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Exchange Bar: Results forecast
Rank: Elder Joined: 6/23/2009 Posts: 13,549 Location: nairobi
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sparkly wrote:obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:^PBT or PAT? It cannot be PAT Looks overly optimistic... rate cap. Larger banks reported increased refinance requests implying a larger book even with the reduced rates. Plus appraisal fee as well as credit risk insurance was introduced by all the tier 1 lenders in Q4. Previously, banks pegged FD rates on the Tbill, offering upto 21% early 2016 but now the most anyone can get as an FD rate is 70% of CBR; apart from smaller lenders who are desperate for liquidity. Finally, a silent exodus is in the offing from smaller to larger banks by all segments i.e retail, SME, corporate. We wait to see Sounds plausible. In other news Member has been busy with EazzyPay. Many outlets have pay with EazzyPay Till No In 2017, I foresee at least 7 bank closures and/or M&As
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:^PBT or PAT? It cannot be PAT Looks overly optimistic... rate cap. Larger banks reported increased refinance requests implying a larger book even with the reduced rates. Plus appraisal fee as well as credit risk insurance was introduced by all the tier 1 lenders in Q4. Previously, banks pegged FD rates on the Tbill, offering upto 21% early 2016 but now the most anyone can get as an FD rate is 70% of CBR; apart from smaller lenders who are desperate for liquidity. Finally, a silent exodus is in the offing from smaller to larger banks by all segments i.e retail, SME, corporate. We wait to see Sounds plausible. In other news Member has been busy with EazzyPay. Many outlets have pay with EazzyPay Till No In 2017, I foresee at least 7 bank closures and/or M&As Uncertainty is the word in banking. However, I still fail to get the source of your greater faith in tier 1 rallying on previous years performances as your earlier statements alludes to. For the anchor shareholders, their vision is long term, ie high dividend yield and wading away from predictors and finally wealth optimisation. Considering the current status in markets, a further flue and sneeze bout, gives them advantage to load at fatter discounted prices. So, why won't the same engineer an artificial turbulence for fatter discounts. What's more easy afterall, exciting the market to rally or viceversa and with all this fretting in the market air? Playing the market 2017. @obiero your signature really worries me. Madeni ni mob hii season  kuna watu payday yao is religiously Saturday, and knowing something about you,i feel you probably had an encounter. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 6/23/2009 Posts: 13,549 Location: nairobi
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muandiwambeu wrote:obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:^PBT or PAT? It cannot be PAT Looks overly optimistic... rate cap. Larger banks reported increased refinance requests implying a larger book even with the reduced rates. Plus appraisal fee as well as credit risk insurance was introduced by all the tier 1 lenders in Q4. Previously, banks pegged FD rates on the Tbill, offering upto 21% early 2016 but now the most anyone can get as an FD rate is 70% of CBR; apart from smaller lenders who are desperate for liquidity. Finally, a silent exodus is in the offing from smaller to larger banks by all segments i.e retail, SME, corporate. We wait to see Sounds plausible. In other news Member has been busy with EazzyPay. Many outlets have pay with EazzyPay Till No In 2017, I foresee at least 7 bank closures and/or M&As Uncertainty is the word in banking. However, I still fail to get the source of your greater faith in tier 1 rallying on previous years performances as your earlier statements alludes to. For the anchor shareholders, their vision is long term, ie high dividend yield and wading away from predictors and finally wealth optimisation. Considering the current status in markets, a further flue and sneeze bout, gives them advantage to load at fatter discounted prices. So, why won't the same engineer an artificial turbulence for fatter discounts. What's more easy afterall, exciting the market to rally or viceversa and with all this fretting in the market air? Playing the market 2017. @obiero your signature really worries me. Madeni ni mob hii season kuna watu payday yao is religiously Saturday, and knowing something about you,i feel you probably had an encounter. @muandiwambeu Tier 1 banks are benefitting from the flight to safety ala doubts on Chase, Imperial, Dubai, Family, NBK, HF..
