Rank: Elder Joined: 6/23/2009 Posts: 14,341 Location: nairobi
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obiero wrote:VituVingiSana wrote:mibbz wrote:the deal wrote:VituVingiSana wrote:obiero wrote:Here are the full year 2013 PBT figures: Roar 18.9B 20.1B actual Eqty 18.6B 19.1B actual SCBK 13.2 COOP 12.6B 10.87B actual BBK 12.45B 11.3B actual
Some analysts think KCB goosed up the PBT/PAT with some off business with IFRS vs CBK prudential guidelines for NPLs. If you substract the 1bn 'overstatement' then your original estimate is close. Lets be real folks...this is not insider information but just some guesswork! But KCB did grease its Profits;i wonder if Equity did the same.We should have some sort of financial lobby group that scrutinize these books and give a report CMA doesn't care. As for CBK, they are more concerned about Capital Adequacy and Provisions which KCB has met. forecast can be termed as guesswork. but eight years running at NSE and I am still at the very top of the insiders. as for roar having an NPL less than 1B sijui hata kama hii no greasing, maybe impunity. q1 will bring out 'nigeria' like situation. in short, im selling financials Hii wazua ni family aina gani. Yaani hakuna mtu ameshangaa kama nilikua kwa Malaysia Airlines?! Anyway, Coop has done worse than I projected but has niced it up with the bonus. At 1:6 maximum share price for the late comers should now be KES 21. I keep telling people here that I pick the bottom and know when to exit. I dont buy stocks at highs and then average down. People who have been here since 2009 have seen my magic touch on Centum, HFCK, KCB, and now COOP. Next up KQ on which I am now fully invested. KES 19 on KQ shall be achieved in next few months COOP, IMH, KEGN, MTNU
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