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Exchange Bar: Results forecast
VituVingiSana
#1781 Posted : Wednesday, November 28, 2018 9:53:01 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,096
Location: Nairobi
obiero wrote:
mlennyma wrote:
obiero wrote:
The Exchange Bar Quarterly Forecast for Q3 2018, PBT figures in KES B:
KCB 24.9 Actual 25.6
EQTY 23.7 Actual 22.4
COOP 15.2 Actual 14.65
SCBK 8.9 Actual 9.2
DTB 8.4 Actual 8.208
BBK 7.9 Actual 7.72
STBC 7.7 Actual 6.7
I&M 6.9 Actual 7.6
NIC 3.9
NBK 0.33
HFCK 0.071

Has Nic joined this bottom 2,by behaviour YEs but by results let me wait.

Meanwhile, year on year; I&M totally redefines its raise in NPL percentage, outshining BBK in the negative..

Hi @thedeal - there is some unfinished business on the Deacons thread. I know you must have been very busy but please check out the Deacons thread. Thanks.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#1782 Posted : Wednesday, November 28, 2018 12:36:48 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
Bank of Baroda and Barclays posted three and two per cent rise in earnings, respectively.
Diamond Trust Bank which posted a 10 per cent growth in income
Co-operative and Equity earnings both grew by eight per cent.
I&M has reported 18 per cent growth in net profit for the nine months ended September
Bank of Africa recorded 736 per cent increase in profit to Sh62 million, the best performance in the sector
Guardian Bank earnings grew by 274 per cent to Sh420 million.
CfC Stanbic bank profit during the period grew by 47 per cent to Sh4.7 billion
Standard Chartered posted a 34 per cent growth to Sh6.3 billion while Kenya Commercial Bank’s earnings surged 20 per cent to Sh18 billion.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#1783 Posted : Wednesday, November 28, 2018 5:30:32 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,501
Location: nairobi
Will NBK and HF record losses.. Deadline for reporting is Friday

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Ericsson
#1784 Posted : Wednesday, November 28, 2018 6:46:03 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
Friday is payment date for KCB interim dividend
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ebenyo
#1785 Posted : Wednesday, November 28, 2018 6:49:04 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
Ericsson wrote:
Friday is payment date for KCB interim dividend


Applause Applause
Towards the goal of financial freedom
Angelica _ann
#1786 Posted : Wednesday, November 28, 2018 8:05:02 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
Ebenyo wrote:
Ericsson wrote:
Friday is payment date for KCB interim dividend


Applause Applause


I hope @Obiero has got the message smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
obiero
#1787 Posted : Wednesday, November 28, 2018 8:21:44 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,501
Location: nairobi
Angelica _ann wrote:
Ebenyo wrote:
Ericsson wrote:
Friday is payment date for KCB interim dividend


Applause Applause


I hope @Obiero has got the message smile

I don't celebrate dividends.. Actually sometimes I sell to the run up of cum dividend if the price is right.. I'm a trader, not an investor

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
obiero
#1788 Posted : Wednesday, November 28, 2018 8:23:18 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,501
Location: nairobi
Angelica _ann wrote:
Ebenyo wrote:
Ericsson wrote:
Friday is payment date for KCB interim dividend


Applause Applause


I hope @Obiero has got the message smile

I don't celebrate dividends.. Actually sometimes I sell to the run up of cum dividend if the price is right.. I'm a trader, not an investor

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
VituVingiSana
#1789 Posted : Thursday, November 29, 2018 8:17:44 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,096
Location: Nairobi
obiero wrote:
Angelica _ann wrote:
Ebenyo wrote:
Ericsson wrote:
Friday is payment date for KCB interim dividend


Applause Applause

I hope @Obiero has got the message smile

I don't celebrate dividends.. Actually sometimes I sell to the run up of cum dividend if the price is right.. I'm a trader, not an investor
KQ is perfect for you. No dividend for 6 years. None expected for the next 3 years.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#1790 Posted : Thursday, November 29, 2018 10:16:07 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,501
Location: nairobi
VituVingiSana wrote:
obiero wrote:
Angelica _ann wrote:
Ebenyo wrote:
Ericsson wrote:
Friday is payment date for KCB interim dividend


Applause Applause

I hope @Obiero has got the message smile

I don't celebrate dividends.. Actually sometimes I sell to the run up of cum dividend if the price is right.. I'm a trader, not an investor
KQ is perfect for you. No dividend for 6 years. None expected for the next 3 years.

This is a KCB thread dear old man.. I'm a shareholder at KCB na kesho nanyonya dividend. What about ARM, UNGA, KK?

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
young
#1791 Posted : Thursday, November 29, 2018 10:53:57 AM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
Two important dividends this Friday 30th Nov.

1. KCB 1 Bob(interim)..already stated
2. EABL 5.5 Bob (final)
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
Ebenyo
#1792 Posted : Thursday, November 29, 2018 4:01:27 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
young wrote:
Two important dividends this Friday 30th Nov.

1. KCB 1 Bob(interim)..already stated
2. EABL 5.5 Bob (final)



For kcb,dont check your account on friday.There will be nothing.
On monday,go to the atm with a shopping list coz it will be their.
Towards the goal of financial freedom
VituVingiSana
#1793 Posted : Thursday, November 29, 2018 4:04:01 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,096
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
obiero wrote:
Angelica _ann wrote:
Ebenyo wrote:
Ericsson wrote:
Friday is payment date for KCB interim dividend


Applause Applause

I hope @Obiero has got the message smile

I don't celebrate dividends.. Actually sometimes I sell to the run up of cum dividend if the price is right.. I'm a trader, not an investor
KQ is perfect for you. No dividend for 6 years. None expected for the next 3 years.

