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DTB vs CFC vs I&M vs NIC
Aguytrying
#1 Posted : Friday, February 13, 2015 4:39:56 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Which of these mid tier banks would you invest in long term.

DTB

H1 2014 PAT- 2.9B
FY 2013 PAT- 5.2B
Market cap- 54.4B
Assets FY 2013- 166B
P.E 11.5
Price. 245.00

CFC

H1 2014 PAT- 3.3B
FY 2013 PAT- 5.1B
Market cap- 52.1B
Assets FY 2013- 180B
P.E 10.2
price. 133.00

I$M

H1 2014 PAT- 2.6B
FY 2013 PAT- 4.9B
Market cap- 47.5B
Assets FY 2013- 141B
P.E 10.3
price. 122

NIC

H1 2014 PAT- 2.0B
FY 2013 PAT- 3.2B
Market cap- 34.2B
Assets FY 2013- 121B
P.E 10.3
price. 63.00

They are so similar in profits, Assets, market cap and P.E ratio.



The investor's chief problem - and even his worst enemy - is likely to be himself
KIRTI
#2 Posted : Friday, February 13, 2015 5:03:16 PM
Rank: Member


Joined: 8/17/2010
Posts: 116
CFC is good buy for short term. it will go up 170 within 3 months.
NIC will go up to 75 by August 2015.
Othelo
#3 Posted : Friday, February 13, 2015 5:09:45 PM
Rank: User


Joined: 1/20/2014
Posts: 3,528
Diamond Trust and CFC because they have gotten their niche market and have a foot in the Region! Both are also support by a strong majority shareholders with proven business drive.
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
Aguytrying
#4 Posted : Friday, February 13, 2015 6:23:20 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Othelo wrote:
Diamond Trust and CFC because they have gotten their niche market and have a foot in the Region! Both are also support by a strong majority shareholders with proven business drive.


That sounds very true for DTB. but for CFC? imagine in FY 2012. Their PAT was the same as NIC.

My view is the ones that will really succed are the ones that will tap the mass market.
The investor's chief problem - and even his worst enemy - is likely to be himself
mwekez@ji
#5 Posted : Friday, February 13, 2015 6:47:52 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
All those are banks with good growth potential. I've in the past investment in each of them. Currently my money is on NIC
sparkly
#6 Posted : Friday, February 13, 2015 6:59:09 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
All are good banks, though I now have substantial investment in CFC.
Life is short. Live passionately.
murchr
#7 Posted : Friday, February 13, 2015 7:19:22 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
A look at CFC's employee numbers is abit of a turnoff http://markets.ft.com/re...iness-profile?s=CFCO:NAI
"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
.
Aguytrying
#8 Posted : Friday, February 13, 2015 10:56:27 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
thanks gurus . I've also previously invested in all except I&M. I think ill go with NIC.
cheers gents
The investor's chief problem - and even his worst enemy - is likely to be himself
dunkang
#9 Posted : Saturday, February 14, 2015 5:59:28 AM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
murchr wrote:
A look at CFC's employee numbers is abit of a turnoff http://markets.ft.com/re...ness-profile?s=CFCO:NAI

That ft figure is EXTREMELY wrong. Don't believe anything you read without counter checking.

Ati CFC has 141K workers while GoK has <200K. KCB has 6K and Safcom has ~5K.

I bet they misplaced the decimal. It should have been 1.4K.

On long term investment, i'd go with CFC and NIC Banks in that order. Look at the figures from Revenue to PAT. EFFICIENCY!!!!
Receive with simplicity everything that happens to you.” ― Rashi

sparkly
#10 Posted : Saturday, February 14, 2015 6:06:35 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
[quote=murchr]A look at CFC's employee numbers is abit of a turnoff http://markets.ft.com/re...ness-profile?s=CFCO:NAI[/quote]

141,000 no way
Life is short. Live passionately.
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