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24 Pages«<222324
Banque de Kigali
Ericsson
#461 Posted : Friday, August 30, 2019 9:19:26 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,992
Location: NAIROBI
Bank of Kigali first half pre tax profits fall by 3% to $24mn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#462 Posted : Saturday, August 31, 2019 6:21:39 AM
Rank: Elder


Joined: 6/23/2009
Posts: 12,842
Location: nairobi
Ericsson wrote:
Bank of Kigali first half pre tax profits fall by 3% to $24mn

Not a good sign.. But drop is marginal
COOP 5,500 ABP12.6; HF 30,000 ABP 5.90; KCB 7,500 ABP 36; KQ 414,100 ABP 7.92
Ericsson
#463 Posted : Monday, January 20, 2020 5:14:20 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,992
Location: NAIROBI
.@BankofKigali cross-listed stock at NSE shed 9.92% to close at 22.70, trading 1,000,000 shares.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Nifiche
#464 Posted : Friday, April 03, 2020 5:11:20 PM
Rank: New-farer


Joined: 4/8/2019
Posts: 14
Nifiche wrote:
Sir invest wrote:
Kenyans!Kenyans!Kenyans!Kenyans!...........be warned that 1 Bob the much you can earn as dividend from BK for the next 5 years per share bought at Ksh.30.



This stock has been a consistent dividend payer returns averaging 4.5% past five years.

2013: dividend RWF 11.10 share price at results date RWF 330 [3,36% / 3,20% after tax]
2014: dividend RWF 16.33 share price at results date RWF 294 [5.55% / 5.23% after tax]
2015: dividend RWF 12.15 share price at results date RWF 280 [4.34% / 4.12% after tax]
2016: dividend RWF 12.30 share price at results date RWF 243 [5.06% / 4.81% after tax]
2017: dividend RWF 13.87 share price at results date RWF 295 [4.70% / 4.47% after tax]
2018: dividend RWF 12.20 share price at results date RWF 275 [4.40% / 4.21% after tax]


FY2019 results (dividend payout drops to 35% of net income):

Total Operating Income up 16.3% to RWF 121bn
Loans and Advances up 19.3% to RWF 678bn
Customer Deposits up 20.8% to RWF 642bn
Net Interest Income up 25% to RWF 94.8bn
Total Operating Expenses up 1.9% to RWF 51bn
Profit Before Tax up 22.3% to RWF 52.1bn
Profit After Tax up 36.3% to RWF 37.3bn
Basic EPS: RWF 41.4
Dividend: RWF 14.40

https://www.bk.rw/files/...-audited-q4-and-fy-2019

Question is, will banks in Africa borrow a leaf from their EU counterparts and cancel dividend payouts? Anxious
If you think you can you're right; if you think you can't you're right.
watesh
#465 Posted : Friday, April 03, 2020 6:35:47 PM
Rank: Member


Joined: 8/10/2014
Posts: 847
Location: Kenya
Nifiche wrote:
Nifiche wrote:
Sir invest wrote:
Kenyans!Kenyans!Kenyans!Kenyans!...........be warned that 1 Bob the much you can earn as dividend from BK for the next 5 years per share bought at Ksh.30.



This stock has been a consistent dividend payer returns averaging 4.5% past five years.

2013: dividend RWF 11.10 share price at results date RWF 330 [3,36% / 3,20% after tax]
2014: dividend RWF 16.33 share price at results date RWF 294 [5.55% / 5.23% after tax]
2015: dividend RWF 12.15 share price at results date RWF 280 [4.34% / 4.12% after tax]
2016: dividend RWF 12.30 share price at results date RWF 243 [5.06% / 4.81% after tax]
2017: dividend RWF 13.87 share price at results date RWF 295 [4.70% / 4.47% after tax]
2018: dividend RWF 12.20 share price at results date RWF 275 [4.40% / 4.21% after tax]


FY2019 results (dividend payout drops to 35% of net income):

Total Operating Income up 16.3% to RWF 121bn
Loans and Advances up 19.3% to RWF 678bn
Customer Deposits up 20.8% to RWF 642bn
Net Interest Income up 25% to RWF 94.8bn
Total Operating Expenses up 1.9% to RWF 51bn
Profit Before Tax up 22.3% to RWF 52.1bn
Profit After Tax up 36.3% to RWF 37.3bn
Basic EPS: RWF 41.4
Dividend: RWF 14.40

https://www.bk.rw/files/...-audited-q4-and-fy-2019

Question is, will banks in Africa borrow a leaf from their EU counterparts and cancel dividend payouts? Anxious

A number of small ones may be forced to pay small dividends or cut completely. NPLs will deteriorate capital. However, larger banks with bigger capital buffers may survive. In Kenya they just came from an era of interest rate caps and stringent NPLs allocations so most of the loans are secured and come from pretty stable businesses/individuals. There will be some shock but with enough capital buffers dividend cuts will not be a must.
Ericsson
#466 Posted : Friday, April 03, 2020 7:31:49 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,992
Location: NAIROBI
Nifiche wrote:
Nifiche wrote:
Sir invest wrote:
Kenyans!Kenyans!Kenyans!Kenyans!...........be warned that 1 Bob the much you can earn as dividend from BK for the next 5 years per share bought at Ksh.30.



This stock has been a consistent dividend payer returns averaging 4.5% past five years.

