Wazua
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KCB FY 2015 PBT +12% and PAT +16%
Rank: Chief Joined: 1/3/2007 Posts: 18,437 Location: Nairobi
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murchr wrote:kizee1 wrote:VituVingiSana wrote:Something is not kosher according to @sang252 and you know he asks questions on matters others do not even know exist. I can't "picture" his tweet.
1) Why are all the SS translation losses of 6.1bn going below the line? [Permanent impairment]
2) SS showed a profit for 1Q 2Q 3Q. Have these profits [which were really profits with the devaluation] been reversed in 4Q? SSP the SS currency was heavily devalued(from 3.06 to +18 to the USD) in Q4,.. translation of the SS balance sheet would explain said impairment I expected Sunil to have been more aware of that, business in SS will be tricky till those 2 leaders are dethroned Aware of what? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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VituVingiSana wrote:murchr wrote:kizee1 wrote:VituVingiSana wrote:Something is not kosher according to @sang252 and you know he asks questions on matters others do not even know exist. I can't "picture" his tweet.
1) Why are all the SS translation losses of 6.1bn going below the line? [Permanent impairment]
2) SS showed a profit for 1Q 2Q 3Q. Have these profits [which were really profits with the devaluation] been reversed in 4Q? SSP the SS currency was heavily devalued(from 3.06 to +18 to the USD) in Q4,.. translation of the SS balance sheet would explain said impairment I expected Sunil to have been more aware of that, business in SS will be tricky till those 2 leaders are dethroned Aware of what? South Sudan devalued its currency by 84 percent in Q4 "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
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Rank: Chief Joined: 1/3/2007 Posts: 18,437 Location: Nairobi
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murchr wrote:VituVingiSana wrote:murchr wrote:kizee1 wrote:VituVingiSana wrote:Something is not kosher according to @sang252 and you know he asks questions on matters others do not even know exist. I can't "picture" his tweet.
1) Why are all the SS translation losses of 6.1bn going below the line? [Permanent impairment]
2) SS showed a profit for 1Q 2Q 3Q. Have these profits [which were really profits with the devaluation] been reversed in 4Q? SSP the SS currency was heavily devalued(from 3.06 to +18 to the USD) in Q4,.. translation of the SS balance sheet would explain said impairment I expected Sunil to have been more aware of that, business in SS will be tricky till those 2 leaders are dethroned Aware of what? South Sudan devalued its currency by 84 percent in Q4 Are you serious? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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VituVingiSana wrote:murchr wrote:VituVingiSana wrote:murchr wrote:kizee1 wrote:VituVingiSana wrote:Something is not kosher according to @sang252 and you know he asks questions on matters others do not even know exist. I can't "picture" his tweet.
1) Why are all the SS translation losses of 6.1bn going below the line? [Permanent impairment]
2) SS showed a profit for 1Q 2Q 3Q. Have these profits [which were really profits with the devaluation] been reversed in 4Q? SSP the SS currency was heavily devalued(from 3.06 to +18 to the USD) in Q4,.. translation of the SS balance sheet would explain said impairment I expected Sunil to have been more aware of that, business in SS will be tricky till those 2 leaders are dethroned Aware of what? South Sudan devalued its currency by 84 percent in Q4 Are you serious? About what? "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
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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"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
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Rank: Elder Joined: 6/23/2009 Posts: 14,476 Location: nairobi
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murchr wrote:VituVingiSana wrote:murchr wrote:VituVingiSana wrote:murchr wrote:kizee1 wrote:VituVingiSana wrote:Something is not kosher according to @sang252 and you know he asks questions on matters others do not even know exist. I can't "picture" his tweet.
1) Why are all the SS translation losses of 6.1bn going below the line? [Permanent impairment]
2) SS showed a profit for 1Q 2Q 3Q. Have these profits [which were really profits with the devaluation] been reversed in 4Q? SSP the SS currency was heavily devalued(from 3.06 to +18 to the USD) in Q4,.. translation of the SS balance sheet would explain said impairment I expected Sunil to have been more aware of that, business in SS will be tricky till those 2 leaders are dethroned Aware of what? South Sudan devalued its currency by 84 percent in Q4 Are you serious? About what? One has to wonder how @vvs invests without macro knowledge COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Veteran Joined: 12/11/2006 Posts: 931
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kcb hints at buying stakes in Baclays www.standardmedia.co.ke/...buying-stake-in-barclays“Invest in yourself. Your career is the engine of your wealth.”
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Rank: New-farer Joined: 8/29/2010 Posts: 11
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murchr wrote:VituVingiSana wrote:murchr wrote:kizee1 wrote:VituVingiSana wrote:Something is not kosher according to @sang252 and you know he asks questions on matters others do not even know exist. I can't "picture" his tweet.
1) Why are all the SS translation losses of 6.1bn going below the line? [Permanent impairment]
2) SS showed a profit for 1Q 2Q 3Q. Have these profits [which were really profits with the devaluation] been reversed in 4Q? SSP the SS currency was heavily devalued(from 3.06 to +18 to the USD) in Q4,.. translation of the SS balance sheet would explain said impairment I expected Sunil to have been more aware of that, business in SS will be tricky till those 2 leaders are dethroned Aware of what? South Sudan devalued its currency by 84 percent in Q4 How do people arrive at this 84% devaluation figure? I thought the currency moved from 3.16 to 18 therefore the devaluation being >400% Anyway, from Q4, the currency has lost value by 122% to the dollar. Business there will be very tricky and I expect major reorganisations in order to survive.
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Rank: Chief Joined: 1/3/2007 Posts: 18,437 Location: Nairobi
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obiero wrote:murchr wrote:VituVingiSana wrote:murchr wrote:VituVingiSana wrote:murchr wrote:kizee1 wrote:VituVingiSana wrote:Something is not kosher according to @sang252 and you know he asks questions on matters others do not even know exist. I can't "picture" his tweet.
1) Why are all the SS translation losses of 6.1bn going below the line? [Permanent impairment]
2) SS showed a profit for 1Q 2Q 3Q. Have these profits [which were really profits with the devaluation] been reversed in 4Q? SSP the SS currency was heavily devalued(from 3.06 to +18 to the USD) in Q4,.. translation of the SS balance sheet would explain said impairment I expected Sunil to have been more aware of that, business in SS will be tricky till those 2 leaders are dethroned Aware of what? South Sudan devalued its currency by 84 percent in Q4 Are you serious? About what? One has to wonder how @vvs invests without macro knowledge Kizungu ilikuja na meli. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,437 Location: Nairobi
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obiero wrote:murchr wrote:VituVingiSana wrote:murchr wrote:VituVingiSana wrote:murchr wrote:kizee1 wrote:VituVingiSana wrote:Something is not kosher according to @sang252 and you know he asks questions on matters others do not even know exist. I can't "picture" his tweet.
1) Why are all the SS translation losses of 6.1bn going below the line? [Permanent impairment]
2) SS showed a profit for 1Q 2Q 3Q. Have these profits [which were really profits with the devaluation] been reversed in 4Q? SSP the SS currency was heavily devalued(from 3.06 to +18 to the USD) in Q4,.. translation of the SS balance sheet would explain said impairment I expected Sunil to have been more aware of that, business in SS will be tricky till those 2 leaders are dethroned Aware of what? South Sudan devalued its currency by 84 percent in Q4 Are you serious? About what? Are you serious that you think @sang252 didn't take into account the devaluation?
The question @Sang252 posed, if you tried to understand it wasn't about the impairment but its accounting treatment.One has to wonder how @vvs invests without macro knowledge @Obiero - Is Alex no longer whispering sweet nothings in your ears? And no, as you have so ably demonstrated over & over again you are much smarter than me. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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KCB FY 2015 PBT +12% and PAT +16%
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