Wazua
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suntra made loss
Rank: Member Joined: 10/24/2008 Posts: 223
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suntra investment bank has reported 47m pbt for the hf results.
mwana wa kahii. . .
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Rank: Member Joined: 10/24/2008 Posts: 223
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well,a loss of 47million before tax,not profit.
mwana wa kahii. . .
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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Thank God I left in good time. The Hague...or Local Triburnal ama TJRC. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Member Joined: 10/11/2008 Posts: 134
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Anyone with an update of what happened to that brookerage firm that went bankrupt with pensioneers money are they still forming those commisions of inquiry blah blah?
Jay
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Rank: Veteran Joined: 10/17/2008 Posts: 1,234
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who else has reported? just seen on twitter that 4 have reported today but no details
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Rank: Veteran Joined: 10/17/2008 Posts: 1,234
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@Impunity
It is too early to celebrate your bailing out - most of them are likely to report losses going by their strong opposition to the reporting rules and deadline of 31st Aug.
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Rank: Member Joined: 10/24/2008 Posts: 223
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from where i sit,all the brokerage firms,investment banks and a handful of funds managers have made losses for their six months reporting. the bigger the firm the higher the losses. this doesnt look glimmer for their fy reporting.
btw,what would be the scenario were all these firms to go under.
mwana wa kahii. . . .
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Rank: Veteran Joined: 11/14/2006 Posts: 1,311
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Someone should explain why the balance sheet has not balanced as at 30th June 2009.
Total Equity & Liabilities = Kes 558,560,491
Total Assets = Kes 555,623,356.
Source: Daily nation 28th August 2009 page 19.
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Rank: Member Joined: 10/11/2008 Posts: 134
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@liv
Be carefull bude it could be a 'computer error' the one that uhuru the finance minister told kenyans a few months back
Jay
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Rank: Veteran Joined: 7/24/2008 Posts: 781
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This is why the markets are falling....lets wait for the father of em all...D&B The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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suntra made loss
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