obiero wrote:DtheK wrote:Proposal to increase KE banks core capital to 10B by 2027(potential for more cash calls)
Britam has loaned to HFCK at 20%.
There are other cheap banks with sufficient even excess capital(therefore dividends).
A pass. Admire Obiero's conviction though.
Tomorrow, a profit announcement is delivered KES 460m PBT, 77% growth YoY
There is probably a single Equity branch that made more than 460mn PAT
HF will really need to ramp up its profits to have the same EPS pre-Rights. I hope it does.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett