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BBK FY 2013 results profit down 14%
madebe
#1 Posted : Thursday, February 06, 2014 9:03:43 AM
Rank: Member

Joined: 10/7/2010
Posts: 251
Location: nairobi
Ziko?
Horton
#2 Posted : Thursday, February 06, 2014 9:31:22 AM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Aguytrying
#3 Posted : Thursday, February 06, 2014 9:38:43 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
You wonder what the hurry was to release. Unless of course....these are some of the good results.Sad Sad
The investor's chief problem - and even his worst enemy - is likely to be himself
hisah
#4 Posted : Thursday, February 06, 2014 9:55:46 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Aguytrying wrote:
You wonder what the hurry was to release. Unless of course....these are some of the good results.Sad Sad

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!
mwekez@ji
#5 Posted : Thursday, February 06, 2014 10:29:23 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
hisah wrote:
Aguytrying wrote:
You wonder what the hurry was to release. Unless of course....these are some of the good results.Sad Sad

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 smile
2012
#6 Posted : Thursday, February 06, 2014 10:37:49 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
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
:)
jerry
#7 Posted : Thursday, February 06, 2014 10:44:01 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
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.
jerry
#8 Posted : Thursday, February 06, 2014 10:50:16 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Aguytrying wrote:
You wonder what the hurry was to release. Unless of course....these are some of the good results.Sad Sad

"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.
Jamani
#9 Posted : Thursday, February 06, 2014 12:50:36 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
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.
streetwise
#10 Posted : Thursday, February 06, 2014 1:22:19 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Is payment date 30 March 2013 or 2014
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