obiero wrote:H1 2023 PBT
EQTY 34.1
KCB 32.2
COOP 18
ABSA 9.6
SCBK 9.3
NCBA 8.8
I&M 7.1
STBC 6.6
DTB 5.2
HF 0.19
From ABSA going downwards those projections are fake.
Absa Q1 PBT was ksh.6.5bn,how then does HY become ksh.9.6
Similarly for NCBA,Stanbic,Stanchart etc.
Looks like guesswork with no fundamentals being done here.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle