The Group’s before tax profit grew to Kshs 1.48 billion, up from Kshs 907 million posted in a similar period in 2012.

After tax profit grew to Kshs 995.19 million up from Kshs 743.33 million.

@Housing_Finance

Final Div 1.00. Fully Year Dividend of 1.75.


Nice...

This is what it takes to bring you back. show me the money

Loans and advances yoy up 16%
Customer deposits yoy up 15.9%
Total interest income 5.4B vs 5.06B
Interest paid on customer deposits 1.6B vs 2.29B in 2012.
Loan loss provision 280m vs 197m;Net NPLs up by 41%!
EPS up to 4.31 from 3.22

At current price a dividend yield of 2.9% wacha ikae

deep down i know you may be right. Me thinks this combination of FED tapering and upcoming Euro bond uncertainty is messing us up big time.

Or or. Selling of the 2 year rally. From 2012. they(foreigners) started it, when everyone was scared of elections, they can cash in and end it. then come back at soberer prices....

Please @hisah explain to me like a 5 year old. Why for the first time in almost 2 years, starting december foreigners are net sellers going to two months now.

Frontier markets like NSE lack liquidity-no one to sell to. Most of the investment for the foreigners is done through frontier market funds. If the fund holders start exiting you have to make immediate big sell offs and because of the lack of liquidity you have to do fire sale hurting the portfolio. So if the tapering picks up its better to start an early exit to avoid fire sale. Getting into frontier markets is easy but finding the exit is where the rubber meets the road

Very nice