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,549 Location: nairobi
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muandiwambeu wrote:obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:^PBT or PAT? It cannot be PAT Looks overly optimistic... rate cap. Larger banks reported increased refinance requests implying a larger book even with the reduced rates. Plus appraisal fee as well as credit risk insurance was introduced by all the tier 1 lenders in Q4. Previously, banks pegged FD rates on the Tbill, offering upto 21% early 2016 but now the most anyone can get as an FD rate is 70% of CBR; apart from smaller lenders who are desperate for liquidity. Finally, a silent exodus is in the offing from smaller to larger banks by all segments i.e retail, SME, corporate. We wait to see Sounds plausible. In other news Member has been busy with EazzyPay. Many outlets have pay with EazzyPay Till No In 2017, I foresee at least 7 bank closures and/or M&As Uncertainty is the word in banking. However, I still fail to get the source of your greater faith in tier 1 rallying on previous years performances as your earlier statements alludes to. For the anchor shareholders, their vision is long term, ie high dividend yield and wading away from predictors and finally wealth optimisation. Considering the current status in markets, a further flue and sneeze bout, gives them advantage to load at fatter discounted prices. So, why won't the same engineer an artificial turbulence for fatter discounts. What's more easy afterall, exciting the market to rally or viceversa and with all this fretting in the market air? Playing the market 2017. @obiero your signature really worries me. Madeni ni mob hii season kuna watu payday yao is religiously Saturday, and knowing something about you,i feel you probably had an encounter. @muandiwambeu Tier 1 banks are benefitting from the flight to safety ala doubts on Chase, Imperial, Dubai, Family, NBK, Sidian, Gulf, FCB.. All of the mentioned banks having effected significant staff cuts, abnormal NPL spikes, liquidity strain or in receivership http://www.businessdaily.../539550-3456564-159nlwg/
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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obiero wrote:muandiwambeu wrote:obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:obiero wrote:[quote=sparkly]^PBT or PAT? It cannot be PAT Looks overly optimistic... rate cap. Larger banks reported increased refinance requests implying a larger book even with the reduced rates. Plus appraisal fee as well as credit risk insurance was introduced by all the tier 1 lenders in Q4. Previously, banks pegged FD rates on the Tbill, offering upto 21% early 2016 but now the most anyone can get as an FD rate is 70% of CBR; apart from smaller lenders who are desperate for liquidity. Finally, a silent exodus is in the offing from smaller to larger banks by all segments i.e retail, SME, corporate. We wait to see Sounds plausible. In other news Member has been busy with EazzyPay. Many outlets have pay with EazzyPay Till No In 2017, I foresee at least 7 bank closures and/or M&As Uncertainty is the word in banking. However, I still fail to get the source of your greater faith in tier 1 rallying on previous years performances as your earlier statements alludes to. For the anchor shareholders, their vision is long term, ie high dividend yield and wading away from predictors and finally wealth optimisation. Considering the current status in markets, a further flue and sneeze bout, gives them advantage to load at fatter discounted prices. So, why won't the same engineer an artificial turbulence for fatter discounts. What's more easy afterall, exciting the market to rally or viceversa and with all this fretting in the market air? Playing the market 2017. @obiero your signature really worries me. Madeni ni mob hii season kuna watu payday yao is religiously Saturday, and knowing something about you,i feel you probably had an encounter. @muandiwambeu Tier 1 banks are benefitting from the flight to safety ala doubts on Chase, Imperial, Dubai, Family, NBK, Sidian, Gulf, FCB.. All of the mentioned banks having effected significant staff cuts, abnormal NPL spikes, liquidity strain or in receivership http://www.businessdaily...539550-3456564-159nlwg/[/quote] The writer is spot on @obiero, but candidly, he has not said it point blank, straight to your face that every bank nerve is raw, and the customers(bankers) are fence sitting weighing their options. A few banks have faced headwinds, but not as a result of mass migration/ bankran, an indication of indignation/ indecisiveness on the customers side. Thats a very tempest and delicate situation for the banks. One fuse off a bank and the bank won't know what hit it. So what do I read? 1. Excessive fear. Its like waking up high on hangover after Xmas escapades but u can't dare take a peep onto your empty wallet. 