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Listed banks H1 results - Profits continue to grow!
Rank: Elder Joined: 6/2/2008 Posts: 1,438
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Does anyone have the dates when our listed banks will be reporting for H1 2011?
These were the dates for last year:
Barclays - Aug-11-10 CFC Stanbic - Aug-30-10 Diamond - Aug-11-10 Equity - Jul-20-10 Housing - Jul-21-10 KCB - Jul-13-10 National - Aug-06-10 NIC - Aug-19-10 Stanchart - Aug-13-10 Co-operative - Aug-16-10
As you can see, if last year is anything to go by, Only 3 banks reported in July. Will this year be any different?
I wish NSE could move to the same standards as the JSE and require NSE listed companies to submit a calendar for announcements (among other things).
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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mwanahisa wrote: I wish NSE could move to the same standards as the JSE and require NSE listed companies to submit a calendar for announcements (among other things).
Couldn't agree more GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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youcan'tstopusnow wrote:mwanahisa wrote: I wish NSE could move to the same standards as the JSE and require NSE listed companies to submit a calendar for announcements (among other things).
Couldn't agree more Moi deuce  look @google & Citi, their H1s are already out and consumed..yet they are GLOBAL Ops! 
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Cde Monomotapa wrote:youcan'tstopusnow wrote:mwanahisa wrote: I wish NSE could move to the same standards as the JSE and require NSE listed companies to submit a calendar for announcements (among other things).
Couldn't agree more Moi deuce  look @google & Citi, their H1s are already out and consumed..yet they are GLOBAL Ops!  Was EA CABLES' fast delivery a one off linked to Transcentury ama it's a 'new beginning'? Hehe. Probably the former. Hata KCB during the Rights Issue announced their results in record time! GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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youcan'tstopusnow wrote:Cde Monomotapa wrote:youcan'tstopusnow wrote:mwanahisa wrote: I wish NSE could move to the same standards as the JSE and require NSE listed companies to submit a calendar for announcements (among other things).
Couldn't agree more Moi deuce  look @google & Citi, their H1s are already out and consumed..yet they are GLOBAL Ops!  Was EA CABLES' fast delivery a one off linked to Transcentury ama it's a 'new beginning'? Hehe. Probably the former. Hata KCB during the Rights Issue announced their results in record time! Cables have always tried to be swift..I expect KCB over next two days. (last year H1s on 19th July)
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Basi hii ndio wiki! KCB went as low as 21.25. Surprised mwanahisa didn't mention it... GOD BLESS YOUR LIFE
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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youcan'tstopusnow wrote:Basi hii ndio wiki! KCB went as low as 21.25. Surprised mwanahisa didn't mention it... YCSUN, as a speculative play? I actually thought about it, but I guess I didn't follow that thought to the end! Interestingly there was almost a 7.6% spread between the high and low price. On the other hand there were very few shares traded at the low of 21.25. Anyhow, something to watch out for from tomorrow.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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KCB reported early last year bcos of the RI...i expect member to report first.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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mwanahisa wrote:youcan'tstopusnow wrote:Basi hii ndio wiki! KCB went as low as 21.25. Surprised mwanahisa didn't mention it... YCSUN, as a speculative play? I actually thought about it, but I guess I didn't follow that thought to the end! Interestingly there was almost a 7.6% spread between the high and low price. On the other hand there were very few shares traded at the low of 21.25. Anyhow, something to watch out for from tomorrow. Yeah, was talking about it as a speculative play GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Ready when they are then (KCB).
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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youcan'tstopusnow wrote:mwanahisa wrote: I wish NSE could move to the same standards as the JSE and require NSE listed companies to submit a calendar for announcements (among other things).
Couldn't agree more
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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The more the Banksters delay their results...the more likely the numbers are below par...
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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This is dumb  how is it a profit drop in H1 2011 when KCB(R) was in the losses in H1 2010  media men 
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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This is dumb  how is it a profit drop in H1 2011 when KCB(R) was in the losses in H1 2010  media men 
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Haven't said this in a while, !! ROAR !!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Cde Monomotapa wrote:This is dumb  how is it a profit drop in H1 2011 when KCB(R) was in the losses in H1 2010  media men  @Cde, read the article properly. The projection is that Q2 (2011) has not fetched as much earnings as Q1 (2011). KCB Rwanda’s Managing Director, Maurice K. Toroitich gave the following reason for it Quote:“Bralirwa’s Initial Public Offering (IPO) helped the bank record a healthy growth, which did not happen in the second quarter.
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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Cde Monomotapa wrote:This is dumb  how is it a profit drop in H1 2011 when KCB(R) was in the losses in H1 2010  media men  Wrong headline. What they meant is that the profits for Q2 2011 will be slightly lower than those of Q1 2011. However, H1 2011 will still be well above that for H1 2010. You know bad news sells - I am reading (finally) Jeffrey Archer's "The Fourth Estate" and these guys will do anything for a catchy headline - but then we already knew that!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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mwekez@ji wrote:KCB Rwanda projects profit drop in H1 Then why this mis-leading statement?
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Cde Monomotapa wrote:mwekez@ji wrote:KCB Rwanda projects profit drop in H1 Then why this mis-leading statement? Please replace H1 with Q2. My apologies @Cde et all
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