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Exchange Bar: Results forecast end 2025
Rank: Member Joined: 1/3/2014 Posts: 257
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obiero wrote:The Exchange Bar Quarterly Forecast for Q3 2017, PBT figures in KES B: KCB 21.8 Actual 22.4 EQTY 20.4 Actual 20.7 COOP 14.4 Actual 13.7 SCBK 7.7 Actual 6.8 DTB 7.6 Actual 7.5 BBK 7.4 I&M 6.6 CFC 3.9 NIC 3.9 HFCK 0.41 NBK 0.31
For comparison look how Q3 2016,figures in KES B were: Equity 21.6 Actual 21.5 KCB 21.4 Actual 22.9 COOP 15.1 Actual 15.2 SCBK 11.3 Actual 11.1 BBK 8.9 Actual 8.7 DTB 7.9 Actual 7.8 I&M 7.2 Actual 7.3 CFC 5.2 Actual 4.8 NIC 5.1 Actual 4.7 HFCK 1.4 Actual 1.2 NBK 0.67 Actual 0.74
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Rank: Elder Joined: 6/23/2009 Posts: 14,476 Location: nairobi
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snipermnoma wrote:obiero wrote:The Exchange Bar Quarterly Forecast for Q3 2017, PBT figures in KES B: KCB 21.8 Actual 22.4 EQTY 20.4 Actual 20.7 COOP 14.4 Actual 13.7 SCBK 7.7 Actual 6.8 DTB 7.6 Actual 7.5 BBK 7.4 I&M 6.6 CFC 3.9 NIC 3.9 HFCK 0.41 NBK 0.31
For comparison look how Q3 2016,figures in KES B were: Equity 21.6 Actual 21.5 KCB 21.4 Actual 22.9 COOP 15.1 Actual 15.2 SCBK 11.3 Actual 11.1 BBK 8.9 Actual 8.7 DTB 7.9 Actual 7.8 I&M 7.2 Actual 7.3 CFC 5.2 Actual 4.8 NIC 5.1 Actual 4.7 HFCK 1.4 Actual 1.2 NBK 0.67 Actual 0.74 The worst is yet to come.. COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 6/23/2009 Posts: 14,476 Location: nairobi
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obiero wrote:Kenya Airways  The results are out.. Operating profit 1.4B, loss after tax 3.8B COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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obiero wrote:obiero wrote:Kenya Airways  The results are out.. Operating profit 1.4B, loss after tax 3.8B Well results are worse than you estimated... 2H could be terrible 1. Surging oil prices 2. Current political situation
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Rank: Elder Joined: 6/23/2009 Posts: 14,476 Location: nairobi
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the deal wrote:obiero wrote:obiero wrote:Kenya Airways  The results are out.. Operating profit 1.4B, loss after tax 3.8B Well results are worse than you estimated... 2H could be terrible 1. Surging oil prices 2. Current political situation All businesses are affected COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Chief Joined: 1/3/2007 Posts: 18,437 Location: Nairobi
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obiero wrote:the deal wrote:obiero wrote:obiero wrote:Kenya Airways  The results are out.. Operating profit 1.4B, loss after tax 3.8B Well results are worse than you estimated... 2H could be terrible 1. Surging oil prices 2. Current political situation All businesses are affected Not all businesses have negative equity, make losses or need bailouts. 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: 14,476 Location: nairobi
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VituVingiSana wrote:obiero wrote:the deal wrote:obiero wrote:obiero wrote:Kenya Airways  The results are out.. Operating profit 1.4B, loss after tax 3.8B Well results are worse than you estimated... 2H could be terrible 1. Surging oil prices 2. Current political situation All businesses are affected Not all businesses have negative equity, make losses or need bailouts. Like Nakumatt?? COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Chief Joined: 1/3/2007 Posts: 18,437 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:the deal wrote:obiero wrote:obiero wrote:Kenya Airways  The results are out.. Operating profit 1.4B, loss after tax 3.8B Well results are worse than you estimated... 2H could be terrible 1. Surging oil prices 2. Current political situation All businesses are affected Not all businesses have negative equity, make losses or need bailouts. Like Nakumatt?? Not all businesses have negative equity, make losses or need bailouts. Or get bailouts from Taxpayers. 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: 14,476 Location: nairobi
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:the deal wrote:obiero wrote:obiero wrote:Kenya Airways  The results are out.. Operating profit 1.4B, loss after tax 3.8B Well results are worse than you estimated... 2H could be terrible 1. Surging oil prices 2. Current political situation All businesses are affected Not all businesses have negative equity, make losses or need bailouts. Like Nakumatt?? Not all businesses have negative equity, make losses or need bailouts. Or get bailouts from Taxpayers. Indeed KQ is privileged in terms of the bailout.. As for negative equity and losses, management knows exactly when the rain started beating us and have taken bold steps to seal all leaks. Meanwhile, 7 out of 17 firms which have released their financial performance statement since September have made a loss, filings with the Nairobi Securities Exchange, where their shares trade, show. Further, some six companies posted a reduction in net profit, with only four returning growth in profit for shareholders, according to the results for the half-year, nine-month or full-year trading period, depending on individual firms’ reporting cycle. Firms which remained in loss-making territory include ARM Cement (Sh1.41 billion for six months to June), Uchumi Supermarkets (Sh1.7 billion full-year period to June), Kenya Airways (Sh3.8 billion for six months to September) and Unga Group (Sh32.29 million full-year to June).. COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Member Joined: 4/14/2010 Posts: 806 Location: Nairobi
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obiero wrote:VituVingiSana wrote:Coming up in 1Q 2018 [unless KCB takes the hit in 2017] is the IFRS 9 manenos [Shareholder Funds] ;-) That's why I sit outside of bank stocks for now No question that performance of banking stocks will decline. but two thots. first the impending doom via ifrs9 is a one year impact. who knows its effects might be cancelled out by the lifting or modification of the interest rate cap. Secondly even if they declne and they realiae normal profit...are there many other stocks that can outperform bankng stocks on a risk adjusted basis?
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Exchange Bar: Results forecast end 2025
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