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Exchange Bar: Results forecast
Ericsson
#2416 Posted : Wednesday, March 30, 2022 4:53:04 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Exchange Bar Q4 2021, PBT in KES B:
KCB 49.1 Actual 47.8
EQTY 48.3 Actual 51.8
COOP 22.4 Actual 22.6
ABSA 16.1 Actual 15.5
NCBA 15.1 Actual 15.03
SCBK 11.7 Actual 12.6
I&M 11.6 Actual 12.4
DTB 9.8 Actual 6.6
STBC 9.3 Actual 9.75
HFCK -0.46
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#2417 Posted : Wednesday, March 30, 2022 4:54:16 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Ericsson wrote:
Exchange Bar Q4 2021, PBT in KES B:
KCB 49.1 Actual 47.8
EQTY 48.3 Actual 51.8
COOP 22.4 Actual 22.6
ABSA 16.1 Actual 15.5
NCBA 15.1 Actual 15.03
SCBK 11.7 Actual 12.6
I&M 11.6 Actual 12.4
DTB 9.8 Actual 6.6
STBC 9.3 Actual 9.75
HFCK -0.46



HFCK FY loss will be ksh.590mn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#2418 Posted : Wednesday, March 30, 2022 7:50:59 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
Ericsson wrote:
Ericsson wrote:
Exchange Bar Q4 2021, PBT in KES B:
KCB 49.1 Actual 47.8
EQTY 48.3 Actual 51.8
COOP 22.4 Actual 22.6
ABSA 16.1 Actual 15.5
NCBA 15.1 Actual 15.03
SCBK 11.7 Actual 12.6
I&M 11.6 Actual 12.4
DTB 9.8 Actual 6.6
STBC 9.3 Actual 9.75
HFCK -0.46



HFCK FY loss will be ksh.590mn

HF is Soo disappointing. What kind of bank makes a loss..

KQ ABP 4.26
mlennyma
#2419 Posted : Wednesday, March 30, 2022 7:56:42 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
obiero wrote:
VituVingiSana wrote:
obiero wrote:
Exchange Bar Q4 2021, PBT in KES B:
KCB 49.1
EQTY 48.3
COOP 22.4
ABSA 16.1
NCBA 15.1
SCBK 11.7
I&M 11.6
DTB 9.8
STBC 9.3
HFCK -0.46

May I suggest you put up last year's actual numbers too. I am happy to help as are others. It helps us see where they were and headed to.

Happy New Year and keep up the good work! Applause

Happy New Year kaka. Those past results are already here within the thread, somewhere


I also wonder who is comfortable keeping their money in a loss making bank
"Don't let the fear of losing be greater than the excitement of winning."
obiero
#2420 Posted : Wednesday, March 30, 2022 10:26:16 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
mlennyma wrote:
obiero wrote:
VituVingiSana wrote:
obiero wrote:
Exchange Bar Q4 2021, PBT in KES B:
KCB 49.1
EQTY 48.3
COOP 22.4
ABSA 16.1
NCBA 15.1
SCBK 11.7
I&M 11.6
DTB 9.8
STBC 9.3
HFCK -0.46

May I suggest you put up last year's actual numbers too. I am happy to help as are others. It helps us see where they were and headed to.

Happy New Year and keep up the good work! Applause

Happy New Year kaka. Those past results are already here within the thread, somewhere


I also wonder who is comfortable keeping their money in a loss making bank

They never experienced a bank run since mortgages are sticky. Remember they only started retail banking last year!

KQ ABP 4.26
VituVingiSana
#2421 Posted : Thursday, March 31, 2022 8:42:43 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,342
Location: Nairobi
Ericsson wrote:
Exchange Bar Q4 2021, PBT in KES B:
KCB 49.1 Actual 47.8
EQTY 48.3 Actual 51.8
COOP 22.4 Actual 22.6
ABSA 16.1 Actual 15.5
NCBA 15.1 Actual 15.03
SCBK 11.7 Actual 12.6
I&M 11.6 Actual 12.4
DTB 9.8 Actual 6.6
STBC 9.3 Actual 9.75
HFCK -0.46

I&M 2x DTB when not so long ago DTB>I&M
Similarly KCB used to make multiples of Equity but now Equity > KCB

I&M is posting similar PBT as SCBK!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#2422 Posted : Thursday, March 31, 2022 9:45:18 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Kenya Re
FInal dividend Ksh.0.1
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
My 2 cents
#2423 Posted : Thursday, March 31, 2022 9:59:41 AM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,089
VituVingiSana wrote:
Ericsson wrote:
Exchange Bar Q4 2021, PBT in KES B:
KCB 49.1 Actual 47.8
EQTY 48.3 Actual 51.8
COOP 22.4 Actual 22.6
ABSA 16.1 Actual 15.5
NCBA 15.1 Actual 15.03
SCBK 11.7 Actual 12.6
I&M 11.6 Actual 12.4
DTB 9.8 Actual 6.6
STBC 9.3 Actual 9.75
HFCK -0.46

I&M 2x DTB when not so long ago DTB>I&M
Similarly KCB used to make multiples of Equity but now Equity > KCB

I&M is posting similar PBT as SCBK!


