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KCB 2018 and Beyond
Ericsson
#281 Posted : Thursday, May 16, 2019 1:54:13 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI


Acquisition to be completed in October 2019.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#282 Posted : Monday, May 20, 2019 2:03:28 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Share price has been excited today,
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Marthegorgeous
#283 Posted : Monday, May 20, 2019 3:16:14 PM
Rank: New-farer

Joined: 12/16/2009
Posts: 34
Location: NAIROBI
KCB is a screaming buy @ 36-37!!!
obiero
#284 Posted : Monday, May 20, 2019 6:53:28 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
Marthegorgeous wrote:
KCB is a screaming buy @ 36-37!!!

Goes without saying

KQ ABP 4.26
Ericsson
#285 Posted : Wednesday, May 22, 2019 4:04:25 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
KCB Q1 2019 profit before tax grew by 13.5% from ksh.7.484bn to 8.496bn
KCB Q1 profit after tax grew by 11% to ksh.5.8bn
Total assets grew by 12% to ksh.725.7bn
Customer deposits grew by 11% to ksh.552bn from 496bn
Loans and advances grew by 11%
Interest income grew by 7%
Interest expense declined by 4%
Fees and commissions grew by 12%
Total income grew by 11% to ksh.18.8 bn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#286 Posted : Wednesday, May 22, 2019 4:35:57 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
Ericsson wrote:
KCB Q1 profit after tax grew by 11% to ksh.5.8bn
Total assets grew by 12% to ksh.725.7bn
Customer deposits grew by 11% to ksh.552bn from 496bn
Loans and advances grew by 11%
Interest income grew by 7%
Interest expense declined by 4%
Fees and commissions grew by 12%
Total income grew by 11% to ksh.18.8 bn

Wewe weka PBT..

KQ ABP 4.26
Ericsson
#287 Posted : Wednesday, May 22, 2019 7:24:09 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
obiero wrote:
Ericsson wrote:
KCB Q1 profit after tax grew by 11% to ksh.5.8bn
Total assets grew by 12% to ksh.725.7bn
Customer deposits grew by 11% to ksh.552bn from 496bn
Loans and advances grew by 11%
Interest income grew by 7%
Interest expense declined by 4%
Fees and commissions grew by 12%
Total income grew by 11% to ksh.18.8 bn

Wewe weka PBT..

Ammended and put the PBT
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#288 Posted : Thursday, May 23, 2019 4:39:05 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
The International Finance Corporation (IFC) and KCB Group are financing part of National Cement’s Sh5 billion bid for ARM Cement’s Kenyan operations.

National Cement, which is buying ARM out of bankruptcy, has lined up a mix of debt and its own funds to fund the transaction.

“We can fund half the deal (Sh2.5 billion) from our own cash flows. The balance we will get from IFC and KCB,” Narendra Raval, the chairman and major shareholder of National Cement, told the Business Daily.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#289 Posted : Friday, June 07, 2019 8:25:06 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Waiting for share price to fall to 36 before HY 2019 results to load more.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Horton
#290 Posted : Friday, June 07, 2019 9:34:46 PM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Ericsson wrote:
Waiting for share price to fall to 36 before HY 2019 results to load more.


U reckon it will fall that low? I’m already loading pole pole
80 Pages«<2728293031>»
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