wazua Fri, Mar 27, 2026
Welcome Guest Search | Active Topics | Log In

4 Pages<1234>
KCB FY 2013 profit before tax up 17%
Ericsson
#21 Posted : Thursday, February 27, 2014 1:30:04 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
Website is down/unreachable
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#22 Posted : Thursday, February 27, 2014 1:31:05 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
mkonomtupu wrote:
Dividend yield of 4.4% at current price of45/-, it's like putting money in a bank account
Not if one is borrowing at 18%
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mkonomtupu
#23 Posted : Thursday, February 27, 2014 1:32:23 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
Ericsson wrote:
@mkonomtupu;hw many companies have a yield of more than 5.
they are less than 5


Then I think its time to cut back on equity and start looking at bonds
mkonomtupu
#24 Posted : Thursday, February 27, 2014 1:37:32 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
VituVingiSana wrote:
mkonomtupu wrote:
Dividend yield of 4.4% at current price of45/-, it's like putting money in a bank account
Not if one is borrowing at 18%


That's why i'm staying put in the money market 9-10% yield and the capital is preserved...only eurobond will smoke me out
the deal
#25 Posted : Thursday, February 27, 2014 1:54:13 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
muganda wrote:
So the controversy brewing online, KCB chose to frown on CBK's demanding NPL provisions as they were more stringent than IFRS and may have resulted in a 4.3bn charge to Profit & Loss, making a tidy picture less rosy.

So on this slide in the presentation, they went to great lengths to explain how they are moving the provision to the balance sheet Statuory Loan Reserve, instead of the profit-loss statement.



Comment by former CEO of SBG Securities

When times are tough..employ some accounting wizardry to beat your opponent Laughing out loudly Laughing out loudly Laughing out loudly
Ericsson
#26 Posted : Thursday, February 27, 2014 2:04:48 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
Is Equity Bank announcing the FY2013 results today at 3pm
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Aguytrying
#27 Posted : Thursday, February 27, 2014 2:07:36 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Why is everyone ignoring south sudan effects on KCB, KCB should at the very least mention the effect (amounts of assets and effect on future growth) on the business.

Good results though.
The investor's chief problem - and even his worst enemy - is likely to be himself
jerry
#28 Posted : Thursday, February 27, 2014 2:10:08 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
mkonomtupu wrote:
Ericsson wrote:
@mkonomtupu;hw many companies have a yield of more than 5.
they are less than 5


Then I think its time to cut back on equity and start looking at bonds

What about capital gains! Do we have as much excitement in bonds?
The opposite of courage is not cowardice, it's conformity.
guru267
#29 Posted : Thursday, February 27, 2014 4:50:03 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Aguytrying wrote:
Why is everyone ignoring south sudan effects on KCB, KCB should at the very least mention the effect (amounts of assets and effect on future growth) on the business.

Good results though.


There was no effect from South Sudan!
Mark 12:29
Deuteronomy 4:16
Jamani
#30 Posted : Friday, February 28, 2014 9:25:45 AM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
Kenya Commercial Bank gives bonus to shareholders after 17 pc profit jump
4 Pages<1234>
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.