2. Uncertainty. Sooner or later the house of cards shall crumble. 3.turbulence. Banks unlike Sacco's and microfinance that have intertwined themselves into the social fabric, are corporate, cold, faceless, beuracratic and high on redtape. Disaster in its own kind. Mobile banking makes more sense than ATM's to the client a million times over in terms of security and social rating. Spending money has a social aspect that corporates are severly anemic on. 4. Systemic problem. Its all about traditions. Banks are a heck, life ruiners, cruel and undesirable to the progress of the society, a old adage for you. The epitome of JPMorgan's etc. Banking essentially is outdated, out of fashion and archaic. You get inconvenienced/(time and money) insecure while banking, get charged at the wish of the banker to spend your own banked chums, get roughed up and fined for not banking or withdrawing your own hard earned penys, and like if that's not enough you are clobbered to death to access a credit. Let's dine while it lasts, rates cap has just stirred the sector triggering action to cut deadwood anyway. Banking model is changing drastically not sparing even the mighty tier one banks. Buckle up for the rough ride ahead. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 6/23/2009 Posts: 13,549 Location: nairobi
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muandiwambeu wrote:obiero wrote:muandiwambeu wrote:obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:obiero wrote:[quote=sparkly]^PBT or PAT? It cannot be PAT Looks overly optimistic... rate cap. Larger banks reported increased refinance requests implying a larger book even with the reduced rates. Plus appraisal fee as well as credit risk insurance was introduced by all the tier 1 lenders in Q4. Previously, banks pegged FD rates on the Tbill, offering upto 21% early 2016 but now the most anyone can get as an FD rate is 70% of CBR; apart from smaller lenders who are desperate for liquidity. Finally, a silent exodus is in the offing from smaller to larger banks by all segments i.e retail, SME, corporate. We wait to see Sounds plausible. In other news Member has been busy with EazzyPay. Many outlets have pay with EazzyPay Till No In 2017, I foresee at least 7 bank closures and/or M&As Uncertainty is the word in banking. However, I still fail to get the source of your greater faith in tier 1 rallying on previous years performances as your earlier statements alludes to. For the anchor shareholders, their vision is long term, ie high dividend yield and wading away from predictors and finally wealth optimisation. Considering the current status in markets, a further flue and sneeze bout, gives them advantage to load at fatter discounted prices. So, why won't the same engineer an artificial turbulence for fatter discounts. What's more easy afterall, exciting the market to rally or viceversa and with all this fretting in the market air? Playing the market 2017. @obiero your signature really worries me. Madeni ni mob hii season kuna watu payday yao is religiously Saturday, and knowing something about you,i feel you probably had an encounter. @muandiwambeu Tier 1 banks are benefitting from the flight to safety ala doubts on Chase, Imperial, Dubai, Family, NBK, Sidian, Gulf, FCB.. All of the mentioned banks having effected significant staff cuts, abnormal NPL spikes, liquidity strain or in receivership http://www.businessdaily...539550-3456564-159nlwg/[/quote] The writer is spot on @obiero, but candidly, he has not said it point blank, straight to your face that every bank nerve is raw, and the customers(bankers) are fence sitting weighing their options. A few banks have faced headwinds, but not as a result of mass migration/ bankran, an indication of indignation/ indecisiveness on the customers side. Thats a very tempest and delicate situation for the banks. One fuse off a bank and the bank won't know what hit it. So what do I read? 1. Excessive fear. Its like waking up high on hangover after Xmas escapades but u can't dare take a peep onto your empty wallet. 2. Uncertainty. Sooner or later the house of cards shall crumble. 