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Wazua
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Exchange Bar: Results forecast
 
            
            
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Rank: Elder Joined: 12/7/2012 Posts: 11,929
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                obiero wrote:Exchange Bar Quarterly Forecast for Q2 2020, PBT figures in KES B:KCB 18.2 Actual 12.8
 EQTY 14 Actual 11.9
 COOP 10.2 Actual 9.6
 I&M 6.9
 ABSA 6.2
 SCBK 6.1
 DTB 5.8
 NCBA 4.8
 STANB 4.2 Actual 4.1
 HFCK 0.042
 
 Equity is catching up with KCB    .  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen |  
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Rank: Elder Joined: 12/4/2009 Posts: 10,798 Location: NAIROBI
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                Angelica _ann wrote:obiero wrote:Exchange Bar Quarterly Forecast for Q2 2020, PBT figures in KES B:KCB 18.2 Actual 12.8
 EQTY 14 Actual 11.9
 COOP 10.2 Actual 9.6
 I&M 6.9
 ABSA 6.2
 SCBK 6.1
 DTB 5.8
 NCBA 4.8
 STANB 4.2 Actual 4.1
 HFCK 0.042
 
 Equity is catching up with KCB    .  That statement has been sung since 2012 but yet to materialise. Wealth is built through a relatively simple equationWealth=Income + Investments - Lifestyle
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Rank: Member Joined: 12/22/2015 Posts: 224 Location: Mombasa, Kenya
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                Ericsson wrote:Angelica _ann wrote:obiero wrote:Exchange Bar Quarterly Forecast for Q2 2020, PBT figures in KES B:KCB 18.2 Actual 12.8
 EQTY 14 Actual 11.9
 COOP 10.2 Actual 9.6
 I&M 6.9
 ABSA 6.2
 SCBK 6.1
 DTB 5.8
 NCBA 4.8
 STANB 4.2 Actual 4.1
 HFCK 0.042
 
 Equity is catching up with KCB    .  That statement has been sung since 2012 but yet to materialise. Looks like Equity will weather COVID better than KCB. That should be the equalizer Start! |  
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Rank: Elder Joined: 7/21/2010 Posts: 6,192 Location: nairobi
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                Metch wrote:Ericsson wrote:Angelica _ann wrote:obiero wrote:Exchange Bar Quarterly Forecast for Q2 2020, PBT figures in KES B:KCB 18.2 Actual 12.8
 EQTY 14 Actual 11.9
 COOP 10.2 Actual 9.6
 I&M 6.9
 ABSA 6.2
 SCBK 6.1
 DTB 5.8
 NCBA 4.8
 STANB 4.2 Actual 4.1
 HFCK 0.042
 
 Equity is catching up with KCB    .  That statement has been sung since 2012 but yet to materialise. Looks like Equity will weather COVID better than KCB. That should be the equalizer . equity stalls in Q3 and Q4 [ "Don't let the fear of losing be greater than the excitement of winning." |  
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Rank: Elder Joined: 6/23/2009 Posts: 13,974 Location: nairobi
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                mlennyma wrote:Metch wrote:Ericsson wrote:Angelica _ann wrote:obiero wrote:Exchange Bar Quarterly Forecast for Q2 2020, PBT figures in KES B:KCB 18.2 Actual 12.8
 EQTY 14 Actual 11.9
 COOP 10.2 Actual 9.6
 I&M 6.9
 ABSA 6.2
 SCBK 6.1
 DTB 5.8
 NCBA 4.8
 STANB 4.2 Actual 4.1
 HFCK 0.042
 
 Equity is catching up with KCB    .  That statement has been sung since 2012 but yet to materialise. Looks like Equity will weather COVID better than KCB. That should be the equalizer . equity stalls in Q3 and Q4 [ Small banks will continue to fold   KQ ABP 4.48; MTN ABP 5.20
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Rank: Elder Joined: 12/4/2009 Posts: 10,798 Location: NAIROBI
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                obiero wrote:mlennyma wrote:Metch wrote:Ericsson wrote:Angelica _ann wrote:obiero wrote:Exchange Bar Quarterly Forecast for Q2 2020, PBT figures in KES B:KCB 18.2 Actual 12.8
 EQTY 14 Actual 11.9
 COOP 10.2 Actual 9.6
 I&M 6.9
 ABSA 6.2
 SCBK 6.1
 DTB 5.8
 NCBA 4.8
 STANB 4.2 Actual 4.1
 HFCK 0.042
 
