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Listed banks H1 results - Profits continue to grow!

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youcan'tstopusnow		#31 Posted : Saturday, July 09, 2011 10:36:05 PM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		Cde Monomotapa wrote: U see a problem lies on Wazua that everytime that KCB is discussed, EBL pops its head. If we separate the two there won't be need for all the X-fire. OTW, me as the de-facto head promoter of KCB, I will gladly use my legal skills to appraise KCB and where needed retaliate at shots from opposition & poke holes @ their positions. It's you who went ballistic... I believe mwanahisa's thread is about all banks GOD BLESS YOUR LIFE
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Cde Monomotapa		#32 Posted : Saturday, July 09, 2011 11:08:37 PM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		youcan'tstopusnow wrote: Cde Monomotapa wrote: U see a problem lies on Wazua that everytime that KCB is discussed, EBL pops its head. If we separate the two there won't be need for all the X-fire. OTW, me as the de-facto head promoter of KCB, I will gladly use my legal skills to appraise KCB and where needed retaliate at shots from opposition & poke holes @ their positions. It's you who went ballistic... I believe mwanahisa's thread is about all banks Good enough.
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Cde Monomotapa		#33 Posted : Saturday, July 09, 2011 11:10:28 PM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		youcan'tstopusnow wrote: I take it that's a no from you on the wager. Fair enough No wagers please. And it is ok for u to ignore my point about capital.
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Cde Monomotapa		#34 Posted : Saturday, July 09, 2011 11:16:31 PM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		With KCB's recent 40B+ in capital means we can grow our Balance Sheet to 400B (10X capital) from the current 200B*. Investors in banks have to remember that regardless of all the oppurtunities out there...ur statutory ratios have to be in compliance with CBK rules 1st. "This is not a fish market, right!!" LOL, tafakari.
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Cde Monomotapa		#35 Posted : Saturday, July 09, 2011 11:30:16 PM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		Cde Monomotapa wrote: Investors in banks have to remember that regardless of all the oppurtunities out there...ur statutory ratios have to be in compliance with CBK rules 1st. "This is not a fish market, right!!" LOL, tafakari. Thus, it is rewarding for me to be both a lawyer & investor (LAW, BUSINESS & POLITICS - the other Trinity)
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youcan'tstopusnow		#36 Posted : Saturday, July 09, 2011 11:48:08 PM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		Cde Monomotapa wrote: youcan'tstopusnow wrote: I take it that's a no from you on the wager. Fair enough No wagers please. And it is ok for u to ignore my point about capital. If a rights issue comes, they will be taken up. There's no harm in getting shares cheap. And you can bet they will be oversubscribed GOD BLESS YOUR LIFE
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Cde Monomotapa		#37 Posted : Saturday, July 09, 2011 11:53:35 PM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		youcan'tstopusnow wrote: Cde Monomotapa wrote: youcan'tstopusnow wrote: I take it that's a no from you on the wager. Fair enough No wagers please. And it is ok for u to ignore my point about capital. If a rights issue comes, they will be taken up. There's no harm in getting shares cheap. And you can bet they will be oversubscribed "look @ how they massacred my boy (KCB share price)" => Don Corleone @ the funeral parlour. Time is money...Happy catch up on the EAC circuit
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youcan'tstopusnow		#38 Posted : Sunday, July 10, 2011 12:06:36 AM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		Cde Monomotapa wrote: youcan'tstopusnow wrote: Cde Monomotapa wrote: youcan'tstopusnow wrote: I take it that's a no from you on the wager. Fair enough No wagers please. And it is ok for u to ignore my point about capital. If a rights issue comes, they will be taken up. There's no harm in getting shares cheap. And you can bet they will be oversubscribed "look @ how they massacred my boy (KCB)" => Don Corleone @ the funeral parlour. Time is money...Happy catch up on the EAC circuit Cde, check out between Equity and KCB who made more from EAC. Then tell me who is playing catch up here GOD BLESS YOUR LIFE
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youcan'tstopusnow		#39 Posted : Sunday, July 10, 2011 12:09:53 AM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		If time is money, KCB should be making tens and tens of billions in profit as they have been around for a long long long time "The history of KCB dates back to 1896 when its predecessor, the National Bank of India opened an outlet in Mombasa. Eight years later in 1904, the Bank extended its operations to Nairobi, which had become the Headquarters of the expanding railway line to Uganda. The next major change in the Bank’s history came in 1958. Grindlays Bank merged with the National Bank of India to form the National and Grindlays Bank. Upon independence the Government of Kenya acquired 60% shareholding in National & Grindlays Bank in an effort to bring banking closer to the majority of Kenyans. In 1970, the Government acquired 100% of the shares to take full control of the largest commercial bank in Kenya. National and Grindlays Bank was renamed Kenya Commercial Bank." Just what the hell have they been doing all these years? Equity zoomed past them in no time. GOD BLESS YOUR LIFE
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youcan'tstopusnow		#40 Posted : Sunday, July 10, 2011 12:12:59 AM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		youcan'tstopusnow wrote: Just what the hell have they been doing all these years? GOD BLESS YOUR LIFE
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