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KCB 2018 and Beyond
jgithige
#41 Posted : Thursday, August 09, 2018 2:11:23 PM
Rank: Member


Joined: 7/10/2014
Posts: 114
Location: Nairobi
watesh wrote:
Ericsson wrote:
Sir invest wrote:
KCB Even @51 bob no one is will to sell!!!! The target now seem to the sweet Interim dividend.


Plus the South Sudan peace deal

I already gave up on that country


Truce between Kiir and Machar similar to that of Waititu na Nyoro. Shortlived.
"Blowing out someone else candle won't make yours shine brighter"-Anonymous
Swenani
#42 Posted : Thursday, August 09, 2018 3:19:01 PM
Rank: User


Joined: 8/15/2013
Posts: 12,671
Location: Vacuum
obiero wrote:
Ericsson wrote:
Sir invest wrote:
KCB Even @51 bob no one is will to sell!!!! The target now seem to the sweet Interim dividend.


Plus the South Sudan peace deal

Hope it holds


I can tell you for a fact that it will not hold

Even if it holds, KCB has already lost most of it's clientele in South Sudan who were mostly NGO's UN and Multinationals. Most if not all of the organizations have moved to Ecobank due to lack of $$$ in KCB
Poverty is the root of all evil
madebe
#43 Posted : Friday, August 10, 2018 3:11:13 PM
Rank: Member


Joined: 10/7/2010
Posts: 251
Location: nairobi
Ericsson wrote:
Half year results to be out this week


This week ends when?
mlennyma
#44 Posted : Friday, August 10, 2018 7:50:10 PM
Rank: Elder


Joined: 7/21/2010
Posts: 5,863
Location: nairobi
madebe wrote:
Ericsson wrote:
Half year results to be out this week


This week ends when?

Guess work
"Don't let the fear of losing be greater than the excitement of winning."
Horton
#45 Posted : Sunday, August 12, 2018 2:38:50 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,264
Location: Nairobi
madebe wrote:
Ericsson wrote:
Half year results to be out this week


This week ends when?



Seems late. Last year they announced HY on Aug 2
I own shares in KCB,CYTONN, BRK.B and a few other unlisted companies
Ericsson
#46 Posted : Sunday, August 12, 2018 4:30:57 PM
Rank: Elder


Joined: 12/4/2009
Posts: 5,669
Location: NAIROBI
Horton wrote:
madebe wrote:
Ericsson wrote:
Half year results to be out this week


This week ends when?



Seems late. Last year they announced HY on Aug 2


This year no elections
Pesa Nane
#47 Posted : Sunday, August 12, 2018 10:41:29 PM
Rank: Elder


Joined: 5/25/2012
Posts: 3,933
Location: 08c
Ericsson wrote:
Horton wrote:
madebe wrote:
Ericsson wrote:
Half year results to be out this week


This week ends when?



Seems late. Last year they announced HY on Aug 2


This year no elections

Tune in on Thursday 16 August 2018 (Guesswork smile )
Pesa Nane plans to be shilingi when he grows up.
obiero
#48 Posted : Monday, August 13, 2018 8:57:53 AM
Rank: Elder


Joined: 6/23/2009
Posts: 10,640
Location: nairobi
Pesa Nane wrote:
Ericsson wrote:
Horton wrote:
madebe wrote:
Ericsson wrote:
Half year results to be out this week


This week ends when?



