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Listed banks H1 results - Profits continue to grow!
youcan'tstopusnow
#21 Posted : Saturday, July 09, 2011 8:34:51 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
To also come out to make assertions that Kengen is sitting on its laurels and yet it is steadily investing in new capacity is dead wrong & mis-leading.


Find: Kengen

Replace With: Equity Bank
GOD BLESS YOUR LIFE
youcan'tstopusnow
#22 Posted : Saturday, July 09, 2011 8:37:00 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde, where did this rant come from? I've never 'seen/'heard' you being this emotional. Equity was/is/will continue to be a great investment. And you know it!
GOD BLESS YOUR LIFE
Cde Monomotapa
#23 Posted : Saturday, July 09, 2011 8:39:04 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
Cde Monomotapa wrote:
To also come out to make assertions that Kengen is sitting on its laurels and yet it is steadily investing in new capacity (geo-thermal,wind,thermal,coal,hydro) is dead wrong & mis-leading.


Find: Kengen

Replace With: Equity Bank

Haha...watch ur statutory ratios bwoy. U r up next for a capital-call. KCB? Been there, done that and already Making The Difference c/o the 12.5B Rights Issue.
youcan'tstopusnow
#24 Posted : Saturday, July 09, 2011 8:39:18 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Comrade Cde, what are you trying to tell Wazuans? That KCB will make more than Equity by the end of this year, ama even the next? I know that unlike some people (I ain't saying no names, but ask VVS) you would honour your bets. Care for a wager?
GOD BLESS YOUR LIFE
youcan'tstopusnow
#25 Posted : Saturday, July 09, 2011 8:40:32 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
But market is still going down no matter how much ANYONE makes
GOD BLESS YOUR LIFE
Cde Monomotapa
#26 Posted : Saturday, July 09, 2011 8:48:47 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
youcan'tstopusnow wrote:
[quote=Cde Monomotapa]
Replace With: Equity Bank

Haha..watch ur statutory ratios. U r up next for a capital-call. .

Could I be wrong for suspecting this as the reason for the big-boy exodus recently?
youcan'tstopusnow
#27 Posted : Saturday, July 09, 2011 9:10:15 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
youcan'tstopusnow wrote:
Comrade Cde, what are you trying to tell Wazuans? That KCB will make more than Equity by the end of this year, ama even the next? I know that unlike some people (I ain't saying no names, but ask VVS) you would honour your bets. Care for a wager?

GOD BLESS YOUR LIFE
Cde Monomotapa
#28 Posted : Saturday, July 09, 2011 9:24:32 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
U see a problem lies on Wazua that everytime that KCB is discussed, EBL pops its head. If we separate the two there won't be need for all the X-fire. OTW, me as the de-facto head promoter of KCB, I will gladly use my legal skills to appraise KCB and where needed retaliate at shots from opposition & poke holes @ their positions. Laughing out loudly
Cde Monomotapa
#29 Posted : Saturday, July 09, 2011 9:29:42 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
Cde Monomotapa wrote:
youcan'tstopusnow wrote:
[quote=Cde Monomotapa]
Replace With: Equity Bank

Haha..watch ur statutory ratios bwoy. U r up next for a capital-call. .

Could I be wrong for suspecting this as the reason for the big-boy exodus recently?

Better still I remember in 08/09 KCB couldn't grow its Balance Sheet (hence profits) due to weak statutory levels. Probably why EBL is now cautious @ lending. The Helios capital injection of 06/07 could be maxed.
youcan'tstopusnow
#30 Posted : Saturday, July 09, 2011 10:32:37 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
I take it that's a no from you on the wager. Fair enough
GOD BLESS YOUR LIFE
youcan'tstopusnow
#31 Posted : Saturday, July 09, 2011 10:36:05 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
U see a problem lies on Wazua that everytime that KCB is discussed, EBL pops its head. If we separate the two there won't be need for all the X-fire. OTW, me as the de-facto head promoter of KCB, I will gladly use my legal skills to appraise KCB and where needed retaliate at shots from opposition & poke holes @ their positions. Laughing out loudly


