wazua Fri, Mar 20, 2026
Welcome Guest Search | Active Topics | Log In

6 Pages123>»
Cfc Stanbic Kenya FY 2015 Profit drops by 14%
Options
Previous Topic · Next Topic
Ericsson
#1 Posted : Wednesday, March 02, 2016 8:16:46 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Cfc Stanbic Kenya FY 2015 Profit drops by 14% to Kshs 4.9 Billion Dividend 5.40 Per share
Profit before tax drops from ksh.7.7bn to 7.35bn
Profit after tax at sh.4.905bn from 5.686bn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
Aguytrying
#2 Posted : Wednesday, March 02, 2016 8:49:29 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Ericsson wrote:
Cfc Stanbic Kenya FY 2015 Profit drops by 14% to Kshs 4.9 Billion Dividend 5.40 Per share
Profit before tax drops from ksh.7.7bn to 7.35bn
Profit after tax at sh.4.905bn from 5.686bn


Nice dividend
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
  |
sparkly
#3 Posted : Wednesday, March 02, 2016 9:14:29 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Aguytrying wrote:
Ericsson wrote:
Cfc Stanbic Kenya FY 2015 Profit drops by 14% to Kshs 4.9 Billion Dividend 5.40 Per share
Profit before tax drops from ksh.7.7bn to 7.35bn
Profit after tax at sh.4.905bn from 5.686bn


Nice dividend


Good performance. I had expected a bigger drop.
Life is short. Live passionately.
Back to top
  |
mlennyma
#4 Posted : Wednesday, March 02, 2016 9:33:47 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
sparkly wrote:
Aguytrying wrote:
Ericsson wrote:
Cfc Stanbic Kenya FY 2015 Profit drops by 14% to Kshs 4.9 Billion Dividend 5.40 Per share
Profit before tax drops from ksh.7.7bn to 7.35bn
Profit after tax at sh.4.905bn from 5.686bn


Nice dividend


Good performance. I had expected a bigger drop.

me too ,they weathered the storm well
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
  |
kryptonite
#5 Posted : Thursday, March 03, 2016 8:04:28 AM
Rank: Member

Joined: 2/1/2010
Posts: 272
Location: Nairobi
Ericsson wrote:
Cfc Stanbic Kenya FY 2015 Profit drops by 14% to Kshs 4.9 Billion Dividend 5.40 Per share
Profit before tax drops from ksh.7.7bn to 7.35bn
Profit after tax at sh.4.905bn from 5.686bn


Not so bad! I was ready for the worst.
Surprised at the dividend payout as well.
The harder you work, the luckier you get
Back to top
  |
delllatitude
#6 Posted : Thursday, March 03, 2016 9:55:58 AM
Rank: New-farer

Joined: 8/29/2010
Posts: 11
Business has not been the same for them in SS since a little known bank poached all their business and key staff. CFC might follow the same route as EABLi
Back to top
  |
mugo2of3
#7 Posted : Thursday, March 03, 2016 10:36:24 AM
Rank: New-farer

Joined: 5/22/2014
Posts: 78
I have watched the NSE for a while and especially the Bank Stocks and I cannot help but agree that exchanges are at times driven by sentiment as opposed to figures.

When the CFC CEO quit a while ago, everyone thought it was a sign of things to come and the market resorted to competition for NIC, Equity.
Good solid stocks like KCB stagnated and CFC even touched 71/- at one point.

IMO, even in the current bear run CFC is way under-valued. Despite the 14% drop it has a high PE and a consistently good Dividend Yield at the top end of the market.

The massive foreign (South African) shareholding of around 78% might also be playing a part on the sentiments surrounding this particular counter.
Back to top
  | | Edit by user: Thursday, March 03, 2016 10:38 AM | Reason: Not specified
VituVingiSana
#8 Posted : Thursday, March 03, 2016 12:39:57 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Surprisingly good results when one considers the drama faced by KCB [KES 6.1bn translation loss] in SS. Now let's see what Equity does.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
lochaz-index
#9 Posted : Thursday, March 03, 2016 3:58:11 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
VituVingiSana wrote:
Surprisingly good results when one considers the drama faced by KCB [KES 6.1bn translation loss] in SS. Now let's see what Equity does.


Plus a jumbo spike in NPL's looks to be the norm for the banking sector led by Kcb...50% to be precise.
The main purpose of the stock market is to make fools of as many people as possible.
Back to top
  |
obiero
#10 Posted : Thursday, March 03, 2016 8:23:48 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
if u know whats good for you, stay away from this one. thank me later

KQ ABP 4.26
Back to top
WWW
  |
6 Pages123>»
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.