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CFC FY2014 results PBT up 7% (lacklustre)
Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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@Angelica i read somewhere you were almost triple and  not to be caught ogf guard. how is the going?  Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Member Joined: 6/14/2010 Posts: 521 Location: Nairobi
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With a half year PAT growth of 52% , I just can't understand the meagre 11% growth in full year.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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 lets hope mr.market will understand because if he doesn't like you we gona get a beating "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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mlennyma wrote:Gatheuzi wrote:Wait for a haircut. could this be the reason why other banks who are quick to report have stayed quiet?? In a few years to come, negative growth for a number of banks will be the norm. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Gatheuzi wrote:mlennyma wrote:Gatheuzi wrote:Wait for a haircut. could this be the reason why other banks who are quick to report have stayed quiet?? In a few years to come, negative growth for a number of banks will be the norm. I concur. There has been a lot of pressure on banks by shareholders/investors to report super profits. Banks have expanded rapidly using ANY possible means. The available options are getting fewer by day and now as you say....flat or minimal growth is looming; a correction. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Gatheuzi wrote:mlennyma wrote:Gatheuzi wrote:Wait for a haircut. could this be the reason why other banks who are quick to report have stayed quiet?? In a few years to come, negative growth for a number of banks will be the norm. true and cfc has given a sign of leading them "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Mkt opens with panic selling #sisikwisha Pesa Nane plans to be shilingi when he grows up.
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Pesa Nane wrote:Mkt opens with panic selling #sisikwisha tell @ Angelica...she must be among the sellers with nothing to loose even @ 120 Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Member Joined: 7/2/2014 Posts: 123
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Pesa Nane wrote:Mkt opens with panic selling #sisikwisha I'm wondering why and they didn't post a loss. actually dividend is higher this year. demand slowly piling up though ,
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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Pesa Nane wrote:Mkt opens with panic selling #sisikwisha Saving grace DPS of KES.5.2 otherwise it would be a different story. @SufficientlyP
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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ike wrote:Pesa Nane wrote:Mkt opens with panic selling #sisikwisha I'm wondering why and they didn't post a loss. actually dividend is higher this year. demand slowly piling up though Expectations were atleast 40% growth in PBT. Now 9% is below average. It should have done better than that. @SufficientlyP
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Rank: New-farer Joined: 1/23/2015 Posts: 16 Location: mtandao
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Sufficiently Philanga....thropic wrote:ike wrote:Pesa Nane wrote:Mkt opens with panic selling #sisikwisha I'm wondering why and they didn't post a loss. actually dividend is higher this year. demand slowly piling up though Expectations were atleast 40% growth in PBT. Now 9% is below average. It should have done better than that. EPS +10.9% ROE 16.41% P/B 1.49 NET MARGIN 34% ROA 3.15% DPS 0.95+5.2=6.15 PE 9.66 (at 139) Compounding
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Rank: Elder Joined: 9/15/2006 Posts: 3,905
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growing wrote:EPS +10.9%
ROE 16.41%
P/B 1.49
NET MARGIN 34%
ROA 3.15%
DPS 0.95+5.2=6.15
PE 9.66 (at 139) Aly-Khan Satchu's conclusions:
Actually, I met Greg Breckenbridge just as he left the Office and he mentioned that South Sudan crimped Full Year Earnings.
Single Digit P/E - evidently played a defensive game in some ways in 2014 going by the Balance sheet which closed the Year +0.2698% Year on Year.
Lots of bench strength and I think it remains an attractive share.
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Rank: Member Joined: 7/2/2014 Posts: 123
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muganda wrote:growing wrote:EPS +10.9%
ROE 16.41%
P/B 1.49
NET MARGIN 34%
ROA 3.15%
DPS 0.95+5.2=6.15
PE 9.66 (at 139) Aly-Khan Satchu's conclusions:
Actually, I met Greg Breckenbridge just as he left the Office and he mentioned that South Sudan crimped Full Year Earnings.
Single Digit P/E - evidently played a defensive game in some ways in 2014 going by the Balance sheet which closed the Year +0.2698% Year on Year.
Lots of bench strength and I think it remains an attractive share. is equity in south Sudan? ,
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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@ike Equity and coop bank wako huko wote Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 7/2/2014 Posts: 123
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Ericsson wrote:@ike
Equity and coop bank wako huko wote kcb has tried to capitalize on local government transactions ,
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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muganda wrote:growing wrote:EPS +10.9%
ROE 16.41%
P/B 1.49
NET MARGIN 34%
ROA 3.15%
DPS 0.95+5.2=6.15
PE 9.66 (at 139) Aly-Khan Satchu's conclusions:
Actually, I met Greg Breckenbridge just as he left the Office and he mentioned that South Sudan crimped Full Year Earnings.
Single Digit P/E - evidently played a defensive game in some ways in 2014 going by the Balance sheet which closed the Year +0.2698% Year on Year.
Lots of bench strength and I think it remains an attractive share. Mr. Optimistic
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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D&B Commentary Quote:
Our Overview
South Sudan business impacted the general performance,
despite a 9 percent contribution in the overall business. This remains a key risk for the business.
Competition within the Kenyan Banking sector has weighed down on growth for CFC Stanbic in 2014. We expect a more stable performance in Q1 2015, hinged on improved efficiencies and cost management.
We remain bullish on the Personal Business Banking line, where we expect faster growth in both interest and non-interest income lines, while keeping operating expenses low.
The bank’s topline remains very attractive, with a well diversified book in funded and non-funded income. We however expect a further acceleration in growth of the non-interest income driven by increased use of the mobile and internet banking platforms and the introduction of bancassurance agency.
Up to four new branches are set to be opened in Nairobi and Kenyan coast region. This will further widen the personal and business banking customer base.
#positive outlook Pesa Nane plans to be shilingi when he grows up.
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Rank: Member Joined: 3/15/2009 Posts: 360
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how comes cfc is unable to attract deposits, deposits barely grew. KCB grew them almost 20%
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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shocks wrote:how comes cfc is unable to attract deposits, deposits barely grew. KCB grew them almost 20% branch network, agency banking and I think majority of the masses consider cfc as a high class citizen bank "Don't let the fear of losing be greater than the excitement of winning."
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CFC FY2014 results PBT up 7% (lacklustre)
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