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WPP Scangroup FY2018
Ericsson
#1 Posted : Thursday, April 11, 2019 10:36:00 AM
Rank: Elder


Joined: 12/4/2009
Posts: 6,893
Location: NAIROBI
Listed advertising and communication firm WPP Scangroup recorded a 28 percent improvement in net profit in 2018 from KSh478 million to KSh612 million. The company whose operations run in 25 African countries credited the good performance to enhanced revenues from the digital and technology segments as well as the newly acquired research business.

WPP Scangroup’s largest market, Kenya, contributed 62 percent of the firm’s revenue. Tough economic conditions in the country saw the firm’s income from advertising, public relations and media slightly decline. Revenue from Nigeria improved from 6 percent to 11 percent thanks to the new business, TNS Kantar research.

The firm’s operating expenses increased marginally to reach KSh3.9 billion. Its total assets grew by 5 percent from KSh13.8 billion to KSh14.4 billion.

The company expects improved earnings in 2019 based on the performance since the start of 2019. Its board of directors announced a final dividend of KSh1 per share and a special dividend of KSh3 per share to be paid upon approval by the shareholders during the annual general meeting. In 2017 KSh0.75 dividend per share was paid out to its investors.
the deal
#2 Posted : Thursday, April 11, 2019 10:48:05 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,479
Location: Windhoek/Nairobbery
Management know how to unlock shareholder value!
Ebenyo
#3 Posted : Thursday, April 11, 2019 11:08:59 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,663
Location: Kitale
Ericsson wrote:
Listed advertising and communication firm WPP Scangroup recorded a 28 percent improvement in net profit in 2018 from KSh478 million to KSh612 million. The company whose operations run in 25 African countries credited the good performance to enhanced revenues from the digital and technology segments as well as the newly acquired research business.

WPP Scangroup’s largest market, Kenya, contributed 62 percent of the firm’s revenue. Tough economic conditions in the country saw the firm’s income from advertising, public relations and media slightly decline. Revenue from Nigeria improved from 6 percent to 11 percent thanks to the new business, TNS Kantar research.

The firm’s operating expenses increased marginally to reach KSh3.9 billion. Its total assets grew by 5 percent from KSh13.8 billion to KSh14.4 billion.

The company expects improved earnings in 2019 based on the performance since the start of 2019. Its board of directors announced a final dividend of KSh1 per share and a special dividend of KSh3 per share to be paid upon approval by the shareholders during the annual general meeting. In 2017 KSh0.75 dividend per share was paid out to its investors.



Hongera kwa wale wako hapa!
Towards the goal of financial freedom
Ebenyo
#4 Posted : Thursday, April 11, 2019 11:36:27 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,663
Location: Kitale
Ericsson wrote:
Listed advertising and communication firm WPP Scangroup recorded a 28 percent improvement in net profit in 2018 from KSh478 million to KSh612 million. The company whose operations run in 25 African countries credited the good performance to enhanced revenues from the digital and technology segments as well as the newly acquired research business.

WPP Scangroup’s largest market, Kenya, contributed 62 percent of the firm’s revenue. Tough economic conditions in the country saw the firm’s income from advertising, public relations and media slightly decline. Revenue from Nigeria improved from 6 percent to 11 percent thanks to the new business, TNS Kantar research.

The firm’s operating expenses increased marginally to reach KSh3.9 billion. Its total assets grew by 5 percent from KSh13.8 billion to KSh14.4 billion.

The company expects improved earnings in 2019 based on the performance since the start of 2019. Its board of directors announced a final dividend of KSh1 per share and a special dividend of KSh3 per share to be paid upon approval by the shareholders during the annual general meeting. In 2017 KSh0.75 dividend per share was paid out to its investors.

Towards the goal of financial freedom
Pesa Nane
#5 Posted : Thursday, April 11, 2019 12:54:41 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Applause Applause Applause Applause Applause

Pesa Nane plans to be shilingi when he grows up.
xxxxx
#6 Posted : Thursday, April 11, 2019 1:06:40 PM
Rank: Member


Joined: 3/20/2008
Posts: 451
the deal wrote:
Management know how to unlock shareholder value!


