Wazua
»
Investor
»
Stocks
»
Barclays - 2018 and beyond
Rank: Elder Joined: 6/23/2009 Posts: 14,340 Location: nairobi
|
Ericsson wrote:tom_boy wrote:sparkly wrote:Ericsson wrote:When did the rains hit this bank.The highest profit they ever made was in FY 2010 and that is the year they paid highest dividend.
Till today they have never recovered Problems started in late 90s/ early 00s when they: 1. Recalled loans on many businesses; 2. Closed branches; 3. Retrenched staff; 4. Invested deposits in Government Securities; 5. Increased minimum balances for all accounts; 6. Imposed monthly ledger fees on savings accounts; They chased away retail clients, Small, Micro and Medium Entreprises. The local banks stepped in. When they tried to win back the people they chased away, it was too late. True dat. I am one of those guys they chased away. And you are still a boy till today @Ericsson you are out of order COOP, IMH, KEGN, KQ, MTNU
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,827 Location: NAIROBI
|
obiero wrote:Ericsson wrote:tom_boy wrote:sparkly wrote:Ericsson wrote:When did the rains hit this bank.The highest profit they ever made was in FY 2010 and that is the year they paid highest dividend.
Till today they have never recovered Problems started in late 90s/ early 00s when they: 1. Recalled loans on many businesses; 2. Closed branches; 3. Retrenched staff; 4. Invested deposits in Government Securities; 5. Increased minimum balances for all accounts; 6. Imposed monthly ledger fees on savings accounts; They chased away retail clients, Small, Micro and Medium Entreprises. The local banks stepped in. When they tried to win back the people they chased away, it was too late. True dat. I am one of those guys they chased away. And you are still a boy till today @Ericsson you are out of order  Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,827 Location: NAIROBI
|
Share price is following the mood of the results Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
Ericsson wrote:obiero wrote:Ericsson wrote:tom_boy wrote:sparkly wrote:Ericsson wrote:When did the rains hit this bank.The highest profit they ever made was in FY 2010 and that is the year they paid highest dividend.
Till today they have never recovered Problems started in late 90s/ early 00s when they: 1. Recalled loans on many businesses; 2. Closed branches; 3. Retrenched staff; 4. Invested deposits in Government Securities; 5. Increased minimum balances for all accounts; 6. Imposed monthly ledger fees on savings accounts; They chased away retail clients, Small, Micro and Medium Entreprises. The local banks stepped in. When they tried to win back the people they chased away, it was too late. True dat. I am one of those guys they chased away. And you are still a boy till today @Ericsson you are out of order Oh boy Life is short. Live passionately.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,340 Location: nairobi
|
Compare and contrast the NPL positions  COOP, IMH, KEGN, KQ, MTNU
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
|
Very strong share trading activity today,is it because of the usually good dividend? "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,827 Location: NAIROBI
|
mlennyma wrote:Very strong share trading activity today,is it because of the usually good dividend? A major investor making a good harvest Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Member Joined: 5/31/2011 Posts: 263
|
sparkly wrote:Ericsson wrote:When did the rains hit this bank.The highest profit they ever made was in FY 2010 and that is the year they paid highest dividend.
Till today they have never recovered Problems started in late 90s/ early 00s when they: 1. Recalled loans on many businesses; 2. Closed branches; 3. Retrenched staff; 4. Invested deposits in Government Securities; 5. Increased minimum balances for all accounts; 6. Imposed monthly ledger fees on savings accounts; They chased away retail clients, Small, Micro and Medium Entreprises. The local banks stepped in. When they tried to win back the people they chased away, it was too late. You are looking at one of them chased guys and since then I despised BBK both as a bank as an investment. You lose money chasing women, but you never lose women chasing money - NAS
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,387 Location: Nairobi
|
Barclays seeks to sell three closed branches at Sh65m https://www.businessdail...183632-md3wvz/index.htmlIn 2017, the bank had closed Moi Avenue, Haile Selassie, Waiyaki Way, Kawangware, Rahimtulla, Nakummatt Meru and Wundanyi branches. This cut branch network from 96 to 89. Bamburi, Maragua and Supplies branches are now up for sale. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
VituVingiSana wrote:Barclays seeks to sell three closed branches at Sh65m https://www.businessdail...183632-md3wvz/index.htmlIn 2017, the bank had closed Moi Avenue, Haile Selassie, Waiyaki Way, Kawangware, Rahimtulla, Nakummatt Meru and Wundanyi branches. This cut branch network from 96 to 89. Bamburi, Maragua and Supplies branches are now up for sale. A bank on its deathbed. Life is short. Live passionately.
|
|
|
Wazua
»
Investor
»
Stocks
»
Barclays - 2018 and beyond
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|