Wazua
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BBK FY 2013 results profit down 14%
Rank: Member Joined: 10/7/2010 Posts: 251 Location: nairobi
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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You wonder what the hurry was to release. Unless of course....these are some of the good results. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Aguytrying wrote:You wonder what the hurry was to release. Unless of course....these are some of the good results. I'm bearish banks this year except laggard NBK and CFC. And just like 2010, I expect those that announce super results to be sold... Member and KCB have already hinted at the coming sell side show. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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hisah wrote:Aguytrying wrote:You wonder what the hurry was to release. Unless of course....these are some of the good results. I'm bearish banks this year except laggard NBK and CFC. And just like 2010, I expect those that announce super results to be sold... Member and KCB have already hinted at the coming sell side show. Any performance of +17% will be good. Those two, NBK and CFC, will impress
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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Horton wrote:http://mobile.reuters.com/article/idUSL5N0LB0EG20140206?irpc=932 Down 14% I thought BBK laid off a considerably huge number of staff in the past 3 years? Or which costs are they talking about. The second thing I didn't understand is this line "cut its dividend in order to build up capital in line with the central bank's new requirements". BBK doesn't have enough capital to comply??? Is that even possible? I need to urgently sell off this stock. BBI will solve it :)
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Horton wrote:http://mobile.reuters.com/article/idUSL5N0LB0EG20140206?irpc=932 Down 14% Does 70cts include 20cts interim dvdd? The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Aguytrying wrote:You wonder what the hurry was to release. Unless of course....these are some of the good results. "Announced a final dividend of Kes.0.70 on 12-February-2013. Books closure 13-March-2013. Payment 30-May-2013." Just being consistent!!! The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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jerry wrote:Horton wrote:http://mobile.reuters.com/article/idUSL5N0LB0EG20140206?irpc=932 Down 14% Does 70cts include 20cts interim dvdd? Barclays will pay a final dividend of Sh0.50 a share to add to the Sh0.20 interim dividend pay to bring total pay-out to Sh0.70.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Is payment date 30 March 2013 or 2014
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BBK FY 2013 results profit down 14%
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