wazua Tue, Mar 31, 2026
Welcome Guest Search | Active Topics | Log In

9 Pages«<34567>»
FULL YEAR 2012 BANKING SECTOR VALUATION
Options
Previous Topic · Next Topic
mwekez@ji
#41 Posted : Friday, March 22, 2013 8:50:27 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
guru267 wrote:
mwekez@ji wrote:
NBK FYR coming up on Monday 25th #crocodile_eater_@cde_&all_@cdes


Sh.it hits the fan Sad

www.nation.co.ke/busines...4/-/v5kn1fz/-/index.html


Q3 2012 painted it all. Munir should have explicitly said this then. Poor @Cde eN lyks
Back to top
  |
Cde Monomotapa
#42 Posted : Friday, March 22, 2013 10:18:15 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
But, but Comrade (Cde) already & severally presented his NBK buy case on Wazua. In a nut shell he bought the past (FY '12) at what he percieved a discount in order to participate in the future (FY '13). What might be news to some here, is not to him http://www.african-marke...pretax-profit-dives-680 | http://www.businessdaily...02/-/3cr8wk/-/index.html
Back to top
  |
FUNKY
#43 Posted : Saturday, March 23, 2013 8:45:17 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
Back to top
  |
hisah
#44 Posted : Saturday, March 23, 2013 9:13:21 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Cde Monomotapa wrote:
But, but Comrade (Cde) already & severally presented his NBK buy case on Wazua. In a nut shell he bought the past (FY '12) at what he percieved a discount in order to participate in the future (FY '13). What might be news to some here, is not to him http://www.african-marke...pretax-profit-dives-680

http://www.businessdaily...2/-/3cr8wk/-/index.html

This stock has quite some skeletons. Have you modelled H1 2012 vs H1 2013. Q3 & Q4 2012 are reversal as well as Q1 2013 due to econ slowdown. Q2 2013 not enough time to repair those bad qtrs. Maybe from Q3 2013 is when the books get better. Balls of steel required to hold this one. The price is likely to retest 15-16 as those buying @20s panic sell...

Btw I have an eye on it esp for the hydrocarbon gok revenues in future.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  | | Edit by user: Saturday, March 23, 2013 9:16 AM | Reason: Not specified
the deal
#45 Posted : Saturday, March 23, 2013 10:30:39 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
NBK is puff puff and pass...I need to see some line items on the balance sheet change...but still those GoK preferance shares freak me out...GoK can easily turn this thing into a parastatal...those Pref shares are toxic to any takeover bid.
Back to top
  |
FUNKY
#46 Posted : Sunday, March 24, 2013 8:42:17 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
Back to top
  |
youcan'tstopusnow
#47 Posted : Wednesday, March 27, 2013 2:01:57 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Interesting from Victoria Commercial Bank:

Loan Book - Kshs. 5.3 Billion, up from Kshs. 4.1 Billion.

PAT - Kshs. 350.5 Million, up from Kshs. 230.25 Million

Loan Loss Provision - Zero, down from Kshs. 5.8 Million.

Non-Performing Loans - Zero, same as last year.

Cost:Income ratio 40%
GOD BLESS YOUR LIFE
Back to top
WWW
  | | Edit by user: Wednesday, March 27, 2013 2:34 PM | Reason: Not specified
youcan'tstopusnow
#48 Posted : Wednesday, March 27, 2013 2:09:16 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
mwekez@ji, that is one clean book! Would make JM green with envy. Hehe

By the way, I'd love to see more banks listed. We have such a profitable sector. 20 would be a good number, I think. Family Bank to list next year to add onto the number.
GOD BLESS YOUR LIFE
Back to top
WWW
  |
youcan'tstopusnow
#49 Posted : Wednesday, March 27, 2013 4:46:36 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Equity divs in the bank, promptly, as usual
GOD BLESS YOUR LIFE
Back to top
WWW
  |
mwekez@ji
#50 Posted : Wednesday, March 27, 2013 11:57:47 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
youcan'tstopusnow wrote:
mwekez@ji, that is one clean book! Would make JM green with envy. Hehe

By the way, I'd love to see more banks listed. We have such a profitable sector. 20 would be a good number, I think. Family Bank to list next year to add onto the number.


yea, very clean book that. Tier 1 hawawesmake ... he he

..... & jamii bora bank seems to have heard your call. they plan to list in OTC this year. A first step in their journey to NSE i believe >>> http://www.businessdailyafrica....2/-/74kxm0z/-/index.html

... family bank listing in NSE is honestly overdue. they should take the bold step and graduate from OTC

... I&M Bank listing is now here

... more should join
Back to top
  |
9 Pages«<34567>»
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.