wazua Tue, Mar 24, 2026
Welcome Guest Search | Active Topics | Log In

9 Pages«<56789>
KCB FY 2015 PBT +12% and PAT +16%
Options
Previous Topic · Next Topic
VituVingiSana
#61 Posted : Thursday, March 03, 2016 12:14:38 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
murchr wrote:
kizee1 wrote:
VituVingiSana wrote:
Something is not kosher according to @sang252 and you know he asks questions on matters others do not even know exist. I can't "picture" his tweet.

1) Why are all the SS translation losses of 6.1bn going below the line? [Permanent impairment]
2) SS showed a profit for 1Q 2Q 3Q. Have these profits [which were really profits with the devaluation] been reversed in 4Q?


SSP the SS currency was heavily devalued(from 3.06 to +18 to the USD) in Q4,.. translation of the SS balance sheet would explain said impairment


I expected Sunil to have been more aware of that, business in SS will be tricky till those 2 leaders are dethroned
Aware of what?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
murchr
#62 Posted : Thursday, March 03, 2016 12:44:56 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
VituVingiSana wrote:
murchr wrote:
kizee1 wrote:
VituVingiSana wrote:
Something is not kosher according to @sang252 and you know he asks questions on matters others do not even know exist. I can't "picture" his tweet.

1) Why are all the SS translation losses of 6.1bn going below the line? [Permanent impairment]
2) SS showed a profit for 1Q 2Q 3Q. Have these profits [which were really profits with the devaluation] been reversed in 4Q?


SSP the SS currency was heavily devalued(from 3.06 to +18 to the USD) in Q4,.. translation of the SS balance sheet would explain said impairment


I expected Sunil to have been more aware of that, business in SS will be tricky till those 2 leaders are dethroned
Aware of what?


South Sudan devalued its currency by 84 percent in Q4
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Back to top
  |
VituVingiSana
#63 Posted : Thursday, March 03, 2016 1:54:42 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
murchr wrote:
VituVingiSana wrote:
murchr wrote:
kizee1 wrote:
VituVingiSana wrote:
Something is not kosher according to @sang252 and you know he asks questions on matters others do not even know exist. I can't "picture" his tweet.

1) Why are all the SS translation losses of 6.1bn going below the line? [Permanent impairment]
2) SS showed a profit for 1Q 2Q 3Q. Have these profits [which were really profits with the devaluation] been reversed in 4Q?


SSP the SS currency was heavily devalued(from 3.06 to +18 to the USD) in Q4,.. translation of the SS balance sheet would explain said impairment


I expected Sunil to have been more aware of that, business in SS will be tricky till those 2 leaders are dethroned
Aware of what?


South Sudan devalued its currency by 84 percent in Q4
Are you serious?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
murchr
#64 Posted : Thursday, March 03, 2016 3:43:58 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
VituVingiSana wrote:
murchr wrote:
VituVingiSana wrote:
murchr wrote:
kizee1 wrote:
VituVingiSana wrote:
Something is not kosher according to @sang252 and you know he asks questions on matters others do not even know exist. I can't "picture" his tweet.

1) Why are all the SS translation losses of 6.1bn going below the line? [Permanent impairment]
2) SS showed a profit for 1Q 2Q 3Q. Have these profits [which were really profits with the devaluation] been reversed in 4Q?


SSP the SS currency was heavily devalued(from 3.06 to +18 to the USD) in Q4,.. translation of the SS balance sheet would explain said impairment


I expected Sunil to have been more aware of that, business in SS will be tricky till those 2 leaders are dethroned
Aware of what?


South Sudan devalued its currency by 84 percent in Q4
Are you serious?


About what?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Back to top
  |
murchr
#65 Posted : Thursday, March 03, 2016 7:41:40 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Back to top
  |
obiero
#66 Posted : Thursday, March 03, 2016 7:53:42 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,226
Location: nairobi
murchr wrote:
VituVingiSana wrote:
murchr wrote:
VituVingiSana wrote:
murchr wrote:
kizee1 wrote:
VituVingiSana wrote:
Something is not kosher according to @sang252 and you know he asks questions on matters others do not even know exist. I can't "picture" his tweet.

1) Why are all the SS translation losses of 6.1bn going below the line? [Permanent impairment]
2) SS showed a profit for 1Q 2Q 3Q. Have these profits [which were really profits with the devaluation] been reversed in 4Q?


