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DTK Material Announcement
Rank: Member Joined: 4/30/2007 Posts: 92
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Anyone in the know of the details of the announcement?
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Rank: Member Joined: 4/30/2007 Posts: 92
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Where can i get historical data on this share?May be a website with graphs...etc
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Rank: Chief Joined: 1/3/2007 Posts: 18,221 Location: Nairobi
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The scan sent by NSE ni bure kabisa! That said seem DTBK has done very well even without huge bond income! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 3/2/2007 Posts: 8,776 Location: Cameroon
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Waiting.... TULIA.........UFUNZWE!
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Rank: Chief Joined: 1/3/2007 Posts: 18,221 Location: Nairobi
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http://www.businessweek....ly-profit-rises-63-.htmlGreedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 4/30/2007 Posts: 92
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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Rank: Elder Joined: 10/13/2009 Posts: 1,950 Location: in kenya
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VituVingiSana wrote:The scan sent by NSE ni bure kabisa! That said seem DTBK has done very well even without huge bond income!  I have given up I cant see a thing. '......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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Rank: Veteran Joined: 6/17/2009 Posts: 1,621
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Half year will give a better picture,it is the second quarter where the bond trading income shot up last year.Performance equivalent to first quarter for the rest of the year will see flat results full year compared to the last.Interest income growth though is good.
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Rank: Veteran Joined: 5/24/2010 Posts: 846 Location: KENYA
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The market has rewarded this one 
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Diamond Trust Bank 1Q 2011 Earnings Analysis Kenya's Diamond Trust Bank said on Monday pretax profit for the three months ended March rose 64 percent to 879.51 million Kenya shillings. Its net interest income rose to 1.36 billion shillings from 1.04 billion shillings in the same period in 2010, the bank said in its unaudited financial statement.The bank, which also operates in Burundi, Tanzania and Uganda, said total assets rose 23 percent to 88.5 billion shillings, while its basic earnings per share jumped to 3.19 shillings from 2.00 shillings. Commentary Strong results from DTB, the local banks have really laid the foundation during the 1Q of 2011, it remains to be seen if their foreign counterparts will be able to reciprocate this kind of performance, EPS now at Ksh 3.19 in 1Q 2011 that gives a forward EPS of 12.76 if they maintain this kind of growth momentum through out the year from that we can derive the forward PE for full year 2011 as 11.28 based on today's closing price of Ksh 144, which is a fair price to me. Entire article here http://contrarianinvesti...nk-1q-2011-earnings.html
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Rank: Member Joined: 12/11/2006 Posts: 896
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Where are the experts who said banks wont make you money in 2011. “Invest in yourself. Your career is the engine of your wealth.”
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Rank: Chief Joined: 1/3/2007 Posts: 18,221 Location: Nairobi
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ngapat wrote:Where are the experts who said banks wont make you money in 2011. Were they talking about PROFITS or Share Prices? e.g. firms I like & invested real money in have increased profits but not share prices!!! e.g. KenolKobil - Higher profits announced & 1H 2011 is tough but PAT expects to grow. Share price? 9.40...!!! KQ - I expect higher 2010-11 PAT announcement BUT price is anemic [also 2011 will be tougher] Unga - Higher 1H 2010-11 PAT but price is 9.50 [hasn't risen] And so on... The market is 'cheap' for many stocks i.e. profits are good but people are worried about high oil prices, inflation, 2012, etc! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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The results are indeed impressive. Unreadable from nse's pdf. Though i managed to note that other income of Q1 2011 is marginally higher than that of 2010 Q1, meaning the time the huge gains were made last year, is yet to start "reflecting" in this FY. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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[quote=the deal]Diamond Trust Bank 1Q 2011 Earnings Analysis Kenya's Diamond Trust Bank said on Monday pretax profit for the three months ended March rose 64 percent to 879.51 million Kenya shillings. Its net interest income rose to 1.36 billion shillings from 1.04 billion shillings in the same period in 2010, the bank said in its unaudited financial statement.The bank, which also operates in Burundi, Tanzania and Uganda, said total assets rose 23 percent to 88.5 billion shillings, while its basic earnings per share jumped to 3.19 shillings from 2.00 shillings. Commentary Strong results from DTB, the local banks have really laid the foundation during the 1Q of 2011, it remains to be seen if their foreign counterparts will be able to reciprocate this kind of performance, EPS now at Ksh 3.19 in 1Q 2011 that gives a forward EPS of 12.76 if they maintain this kind of growth momentum through out the year from that we can derive an annualized PE of 11.28 at today's closing price of Ksh 144, which is a fair price to me. Entire article here http://contrarianinvesti...k-1q-2011-earnings.html[/quote] Please explain to me how you have derived annualised PE of 11.28. and while at it(or you could always tell me to bounce to investopedia, but really), what is the diff btn basic and diluted eps? The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Aguytrying wrote:[quote=the deal]
Diamond Trust Bank 1Q 2011 Earnings Analysis
Kenya's Diamond Trust Bank said on Monday pretax profit for the three
months ended March rose 64 percent to 879.51 million Kenya shillings.
