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SAFARICOM
Monk
#61 Posted : Thursday, October 13, 2022 7:31:49 AM
Rank: Member


Joined: 7/1/2009
Posts: 236
piedpiper wrote:
MaichBlack wrote:
Queen wrote:
MaichBlack wrote:
VituVingiSana wrote:
My 2 cents wrote:
It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo.

Don't we all wish we had more ammo? Sad
I see some well run firms at cheap prices and want to load up but no cash! Sad

@vvs - What are some of these firms you are lookin @. Mwaga mtama.


True.
Elder @VVS please share.

@VVS....


@VVS please do share...


On a light note, it seems like @VVS is the real pied piper, except his advice is sound.
Queen
#62 Posted : Thursday, October 13, 2022 12:20:19 PM
Rank: Member


Joined: 11/21/2018
Posts: 502
Location: Britain
Monk wrote:
piedpiper wrote:
MaichBlack wrote:
Queen wrote:
MaichBlack wrote:
VituVingiSana wrote:
My 2 cents wrote:
It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo.

Don't we all wish we had more ammo? Sad
I see some well run firms at cheap prices and want to load up but no cash! Sad

@vvs - What are some of these firms you are lookin @. Mwaga mtama.


True.
Elder @VVS please share.

@VVS....


@VVS please do share...


On a light note, it seems like @VVS is the real pied piper, except his advice is sound.


Some things only come with experience. As good as personal research is great, experience is key.
My 2 cents
#63 Posted : Thursday, October 13, 2022 6:23:16 PM
Rank: Veteran


Joined: 6/2/2010
Posts: 926
Just buy Safaricom sub 30 and hold for good.
VituVingiSana
#64 Posted : Friday, October 14, 2022 1:20:01 AM
Rank: Chief


Joined: 1/3/2007
Posts: 17,864
Location: Nairobi
piedpiper wrote:
MaichBlack wrote:
Queen wrote:
MaichBlack wrote:
VituVingiSana wrote:
My 2 cents wrote:
It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo.

Don't we all wish we had more ammo? Sad
I see some well run firms at cheap prices and want to load up but no cash! Sad

@vvs - What are some of these firms you are lookin @. Mwaga mtama.


True.
Elder @VVS please share.

@VVS....


@VVS please do share...
Pole sana. I hardly log onto to Wazua.

There are no guarantees with all the geopolitical and local political drama!
I am currently focused on cash dividends and dividend growth. Capital Growth is a bonus. My goal is to beat 5-year T-Bond yields (13 Oct 2022). Not easy!

Focus is mostly on banks because they can adapt to higher interest rates, reinvest in T-Bonds and generally pay dividends.

I am a LONG TERM holder and can stomach low prices as long as I see better days.

KenyaRe: So-so performance but the current CEO's 2 terms are up. New CEO could be shareholder friendly until the scams start! Buyer Beware. Lots of cash will attract smiling vultures. See my comment on firms starting with "Kenya" in its name!
Price: 2/-
DPS: 0.10 (est FY22 but hoping for 0.15)
DY: 5%

SCBK: Well run. Steady performer. The DY is very attractive. Buy for the dividend not rapid growth.
Price: 135
DPS: 15.00 (est FY22)
DY: 11% (Like a Bond)

Centum: Sale of Sidian (cash is king), (slow)sales of properties, turnaround of COVID affected businesses eg NAS, Isuzu is doing well, CEO has 5mn+ shares, Kirubi family represented on the Board. It is NOT for the faint-hearted. TR Mall is dead. Slow property sales. HY22 results are due by 31 Dec 2022 and will give us a better read for FY23.
Price: 9.00
DPS: 0.60 (est FY23 - YE June 2023)
DY: 6.6%

ABSA: Well run. Steady performer. Growing its customer base. New CEO coming soon.
Price: 11
DPS: 1.10 (est FY22)
DY: 10% (Like a Bond)

DTK: Underperformed in 2020 and 2021 but there is pressure on the board. The low ROE (low hanging fruit) can be improved. It seems the CEO will retire soon.
Price: 49
DPS: 5.00 (est FY22)
DY: 10% (Like a Bond)

Longhorn: Underperformed in 2020 and 2021 (COVID). Recovery in 2022 but no dividend. Parents are broke but it has expanded regionally including DRC. A better performance expected in 2023.
Price: 4
DPS: 0.40 (est FY23 - Year end June 2023)
DY: 10% (Like a Bond)

BAT: Taxes will be increased on tobacco. The nicotine pouches, if allowed, will be a gamechanger. Lean and mean.
Price: 450
DPS: 50 (est FY22 Interim + Final)
DY: 11% (Like a Bond)

I own all of the above. I also added where I could eg BAT, SCBK for a good DY.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Queen
#65 Posted : Friday, October 14, 2022 11:09:10 AM
Rank: Member


Joined: 11/21/2018
Posts: 502
Location: Britain
VituVingiSana wrote:
piedpiper wrote:
MaichBlack wrote:
Queen wrote:
MaichBlack wrote:
VituVingiSana wrote:
My 2 cents wrote:
It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo.

