wazua Mon, Mar 30, 2026
Welcome Guest Search | Active Topics | Log In

6 Pages<12345>»
KCBGroup reports H1 PBT 2013 +19%
Options
Previous Topic · Next Topic
maka
#21 Posted : Thursday, August 29, 2013 7:29:45 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
guru267 wrote:
Jigga wrote:
kripp wrote:
I have always wondered why in this age of IT our banks require two months or more to release their financial results?

I believe that all financial institutions especially banks "reconcile" their affairs fully at the end of each busines day and for the external audit, the half-year exercise is only a limited review and not a full audit, an exercise than can be completed within a week.

So why are financial institutions in Kenya unable to release their results within 30 days of the reporting date?

Then the dividends (if you are lucky) are released a whole six months after the reporting date yet these are cash-rich enterprises!

Shareholders deserve better.


IT savvyness doesn't really much influence release dates. I think its more of a business/board of directors prerogative and CMA rules. Some boards deliberately delay release when they either want to 'play' the market or heighten anxiety especially when expecting good result. There is a chance of marginal gains depending on how well they play the market. IMHO


Its disgusting whenever I see directors playing the market!

There is more room for peeps to be played..
possunt quia posse videntur
Back to top
  |
the deal
#22 Posted : Thursday, August 29, 2013 8:44:48 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
This banks loan book is starting to look like for a shylock...
Back to top
  |
Angelica _ann
#23 Posted : Thursday, August 29, 2013 8:51:59 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
the deal wrote:
This banks loan book is starting to look like for a shylock...


what do you mean, lay terms?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top
  |
mwekez@ji
#24 Posted : Thursday, August 29, 2013 10:22:59 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
the deal wrote:
This banks loan book is starting to look like for a shylock...


How now? NIM is 10.7% (Was 10.9% in Dec12)
Back to top
  |
guru267
#25 Posted : Thursday, August 29, 2013 10:25:03 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
mwekez@ji wrote:
the deal wrote:
This banks loan book is starting to look like for a shylock...


How now? NIM is 10.7% (Was 10.9% in Dec12)


Let the haters hate...
@the deal If you don't have anything nice to say don't say anything at all!
Mark 12:29
Deuteronomy 4:16
Back to top
  |
Cde Monomotapa
#26 Posted : Thursday, August 29, 2013 10:31:55 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Some of these alleged contrarian bloggers, investors and analysts have either deep seated biases or are just slipping.

Where is the KCB coverage? Even a mention of its summary performance on a tweet or FB is missing. By now, some of them would have show cased opportunities on their home bourses for us to consider but... Shame on you Sad Sad
Back to top
  | | Edit by user: Thursday, August 29, 2013 10:36 PM | Reason: Smh...
sparkly
#27 Posted : Thursday, August 29, 2013 10:56:45 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
ROAR. Lots of room for profit growth by improving efficiency and utilizing assets better.
Life is short. Live passionately.
Back to top
  |
mwekez@ji
#28 Posted : Thursday, August 29, 2013 11:22:59 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Back to top
  |
Realtreaty
#29 Posted : Friday, August 30, 2013 1:36:06 AM
Rank: Elder

Joined: 8/16/2011
Posts: 2,388
Quite nauseating to wait 6 months after release of the results to get DVDs. What does CMA rule advocate? Or are they asleep? Kenol Kobil was one of the best party that used ti inform when they were to release their results and paid DVDs if any within immediately or within 30-35 days.
Safcom and Sameer are the worst. They bank our DVD and eat the interest!
Back to top
  |
hisah
#30 Posted : Friday, August 30, 2013 6:11:37 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
The Merchant wrote:
dunkang wrote:
hisah wrote:
dunkang wrote:
Jigga wrote:
Quite impressive performance by the lion. waiting for the share to hit Ksh50!!

If this Syria issue lasts longer, the share prices might stagnate or tank. Or what do you think?

Let the market tank so that quality stocks become cheaper for better buy entry prices (fat discounts) smile


I welcome that too!

Would you mind explaining why this Syria thing is affecting Kenyan bourse, since its truely affecting it? Just Why?

Because in times of CRISIS such as this, investors flee to safe (read USD denominated) assets and exit riskier assets such as emerging markets, commodities and EM currencies. I am actually surprised that the Kenyan market has held up very well so far.

@merchant - FDI is the saving grace for KE plus eurobond matters. Otherwise with that current account deficit with current geopolitical mood, KES would have gotten a proof shaving again.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  | | Edit by user: Friday, August 30, 2013 6:13 AM | Reason: Not specified
6 Pages<12345>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.