wazua Tue, Nov 26, 2024
Welcome Guest Search | Active Topics | Log In | Register

9 Pages<12345>»
Barclays - 2018 and beyond
obiero
#41 Posted : Thursday, November 22, 2018 5:07:59 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,501
Location: nairobi
lochaz-index wrote:
Ericsson wrote:
GROUP PROFIT BEFORE TAX & EXCEPTIONAL ITEMS FOR PERIOD ENDED SEPT. 30 2018 WAS 7.72 BILLION SHILLINGS VERSUS 7.71 BILLION SHILLINGS.

Any link to the actual results? That spike in NPLs is worth a look considering BBK has never been an aggressive bank even before the rate caps.

Ask and you shall receive


HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
obiero
#42 Posted : Thursday, November 22, 2018 5:38:42 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,501
Location: nairobi

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Ericsson
#43 Posted : Thursday, November 22, 2018 5:42:53 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
obiero wrote:
lochaz-index wrote:
Ericsson wrote:
GROUP PROFIT BEFORE TAX & EXCEPTIONAL ITEMS FOR PERIOD ENDED SEPT. 30 2018 WAS 7.72 BILLION SHILLINGS VERSUS 7.71 BILLION SHILLINGS.

Any link to the actual results? That spike in NPLs is worth a look considering BBK has never been an aggressive bank even before the rate caps.

Ask and you shall receive



Additional link;https://www.nse.co.ke/listed-companies/company-announcements.html

Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
lochaz-index
#44 Posted : Thursday, November 22, 2018 5:59:46 PM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
Ericsson wrote:
obiero wrote:
lochaz-index wrote:
Ericsson wrote:
GROUP PROFIT BEFORE TAX & EXCEPTIONAL ITEMS FOR PERIOD ENDED SEPT. 30 2018 WAS 7.72 BILLION SHILLINGS VERSUS 7.71 BILLION SHILLINGS.

Any link to the actual results? That spike in NPLs is worth a look considering BBK has never been an aggressive bank even before the rate caps.

Ask and you shall receive



Additional link;https://www.nse.co.ke/listed-companies/company-announcements.html


Thanks.
The main purpose of the stock market is to make fools of as many people as possible.
Ericsson
#45 Posted : Thursday, November 22, 2018 7:16:15 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
When did the rains hit this bank.The highest profit they ever made was in FY 2010 and that is the year they paid highest dividend.
Till today they have never recovered
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#46 Posted : Thursday, November 22, 2018 7:27:10 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,501
Location: nairobi
Ericsson wrote:
When did the rains hit this bank.The highest profit they ever made was in FY 2010 and that is the year they paid highest dividend.
Till today they have never recovered

A major national event happened in the same year and they didn't grasp it's impact. 27.08.2010 to be precise

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Ericsson
#47 Posted : Thursday, November 22, 2018 7:43:30 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
obiero wrote:
Ericsson wrote:
When did the rains hit this bank.The highest profit they ever made was in FY 2010 and that is the year they paid highest dividend.
Till today they have never recovered

A major national event happened in the same year and they didn't grasp it's impact. 27.08.2010 to be precise

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
sparkly
#48 Posted : Friday, November 23, 2018 8:19:36 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ericsson wrote:
When did the rains hit this bank.The highest profit they ever made was in FY 2010 and that is the year they paid highest dividend.
Till today they have never recovered


Problems started in late 90s/ early 00s when they:

1. Recalled loans on many businesses;
2. Closed branches;
3. Retrenched staff;
4. Invested deposits in Government Securities;
5. Increased minimum balances for all accounts;
6. Imposed monthly ledger fees on savings accounts;

They chased away retail clients, Small, Micro and Medium Entreprises. The local banks stepped in. When they tried to win back the people they chased away, it was too late.

Life is short. Live passionately.
tom_boy
#49 Posted : Friday, November 23, 2018 8:26:12 AM
Rank: Member


Joined: 2/20/2007
Posts: 767
sparkly wrote:
Ericsson wrote:
When did the rains hit this bank.The highest profit they ever made was in FY 2010 and that is the year they paid highest dividend.
Till today they have never recovered


Problems started in late 90s/ early 00s when they:

1. Recalled loans on many businesses;
2. Closed branches;
3. Retrenched staff;
4. Invested deposits in Government Securities;
5. Increased minimum balances for all accounts;
6. Imposed monthly ledger fees on savings accounts;

They chased away retail clients, Small, Micro and Medium Entreprises. The local banks stepped in. When they tried to win back the people they chased away, it was too late.



True dat. I am one of those guys they chased away.
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
Ericsson
#50 Posted : Friday, November 23, 2018 9:21:21 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
tom_boy wrote:
sparkly wrote:
Ericsson wrote:
When did the rains hit this bank.The highest profit they ever made was in FY 2010 and that is the year they paid highest dividend.
Till today they have never recovered


Problems started in late 90s/ early 00s when they:

1. Recalled loans on many businesses;
2. Closed branches;
3. Retrenched staff;
4. Invested deposits in Government Securities;
5. Increased minimum balances for all accounts;
6. Imposed monthly ledger fees on savings accounts;

They chased away retail clients, Small, Micro and Medium Entreprises. The local banks stepped in. When they tried to win back the people they chased away, it was too late.



True dat. I am one of those guys they chased away.

