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KCB HY 2011 results are here!
young
#51 Posted : Thursday, July 28, 2011 7:10:39 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,075
Location: Lagos, Nigeria
Cde Monomotapa wrote:
KCB: FY2011 eps-3.5, dps-1.75. My 2cts smile



@Cde you seem to be a strong believer in the lion
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
Cde Monomotapa
#52 Posted : Thursday, July 28, 2011 7:15:17 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
young wrote:
Cde Monomotapa wrote:
KCB: FY2011 eps-3.5, dps-1.75. My 2cts smile



@Cde you seem to be a strong believer in the lion

Indeed and what i've been looking for is un-folding. The capital is fully invested, time is all I have left smile
young
#53 Posted : Thursday, July 28, 2011 7:18:43 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,075
Location: Lagos, Nigeria
Cde Monomotapa wrote:
young wrote:
Cde Monomotapa wrote:
KCB: FY2011 eps-3.5, dps-1.75. My 2cts smile



@Cde you seem to be a strong believer in the lion

Indeed and what i've been looking for is un-folding. The capital is fully invested, time is all I have left smile


Hakuna Matata.
What you need do is p p p.

Patience patience patience or buy some more cira 20 bob to have a good smile in 2013 !!!
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
VituVingiSana
#54 Posted : Thursday, July 28, 2011 7:20:22 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
If KCB is the Lion, then Equity is the Masai Moran ;-)

The Eagle is flying much higher than the Lion so Equity will take longer to catch up with the Eagle...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Cde Monomotapa
#55 Posted : Thursday, July 28, 2011 7:21:02 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
young wrote:
Cde Monomotapa wrote:
young wrote:
Cde Monomotapa wrote:
KCB: FY2011 eps-3.5, dps-1.75. My 2cts smile



@Cde you seem to be a strong believer in the lion

Indeed and what i've been looking for is un-folding. The capital is fully invested, time is all I have left smile


Hakuna Matata.
What you need do is p p p.

Patience patience patience or buy some more cira 20 bob to have a good smile in 2013 !!!

hehehe smile
young
#56 Posted : Thursday, July 28, 2011 7:23:01 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,075
Location: Lagos, Nigeria
That brings me back to good memory, you know I am a young old man.

The first KCB I bought in 2004 was 51 bob, it is like 5.1 bob of nowadays as it was before the 10:1 split in 2006.

Talk of history, but a sweet one. I know in years ahead KCB will give 5.1 bob dividend. You know very well I am a dividend man, otherwise I sale off and position in a better dividend yielding banking stock just as I left ARM to embrace BAMBURI early this year
My own is after I invest how much bob does it return to me relative to the purchase price ???
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
Cde Monomotapa
#57 Posted : Thursday, July 28, 2011 7:48:09 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
@young smile got a lot to learn from U.
Cde Monomotapa
#58 Posted : Thursday, July 28, 2011 8:11:02 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
NB: While investing in KCB I did not need it to perform as good as Equity in terms of metrics like Cost to income, RoE, RoC. But now that I am done, I expect it to do so smile and surely the improvements are beginning to show. Moral of my story? 1.Invest in weakness 2.Grow in strength 3.Divest toward peak - A winning investment formula.
young
#59 Posted : Thursday, July 28, 2011 8:54:48 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,075
Location: Lagos, Nigeria
Cde Monomotapa wrote:
NB: While investing in KCB I did not need it to perform as good as Equity in terms of metrics like Cost to income, RoE, RoC. But now that I am done, I expect it to do so smile and surely the improvements are beginning to show. Moral of my story? 1.Invest in weakness 2.Grow in strength 3.Divest toward peak - A winning investment formula.


That is right. Karibu Sana !


in addition :-


Continue to stay with a winning stock without sentiments, divorce (sell off) immediately it underperforms as per your investment objectives / targets.

The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
PKoli
#60 Posted : Thursday, July 28, 2011 10:36:48 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
young wrote:
@Kenyainvestor,

I have fully digested your H1 KCB results analysis. I fully agree with you in most areas in principles.

But looking forward on the flat board I expect Equity to outperform KCB at FY 2011, though the absolute profit margin difference will almost thin out. I predict the table will turn to the advantage of KCB in FY 2012.

On the dividend yield which is of much interest to me, for FY 2011 I expect a 1.50 dividend from KCB (20% above 2010) and 1.20 (50% above 2010) dividend from Equity.


Mzee Young,

I concur with your observations. I will be surprised if Equity Bank pays 50% higher dividends than last year.
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