Its net interest income rose to 1.36 billion shillings from 1.04
billion shillings in the same period in 2010, the bank said in its
unaudited financial statement.The bank, which also operates in
Burundi, Tanzania and Uganda, said total assets rose 23 percent to
88.5 billion shillings, while its basic earnings per share jumped to
3.19 shillings from 2.00 shillings.
Commentary
Strong results from DTB, the local banks have really laid the foundation during the 1Q of 2011, it remains to be seen if their foreign counterparts will be able to reciprocate this kind of performance, EPS now at Ksh 3.19 in 1Q 2011 that gives a forward EPS of 12.76 if they maintain this kind of growth momentum through out the year from that we can derive the forward PE for full year 2011 as 11.28 based on today's closing price of Ksh 144, which is a fair price to me.
Please explain to me how you have derived annualised PE of 11.28. and while at it(or you could always tell me to bounce to investopedia, but really), what is the diff btn basic and diluted eps?
@Aguy there was a typo..sorry..it has been rectified..well FY EPS of 12.76 is an estimate(3.19x4=12.76)..diluted EPS includes other shares i.e ESOPS...etc...always use diluted EPS...this might help http://stocks.about.com/...luatingstocks/a/eps1.htm
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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the deal wrote:[quote=Aguytrying][quote=the deal]
Diamond Trust Bank 1Q 2011 Earnings Analysis
Kenya's Diamond Trust Bank said on Monday pretax profit for the three
months ended March rose 64 percent to 879.51 million Kenya shillings.
Its net interest income rose to 1.36 billion shillings from 1.04
billion shillings in the same period in 2010, the bank said in its
unaudited financial statement.The bank, which also operates in
Burundi, Tanzania and Uganda, said total assets rose 23 percent to
88.5 billion shillings, while its basic earnings per share jumped to
3.19 shillings from 2.00 shillings.
Commentary
Strong results from DTB, the local banks have really laid the foundation during the 1Q of 2011, it remains to be seen if their foreign counterparts will be able to reciprocate this kind of performance, EPS now at Ksh 3.19 in 1Q 2011 that gives a forward EPS of 12.76 if they maintain this kind of growth momentum through out the year from that we can derive the forward PE for full year 2011 as 11.28 based on today's closing price of Ksh 144, which is a fair price to me.
Please explain to me how you have derived annualised PE of 11.28. and while at it(or you could always tell me to bounce to investopedia, but really), what is the diff btn basic and diluted eps?
@Aguy there was a typo..sorry..it has been rectified..well FY EPS of 12.76 is an estimate(3.19x4=12.76)..diluted EPS includes other shares i.e ESOPS...etc...always use diluted EPS...this might help http://stocks.about.com/...uatingstocks/a/eps1.htm[/quote] I dint mean the spelling actually, i naturally knew you meant forward p.e. but really how did you come up with forward pe of 11.28. If you divided 144 by 12.76 that would be inaccurate, would be better to use last years eps of 11. I say this coz the annualised p.e of 12.76 is already causing price movement, while the share was at 144 riding on last years diluted eps of 11. Its also a bit complicated because we dont know what it would be trading at was it not cum div. regards. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 6/21/2010 Posts: 514 Location: Nairobi
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ngapat wrote:Where are the experts who said banks wont make you money in 2011. Q2 is where the truth will come out. Rise in inflation (double digit) & rise in interest rates came nearly at the end of Q1 & will be truly felt in Q2 'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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erifloss wrote:ngapat wrote:Where are the experts who said banks wont make you money in 2011. Q2 is where the truth will come out. Rise in inflation (double digit) & rise in interest rates came nearly at the end of Q1 & will be truly felt in Q2 they are right here .  loest http://www.businessdaily...on/-/bxpy01/-/index.html
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Dear wazuans, On the fy yr results it says book closure for both the dividend and bonus shares is on 20th May, it further goes to say that the register will be closed for bonus shares from 20th to 27th May both days inclusive. 1) does it mean if i sell my shares btn 20-27 that i will not get my bonus shares? 2) How long does it normally take for bonus shares to be factored into cdsc accounts? estimate from experience. thanks The investor's chief problem - and even his worst enemy - is likely to be himself
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