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Exchange Bar: Results forecast
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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littledove wrote: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.htmlMortgage 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. Think twice if on board "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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littledove wrote: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.htmlMortgage 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. they have also issued a profit warning 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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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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obiero wrote: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 Nic not badly off if it can beat master obieros expectations "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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mlennyma wrote:littledove wrote: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.htmlMortgage 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. Think twice if on board Britam should just do away with this one
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Rank: Elder Joined: 12/4/2009 Posts: 10,683 Location: NAIROBI
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mlennyma wrote:obiero wrote: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 Actual -0.0709 HFCK 0.071 Nic not badly off if it can beat master obieros expectations Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: New-farer Joined: 11/28/2018 Posts: 42 Location: Nairobi
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[/quote]
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
Actual 0.0219
HFCK 0.071 Actual -0.0709
NBK Q3 PAT 21.97 million
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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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 Actual 0.0219 HFCK 0.071 Actual -0.0709 NBK Q3 PAT 21.97 million [/quote] @drogon many thanks.. PBT is usually the exchange bar rate of measurement in forecasts
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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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 Actual 0.46 HFCK 0.071 Actual -0.325
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,683 Location: NAIROBI
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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 Actual 4.3 NBK 0.33 Actual 0.0219 HFCK 0.071 Actual -0.0709 NBK Q3 PAT 21.97 million @drogon many thanks.. PBT is usually the exchange bar rate of measurement in forecasts [/quote] @Obiero exactly,PBT after exceptional items,NBK made a loss according to the financial statements available at their website. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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Ericsson wrote:obiero wrote:drogon 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 Actual 4.3
NBK 0.33
Actual 0.0219
HFCK 0.071 Actual -0.0709
NBK Q3 PAT 21.97 million
@drogon many thanks.. PBT is usually the exchange bar rate of measurement in forecasts @Obiero exactly,PBT after exceptional items,NBK made a loss according to the financial statements available at their website. @Ericsson PBT after exceptional items? You must be implying PAT as per results below.. There's a difference in the terms PBT and PAT 
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,683 Location: NAIROBI
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obiero wrote:Ericsson wrote:obiero wrote:drogon 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 Actual 4.3
NBK 0.33
Actual 0.0219
HFCK 0.071 Actual -0.0709
NBK Q3 PAT 21.97 million
@drogon many thanks.. PBT is usually the exchange bar rate of measurement in forecasts @Obiero exactly,PBT after exceptional items,NBK made a loss according to the financial statements available at their website. @Ericsson PBT after exceptional items? You must be implying PAT as per results below.. There's a difference in the terms PBT and PAT @Obiero Not profit after tax. Profit before tax after exceptional items is a loss of 70.9mn Profit after tax is sh.21mn Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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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 Actual 0.46 HFCK 0.071 Actual -0.325 HF group carrying the ominous tag of being the only listed lender at the NSE that is loss making at PBT level.. It's very hard for any serious bank to make a loss! Interesting really.. DTB on the other hand deserves an award of some sort.. Just about to become the 4th most profitable bank in East and Central Africa
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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The Exchange Bar Quarterly Forecast for Q4 2018, PBT figures in KES B: KCB 33.9 EQTY 29.8 COOP 19.7 SCBK 11.9 DTB 11.1 BBK 10.4 I&M 9.7 STBC 9.4 NIC 5.2 NBK 0.52 HFCK -0.095
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,683 Location: NAIROBI
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Welcome back captain Obiero Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,097 Location: Nairobi
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obiero wrote:The Exchange Bar Quarterly Forecast for Q4 2018, PBT figures in KES B:
KCB 33.9
EQTY 29.8
COOP 19.7
SCBK 11.9
DTB 11.1
BBK 10.4
I&M 9.7
STBC 9.4d
NIC 5.2
NBK 0.52
HFCK -0.095 We missed you! Have you completed the merger discussions with KAA? Has the Open Offer been sorted out? What’s the profit KQ will announce for FY 2018? Estimates/budget for FY 2019? 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: 13,503 Location: nairobi
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VituVingiSana wrote:obiero wrote:The Exchange Bar Quarterly Forecast for Q4 2018, PBT figures in KES B:
KCB 33.9
EQTY 29.8
COOP 19.7
SCBK 11.9
DTB 11.1
BBK 10.4
I&M 9.7
STBC 9.4d
NIC 5.2
NBK 0.52
HFCK -0.095 We missed you! Have you completed the merger discussions with KAA? Has the Open Offer been sorted out? What’s the profit KQ will announce for FY 2018? Estimates/budget for FY 2019? I know you missed me. Was reading your comments in stealth mode.. :) For industry updates, I only know ARM hasn't resumed trading and that UNGA issued a profit warning yesterday
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 3/20/2008 Posts: 503
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obiero wrote:VituVingiSana wrote:obiero wrote:The Exchange Bar Quarterly Forecast for Q4 2018, PBT figures in KES B:
KCB 33.9
EQTY 29.8
COOP 19.7
SCBK 11.9
DTB 11.1
BBK 10.4
I&M 9.7
STBC 9.4d
NIC 5.2
NBK 0.52
HFCK -0.095 We missed you! Have you completed the merger discussions with KAA? Has the Open Offer been sorted out? What’s the profit KQ will announce for FY 2018? Estimates/budget for FY 2019? I know you missed me. Was reading your comments in stealth mode.. :) For industry updates, I only know ARM hasn't resumed trading and that UNGA issued a profit warning yesterday  very funny.
