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kawi254
#41 Posted : Thursday, May 06, 2021 8:12:25 PM
Rank: Member


Joined: 2/20/2015
Posts: 467
Location: Nairobi
Kibe21 wrote:
Monk wrote:
Kibe21 wrote:
Is 135/= a good entry price ex-dividend?


Historically, it is.


Held my horses but will grab some at 132/=.


got in at 132/=....Each time i have bought @275/=, @265/=, @231/= & @190/= i was thinking i was getting SCBK at lowest.

someone has a very big iceberg sale order @132/=. I know the seller doesn't want to spook the SCBK share falling further on account of big sale order but is this legal here? i.e hiding orders from other traders?
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mufasa
#42 Posted : Monday, May 10, 2021 2:58:23 PM
Rank: Member


Joined: 4/15/2008
Posts: 200
Seems to have found some support @132/=
Do it today! Tomorrow is promise to no-one.
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piedpiper
#43 Posted : Friday, May 14, 2021 5:42:56 PM
Rank: New-farer


Joined: 8/21/2017
Posts: 48
So, is this a buy then?
Life is a beach and I'm just playing in the sand
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Ericsson
#44 Posted : Monday, May 17, 2021 9:03:10 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
https://www.businessdail...f-in-covid-year-3402884

Seventh straight year of the bank cutting staff numbers.
Share price is a reflection
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Kibe21
#45 Posted : Thursday, May 20, 2021 11:09:51 AM
Rank: New-farer


Joined: 8/1/2018
Posts: 60
Location: Nairobi
kawi254 wrote:
Kibe21 wrote:
Monk wrote:
Kibe21 wrote:
Is 135/= a good entry price ex-dividend?


Historically, it is.


Held my horses but will grab some at 132/=.


got in at 132/=....Each time i have bought @275/=, @265/=, @231/= & @190/= i was thinking i was getting SCBK at lowest.

someone has a very big iceberg sale order @132/=. I know the seller doesn't want to spook the SCBK share falling further on account of big sale order but is this legal here? i.e hiding orders from other traders?


Any idea what the volume is/was? There has been constant supply of 25k+ shares daily @132/=.
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Kenyan Oracle
#46 Posted : Friday, May 21, 2021 12:04:58 PM
Rank: Member


Joined: 5/31/2011
Posts: 250
Is it a good time to enter?
You lose money chasing women, but you never lose women chasing money - NAS
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kawi254
#47 Posted : Friday, May 21, 2021 3:51:30 PM
Rank: Member


Joined: 2/20/2015
Posts: 467
Location: Nairobi
piedpiper wrote:
So, is this a buy then?


Q1 results next week will answer you question...
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Ericsson
#48 Posted : Friday, May 21, 2021 5:38:21 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
Kenyan Oracle wrote:
Is it a good time to enter?


The bank is on a gradual path to oblivion.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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young
#49 Posted : Monday, May 24, 2021 1:40:06 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
Ericsson wrote:
Kenyan Oracle wrote:
Is it a good time to enter?


The bank is on a gradual path to oblivion.


Not exactly

*Stanchart Bank Kenya PLC 1Q21 Net Earnings rise 18.9% y/y to KES 2.39Bn*

Total Interest Income: -9.0% y/y to KES 5.56Bn

Total Interest Expense: -30.2% y/y to KES 0.97Bn

Net Interest Income: -2.8% y/y to KES 4.59Bn

Loan Loss Provisions: -3.4% y/y to KES 0.41Bn

Total Operating Expense: -9.7% y/y to KES 3.27Bn

PBT: +16.6% y/y to KES 3.40Bn

PAT: +18.9% y/y to KES 2.39Bn

Loans and advances: -6.1% y/y to KES 117.87Bn

Deposits: +8.9% y/y to KES 265.25Bn

Investment in Government Securities: +9.9% y/y to KES 98.16Bn

Gross NPLS: +11.3% y/y to KES 22.29Bn

EPS: +8.5% y/y to KES 6.22

Source: Company Filings

SCBK’s performance in comparison to its pre-Covid quarterly period, 1Q20, is positive. This profitability was attributed to decreased interest and operating expense.
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. .
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Ericsson
#50 Posted : Monday, May 24, 2021 2:28:29 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
young wrote:
Ericsson wrote:
Kenyan Oracle wrote:
Is it a good time to enter?


The bank is on a gradual path to oblivion.


Not exactly

*Stanchart Bank Kenya PLC 1Q21 Net Earnings rise 18.9% y/y to KES 2.39Bn*

Total Interest Income: -9.0% y/y to KES 5.56Bn

Total Interest Expense: -30.2% y/y to KES 0.97Bn

Net Interest Income: -2.8% y/y to KES 4.59Bn

Loan Loss Provisions: -3.4% y/y to KES 0.41Bn

Total Operating Expense: -9.7% y/y to KES 3.27Bn

PBT: +16.6% y/y to KES 3.40Bn

PAT: +18.9% y/y to KES 2.39Bn

Loans and advances: -6.1% y/y to KES 117.87Bn

Deposits: +8.9% y/y to KES 265.25Bn

Investment in Government Securities: +9.9% y/y to KES 98.16Bn

Gross NPLS: +11.3% y/y to KES 22.29Bn

EPS: +8.5% y/y to KES 6.22

Source: Company Filings

SCBK’s performance in comparison to its pre-Covid quarterly period, 1Q20, is positive. This profitability was attributed to decreased interest and operating expense.



Profitability attributed to cost cutting in short
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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young
#51 Posted : Monday, May 24, 2021 10:41:57 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
kawi254 wrote:
piedpiper wrote:
So, is this a buy then?


Q1 results next week will answer you question...


This was the right answer...

From SCBK Q1/21 results is the bank profitable Y/N ?
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. .
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Queen
#52 Posted : Monday, May 24, 2021 11:12:45 PM
Rank: Member


Joined: 11/21/2018
Posts: 564
Location: Britain
young wrote:
kawi254 wrote:
piedpiper wrote:
So, is this a buy then?


Q1 results next week will answer you question...


This was the right answer...

From SCBK Q1/21 results is the bank profitable Y/N ?


Somebody has pointed out that the profitability accrued essentially from cost cutting measures including, but not limited to, reducing staff numbers. So be the judge.
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Ericsson
#53 Posted : Thursday, May 27, 2021 1:43:22 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
Queen wrote:
young wrote:
kawi254 wrote:
piedpiper wrote:
So, is this a buy then?


Q1 results next week will answer you question...


This was the right answer...

From SCBK Q1/21 results is the bank profitable Y/N ?


Somebody has pointed out that the profitability accrued essentially from cost cutting measures including, but not limited to, reducing staff numbers. So be the judge.


With the way in which they have closed most of their branches I see them exiting the retail business and remaining with corporate and wealth management business
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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AndyC
#54 Posted : Thursday, May 27, 2021 7:06:57 PM
Rank: Member


Joined: 4/21/2015
Posts: 151
Ericsson wrote:
Queen wrote:
young wrote:
kawi254 wrote:
piedpiper wrote:
So, is this a buy then?


Q1 results next week will answer you question...


This was the right answer...

From SCBK Q1/21 results is the bank profitable Y/N ?


Somebody has pointed out that the profitability accrued essentially from cost cutting measures including, but not limited to, reducing staff numbers. So be the judge.


With the way in which they have closed most of their branches I see them exiting the retail business and remaining with corporate and wealth management business


Wealth management needs retail accounts.It will be customers who need a physical branch who will fall out eventually.Cloud banking.
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Ericsson
#55 Posted : Thursday, May 27, 2021 8:28:00 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
AndyC wrote:
Ericsson wrote:
Queen wrote:
young wrote:
kawi254 wrote:
piedpiper wrote:
So, is this a buy then?


Q1 results next week will answer you question...


This was the right answer...

From SCBK Q1/21 results is the bank profitable Y/N ?


Somebody has pointed out that the profitability accrued essentially from cost cutting measures including, but not limited to, reducing staff numbers. So be the judge.


With the way in which they have closed most of their branches I see them exiting the retail business and remaining with corporate and wealth management business


Wealth management needs retail accounts.It will be customers who need a physical branch who will fall out eventually.Cloud banking.

In corporate and wealth management business
ATMs will be done away with.
No personal loans
Banking will only be for High networth individuals.
Branches will be in selected towns where the high networth individuals are residing.

The bank will be nearly like Citibank Kenya
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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young
#56 Posted : Friday, May 28, 2021 12:13:08 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
Ericsson wrote:
AndyC wrote:
Ericsson wrote:
Queen wrote:
young wrote:
kawi254 wrote:
piedpiper wrote:
So, is this a buy then?


Q1 results next week will answer you question...


This was the right answer...

From SCBK Q1/21 results is the bank profitable Y/N ?


Somebody has pointed out that the profitability accrued essentially from cost cutting measures including, but not limited to, reducing staff numbers. So be the judge.


With the way in which they have closed most of their branches I see them exiting the retail business and remaining with corporate and wealth management business


Wealth management needs retail accounts.It will be customers who need a physical branch who will fall out eventually.Cloud banking.

In corporate and wealth management business
ATMs will be done away with.
No personal loans
Banking will only be for High networth individuals.
Branches will be in selected towns where the high networth individuals are residing.

The bank will be nearly like Citibank Kenya


Beyond individual perception :-
ATMs still relevant in SCBK

https://www.businessdail...cheque-deposits-3416568

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. .
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kmucheke
#57 Posted : Monday, May 31, 2021 1:18:40 PM
Rank: Member


Joined: 3/16/2019
Posts: 313
StanChart to offer mobile loans after CBK approval - BD

Quote:
The company’s historical focus on affluent customers has seen it miss out on increased uptake of banking services among millions of poor Kenyans, a significant number of whom have ascended to the middle class.
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Ericsson
#58 Posted : Saturday, June 05, 2021 5:02:11 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
Kibe21 wrote:
kawi254 wrote:
Kibe21 wrote:
Monk wrote:
Kibe21 wrote:
Is 135/= a good entry price ex-dividend?


Historically, it is.


Held my horses but will grab some at 132/=.


got in at 132/=....Each time i have bought @275/=, @265/=, @231/= & @190/= i was thinking i was getting SCBK at lowest.

someone has a very big iceberg sale order @132/=. I know the seller doesn't want to spook the SCBK share falling further on account of big sale order but is this legal here? i.e hiding orders from other traders?


Any idea what the volume is/was? There has been constant supply of 25k+ shares daily @132/=.

Death pangs,share price stuck at 130-132
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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littledove
#59 Posted : Thursday, June 24, 2021 11:46:14 AM
Rank: Veteran


Joined: 7/1/2014
Posts: 903
Location: sky
Ericsson wrote:
Kibe21 wrote:
kawi254 wrote:
Kibe21 wrote:
Monk wrote:
Kibe21 wrote:
Is 135/= a good entry price ex-dividend?


Historically, it is.


Held my horses but will grab some at 132/=.


got in at 132/=....Each time i have bought @275/=, @265/=, @231/= & @190/= i was thinking i was getting SCBK at lowest.

someone has a very big iceberg sale order @132/=. I know the seller doesn't want to spook the SCBK share falling further on account of big sale order but is this legal here? i.e hiding orders from other traders?


Any idea what the volume is/was? There has been constant supply of 25k+ shares daily @132/=.

Death pangs,share price stuck at 130-132

127.75Anxious a very huge seller trying to exit
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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Sufficiently Philanga....thropic
#60 Posted : Thursday, June 24, 2021 2:32:35 PM
Rank: Elder


Joined: 9/23/2010
Posts: 2,220
Location: Sundowner,Amboseli
kawi254 wrote:
Kibe21 wrote:
Monk wrote:
Kibe21 wrote:
Is 135/= a good entry price ex-dividend?


Historically, it is.


Held my horses but will grab some at 132/=.


got in at 132/=....Each time i have bought @275/=, @265/=, @231/= & @190/= i was thinking i was getting SCBK at lowest.

someone has a very big iceberg sale order @132/=. I know the seller doesn't want to spook the SCBK share falling further on account of big sale order but is this legal here? i.e hiding orders from other traders?

Good question kawi254, nobody wants to show the total order on the board to avoid spooking the market.
No one knows when this huge sell order will be filled, and the price the share will hit on completion of the order.
@SufficientlyP
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