wazua Fri, Apr 3, 2026
Welcome Guest Search | Active Topics | Log In

19 Pages<12345>»
KCB 2011 FYR: Roars above other banks Dividend 1.85
githundi
#21 Posted : Thursday, March 01, 2012 7:09:24 PM
Rank: Veteran

Joined: 11/19/2010
Posts: 1,308
Location: nairobi metropolitan
The committee investigating the fall of the shilling named Kcb at the top of the pile as it had borrowed a whopping 148 b in 2011, a fifth of the total borrowed by all the banks through cbk discount window. It seems the great results are attributable to this and cost cutting. O.w Martin and the board have delivered.
Democracy does not belong to the dead
kizee1
#22 Posted : Thursday, March 01, 2012 7:23:53 PM
Rank: Member

Joined: 9/29/2010
Posts: 679
Location: nairobi
dunkang wrote:
This must be money made from the USD/KES scandal, just imagining how much Member will make since it was at the heart of it!

MEBA is plankton in the kenyan FX market, i think even I&M are a bigger player than them
githundi
#23 Posted : Thursday, March 01, 2012 8:29:36 PM
Rank: Veteran

Joined: 11/19/2010
Posts: 1,308
Location: nairobi metropolitan
githundi wrote:
The committee investigating the fall of the shilling named Kcb at the top of the pile as it had borrowed a whopping 148 b in 2011, a fifth of the total borrowed by all the banks through cbk discount window. It seems the great results are attributable to this and cost cutting. O.w Martin and the board have delivered.

http://www.nation.co.ke/.../-/12af752z/-/index.html
Democracy does not belong to the dead
dunkang
#24 Posted : Thursday, March 01, 2012 9:28:56 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
kizee1 wrote:
dunkang wrote:
This must be money made from the USD/KES scandal, just imagining how much Member will make since it was at the heart of it!

MEBA is plankton in the kenyan FX market, i think even I&M are a bigger player than them


Sir! You are very very very Wrong on this one!
Receive with simplicity everything that happens to you.” ― Rashi

mlennyma
#25 Posted : Thursday, March 01, 2012 10:02:32 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
The passing of the finance bill will open a dangerous error for banks...am watching to quit.
"Don't let the fear of losing be greater than the excitement of winning."
the deal
#26 Posted : Thursday, March 01, 2012 10:08:07 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
NEW POST: One can’t argue with this numbers, my only worry is that this kind of growth momentum will not be sustained for the next 2-3 years considering that it’s coming off a period in which the bank’s balance sheet was injected with almost Sh20 Billion of capital. The bank is less capitalized compared to Barclays Bank Kenya for example but on a PE of 5.5 and a dividend yield of 9% I rate KCB accumulate with a price target of Sh25 attainable within one year.

LINK http://www.contrarianinv...011-earnings-my-analysis
Aguytrying
#27 Posted : Thursday, March 01, 2012 10:14:21 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
LOAAAAAAR!!!!!!

ITS OUR TIME TO EAT.
The investor's chief problem - and even his worst enemy - is likely to be himself
mukiha
#28 Posted : Friday, March 02, 2012 7:54:53 AM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
dunkang wrote:
This must be money made from the USD/KES scandal, just imagining how much Member will make since it was at the heart of it!



githundi wrote:
githundi wrote:
The committee investigating the fall of the shilling named Kcb at the top of the pile as it had borrowed a whopping 148 b in 2011, a fifth of the total borrowed by all the banks through cbk discount window. It seems the great results are attributable to this and cost cutting. O.w Martin and the board have delivered.

http://www.nation.co.ke/...-/12af752z/-/index.html[/quote]



dunkang wrote:
kizee1 wrote:
[quote=dunkang]This must be money made from the USD/KES scandal, just imagining how much Member will make since it was at the heart of it!

MEBA is plankton in the kenyan FX market, i think even I&M are a bigger player than them


Sir! You are very very very Wrong on this one!


Don't base your argument on rumours from idiot MPs. Look at the AUDITED results...

Item number 6.3 in the P&L is "Foreign exchange trading income"

2010 = Sh2.775b
2011 = Sh3.608b

Now can you attribute that increment to the "USD/KES Scandal"?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
kizee1
#29 Posted : Friday, March 02, 2012 9:09:48 AM
Rank: Member

Joined: 9/29/2010
Posts: 679
Location: nairobi
dunkang wrote:
kizee1 wrote:
dunkang wrote:
This must be money made from the USD/KES scandal, just imagining how much Member will make since it was at the heart of it!

MEBA is plankton in the kenyan FX market, i think even I&M are a bigger player than them


Sir! You are very very very Wrong on this one!


am i? please prove me wrong, top 5 names in fx are
1. bbk
2. stanchart
3.kcb/citi
5. cfc stanbic..MEBA makes most of its FX income from sudan, prove otherwise
selah
#30 Posted : Friday, March 02, 2012 9:58:22 AM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
The interest rate started rising in Dec the last month of Banks FY...Now KCB has produced some very starling results Although it borrowed 8B to icrease its liquidity during the period.

Q1 will be very decisive in knowing how the rise in interest rates have impacted the banking industry especially the massive losses on Bonds and Liquidity issues that might result from the high cost of funds.

The strengthening of the KSh. might hit the banks who were holding the dollar if they did take the advantage of the swing.

'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
19 Pages<12345>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.