Comparisons of PBT are problematic when banks have extremely different provisioning for bad loans. They use this to adjust PBT figures up and down depending on their motives.
My 2 cents
#2424 Posted : Thursday, March 31, 2022 10:03:23 AM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,089
Ericsson wrote:
Kenya Re
FInal dividend Ksh.0.1


K-RE has a very inconsistent dividend policy.
(Earlier years adjusted the the 4 - 1 split)


Dividend K-RE
2008 − 0.13
2009 − 0.13
2010 − 0.09
2011 − 0.09
2012 − 0.10
2013 − 0.15
2014 − 0.18
2015 − 0.19
2016 − 0.20
2017 − 0.21
2018 − 0.11
2019 − 0.10
2020 − 0.20
2021 − 0.10
Ericsson
#2425 Posted : Thursday, March 31, 2022 10:16:27 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Exchange Bar Q4 2021, PBT in KES B:
KCB 49.1 Actual 47.8
EQTY 48.3 Actual 51.8
COOP 22.4 Actual 22.6
ABSA 16.1 Actual 15.5
NCBA 15.1 Actual 15.03
SCBK 11.7 Actual 12.6
I&M 11.6 Actual 12.4
DTB 9.8 Actual 6.6
STBC 9.3 Actual 9.75
HFCK -0.46 Actual -0.664
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#2426 Posted : Thursday, March 31, 2022 11:32:51 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,342
Location: Nairobi
My 2 cents wrote:
VituVingiSana wrote:
Ericsson wrote:
Exchange Bar Q4 2021, PBT in KES B:
KCB 49.1 Actual 47.8
EQTY 48.3 Actual 51.8
COOP 22.4 Actual 22.6
ABSA 16.1 Actual 15.5
NCBA 15.1 Actual 15.03
SCBK 11.7 Actual 12.6
I&M 11.6 Actual 12.4
DTB 9.8 Actual 6.6
STBC 9.3 Actual 9.75
HFCK -0.46

I&M 2x DTB when not so long ago DTB>I&M
Similarly KCB used to make multiples of Equity but now Equity > KCB

I&M is posting similar PBT as SCBK!


Comparisons of PBT are problematic when banks have extremely different provisioning for bad loans. They use this to adjust PBT figures up and down depending on their motives.

Then what would you recommend one uses for comparison?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#2427 Posted : Thursday, March 31, 2022 1:16:59 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
Ericsson wrote:
Exchange Bar Q4 2021, PBT in KES B:
KCB 49.1 Actual 47.8
EQTY 48.3 Actual 51.8
COOP 22.4 Actual 22.6
ABSA 16.1 Actual 15.5
NCBA 15.1 Actual 15.03
SCBK 11.7 Actual 12.6
I&M 11.6 Actual 12.4
DTB 9.8 Actual 6.6
STBC 9.3 Actual 9.75
HFCK -0.46 Actual -0.664

DTB is sickly

KQ ABP 4.26
Sir invest
#2428 Posted : Thursday, March 31, 2022 4:57:49 PM
Rank: Member

Joined: 8/19/2015
Posts: 125
Use Total Interest Income Vs Total Assets.............you will know which bank is cooking books to minimize Tax liability and dividend payout.
My 2 cents
#2429 Posted : Thursday, March 31, 2022 7:22:05 PM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,089
VituVingiSana wrote:
My 2 cents wrote:
VituVingiSana wrote:
Ericsson wrote:
Exchange Bar Q4 2021, PBT in KES B:
KCB 49.1 Actual 47.8
EQTY 48.3 Actual 51.8
COOP 22.4 Actual 22.6
ABSA 16.1 Actual 15.5
NCBA 15.1 Actual 15.03
SCBK 11.7 Actual 12.6
I&M 11.6 Actual 12.4
DTB 9.8 Actual 6.6
STBC 9.3 Actual 9.75
HFCK -0.46

I&M 2x DTB when not so long ago DTB>I&M
Similarly KCB used to make multiples of Equity but now Equity > KCB

I&M is posting similar PBT as SCBK!


Comparisons of PBT are problematic when banks have extremely different provisioning for bad loans. They use this to adjust PBT figures up and down depending on their motives.


Then what would you recommend one uses for comparison?


For future growth prospects, I look at growth in customer deposits.
My 2 cents
#2430 Posted : Thursday, March 31, 2022 7:24:12 PM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,089
Sir invest wrote:
Use Total Interest Income Vs Total Assets.............you will know which bank is cooking books to minimize Tax liability and dividend payout.


Thanks for the tip.
178 Pages«<160161162163164>»
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