Wazua
»
Investor
»
Stocks
»
Portfolio Balancing: Avoid Over Exposure To Financial Sector
Rank: Elder Joined: 6/23/2009 Posts: 13,591 Location: nairobi
|
Ericsson wrote:obiero wrote:It was written NCBA is a star 31st on the NSE in terms of year-to-date performance
COOP 140,000 ABP 15.75; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,591 Location: nairobi
|
obiero wrote:Ericsson wrote:obiero wrote:It was written NCBA is a star 31st on the NSE in terms of year-to-date performance HF, STBC and then NCBA
COOP 140,000 ABP 15.75; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,591 Location: nairobi
|
Equity Q3 2024 PBT 51B
COOP 140,000 ABP 15.75; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,330 Location: Masada
|
obiero wrote:Equity Q3 2024 PBT 51B Eti? Weuh Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,591 Location: nairobi
|
Impunity wrote:obiero wrote:Equity Q3 2024 PBT 51B Eti? Weuh https://www.citizen.digi...th-pretax-profit-n352817
COOP 140,000 ABP 15.75; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,743 Location: NAIROBI
|
Financial sector is now the star of the NSE. Record profits and record dividends Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,591 Location: nairobi
|
Ericsson wrote:Financial sector is now the star of the NSE.
Record profits and record dividends Record NPL too
COOP 140,000 ABP 15.75; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,743 Location: NAIROBI
|
obiero wrote:Ericsson wrote:Financial sector is now the star of the NSE.
Record profits and record dividends Record NPL too Safaricom good days are over Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,591 Location: nairobi
|
Ericsson wrote:obiero wrote:Ericsson wrote:Financial sector is now the star of the NSE.
Record profits and record dividends Record NPL too Safaricom good days are over Financial stock valuations are getting out of hand. Stay alert. Do not be left naked when the water recedes
COOP 140,000 ABP 15.75; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,150 Location: Nairobi
|
I&M Interim Dividend has checked in KPLC 31 Jan 2025 There may be some small payments hapo na pale but it will be relatively quiet until April. EABL will likely have an interim. BAT will have a final DPS. Banks will have Final dividends. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,743 Location: NAIROBI
|
VituVingiSana wrote:I&M Interim Dividend has checked in
KPLC 31 Jan 2025
There may be some small payments hapo na pale but it will be relatively quiet until April.
EABL will likely have an interim.
BAT will have a final DPS.
Banks will have Final dividends. Kengen may emulate Kplc and issue an interim dividend. Safaricom interim dividend Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Veteran Joined: 11/13/2015 Posts: 1,606
|
Kenyan banks are going to have "come to Jesus" moment very soon.
With a lot of dumb money banks are packing excess reserves with CBK while the real economy is demand constrained.
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,743 Location: NAIROBI
|
wukan wrote:Kenyan banks are going to have "come to Jesus" moment very soon.
With a lot of dumb money banks are packing excess reserves with CBK while the real economy is demand constrained.
It's tough. Non-performing loans is a pain in the banking sector. Government honouring pending bills and reducing its appetite for borrowing is what is needed more than the cosmetic reduction in CBR Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,150 Location: Nairobi
|
Ericsson wrote:wukan wrote:Kenyan banks are going to have "come to Jesus" moment very soon.
With a lot of dumb money banks are packing excess reserves with CBK while the real economy is demand constrained.
It's tough. Non-performing loans is a pain in the banking sector. Government honouring pending bills and reducing its appetite for borrowing is what is needed more than the cosmetic reduction in CBR CBR should have been reduced 100bps minimum. The CRR cut is meaningless for most banks. Banks will limit lending to businesses if their view of the economy going forward is negative. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Veteran Joined: 11/13/2015 Posts: 1,606
|
VituVingiSana wrote:
CBR should have been reduced 100bps minimum.
The CRR cut is meaningless for most banks. Banks will limit lending to businesses if their view of the economy going forward is negative.
Even 2017-2022 when the CBR was in single digits banks were not lending in any significant way. If they were lending it mostly with an eye towards collateral. I know you enjoy a lot of dividends from banks but the time for them to trim fat is coming.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,150 Location: Nairobi
|
wukan wrote:VituVingiSana wrote:
CBR should have been reduced 100bps minimum.