Don't we all wish we had more ammo? Sad
I see some well run firms at cheap prices and want to load up but no cash! Sad

@vvs - What are some of these firms you are lookin @. Mwaga mtama.


True.
Elder @VVS please share.

@VVS....


@VVS please do share...
Pole sana. I hardly log onto to Wazua.

There are no guarantees with all the geopolitical and local political drama!
I am currently focused on cash dividends and dividend growth. Capital Growth is a bonus. My goal is to beat 5-year T-Bond yields (13 Oct 2022). Not easy!

Focus is mostly on banks because they can adapt to higher interest rates, reinvest in T-Bonds and generally pay dividends.

I am a LONG TERM holder and can stomach low prices as long as I see better days.

KenyaRe: So-so performance but the current CEO's 2 terms are up. New CEO could be shareholder friendly until the scams start! Buyer Beware. Lots of cash will attract smiling vultures. See my comment on firms starting with "Kenya" in its name!
Price: 2/-
DPS: 0.10 (est FY22 but hoping for 0.15)
DY: 5%

SCBK: Well run. Steady performer. The DY is very attractive. Buy for the dividend not rapid growth.
Price: 135
DPS: 15.00 (est FY22)
DY: 11% (Like a Bond)

Centum: Sale of Sidian (cash is king), (slow)sales of properties, turnaround of COVID affected businesses eg NAS, Isuzu is doing well, CEO has 5mn+ shares, Kirubi family represented on the Board. It is NOT for the faint-hearted. TR Mall is dead. Slow property sales. HY22 results are due by 31 Dec 2022 and will give us a better read for FY23.
Price: 9.00
DPS: 0.60 (est FY23 - YE June 2023)
DY: 6.6%

ABSA: Well run. Steady performer. Growing its customer base. New CEO coming soon.
Price: 11
DPS: 1.10 (est FY22)
DY: 10% (Like a Bond)

DTK: Underperformed in 2020 and 2021 but there is pressure on the board. The low ROE (low hanging fruit) can be improved. It seems the CEO will retire soon.
Price: 49
DPS: 5.00 (est FY22)
DY: 10% (Like a Bond)

Longhorn: Underperformed in 2020 and 2021 (COVID). Recovery in 2022 but no dividend. Parents are broke but it has expanded regionally including DRC. A better performance expected in 2023.
Price: 4
DPS: 0.40 (est FY23 - Year end June 2023)
DY: 10% (Like a Bond)

BAT: Taxes will be increased on tobacco. The nicotine pouches, if allowed, will be a gamechanger. Lean and mean.
Price: 450
DPS: 50 (est FY22 Interim + Final)
DY: 11% (Like a Bond)

I own all of the above. I also added where I could eg BAT, SCBK for a good DY.


Thank you.
BAT and SCBK are quite attractive.
heri
#66 Posted : Friday, October 14, 2022 11:21:58 AM
Rank: Member


Joined: 9/14/2011
Posts: 809
Location: nairobi
VituVingiSana wrote:
piedpiper wrote:
MaichBlack wrote:
Queen wrote:
MaichBlack wrote:
VituVingiSana wrote:
My 2 cents wrote:
It is rare that the stock market hands someone 'gifts'.
Safaricom at current price, sub-26 is a gift.
As WB says, when it is raining gold, do not put out a thimble, reach for a bucket. I am buying all the safcom shares I can buy with all my spare cash.
I wish I had more ammo.

Don't we all wish we had more ammo? Sad
I see some well run firms at cheap prices and want to load up but no cash! Sad

@vvs - What are some of these firms you are lookin @. Mwaga mtama.


True.
Elder @VVS please share.

@VVS....


@VVS please do share...
Pole sana. I hardly log onto to Wazua.

There are no guarantees with all the geopolitical and local political drama!
I am currently focused on cash dividends and dividend growth. Capital Growth is a bonus. My goal is to beat 5-year T-Bond yields (13 Oct 2022). Not easy!

Focus is mostly on banks because they can adapt to higher interest rates, reinvest in T-Bonds and generally pay dividends.

I am a LONG TERM holder and can stomach low prices as long as I see better days.

KenyaRe: So-so performance but the current CEO's 2 terms are up. New CEO could be shareholder friendly until the scams start! Buyer Beware. Lots of cash will attract smiling vultures. See my comment on firms starting with "Kenya" in its name!
Price: 2/-
DPS: 0.10 (est FY22 but hoping for 0.15)
DY: 5%

SCBK: Well run. Steady performer. The DY is very attractive. Buy for the dividend not rapid growth.
Price: 135
DPS: 15.00 (est FY22)
DY: 11% (Like a Bond)

Centum: Sale of Sidian (cash is king), (slow)sales of properties, turnaround of COVID affected businesses eg NAS, Isuzu is doing well, CEO has 5mn+ shares, Kirubi family represented on the Board. It is NOT for the faint-hearted. TR Mall is dead. Slow property sales. HY22 results are due by 31 Dec 2022 and will give us a better read for FY23.
Price: 9.00
DPS: 0.60 (est FY23 - YE June 2023)
DY: 6.6%

ABSA: Well run. Steady performer. Growing its customer base. New CEO coming soon.
Price: 11
DPS: 1.10 (est FY22)
DY: 10% (Like a Bond)

DTK: Underperformed in 2020 and 2021 but there is pressure on the board. The low ROE (low hanging fruit) can be improved. It seems the CEO will retire soon.
Price: 49
DPS: 5.00 (est FY22)
DY: 10% (Like a Bond)

Longhorn: Underperformed in 2020 and 2021 (COVID). Recovery in 2022 but no dividend. Parents are broke but it has expanded regionally including DRC. A better performance expected in 2023.
Price: 4
DPS: 0.40 (est FY23 - Year end June 2023)
DY: 10% (Like a Bond)

BAT: Taxes will be increased on tobacco. The nicotine pouches, if allowed, will be a gamechanger. Lean and mean.
Price: 450
DPS: 50 (est FY22 Interim + Final)
DY: 11% (Like a Bond)

I own all of the above. I also added where I could eg BAT, SCBK for a good DY.


When is Kenya Re MD exiting? I cannot wait to exit Kenya Re but I am deeply in the red . Maybe a new MD may excite the market
VituVingiSana
#67 Posted : Friday, October 14, 2022 8:17:28 PM
Rank: Chief


Joined: 1/3/2007
Posts: 17,864
Location: Nairobi
My ASS-UMPTION is that Kenya Re will follow the same guidelines as other "State" firms so the CEO has a max of 2 terms. KenyaRe may not have done very well under him but it has not been looted either when one looks at the cash (Deposits, G-Secs) growth under him. So I say thank you to him.

A new (politically aligned) MD may not be the panacea but a strategic investor (eg Swiss Re, General Re, etc) similar to what we saw in Safaricom.

BUT this is a Safaricom thread so we can move the general discussion elsewhere.

Safaricom, IMHO, benefitted from Vodafone's support both financial, technical and seconded staff eg MJ and BC as well as CFOs and CTOs.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#68 Posted : Saturday, November 05, 2022 8:03:38 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,528
Location: NAIROBI
Safaricom HY results to be released on Thursday 10 November 2022
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#69 Posted : Tuesday, November 08, 2022 7:23:04 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,528
Location: NAIROBI
Ericsson wrote:
Safaricom HY results to be released on Thursday 10 November 2022


Revised to Friday 11 November at 7:30am
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
cyruskulei
#70 Posted : Tuesday, November 08, 2022 11:50:00 AM
Rank: Member


Joined: 3/9/2010
Posts: 317
Location: kenya
Ericsson wrote:
Ericsson wrote:
Safaricom HY results to be released on Thursday 10 November 2022


Revised to Friday 11 November at 7:30am



This might not be good results considering the announcement day
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.

MaichBlack
#71 Posted : Wednesday, November 09, 2022 11:59:20 AM
Rank: Elder


Joined: 7/22/2009
Posts: 7,359
cyruskulei wrote:
Ericsson wrote:
Ericsson wrote:
Safaricom HY results to be released on Thursday 10 November 2022


Revised to Friday 11 November at 7:30am



This might not be good results considering the announcement day

See the announcement time...

Relax.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
cyruskulei
#72 Posted : Friday, November 11, 2022 10:44:50 AM
Rank: Member


Joined: 3/9/2010
Posts: 317
Location: kenya
MaichBlack wrote:
cyruskulei wrote:
Ericsson wrote:
Ericsson wrote:
Safaricom HY results to be released on Thursday 10 November 2022


Revised to Friday 11 November at 7:30am



This might not be good results considering the announcement day

See the announcement time...

Relax.



18% drop in profit after tax



Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.

watesh
#73 Posted : Friday, November 11, 2022 11:35:47 AM
Rank: Veteran


Joined: 8/10/2014
Posts: 931
Location: Kenya
cyruskulei wrote:
MaichBlack wrote:
cyruskulei wrote:
Ericsson wrote:
Ericsson wrote:
Safaricom HY results to be released on Thursday 10 November 2022


Revised to Friday 11 November at 7:30am



This might not be good results considering the announcement day

See the announcement time...

Relax.