 Equity is catching up with KCB    .  That statement has been sung since 2012 but yet to materialise. Looks like Equity will weather COVID better than KCB. That should be the equalizer . equity stalls in Q3 and Q4 [ Small banks will continue to fold  Next small bank to fold is which one.  Wealth is built through a relatively simple equationWealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,798 Location: NAIROBI
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                obiero wrote:Exchange Bar Quarterly Forecast for Q2 2020, PBT figures in KES B:KCB 18.2
 EQTY 14
 COOP 10.2
 I&M 6.9
 ABSA 6.2
 SCBK 6.1
 DTB 5.8
 NCBA 4.8
 STANB 4.2
 HFCK 0.042
 HFCK projected loss of ksh.293mn Wealth is built through a relatively simple equationWealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/20/2007 Posts: 2,070 Location: Lagos, Nigeria
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                HY EARNING REPORT THIS WEEK ABSA.......Mon 24th Aug **SCBK.....Fri 28th Aug ** Estimated The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. . |  
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Rank: Elder Joined: 12/4/2009 Posts: 10,798 Location: NAIROBI
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                young wrote:HY EARNING REPORT THIS WEEK
 ABSA.......Mon 24th Aug
 **SCBK.....Fri 28th Aug
 
 ** Estimated
 ABSA Kenya parent released HY 2020 results today with a 93% drop in Profit before tax Wealth is built through a relatively simple equationWealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/20/2007 Posts: 2,070 Location: Lagos, Nigeria
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                young wrote:HY EARNING REPORT THIS WEEK
 ABSA.......Mon 24th Aug
 **SCBK.....Fri 28th Aug
 
 ** Estimated
 UPDATE ABSA...on/before Fri 28th Aug SCBK...on/Before Fri  28th Aug The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. . |  
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Rank: Elder Joined: 12/4/2009 Posts: 10,798 Location: NAIROBI
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                Angelica _ann wrote:obiero wrote:Exchange Bar Quarterly Forecast for Q2 2020, PBT figures in KES B:KCB 18.2 Actual 12.8
 EQTY 14 Actual 11.9
 COOP 10.2 Actual 9.6
 I&M 6.9
 ABSA 6.2
 SCBK 6.1 Actual 5.1
 DTB 5.8
 NCBA 4.8
 STANB 4.2 Actual 4.1
 HFCK 0.042
 
 Equity is catching up with KCB    .  Stanchart ksh.5.1bn No interim dividend  Wealth is built through a relatively simple equationWealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,798 Location: NAIROBI
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                Ericsson wrote:Angelica _ann wrote:obiero wrote:Exchange Bar Quarterly Forecast for Q2 2020, PBT figures in KES B:KCB 18.2 Actual 12.8
 EQTY 14 Actual 11.9
 COOP 10.2 Actual 9.6
 I&M 6.9
 ABSA 6.2
 SCBK 6.1 Actual 5.1
 DTB 5.8  Actual 4.48
 NCBA 4.8
 STANB 4.2 Actual 4.1
 HFCK 0.042
 
 Equity is catching up with KCB    .  Stanchart ksh.5.1bn No interim dividend  DTB Ksh.4.48bn Wealth is built through a relatively simple equationWealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,798 Location: NAIROBI
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                Ericsson wrote:Ericsson wrote:Angelica _ann wrote:obiero wrote:Exchange Bar Quarterly Forecast for Q2 2020, PBT figures in KES B:KCB 18.2 Actual 12.8
 EQTY 14 Actual 11.9
 COOP 10.2 Actual 9.6
 I&M 6.9 Actual 4.5
 ABSA 6.2
 SCBK 6.1 Actual 5.1
 DTB 5.8  Actual 4.48
 NCBA 4.8
 STANB 4.2 Actual 4.1
 HFCK 0.042
 
 Equity is catching up with KCB    .  Stanchart ksh.5.1bn No interim dividend  DTB Ksh.4.48bn I&M ksh.4.5bn Wealth is built through a relatively simple equationWealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/20/2007 Posts: 2,070 Location: Lagos, Nigeria
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                Ericsson wrote:Ericsson wrote:Ericsson wrote:Angelica _ann wrote:obiero wrote:Exchange Bar Quarterly Forecast for Q2 2020, PBT figures in KES B:KCB 18.2 Actual 12.8
 EQTY 14 Actual 11.9
 COOP 10.2 Actual 9.6
 I&M 6.9 Actual 4.5
 ABSA 6.2
 SCBK 6.1 Actual 5.1
 DTB 5.8  Actual 4.48
 NCBA 4.8 Actual 3.91
 STANB 4.2 Actual 4.1
 HFCK 0.042
 