The CRR cut is meaningless for most banks. Banks will limit lending to businesses if their view of the economy going forward is negative.
Even 2017-2022 when the CBR was in single digits banks were not lending in any significant way. If they were lending it mostly with an eye towards collateral. I know you enjoy a lot of dividends from banks but the time for them to trim fat is coming. I agree they should get lean and mean. One has to be selective. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,743 Location: NAIROBI
|
VituVingiSana wrote:wukan wrote:VituVingiSana wrote:
CBR should have been reduced 100bps minimum.
The CRR cut is meaningless for most banks. Banks will limit lending to businesses if their view of the economy going forward is negative.
Even 2017-2022 when the CBR was in single digits banks were not lending in any significant way. If they were lending it mostly with an eye towards collateral. I know you enjoy a lot of dividends from banks but the time for them to trim fat is coming. I agree they should get lean and mean. One has to be selective. State to borrow more domestically signalling higher lending rates and crowding out of private sector Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,150 Location: Nairobi
|
Ericsson wrote:VituVingiSana wrote:wukan wrote:VituVingiSana wrote:
CBR should have been reduced 100bps minimum.
The CRR cut is meaningless for most banks. Banks will limit lending to businesses if their view of the economy going forward is negative.
Even 2017-2022 when the CBR was in single digits banks were not lending in any significant way. If they were lending it mostly with an eye towards collateral. I know you enjoy a lot of dividends from banks but the time for them to trim fat is coming. I agree they should get lean and mean. One has to be selective. State to borrow more domestically signalling higher lending rates and crowding out of private sector Unless there is a miracle, we strike oil or gold in a meaningful way, we are screwed in the long-term at this rate. Getting Ghana vibes. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Veteran Joined: 11/13/2015 Posts: 1,606
|
VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:wukan wrote:VituVingiSana wrote:
CBR should have been reduced 100bps minimum.
The CRR cut is meaningless for most banks. Banks will limit lending to businesses if their view of the economy going forward is negative.
Even 2017-2022 when the CBR was in single digits banks were not lending in any significant way. If they were lending it mostly with an eye towards collateral. I know you enjoy a lot of dividends from banks but the time for them to trim fat is coming. I agree they should get lean and mean. One has to be selective. State to borrow more domestically signalling higher lending rates and crowding out of private sector Unless there is a miracle, we strike oil or gold in a meaningful way, we are screwed in the long-term at this rate. Getting Ghana vibes. Yes, the Ghana vibes are there. Yet, we could have played this differently to rebalance the economy towards the private sector. If only banks/fund managers played ball but most of them didn't have well positioned books to take advantage of the macros last year (apart from SCBK & Liberty). Agility is the key word. We are not seeing it in the results so far
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,150 Location: Nairobi
|
wukan wrote:VituVingiSana wrote:Ericsson wrote:VituVingiSana wrote:wukan wrote:VituVingiSana wrote:
CBR should have been reduced 100bps minimum.
The CRR cut is meaningless for most banks. Banks will limit lending to businesses if their view of the economy going forward is negative.
Even 2017-2022 when the CBR was in single digits banks were not lending in any significant way. If they were lending it mostly with an eye towards collateral. I know you enjoy a lot of dividends from banks but the time for them to trim fat is coming. I agree they should get lean and mean. One has to be selective. State to borrow more domestically signalling higher lending rates and crowding out of private sector Unless there is a miracle, we strike oil or gold in a meaningful way, we are screwed in the long-term at this rate. Getting Ghana vibes. Yes, the Ghana vibes are there. Yet, we could have played this differently to rebalance the economy towards the private sector. If only banks/fund managers played ball but most of them didn't have well positioned books to take advantage of the macros last year (apart from SCBK & Liberty). Agility is the key word. We are not seeing it in the results so far When the macros are poor, you have to be defensive. GoK needs to get out of the business of Business. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Wazua
»
Investor
»
Stocks
»
Portfolio Balancing: Avoid Over Exposure To Financial Sector
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.
|