How is that unlocking shareholder value yet it will tank by 200% after book closure. Its great for those who were in before the announcement but whoever was out should stay out or risk getting burnt beyond recognition.Shame on you
the deal
#7 Posted : Thursday, April 11, 2019 2:40:46 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,479
Location: Windhoek/Nairobbery
xxxxx wrote:
the deal wrote:
Management know how to unlock shareholder value!


How is that unlocking shareholder value yet it will tank by 200% after book closure. Its great for those who were in before the announcement but whoever was out should stay out or risk getting burnt beyond recognition.Shame on you


Hmmm it won't fall by 200%...we can bet on that...

Lets give credit were it's due guys...Scan has shown the way...hope other listed companies follow suit...you can not seat on cash yet your shareholders are starving..no acquisition or expansion plans..yet damn boards can't approve bumper dividends to shareholders...there are few boards who sometimes make me feel like flying to Nairobi imprompto and give each member a hard slap...

Look at a company like Liberty Insurance...damn board can't even declare a dividend on release of FY results...karma they will announce later...what crap is that?!
rwitre
#8 Posted : Thursday, April 11, 2019 11:27:44 PM
Rank: Member


Joined: 3/8/2018
Posts: 327
Location: Nairobi
Let the brave ones who bought during the dip enjoy the fruits of their gamble Laughing out loudly

The rest of us will look at you enviously
VituVingiSana
#9 Posted : Friday, April 12, 2019 12:51:56 AM
Rank: Chief


Joined: 1/3/2007
Posts: 16,052
Location: Nairobi
xxxxx wrote:
the deal wrote:
Management know how to unlock shareholder value!


How is that unlocking shareholder value yet it will tank by 200% after book closure. Its great for those who were in before the announcement but whoever was out should stay out or risk getting burnt beyond recognition.Shame on you

How can a stock fall by more than 100%?
Please show me the mathematics.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
NewMoney
#10 Posted : Friday, April 12, 2019 4:17:19 AM
Rank: New-farer


Joined: 3/1/2019
Posts: 51
Location: Nairobi
xxxxx wrote:
the deal wrote:
Management know how to unlock shareholder value!


How is that unlocking shareholder value yet it will tank by 200% after book closure. Its great for those who were in before the announcement but whoever was out should stay out or risk getting burnt beyond recognition.Shame on you


Have never understood how stocks work after dividends are declared and my googling skills are letting me down. Is this what normally happens when companies declare dividends and pay them out?

1) dividend gets declared
2) price shoots up since whoever is selling is factoring in the dividends + current price (sometimes it shoots up past the `dividents+price` level, which could be a bubble?)
3) dividends get paid (anyone who bought shares after the dividends was declared will receive the dividends, even if they owned the shares for just one day? also about how long does it take for dividends to get paid out after they are declared)
4) price goes down ideally to the level it was before dividends were declared.
xxxxx
#11 Posted : Friday, April 12, 2019 5:28:49 AM
Rank: Member


Joined: 3/20/2008
Posts: 451
VituVingiSana wrote:
xxxxx wrote:
the deal wrote:
Management know how to unlock shareholder value!


How is that unlocking shareholder value yet it will tank by 200% after book closure. Its great for those who were in before the announcement but whoever was out should stay out or risk getting burnt beyond recognition.Shame on you

How can a stock fall by more than 100%?
Please show me the mathematics.


Haha..@vvs, don't take it literally. I'm sure you get the point.
xxxxx
#12 Posted : Friday, April 12, 2019 5:31:55 AM
Rank: Member


Joined: 3/20/2008
Posts: 451
the deal wrote:
xxxxx wrote:
the deal wrote:
Management know how to unlock shareholder value!


How is that unlocking shareholder value yet it will tank by 200% after book closure. Its great for those who were in before the announcement but whoever was out should stay out or risk getting burnt beyond recognition.Shame on you


Hmmm it won't fall by 200%...we can bet on that...

