% profits as dividends not tenable
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
VituVingiSana
#153 Posted : Friday, March 29, 2024 9:16:48 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,055
Location: Nairobi
Ericsson wrote:
kawi254 wrote:
Kusadikika wrote:
HaMaina wrote:
Sad Sad These big buyers always come and mess things up, Why can't they just buy without shaking up everything ?


It was too cheap to ignore.
P/E - 2.63
Dividend yield 15 percent

An MD who is finally talking business and shareholder return. 45 percent of net profit to be paid as dividends and a target to grow net profit to 10 billion shillings within 2 years. Hata kama ni wewe ungefanya nini when you have 100 million lying around? That 10 percent price jump is nothing.

For those who don't know yet. Right now at 12:56 pm Kengen volume is 48+ million and price has jumped 10 percent to 2.20.


Now President says companies like Kengen must remit 80% of profits to Goverment - i don't support such statement as it will be end of KenGen but it could mean Kengen shareholders dividend will be x3?.

Not that anything this GoK says is ever done.

https://twitter.com/Oliv...tus/1772538310595916209


Kengen has capex projects to undertake and for them 80% profits as dividends not tenable
Do politicians (GoK) care?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
Ericsson
#154 Posted : Thursday, April 04, 2024 8:01:27 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
kawi254 wrote:
Kusadikika wrote:
HaMaina wrote:
Sad Sad These big buyers always come and mess things up, Why can't they just buy without shaking up everything ?


It was too cheap to ignore.
P/E - 2.63
Dividend yield 15 percent

An MD who is finally talking business and shareholder return. 45 percent of net profit to be paid as dividends and a target to grow net profit to 10 billion shillings within 2 years. Hata kama ni wewe ungefanya nini when you have 100 million lying around? That 10 percent price jump is nothing.

For those who don't know yet. Right now at 12:56 pm Kengen volume is 48+ million and price has jumped 10 percent to 2.20.


Now President says companies like Kengen must remit 80% of profits to Goverment - i don't support such statement as it will be end of KenGen but it could mean Kengen shareholders dividend will be x3?.

Not that anything this GoK says is ever done.

https://twitter.com/Oliv...tus/1772538310595916209


Kengen has capex projects to undertake and for them 80% profits as dividends not tenable
Do politicians (GoK) care?


Plus loans to repay.
Kengen remitting 80% of profits is a pipe dream.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
Ericsson
#155 Posted : Saturday, April 20, 2024 8:22:13 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
https://www.businessdail...-as-dams-spill--4594038

Does it mean they will have a good H2.
H1 they had a significant drop in profits
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
kawi254
#156 Posted : Monday, April 22, 2024 12:33:40 PM
Rank: Member


Joined: 2/20/2015
Posts: 465
Location: Nairobi
Ericsson wrote:
https://www.businessdailyafrica.com/bd/markets/commodities/production-of-cheaper-hydropower-hits-2-year-high-as-dams-spill--4594038

Does it mean they will have a good H2.
H1 they had a significant drop in profits


Article mentions 290.48 GWh in 03/2024 which is low compared to years when Masinga dam spills over where between April - September an average of 400 Gwh is generated from Hydro per month. We watch for April - September generation figures hoping that the 'take or pay' LTWP or Ethiopia power import are not given priority over Kengen's Hydro.

April,May & June in my opinion won't rescue H2. We have had good rains since El Nino rains of November 2023 and the Hydro production has been maintained low.
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest
8 Pages«<678
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2024 Wazua.co.ke. All Rights Reserved.