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CFC Stanbic HY 2011 up 36% pretax
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cnn
#1 Posted : Wednesday, August 10, 2011 6:16:18 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
Cfc stanbic bank pretax up 39%,EPS up 13% to 2.82,of course in our current market none of that counts.
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hisah
#2 Posted : Wednesday, August 10, 2011 7:52:41 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
cnn wrote:
Cfc stanbic bank pretax up 39%,EPS up 13% to 2.82,of course in our current market none of that counts.


During such times, good news will be bad news and bad news will be bad news! No logic, just raw irrational emotions.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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youcan'tstopusnow
#3 Posted : Wednesday, August 10, 2011 8:13:15 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
hisah wrote:
cnn wrote:
Cfc stanbic bank pretax up 39%,EPS up 13% to 2.82,of course in our current market none of that counts.


During such times, good news will be bad news and bad news will be bad news! No logic, just raw irrational emotions.


cnn, kwani who regulates these guys?
Their results seem prepared differently than the other banks thus very difficult for comparison purposes...
GOD BLESS YOUR LIFE
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mlennyma
#4 Posted : Thursday, August 11, 2011 8:24:13 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Its price has been fairly stable.i expect a 2-3 bob gain
"Don't let the fear of losing be greater than the excitement of winning."
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StatMeister
#5 Posted : Thursday, August 11, 2011 8:27:25 AM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
mlennyma wrote:
Its price has been fairly stable.i expect a 2-3 bob gain

Did you mean minus 2-3 bob?
A bad day fishing is better than a good day at work
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mlennyma
#6 Posted : Thursday, August 11, 2011 8:35:21 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
A plus bana give it 54-55
"Don't let the fear of losing be greater than the excitement of winning."
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StatMeister
#7 Posted : Thursday, August 11, 2011 8:58:41 AM
Rank: Veteran

Joined: 5/23/2010
Posts: 868
Location: La Islas Galápagos
I hope you're right, but market data points south.
A bad day fishing is better than a good day at work
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mukiha
#8 Posted : Thursday, August 11, 2011 10:21:27 AM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
youcan'tstopusnow wrote:
hisah wrote:
cnn wrote:
Cfc stanbic bank pretax up 39%,EPS up 13% to 2.82,of course in our current market none of that counts.


During such times, good news will be bad news and bad news will be bad news! No logic, just raw irrational emotions.


cnn, kwani who regulates these guys?
Their results seem prepared differently than the other banks thus very difficult for comparison purposes...

Check today's DN, p42; you will see the results of CFC Stanbic BANK Ltd - these are in line with CBK regulations and are similar to other banks. This company is NOT listed on the NSE!!!!!

ON P43, there are results of CFC Stanbic HOLDINGDS Ltd. This is the listed company and it owns 100% of CFC Stanbic BANK Ltd as well as CFC Stanbic FINANCIAL SERVICES Ltd.

The accounts of CFCSH do NOT have to follow CBK regulations while those of CFCSB do.
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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QW25071985
#9 Posted : Thursday, August 11, 2011 10:39:03 AM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
Its almost 1 hr into trading and there are no trades.
Lo! lo! lo! lo .

May be somebody is expecting a rally.
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xxxxx
#10 Posted : Thursday, August 11, 2011 10:58:09 AM
Rank: Member

Joined: 3/20/2008
Posts: 503
QW25071985 wrote:
Its almost 1 hr into trading and there are no trades.
Lo! lo! lo! lo .

May be somebody is expecting a rally.


..you have no idea what kind of people invest in Stanbic Pray
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