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Barclays - 2018 and beyond
obiero
#51 Posted : Friday, November 23, 2018 10:16:15 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,216
Location: nairobi
Ericsson wrote:
tom_boy wrote:
sparkly wrote:
Ericsson wrote:
When did the rains hit this bank.The highest profit they ever made was in FY 2010 and that is the year they paid highest dividend.
Till today they have never recovered


Problems started in late 90s/ early 00s when they:

1. Recalled loans on many businesses;
2. Closed branches;
3. Retrenched staff;
4. Invested deposits in Government Securities;
5. Increased minimum balances for all accounts;
6. Imposed monthly ledger fees on savings accounts;

They chased away retail clients, Small, Micro and Medium Entreprises. The local banks stepped in. When they tried to win back the people they chased away, it was too late.



True dat. I am one of those guys they chased away.

And you are still a boy till today

@Ericsson you are out of order

KQ ABP 4.26
Ericsson
#52 Posted : Friday, November 23, 2018 10:19:22 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
obiero wrote:
Ericsson wrote:
tom_boy wrote:
sparkly wrote:
Ericsson wrote:
When did the rains hit this bank.The highest profit they ever made was in FY 2010 and that is the year they paid highest dividend.
Till today they have never recovered


Problems started in late 90s/ early 00s when they:

1. Recalled loans on many businesses;
2. Closed branches;
3. Retrenched staff;
4. Invested deposits in Government Securities;
5. Increased minimum balances for all accounts;
6. Imposed monthly ledger fees on savings accounts;

They chased away retail clients, Small, Micro and Medium Entreprises. The local banks stepped in. When they tried to win back the people they chased away, it was too late.



True dat. I am one of those guys they chased away.

And you are still a boy till today

@Ericsson you are out of order

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#53 Posted : Friday, November 23, 2018 10:21:06 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Share price is following the mood of the results
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
sparkly
#54 Posted : Friday, November 23, 2018 10:23:24 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ericsson wrote:
obiero wrote:
Ericsson wrote:
tom_boy wrote:
sparkly wrote:
Ericsson wrote:
When did the rains hit this bank.The highest profit they ever made was in FY 2010 and that is the year they paid highest dividend.
Till today they have never recovered


Problems started in late 90s/ early 00s when they:

1. Recalled loans on many businesses;
2. Closed branches;
3. Retrenched staff;
4. Invested deposits in Government Securities;
5. Increased minimum balances for all accounts;
6. Imposed monthly ledger fees on savings accounts;

They chased away retail clients, Small, Micro and Medium Entreprises. The local banks stepped in. When they tried to win back the people they chased away, it was too late.



True dat. I am one of those guys they chased away.

And you are still a boy till today

@Ericsson you are out of order

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly


Oh boy Laughing out loudly Laughing out loudly Laughing out loudly
Life is short. Live passionately.
obiero
#55 Posted : Saturday, November 24, 2018 8:17:55 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,216
Location: nairobi
Compare and contrast the NPL positions

KQ ABP 4.26
mlennyma
#56 Posted : Thursday, February 07, 2019 1:32:46 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Very strong share trading activity today,is it because of the usually good dividend?
"Don't let the fear of losing be greater than the excitement of winning."
Ericsson
#57 Posted : Thursday, February 07, 2019 2:43:51 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
mlennyma wrote:
Very strong share trading activity today,is it because of the usually good dividend?


A major investor making a good harvest
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Kenyan Oracle
#58 Posted : Thursday, February 07, 2019 3:39:14 PM
Rank: Member

Joined: 5/31/2011
Posts: 262
sparkly wrote:
Ericsson wrote:
When did the rains hit this bank.The highest profit they ever made was in FY 2010 and that is the year they paid highest dividend.
Till today they have never recovered


Problems started in late 90s/ early 00s when they:

1. Recalled loans on many businesses;
2. Closed branches;
3. Retrenched staff;
4. Invested deposits in Government Securities;
5. Increased minimum balances for all accounts;
6. Imposed monthly ledger fees on savings accounts;

They chased away retail clients, Small, Micro and Medium Entreprises. The local banks stepped in. When they tried to win back the people they chased away, it was too late.



You are looking at one of them chased guys and since then I despised BBK both as a bank as an investment.
You lose money chasing women, but you never lose women chasing money - NAS
VituVingiSana
#59 Posted : Friday, July 05, 2019 2:50:53 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Barclays seeks to sell three closed branches at Sh65m
https://www.businessdail...83632-md3wvz/index.html

In 2017, the bank had closed Moi Avenue, Haile Selassie, Waiyaki Way, Kawangware, Rahimtulla, Nakummatt Meru and Wundanyi branches. This cut branch network from 96 to 89.

Bamburi, Maragua and Supplies branches are now up for sale.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#60 Posted : Friday, July 05, 2019 11:06:05 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
VituVingiSana wrote:
Barclays seeks to sell three closed branches at Sh65m
https://www.businessdail...83632-md3wvz/index.html

In 2017, the bank had closed Moi Avenue, Haile Selassie, Waiyaki Way, Kawangware, Rahimtulla, Nakummatt Meru and Wundanyi branches. This cut branch network from 96 to 89.

Bamburi, Maragua and Supplies branches are now up for sale.


A bank on its deathbed.
Life is short. Live passionately.
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