GenghisCapitalLtd wrote:Now that the Safcom results anticipation is over I think we can focus on the banking sector as we only have CfC, StanChart and NIC to go. The banks have reported varied results with NBK reporting a decline of 9% in PAT though grew its loan book by an astonishing 52%. I am of the opinion that StanChart will have similar results to BBK in that an increase in PAT but a decline in interest income which is worrying. CfC and NIC will have good results at par with its peers. What you think?
NIC should announce in 2 weeks time. Last year, they announced their Q3 results on 25th Nov, their EPS going up by 68% vs Q3 2009. This time i'd put them in the 30% range owing to a difficult operating environment this year.
And lets not forget the Agriculturals. They've had an impressive run this year with impressive coffee & tea prices and a weak shilling to their advantage.
WTK debuts in the week beginning 28th Nov with H1. An EPS of below 70 will be nothing to write home about. Goodies galore here
Sasini follows a week later with full year. Anything less then 5 for EPS and no mention of real estate kick off plans will send the stock to sub 10
@SufficientlyP