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KCB FY 2013 profit before tax up 17%
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Ericsson
#21 Posted : Thursday, February 27, 2014 1:30:04 PM
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Website is down/unreachable
Wealth is built through a relatively simple equation
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VituVingiSana
#22 Posted : Thursday, February 27, 2014 1:31:05 PM
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Joined: 1/3/2007
Posts: 18,124
Location: Nairobi
mkonomtupu wrote:
Dividend yield of 4.4% at current price of45/-, it's like putting money in a bank account
Not if one is borrowing at 18%
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mkonomtupu
#23 Posted : Thursday, February 27, 2014 1:32:23 PM
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Joined: 2/10/2010
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Ericsson wrote:
@mkonomtupu;hw many companies have a yield of more than 5.
they are less than 5


Then I think its time to cut back on equity and start looking at bonds
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mkonomtupu
#24 Posted : Thursday, February 27, 2014 1:37:32 PM
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VituVingiSana wrote:
mkonomtupu wrote:
Dividend yield of 4.4% at current price of45/-, it's like putting money in a bank account
Not if one is borrowing at 18%


That's why i'm staying put in the money market 9-10% yield and the capital is preserved...only eurobond will smoke me out
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the deal
#25 Posted : Thursday, February 27, 2014 1:54:13 PM
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Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
muganda wrote:
So the controversy brewing online, KCB chose to frown on CBK's demanding NPL provisions as they were more stringent than IFRS and may have resulted in a 4.3bn charge to Profit & Loss, making a tidy picture less rosy.

So on this slide in the presentation, they went to great lengths to explain how they are moving the provision to the balance sheet Statuory Loan Reserve, instead of the profit-loss statement.



Comment by former CEO of SBG Securities

When times are tough..employ some accounting wizardry to beat your opponent Laughing out loudly Laughing out loudly Laughing out loudly
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Ericsson
#26 Posted : Thursday, February 27, 2014 2:04:48 PM
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Is Equity Bank announcing the FY2013 results today at 3pm
Wealth is built through a relatively simple equation
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Aguytrying
#27 Posted : Thursday, February 27, 2014 2:07:36 PM
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Joined: 7/11/2010
Posts: 5,040
Why is everyone ignoring south sudan effects on KCB, KCB should at the very least mention the effect (amounts of assets and effect on future growth) on the business.

Good results though.
The investor's chief problem - and even his worst enemy - is likely to be himself
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jerry
#28 Posted : Thursday, February 27, 2014 2:10:08 PM
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mkonomtupu wrote:
Ericsson wrote:
@mkonomtupu;hw many companies have a yield of more than 5.
they are less than 5


Then I think its time to cut back on equity and start looking at bonds

What about capital gains! Do we have as much excitement in bonds?
The opposite of courage is not cowardice, it's conformity.
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guru267
#29 Posted : Thursday, February 27, 2014 4:50:03 PM
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Aguytrying wrote:
Why is everyone ignoring south sudan effects on KCB, KCB should at the very least mention the effect (amounts of assets and effect on future growth) on the business.

Good results though.


There was no effect from South Sudan!
Mark 12:29
Deuteronomy 4:16
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Jamani
#30 Posted : Friday, February 28, 2014 9:25:45 AM
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Joined: 9/12/2006
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Kenya Commercial Bank gives bonus to shareholders after 17 pc profit jump
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FUNKY
#31 Posted : Friday, February 28, 2014 9:29:44 AM
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Jamani wrote:
Kenya Commercial Bank gives bonus to shareholders after 17 pc profit jump


LINK??
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Jamani
#32 Posted : Friday, February 28, 2014 10:00:03 AM
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Kenya Commercial Bank gives bonus to shareholders after 17 pc profit jump
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Jamani
#33 Posted : Friday, February 28, 2014 10:02:24 AM
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Joined: 9/12/2006
Posts: 1,554
FUNKY wrote:
[quote=Jamani]Kenya Commercial Bank gives bonus to shareholders after 17 pc profit jump


LINK??[/]
http://www.standardmedia...after-17-pc-profit-jump

Ridiculous reporting By James Anyanzwa
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kryptonite
#34 Posted : Friday, February 28, 2014 10:31:18 AM
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Joined: 2/1/2010
Posts: 272
Location: Nairobi
Jamani wrote:
FUNKY wrote:
[quote=Jamani]Kenya Commercial Bank gives bonus to shareholders after 17 pc profit jump


LINK??[/]
http://www.standardmedia...after-17-pc-profit-jump

Ridiculous reporting By James Anyanzwa


The Stranded newspaper kweli. How did that get past all the editors?
The harder you work, the luckier you get
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FUNKY
#35 Posted : Friday, February 28, 2014 11:04:12 AM
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Posts: 1,635
kryptonite wrote:
Jamani wrote:
FUNKY wrote:
[quote=Jamani]Kenya Commercial Bank gives bonus to shareholders after 17 pc profit jump


LINK??[/]
http://www.standardmedia...after-17-pc-profit-jump

Ridiculous reporting By James Anyanzwa


The Stranded newspaper kweli. How did that get past all the editors?


Substandard newspaper!! I pity those investors who maybe buying KCB today after reading this article.
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VituVingiSana
#36 Posted : Friday, March 14, 2014 10:14:48 AM
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Joined: 1/3/2007
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Location: Nairobi
http://www.nation.co.ke/.../-/e3nlslz/-/index.html

KCB taps Barclays executive to rein in on bad loans

Bad Loans, Bad Loans. Whatcha you gonna do?
http://www.youtube.com/w...WKe7IJEE&feature=kp
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Sufficiently Philanga....thropic
#37 Posted : Friday, March 14, 2014 11:24:54 AM
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Joined: 9/23/2010
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Location: Sundowner,Amboseli
VituVingiSana wrote:
http://www.nation.co.ke/business/KCB-taps-Barclays-executive-to-reign-in-on-bad-loans/-/996/2242288/-/e3nlslz/-/index.html

KCB taps Barclays executive to rein in on bad loans

Bad Loans, Bad Loans. Whatcha you gonna do?
http://www.youtube.com/watch?v=vSWWKe7IJEE&feature=kp

@SufficientlyP
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erifloss
#38 Posted : Friday, March 14, 2014 11:40:45 AM
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Joined: 6/21/2010
Posts: 514
Location: Nairobi
Sufficiently Philanga....thropic wrote:
VituVingiSana wrote:
http://www.nation.co.ke/business/KCB-taps-Barclays-executive-to-reign-in-on-bad-loans/-/996/2242288/-/e3nlslz/-/index.html

KCB taps Barclays executive to rein in on bad loans

Bad Loans, Bad Loans. Whatcha you gonna do?
http://www.youtube.com/watch?v=vSWWKe7IJEE&feature=kp


They did this way back. They've actually been strengthening their mid level management for sometime.
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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Ericsson
#39 Posted : Monday, March 24, 2014 4:48:51 PM
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Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
KCB back to normal operations in South Sudan and working to restore CMC motors back to its feet.

http://www.businessdaily...2/-/wgv55tz/-/index.html
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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