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CFC FY2014 results PBT up 7% (lacklustre)
Rank: Member Joined: 1/4/2015 Posts: 153
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BOOKS CLOSURE? Dreams are not the thing you see in your sleep..it's the thing that doesn't let you sleep. - A.P.J. Abdul Kalam
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Rank: Member Joined: 2/1/2010 Posts: 272 Location: Nairobi
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Why don't they just announce book closure? What's with the dillydallying? The harder you work, the luckier you get
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Rank: Elder Joined: 12/4/2009 Posts: 10,809 Location: NAIROBI
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In todays newspaper they have published 2015 Q1 results. profits before tax fell from ksh.2.172bn in Q1 2014 to ksh.1.632bn in Q1 2015 Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 3/20/2008 Posts: 503
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Ericsson wrote:In todays newspaper they have published 2015 Q1 results. profits before tax fell from ksh.2.172bn in Q1 2014 to ksh.1.632bn in Q1 2015 RINK???
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Rank: Member Joined: 9/14/2011 Posts: 869 Location: nairobi
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Ericsson wrote:In todays newspaper they have published 2015 Q1 results. profits before tax fell from ksh.2.172bn in Q1 2014 to ksh.1.632bn in Q1 2015 wow, such a huge drop. They have moved from very high growth in profits to such big drop! i should have sold this share but i guess its too late to sell now
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Rank: Member Joined: 3/20/2008 Posts: 503
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heri wrote:Ericsson wrote:In todays newspaper they have published 2015 Q1 results. profits before tax fell from ksh.2.172bn in Q1 2014 to ksh.1.632bn in Q1 2015 wow, such a huge drop. They have moved from very high growth in profits to such big drop! i should have sold this share but i guess its too late to sell now DN or standard
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Ericsson wrote:In todays newspaper they have published 2015 Q1 results. profits before tax fell from ksh.2.172bn in Q1 2014 to ksh.1.632bn in Q1 2015 Whoa! That's 24.8% down?! If H1 maintains those readings we're talking a likely profit warning alert!?
This financial sector, watch it keenly...i $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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xxxxx wrote:heri wrote:Ericsson wrote:In todays newspaper they have published 2015 Q1 results. profits before tax fell from ksh.2.172bn in Q1 2014 to ksh.1.632bn in Q1 2015 wow, such a huge drop. They have moved from very high growth in profits to such big drop! i should have sold this share but i guess its too late to sell now DN or standard DN, pg 21
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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hisah wrote:Ericsson wrote:In todays newspaper they have published 2015 Q1 results. profits before tax fell from ksh.2.172bn in Q1 2014 to ksh.1.632bn in Q1 2015 Whoa! That's 24.8% down?! If H1 maintains those readings we're talking a likely profit warning alert!?
This financial sector, watch it keenly...i For CFC, blame the plunge in Non Interest Income. They have tried to massage the numbers by cutting loan loss provision significantly yet NPL are on the increase, not good!
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Rank: Member Joined: 9/14/2011 Posts: 869 Location: nairobi
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mwekez@ji wrote:hisah wrote:Ericsson wrote:In todays newspaper they have published 2015 Q1 results. profits before tax fell from ksh.2.172bn in Q1 2014 to ksh.1.632bn in Q1 2015 Whoa! That's 24.8% down?! If H1 maintains those readings we're talking a likely profit warning alert!?
This financial sector, watch it keenly...i For CFC, blame the plunge in Non Interest Income. They have tried to massage the numbers by cutting loan loss provision significantly yet NPL are on the increase, not good! so the only thing keeping this share above 110 is the dividend. i cannot believe the paper loss considering it touched 140s
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CFC FY2014 results PBT up 7% (lacklustre)
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