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KCB half year 2015 PBT up 13% to 13.2bn
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littledove
#1 Posted : Thursday, July 30, 2015 9:00:47 AM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
KCB Bank Group ‏@KCBGroup 34m34 minutes ago

"Profit before tax jumped from KShs11.7B posted in June 2014 to KShs.13.2B in June 2015" @kiambi_k #KCB2015HYResults
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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  | | Edit by moderator: Thursday, July 30, 2015 2:53 PM | Reason: title case
littledove
#2 Posted : Thursday, July 30, 2015 9:03:50 AM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
https://twitter.com/KCBGroup/status/626624435529875456/photo/1
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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Ericsson
#3 Posted : Thursday, July 30, 2015 9:17:08 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
KCB is king in the financial sector.
In Q2 they made ksh.7bn in profits
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Pesa Nane
#4 Posted : Thursday, July 30, 2015 9:32:00 AM
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Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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maka
#5 Posted : Thursday, July 30, 2015 10:10:38 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Ericsson wrote:
KCB is king in the financial sector.
In Q2 they made ksh.7bn in profits


Solid results.
possunt quia posse videntur
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watesh
#6 Posted : Thursday, July 30, 2015 10:34:49 AM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
I love that the net loans were up 32%....now they just need to tame interest expense and then this will be reflected in net interest income. Fantastic results though
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researchfirst
#7 Posted : Thursday, July 30, 2015 11:32:05 AM
Rank: Member

Joined: 2/24/2015
Posts: 154
Location: Nairobi
Full results here for download:
http://ge.tt/29lBJPL2/v/1
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  | | Edit by moderator: Friday, July 31, 2015 12:08 PM | Reason: link updated
hisah
#8 Posted : Thursday, July 30, 2015 12:30:29 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Impressive results by simba. But the CBK mood will stall the bulls.

@aguy, watchlist this one as the market continues to lose legs in the next dip episode.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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innairobi
#9 Posted : Thursday, July 30, 2015 1:27:30 PM
Rank: Member

Joined: 9/2/2010
Posts: 845
Maybe KQ and KCB should be merged. KCB's projected 26B+ profit for 2015 will cancel KQs 29B loss. Then KCB customers can get free rides on KQ. Win-win.
All my friends are heathens, take it slow. Wait for them to ask you who you know. Please don't make any sudden moves.
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Impunity
#10 Posted : Thursday, July 30, 2015 3:45:43 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
innairobi wrote:
Maybe KQ and KCB should be merged. KCB's projected 26B+ profit for 2015 will cancel KQs 29B loss. Then KCB customers can get free rides on KQ. Win-win.


smile
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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