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CFC FY2014 results PBT up 7% (lacklustre)
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Pesa Nane
#41 Posted : Thursday, February 26, 2015 3:49:36 PM
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shocks wrote:
how comes cfc is unable to attract deposits, deposits barely grew. KCB grew them almost 20%

Mobile banking, Agency banking, ...
Pesa Nane plans to be shilingi when he grows up.
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heri
#42 Posted : Thursday, April 16, 2015 11:11:16 AM
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@deal, what is your take on CFC now. Please share your outlook and thoughts
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Pesa Nane
#43 Posted : Friday, April 24, 2015 12:04:14 PM
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Quote:
NOTICE OF ANNUAL GENERAL MEETING
Notice is hereby given that the Sixtieth AGM of the Members of CFC Stanbic Holdings Ltd will be held on 21 May 2015, at the Louis Leaky Memorial Hall, at the National Museum, Nairobi at 12.00 noon to transact the following business:

.........

7. To ratify the incorporation of a subsidiary company of CFC Stanbic Bank to be set up as a bancassurance business.

smile
Pesa Nane plans to be shilingi when he grows up.
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ayushnehra
#44 Posted : Sunday, May 10, 2015 12:54:04 AM
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any idea when books close? or will this be decided at AGM?
Dreams are not the thing you see in your sleep..it's the thing that doesn't let you sleep. - A.P.J. Abdul Kalam
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kryptonite
#45 Posted : Sunday, May 10, 2015 12:58:36 PM
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ayushnehra wrote:
any idea when books close? or will this be decided at AGM?



Yes, It's part of the agenda at the AGM
The harder you work, the luckier you get
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georgegop
#46 Posted : Thursday, May 21, 2015 7:12:20 PM
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Was around Westlands today over lunch hour when i remembered that Cfc Stanbic had Agm at Louis Leakey auditorium at the Museum and thot i could pop in and have some free lunch after all as a bonafide shareholder. Shareholders are asking for bonus,bonus bonus!!
Don't Work for Money, Let Money Work for You..
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uchumi
#47 Posted : Thursday, May 21, 2015 7:19:11 PM
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when are they closing the books
“I don’t regret the things I’ve done, I regret the things I didn’t do when I had the chance.”
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heri
#48 Posted : Thursday, May 21, 2015 8:23:16 PM
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georgegop wrote:
Was around Westlands today over lunch hour when i remembered that Cfc Stanbic had Agm at Louis Leakey auditorium at the Museum and thot i could pop in and have some free lunch after all as a bonafide shareholder. Shareholders are asking for bonus,bonus bonus!!


Have they released Q1 results
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georgegop
#49 Posted : Thursday, May 21, 2015 9:31:57 PM
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@uchumi the directors were non committal on when books will close. Chair Fred Ojiambo however mentioned a date of 31st August when final dividend will be paid @5.2 per share.
Don't Work for Money, Let Money Work for You..
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Pesa Nane
#50 Posted : Thursday, May 21, 2015 9:33:40 PM
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Zoomed
Pesa Nane plans to be shilingi when he grows up.
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ayushnehra
#51 Posted : Thursday, May 21, 2015 11:58:56 PM
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BOOKS CLOSURE?
Dreams are not the thing you see in your sleep..it's the thing that doesn't let you sleep. - A.P.J. Abdul Kalam
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kryptonite
#52 Posted : Friday, May 22, 2015 8:39:17 AM
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Why don't they just announce book closure? What's with the dillydallying?
The harder you work, the luckier you get
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Ericsson
#53 Posted : Friday, May 22, 2015 8:41:51 AM
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In todays newspaper they have published 2015 Q1 results.
profits before tax fell from ksh.2.172bn in Q1 2014 to ksh.1.632bn in Q1 2015
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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xxxxx
#54 Posted : Friday, May 22, 2015 8:48:21 AM
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Joined: 3/20/2008
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Ericsson wrote:
In todays newspaper they have published 2015 Q1 results.
profits before tax fell from ksh.2.172bn in Q1 2014 to ksh.1.632bn in Q1 2015


RINK???
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heri
#55 Posted : Friday, May 22, 2015 8:53:59 AM
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Ericsson wrote:
In todays newspaper they have published 2015 Q1 results.
profits before tax fell from ksh.2.172bn in Q1 2014 to ksh.1.632bn in Q1 2015


wow, such a huge drop. They have moved from very high growth in profits to such big drop!

i should have sold this share but i guess its too late to sell now
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xxxxx
#56 Posted : Friday, May 22, 2015 11:03:30 AM
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heri wrote:
Ericsson wrote:
In todays newspaper they have published 2015 Q1 results.
profits before tax fell from ksh.2.172bn in Q1 2014 to ksh.1.632bn in Q1 2015


wow, such a huge drop. They have moved from very high growth in profits to such big drop!

i should have sold this share but i guess its too late to sell now


DN or standard
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hisah
#57 Posted : Friday, May 22, 2015 11:19:34 AM
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Joined: 8/4/2010
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Ericsson wrote:
In todays newspaper they have published 2015 Q1 results.
profits before tax fell from ksh.2.172bn in Q1 2014 to ksh.1.632bn in Q1 2015

Whoa! That's 24.8% down?! If H1 maintains those readings we're talking a likely profit warning alert!?

This financial sector, watch it keenly...i
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mwekez@ji
#58 Posted : Friday, May 22, 2015 11:23:04 AM
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Joined: 5/31/2011
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xxxxx wrote:
heri wrote:
Ericsson wrote:
In todays newspaper they have published 2015 Q1 results.
profits before tax fell from ksh.2.172bn in Q1 2014 to ksh.1.632bn in Q1 2015


wow, such a huge drop. They have moved from very high growth in profits to such big drop!

i should have sold this share but i guess its too late to sell now


DN or standard


DN, pg 21
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mwekez@ji
#59 Posted : Friday, May 22, 2015 11:29:34 AM
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hisah wrote:
Ericsson wrote:
In todays newspaper they have published 2015 Q1 results.
profits before tax fell from ksh.2.172bn in Q1 2014 to ksh.1.632bn in Q1 2015

Whoa! That's 24.8% down?! If H1 maintains those readings we're talking a likely profit warning alert!?

This financial sector, watch it keenly...i


For CFC, blame the plunge in Non Interest Income. They have tried to massage the numbers by cutting loan loss provision significantly yet NPL are on the increase, not good!
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heri
#60 Posted : Friday, May 22, 2015 12:44:04 PM
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Joined: 9/14/2011
Posts: 834
Location: nairobi
mwekez@ji wrote:
hisah wrote:
Ericsson wrote:
In todays newspaper they have published 2015 Q1 results.
profits before tax fell from ksh.2.172bn in Q1 2014 to ksh.1.632bn in Q1 2015

Whoa! That's 24.8% down?! If H1 maintains those readings we're talking a likely profit warning alert!?

This financial sector, watch it keenly...i


For CFC, blame the plunge in Non Interest Income. They have tried to massage the numbers by cutting loan loss provision significantly yet NPL are on the increase, not good!



so the only thing keeping this share above 110 is the dividend. i cannot believe the paper loss considering it touched 140s
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