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Barclays Bank Kenya H1 pre-tax profit up 13pc
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Barclays Bank Kenya H1 pre-tax profit up 13pc
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ngapat
#1
Posted :
Wednesday, August 03, 2011 9:42:02 AM
Rank: Member
Joined: 12/11/2006
Posts: 896
PBT 5.3B
“Invest in yourself. Your career is the engine of your wealth.”
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holycow
#2
Posted :
Wednesday, August 03, 2011 9:45:07 AM
Rank: Veteran
Joined: 11/11/2006
Posts: 972
Location: Home
Interim Dividend?
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ngapat
#3
Posted :
Wednesday, August 03, 2011 9:46:55 AM
Rank: Member
Joined: 12/11/2006
Posts: 896
dividends is 20cts
“Invest in yourself. Your career is the engine of your wealth.”
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the deal
#4
Posted :
Wednesday, August 03, 2011 10:05:31 AM
Rank: Elder
Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Stagnant like pond water are the words...
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Cde Monomotapa
#5
Posted :
Wednesday, August 03, 2011 10:12:21 AM
Rank: Chief
Joined: 1/13/2011
Posts: 5,964
the deal wrote:
Stagnant like pond water are the words...
Poor Beberu bank?
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muganda
#6
Posted :
Wednesday, August 03, 2011 10:16:38 AM
Rank: Elder
Joined: 9/15/2006
Posts: 3,906
Results report
http://af.reuters.com/article/k...ws/idAFL6E7J304C20110803
Some people still take very personally, being shown out of the door by this bank some years ago. It seems they set into motion, a butterfly effect, even they could not have foreseen at the time.
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the deal
#7
Posted :
Wednesday, August 03, 2011 10:33:47 AM
Rank: Elder
Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
muganda wrote:
Results report
http://af.reuters.com/article/k...ws/idAFL6E7J304C20110803
Some people still take very personally, being shown out of the door by this bank some years ago. It seems they set into motion, a butterfly effect, even they could not have foreseen at the time.
If it was not for sacking staff I wonder how much this guys would have reported...dropping operating income is a red flag. .RUN.
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Cde Monomotapa
#8
Posted :
Wednesday, August 03, 2011 10:35:27 AM
Rank: Chief
Joined: 1/13/2011
Posts: 5,964
If BBK can save 1B from laying off staff then KCB can save 2B!
Rooar!!
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FUNKY
#9
Posted :
Wednesday, August 03, 2011 10:36:32 AM
Rank: Veteran
Joined: 4/30/2010
Posts: 1,635
They have put a CAUTIONARY statement for the H2 results. This will be bad for the share price.
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Impunity
#10
Posted :
Wednesday, August 03, 2011 10:39:06 AM
Rank: Elder
Joined: 3/2/2009
Posts: 26,330
Location: Masada
Cde Monomotapa wrote:
If BBK can save 1B from laying off staff then KCB can save 2B!
Rooar!!
And Ekwete 5B...LOAR!!!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Cde Monomotapa
#11
Posted :
Wednesday, August 03, 2011 10:44:34 AM
Rank: Chief
Joined: 1/13/2011
Posts: 5,964
Impunity wrote:
Cde Monomotapa wrote:
If BBK can save 1B from laying off staff then KCB can save 2B!
Rooar!!
And Ekwete 5B...LOAR!!!
EBL will make some savings but remember BBK & KCB had more senior staff in age/tenure/ position (pple with over 25yrs salary reviews!!)
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ngapat
#12
Posted :
Wednesday, August 03, 2011 12:06:10 PM
Rank: Member
Joined: 12/11/2006
Posts: 896
I see either flat or a drop in FY 2011 results
“Invest in yourself. Your career is the engine of your wealth.”
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githundi
#13
Posted :
Wednesday, August 03, 2011 12:35:12 PM
Rank: Veteran
Joined: 11/19/2010
Posts: 1,308
Location: nairobi metropolitan
ngapat wrote:
I see either flat or a drop in FY 2011 results
must be a drop, unless they sell more assets.
Democracy does not belong to the dead
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Cde Monomotapa
#14
Posted :
Wednesday, August 03, 2011 12:43:32 PM
Rank: Chief
Joined: 1/13/2011
Posts: 5,964
githundi wrote:
ngapat wrote:
I see either flat or a drop in FY 2011 results
must be a drop, unless they sell more assets.
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kenyainvestor
#15
Posted :
Wednesday, August 03, 2011 12:50:25 PM
Rank: Member
Joined: 7/12/2011
Posts: 194
Funny how management term customer deposits as "stable" as if it is a good thing. BBK's peers are experiencing a rise in customer deposits while all they can deliver is a 1.6% decline. "Mice" should jump from this ship
For a comprehensive analysis of the results check out my blog
LINK:
BARCLAYS BANK OF KENYA HALF YEAR 2011 RESULTS ANALYSIS
LATEST BLOG POST:
NSE BANKING SECTOR REPORT - THE TOP 5
FACEBOOK:
Kenya Investing
TWITTER HANDLE:
@kenyainvestor
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kenyainvestor
#16
Posted :
Wednesday, August 03, 2011 12:55:55 PM
Rank: Member
Joined: 7/12/2011
Posts: 194
Cde Monomotapa wrote:
githundi wrote:
ngapat wrote:
I see either flat or a drop in FY 2011 results
must be a drop, unless they sell more assets.
Yep, no more custodial businesses to sell
LATEST BLOG POST:
NSE BANKING SECTOR REPORT - THE TOP 5
FACEBOOK:
Kenya Investing
TWITTER HANDLE:
@kenyainvestor
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Cde Monomotapa
#17
Posted :
Wednesday, August 03, 2011 1:25:03 PM
Rank: Chief
Joined: 1/13/2011
Posts: 5,964
BBK & SCBK are two stocks I would've loved to short-sell!!
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githundi
#18
Posted :
Wednesday, August 03, 2011 2:20:16 PM
Rank: Veteran
Joined: 11/19/2010
Posts: 1,308
Location: nairobi metropolitan
My advise to those have either BBK or SCBK; sell and buy stocks with more upside potential.
Democracy does not belong to the dead
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Gordon Gekko
#19
Posted :
Wednesday, August 03, 2011 2:32:57 PM
Rank: Elder
Joined: 5/27/2008
Posts: 3,760
githundi wrote:
My advise to those have either BBK or SCBK; sell and buy stocks with more upside potential.
It's past sell territory now. If holding, die with them till after elections.
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mkonomtupu
#20
Posted :
Wednesday, August 03, 2011 4:00:51 PM
Rank: Veteran
Joined: 2/10/2010
Posts: 1,001
Location: River Road
they should shed off that elitist tag or they will just fade, the business dynamics are changing so fast with new entrepreneurs emerging and stories like how they pursued and sold matiba's assets don't help them either
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