Wazua
»
Investor
»
Stocks
»
Portfolio Balancing: Avoid Over Exposure To Financial Sector
Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
|
Angelica _ann wrote:MaichBlack wrote:Yet the same banks reported overall profit growth in the same half year under review. This writing has been there for over 10+ years, yet we keep going  Moving strong 😄
KQ ABP 4.26
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
|
obiero wrote:VituVingiSana wrote:obiero wrote:Standard Chartered bank reports a massive 21% decline in after tax profit and to make it more horrifying its revenue has declined by a whooping 15%. Watch and learn And yet it's lower expected PAT for FY2025 is higher than HF's market cap. #Lanes Comparing HF to SCBK is like comparing someone in ICU to another who has passed on. It should not be done In your analogy, I take it HF ni maiti coz SCBK is sending me 8/- in 2 months with even more in 8 months! When will HF send you a dividend?  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
|
VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Standard Chartered bank reports a massive 21% decline in after tax profit and to make it more horrifying its revenue has declined by a whooping 15%. Watch and learn And yet it's lower expected PAT for FY2025 is higher than HF's market cap. #Lanes Comparing HF to SCBK is like comparing someone in ICU to another who has passed on. It should not be done In your analogy, I take it HF ni maiti coz SCBK is sending me 8/- in 2 months with even more in 8 months! When will HF send you a dividend? Mzee wangu, memory is letting you down. I got a 183% return on HFC and sold my entire holding in January 2025 http://m.wazua.co.ke/for...ts&t=18276&p=124
KQ ABP 4.26
|
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,833
|
Angelica _ann wrote:MaichBlack wrote:Yet the same banks reported overall profit growth in the same half year under review. This writing has been there for over 10+ years, yet we keep going Some people already recouped their capital outlay through dividends or are almost there not to mention the capital gains so far and story is still the same!! And you wonder what the alternative should be. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
|
obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:[quote=obiero]Standard Chartered bank reports a massive 21% decline in after tax profit and to make it more horrifying its revenue has declined by a whooping 15%. Watch and learn And yet it's lower expected PAT for FY2025 is higher than HF's market cap. #Lanes Comparing HF to SCBK is like comparing someone in ICU to another who has passed on. It should not be done In your analogy, I take it HF ni maiti coz SCBK is sending me 8/- in 2 months with even more in 8 months! When will HF send you a dividend? Mzee wangu, memory is letting you down. I got a 183% return on HFC and sold my entire holding in January 2025 http://m.wazua.co.ke/for...s&t=18276&p=124[/quote]  Glad you cashed in. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
|
Angelica _ann wrote:MaichBlack wrote:Yet the same banks reported overall profit growth in the same half year under review. This writing has been there for over 10+ years, yet we keep going As is banks were making too much in FX. They need to work on volumes and products not spreads. The uptick in FDI, if any, should help banks make more from FX. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
|
True. A reality check
KQ ABP 4.26
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
|
|
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,833
|
Wah!!! This is very serious! You mean after the value of assests held by banks grew by a mere 17.6% in 2023, in 2024 it dropped by a massive 1.6%!!?? And what's even more horrifying, there is a point before the 6!!! People really need to avoid over exposure to the growing banks profitability and dividends!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
|
MaichBlack wrote:Wah!!! This is very serious! You mean after the value of assests held by banks grew by a mere 17.6% in 2023, in 2024 it dropped by a massive 1.6%!!?? And what's even more horrifying, there is a point before the 6!!! People really need to avoid over exposure to the growing banks profitability and dividends!!! That's FX. KES/USD from 130 to 160 hence the gains in (FX) assets in KES terms. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,833
|
VituVingiSana wrote:MaichBlack wrote:Wah!!! This is very serious! You mean after the value of assests held by banks grew by a mere 17.6% in 2023, in 2024 it dropped by a massive 1.6%!!?? And what's even more horrifying, there is a point before the 6!!! People really need to avoid over exposure to the growing banks profitability and dividends!!! That's FX. KES/USD from 130 to 160 hence the gains in (FX) assets in KES terms. Am being sarcastic. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
|
MaichBlack wrote:VituVingiSana wrote:MaichBlack wrote:Wah!!! This is very serious! You mean after the value of assests held by banks grew by a mere 17.6% in 2023, in 2024 it dropped by a massive 1.6%!!?? And what's even more horrifying, there is a point before the 6!!! People really need to avoid over exposure to the growing banks profitability and dividends!!! That's FX. KES/USD from 130 to 160 hence the gains in (FX) assets in KES terms. Am being sarcastic. Hehe. Yaani even sarcasm imekuwa shida kudeliver. Anywho https://x.com/kasiva_mut...1957726884361388293?s=19
KQ ABP 4.26
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
|
obiero wrote:MaichBlack wrote:VituVingiSana wrote:MaichBlack wrote:Wah!!! This is very serious! You mean after the value of assests held by banks grew by a mere 17.6% in 2023, in 2024 it dropped by a massive 1.6%!!?? And what's even more horrifying, there is a point before the 6!!! People really need to avoid over exposure to the growing banks profitability and dividends!!! That's FX. KES/USD from 130 to 160 hence the gains in (FX) assets in KES terms. Am being sarcastic. Hehe. Yaani even sarcasm imekuwa shida kudeliver. Anywho https://x.com/kasiva_mut...957726884361388293?s=19 KQ alipe deni to help the banks, ama? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,833
|
obiero wrote:MaichBlack wrote:VituVingiSana wrote:MaichBlack wrote:Wah!!! This is very serious! You mean after the value of assests held by banks grew by a mere 17.6% in 2023, in 2024 it dropped by a massive 1.6%!!?? And what's even more horrifying, there is a point before the 6!!! People really need to avoid over exposure to the growing banks profitability and dividends!!! That's FX. KES/USD from 130 to 160 hence the gains in (FX) assets in KES terms. Am being sarcastic. Hehe. Yaani even sarcasm imekuwa shida kudeliver. Anywho https://x.com/kasiva_mut...957726884361388293?s=19 ^ When your sarcasm is so good they think you are serious!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,833
|
obiero wrote:MaichBlack wrote:VituVingiSana wrote:MaichBlack wrote:Wah!!! This is very serious! You mean after the value of assests held by banks grew by a mere 17.6% in 2023, in 2024 it dropped by a massive 1.6%!!?? And what's even more horrifying, there is a point before the 6!!! People really need to avoid over exposure to the growing banks profitability and dividends!!! That's FX. KES/USD from 130 to 160 hence the gains in (FX) assets in KES terms. Am being sarcastic. Hehe. Yaani even sarcasm imekuwa shida kudeliver. Anywho https://x.com/kasiva_mut...957726884361388293?s=19 ^ Check the performance of Banks in the biggest economies. Start with the US! I don't understand why people imagine Banks owe them free/cheap money!!! Based on what!!?? If you think you have a good thing going, skip the banks and go directly to investors/venture capitalists!! They should jump at the opportunity if your product is as good as you imagine it is!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
|
Wazua
»
Investor
»
Stocks
»
Portfolio Balancing: Avoid Over Exposure To Financial Sector
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.
|