[quote=Cde Monomotapa]Hey folks.
I have gone back to KCB’s PBT growth momentum
for FY2010 over FY2009 - and it bloomed as follows.
Q1 – +10%
Q2 – +16%
Q3 - +23%
FY - +56% (2009:6.3B, 2010:9.8B)
Beautiful..
Thus, presuming that the same PBT growth trend can be
replicated in FY2011, especially now that all subsidiaries
are turning profitable, then come the full year 2011 this
bank will yet again record wonderful profits. (Subsidiaries
contributed a 2B loss to the group last year).
It was a great year for kcb. They suprised me. What is very exciting is that betweed kcb and equity, one of them may get the crown of the most profitable bank in kenya!!! I cant tell who it will be, it will be so close. Meanwhile. Equity going for 23.75!
The investor's chief problem - and even his worst enemy - is likely to be himself