VituVingiSana wrote:Horton wrote:Wow these guys are stingy 220/- per share 2.60 per share SMH!
Berkshire Hathaway doesn't pay a dividend.
Apple didn't pay a dividend until recently.
DTB is unlikely to ask shareholders to fund a large Rights Issue [perhaps a "small" Rights Issue e.g. 1:10] despite its growth in deposits. The "retained income" adds to the Tier 1 Shareholders Capital which allows DTB to continue growing its balance sheet.
DTB aint BRK or APPL. Like comparing chips to hay.
Speaking of DTB, not sure if there is a solid strategy they seem to be opening up branches ovyo ovyo. Anyone been around Parklands of late?
They have sooo many unnecesary branches in such a small area!
- a branch at Westgate, then less than 100m away at 9west, a mini branch at the oval, at general mathenge and etc. feels like that’s abit much! That’s not even to mention Aga khan hospital, diamond plaza branches and etc.