Wazua
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KCB Q1 2017
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Ericsson wrote:Horton wrote:nzalela wrote:VituVingiSana wrote:Horton wrote:👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽
Another reason why I never read "research" reports. These results are quite contrary to what kestrel had said a few days ago. Before you dismiss what Kestrel has written... pls try to answer these questions. 1) What are Statutory Loan Reserves? 2) Compare SLRs for KCB vs Equity vs BBK vs StanChart 3) Compare KCB's Core Capital for FY 2016 vs 1Q 2017 4) What's Net NPL exposure? Compare KCB vs peers Was waiting for someone to mention those issues. Those results seem massaged by loan loss provisions and shifting of customer deposit accounts. The 15% drop in interest income before loan loss provisions is the flag right there. Dear VVS. Most of us spend days, weeks and even months doing our research. We do this homework for ourselves, so Im not going to post the details u require which can be found through a brief search. Also understand that KCB had lots of corporate accounts which earn the highest interest and also used to pay the lowest interest for loans....pre rate cap. As u can see interest expense has fallen comensurate to that. LLP would naturally fall in the post cap as the quality is improving. I suggest you go and check out NIC and CFCs results too @Horton VVS hates KCB and will look for something negative about it whether it's there or not. Orite. However, VVS says he is a value investor. What I suggest is to wachana na emotions when investing.
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Rank: Elder Joined: 6/23/2009 Posts: 13,782 Location: nairobi
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Horton wrote:Ericsson wrote:Horton wrote:nzalela wrote:VituVingiSana wrote:Horton wrote:👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽
Another reason why I never read "research" reports. These results are quite contrary to what kestrel had said a few days ago. Before you dismiss what Kestrel has written... pls try to answer these questions. 1) What are Statutory Loan Reserves? 2) Compare SLRs for KCB vs Equity vs BBK vs StanChart 3) Compare KCB's Core Capital for FY 2016 vs 1Q 2017 4) What's Net NPL exposure? Compare KCB vs peers Was waiting for someone to mention those issues. Those results seem massaged by loan loss provisions and shifting of customer deposit accounts. The 15% drop in interest income before loan loss provisions is the flag right there. Dear VVS. Most of us spend days, weeks and even months doing our research. We do this homework for ourselves, so Im not going to post the details u require which can be found through a brief search. Also understand that KCB had lots of corporate accounts which earn the highest interest and also used to pay the lowest interest for loans....pre rate cap. As u can see interest expense has fallen comensurate to that. LLP would naturally fall in the post cap as the quality is improving. I suggest you go and check out NIC and CFCs results too @Horton VVS hates KCB and will look for something negative about it whether it's there or not. Orite. However, VVS says he is a value investor. What I suggest is to wachana na emotions when investing. vvs will lead you to stagnant shares.. I suggest that you research widely for the near term stock picks especially if you are young. the kind of shares he loves are meant for old people nearing retirement..
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 12/4/2009 Posts: 10,778 Location: NAIROBI
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Kcb appreciation year to date is 33.9% Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,782 Location: nairobi
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Ericsson wrote:Kcb appreciation year to date is 33.9% @vvs needs to apologise to @wazua family for the KCB mis-analysis
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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obiero wrote:Ericsson wrote:Kcb appreciation year to date is 33.9% @vvs needs to apologise to @wazua family for the KCB mis-analysis 🤣
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Rank: Member Joined: 5/30/2016 Posts: 217 Location: Talai
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Horton wrote:obiero wrote:Ericsson wrote:Kcb appreciation year to date is 33.9% @vvs needs to apologise to @wazua family for the KCB mis-analysis 🤣 for sure the simba has woken up and its shaking his mane... Watch and Listen and Live
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Rank: Member Joined: 5/30/2016 Posts: 217 Location: Talai
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guru267 wrote:Looks like 40bob is around the corner.  Tomorrow it is!! Watch and Listen and Live
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Rank: Member Joined: 5/30/2016 Posts: 217 Location: Talai
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ARAP CHARLES wrote:guru267 wrote:Looks like 40bob is around the corner. Tomorrow it is!! KSH. 40.00 FINALLY tested. Watch and Listen and Live
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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ARAP CHARLES wrote:ARAP CHARLES wrote:guru267 wrote:Looks like 40bob is around the corner. Tomorrow it is!! KSH. 40.00 FINALLY tested. But that supply of 500k need to get wiped
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Rank: Member Joined: 5/30/2016 Posts: 217 Location: Talai
