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KCB 2018 and Beyond
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stocksmaster
#761 Posted : Wednesday, March 20, 2024 6:50:05 PM
Rank: Member


Joined: 9/26/2006
Posts: 389
Location: CENTRAL PROVINCE
cnn wrote:
cnn wrote:
cnn wrote:
mlennyma wrote:
Fireworks.. Supply has dried at 26.70

NBK possible sale...sold some of the ones i purchased below
20.

Full year results being released at this moment

Appears like no dividend


It will be an interesting day tomorrow but the news of the sale of NBK was clearly meant to neutralise the negativity of no dividends, rising NPL of Ksh 208.3bn and shrinking EPS....

Looks like it was a good day to sell today for those that did at Ksh 26.70.

Happy hunting.
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wukan
#762 Posted : Wednesday, March 20, 2024 7:07:13 PM
Rank: Veteran


Joined: 11/13/2015
Posts: 1,568
VituVingiSana wrote:
wukan wrote:
VituVingiSana wrote:
wukan wrote:
VituVingiSana wrote:

KCB cannot afford to pay a dividend given the CARs at KCB Kenya.
Equity might be a much better buy today but the cheaper the better.

I am not happy with the DPR of Equity since COVID days.
2 years of zero dividends. Then the dividend has been anemic vs others.
DRC will probably pay off so that's the bright light at the end of the tunnel.


KCB price baked in the prospect of zero dividends. Isn't the move from 15 to >21.95 sufficient compensation for being forward looking?


Aren't we looking at prices today vs yesterday?
It does not benefit me one bit what yesterday's price was.
I have to pay today's price.


Would it matter if you pay today's price at 21.95 and KCB missed to pay its 3 bob dividend and the price settles at 27 because of improved CAR?


I would rather look at other options than KCB for now at 22 for my own peace of mind.

2x ABSA at 11
For Equity, I would like to get back in but at a lower price.
0.8 I&M at 17.50

Good Luck!


I have been sufficiently compensated smile
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Kenyan Oracle
#763 Posted : Thursday, March 21, 2024 8:04:48 AM
Rank: Member


Joined: 5/31/2011
Posts: 247
KCB skips dividend payout for the first time in 21 years

https://www.businessdail...ime-in-21-years--4563678
You lose money chasing women, but you never lose women chasing money - NAS
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Realtreaty
#764 Posted : Thursday, March 21, 2024 11:47:42 AM
Rank: Elder


Joined: 8/16/2011
Posts: 2,260
KCB announces results at night . I thought it was a swearing in!!!
They bought a bull with no horns thinking it was a heifer nearing serving time ( National Bank)
Now they are selling their poor 'heifer-bull' for slaughter!!!
Hakuna Kitu!!!!
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mlennyma
#765 Posted : Thursday, March 21, 2024 11:51:42 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,175
Location: nairobi
Realtreaty wrote:
KCB announces results at night . I thought it was a swearing in!!!
They bought a bull with no horns thinking it was a heifer nearing serving time ( National Bank)
Now they are selling their poor 'heifer-bull' for slaughter!!!
Hakuna Kitu!!!!


May be oigara was running away from that bad decision plus the earlier south Sudan
"Don't let the fear of losing be greater than the excitement of winning."
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VituVingiSana
#766 Posted : Thursday, March 21, 2024 11:51:00 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,055
Location: Nairobi
wukan wrote:
VituVingiSana wrote:
wukan wrote:
VituVingiSana wrote:
wukan wrote:
VituVingiSana wrote:

KCB cannot afford to pay a dividend given the CARs at KCB Kenya.
Equity might be a much better buy today but the cheaper the better.

I am not happy with the DPR of Equity since COVID days.
2 years of zero dividends. Then the dividend has been anemic vs others.
DRC will probably pay off so that's the bright light at the end of the tunnel.


KCB price baked in the prospect of zero dividends. Isn't the move from 15 to >21.95 sufficient compensation for being forward looking?


Aren't we looking at prices today vs yesterday?
It does not benefit me one bit what yesterday's price was.
I have to pay today's price.


Would it matter if you pay today's price at 21.95 and KCB missed to pay its 3 bob dividend and the price settles at 27 because of improved CAR?