Seems late. Last year they announced HY on Aug 2


This year no elections

Tune in on Thursday 16 August 2018 (Guesswork smile )

Umenoa
COOP 5,500; KCB 2,500; KQ 95,000
mlennyma
#49 Posted : Monday, August 13, 2018 2:16:27 PM
Rank: Elder


Joined: 7/21/2010
Posts: 5,863
Location: nairobi
Equity gaining momentum,Kcb losing steam
"Don't let the fear of losing be greater than the excitement of winning."
innovator
#50 Posted : Monday, August 13, 2018 2:30:09 PM
Rank: Member


Joined: 7/24/2010
Posts: 231
Location: nairobi
mlennyma wrote:
Equity gaining momentum,Kcb losing steam


HY Results foresight
VituVingiSana
#51 Posted : Monday, August 13, 2018 2:30:43 PM
Rank: Chief


Joined: 1/3/2007
Posts: 14,908
Location: Nairobi
mlennyma wrote:
Equity gaining momentum,Kcb losing steam

Applause Applause Applause
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Horton
#52 Posted : Monday, August 13, 2018 2:37:15 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,264
Location: Nairobi
innovator wrote:
mlennyma wrote:
Equity gaining momentum,Kcb losing steam


HY Results foresight



Meh. Short term swings don’t matter. I’m riding this thing from upper 20s to 90s on the long term horizon. 5year timeline bought EQUITY at 42/-

I own both companies.
I own shares in KCB,CYTONN, BRK.B and a few other unlisted companies
Ericsson
#53 Posted : Tuesday, August 14, 2018 8:47:56 AM
Rank: Elder


Joined: 12/4/2009
Posts: 5,669
Location: NAIROBI
Horton wrote:
innovator wrote:
mlennyma wrote:
Equity gaining momentum,Kcb losing steam


HY Results foresight



Meh. Short term swings don’t matter. I’m riding this thing from upper 20s to 90s on the long term horizon. 5year timeline bought EQUITY at 42/-

I own both companies.


Half year results to be released Thursday 18 August 2018
Angelica _ann
#54 Posted : Tuesday, August 14, 2018 9:10:20 AM
Rank: Elder


Joined: 12/7/2012
Posts: 9,523
Ericsson wrote:
Horton wrote:
innovator wrote:
mlennyma wrote:
Equity gaining momentum,Kcb losing steam


HY Results foresight



Meh. Short term swings don’t matter. I’m riding this thing from upper 20s to 90s on the long term horizon. 5year timeline bought EQUITY at 42/-

I own both companies.


Half year results to be released Thursday 18 August 2018


Thursday 16th .....smile So @pesanane was right!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Ericsson
#55 Posted : Wednesday, August 15, 2018 10:45:26 AM
Rank: Elder


Joined: 12/4/2009
Posts: 5,669
Location: NAIROBI
https://www.businessdail...3046-edqohyz/index.html

Investors who bought Chase Bank corporate bonds worth Sh4.8 billion have been dealt a big blow after it emerged that their only hope of recouping their money is tied to what will be left after Mauritian lender SBM Holdings carves out the good assets from the collapsed bank.
The Kenya Depositors Insurance Corporation (KDIC) chief executive, Mohamud Mohamud, in a phone interview Tuesday said the interests of depositors come first in the bank’s ongoing rescue while bondholders, like other creditors, play second fiddle.
“According to our law, those are creditors and so they will be catered for under the residue (Chase) Bank of 25 per cent. If you look at our law, we first pay the depositors then the creditors,” said Mr Mohamud.
The Central Bank of Kenya (CBK) and the KDIC struck a deal that is set to be completed this Friday in which SBM Bank will carve out 75 per cent of certain assets and liabilities from Chase Bank.
The KDIC’s position means that bondholders will have to wait for the remaining portion of Chase Bank to realise any money for them to be paid, a tough call given that some of the financial institutions under receivership have been in that state for 25 years.
Mr Mohamud said that it was not possible to set timelines for paying the bondholders since the KDIC will have to start making follow-ups on outstanding loans in the residual 25 per cent stake after the SBM deal.
The Capital Markets Authority (CMA), which cleared the Chase Bank bond issue in 2015, says that it has been engaging both the CBK and the KDIC but was yet to understand what will become of bondholders after Friday’s deal.
CMA chief executive Paul Muthaura Tuesday said that the CMA is not sure yet if the 2015 bond is part of what SBM will be carving out as its assets and liabilities or it will remain with what will be left of Chase Bank after the deal.
“As it stands, that has not been definitively communicated and that is what we are seeking very clear directions on,” said Mr Muthaura.
“There has been a focus by them to ensure they address all depositors’ issues first and foremost but we continue to engage with them to be very conscious of wider stakeholder considerations just as in any resolution.”
In mid-July, SBM Holdings Group CEO Andrew Bainbridge avoided discussing the bondholders’ fate, instead directing the Business Daily to seek information from the CBK and the KDIC.
On Tuesday, MTC Trust and Corporate Services, the firm responsible for implementation of the bond (trustee), held a closed-door meeting with the bondholders in Nairobi to decide on the next course of action.
Our attempt to get a comment from MTC Trust managing director Madabhushi Soundararajan on what transpired during the meeting did not materialise as he said he was busy with other matters. Bondholders of Imperial bank, also in receivership, and other potential lenders will be following this keenly as it could set a precedent on what will become of their Sh2 billion corporate bond.
The CMA had raised concerns in its June 2018 research paper on low uptake of capital markets products, stating that there is a high likelihood that bondholders will be treated as ordinary depositors upon resolution of Chase Bank and Imperial Bank.
Ericsson
#56 Posted : Thursday, August 16, 2018 8:22:28 AM
Rank: Elder