3.turbulence. Banks unlike Sacco's and microfinance that have intertwined themselves into the social fabric, are corporate, cold, faceless, beuracratic and high on redtape. Disaster in its own kind. Mobile banking makes more sense than ATM's to the client a million times over in terms of security and social rating. Spending money has a social aspect that corporates are severly anemic on. 4. Systemic problem. Its all about traditions. Banks are a heck, life ruiners, cruel and undesirable to the progress of the society, a old adage for you. The epitome of JPMorgan's etc. Banking essentially is outdated, out of fashion and archaic. You get inconvenienced/(time and money) insecure while banking, get charged at the wish of the banker to spend your own banked chums, get roughed up and fined for not banking or withdrawing your own hard earned penys, and like if that's not enough you are clobbered to death to access a credit. Let's dine while it lasts, rates cap has just stirred the sector triggering action to cut deadwood anyway. Banking model is changing drastically not sparing even the mighty tier one banks. Buckle up for the rough ride ahead. Well written @muandiwambeu.. However, banking isn't about to stop. Corporates need syndicated finance, everyone else needs a safe place to keep cash.. Employees need salary advance to cure Christmas blues, SMEs must stock their shops.. Get the picture? The method used to bank may change but banks will be here until the end of time as we know it
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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obiero wrote:muandiwambeu wrote:obiero wrote:muandiwambeu wrote:obiero wrote:sparkly wrote:obiero wrote:sparkly wrote:obiero wrote:[quote=sparkly]^PBT or PAT? It cannot be PAT Looks overly optimistic... rate cap. Larger banks reported increased refinance requests implying a larger book even with the reduced rates. Plus appraisal fee as well as credit risk insurance was introduced by all the tier 1 lenders in Q4. Previously, banks pegged FD rates on the Tbill, offering upto 21% early 2016 but now the most anyone can get as an FD rate is 70% of CBR; apart from smaller lenders who are desperate for liquidity. Finally, a silent exodus is in the offing from smaller to larger banks by all segments i.e retail, SME, corporate. We wait to see Sounds plausible. In other news Member has been busy with EazzyPay. Many outlets have pay with EazzyPay Till No In 2017, I foresee at least 7 bank closures and/or M&As Uncertainty is the word in banking. However, I still fail to get the source of your greater faith in tier 1 rallying on previous years performances as your earlier statements alludes to. For the anchor shareholders, their vision is long term, ie high dividend yield and wading away from predictors and finally wealth optimisation. Considering the current status in markets, a further flue and sneeze bout, gives them advantage to load at fatter discounted prices. So, why won't the same engineer an artificial turbulence for fatter discounts. What's more easy afterall, exciting the market to rally or viceversa and with all this fretting in the market air? Playing the market 2017. @obiero your signature really worries me. Madeni ni mob hii season kuna watu payday yao is religiously Saturday, and knowing something about you,i feel you probably had an encounter. @muandiwambeu Tier 1 banks are benefitting from the flight to safety ala doubts on Chase, Imperial, Dubai, Family, NBK, Sidian, Gulf, FCB.. All of the mentioned banks having effected significant staff cuts, abnormal NPL spikes, liquidity strain or in receivership http://www.businessdaily...539550-3456564-159nlwg/[/quote] The writer is spot on @obiero, but candidly, he has not said it point blank, straight to your face that every bank nerve is raw, and the customers(bankers) are fence sitting weighing their options. A few banks have faced headwinds, but not as a result of mass migration/ bankran, an indication of indignation/ indecisiveness on the customers side. Thats a very tempest and delicate situation for the banks. One fuse off a bank and the bank won't know what hit it. So what do I read? 1. Excessive fear. Its like waking up high on hangover after Xmas escapades but u can't dare take a peep onto your empty wallet. 2. Uncertainty. Sooner or later the house of cards shall crumble. 3.turbulence. Banks unlike Sacco's and microfinance that have intertwined themselves into the social fabric, are corporate, cold, faceless, beuracratic and high on redtape. Disaster in its own kind. Mobile banking makes more sense than ATM's to the client a million times over in terms of security and social rating. Spending money has a social aspect that corporates are severly anemic on. 4. Systemic problem. Its all about traditions. Banks are a heck, life ruiners, cruel and undesirable to the progress of the society, a old adage for you. The epitome of JPMorgan's etc. Banking essentially is outdated, out of fashion and archaic. You get inconvenienced/(time and money) insecure while banking, get charged at the wish of the banker to spend your own banked chums, get roughed up and fined for not banking or withdrawing your own hard earned penys, and like if that's not enough you are clobbered to death