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NBK 1H 2013 PBT lag at 3.5%
mwekez@ji
#1 Posted : Tuesday, August 06, 2013 2:29:45 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
mwekez@ji
#2 Posted : Tuesday, August 06, 2013 2:33:52 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
mwekez@ji
#3 Posted : Tuesday, August 06, 2013 10:49:57 AM
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Joined: 5/31/2011
Posts: 5,121
NSE very slow in uploading copies of the released results #Shame
muganda
#4 Posted : Tuesday, August 06, 2013 11:02:12 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Indeed mwekez@ji. Another glass-half-full take on the results...
KulaRaha
#5 Posted : Tuesday, August 06, 2013 11:10:48 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
I wouldn't hold my breath on NBK...wait until those crazy staff costs kick in.
Business opportunities are like buses,there's always another one coming
mwekez@ji
#6 Posted : Tuesday, August 06, 2013 11:13:57 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
muganda wrote:
Indeed mwekez@ji. Another glass-half-full take on the results...


he he. they have a buy rating on nbk so they have to look at the "half full side"
mwekez@ji
#7 Posted : Tuesday, August 06, 2013 11:20:08 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
KulaRaha wrote:
I wouldn't hold my breath on NBK...wait until those crazy staff costs kick in.


They have been poaching senior staff from other banks like crazy. Will certainly impact the P&L
maka
#8 Posted : Tuesday, August 06, 2013 11:33:38 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
mwekez@ji wrote:
KulaRaha wrote:
I wouldn't hold my breath on NBK...wait until those crazy staff costs kick in.


They have been poaching senior staff from other banks like crazy. Will certainly impact the P&L


Know someone who got poached from BBK obviously negotiated the salo upwards...but isnt this a two edged sword...the new staff may bring better efficiency that might postively impact the bottom line...
possunt quia posse videntur
selah
#9 Posted : Tuesday, August 06, 2013 11:58:51 AM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
maka wrote:
mwekez@ji wrote:
KulaRaha wrote:
I wouldn't hold my breath on NBK...wait until those crazy staff costs kick in.


They have been poaching senior staff from other banks like crazy. Will certainly impact the P&L


Know someone who got poached from BBK obviously negotiated the salo upwards...but isnt this a two edged sword...the new staff may bring better efficiency that might postively impact the bottom line...


The high pay comes with its own expectations and responsibilities .... I think it would be foolish to pay people highly without somekind of targets to be met...which eventually shld contribute to the bottom line.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
KulaRaha
#10 Posted : Tuesday, August 06, 2013 12:14:43 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
selah wrote:
maka wrote:
mwekez@ji wrote:
KulaRaha wrote:
I wouldn't hold my breath on NBK...wait until those crazy staff costs kick in.


They have been poaching senior staff from other banks like crazy. Will certainly impact the P&L


Know someone who got poached from BBK obviously negotiated the salo upwards...but isnt this a two edged sword...the new staff may bring better efficiency that might postively impact the bottom line...


The high pay comes with its own expectations and responsibilities .... I think it would be foolish to pay people highly without somekind of targets to be met...which eventually shld contribute to the bottom line.


When you top-load your organisation with overpriced managers, yet the middle tier are still "civil servants". what improvements do you expect?

This should be fun to watch...remember one K-Rep Bank/ECB did the same a few years ago?
Business opportunities are like buses,there's always another one coming
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