This is a KCB thread dear old man.. I'm a shareholder at KCB na kesho nanyonya dividend. What about ARM, UNGA, KK?

ARM - As broke as KQ aka no dividend
UNGA - Dividend
KK - Dividend
KCB - Dividend
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Horton
#1794 Posted : Thursday, November 29, 2018 4:08:44 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Ebenyo wrote:
young wrote:
Two important dividends this Friday 30th Nov.

1. KCB 1 Bob(interim)..already stated
2. EABL 5.5 Bob (final)



For kcb,dont check your account on friday.There will be nothing.
On monday,go to the atm with a shopping list coz it will be their.


True but on the same breathe
EABL EPS=7.50
KCB EPS=7.90

Price
EABL=170
KCB =39


πŸ€·πŸ½β€β™‚οΈπŸ€·πŸ½β€β™‚οΈπŸ€·πŸ½β€β™‚οΈπŸ€·πŸ½β€β™‚οΈ
VituVingiSana
#1795 Posted : Thursday, November 29, 2018 4:33:38 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,096
Location: Nairobi
Horton wrote:
Ebenyo wrote:
young wrote:
Two important dividends this Friday 30th Nov.

1. KCB 1 Bob(interim)..already stated
2. EABL 5.5 Bob (final)



For kcb,dont check your account on friday.There will be nothing.
On monday,go to the atm with a shopping list coz it will be their.


True but on the same breathe
EABL EPS=7.50
KCB EPS=7.90

Price
EABL=170
KCB =39


πŸ€·πŸ½β€β™‚οΈπŸ€·πŸ½β€β™‚οΈπŸ€·πŸ½β€β™‚οΈπŸ€·πŸ½β€β™‚οΈ

KQ EPS = -ve but price = 9.50 d'oh! d'oh! d'oh!

On EABL, I think the buyers might like the PAT growth prospects but a 20x PER seems steep given the alternatives.
Disclaimer: I am not invested in KQ, KCB or EABL.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Horton
#1796 Posted : Thursday, November 29, 2018 5:14:09 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
VituVingiSana wrote:
Horton wrote:
Ebenyo wrote:
young wrote:
Two important dividends this Friday 30th Nov.

1. KCB 1 Bob(interim)..already stated
2. EABL 5.5 Bob (final)



For kcb,dont check your account on friday.There will be nothing.
On monday,go to the atm with a shopping list coz it will be their.


True but on the same breathe
EABL EPS=7.50
KCB EPS=7.90

Price
EABL=170
KCB =39


πŸ€·πŸ½β€β™‚οΈπŸ€·πŸ½β€β™‚οΈπŸ€·πŸ½β€β™‚οΈπŸ€·πŸ½β€β™‚οΈ

KQ EPS = -ve but price = 9.50 d'oh! d'oh! d'oh!

On EABL, I think the buyers might like the PAT growth prospects but a 20x PER seems steep given the alternatives.
Disclaimer: I am not invested in KQ, KCB or EABL.


Serengeti , SAB & TBL fiasco will be their undoing. I had shares here too until this fiasco. I loved the moat this company carries.
young
#1797 Posted : Thursday, November 29, 2018 10:00:34 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
Horton wrote:
Ebenyo wrote:
young wrote:
Two important dividends this Friday 30th Nov.

1. KCB 1 Bob(interim)..already stated
2. EABL 5.5 Bob (final)



For kcb,dont check your account on friday.There will be nothing.
On monday,go to the atm with a shopping list coz it will be their.


True but on the same breathe
EABL EPS=7.50
KCB EPS=7.90

Price
EABL=170
KCB =39


πŸ€·πŸ½β€β™‚οΈπŸ€·πŸ½β€β™‚οΈπŸ€·πŸ½β€β™‚οΈπŸ€·πŸ½β€β™‚οΈ



Yes you are right .
But note that in terms of full dividend
KCB = 3 Bob
EABL = 7.5 Bob

Besides diversifying across sectors is the ideal dividend income investment strategy.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
Ericsson
#1798 Posted : Thursday, November 29, 2018 11:04:36 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
Housing Finance sinks further into loss territory
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#1799 Posted : Thursday, November 29, 2018 11:20:51 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,501
Location: nairobi
Ericsson wrote:
Housing Finance sinks further into loss territory

The Exchange Bar Quarterly Forecast for Q3 2018, PBT figures in KES B:
KCB 24.9 Actual 25.6
EQTY 23.7 Actual 22.4
COOP 15.2 Actual 14.65
SCBK 8.9 Actual 9.2
DTB 8.4 Actual 8.208
BBK 7.9 Actual 7.72
STBC 7.7 Actual 6.7
I&M 6.9 Actual 7.6
NIC 3.9 Actual 4.3
NBK 0.33
HFCK 0.071

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
littledove
#1800 Posted : Friday, November 30, 2018 8:32:07 AM
Rank: Veteran


Joined: 7/1/2014
Posts: 903
Location: sky
Ericsson wrote:
Housing Finance sinks further into loss territory

https://www.businessdailyafrica.com/corporate/companies/HF-sinks-into-Sh332m-loss-as-UBA-profit-up-three/4003102-4874868-1s0v8oz/index.html
Mortgage financier HF Group sunk into a Sh332 million net loss in the nine months ended September, weighed down by reduced lending and loan defaults, on a day when Nigerian-owned UBA Bank reported a three-fold increase third quarter after-tax profit to Sh52.2 million.
HF Group made a net profit of Sh159.7 million during the same period last year. The mortgage lender’s stock of gross non-performing loans rose 10.3 per cent to Sh8.9 billion while its loan book shrunk 11.2 per cent to Sh45.4 billion. This saw total interest income decline 14.1 per cent to Sh4.6 billion.
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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