18% drop in profit after tax





Dividend cut is coming
obiero
#74 Posted : Friday, November 11, 2022 7:59:40 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,218
Location: nairobi
watesh wrote:
cyruskulei wrote:
MaichBlack wrote:
cyruskulei wrote:
Ericsson wrote:
Ericsson wrote:
Safaricom HY results to be released on Thursday 10 November 2022


Revised to Friday 11 November at 7:30am



This might not be good results considering the announcement day

See the announcement time...

Relax.



18% drop in profit after tax




Dividend cut is coming

It's a definite buy sub KES 21

COOP 5,500 ABP12.6; HF 286,000 ABP 3.49; KCB 7,500 ABP 36; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
the deal
#75 Posted : Thursday, November 17, 2022 3:10:18 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
obiero wrote:
watesh wrote:
cyruskulei wrote:
MaichBlack wrote:
cyruskulei wrote:
Ericsson wrote:
Ericsson wrote:
Safaricom HY results to be released on Thursday 10 November 2022


Revised to Friday 11 November at 7:30am



This might not be good results considering the announcement day

See the announcement time...

Relax.



18% drop in profit after tax




Dividend cut is coming

It's a definite buy sub KES 21


I have dropped my notes on these numbers here https://davismika.substa...aricom-h1-2023-earnings LONG POST ALERTsmile
McGill
#76 Posted : Friday, November 18, 2022 11:01:03 PM
Rank: New-farer


Joined: 8/1/2019
Posts: 76
the deal wrote:
obiero wrote:
watesh wrote:
cyruskulei wrote:
MaichBlack wrote:
cyruskulei wrote:
Ericsson wrote:
Ericsson wrote:
Safaricom HY results to be released on Thursday 10 November 2022


Revised to Friday 11 November at 7:30am



This might not be good results considering the announcement day

See the announcement time...

Relax.



18% drop in profit after tax




Dividend cut is coming

It's a definite buy sub KES 21


I have dropped my notes on these numbers here https://davismika.substa...aricom-h1-2023-earnings LONG POST ALERTsmile


Awesome post. If it was another stock with a trailing PE Ratio of 14.5, trailing dividend yield of 5.45%, and non-existent growth in net incomes I would expect it to fall significantly. But I don't know everything.
Ericsson
#77 Posted : Saturday, November 19, 2022 7:04:47 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,528
Location: NAIROBI
McGill wrote:
the deal wrote:
obiero wrote:
watesh wrote:
cyruskulei wrote:
MaichBlack wrote:
cyruskulei wrote:
Ericsson wrote:
Ericsson wrote:
Safaricom HY results to be released on Thursday 10 November 2022


Revised to Friday 11 November at 7:30am



This might not be good results considering the announcement day

See the announcement time...

Relax.



18% drop in profit after tax




Dividend cut is coming

It's a definite buy sub KES 21


I have dropped my notes on these numbers here https://davismika.substa...aricom-h1-2023-earnings LONG POST ALERTsmile


Awesome post. If it was another stock with a trailing PE Ratio of 14.5, trailing dividend yield of 5.45%, and non-existent growth in net incomes I would expect it to fall significantly. But I don't know everything.


Investors are betting on Ethiopia to power growth going forward,
So far the numbers coming from there are good.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#78 Posted : Tuesday, December 06, 2022 10:53:27 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,528
Location: NAIROBI
https://techweez.com/202...ction-fees-reintroduced/
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#79 Posted : Thursday, December 08, 2022 8:06:54 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,218
Location: nairobi
Ericsson wrote:
McGill wrote:
the deal wrote:
obiero wrote:
watesh wrote:
cyruskulei wrote:
MaichBlack wrote:
cyruskulei wrote:
Ericsson wrote:
Ericsson wrote:
Safaricom HY results to be released on Thursday 10 November 2022


Revised to Friday 11 November at 7:30am



This might not be good results considering the announcement day

See the announcement time...

Relax.



18% drop in profit after tax




Dividend cut is coming

It's a definite buy sub KES 21


I have dropped my notes on these numbers here https://davismika.substa...aricom-h1-2023-earnings LONG POST ALERTsmile


Awesome post. If it was another stock with a trailing PE Ratio of 14.5, trailing dividend yield of 5.45%, and non-existent growth in net incomes I would expect it to fall significantly. But I don't know everything.


Investors are betting on Ethiopia to power growth going forward,
So far the numbers coming from there are good.

Ethiopia may never exceed Kenya in terms of the proposal at hand.. I would be cautious but it looks interesting

COOP 5,500 ABP12.6; HF 286,000 ABP 3.49; KCB 7,500 ABP 36; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
My 2 cents
#80 Posted : Thursday, December 08, 2022 9:31:36 PM
Rank: Veteran


Joined: 6/2/2010
Posts: 926
Watesh is probably right about a dividend cut in the coming years. Debt repayment will take priority.
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