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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The Exchange Bar Quarterly Forecast for Q4 2018, PBT figures in KES B: KCB 33.9 EQTY 29.8 COOP 19.7 SCBK 11.9 DTB 11.1 BBK 10.4 I&M 9.7 STBC 9.4 Actual 8.9 NIC 5.2 NBK 0.52 HFCK -0.095 
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,097 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:The Exchange Bar Quarterly Forecast for Q4 2018, PBT figures in KES B:
KCB 33.9
EQTY 29.8
COOP 19.7
SCBK 11.9
DTB 11.1
BBK 10.4
I&M 9.7
STBC 9.4d
NIC 5.2
NBK 0.52
HFCK -0.095 We missed you! Have you completed the merger discussions with KAA? Has the Open Offer been sorted out? What’s the profit KQ will announce for FY 2018? Estimates/budget for FY 2019? I know you missed me. Was reading your comments in stealth mode.. :) For industry updates, I only know ARM hasn't resumed trading and that UNGA issued a profit warning yesterday Written off ARM. Some discussions are ongoing but I think Shareholders should not expect anything. Yes, Unga issued a Profit Warning for FY 2019 after a spectacular FY 2018. We also ate the FY 2018 dividend and expect another for FY 2019 even with reduced profits. Note: The PROFITS may be lower for FY 2019 but Unga remains PROFITABLE  And waiting for KK in 10 days! What's Jaindi trying to say? https://www.businessdail...5004206-wot7m/index.htmlGreedy 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: 13,503 Location: nairobi
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:The Exchange Bar Quarterly Forecast for Q4 2018, PBT figures in KES B:
KCB 33.9
EQTY 29.8
COOP 19.7
SCBK 11.9
DTB 11.1
BBK 10.4
I&M 9.7
STBC 9.4d
NIC 5.2
NBK 0.52
HFCK -0.095 We missed you! Have you completed the merger discussions with KAA? Has the Open Offer been sorted out? What’s the profit KQ will announce for FY 2018? Estimates/budget for FY 2019? I know you missed me. Was reading your comments in stealth mode.. :) For industry updates, I only know ARM hasn't resumed trading and that UNGA issued a profit warning yesterday Written off ARM. Some discussions are ongoing but I think Shareholders should not expect anything. Yes, Unga issued a Profit Warning for FY 2019 after a spectacular FY 2018. We also ate the FY 2018 dividend and expect another for FY 2019 even with reduced profits. Note: The PROFITS may be lower for FY 2019 but Unga remains PROFITABLE And waiting for KK in 10 days! What's Jaindi trying to say? https://www.businessdail...004206-wot7m/index.html
On KK, the good Lord of Shadrack & Abednego saved you.. It was a heist! About the article, I agree with the content 100%. People are being fed with lies from parliament and social media. Guys do not want to believe that KAA has consistently been getting lower returns year after year and could easily fall to losses despite earning huge income from KQ. I put it here that KAA is KQs primary obstacle to competitiveness and subsequently profitability 
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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