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ImageKCB
Main highlights from the Kengen FY 2017 results:
1. Lack of dividend for the second year in a row is heart-breaking
2. Increasing loan book means less profitability arising from interest expenses
3. Poor rainfall in better part of 2017 means less hydro generation of electricity
4. Tax compensation was sole factor for high PAT
5. Operating profit down by over 16% means the fundamentals have taken a turn south

It is definitely apparent that an investor must exercise due diligence prior to purchase of Kengen shares in its current state.



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Avoid the mother of all bubbles if you have hard earned money

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all eyes on the green bank for a stellar 2017

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On Wednesday the share starts a new chapter

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I dont get the concern. Kenya is a stable country

 



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