Lets give credit were it's due guys...Scan has shown the way...hope other listed companies follow suit...you can not seat on cash yet your shareholders are starving..no acquisition or expansion plans..yet damn boards can't approve bumper dividends to shareholders...there are few boards who sometimes make me feel like flying to Nairobi imprompto and give each member a hard slap...

Look at a company like Liberty Insurance...damn board can't even declare a dividend on release of FY results...karma they will announce later...what crap is that?!


Laughing out loudly Laughing out loudly that example of Liberty directors is is so trueApplause Applause Applause


sparkly
#13 Posted : Friday, April 12, 2019 4:12:04 PM
Rank: Elder


Joined: 9/23/2009
Posts: 7,048
Location: Enk are Nyirobi
NewMoney wrote:
xxxxx wrote:
the deal wrote:
Management know how to unlock shareholder value!


How is that unlocking shareholder value yet it will tank by 200% after book closure. Its great for those who were in before the announcement but whoever was out should stay out or risk getting burnt beyond recognition.Shame on you


Have never understood how stocks work after dividends are declared and my googling skills are letting me down. Is this what normally happens when companies declare dividends and pay them out?

1) dividend gets declared
2) price shoots up since whoever is selling is factoring in the dividends + current price (sometimes it shoots up past the `dividents+price` level, which could be a bubble?)
3) dividends get paid (anyone who bought shares after the dividends was declared will receive the dividends, even if they owned the shares for just one day? also about how long does it take for dividends to get paid out after they are declared)
4) price goes down ideally to the level it was before dividends were declared.



The relevant dates are:
1. Announcement date- When the Directors announce results and/or payment of dividend;
2. Books closure date - The cutoff date for shareholders to be paid. If you are on register on books closure date, you receive a dividend. If your name is entered on the register subsequently, you dont receive.
3. Payment date - the date on which dividend cheques and EFT are made.

In view of the above, the price of shares should fall on the books closure date by amount of dividend payable. Other falls and rises are irrational. This assumes that market is efficient.
Life is short. Live passionately.
sparkly
#14 Posted : Friday, April 12, 2019 4:45:30 PM
Rank: Elder


Joined: 9/23/2009
Posts: 7,048
Location: Enk are Nyirobi
xxxxx wrote:
the deal wrote:
xxxxx wrote:
the deal wrote:
Management know how to unlock shareholder value!


How is that unlocking shareholder value yet it will tank by 200% after book closure. Its great for those who were in before the announcement but whoever was out should stay out or risk getting burnt beyond recognition.Shame on you


Hmmm it won't fall by 200%...we can bet on that...

Lets give credit were it's due guys...Scan has shown the way...hope other listed companies follow suit...you can not seat on cash yet your shareholders are starving..no acquisition or expansion plans..yet damn boards can't approve bumper dividends to shareholders...there are few boards who sometimes make me feel like flying to Nairobi imprompto and give each member a hard slap...

Look at a company like Liberty Insurance...damn board can't even declare a dividend on release of FY results...karma they will announce later...what crap is that?!


Laughing out loudly Laughing out loudly that example of Liberty directors is is so trueApplause Applause Applause




Now you know who Kengen Shareholders felt. Company was declaring billions in profits, spending hundreds of millions on CSR but giving shareholders scones and yoghurt at Kasarani.
Life is short. Live passionately.
VituVingiSana
#15 Posted : Friday, April 12, 2019 5:05:32 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,052
Location: Nairobi
sparkly wrote:
xxxxx wrote:
the deal wrote:
xxxxx wrote:
the deal wrote:
Management know how to unlock shareholder value!


How is that unlocking shareholder value yet it will tank by 200% after book closure. Its great for those who were in before the announcement but whoever was out should stay out or risk getting burnt beyond recognition.Shame on you


Hmmm it won't fall by 200%...we can bet on that...

Lets give credit were it's due guys...Scan has shown the way...hope other listed companies follow suit...you can not seat on cash yet your shareholders are starving..no acquisition or expansion plans..yet damn boards can't approve bumper dividends to shareholders...there are few boards who sometimes make me feel like flying to Nairobi imprompto and give each member a hard slap...

