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Exchange Bar: Results forecast
Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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obiero wrote:VituVingiSana wrote:Boris Boyka wrote:obiero wrote:Q3 PBT in KES 'B
KCB 19.8
EQTY 18.4
COOP 13.5
BBK 9.8
SCBK 8.2
DTB 7.2
NIC 4.5
CFC 4.4
NBK 3.2
HFCK 1.1 @Obiero it seems growth is still on. When shall defaults,low loan uptake and current "economy crush" reflect in banks profits? In 2016. Banks are allowed to restructure loans & many will do just that after the 90 day period to designate loans as NPLs is exhausted. Watch out for 2Q 2016 results for banks start taking provisions for bad loans. @boris boyka.. the growth is sustained on increased interest rates on loans plus enhanced commissions on mobile banking which has been seen as more profitable than conventional alternative channels such as the ATM Indeed banks have gone the mobile transactions & internent banking way which is "expensive" to customers but very convinient thus likable and most used. That means Safaricom Will continue growing (proportionally) Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Chief Joined: 1/3/2007 Posts: 18,097 Location: Nairobi
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Boris Boyka wrote:obiero wrote:VituVingiSana wrote:Boris Boyka wrote:obiero wrote:Q3 PBT in KES 'B
KCB 19.8
EQTY 18.4
COOP 13.5
BBK 9.8
SCBK 8.2
DTB 7.2
NIC 4.5
CFC 4.4
NBK 3.2
HFCK 1.1 @Obiero it seems growth is still on. When shall defaults,low loan uptake and current "economy crush" reflect in banks profits? In 2016. Banks are allowed to restructure loans & many will do just that after the 90 day period to designate loans as NPLs is exhausted. Watch out for 2Q 2016 results for banks start taking provisions for bad loans. @boris boyka.. the growth is sustained on increased interest rates on loans plus enhanced commissions on mobile banking which has been seen as more profitable than conventional alternative channels such as the ATM Indeed banks have gone the mobile transactions & internent banking way which is "expensive" to customers but very convinient thus likable and most used. That means Safaricom Will continue growing (proportionally) And Imperial Bank has closed down. http://www.businessdaily...92/-/adljm1/-/index.htmlGreedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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VituVingiSana wrote:Boris Boyka wrote:obiero wrote:VituVingiSana wrote:Boris Boyka wrote:[quote=obiero]Q3 PBT in KES 'B
KCB 19.8
EQTY 18.4
COOP 13.5
BBK 9.8
SCBK 8.2
DTB 7.2
NIC 4.5
CFC 4.4
NBK 3.2
HFCK 1.1 @Obiero it seems growth is still on. When shall defaults,low loan uptake and current "economy crush" reflect in banks profits? In 2016. Banks are allowed to restructure loans & many will do just that after the 90 day period to designate loans as NPLs is exhausted. Watch out for 2Q 2016 results for banks start taking provisions for bad loans. @boris boyka.. the growth is sustained on increased interest rates on loans plus enhanced commissions on mobile banking which has been seen as more profitable than conventional alternative channels such as the ATM Indeed banks have gone the mobile transactions & internent banking way which is "expensive" to customers but very convinient thus likable and most used. That means Safaricom Will continue growing (proportionally) And Imperial Bank has closed down. http://www.businessdaily...2/-/adljm1/-/index.html[/quote] Reporting season about to kick off and this shall hybernate the bear in as far as financial sector is concerned.. It may be the best time to buy! Share for firms such as COOP, EQTY, HFCK & KCB are trading at false values
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Rank: Member Joined: 1/31/2007 Posts: 303
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People are not commenting on this  Truly the bear is in town and is not leaving anytime soon.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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moneydust wrote:People are not commenting on this Truly the bear is in town and is not leaving anytime soon. if banks are still reporting profit gains the bear is less worrying "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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Q3 PBT in KES 'B KCB 19.8 EQTY 18.4 Actual 18.1 COOP 13.5 BBK 9.8 SCBK 8.2 DTB 7.2 NIC 4.5 CFC 4.4 NBK 3.2 HFCK 1.1 Actual 1.1
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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mlennyma wrote:moneydust wrote:People are not commenting on this Truly the bear is in town and is not leaving anytime soon. if banks are still reporting profit gains the bear is less worrying In the unholy financial sector in Kenya, it should be understood that getting a drop in profits for any of the major banks is a very difficult task.. Near impossible. Think of 'free' school, church, government deposits being lent at 72%
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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obiero wrote:mlennyma wrote:moneydust wrote:People are not commenting on this Truly the bear is in town and is not leaving anytime soon. if banks are still reporting profit gains the bear is less worrying In the unholy financial sector in Kenya, it should be understood that getting a drop in profits for any of the major banks is a very difficult task.. Near impossible. Think of 'free' school, church, government deposits being lent at 72% With increased rates they're jus Smiling all the way to CBK. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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Boris Boyka wrote:obiero wrote:mlennyma wrote:moneydust wrote:People are not commenting on this Truly the bear is in town and is not leaving anytime soon. if banks are still reporting profit gains the bear is less worrying In the unholy financial sector in Kenya, it should be understood that getting a drop in profits for any of the major banks is a very difficult task.. Near impossible. Think of 'free' school, church, government deposits being lent at 72% With increased rates they're jus Smiling all the way to CBK. kama kawaida for every force in a forward direction there is one in the opposite direction, so I know wanjiku gets the beating from this,not good but indeed excellent and thorough beatings.
