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Britam HY Pre-Tax Profit up 175%
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researchfirst
#1 Posted : Thursday, August 25, 2016 10:09:52 AM
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Joined: 2/24/2015
Posts: 154
Location: Nairobi
Profit Before Tax went up by 175% to Ksh 2.87 Billion against Ksh 1.04 Billion reported in June 2015. Profit After tax was at Ksh 1.78 Billion compared to Ksh 624 Million in the same period the previous year.
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mlennyma
#2 Posted : Thursday, August 25, 2016 10:12:05 AM
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Joined: 7/21/2010
Posts: 6,183
Location: nairobi
researchfirst wrote:
Profit Before Tax went up by 175% to Ksh 2.87 Billion against Ksh 1.04 Billion reported in June 2015. Profit After tax was at Ksh 1.78 Billion compared to Ksh 624 Million in the same period the previous year.

its not all bad news or is it fattening that stake?
"Don't let the fear of losing be greater than the excitement of winning."
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researchfirst
#3 Posted : Thursday, August 25, 2016 10:23:09 AM
Rank: Member


Joined: 2/24/2015
Posts: 154
Location: Nairobi
mlennyma wrote:
researchfirst wrote:
Profit Before Tax went up by 175% to Ksh 2.87 Billion against Ksh 1.04 Billion reported in June 2015. Profit After tax was at Ksh 1.78 Billion compared to Ksh 624 Million in the same period the previous year.

its not all bad news or is it fattening that stake?


Market seems to be shrugging it off either way. Everyone is too distracted trying to dump their bank stocks.
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Spikes
#4 Posted : Thursday, August 25, 2016 10:46:51 AM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
researchfirst wrote:
mlennyma wrote:
researchfirst wrote:
Profit Before Tax went up by 175% to Ksh 2.87 Billion against Ksh 1.04 Billion reported in June 2015. Profit After tax was at Ksh 1.78 Billion compared to Ksh 624 Million in the same period the previous year.

its not all bad news or is it fattening that stake?


Market seems to be shrugging it off either way. Everyone is too distracted trying to dump their bank stocks.




PPT news we are used to. Look at the timing! Britam knows HFCK has been blown off by interest rate cap. Britank management is attempting to fatten the cow before slaughter. I don't think the market will feel excited. A total meltdown. Banks have been ripped off the draconian ambience they have been enjoying stealing from Wanjiku. Britam 6/- is a buy.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Boris Boyka
#5 Posted : Thursday, August 25, 2016 10:47:46 AM
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Joined: 11/15/2013
Posts: 1,977
Location: Here
researchfirst wrote:
mlennyma wrote:
researchfirst wrote:
Profit Before Tax went up by 175% to Ksh 2.87 Billion against Ksh 1.04 Billion reported in June 2015. Profit After tax was at Ksh 1.78 Billion compared to Ksh 624 Million in the same period the previous year.

its not all bad news or is it fattening that stake?


Market seems to be shrugging it off either way. Everyone is too distracted trying to dump their bank stocks.

Seems it's fattening of bull. Truly focus is on banks.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Angelica _ann
#6 Posted : Thursday, August 25, 2016 11:19:24 AM
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Joined: 12/7/2012
Posts: 11,908
@Realtreaty must be in heavens now .....
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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mikegachunji
#7 Posted : Thursday, August 25, 2016 11:26:20 AM
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Joined: 11/19/2009
Posts: 3,142
such news will start having an effect maybe two weeks from now..but surely exposure to HFCK and Equity will not help the situation at all...
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