Look at a company like Liberty Insurance...damn board can't even declare a dividend on release of FY results...karma they will announce later...what crap is that?!


Laughing out loudly Laughing out loudly that example of Liberty directors is is so trueApplause Applause Applause




Now you know who Kengen Shareholders felt. Company was declaring billions in profits, spending hundreds of millions on CSR but giving shareholders scones and yoghurt at Kasarani.

Why do shareholders expect food/freebies at AGMs?
Why should a shareholder who has 100 shares (value 500/-) get a scone and yoghurt, which costs 100/-, while a shareholder with 10,000 shares (value 50,000) get the same scone and yoghurt?

I like what Safcom does. A bottle of water out of courtesy. End of story. It's a business meeting not a feast.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#16 Posted : Friday, April 12, 2019 6:00:43 PM
Rank: Elder


Joined: 9/23/2009
Posts: 7,048
Location: Enk are Nyirobi
VituVingiSana wrote:
sparkly wrote:
xxxxx wrote:
the deal wrote:
xxxxx wrote:
the deal wrote:
Management know how to unlock shareholder value!


How is that unlocking shareholder value yet it will tank by 200% after book closure. Its great for those who were in before the announcement but whoever was out should stay out or risk getting burnt beyond recognition.Shame on you


Hmmm it won't fall by 200%...we can bet on that...

Lets give credit were it's due guys...Scan has shown the way...hope other listed companies follow suit...you can not seat on cash yet your shareholders are starving..no acquisition or expansion plans..yet damn boards can't approve bumper dividends to shareholders...there are few boards who sometimes make me feel like flying to Nairobi imprompto and give each member a hard slap...

Look at a company like Liberty Insurance...damn board can't even declare a dividend on release of FY results...karma they will announce later...what crap is that?!


Laughing out loudly Laughing out loudly that example of Liberty directors is is so trueApplause Applause Applause




Now you know who Kengen Shareholders felt. Company was declaring billions in profits, spending hundreds of millions on CSR but giving shareholders scones and yoghurt at Kasarani.

Why do shareholders expect food/freebies at AGMs?
Why should a shareholder who has 100 shares (value 500/-) get a scone and yoghurt, which costs 100/-, while a shareholder with 10,000 shares (value 50,000) get the same scone and yoghurt?

I like what Safcom does. A bottle of water out of courtesy. End of story. It's a business meeting not a feast.


Scones and yoghurt but no dividends. Pissed me off when attended in 2017.
Life is short. Live passionately.
NewMoney
#17 Posted : Saturday, April 13, 2019 1:00:22 AM
Rank: New-farer


Joined: 3/1/2019
Posts: 51
Location: Nairobi
sparkly wrote:
NewMoney wrote:
xxxxx wrote:
the deal wrote:
Management know how to unlock shareholder value!


How is that unlocking shareholder value yet it will tank by 200% after book closure. Its great for those who were in before the announcement but whoever was out should stay out or risk getting burnt beyond recognition.Shame on you


Have never understood how stocks work after dividends are declared and my googling skills are letting me down. Is this what normally happens when companies declare dividends and pay them out?

1) dividend gets declared
2) price shoots up since whoever is selling is factoring in the dividends + current price (sometimes it shoots up past the `dividents+price` level, which could be a bubble?)
3) dividends get paid (anyone who bought shares after the dividends was declared will receive the dividends, even if they owned the shares for just one day? also about how long does it take for dividends to get paid out after they are declared)
4) price goes down ideally to the level it was before dividends were declared.



The relevant dates are:
1. Announcement date- When the Directors announce results and/or payment of dividend;
2. Books closure date - The cutoff date for shareholders to be paid. If you are on register on books closure date, you receive a dividend. If your name is entered on the register subsequently, you dont receive.
3. Payment date - the date on which dividend cheques and EFT are made.

In view of the above, the price of shares should fall on the books closure date by amount of dividend payable. Other falls and rises are irrational. This assumes that market is efficient.


That helps. thanks
Pesa Nane
#18 Posted : Wednesday, May 15, 2019 12:59:31 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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