obiero wrote:Ericsson wrote:obiero wrote:VituVingiSana wrote:obiero wrote:murchr wrote:Ericsson wrote:[quote=obiero]The Exchange Bar Quarterly Forecast for Q4 2018, PBT figures in KES B:
KCB 33.9 Actual 33.9
EQTY 29.8 Actual 28.5
COOP 19.7 Actual 18.1
SCBK 11.9 Actual 11.8
DTB 11.1 Actual 11.1
BBK 10.4 Actual 10.6
I&M 9.7 Actual 10.9
STBC 9.4 Actual 8.9
NIC 5.2 Actual 5.9
NBK 0.52 Actual 0.007
HFCK -0.095 Actual -0.642
Is that 7M by NBK?
Imagine! I personally run an enterprise that earns more than a whole bank.. Pure lunacy
Imagine that a shareholder with 1 share of:
Unga
KenRe
Centum
I&M
receives a dividend greater than the profit a whole airline has made each year since 2012.
COOP pays dividend and so does KCB.. Meanwhile KENRE goes bankrupt this year, similar to ARM. UNGA is a hung share. I&M and DTB have been flagged as terrorist related organizations
https://nairobinews.nati...er-alleged-terror-links[/quote]
How does KenRe go bankrupt yet it has zero debt/borrowings.
Kq waaah now 8 years in a row of losses
What are you talking about? A reduction in assets by a significant margin can lead to bankruptcy.. Remember KENRE relies solely on GoK securities for its assets
KQ is on the mend.. Losses happen to everyone once in a while. Even you must have lost at some point
From FY2012-FY2018
KQ Loss every year. Without fail. FY 2018 is cooking but another multi-billion loss is expected
KenRe, Centum, Unga Profits for most, if not all, of the years
I&M profitable for all the years
KenRe has 14+bn in GoK bonds. 4+bn in bank deposits. Plus the buildings/land 10+bn
All firms can go bankrupt but KenRe is in no immediate danger as of FY 2019. Don't spread rumors. I say this even though it is a GoK-controlled firm.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett