Where are the mafans wa dtb. These are amazing results not the 100 percent everyone was expecting, but look at the bonus. I almost did a backflip- which i cant do. Guru u were right about the bonus. Results have come out at a bad time. I think the share will hold. Whether i sell for capital gains or not and get the bonus. Win win.

There is a lot more business (and profits) in Kenya relative to the other neighbouring countries. Moving into a new territory does not necessarily result in a big increase in profits. E.g. Equity Bank made less than 5% of its net profits from S.Sudan while they made a big loss in Uganda. Same case certainly goes for KCB's greenfield operations in Uganda and Rwanda. Having said that I still believe Regional expansion is the way to go. However, we should not expect an overnight increase in profits as a consequence.

There is a lot more business (and profits) in Kenya relative to the other neighbouring countries. Moving into a new territory does not necessarily result in a big increase in profits. E.g. Equity Bank made less than 5% of its net profits from S.Sudan while they made a big loss in Uganda. Same case certainly goes for KCB's greenfield operations in Uganda and Rwanda. Having said that I still believe Regional expansion is the way to go. However, we should not expect an overnight increase in profits as a consequence.

No doubt about that. My contention is that even if Coop goes and makes 400 million like Equity did in 2010 that will only be about 10% of total profits which will not change its outlook materially.

I like Coop, but in my view it has underperformed its peers - Equity and KCB, hence I would only buy it at comparable PEs - higher than KCB but lower than Equity Bank.

DTB best result going by all the parameters . their loans and advances fully covered by the customer deposits with a surplus which can be invested else where i.e. in the regional expansion given also the low leveraging and high earnings retention.

Long term holding.