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CFC Stanbic Bank's splendid Q1 2013

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mwekez@ji		#41 Posted : Saturday, June 22, 2013 11:25:05 AM
Rank: Chief Joined: 5/31/2011 Posts: 5,121		mibbz wrote: up coming capital raising;perhaps another rights issue? do they have the thresholds required? http://www.businessdailyafrica....1/-/tyx1yhz/-/index.html They do have the thresholds required. As at March 2013, Core capital/ total deposit liabilities; 19.2% Minimum Statutory Ratio; 8% Excess; 11.2% Core capital/ total risk weighted assets; 16.5% Minimum Statutory Ratio; 10.5% Excess; 6% Total capital/ total risk weighted assets; 20.7% Minimum Statutory Ratio; 14.5% Excess; 6.2% Liquidity Ratio; 46.3% Minimum Statutory Ratio; 20% Excess; 26.3% http://www.cfcstanbicbank.co.ke...itResults31March2013.pdf
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guru267		#42 Posted : Sunday, June 23, 2013 2:47:50 AM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		mwekez@ji wrote: mibbz wrote: up coming capital raising;perhaps another rights issue? do they have the thresholds required? http://www.businessdailyafrica....1/-/tyx1yhz/-/index.html They do have the thresholds required. As at March 2013, Core capital/ total deposit liabilities; 19.2% Minimum Statutory Ratio; 8% Excess; 11.2% Core capital/ total risk weighted assets; 16.5% Minimum Statutory Ratio; 10.5% Excess; 6% Total capital/ total risk weighted assets; 20.7% Minimum Statutory Ratio; 14.5% Excess; 6.2% Liquidity Ratio; 46.3% Minimum Statutory Ratio; 20% Excess; 26.3% http://www.cfcstanbicbank.co.ke...itResults31March2013.pdf One then can only wonder why management cannot pay a meaningful dividend?! Mark 12:29 Deuteronomy 4:16
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mwekez@ji		#43 Posted : Sunday, June 23, 2013 2:55:31 AM
Rank: Chief Joined: 5/31/2011 Posts: 5,121		guru267 wrote: mwekez@ji wrote: mibbz wrote: up coming capital raising;perhaps another rights issue? do they have the thresholds required? http://www.businessdailyafrica....1/-/tyx1yhz/-/index.html They do have the thresholds required. As at March 2013, Core capital/ total deposit liabilities; 19.2% Minimum Statutory Ratio; 8% Excess; 11.2% Core capital/ total risk weighted assets; 16.5% Minimum Statutory Ratio; 10.5% Excess; 6% Total capital/ total risk weighted assets; 20.7% Minimum Statutory Ratio; 14.5% Excess; 6.2% Liquidity Ratio; 46.3% Minimum Statutory Ratio; 20% Excess; 26.3% http://www.cfcstanbicbank.co.ke...itResults31March2013.pdf One then can only wonder why management cannot pay a meaningful dividend?! Its a growth stock! Retained earnings powering the sky-scraping growth!!
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Pesa Nane		#44 Posted : Sunday, June 23, 2013 5:42:34 PM
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c		mwekez@ji wrote: guru267 wrote: mwekez@ji wrote: mibbz wrote: up coming capital raising;perhaps another rights issue? do they have the thresholds required? http://www.businessdailyafrica....1/-/tyx1yhz/-/index.html They do have the thresholds required. As at March 2013, Core capital/ total deposit liabilities; 19.2% Minimum Statutory Ratio; 8% Excess; 11.2% Core capital/ total risk weighted assets; 16.5% Minimum Statutory Ratio; 10.5% Excess; 6% Total capital/ total risk weighted assets; 20.7% Minimum Statutory Ratio; 14.5% Excess; 6.2% Liquidity Ratio; 46.3% Minimum Statutory Ratio; 20% Excess; 26.3% http://www.cfcstanbicbank.co.ke...itResults31March2013.pdf One then can only wonder why management cannot pay a meaningful dividend?! Its a growth stock! Retained earnings powering the sky-scraping growth!! With retained earnings, who needs a rights issue? just asking as I hold a couple of them. Pesa Nane plans to be shilingi when he grows up.
