Wazua
»
Investor
»
Stocks
»
Exchange Bar: Results forecast
Rank: Elder Joined: 12/4/2009 Posts: 10,677 Location: NAIROBI
|
@Obiero You can't compare the aggressiveness and management style of safaricom with coop to justify the same thing was said about safaricom. Huge number of issued shares is not a problem.Like I mentioned the bank needs to become aggressive in terms of how it does business. I mentioned in another post that for this bank to achieve its potential;Gideon Muriuki the current CEO needs to retire from it's day to day running. The bank needs fresh blood and ideas.Gideon has been there since 1998 and right now has no new strategic ideas and there is no succession planning. If you want to know a good company to invest to;look at the succession planning.If there is none just know there are fishy deals been done by the current CEO and he doesn't want to leave the position for fear of the deals being exposed by his successor;Uchumi style what Kipngetich has exposed the rot that was being conducted and hidden by Jonathan Ciano. The company also pays measly dividends;the payout is less than 30% of the after tax profit going by the previous year's results. If they declare 30% payout as dividend on the after tax for FY2015 that will be fantastic news.70% as retained earnings I think that is adequate. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,497 Location: nairobi
|
Ericsson wrote:@Obiero You can't compare the aggressiveness and management style of safaricom with coop to justify the same thing was said about safaricom. Huge number of issued shares is not a problem.Like I mentioned the bank needs to become aggressive in terms of how it does business. I mentioned in another post that for this bank to achieve its potential;Gideon Muriuki the current CEO needs to retire from it's day to day running. The bank needs fresh blood and ideas.Gideon has been there since 1998 and right now has no new strategic ideas and there is no succession planning. If you want to know a good company to invest to;look at the succession planning.If there is none just know there are fishy deals been done by the current CEO and he doesn't want to leave the position for fear of the deals being exposed by his successor;Uchumi style what Kipngetich has exposed the rot that was being conducted and hidden by Jonathan Ciano. The company also pays measly dividends;the payout is less than 30% of the after tax profit going by the previous year's results. If they declare 30% payout as dividend on the after tax for FY2015 that will be fantastic news.70% as retained earnings I think that is adequate. Agreed. Just thought referring to number of listed shares was neither here nor there. Indeed, the bank can do better, but based on percentage growth in last few quarters, I would state that they are not doing badly! HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
|
Ericsson wrote:@Obiero You can't compare the aggressiveness and management style of safaricom with coop to justify the same thing was said about safaricom. Huge number of issued shares is not a problem.Like I mentioned the bank needs to become aggressive in terms of how it does business. I mentioned in another post that for this bank to achieve its potential;Gideon Muriuki the current CEO needs to retire from it's day to day running. The bank needs fresh blood and ideas.Gideon has been there since 1998 and right now has no new strategic ideas and there is no succession planning. If you want to know a good company to invest to;look at the succession planning.If there is none just know there are fishy deals been done by the current CEO and he doesn't want to leave the position for fear of the deals being exposed by his successor;Uchumi style what Kipngetich has exposed the rot that was being conducted and hidden by Jonathan Ciano. The company also pays measly dividends;the payout is less than 30% of the after tax profit going by the previous year's results. If they declare 30% payout as dividend on the after tax for FY2015 that will be fantastic news.70% as retained earnings I think that is adequate. There is wisdom in changing the CEO or CFO every few years to expose the rot. KCB has an 8 year limit for directors. Safaricom changes CFOs. Mumias -- post-Kidero & post-Kebati = Losses KQ -- post-Naikuni = Huge losses KK -- post-Segman = Losses & write-offs Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,497 Location: nairobi
|
VituVingiSana wrote:Ericsson wrote:@Obiero You can't compare the aggressiveness and management style of safaricom with coop to justify the same thing was said about safaricom. Huge number of issued shares is not a problem.Like I mentioned the bank needs to become aggressive in terms of how it does business. I mentioned in another post that for this bank to achieve its potential;Gideon Muriuki the current CEO needs to retire from it's day to day running. The bank needs fresh blood and ideas.Gideon has been there since 1998 and right now has no new strategic ideas and there is no succession planning. If you want to know a good company to invest to;look at the succession planning.If there is none just know there are fishy deals been done by the current CEO and he doesn't want to leave the position for fear of the deals being exposed by his successor;Uchumi style what Kipngetich has exposed the rot that was being conducted and hidden by Jonathan Ciano. The company also pays measly dividends;the payout is less than 30% of the after tax profit going by the previous year's results. If they declare 30% payout as dividend on the after tax for FY2015 that will be fantastic news.70% as retained earnings I think that is adequate. There is wisdom in changing the CEO or CFO every few years to expose the rot. KCB has an 8 year limit for directors. Safaricom changes CFOs. Mumias -- post-Kidero & post-Kebati = Losses KQ -- post-Naikuni = Huge losses KK -- post-Segman = Losses & write-offs That is true. Atleast you agree that ngunze is not the issue at KQ HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