Joined: 12/4/2009
Posts: 5,669
Location: NAIROBI
Kcb regains position 1 of most profitable bank
Pesa Nane
#57 Posted : Thursday, August 16, 2018 10:01:45 AM
Rank: Elder


Joined: 5/25/2012
Posts: 3,933
Location: 08c
obiero wrote:
Pesa Nane wrote:
Ericsson wrote:
Horton wrote:
madebe wrote:
Ericsson wrote:
Half year results to be out this week


This week ends when?



Seems late. Last year they announced HY on Aug 2


This year no elections

Tune in on Thursday 16 August 2018 (Guesswork smile )

Umenoa


💪
Pesa Nane plans to be shilingi when he grows up.
mlennyma
#58 Posted : Thursday, October 04, 2018 10:09:15 AM
Rank: Elder


Joined: 7/21/2010
Posts: 5,863
Location: nairobi
What does kcb see in imperial bank which it has failed to do with it's own structures in the same business environment?I don't support the approval,they wanted chasebank,they wanted nbk is everything good for them?
"Don't let the fear of losing be greater than the excitement of winning."
aemathenge
#59 Posted : Thursday, October 04, 2018 10:55:40 AM
Rank: Elder


Joined: 10/18/2008
Posts: 2,964
Location: Kerugoya
mlennyma wrote:
What does kcb see in imperial bank which it has failed to do with it's own structures in the same business environment?I don't support the approval,they wanted chasebank,they wanted nbk is everything good for them?

You look at this issue from the wrong perspective.

The question should be:

Why would a banking client patronize Imperial Bank, Chasebank, National Bank of Kenya et al and not KCB?

There is a relationship, a system, a feature, a need that such patrons are looking for and finding in these institutions. That is what KCB is venturing out to capture.

Just a thought. Just a thought.
mlennyma
#60 Posted : Thursday, October 04, 2018 11:04:31 AM
Rank: Elder


Joined: 7/21/2010
Posts: 5,863
Location: nairobi
aemathenge wrote:
mlennyma wrote:
What does kcb see in imperial bank which it has failed to do with it's own structures in the same business environment?I don't support the approval,they wanted chasebank,they wanted nbk is everything good for them?

You look at this issue from the wrong perspective.

The question should be:

Why would a banking client patronize Imperial Bank, Chasebank, National Bank of Kenya et al and not KCB?

There is a relationship, a system, a feature, a need that such patrons are looking for and finding in these institutions. That is what KCB is venturing out to capture.

Just a thought. Just a thought.

The management will be kcb,do you think a new management will run it,the loopholes in management is what killed them
"Don't let the fear of losing be greater than the excitement of winning."
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