@Obiero is often challenged but seldom wrong, which nut was this being said hard to crack???

That's why I sit outside of bank stocks for now

Kenya Airways

Abnormal profits tamed kabisa

For comparison look how Q3 2016,figures in KES B were:
Equity 21.6 Actual 21.5
KCB 21.4 Actual 22.9
COOP 15.1 Actual 15.2
SCBK 11.3 Actual 11.1
BBK 8.9 Actual 8.7
DTB 7.9 Actual 7.8
I&M 7.2 Actual 7.3
CFC 5.2 Actual 4.8
NIC 5.1 Actual 4.7
HFCK 1.4 Actual 1.2
NBK 0.67 Actual 0.74

The results are out.. Operating profit 1.4B, loss after tax 3.8B

All businesses are affected

Like Nakumatt??

Indeed KQ is privileged in terms of the bailout.. As for negative equity and losses, management knows exactly when the rain started beating us and have taken bold steps to seal all leaks. Meanwhile, 7 out of 17 firms which have released their financial performance statement since September have made a loss, filings with the Nairobi Securities Exchange, where their shares trade, show.
Further, some six companies posted a reduction in net profit, with only four returning growth in profit for shareholders, according to the results for the half-year, nine-month or full-year trading period, depending on individual firms’ reporting cycle.
Firms which remained in loss-making territory include ARM Cement (Sh1.41 billion for six months to June), Uchumi Supermarkets (Sh1.7 billion full-year period to June), Kenya Airways (Sh3.8 billion for six months to September) and Unga Group (Sh32.29 million full-year to June)..