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KCB FY2017
Ericsson
#51 Posted : Sunday, April 01, 2018 10:19:45 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.businessdail...7250-1fd54dz/index.html

Real estate developer has secured a Sh1 billion loan from KCB for construction of residential flats in Tatu City.

The project is the third venture by Lifestyle Estates that KCB is partially financing. Others include Lifestyle Signature in Lavington, standalone residential units in Runda, Terraces and Gardens (apartments) in Syokimau.

The Sh3.5 billion real estate project dubbed Lifestyle Heights in Tatu City involves construction of 450 units on 30 acres of land.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#52 Posted : Tuesday, April 03, 2018 1:09:29 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Now it's journey to 66 per share
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
sparkly
#53 Posted : Tuesday, April 03, 2018 1:18:30 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ebenyo wrote:
VituVingiSana wrote:
murchr wrote:
VituVingiSana wrote:
Equity solidly at 53.50 with bids for 1mn+ shares
KCB at 51.50 with bids for 93k shares [And 1mn+ at 51]


Equity buyers are buying the rumor(speculation) KCB buyers already have the news

I bit the bullet at 53.50 (I missed out on 54) on EQT but I have plans for the proceeds. I hope I do not need to sell my NIC to generate more cash for another purpose.


where is your next move? mind sharing in the spirit of wazua?


My experience... when you a
Exit a superior stock, go into fixed income securities to preserve capital. Never but into a superior stock.

In other words buy blue chips in downturns, preserve capital in market tops.
Life is short. Live passionately.
Ericsson
#54 Posted : Monday, April 09, 2018 11:08:20 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.businessdail...78576-x29urq/index.html

KCB says in its financial report for the year ended December 2017 that it paid its chief executive, Joshua Oigara, Sh256 million, placing him among the best paid executives in Kenya and giving shareholders the very first insight into the nature of compensation at the top of the business.

Mr Oigara’s Sh256 million compensation for 2017 means his pay rose 14 per cent from Sh224 million in 2016, the bulk of it in bonuses.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#55 Posted : Wednesday, April 11, 2018 10:25:09 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.businessdail...81758-k7ynpk/index.html

Oigara took home Sh5.4m and CFO Kimathi Sh2.4m salary monthly in 2017
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ebenyo
#56 Posted : Wednesday, April 11, 2018 3:51:04 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
https://www.standardmedi...chief-executive-officer

This is a good move.Oigara leadership at Kcb is great.
Towards the goal of financial freedom
heri
#57 Posted : Thursday, April 12, 2018 7:51:40 AM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
https://www.businessdail...81758-k7ynpk/index.html

KCB’s chief executive officer Joshua Oigara and chief financial officer Lawrence Kimathi are set for a five per cent basic pay rise after a similar increment last year, the country’s biggest bank has disclosed.


Mr Oigara holds 35,157 shares in the bank currently worth nearly Sh2 million while Mr Kimathi is not a shareholder, according to the lender’s report.
Kingotore
#58 Posted : Friday, April 13, 2018 2:09:20 PM
Rank: New-farer

Joined: 12/27/2013
Posts: 87
There is high volumes of shares on sale but few people are purchasing. Share price going down. What happening @obiero
GOOD TO GREAT. KINGOTORE
obiero
#59 Posted : Friday, April 13, 2018 4:05:56 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,216
Location: nairobi
Kingotore wrote:
There is high volumes of shares on sale but few people are purchasing. Share price going down. What happening @obiero

Mutajua hamjui! The financials waters are choppy and I am yet to fully indulge noting I sold out KCB two years back at KES 61 per share as well as COOP, HF.. I only got back to HF recently, half heartedly since the 10:1 bonus accompanied by a dividend of KES 0.35 was enticing. It may end badly for many investors if the current trend persists since banks earn a bulk of their income from loans. The current interest rate debate debacle must be playing a part in the price action

KQ ABP 4.26
Sir invest
#60 Posted : Friday, April 13, 2018 4:34:46 PM
Rank: Member

Joined: 8/19/2015
Posts: 125
it has emerged that those proposing the repeal for the interest rate cap law are just making empty noises.Treasury/CBK Gvr and KBA.

https://www.businessdail...91254-21g1rmz/index.html
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