wazua Sat, Mar 28, 2026
Welcome Guest Search | Active Topics | Log In

18 Pages«<678910>»
Anticipation of KCB Q1 results 2011
Options
Previous Topic · Next Topic
erifloss
#71 Posted : Tuesday, April 26, 2011 12:40:15 AM
Rank: Member

Joined: 6/21/2010
Posts: 514
Location: Nairobi
youcan'tstopusnow wrote:
Cde Monomotapa wrote:
Warren Buffett ~ A public-opinion poll is no substitute for thought.

Those 'experts' have been dead wrong numerous times. In fact, they have never been right. But what is important is to focus on the results and not price movement. If the results are great and the share prices lag, it's a buyers market I guess

I heard a guy in Sqwak box once say that news is always out there for one reason or the other and there is always a loser & a beneficiary so while ignoring a sentiment be sure. Lehman & Bear Sterns debacle started coz of the so called 'experts' going to the press & creating an environment for scrutiny.
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
Back to top
  |
Cde Monomotapa
#72 Posted : Tuesday, April 26, 2011 4:28:21 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
08/09 was similarly a high interest rate period & yet banks stiill made lotsa money..except KCB who were incurring high investment/expansion costs. I see nothing new here.
Back to top
  |
guru267
#73 Posted : Tuesday, April 26, 2011 7:26:22 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Cde Monomotapa wrote:
08/09 was similarly a high interest rate period & yet banks stiill made lotsa money..except KCB who were incurring high investment/expansion costs. I see nothing new here.

This brings out my point... These HIGH investment and expansion costs will not be present this year meaning they can have a great year even with a decline in revenue...

I think this will allow KCB to outperform other banks in 2011
Mark 12:29
Deuteronomy 4:16
Back to top
  |
erifloss
#74 Posted : Tuesday, April 26, 2011 7:56:05 AM
Rank: Member

Joined: 6/21/2010
Posts: 514
Location: Nairobi
Cde Monomotapa wrote:
08/09 was similarly a high interest rate period & yet banks stiill made lotsa money..except KCB who were incurring high investment/expansion costs. I see nothing new here.

But remember most investors peg alot of emphasis on yoy growth & that's the big ? here.We all know that they'll have crazily high revenues but will they maintain the earnings growth momentum without playing with one or two things using IFRS's when reporting to us the public.
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
Back to top
  |
Gordon Gekko
#75 Posted : Tuesday, April 26, 2011 8:20:00 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
I suspect this agency thing will redefine banking. Most retail customers basically use banks to process deposits and withdrawals, what agency banking will do very well. This points to significant reduction both in capex and opex, the banks will be more profitable as they push these costs to agencies. Layoffs on the horizon for banks that don't spread to the region and move excess staff there.
Back to top
  |
the deal
#76 Posted : Tuesday, April 26, 2011 8:55:52 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
What did you expect? Dyer has a point..although the true picture will ermege when they announce 1H results...DTB and Cfc will definitely be worse off.
Back to top
  |
mwanahisa
#77 Posted : Tuesday, April 26, 2011 9:18:47 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
It looks like some folks were busy over the Easter weekend. QW, I would advise you to gracefully bow out of this bet. g267 will have you for breakfast, lunch and dinner on this one (if she so chooses)!

There is no way that KCB will fail to beat last year's Q1 PAT by at least 10%. This is actually going to be a walk in the park for KCB. Giving KCB a 9% (after tax) profitability growth target in Q1 2011 vs Q1 2010 is like setting an elementary school exam for a student in a top high school.
Back to top
  |
mwanahisa
#78 Posted : Tuesday, April 26, 2011 9:23:56 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
the deal wrote:
What did you expect? Dyer has a point..although the true picture will ermege when they announce 1H results...DTB and Cfc will definitely be worse off.


@the deal. Dyer are simply stating that some banks are trading on higher PEs than the sector PE. But then, I do not have much time for all these experts.

KCB is indeed trading below the sector's PE and with better prospects than most banks in the sector. Saying that KCB is overbought at a PE of less than 9 is outlandish in my view, unless they are basing it on technicals.
Back to top
  |
the deal
#79 Posted : Tuesday, April 26, 2011 9:53:44 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
mwanahisa wrote:
the deal wrote:
What did you expect? Dyer has a point..although the true picture will ermege when they announce 1H results...DTB and Cfc will definitely be worse off.


@the deal. Dyer are simply stating that some banks are trading on higher PEs than the sector PE. But then, I do not have much time for all these experts.

KCB is indeed trading below the sector's PE and with better prospects than most banks in the sector. Saying that KCB is overbought at a PE of less than 9 is outlandish in my view, unless they are basing it on technicals.


@mwanahisa technically speaking KCB is overbought...the upward trend was also broken when it failed to hold to its 32 week high...on PE basis its underpriced compared to its peers i agree.smile
Back to top
  |
guru267
#80 Posted : Tuesday, April 26, 2011 10:08:18 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the dyeal wrote:
mwanahisa wrote:
the deal wrote:
What did you expect? Dyer has a point..although the true picture will ermege when they announce 1H results...DTB and Cfc will definitely be worse off.


@the deal. Dyer are simply stating that some banks are trading on higher PEs than the sector PE. But then, I do not have much time for all these experts.

KCB is indeed trading below the sector's PE and with better prospects than most banks in the sector. Saying that KCB is overbought at a PE of less than 9 is outlandish in my view, unless they are basing it on technicals.


@mwanahisa technically speaking KCB is overbought...the upward trend was also broken when it failed to hold to its 32 week high...on PE basis its underpriced compared to its peers i agree.smile

@the deal so you know that even if KCB falls it will be temporary..
Mark 12:29
Deuteronomy 4:16
Back to top
  |
18 Pages«<678910>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.