obiero wrote:VituVingiSana wrote:Ericsson wrote:@Obiero You can't compare the aggressiveness and management style of safaricom with coop to justify the same thing was said about safaricom. Huge number of issued shares is not a problem.Like I mentioned the bank needs to become aggressive in terms of how it does business. I mentioned in another post that for this bank to achieve its potential;Gideon Muriuki the current CEO needs to retire from it's day to day running. The bank needs fresh blood and ideas.Gideon has been there since 1998 and right now has no new strategic ideas and there is no succession planning. If you want to know a good company to invest to;look at the succession planning.If there is none just know there are fishy deals been done by the current CEO and he doesn't want to leave the position for fear of the deals being exposed by his successor;Uchumi style what Kipngetich has exposed the rot that was being conducted and hidden by Jonathan Ciano. The company also pays measly dividends;the payout is less than 30% of the after tax profit going by the previous year's results. If they declare 30% payout as dividend on the after tax for FY2015 that will be fantastic news.70% as retained earnings I think that is adequate. There is wisdom in changing the CEO or CFO every few years to expose the rot. KCB has an 8 year limit for directors. Safaricom changes CFOs. Mumias -- post-Kidero & post-Kebati = Losses KQ -- post-Naikuni = Huge losses KK -- post-Segman = Losses & write-offs That is true. Atleast you agree that ngunze is not the issue at KQ Which means predecessors cooked books, abetted dirty deals and siphoned company cash resources prior to their exit. When Coop bank CEO retires I'll keep off this counter until the rot unfolds to establish new equilibrium. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,095 Location: Nairobi
|
obiero wrote:VituVingiSana wrote:Ericsson wrote:@Obiero You can't compare the aggressiveness and management style of safaricom with coop to justify the same thing was said about safaricom. Huge number of issued shares is not a problem.Like I mentioned the bank needs to become aggressive in terms of how it does business. I mentioned in another post that for this bank to achieve its potential;Gideon Muriuki the current CEO needs to retire from it's day to day running. The bank needs fresh blood and ideas.Gideon has been there since 1998 and right now has no new strategic ideas and there is no succession planning. If you want to know a good company to invest to;look at the succession planning.If there is none just know there are fishy deals been done by the current CEO and he doesn't want to leave the position for fear of the deals being exposed by his successor;Uchumi style what Kipngetich has exposed the rot that was being conducted and hidden by Jonathan Ciano. The company also pays measly dividends;the payout is less than 30% of the after tax profit going by the previous year's results. If they declare 30% payout as dividend on the after tax for FY2015 that will be fantastic news.70% as retained earnings I think that is adequate. There is wisdom in changing the CEO or CFO every few years to expose the rot. KCB has an 8 year limit for directors. Safaricom changes CFOs. Mumias -- post-Kidero & post-Kebati = Losses KQ -- post-Naikuni = Huge losses KK -- post-Segman = Losses & write-offs That is true. Atleast you agree that ngunze is not the issue at KQ Check my earlier posts and I have indicated Ngunze was given a rotten apple. It's Naikuni & Mbugua behind KQ's destruction with Project Mawingu. Something doesn't sit right with me that Mbugua is still the CFO. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,497 Location: nairobi
|
VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Ericsson wrote:@Obiero You can't compare the aggressiveness and management style of safaricom with coop to justify the same thing was said about safaricom. Huge number of issued shares is not a problem.Like I mentioned the bank needs to become aggressive in terms of how it does business. I mentioned in another post that for this bank to achieve its potential;Gideon Muriuki the current CEO needs to retire from it's day to day running. The bank needs fresh blood and ideas.Gideon has been there since 1998 and right now has no new strategic ideas and there is no succession planning. If you want to know a good company to invest to;look at the succession planning.If there is none just know there are fishy deals been done by the current CEO and he doesn't want to leave the position for fear of the deals being exposed by his successor;Uchumi style what Kipngetich has exposed the rot that was being conducted and hidden by Jonathan Ciano. The company also pays measly dividends;the payout is less than 30% of the after tax profit going by the previous year's results. If they declare 30% payout as dividend on the after tax for FY2015 that will be fantastic news.70% as retained earnings I think that is adequate. There is wisdom in changing the CEO or CFO every few years to expose the rot. KCB has an 8 year limit for directors. Safaricom changes CFOs. Mumias -- post-Kidero & post-Kebati = Losses KQ -- post-Naikuni = Huge losses KK -- post-Segman = Losses & write-offs That is true. Atleast you agree that ngunze is not the issue at KQ Check my earlier posts and I have indicated Ngunze was given a rotten apple. It's Naikuni & Mbugua behind KQ's destruction with Project Mawingu. Something doesn't sit right with me that Mbugua is still the CFO. I am working hard to get him out. Please give 6-8 weeks HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
