shocks wrote:There is something not right with the KCB math, They have the biggest balance sheet in the region and cannot beat barclays in profit generation. Equity a bank half their size can gnerate a profit only 100million less than KCB in the first quarter. How comes a bank so big has a market capitalisation half that of equity and barclays?
Either my maths is wrong(which I doubt coz I had a very good lower primary school teacher - Mrs Njuguna) or there is a big chunk of info about this bank thats waiting in the corner waiting to suprise us coz I cant believe a bank can be this undervalued
@shocks kweli kabisa. Their div yield is also decent (minus the dilution defect) the damn thing is a bargain. If they post good results in next year or so, mambo poa.
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