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Listed banks H1 results - Profits continue to grow!
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Cde Monomotapa
#101 Posted : Wednesday, July 20, 2011 9:32:25 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
mwekez@ji wrote:
Cde Monomotapa wrote:
mwekez@ji wrote:
KCB Rwanda projects profit drop in H1

Then why this mis-leading statement?


Please replace H1 with Q2. My apologies @Cde et all

Cool smile
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mwekez@ji
#102 Posted : Wednesday, July 20, 2011 10:02:31 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Cde Monomotapa wrote:
Cool smile


smile
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  | | Edit by user: Wednesday, July 20, 2011 10:03 AM | Reason: Not specified
the deal
#103 Posted : Wednesday, July 20, 2011 11:15:49 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Look at my other stock pick Mumias Sugar...RooooAAAAr...LoL.
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Cde Monomotapa
#104 Posted : Wednesday, July 20, 2011 11:21:58 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
the deal wrote:
Look at my other stock pick Mumias Sugar...RooooAAAAr...LoL.

#copyright-violation# Laughing out loudly
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the deal
#105 Posted : Wednesday, July 20, 2011 11:24:29 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Cde Monomotapa wrote:
the deal wrote:
Look at my other stock pick Mumias Sugar...RooooAAAAr...LoL.

#copyright-violation# Laughing out loudly

Laughing out loudly Laughing out loudly smile Sukaaaaari taaaamuuu
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Cde Monomotapa
#106 Posted : Wednesday, July 20, 2011 11:27:00 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
the deal wrote:
Cde Monomotapa wrote:
the deal wrote:
Look at my other stock pick Mumias Sugar...RooooAAAAr...LoL.

#copyright-violation# Laughing out loudly

Laughing out loudly Laughing out loudly smile Sukaaaaari taaaamuuu

Much better Laughing out loudly
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gathinga
#107 Posted : Wednesday, July 20, 2011 11:57:12 AM
Rank: Veteran

Joined: 11/30/2006
Posts: 635
Cde Monomotapa wrote:
And in a desperate attempt to break into the world of big corporate loans (pple who generally know what they r doing), Equity goes ahead to loan was it 5B to Nairobi City Council!! C'mon man...LMAO!!


I think this was a very smart move. Reasons;

1. Its highly unlikely that NCC will default, and in the event they do, all EB will do is to take lien of the cash coming through their revenue accounts

2. By signing off their payroll processing job to EB, NCC handed over to the bank one of the biggest payroll processing jobs and the accruing processing fees

3. Multiplier effects of NCC employees opening up accounts with EB in order that they may receive salaries faster than other banks coz EB is the paying bank

4. NCC employees who borrow from EB will not find it very hard to default in view of EB control over their payroll
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Cde Monomotapa
#108 Posted : Wednesday, July 20, 2011 12:48:43 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
gathinga wrote:
Cde Monomotapa wrote:
And in a desperate attempt to break into the world of big corporate loans (pple who generally know what they r doing), Equity goes ahead to loan was it 5B to Nairobi City Council!! C'mon man...LMAO!!


I think this was a very smart move. Reasons;

1. Its highly unlikely that NCC will default, and in the event they do, all EB will do is to take lien of the cash coming through their revenue accounts

2. By signing off their payroll processing job to EB, NCC handed over to the bank one of the biggest payroll processing jobs and the accruing processing fees

3. Multiplier effects of NCC employees opening up accounts with EB in order that they may receive salaries faster than other banks coz EB is the paying bank

4. NCC employees who borrow from EB will not find it very hard to default in view of EB control over their payroll

That was a great post! A heated day that was...
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Gadaffi
#109 Posted : Wednesday, July 20, 2011 1:24:14 PM
Rank: Member

Joined: 2/13/2011
Posts: 284
Location: Nairobi
me still thinks that KCB will do prity well vs. eqty locally. kcb will most definitely scoop n.o 1 in terms of profitability 4 FY 2011
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Aguytrying
#110 Posted : Wednesday, July 20, 2011 1:38:16 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
mwekez@ji wrote:
Cde Monomotapa wrote:
mwekez@ji wrote:
KCB Rwanda projects profit drop in H1

Then why this mis-leading statement?


Please replace H1 with Q2. My apologies @Cde et all

We'll let it go this one. Usione simba amenyeshewa ukadhani ni paka. Long since that one was said, also
The investor's chief problem - and even his worst enemy - is likely to be himself
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