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Cfc Stanbic Kenya FY 2015 Profit drops by 14%
Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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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
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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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
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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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.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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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."
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Rank: Member Joined: 2/1/2010 Posts: 272 Location: Nairobi
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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
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Rank: New-farer Joined: 8/29/2010 Posts: 11
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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
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Rank: New-farer Joined: 5/22/2014 Posts: 78
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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.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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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
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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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.
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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if u know whats good for you, stay away from this one. thank me later
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 10/7/2010 Posts: 251 Location: nairobi
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obiero wrote:if u know whats good for you, stay away from this one. thank me later Like getting high blood pressure due to a sweet dividend or growth in price
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:if u know whats good for you, stay away from this one. thank me later @Obiero you are simply unbelievable. Asking people to stay away from CFC with at 80/= with PE 6.7, DY 7.6% and Shareholders Equity KShs 36B. At the same time telling people to buy KQ? Life is short. Live passionately.
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Rank: New-farer Joined: 5/22/2014 Posts: 78
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sparkly wrote:obiero wrote:if u know whats good for you, stay away from this one. thank me later @Obiero you are simply unbelievable. Asking people to stay away from CFC with at 80/= with PE 6.7, DY 7.6% and Shareholders Equity KShs 36B. At the same time telling people to buy KQ? I also fail to understand this kind of advice. Wazua is a sharing platform, if you are privy to something that we are not aware of kindly be forthcoming...
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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mugo2of3 wrote:sparkly wrote:obiero wrote:if u know whats good for you, stay away from this one. thank me later @Obiero you are simply unbelievable. Asking people to stay away from CFC with at 80/= with PE 6.7, DY 7.6% and Shareholders Equity KShs 36B. At the same time telling people to buy KQ? I also fail to understand this kind of advice. Wazua is a sharing platform, if you are privy to something that we are not aware of kindly be forthcoming... I have advised no one to buy KQ. I actually sold my KQ in bulk early this year.. I js put info on the table, its anyone here to choose whether to eat or not
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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obiero wrote:mugo2of3 wrote:sparkly wrote:obiero wrote:if u know whats good for you, stay away from this one. thank me later @Obiero you are simply unbelievable. Asking people to stay away from CFC with at 80/= with PE 6.7, DY 7.6% and Shareholders Equity KShs 36B. At the same time telling people to buy KQ? I also fail to understand this kind of advice. Wazua is a sharing platform, if you are privy to something that we are not aware of kindly be forthcoming... I have advised no one to buy KQ. I actually sold my KQ in bulk early this year.. I js put info on the table, its anyone here to choose whether to eat or not Stop besmirching @Obiero's name. We know how close Obiero is to the top and we should listen. And when @Obiero buys KQ, @VVS shall follow. @VVS shall sell all his KK and go all in with @Obiero on KQ. @VVS shall dine with @Obiero in Business Class on KQ. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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 Pesa Nane plans to be shilingi when he grows up.
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Rank: Member Joined: 5/14/2014 Posts: 288 Location: nairobi
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have they paid the dividends? I find satisfaction in owning great business,not trading them
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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target1360 wrote:have they paid the dividends? CFC paid up on 04 July 16 Pesa Nane plans to be shilingi when he grows up.
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Rank: Hello Joined: 7/13/2016 Posts: 2 Location: usa
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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 Pesa Nane plans to be shilingi when he grows up.
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