 Equity is catching up with KCB    .  Stanchart ksh.5.1bn No interim dividend  DTB Ksh.4.48bn I&M ksh.4.5bn NCBA. Ksh 3.91bn Outstanding ..ABSA & HFCK The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. . |  
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Rank: Elder Joined: 12/4/2009 Posts: 10,798 Location: NAIROBI
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                young wrote:Ericsson wrote:Ericsson wrote:Ericsson wrote:Angelica _ann wrote:obiero wrote:Exchange Bar Quarterly Forecast for Q2 2020, PBT figures in KES B:KCB 18.2 Actual 12.8
 EQTY 14 Actual 11.9
 COOP 10.2 Actual 9.6
 I&M 6.9 Actual 4.5
 ABSA 6.2 Actual 3.3
 SCBK 6.1 Actual 5.1
 DTB 5.8  Actual 4.48
 NCBA 4.8 Actual 3.91
 STANB 4.2 Actual 4.1
 HFCK 0.042 Actual -0.296
 
 Equity is catching up with KCB    .  Stanchart ksh.5.1bn No interim dividend  DTB Ksh.4.48bn I&M ksh.4.5bn NCBA. Ksh 3.91bn Outstanding ..ABSA & HFCK HFCK Loss of Ksh.296mn ABSA ksh.3.3bn Wealth is built through a relatively simple equationWealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/7/2012 Posts: 11,929
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                Ericsson wrote:obiero wrote:Exchange Bar Quarterly Forecast for Q2 2020, PBT figures in KES B:KCB 18.2
 EQTY 14
 COOP 10.2
 I&M 6.9
 ABSA 6.2
 SCBK 6.1
 DTB 5.8
 NCBA 4.8
 STANB 4.2
 HFCK 0.042
 HFCK projected loss of ksh.293mn Looks like you had heads up, that's too close.  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen |  
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Rank: Elder Joined: 6/23/2009 Posts: 13,974 Location: nairobi
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                Exchange Bar Quarterly Forecast for Q2 2020, PBT figures in KES B: KCB 18.2 Actual 12.8 EQTY 14 Actual 11.9  COOP 10.2 Actual 9.6 I&M 6.9 Actual 4.5 ABSA 6.2 Actual 3.3 SCBK 6.1 Actual 5.1 DTB 5.8 Actual 4.48 NCBA 4.8 Actual 3.91 STANB 4.2 Actual 4.1 HFCK 0.042 Actual -0.296 A tragedy at ABSA.. Expect worse results in Q3 for all banks as the restructuring denies core interest income and provisions rise  KQ ABP 4.48; MTN ABP 5.20
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Rank: Member Joined: 11/21/2018 Posts: 564 Location: Britain
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                obiero wrote:Exchange Bar Quarterly Forecast for Q2 2020, PBT figures in KES B:KCB 18.2 Actual 12.8
 EQTY 14 Actual 11.9
 COOP 10.2 Actual 9.6
 I&M 6.9 Actual 4.5
 ABSA 6.2 Actual 3.3
 SCBK 6.1 Actual 5.1
 DTB 5.8 Actual 4.48
 NCBA 4.8 Actual 3.91
 STANB 4.2 Actual 4.1
 HFCK 0.042 Actual -0.296
 
 A tragedy at ABSA.. Expect worse results in Q3 for all banks as the restructuring denies core interest income and provisions rise
 Except for Coop Bank, everything else is a total disaster. |  
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Rank: Elder Joined: 6/20/2007 Posts: 2,070 Location: Lagos, Nigeria
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                Queen wrote:obiero wrote:Exchange Bar Quarterly Forecast for Q2 2020, PBT figures in KES B:KCB 18.2 Actual 12.8
 EQTY 14 Actual 11.9
 COOP 10.2 Actual 9.6
 I&M 6.9 Actual 4.5
 ABSA 6.2 Actual 3.3
 SCBK 6.1 Actual 5.1
 DTB 5.8 Actual 4.48
 NCBA 4.8 Actual 3.91
 STANB 4.2 Actual 4.1
 HFCK 0.042 Actual -0.296
 
 A tragedy at ABSA.. Expect worse results in Q3 for all banks as the restructuring denies core interest income and provisions rise
 Except for Coop Bank, everything else is a total disaster. Not exactly . Some others are still manageable based on current covid situation .    Take a look further on the details like PAT, EPS etc you will realize that in addition to COOP, then KCB, EQITY, NCBA are fairly ok but on discounted price of 10% of the current price which is achievable when market correction sets in occasioned by short term taking of profits by investors .   Remember provision for delayed interest income due to deferred loans as per covid is a one off operation . The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. . |  
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Rank: Member Joined: 11/21/2018 Posts: 564 Location: Britain
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                Let us just say these Bank stocks will kill people one day. |  
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Exchange Bar: Results forecast
 
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