It lloks like, hii, watu walisahau ama waliamua kuihepa. Absolutely no interest.

@Pkoli, Please note that these results were for CFC Stanbic Bank not CFC Stanbic Holdings, the company listed on the NSE. They are 2 different entities even though the latter owns most of the former - about 96%, if I recall correctly.

CFC Stanbic Bank has fewer shares than the holding company. As you have correctly surmised the EPS attributable to you as a shareholder of CFC Stanbic Holdings is slightly less than Kshs 3.61 (being the 96% ownership of the Jan-Sept profits of the bank divided between 273,684,211 shares).

BTW CFC Stanbic Holdings no longer reports on a quarterly basis, unlike the bank which is obligated to do so under Central Bank regulations.

Hey you are welcome, but I am afraid I am the harbinger of bad tidings....

Your post above is not the correct interpretation of the true position.

The number of shares in the bank/financial services business will be 273 million while shareholders of CFC Stanbic Holdings will get 1 (new) share in CFC Insurance Holdings for every share they hold in the former. Q3 EPS for the bank will therefore STILL be the lower figure of LESS than 3.61 rather than the 8.09.

The EPS of 8.09 is split between more shares when it is consolidated in the books of CFC Stanbic Holdings of which you hold some of the 273 million shares.

@pkoli there will be lots of sell side activity on the insurance business once they list. I will be taking advantage of expected low prices to add an insurance company to my portifolio.