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Rank: Member Joined: 7/24/2010 Posts: 236 Location: nairobi
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obiero wrote:Q3 PBT in KES 'B
KCB 19.8
EQTY 18.4 Actual 18.1
COOP 13.5
BBK 9.8
SCBK 8.2
DTB 7.2
NIC 4.5
CFC 4.4
NBK 3.2
HFCK 1.1 Actual 1.1
You are doing fine @obiero so far, keep up. Am highly doubting Kcb and coop.
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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innovator wrote:obiero wrote:Q3 PBT in KES 'B
KCB 19.8
EQTY 18.4 Actual 18.1
COOP 13.5
BBK 9.8
SCBK 8.2
DTB 7.2
NIC 4.5
CFC 4.4
NBK 3.2
HFCK 1.1 Actual 1.1
You are doing fine @obiero so far, keep up. Am highly doubting Kcb and coop.  about coop I choose to disagree. McKinsey had paid them a visit the other day so they should be fine,  so if kcb want to be ok they should just call those McKinsey people .they work like magic
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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enyands wrote:innovator wrote:obiero wrote:Q3 PBT in KES 'B
KCB 19.8
EQTY 18.4 Actual 18.1
COOP 13.5
BBK 9.8
SCBK 8.2
DTB 7.2
NIC 4.5
CFC 4.4
NBK 3.2
HFCK 1.1 Actual 1.1
You are doing fine @obiero so far, keep up. Am highly doubting Kcb and coop. about coop I choose to disagree. McKinsey had paid them a visit the other day so they should be fine, so if kcb want to be ok they should just call those McKinsey people .they work like magic @innovator @enyands.. Lets wait and see. Verdict should be out soon enough
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,097 Location: Nairobi
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19.4bn PBT for KCB. Not too shabby. And @Obiero is within 2% of his estimate. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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VituVingiSana wrote:19.4bn PBT for KCB. Not too shabby. And @Obiero is within 2% of his estimate. Ethiopia approval obtained
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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obiero wrote:VituVingiSana wrote:19.4bn PBT for KCB. Not too shabby. And @Obiero is within 2% of his estimate. Ethiopia approval obtained @Obiero, what does opening a representative office mean? what will they allowed to do in Ethiopia?
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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heri wrote:obiero wrote:VituVingiSana wrote:19.4bn PBT for KCB. Not too shabby. And @Obiero is within 2% of his estimate. Ethiopia approval obtained @Obiero, what does opening a representative office mean? what will they allowed to do in Ethiopia? Same thing HSBC does in Kenya. Marketing for large corporate deals, mainly in syndicated loans.. Its a major plus, for KCB
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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obiero wrote:enyands wrote:innovator wrote:obiero wrote:Q3 PBT in KES 'B
KCB 19.8 Actual 19.4
EQTY 18.4 Actual 18.1
COOP 13.5
BBK 9.8
SCBK 8.2
DTB 7.2
NIC 4.5
CFC 4.4
NBK 3.2
HFCK 1.1 Actual 1.1
You are doing fine @obiero so far, keep up. Am highly doubting Kcb and coop. about coop I choose to disagree. McKinsey had paid them a visit the other day so they should be fine, so if kcb want to be ok they should just call those McKinsey people .they work like magic @innovator @enyands.. Lets wait and see. Verdict should be out soon enough The jury has spoken on KCB, lets wait for COOP which I vouch to have the highest percentage growth in PBT for any listed lender in Q3
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 3/15/2009 Posts: 359
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Total assets, 607 billion, 1 trillion mark will be crossed soon, of course to be assisted by deposit flight from small banks. The bank assets grew by 25% but the group assets grew by 34%, its the region that is powering this train. Wait till all regional entities achieve the efficiencies similar to those in Kenya
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Rank: Chief Joined: 1/3/2007 Posts: 18,097 Location: Nairobi
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shocks wrote:Total assets, 607billion, 1 trillion mark will be crossed soon, of course to be assisted by deposit flight from small banks 2017 at the earliest. Lots of competition from Equity for regional business. Max 800bn in 2016. 1 trillion will have to wait. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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