2013: dividend RWF 11.10 share price at results date RWF 330 [3,36% / 3,20% after tax]
2014: dividend RWF 16.33 share price at results date RWF 294 [5.55% / 5.23% after tax]
2015: dividend RWF 12.15 share price at results date RWF 280 [4.34% / 4.12% after tax]
2016: dividend RWF 12.30 share price at results date RWF 243 [5.06% / 4.81% after tax]
2017: dividend RWF 13.87 share price at results date RWF 295 [4.70% / 4.47% after tax]
2018: dividend RWF 12.20 share price at results date RWF 275 [4.40% / 4.21% after tax]


FY2019 results (dividend payout drops to 35% of net income):

Total Operating Income up 16.3% to RWF 121bn
Loans and Advances up 19.3% to RWF 678bn
Customer Deposits up 20.8% to RWF 642bn
Net Interest Income up 25% to RWF 94.8bn
Total Operating Expenses up 1.9% to RWF 51bn
Profit Before Tax up 22.3% to RWF 52.1bn
Profit After Tax up 36.3% to RWF 37.3bn
Basic EPS: RWF 41.4
Dividend: RWF 14.40

https://www.bk.rw/files/...-audited-q4-and-fy-2019

Question is, will banks in Africa borrow a leaf from their EU counterparts and cancel dividend payouts? Anxious


Conversion to ksh. divide by 9
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#467 Posted : Thursday, May 21, 2020 11:51:02 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,992
Location: NAIROBI
https://www.bloomberg.co...t-drop-on-virus-fallout

Reason for high volume being traded and share price decline
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Nifiche
#468 Posted : Sunday, May 24, 2020 11:52:54 PM
Rank: New-farer


Joined: 4/8/2019
Posts: 14
Nifiche wrote:


FY2019 results (dividend payout drops to 35% of net income):

Total Operating Income up 16.3% to RWF 121bn
Loans and Advances up 19.3% to RWF 678bn
Customer Deposits up 20.8% to RWF 642bn
Net Interest Income up 25% to RWF 94.8bn
Total Operating Expenses up 1.9% to RWF 51bn
Profit Before Tax up 22.3% to RWF 52.1bn
Profit After Tax up 36.3% to RWF 37.3bn
Basic EPS: RWF 41.4
Dividend: RWF 14.40

https://www.bk.rw/files/...-audited-q4-and-fy-2019

Question is, will banks in Africa borrow a leaf from their EU counterparts and cancel dividend payouts? Anxious



Proposed dividend passed at AGM 'despite a difficult outlook for the year 2020'. Disbursement is however subject to approval by the BNR.

https://www.ktpress.rw/2...dends-upon-bnr-approval/
If you think you can you're right; if you think you can't you're right.
cyruskulei
#469 Posted : Friday, May 29, 2020 11:52:03 AM
Rank: Member


Joined: 3/9/2010
Posts: 270
Location: kenya
This counter has been suspended today. Anyone with the circular indicating so or reason from nse.
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.

Nifiche
#470 Posted : Monday, June 01, 2020 9:07:32 AM
Rank: New-farer


Joined: 4/8/2019
Posts: 14
Nifiche wrote:
Nifiche wrote:


FY2019 results (dividend payout drops to 35% of net income):

Total Operating Income up 16.3% to RWF 121bn
Loans and Advances up 19.3% to RWF 678bn
Customer Deposits up 20.8% to RWF 642bn
Net Interest Income up 25% to RWF 94.8bn
Total Operating Expenses up 1.9% to RWF 51bn
Profit Before Tax up 22.3% to RWF 52.1bn
Profit After Tax up 36.3% to RWF 37.3bn
Basic EPS: RWF 41.4
Dividend: RWF 14.40

https://www.bk.rw/files/...-audited-q4-and-fy-2019

Question is, will banks in Africa borrow a leaf from their EU counterparts and cancel dividend payouts? Anxious



Proposed dividend passed at AGM 'despite a difficult outlook for the year 2020'. Disbursement is however subject to approval by the BNR.

https://www.ktpress.rw/2...ends-upon-bnr-approval/


---

"...As recommended by the Regulator BNR, the dividend payment for 2019 is deferred to 2021 when the uncertainties arising from the COVID-19 pandemic and its impact on liquidity will have been moderated."
If you think you can you're right; if you think you can't you're right.
detomweri
#471 Posted : Wednesday, June 03, 2020 10:12:53 AM
Rank: New-farer


Joined: 3/4/2010
Posts: 66
Location: Nairobi
Could you please provide a link for the dividend deferring to 2021
Nifiche
#472 Posted : Thursday, June 04, 2020 1:44:50 PM
Rank: New-farer


Joined: 4/8/2019
Posts: 14
detomweri wrote:
Could you please provide a link for the dividend deferring to 2021


@detomweri. See the corporate news section at the end of the daily market report:

https://rse.rw/IMG/pdf/r...esday_03rd_june_2020.pdf
If you think you can you're right; if you think you can't you're right.
target1360
#473 Posted : Friday, September 18, 2020 4:46:51 PM
Rank: Member


Joined: 5/14/2014
Posts: 286
Location: nairobi
the counter is still falling, touched kes 13.5 today
I find satisfaction in owning great business,not trading them
Ericsson
#474 Posted : Friday, September 18, 2020 7:06:02 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,992
Location: NAIROBI
target1360 wrote:
the counter is still falling, touched kes 13.5 today


Have you checked the volumes being traded
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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