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Barclays Bank Kenya H1 pre-tax profit up 13pc
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Cde Monomotapa
#11 Posted : Wednesday, August 03, 2011 10:44:34 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Impunity wrote:
Cde Monomotapa wrote:
If BBK can save 1B from laying off staff then KCB can save 2B! Laughing out loudly Laughing out loudly Laughing out loudly Rooar!!


And Ekwete 5B...LOAR!!!
Applause Applause Applause

EBL will make some savings but remember BBK & KCB had more senior staff in age/tenure/ position (pple with over 25yrs salary reviews!!)
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ngapat
#12 Posted : Wednesday, August 03, 2011 12:06:10 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
I see either flat or a drop in FY 2011 results
“Invest in yourself. Your career is the engine of your wealth.”
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githundi
#13 Posted : Wednesday, August 03, 2011 12:35:12 PM
Rank: Veteran

Joined: 11/19/2010
Posts: 1,308
Location: nairobi metropolitan
ngapat wrote:
I see either flat or a drop in FY 2011 results

must be a drop, unless they sell more assets.
Democracy does not belong to the dead
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Cde Monomotapa
#14 Posted : Wednesday, August 03, 2011 12:43:32 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
githundi wrote:
ngapat wrote:
I see either flat or a drop in FY 2011 results

must be a drop, unless they sell more assets.

Laughing out loudly Laughing out loudly
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kenyainvestor
#15 Posted : Wednesday, August 03, 2011 12:50:25 PM
Rank: Member

Joined: 7/12/2011
Posts: 194
Funny how management term customer deposits as "stable" as if it is a good thing. BBK's peers are experiencing a rise in customer deposits while all they can deliver is a 1.6% decline. "Mice" should jump from this ship

For a comprehensive analysis of the results check out my blog

LINK: BARCLAYS BANK OF KENYA HALF YEAR 2011 RESULTS ANALYSIS
LATEST BLOG POST: NSE BANKING SECTOR REPORT - THE TOP 5
FACEBOOK: Kenya Investing
TWITTER HANDLE: @kenyainvestor
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kenyainvestor
#16 Posted : Wednesday, August 03, 2011 12:55:55 PM
Rank: Member

Joined: 7/12/2011
Posts: 194
Cde Monomotapa wrote:
githundi wrote:
ngapat wrote:
I see either flat or a drop in FY 2011 results

must be a drop, unless they sell more assets.

Laughing out loudly Laughing out loudly


Yep, no more custodial businesses to sellSad
LATEST BLOG POST: NSE BANKING SECTOR REPORT - THE TOP 5
FACEBOOK: Kenya Investing
TWITTER HANDLE: @kenyainvestor
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Cde Monomotapa
#17 Posted : Wednesday, August 03, 2011 1:25:03 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
BBK & SCBK are two stocks I would've loved to short-sell!!
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githundi
#18 Posted : Wednesday, August 03, 2011 2:20:16 PM
Rank: Veteran

Joined: 11/19/2010
Posts: 1,308
Location: nairobi metropolitan
My advise to those have either BBK or SCBK; sell and buy stocks with more upside potential.
Democracy does not belong to the dead
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Gordon Gekko
#19 Posted : Wednesday, August 03, 2011 2:32:57 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
githundi wrote:
My advise to those have either BBK or SCBK; sell and buy stocks with more upside potential.


It's past sell territory now. If holding, die with them till after elections.Sad
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mkonomtupu
#20 Posted : Wednesday, August 03, 2011 4:00:51 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
they should shed off that elitist tag or they will just fade, the business dynamics are changing so fast with new entrepreneurs emerging and stories like how they pursued and sold matiba's assets don't help them either
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