SSP the SS currency was heavily devalued(from 3.06 to +18 to the USD) in Q4,.. translation of the SS balance sheet would explain said impairment


I expected Sunil to have been more aware of that, business in SS will be tricky till those 2 leaders are dethroned
Aware of what?


South Sudan devalued its currency by 84 percent in Q4
Are you serious?


About what?

One has to wonder how @vvs invests without macro knowledge

Back to top
WWW
  |
ngapat
#67 Posted : Thursday, March 03, 2016 8:37:51 AM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
kcb hints at buying stakes in Baclays

www.standardmedia.co.ke/...buying-stake-in-barclays
“Invest in yourself. Your career is the engine of your wealth.”
Back to top
  | | Edit by user: Thursday, March 03, 2016 8:40 AM | Reason: Not specified
delllatitude
#68 Posted : Thursday, March 03, 2016 8:40:04 AM
Rank: New-farer

Joined: 8/29/2010
Posts: 11
murchr wrote:
VituVingiSana wrote:
murchr wrote:
kizee1 wrote:
VituVingiSana wrote:
Something is not kosher according to @sang252 and you know he asks questions on matters others do not even know exist. I can't "picture" his tweet.

1) Why are all the SS translation losses of 6.1bn going below the line? [Permanent impairment]
2) SS showed a profit for 1Q 2Q 3Q. Have these profits [which were really profits with the devaluation] been reversed in 4Q?


SSP the SS currency was heavily devalued(from 3.06 to +18 to the USD) in Q4,.. translation of the SS balance sheet would explain said impairment


I expected Sunil to have been more aware of that, business in SS will be tricky till those 2 leaders are dethroned
Aware of what?


South Sudan devalued its currency by 84 percent in Q4


How do people arrive at this 84% devaluation figure? I thought the currency moved from 3.16 to 18 therefore the devaluation being >400%

Anyway, from Q4, the currency has lost value by 122% to the dollar. Business there will be very tricky and I expect major reorganisations in order to survive.
Back to top
  |
VituVingiSana
#69 Posted : Thursday, March 03, 2016 9:26:10 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
obiero wrote:
murchr wrote:
VituVingiSana wrote:
murchr wrote:
VituVingiSana wrote:
murchr wrote:
kizee1 wrote:
VituVingiSana wrote:
Something is not kosher according to @sang252 and you know he asks questions on matters others do not even know exist. I can't "picture" his tweet.

1) Why are all the SS translation losses of 6.1bn going below the line? [Permanent impairment]
2) SS showed a profit for 1Q 2Q 3Q. Have these profits [which were really profits with the devaluation] been reversed in 4Q?


SSP the SS currency was heavily devalued(from 3.06 to +18 to the USD) in Q4,.. translation of the SS balance sheet would explain said impairment


I expected Sunil to have been more aware of that, business in SS will be tricky till those 2 leaders are dethroned
Aware of what?


South Sudan devalued its currency by 84 percent in Q4
Are you serious?


About what?

One has to wonder how @vvs invests without macro knowledge

Kizungu ilikuja na meli.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  | | Edit by user: Thursday, March 03, 2016 9:27 AM | Reason: Not specified
VituVingiSana
#70 Posted : Thursday, March 03, 2016 9:51:54 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
obiero wrote:
murchr wrote:
VituVingiSana wrote:
murchr wrote:
VituVingiSana wrote:
murchr wrote:
kizee1 wrote:
VituVingiSana wrote:
Something is not kosher according to @sang252 and you know he asks questions on matters others do not even know exist. I can't "picture" his tweet.

1) Why are all the SS translation losses of 6.1bn going below the line? [Permanent impairment]
2) SS showed a profit for 1Q 2Q 3Q. Have these profits [which were really profits with the devaluation] been reversed in 4Q?


SSP the SS currency was heavily devalued(from 3.06 to +18 to the USD) in Q4,.. translation of the SS balance sheet would explain said impairment


I expected Sunil to have been more aware of that, business in SS will be tricky till those 2 leaders are dethroned
Aware of what?


South Sudan devalued its currency by 84 percent in Q4
Are you serious?


About what?

Are you serious that you think @sang252 didn't take into account the devaluation?
The question @Sang252 posed, if you tried to understand it wasn't about the impairment but its accounting treatment.

One has to wonder how @vvs invests without macro knowledge

@Obiero - Is Alex no longer whispering sweet nothings in your ears? And no, as you have so ably demonstrated over & over again you are much smarter than me.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
9 Pages«<56789>
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.