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DTB POSTS NEARLY 100% GROWTH IN PAT
bartum
#21 Posted : Thursday, August 12, 2010 6:08:09 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
muganda wrote:
Good work DTB.

And what's this animal called Other Operating Income growing 100% and contributing 50% to profit before tax?


i think both interest and non interest income was the major contributor tto the bottom line.which means the business is just fine.
How did the Tanzania part did
guru267
#22 Posted : Thursday, August 12, 2010 8:27:30 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
IMHO this stock still has limitations in the share price because of its really poor dividend policy...
Mark 12:29
Deuteronomy 4:16
omega
#23 Posted : Thursday, August 12, 2010 10:45:29 PM
Rank: Member

Joined: 6/9/2009
Posts: 85
guru267 wrote:
IMHO this stock still has limitations in the share price because of its really poor dividend policy...


As long as the retained earnings are properly reinvested, it is an advantage for a long term investor.

Did you know Berkshire Hathaway does not pay dividends? why? Mainly because buffet doesn't want shareholders net worth cut by double taxation - the income tax paid by the company and the tax (withholding tax) on the shareholders dividends.
sparkly
#24 Posted : Friday, August 13, 2010 9:48:54 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
muganda wrote:
Good work DTB.

And what's this animal called Other Operating Income growing 100% and contributing 50% to profit before tax?


forex trading gains... Just guessing, banks are making loads from the volatility of the major currencies.
Life is short. Live passionately.
VituVingiSana
#25 Posted : Friday, August 13, 2010 9:56:59 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
guru267 wrote:
IMHO this stock still has limitations in the share price because of its really poor dividend policy...
Nope coz it is growing!

Look at KCB... they paid heavy dividends (large Dividend Payout) then came back for more cash thru Rights! Idiots...

DTBK is saving shareholders cash by 'retaining' more cash instead of more Rights Issues...

Rights Issues make printers, CMA, NSE, brokers, lawyers, etc more money... It is cheaper to 'retain' 1bn by not paying a hefty dividend than raising it thru a Rights Issue...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sheep
#26 Posted : Friday, August 13, 2010 11:54:01 AM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
imeanza kupepea! tried to put orders yesterday but my sloth broker did not execute,now Ive cancelled till another opportune time...hakuna haraka..I am well invested here.
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
underweight
#27 Posted : Friday, August 13, 2010 11:59:49 AM
Rank: Member

Joined: 1/25/2009
Posts: 184
Location: For now El-Fashier - Darfur
Applause Anyone on live data to kindly post for me the Asks and Bids for DTB. Is it worthy buying at 110 which translates to almost 13% after the 1H Announcement for short time speculation before the excitement is ova. Got some 250K floating in my CDS after off loading Centum on friday! Wat your take wazuans.
"A bad decision made now is beta that a good one made later!!"
cnn
#28 Posted : Friday, August 13, 2010 12:01:55 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
@sheep,i hope your opportune time is in the past,i have had to bid 110 to get them purchased.
VituVingiSana
#29 Posted : Friday, August 13, 2010 12:12:09 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
@underweight - Bids at 110/- No Offers...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
underweight
#30 Posted : Friday, August 13, 2010 12:12:25 PM
Rank: Member

Joined: 1/25/2009
Posts: 184
Location: For now El-Fashier - Darfur
@cnn are you suggesting that at 110 its worthy buying it. I trade online and can place my order anytime the trading in on. What your take on this?
"A bad decision made now is beta that a good one made later!!"
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