ABSA Annual Performance - Stocks - Wazua

Welcome Guest

Search | Active Topics | Log In | Register

Wazua » Investor » Stocks » ABSA Annual Performance

ABSA Annual Performance

Options

Previous Topic · Next Topic

HaMaina		#1 Posted : Wednesday, March 24, 2021 1:38:12 PM
Rank: Veteran Joined: 4/23/2014 Posts: 909		I don't remember a time when ABSa/Barclays or whatever they want to call themselves, ever used the words " The Board of Directors do not recommend payment of dividend in 2020 " in their financial statement. Reduced dividend yes but not no dividend. Waombewe “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
Back to top		Report Abusive \| Report SPAM
User Profile

Ericsson		#2 Posted : Wednesday, March 24, 2021 2:06:34 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI		HaMaina wrote: I don't remember a time when ABSa/Barclays or whatever they want to call themselves, ever used the words " The Board of Directors do not recommend payment of dividend in 2020 " in their financial statement. Reduced dividend yes but not no dividend. Waombewe Even the economy has never been at this state of indebtedness Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
Back to top		WWW Report Abusive \| Report SPAM
User Profile

HaMaina		#3 Posted : Wednesday, March 24, 2021 2:11:35 PM
Rank: Veteran Joined: 4/23/2014 Posts: 909		Ericsson wrote: HaMaina wrote: I don't remember a time when ABSa/Barclays or whatever they want to call themselves, ever used the words " The Board of Directors do not recommend payment of dividend in 2020 " in their financial statement. Reduced dividend yes but not no dividend. Waombewe Even the economy has never been at this state of indebtedness What has CooP and KCB done different, since the economy is the same for all. “You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
Back to top		Report Abusive \| Report SPAM
User Profile

Ericsson		#4 Posted : Wednesday, March 24, 2021 2:30:45 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI		HaMaina wrote: Ericsson wrote: HaMaina wrote: I don't remember a time when ABSa/Barclays or whatever they want to call themselves, ever used the words " The Board of Directors do not recommend payment of dividend in 2020 " in their financial statement. Reduced dividend yes but not no dividend. Waombewe Even the economy has never been at this state of indebtedness What has CooP and KCB done different, since the economy is the same for all. Coop is majorly the saccos bank,so the sacco business has given it a cushion. KCB,government and civil servants business ABSA deals with private individuals,corporates,SMEs. The defaults/restructured loans as a percentage of its loan book is high. Then add the rebranding and separation from Barclays costs they have incurred. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
Back to top		WWW Report Abusive \| Report SPAM \| Edit by user: Wednesday, March 24, 2021 2:32 PM \| Reason: Not specified
User Profile

maka		#5 Posted : Thursday, March 25, 2021 8:48:15 AM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		Ericsson wrote: HaMaina wrote: Ericsson wrote: HaMaina wrote: I don't remember a time when ABSa/Barclays or whatever they want to call themselves, ever used the words " The Board of Directors do not recommend payment of dividend in 2020 " in their financial statement. Reduced dividend yes but not no dividend. Waombewe Even the economy has never been at this state of indebtedness What has CooP and KCB done different, since the economy is the same for all. Coop is majorly the saccos bank,so the sacco business has given it a cushion. KCB,government and civil servants business ABSA deals with private individuals,corporates,SMEs. The defaults/restructured loans as a percentage of its loan book is high. Then add the rebranding and separation from Barclays costs they have incurred. Stanchart have recommended a full year div of KES 10.50.... Well.... possunt quia posse videntur
Back to top		Report Abusive \| Report SPAM
User Profile

babashuge		#6 Posted : Thursday, March 25, 2021 11:21:04 AM
Rank: New-farer Joined: 1/4/2019 Posts: 69 Location: Nairobi		The price drop begins. Question is, are they a good longer term buy as the share price drops?
Back to top		Report Abusive \| Report SPAM
User Profile

Users browsing this topic
Guest (2)

Wazua » Investor » Stocks » ABSA Annual Performance

Forum Jump

You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Watch this topic
Email this topic
Print this topic
RSS Feed

Normal
Threaded