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Aguytrying		#45 Posted : Sunday, June 23, 2013 8:52:42 PM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		[quote=mibbz]up coming capital raising;perhaps another rights issue? do they have the thresholds required? http://www.businessdaily.../-/tyx1yhz/-/index.html[/quote] id wait for official communique, these biz daily guys can mess u up. rem kengen The investor's chief problem - and even his worst enemy - is likely to be himself
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Aguytrying		#46 Posted : Sunday, June 23, 2013 8:55:56 PM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		[quote=mibbz]up coming capital raising;perhaps another rights issue? do they have the thresholds required? http://www.businessdaily.../-/tyx1yhz/-/index.html[/quote] id wait for official communique, these biz daily guys can mess u up. rem kengen The investor's chief problem - and even his worst enemy - is likely to be himself
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guru267		#47 Posted : Sunday, June 23, 2013 10:55:30 PM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		Pesa Nane wrote: mwekez@ji wrote: guru267 wrote: mwekez@ji wrote: mibbz wrote: up coming capital raising;perhaps another rights issue? do they have the thresholds required? http://www.businessdailyafrica....1/-/tyx1yhz/-/index.html They do have the thresholds required. As at March 2013, Core capital/ total deposit liabilities; 19.2% Minimum Statutory Ratio; 8% Excess; 11.2% Core capital/ total risk weighted assets; 16.5% Minimum Statutory Ratio; 10.5% Excess; 6% Total capital/ total risk weighted assets; 20.7% Minimum Statutory Ratio; 14.5% Excess; 6.2% Liquidity Ratio; 46.3% Minimum Statutory Ratio; 20% Excess; 26.3% http://www.cfcstanbicbank.co.ke...itResults31March2013.pdf One then can only wonder why management cannot pay a meaningful dividend?! Its a growth stock! Retained earnings powering the sky-scraping growth!! With retained earnings, who needs a rights issue? just asking as I hold a couple of them. This was my question... If they have capital ratios in excess then why not pay out a meaningful dividend in the last 5years!! Something doesn't add up...g Mark 12:29 Deuteronomy 4:16
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mwekez@ji		#48 Posted : Monday, June 24, 2013 9:37:48 AM
Rank: Chief Joined: 5/31/2011 Posts: 5,121		guru267 wrote: Pesa Nane wrote: mwekez@ji wrote: guru267 wrote: mwekez@ji wrote: mibbz wrote: up coming capital raising;perhaps another rights issue? do they have the thresholds required? http://www.businessdailyafrica....1/-/tyx1yhz/-/index.html They do have the thresholds required. As at March 2013, Core capital/ total deposit liabilities; 19.2% Minimum Statutory Ratio; 8% Excess; 11.2% Core capital/ total risk weighted assets; 16.5% Minimum Statutory Ratio; 10.5% Excess; 6% Total capital/ total risk weighted assets; 20.7% Minimum Statutory Ratio; 14.5% Excess; 6.2% Liquidity Ratio; 46.3% Minimum Statutory Ratio; 20% Excess; 26.3% http://www.cfcstanbicbank.co.ke...itResults31March2013.pdf One then can only wonder why management cannot pay a meaningful dividend?! Its a growth stock! Retained earnings powering the sky-scraping growth!! With retained earnings, who needs a rights issue? just asking as I hold a couple of them. This was my question... If they have capital ratios in excess then why not pay out a meaningful dividend in the last 5years!! Something doesn't add up...g This is currently the fastest growing bank in the country. It needs lots of fuel (capital) to maintain the speed. Look at the financial statements and you will most likely ask a bonus issue for corporate action and let the bank keep the speed ahead.
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VituVingiSana		#49 Posted : Monday, June 24, 2013 10:32:05 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi		Berkshire Hathaway despite sterling performances over the years & loads of cash in the bank has not paid a dividend in decades, not split its shares [there is more to this but it can be read up on], given bonuses, etc ... and it is doing a-OK... Dividends are NOT a necessary sign of a 'strong firm' but they are not all bad either. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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mwekez@ji		#50 Posted : Monday, June 24, 2013 10:39:06 AM
Rank: Chief Joined: 5/31/2011 Posts: 5,121		VituVingiSana wrote: Berkshire Hathaway despite sterling performances over the years & loads of cash in the bank has not paid a dividend in decades, not split its shares [there is more to this but it can be read up on], given bonuses, etc ... and it is doing a-OK... Dividends are NOT a necessary sign of a 'strong firm' but they are not all bad either. #WORD cc @guru
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