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equity bank Q3 results
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bartum
#1 Posted : Tuesday, October 26, 2010 8:43:18 AM
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Joined: 8/11/2010
Posts: 1,011
Location: nairobi
some access to the investor presentations inform us how it is
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Gordon Gekko
#2 Posted : Tuesday, October 26, 2010 9:23:44 AM
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Joined: 5/27/2008
Posts: 3,760
Don't you just wish they had live coverage like scon did for their finals results?
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youcan'tstopusnow
#3 Posted : Tuesday, October 26, 2010 9:34:44 AM
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Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Results were supposed to be out by 7.30. Probably out
GOD BLESS YOUR LIFE
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mjuaji wa stocks
#4 Posted : Tuesday, October 26, 2010 9:52:12 AM
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Joined: 1/16/2010
Posts: 672
Location: nairobi
iko mutu kushapata???

God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!
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the deal
#5 Posted : Tuesday, October 26, 2010 10:12:10 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
you guys are waiting for the results like an HIV test...positive/negative...positive ofcourse but just like 1H...
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kasheshe
#6 Posted : Tuesday, October 26, 2010 10:20:41 AM
Rank: New-farer


Joined: 8/6/2010
Posts: 26
The share price for EQUITY has not had any excitement we have witnessed in Coop, DTK and HF. Could that be a reflection of the expected performance?d'oh!
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sheep
#7 Posted : Tuesday, October 26, 2010 10:26:08 AM
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Joined: 7/24/2008
Posts: 781
ukiona wame-release mapema hivi lazima zikuwe mzuri....after a little doctoring here and there,expect high double digit growth.
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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mlennyma
#8 Posted : Tuesday, October 26, 2010 10:30:08 AM
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Joined: 7/21/2010
Posts: 6,192
Location: nairobi
You mean wazuans are so slow in getting breaking news?
"Don't let the fear of losing be greater than the excitement of winning."
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mv_ufanisi
#9 Posted : Tuesday, October 26, 2010 10:31:10 AM
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Joined: 1/15/2010
Posts: 625
Great results from Equity Bank. Profit after tax up to 5.125billion from 3.384billion last year. Great stuff!
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Sober
#10 Posted : Tuesday, October 26, 2010 10:32:48 AM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
Ati what! Slow
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Bugatti
#11 Posted : Tuesday, October 26, 2010 10:38:37 AM
Rank: New-farer


Joined: 10/14/2010
Posts: 50
Location: Nairobi Kenya
Wazuans.Read from this link-Reuters
http://af.reuters.com/ar...ws/idAFLDE69O1NY20101026
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Pastor M
#12 Posted : Tuesday, October 26, 2010 11:05:54 AM
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Joined: 8/18/2009
Posts: 303
This means Equity Bank is the highest bank in term of net profits this year because already KCB and BBK profits are below what Equity Bank have reported.
Well done Equity frantenity
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mjuaji wa stocks
#13 Posted : Tuesday, October 26, 2010 11:14:33 AM
Rank: Member


Joined: 1/16/2010
Posts: 672
Location: nairobi
EB all the time followed by Co-op Bank.

I bought .... i am buying!!

Target exit prices

EB - ksh41/-

Co-op kshs 30/-

all of them in march 2011.
God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!
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Njung'e
#14 Posted : Tuesday, October 26, 2010 11:20:22 AM
Rank: Elder


Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
@Mjuaji,

EB target of 41 by March??...hahah!!...You are such a dreamer!
Nothing great was ever achieved without enthusiasm.
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mlennyma
#15 Posted : Tuesday, October 26, 2010 11:21:56 AM
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Joined: 7/21/2010
Posts: 6,192
Location: nairobi
Share price not excited anyway.
"Don't let the fear of losing be greater than the excitement of winning."
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yekeyeke
#16 Posted : Tuesday, October 26, 2010 11:23:21 AM
Rank: Member


Joined: 6/4/2008
Posts: 345
These are great results and this shows why thinking outside the box is king. It shows that as a bank, if you collect deposits only to play the T bills game, you will loose big time.

Go equity go. Lets now become the biggest bank in east and central africa in terms of:-
-Market capitalisation.
-Biggest lender.
-Bank with largest number of accounts.
-Biggest profit after and before tax.

http://www.cnbc.com/id/39843092
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kir
#17 Posted : Tuesday, October 26, 2010 11:23:34 AM
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Joined: 7/11/2009
Posts: 11
Equity PBT of 6.53B
KCB PBT of 6.51B
Just the start of things to come. Barclays is next. These guys know how to maximize on returns on assets with a B.S of 136B as compared to KCB's B.S of 244B.
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youcan'tstopusnow
#18 Posted : Tuesday, October 26, 2010 11:26:11 AM
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Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Say what you want. Those results are impressive. Equity is on course to be the top bank in Kenya in terms of profitabily in the next 1 and a half years
GOD BLESS YOUR LIFE
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mjuaji wa stocks
#19 Posted : Tuesday, October 26, 2010 11:31:52 AM
Rank: Member


Joined: 1/16/2010
Posts: 672
Location: nairobi
Njung'e wrote:
@Mjuaji,

EB target of 41 by March??...hahah!!...You are such a dreamer!



Guka .... and who said dreaming is bad??

Ama kwani mtu akizeeka .... you no longer dream??? smile smile smile

Ama ni uzee Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly ........ tungoje.
God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!
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Wa_ithaka
#20 Posted : Tuesday, October 26, 2010 11:34:09 AM
Rank: Veteran


Joined: 1/7/2010
Posts: 1,279
Location: nbi
I think Equity will definitely take Barc in the next 12 months in the PBT race as Ug has now reached breakeven point.
The Governor of Nyeri - 2017
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