It's you who went ballistic...
I believe mwanahisa's thread is about all banks
GOD BLESS YOUR LIFE
Cde Monomotapa
#32 Posted : Saturday, July 09, 2011 11:08:37 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
Cde Monomotapa wrote:
U see a problem lies on Wazua that everytime that KCB is discussed, EBL pops its head. If we separate the two there won't be need for all the X-fire. OTW, me as the de-facto head promoter of KCB, I will gladly use my legal skills to appraise KCB and where needed retaliate at shots from opposition & poke holes @ their positions. Laughing out loudly


It's you who went ballistic...
I believe mwanahisa's thread is about all banks

Good enough.
Cde Monomotapa
#33 Posted : Saturday, July 09, 2011 11:10:28 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
I take it that's a no from you on the wager. Fair enough

No wagers please. And it is ok for u to ignore my point about capital.
Cde Monomotapa
#34 Posted : Saturday, July 09, 2011 11:16:31 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
With KCB's recent 40B+ in capital means we can grow our Balance Sheet to 400B (10X capital) from the current 200B*. Investors in banks have to remember that regardless of all the oppurtunities out there...ur statutory ratios have to be in compliance with CBK rules 1st. "This is not a fish market, right!!" LOL, tafakari.
Cde Monomotapa
#35 Posted : Saturday, July 09, 2011 11:30:16 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
Investors in banks have to remember that regardless of all the oppurtunities out there...ur statutory ratios have to be in compliance with CBK rules 1st. "This is not a fish market, right!!" LOL, tafakari.

Thus, it is rewarding for me to be both a lawyer & investor Laughing out loudly (LAW, BUSINESS & POLITICS - the other Trinity)
youcan'tstopusnow
#36 Posted : Saturday, July 09, 2011 11:48:08 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
youcan'tstopusnow wrote:
I take it that's a no from you on the wager. Fair enough

No wagers please. And it is ok for u to ignore my point about capital.


If a rights issue comes, they will be taken up. There's no harm in getting shares cheap. And you can bet they will be oversubscribed
GOD BLESS YOUR LIFE
Cde Monomotapa
#37 Posted : Saturday, July 09, 2011 11:53:35 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
Cde Monomotapa wrote:
youcan'tstopusnow wrote:
I take it that's a no from you on the wager. Fair enough

No wagers please. And it is ok for u to ignore my point about capital.


If a rights issue comes, they will be taken up. There's no harm in getting shares cheap. And you can bet they will be oversubscribed

"look @ how they massacred my boy (KCB share price)" => Don Corleone @ the funeral parlour. Time is money...Happy catch up on the EAC circuit smile
youcan'tstopusnow
#38 Posted : Sunday, July 10, 2011 12:06:36 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
youcan'tstopusnow wrote:
Cde Monomotapa wrote:
youcan'tstopusnow wrote:
I take it that's a no from you on the wager. Fair enough

No wagers please. And it is ok for u to ignore my point about capital.


If a rights issue comes, they will be taken up. There's no harm in getting shares cheap. And you can bet they will be oversubscribed

"look @ how they massacred my boy (KCB)" => Don Corleone @ the funeral parlour. Time is money...Happy catch up on the EAC circuit smile


Cde, check out between Equity and KCB who made more from EAC. Then tell me who is playing catch up here
GOD BLESS YOUR LIFE
youcan'tstopusnow
#39 Posted : Sunday, July 10, 2011 12:09:53 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
If time is money, KCB should be making tens and tens of billions in profit as they have been around for a long long long time

"The history of KCB dates back to 1896 when its predecessor, the National Bank of India opened an outlet in Mombasa. Eight years later in 1904, the Bank extended its operations to Nairobi, which had become the Headquarters of the expanding railway line to Uganda.

The next major change in the Bank’s history came in 1958. Grindlays Bank merged with the National Bank of India to form the National and Grindlays Bank.

Upon independence the Government of Kenya acquired 60% shareholding in National & Grindlays Bank in an effort to bring banking closer to the majority of Kenyans. In 1970, the Government acquired 100% of the shares to take full control of the largest commercial bank in Kenya. National and Grindlays Bank was renamed Kenya Commercial Bank."


Just what the hell have they been doing all these years? Equity zoomed past them in no time.
GOD BLESS YOUR LIFE
youcan'tstopusnow
#40 Posted : Sunday, July 10, 2011 12:12:59 AM
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Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
youcan'tstopusnow wrote:


Just what the hell have they been doing all these years?

GOD BLESS YOUR LIFE
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