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KCB 2018 and Beyond
Horton
#321 Posted : Tuesday, July 16, 2019 3:06:49 PM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Ebenyo wrote:
watesh wrote:
Ericsson wrote:
KCB representative office in China is up and running.

Wow. This bank is making moves



Hio maloan mingi Gok inatoa china lazima tutakula faida yake through dividends.


Huge sellers today

Looks like we are sliding back to the 36-37 levels. I’m a buyer at 36.
Ericsson
#322 Posted : Wednesday, July 17, 2019 6:25:38 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Horton wrote:
Ebenyo wrote:
watesh wrote:
Ericsson wrote:
KCB representative office in China is up and running.

Wow. This bank is making moves



Hio maloan mingi Gok inatoa china lazima tutakula faida yake through dividends.


Huge sellers today

Looks like we are sliding back to the 36-37 levels. I’m a buyer at 36.


8mn shares traded today
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
mwekez@ji
#323 Posted : Wednesday, July 17, 2019 9:56:06 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Ericsson wrote:
Horton wrote:
Ebenyo wrote:
watesh wrote:
Ericsson wrote:
KCB representative office in China is up and running.

Wow. This bank is making moves



Hio maloan mingi Gok inatoa china lazima tutakula faida yake through dividends.


Huge sellers today

Looks like we are sliding back to the 36-37 levels. I’m a buyer at 36.


8mn shares traded today

Block trades with foreigners on both the buy and sell side
Ericsson
#324 Posted : Thursday, July 18, 2019 4:28:21 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Today 5.62mn shares traded.
What's the movement between foreigners and locals, buyers and sellers
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
mwekez@ji
#325 Posted : Thursday, July 18, 2019 6:43:34 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Ericsson wrote:
Today 5.62mn shares traded.
What's the movement between foreigners and locals, buyers and sellers

Top mover after safaricom.

Today foreigners were sellers and locals were buyers.

Foreign sales: 98.70‰
Foreign buys: 9.15%
Ericsson
#326 Posted : Saturday, July 20, 2019 3:57:14 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
KCB Group holds 21% of Kenya Mortgage Refinance Company
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
murchr
#327 Posted : Saturday, July 20, 2019 4:43:16 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Ericsson wrote:
KCB Group holds 21% of Kenya Mortgage Refinance Company



Is there a list of other shareholders?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
obiero
#328 Posted : Sunday, July 21, 2019 4:39:47 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
murchr wrote:
Ericsson wrote:
KCB Group holds 21% of Kenya Mortgage Refinance Company



Is there a list of other shareholders?

Good news right there

KQ ABP 4.26
Ericsson
#329 Posted : Monday, July 22, 2019 6:24:43 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.businessdail...05716-6609xw/index.html

The Consolidated Bank of Kenya has extended the maturity of its Sh2 billion ($19.39 million) medium-term note by three months to allow its biggest shareholder, the government, to inject more capital, the lender said on Monday.

The seven-year bond, which was issued to shore up the bank’s capital, allowing it to lend more to its customers, was due to mature on July 22.
It will now mature on October 22 under the same terms with additional interest payments for the extension, Consolidated said.

Govt-owned

“The extension is necessary to allow the National Treasury (finance ministry) to finalise the process of capital injection into the bank,” the lender said in a statement.

Consolidated, which is 85.8 percent owned by the government, was formed in 1989 when the state merged nine troubled financial firms.

Efforts to privatise it, along with a host of other government-owned enterprises, have been delayed for more than a decade due to red tape and the state of its books.

GoK injecting more capital=KCB acquiring it
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Horton
#330 Posted : Monday, July 22, 2019 7:01:47 PM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Ericsson wrote:
https://www.businessdailyafrica.com/markets/capital/Consolidated-Bank-extends-its-bond-maturity-by-3-months/4259442-5205716-6609xw/index.html

The Consolidated Bank of Kenya has extended the maturity of its Sh2 billion ($19.39 million) medium-term note by three months to allow its biggest shareholder, the government, to inject more capital, the lender said on Monday.

The seven-year bond, which was issued to shore up the bank’s capital, allowing it to lend more to its customers, was due to mature on July 22.
It will now mature on October 22 under the same terms with additional interest payments for the extension, Consolidated said.

Govt-owned

“The extension is necessary to allow the National Treasury (finance ministry) to finalise the process of capital injection into the bank,” the lender said in a statement.

Consolidated, which is 85.8 percent owned by the government, was formed in 1989 when the state merged nine troubled financial firms.

Efforts to privatise it, along with a host of other government-owned enterprises, have been delayed for more than a decade due to red tape and the state of its books.

GoK injecting more capital=KCB acquiring it


How do u figure?
80 Pages«<3132333435>»
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