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bartum wrote:ARAP CHARLES wrote:ARAP CHARLES wrote:guru267 wrote:Looks like 40bob is around the corner. Tomorrow it is!! KSH. 40.00 FINALLY tested. But that supply of 500k need to get wiped There is an overlooking demand just below it of over 900,000 shares.. Watch and Listen and Live
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Rank: Chief Joined: 1/3/2007 Posts: 18,223 Location: Nairobi
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Horton wrote:nzalela wrote:VituVingiSana wrote:Horton wrote:👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽
Another reason why I never read "research" reports. These results are quite contrary to what kestrel had said a few days ago. Before you dismiss what Kestrel has written... pls try to answer these questions. 1) What are Statutory Loan Reserves? 2) Compare SLRs for KCB vs Equity vs BBK vs StanChart 3) Compare KCB's Core Capital for FY 2016 vs 1Q 2017 4) What's Net NPL exposure? Compare KCB vs peers Was waiting for someone to mention those issues. Those results seem massaged by loan loss provisions and shifting of customer deposit accounts. The 15% drop in interest income before loan loss provisions is the flag right there. Dear VVS. Most of us spend days, weeks and even months doing our research. We do this homework for ourselves, so Im not going to post the details u require which can be found through a brief search. Also understand that KCB had lots of corporate accounts which earn the highest interest and also used to pay the lowest interest for loans....pre rate cap. As u can see interest expense has fallen comensurate to that. LLP would naturally fall in the post cap as the quality is improving. I suggest you go and check out NIC and CFCs results too KCB is a SIFI and TBTF bank but something isn't right. Anyway, let's look at the results for 1Q 2018 onwards when IFRS 9 comes into play. I expect some restatements. I would rather miss out on some of the "gains" through speculation since I prefer sleeping at night. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,782 Location: nairobi
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VituVingiSana wrote:Horton wrote:nzalela wrote:VituVingiSana wrote:Horton wrote:👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽
Another reason why I never read "research" reports. These results are quite contrary to what kestrel had said a few days ago. Before you dismiss what Kestrel has written... pls try to answer these questions. 1) What are Statutory Loan Reserves? 2) Compare SLRs for KCB vs Equity vs BBK vs StanChart 3) Compare KCB's Core Capital for FY 2016 vs 1Q 2017 4) What's Net NPL exposure? Compare KCB vs peers Was waiting for someone to mention those issues. Those results seem massaged by loan loss provisions and shifting of customer deposit accounts. The 15% drop in interest income before loan loss provisions is the flag right there. Dear VVS. Most of us spend days, weeks and even months doing our research. We do this homework for ourselves, so Im not going to post the details u require which can be found through a brief search. Also understand that KCB had lots of corporate accounts which earn the highest interest and also used to pay the lowest interest for loans....pre rate cap. As u can see interest expense has fallen comensurate to that. LLP would naturally fall in the post cap as the quality is improving. I suggest you go and check out NIC and CFCs results too KCB is a SIFI and TBTF bank but something isn't right. Anyway, let's look at the results for 1Q 2018 onwards when IFRS 9 comes into play. I expect some restatements. I would rather miss out on some of the "gains" through speculation since I prefer sleeping at night. @vvs.. I had missed you. Welcome back
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Chief Joined: 1/3/2007 Posts: 18,223 Location: Nairobi
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obiero wrote:VituVingiSana wrote:Horton wrote:nzalela wrote:VituVingiSana wrote:Horton wrote:👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽
Another reason why I never read "research" reports. These results are quite contrary to what kestrel had said a few days ago. Before you dismiss what Kestrel has written... pls try to answer these questions. 1) What are Statutory Loan Reserves? 2) Compare SLRs for KCB vs Equity vs BBK vs StanChart 3) Compare KCB's Core Capital for FY 2016 vs 1Q 2017 4) What's Net NPL exposure? Compare KCB vs peers Was waiting for someone to mention those issues. Those results seem massaged by loan loss provisions and shifting of customer deposit accounts. The 15% drop in interest income before loan loss provisions is the flag right there. Dear VVS. Most of us spend days, weeks and even months doing our research. We do this homework for ourselves, so Im not going to post the details u require which can be found through a brief search. Also understand that KCB had lots of corporate accounts which earn the highest interest and also used to pay the lowest interest for loans....pre rate cap. As u can see interest expense has fallen comensurate to that. LLP would naturally fall in the post cap as the quality is improving. I suggest you go and check out NIC and CFCs results too KCB is a SIFI and TBTF bank but something isn't right. Anyway, let's look at the results for 1Q 2018 onwards when IFRS 9 comes into play. I expect some restatements. I would rather miss out on some of the "gains" through speculation since I prefer sleeping at night. @vvs.. I had missed you. Welcome back Fully invested. DTBK recently added. Equity being increased in the portfolio. Picking up more KK. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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