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NBK announces 1.2 billion shilling loss
whiteowl
#11 Posted : Thursday, March 31, 2016 10:49:59 AM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
This is heading to 1/= to join Mumias.Being a govt firm, there is no turnaround in sight!
Othelo
#12 Posted : Thursday, March 31, 2016 10:57:06 AM
Rank: User

Joined: 1/20/2014
Posts: 3,528
@maka what sayeth you on this ......... smile
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
heri
#13 Posted : Thursday, March 31, 2016 11:13:23 AM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
muganda wrote:
Oh my, just finished going through the report:


Does this mean we should be taking the HY financials with a pinch of salt? or maybe it is the new CB Governor who is ensuring clean up

How can HY profits reverse to such a loss at year end
whiteowl
#14 Posted : Thursday, March 31, 2016 11:26:48 AM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
heri wrote:
muganda wrote:
Oh my, just finished going through the report:


Does this mean we should be taking the HY financials with a pinch of salt? or maybe it is the new CB Governor who is ensuring clean up

How can HY profits reverse to such a loss at year end


This makes one question all banks' results posted before the new CBK governor came in.
mlennyma
#15 Posted : Thursday, March 31, 2016 11:43:15 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
whiteowl wrote:
This is heading to 1/= to join Mumias.Being a govt firm, there is no turnaround in sight!

can i see well,one dude wants 300k shares for 1bob a piece??
"Don't let the fear of losing be greater than the excitement of winning."
hisah
#16 Posted : Thursday, March 31, 2016 12:09:31 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
whiteowl wrote:
heri wrote:
muganda wrote:
Oh my, just finished going through the report:


Does this mean we should be taking the HY financials with a pinch of salt? or maybe it is the new CB Governor who is ensuring clean up

How can HY profits reverse to such a loss at year end


This makes one question all banks' results posted before the new CBK governor came in.

That's the final trigger for a bidless vacuum to pop up. If there's one thing a CB fears is a confidence crisis. Trust is very expensive to bail out!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
maka
#17 Posted : Thursday, March 31, 2016 12:24:58 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
hisah wrote:
whiteowl wrote:
heri wrote:
muganda wrote:
Oh my, just finished going through the report:


Does this mean we should be taking the HY financials with a pinch of salt? or maybe it is the new CB Governor who is ensuring clean up

How can HY profits reverse to such a loss at year end


This makes one question all banks' results posted before the new CBK governor came in.

That's the final trigger for a bidless vacuum to pop up. If there's one thing a CB fears is a confidence crisis. Trust is very expensive to bail out!


This is bad...
possunt quia posse videntur
Sober
#18 Posted : Thursday, March 31, 2016 12:25:38 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
hisah wrote:
whiteowl wrote:
heri wrote:
muganda wrote:
Oh my, just finished going through the report:


Does this mean we should be taking the HY financials with a pinch of salt? or maybe it is the new CB Governor who is ensuring clean up

How can HY profits reverse to such a loss at year end


This makes one question all banks' results posted before the new CBK governor came in.

That's the final trigger for a bidless vacuum to pop up. If there's one thing a CB fears is a confidence crisis. Trust is very expensive to bail out!


So who should be analysing the results for us now that it seems figures can be played with to cushion negative news only to explode later.

How is the price gaining after announcing a loss? There is a trap here for the guys buying
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
maka
#19 Posted : Thursday, March 31, 2016 12:30:17 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Sober wrote:
hisah wrote:
whiteowl wrote:
heri wrote:
muganda wrote:
Oh my, just finished going through the report:


Does this mean we should be taking the HY financials with a pinch of salt? or maybe it is the new CB Governor who is ensuring clean up

How can HY profits reverse to such a loss at year end


This makes one question all banks' results posted before the new CBK governor came in.

That's the final trigger for a bidless vacuum to pop up. If there's one thing a CB fears is a confidence crisis. Trust is very expensive to bail out!


So who should be analysing the results for us now that it seems figures can be played with to cushion negative news only to explode later.

How is the price gaining after announcing a loss? There is a trap here for the guys buying



Sold at 13.10 yesterday everything...let me stick to bonds hii ukora is just too much....
possunt quia posse videntur
MadDoc
#20 Posted : Thursday, March 31, 2016 12:32:20 PM
Rank: Member

Joined: 10/26/2015
Posts: 151
mlennyma wrote:
whiteowl wrote:
This is heading to 1/= to join Mumias.Being a govt firm, there is no turnaround in sight!

can i see well,one dude wants 300k shares for 1bob a piece??

Laughing out loudly Laughing out loudly I also thought I needed stronger lenses
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