|
obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Ericsson wrote:@Obiero You can't compare the aggressiveness and management style of safaricom with coop to justify the same thing was said about safaricom. Huge number of issued shares is not a problem.Like I mentioned the bank needs to become aggressive in terms of how it does business. I mentioned in another post that for this bank to achieve its potential;Gideon Muriuki the current CEO needs to retire from it's day to day running. The bank needs fresh blood and ideas.Gideon has been there since 1998 and right now has no new strategic ideas and there is no succession planning. If you want to know a good company to invest to;look at the succession planning.If there is none just know there are fishy deals been done by the current CEO and he doesn't want to leave the position for fear of the deals being exposed by his successor;Uchumi style what Kipngetich has exposed the rot that was being conducted and hidden by Jonathan Ciano. The company also pays measly dividends;the payout is less than 30% of the after tax profit going by the previous year's results. If they declare 30% payout as dividend on the after tax for FY2015 that will be fantastic news.70% as retained earnings I think that is adequate. There is wisdom in changing the CEO or CFO every few years to expose the rot. KCB has an 8 year limit for directors. Safaricom changes CFOs. Mumias -- post-Kidero & post-Kebati = Losses KQ -- post-Naikuni = Huge losses KK -- post-Segman = Losses & write-offs That is true. Atleast you agree that ngunze is not the issue at KQ Check my earlier posts and I have indicated Ngunze was given a rotten apple. It's Naikuni & Mbugua behind KQ's destruction with Project Mawingu. Something doesn't sit right with me that Mbugua is still the CFO. I am working hard to get him out. Please give 6-8 weeks In spirit of kutoa watu please nitolee Gideon
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,497 Location: nairobi
|
obiero wrote:Q4 PBT in KES 'B KCB 25.9 EQTY 24.2 COOP 16.1 BBK 12.4 SCBK 12.1 DTB 9.1 NIC 6.7 CFC 6.1 NBK 4.3 HFCK 1.5 Dividend season approaching fast.. Had predicted COOP to jump into top three which has already happened, and now I opine that DTB shall be the fourth largest Kenyan bank by PBT come Q3 2016, thanks to heavy uptake of the IBL clientbase HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,497 Location: nairobi
|
KQ revised full year projection including sale of 2 Boeing planes as well as Embakasi land in final stage of sign off HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,497 Location: nairobi
|
next week, we get to see the banks fy performance.. anxious much?? HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
|
obiero wrote:next week, we get to see the banks fy performance.. anxious much?? Whats your take on NBK? possunt quia posse videntur
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,677 Location: NAIROBI
|
In the next 3 weeks it's gonna be busy as nearly 90% of the companies release their full and half year results. Insurance,manufacturing,energy companies included. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
|
|
Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
|
Ericsson wrote:In the next 3 weeks it's gonna be busy as nearly 90% of the companies release their full and half year results. Insurance,manufacturing,energy companies included.
How can you forget banking.. Anyway I know you only remembered where you're invested. Am not in banking either. Waiting for Bmb Kk KeRe Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,677 Location: NAIROBI
|
@Boris Boyka Obiero had already mentioned banking so I was continuing his statement.I'm heavily invested there by the way. Read my statement;I said included. Ama wewe english ilipita kwa gate. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
Ericsson wrote:@Boris Boyka Obiero had already mentioned banking so I was continuing his statement.I'm heavily invested there by the way. Read my statement;I said included. Ama wewe english ilipita kwa gate. As you can see the mini rally I have been reminding you has begun officially today ahead of results announcements as from next week. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,497 Location: nairobi
|
Spikes wrote:Ericsson wrote:@Boris Boyka Obiero had already mentioned banking so I was continuing his statement.I'm heavily invested there by the way. Read my statement;I said included. Ama wewe english ilipita kwa gate. As you can see the mini rally I have been reminding you has begun officially today ahead of results announcements as from next week. The long awaited week is finally here HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
|
obiero wrote:Spikes wrote:Ericsson wrote:@Boris Boyka Obiero had already mentioned banking so I was continuing his statement.I'm heavily invested there by the way. Read my statement;I said included. Ama wewe english ilipita kwa gate. As you can see the mini rally I have been reminding you has begun officially today ahead of results announcements as from next week. The long awaited week is finally here Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
|
|
Rank: Member Joined: 7/24/2010 Posts: 236 Location: nairobi
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,182 Location: nairobi
|
innovator wrote:which one first?
Hfck? "Don't let the fear of losing be greater than the excitement of winning."
|
|
Wazua
»
Investor
»
Stocks
»
Exchange Bar: Results forecast
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.
|