I would rather look at other options than KCB for now at 22 for my own peace of mind.

2x ABSA at 11
For Equity, I would like to get back in but at a lower price.
0.8 I&M at 17.50

Good Luck!


I have been sufficiently compensated smile

Good for you.
KCB VWAP 24.15 (vs 21.95 when we looked at it) +10%
ABSA VWAP 14 (vs 11 when we looked at it) +27%
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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littledove
#767 Posted : Monday, March 25, 2024 2:41:19 PM
Rank: Member


Joined: 7/1/2014
Posts: 895
Location: sky
littledove wrote:
Sir invest wrote:
Yes. But 3 bob will be a surprise to many.

This one i bought heavily at 18 and below, i expect them to resume paying dividend of atleast 3bob by next year, that would be a very good yield at my current average. This year i don't expect much but at least 2bob will be appreciated

my biggest weakness have come to play again, i always locate very good discounts at nse but i exit earlySad Sad bought kcb heavily @an average of 17.80 but exited at 26, its now heading to 30
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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jawgey
#768 Posted : Monday, March 25, 2024 2:51:06 PM
Rank: Member


Joined: 1/13/2014
Posts: 378
Location: Denmark
littledove wrote:
littledove wrote:
Sir invest wrote:
Yes. But 3 bob will be a surprise to many.

This one i bought heavily at 18 and below, i expect them to resume paying dividend of atleast 3bob by next year, that would be a very good yield at my current average. This year i don't expect much but at least 2bob will be appreciated

my biggest weakness have come to play again, i always locate very good discounts at nse but i exit earlySad Sad bought kcb heavily @an average of 17.80 but exited at 26, its now heading to 30


Go long-term and avoid sporadic spikes in the heart rate.
Seeing is believing
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mlennyma
#769 Posted : Thursday, April 04, 2024 10:00:25 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,175
Location: nairobi
littledove wrote:
littledove wrote:
Sir invest wrote:
Yes. But 3 bob will be a surprise to many.

This one i bought heavily at 18 and below, i expect them to resume paying dividend of atleast 3bob by next year, that would be a very good yield at my current average. This year i don't expect much but at least 2bob will be appreciated

my biggest weakness have come to play again, i always locate very good discounts at nse but i exit earlySad Sad bought kcb heavily @an average of 17.80 but exited at 26, its now heading to 30


Sometimes we aim too low only to regret, because we even don't sell to take the money to a better investment @31 Now you have lost 4 quick shillings and I still think the price of kcb should be somewhere near equity share going forward ...iam also dreaming of a special dividend after selling NBK
"Don't let the fear of losing be greater than the excitement of winning."
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Ericsson
#770 Posted : Friday, April 05, 2024 11:00:59 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
mlennyma wrote:
littledove wrote:
littledove wrote:
Sir invest wrote:
Yes. But 3 bob will be a surprise to many.

This one i bought heavily at 18 and below, i expect them to resume paying dividend of atleast 3bob by next year, that would be a very good yield at my current average. This year i don't expect much but at least 2bob will be appreciated

my biggest weakness have come to play again, i always locate very good discounts at nse but i exit earlySad Sad bought kcb heavily @an average of 17.80 but exited at 26, its now heading to 30


Sometimes we aim too low only to regret, because we even don't sell to take the money to a better investment @31 Now you have lost 4 quick shillings and I still think the price of kcb should be somewhere near equity share going forward ...iam also dreaming of a special dividend after selling NBK


No special dividend from KCB;the money will be used to boost the capital ratios for KCB Kenya/refund the money.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#771 Posted : Saturday, April 20, 2024 8:16:22 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
https://www.businessdail...i-banking-deal--4590540

Stanbic taking over KCB business/client.
I hope it ends well with them
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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VituVingiSana
#772 Posted : Tuesday, April 23, 2024 4:33:11 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,055
Location: Nairobi
Ericsson wrote:
https://www.businessdailyafrica.com/bd/corporate/companies/stanbic-wins-devki-banking-deal--4590540

Stanbic taking over KCB business/client.
I hope it ends well with them
Laughing out loudly Laughing out loudly Laughing out loudly Something tells me there will be drama with Devki down the line.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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