to access a credit. Let's dine while it lasts, rates cap has just stirred the sector triggering action to cut deadwood anyway. Banking model is changing drastically not sparing even the mighty tier one banks. Buckle up for the rough ride ahead. Well written @muandiwambeu.. However, banking isn't about to stop. Corporates need syndicated finance, everyone else needs a safe place to keep cash.. Employees need salary advance to cure Christmas blues, SMEs must stock their shops.. Get the picture? The method used to bank may change but banks will be here until the end of time as we know it Fabulous, have ever interrogated yourself deeply and questioned how stupid it is to show up before a blind clerical officer who can't tell the difference between ouma and njalong. Somebody who's facial intel is dead and rotten just to sign a withdrawal form. Total stupidity with this day of high tech. Digital signature, voice recognition, figure prints readers, end to end encryption and off goes the clerk and the entire bank hall. Does that sound like magic. Digital identity is FYI. Kyc is outdated. Identity theft is as easy as blowing your nose with right Intel. A real threat to banks and the customer fortune, a decade banking problem. With mobile money, I will take my pets passport for my passport and I will be ready to go. I like my aunts praise for green fedha microf. Pesa popote ndugu na dada. Moni by the touch of my mobile. Now, you see. Corporates need moni to pay kimani, akech, otieno etc.who enjoys the sweet tech given lifestyle. Your paper moni is just a redeemable promissory note by central bank, a promise long broken before it got printed.  ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Key thing to watch as you monitor banking stocks will be ksh vs USD because if CBK raises the CBK rate so high to try and defend the shilling interest rates might go to an unimaginable levels e.g imagine the CBK rate is at 20% Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,549 Location: nairobi
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Ericsson wrote:Key thing to watch as you monitor banking stocks will be ksh vs USD because if CBK raises the CBK rate so high to try and defend the shilling interest rates might go to an unimaginable levels e.g imagine the CBK rate is at 20% Njoroge and company sit on Monday 30th January.. A rise in CBR is mandatory to keep the industry stable
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Obiero You spoke too soon about britam.Check my post Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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CBK has burned $800mn in two months October to December in defending the ksh Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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Ericsson wrote:CBK has burned $800mn in two months October to December in defending the ksh Its paying political good will. Hiking CBR serves worse, running the country on the backs of few. Hell with ksh. (Inflation galore on the whopping.)deleted why give it to eating mpigs, Governors and the like. Otherwise let me call it easing the burden of the working Kenyan(remember punda amechoka?). Do get you it? ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 6/23/2009 Posts: 13,549 Location: nairobi
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Reporting season about to visit the NSE
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,549 Location: nairobi
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Q4 2016, PBT figures in KES B: KCB 30.1 EQTY 28.9 COOP 20.1 SCBK 14.2 BBK 11.1 DTB 10.2 I&M 9.3 CFC 6.6 NIC 6.2 HFCK 1.7 NBK 1.1 Side note: BBK 10%, I&M 8.8%, NBK 74% & NIC 7.4% down year on year
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,549 Location: nairobi
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Next week, we realise..
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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obiero wrote:Next week, we realise..  possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 13,549 Location: nairobi
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maka wrote:obiero wrote:Next week, we realise.. We can barely wait
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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barclays ndio itafungua banking.lets wait. Towards the goal of financial freedom
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Rank: Elder Joined: 6/23/2009 Posts: 13,549 Location: nairobi
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Ebenyo wrote:barclays ndio itafungua banking.lets wait. Expecting stellar results from the big five
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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