And you are still a boy till today
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#51 Posted : Friday, November 23, 2018 10:16:15 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,501
Location: nairobi
Ericsson wrote:
tom_boy wrote:
sparkly wrote:
Ericsson wrote:
When did the rains hit this bank.The highest profit they ever made was in FY 2010 and that is the year they paid highest dividend.
Till today they have never recovered


Problems started in late 90s/ early 00s when they:

1. Recalled loans on many businesses;
2. Closed branches;
3. Retrenched staff;
4. Invested deposits in Government Securities;
5. Increased minimum balances for all accounts;
6. Imposed monthly ledger fees on savings accounts;

They chased away retail clients, Small, Micro and Medium Entreprises. The local banks stepped in. When they tried to win back the people they chased away, it was too late.



True dat. I am one of those guys they chased away.

And you are still a boy till today

@Ericsson you are out of order

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Ericsson
#52 Posted : Friday, November 23, 2018 10:19:22 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
obiero wrote:
Ericsson wrote:
tom_boy wrote:
sparkly wrote:
Ericsson wrote:
When did the rains hit this bank.The highest profit they ever made was in FY 2010 and that is the year they paid highest dividend.
Till today they have never recovered


Problems started in late 90s/ early 00s when they:

1. Recalled loans on many businesses;
2. Closed branches;
3. Retrenched staff;
4. Invested deposits in Government Securities;
5. Increased minimum balances for all accounts;
6. Imposed monthly ledger fees on savings accounts;

They chased away retail clients, Small, Micro and Medium Entreprises. The local banks stepped in. When they tried to win back the people they chased away, it was too late.



True dat. I am one of those guys they chased away.

And you are still a boy till today

@Ericsson you are out of order

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#53 Posted : Friday, November 23, 2018 10:21:06 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
Share price is following the mood of the results
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
sparkly
#54 Posted : Friday, November 23, 2018 10:23:24 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ericsson wrote:
obiero wrote:
Ericsson wrote:
tom_boy wrote:
sparkly wrote:
Ericsson wrote:
When did the rains hit this bank.The highest profit they ever made was in FY 2010 and that is the year they paid highest dividend.
Till today they have never recovered


Problems started in late 90s/ early 00s when they:

1. Recalled loans on many businesses;
2. Closed branches;
3. Retrenched staff;
4. Invested deposits in Government Securities;
5. Increased minimum balances for all accounts;
6. Imposed monthly ledger fees on savings accounts;

They chased away retail clients, Small, Micro and Medium Entreprises. The local banks stepped in. When they tried to win back the people they chased away, it was too late.



True dat. I am one of those guys they chased away.

And you are still a boy till today

@Ericsson you are out of order

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly


Oh boy Laughing out loudly Laughing out loudly Laughing out loudly
Life is short. Live passionately.
obiero
#55 Posted : Saturday, November 24, 2018 8:17:55 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,501
Location: nairobi
Compare and contrast the NPL positions

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
mlennyma
#56 Posted : Thursday, February 07, 2019 1:32:46 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Very strong share trading activity today,is it because of the usually good dividend?
"Don't let the fear of losing be greater than the excitement of winning."
Ericsson
#57 Posted : Thursday, February 07, 2019 2:43:51 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
mlennyma wrote:
Very strong share trading activity today,is it because of the usually good dividend?


A major investor making a good harvest
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Kenyan Oracle
#58 Posted : Thursday, February 07, 2019 3:39:14 PM
Rank: Member


Joined: 5/31/2011
Posts: 250
sparkly wrote:
Ericsson wrote:
When did the rains hit this bank.The highest profit they ever made was in FY 2010 and that is the year they paid highest dividend.
Till today they have never recovered


Problems started in late 90s/ early 00s when they:

1. Recalled loans on many businesses;
2. Closed branches;
3. Retrenched staff;
4. Invested deposits in Government Securities;
5. Increased minimum balances for all accounts;
6. Imposed monthly ledger fees on savings accounts;

They chased away retail clients, Small, Micro and Medium Entreprises. The local banks stepped in. When they tried to win back the people they chased away, it was too late.



You are looking at one of them chased guys and since then I despised BBK both as a bank as an investment.
You lose money chasing women, but you never lose women chasing money - NAS
VituVingiSana
#59 Posted : Friday, July 05, 2019 2:50:53 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,097
Location: Nairobi
Barclays seeks to sell three closed branches at Sh65m
https://www.businessdail...83632-md3wvz/index.html

In 2017, the bank had closed Moi Avenue, Haile Selassie, Waiyaki Way, Kawangware, Rahimtulla, Nakummatt Meru and Wundanyi branches. This cut branch network from 96 to 89.

Bamburi, Maragua and Supplies branches are now up for sale.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#60 Posted : Friday, July 05, 2019 11:06:05 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
VituVingiSana wrote:
Barclays seeks to sell three closed branches at Sh65m
https://www.businessdail...83632-md3wvz/index.html

In 2017, the bank had closed Moi Avenue, Haile Selassie, Waiyaki Way, Kawangware, Rahimtulla, Nakummatt Meru and Wundanyi branches. This cut branch network from 96 to 89.

Bamburi, Maragua and Supplies branches are now up for sale.


A bank on its deathbed.
Life is short. Live passionately.
Users browsing this topic
Guest (3)
9 Pages<12345>»
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.

Copyright © 2024 Wazua.co.ke. All Rights Reserved.