BBK profits up by 6% UPTO 7BN - Stocks - Wazua

Welcome Guest

Wazua » Investor » Stocks » BBK profits up by 6% UPTO 7BN

2 Pages12>

BBK profits up by 6% UPTO 7BN

Options

Previous Topic · Next Topic

Sober		#1 Posted : Friday, November 19, 2010 9:59:16 PM
Rank: Elder Joined: 11/27/2007 Posts: 3,604		Here we come. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Back to top		\|
User Profile

mlennyma		#2 Posted : Friday, November 19, 2010 11:12:30 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		You forgot to write profit up by a "mere" 6% and put the MERE in capitals. "Don't let the fear of losing be greater than the excitement of winning."
Back to top		WWW \|
User Profile

youcan'tstopusnow		#3 Posted : Saturday, November 20, 2010 6:26:27 AM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		www.kbc.co.ke/news.asp?nid=67643 Yet their MD was satisfied. They should just savour their last year as king of the hill. 6 percent is a joke when even KCB made above 20 percent GOD BLESS YOUR LIFE
Back to top		WWW \|
User Profile

Gordon Gekko		#4 Posted : Saturday, November 20, 2010 8:47:05 AM
Rank: Elder Joined: 5/27/2008 Posts: 3,760		I've always believed BBK is rudderless strategywise. One time they close most of their branches, the next time they open hundreds; one time they target the niche market, the next time they deal with the masses; one time they dabble in bonds, the next time they lead in unsecured personal loans; one time they are masters of asset financing, the next time they are in islamic banking, no wonder their fortunes fluctuate so wildly. They seem to called it wrong this time, posting 14% (?) when everybody else, including neanderthals like Baroda are flying.
Back to top		\|
User Profile

guru267		#5 Posted : Saturday, November 20, 2010 9:04:16 AM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		youcan'tstopusnow wrote: www.kbc.co.ke/news.asp?nid=67643 Yet their MD was satisfied. They should just savour their last year as king of the hill. 6 percent is a joke when even KCB made above 20 percent @youcan't banks like BBK and stanchart only tend to do better than the other banks like KCB during recessions and low economic growth because of their conservaitve operations and the high loan loss provisions by the other banks but in years of high economic growth this conservativeness comes back to bite them in the ass... Mark 12:29 Deuteronomy 4:16
Back to top		\|
User Profile

VituVingiSana		#6 Posted : Saturday, November 20, 2010 5:07:13 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi		BBK remains far more profitable & efficient vs KCB... [KCB has the largest asset base yet underperforms vs SCBK/BBK/Equity] Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		\|
User Profile

guru267		#7 Posted : Saturday, November 20, 2010 7:13:59 PM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		VituVingiSana wrote: BBK remains far more profitable & efficient vs KCB... [KCB has the largest asset base yet underperforms vs SCBK/BBK/Equity] @VVS I know KCB underperforms its assets but I was talking about PROFIT GROWTH!!! KCB will always out perform BBK and STANCHART in a boom and they will always perform better than KCB in down turns... Mark 12:29 Deuteronomy 4:16
Back to top		\|
User Profile

VituVingiSana		#8 Posted : Saturday, November 20, 2010 7:24:15 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi		guru267 wrote: VituVingiSana wrote: BBK remains far more profitable & efficient vs KCB... [KCB has the largest asset base yet underperforms vs SCBK/BBK/Equity] @VVS I know KCB underperforms its assets but I was talking about PROFIT GROWTH!!! KCB will always out perform BBK and STANCHART in a boom and they will always perform better than KCB in down turns... I disagree... Seems KCB has a habit/need for a major scam every 2 years! Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		\|
User Profile

guru267		#9 Posted : Saturday, November 20, 2010 7:43:29 PM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		VituVingiSana wrote: guru267 wrote: VituVingiSana wrote: BBK remains far more profitable & efficient vs KCB... [KCB has the largest asset base yet underperforms vs SCBK/BBK/Equity] @VVS I know KCB underperforms its assets but I was talking about PROFIT GROWTH!!! KCB will always out perform BBK and STANCHART in a boom and they will always perform better than KCB in down turns... I disagree... Seems KCB has a habit/need for a major scam every 2 years! @VVS check 2009 and 2007 profit growth for KCB and BBK and you will believe what I am saying Mark 12:29 Deuteronomy 4:16
Back to top		\|
User Profile

sparkly		#10 Posted : Sunday, November 21, 2010 8:53:48 AM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		youcan'tstopusnow wrote: www.kbc.co.ke/news.asp?nid=67643 Yet their MD was satisfied. They should just savour their last year as king of the hill. 6 percent is a joke when even KCB made above 20 percent @y lol kcb has just chewed 12B in new capital to manage that 20%. Life is short. Live passionately.
Back to top		\|
User Profile

2 Pages12>

Wazua » Investor » Stocks » BBK profits up by 6% UPTO 7BN

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.

Watch this topic
Print this topic

Normal
Threaded