wazua Mon, Mar 30, 2026
Welcome Guest Search | Active Topics | Log In

3 Pages<123>
COOP, Barclays, NBK, banks HY 2011 result analysis
muganda
#11 Posted : Wednesday, August 03, 2011 10:42:47 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
I'm reading about the COOP results here http://af.reuters.com/article/k...ws/idAFL6E7J303720110803
Fyatu
#12 Posted : Wednesday, August 03, 2011 10:54:47 AM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
selah wrote:
COOP PAT Jumps from 2.3B to 3.3B


Applause
Dumb money becomes dumb only when it listens to smart money
kenyainvestor
#13 Posted : Wednesday, August 03, 2011 10:57:00 AM
Rank: Member

Joined: 7/12/2011
Posts: 194
Cde Monomotapa wrote:
the deal wrote:
Cde Monomotapa wrote:
Poor Beberu bank smile

What do u mean poor??? They're doing almost the same PAT with KCB with their Zillion Assetssmile

sorry that u thought they'd be another custodial to be sold, but u can keep waiting smile


THE REIGN IS OVER!
LATEST BLOG POST: NSE BANKING SECTOR REPORT - THE TOP 5
FACEBOOK: Kenya Investing
TWITTER HANDLE: @kenyainvestor
Cde Monomotapa
#14 Posted : Wednesday, August 03, 2011 11:04:58 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
kenyainvestor wrote:
Cde Monomotapa wrote:
the deal wrote:
Cde Monomotapa wrote:
Poor Beberu bank smile

What do u mean poor??? They're doing almost the same PAT with KCB with their Zillion Assetssmile

sorry that u thought they'd be another custodial to be sold, but u can keep waiting smile


THE REIGN IS OVER!

selah
#15 Posted : Wednesday, August 03, 2011 11:27:42 AM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
I think The CEO has assured the investors in regards to the speculation of a right Issue.


Quote:
Muriuki dismissed speculation the bank was looking to raise capital by going to the market.

"We have no plans for a rights issue. We will use retained profits to sustain our balance sheet," he added.


muganda wrote:
I'm reading about the COOP results here http://af.reuters.com/article/k...ws/idAFL6E7J303720110803

'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
HondUgwe
#16 Posted : Wednesday, August 03, 2011 11:31:37 AM
Rank: Hello

Joined: 5/4/2011
Posts: 4
An end of year bonus from Coop? that would be so sweet!
cnn
#17 Posted : Wednesday, August 03, 2011 11:40:40 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
And National Bank becomes the first of the listed banks to report a decline in half year profits,pre-tax down 8% from last year to 1.1 billion.
muganda
#18 Posted : Wednesday, August 03, 2011 11:53:00 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Wazua, please modify title to include another bank - NBK - since they are all in the party together.

I got email from broker saying operating income increased by 26%, profit before tax was 1.1b (8% below last year) arising due to revaluation of government securities.

No fanfare, No dividend, blah blah, government still in charge.

http://af.reuters.com/article/k...ws/idAFN6E7IP00Q20110803

Barrywhite
#19 Posted : Wednesday, August 03, 2011 12:06:46 PM
Rank: Member

Joined: 12/2/2009
Posts: 286
Location: Nairobi
Glad l jumped out of NBK quickly and early even though for a loss. It was a bad move to buy. Cut my losses at 2/- per share. I'd be grinding and gnashing teeth now.
The laudable is more often than not rendered laughable by overclaim
selah
#20 Posted : Wednesday, August 03, 2011 12:11:28 PM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
NBK is so over reliant on loans and GSec, with very little coming from other incomes, this always causes problems when interest rates and inflation rise.

The management should diversify its income streams, full yr result will definitely be disappointing if they maintain the same investment strategy.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
3 Pages<123>
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.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.