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Where Is Equity Bank results ?
Rank: Veteran Joined: 10/17/2008 Posts: 1,234
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Gordon Gekko wrote:FUNKY wrote:Just got information that Equity Results have been delayed this time because King James is abroad to attend a conference and as soon as he lands back the results will be announced. You've just confirmed the succession risk at Ekuete - there's no deputy to run the mundane administrative task of announcing results. That is not the issue. The issue is ensuring that JM's travelling program in consonant with its reporting obligations. I think it is a good thing for the CEO to be the one to announce the results.
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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Mpenzi wrote:Gordon Gekko wrote:FUNKY wrote:Just got information that Equity Results have been delayed this time because King James is abroad to attend a conference and as soon as he lands back the results will be announced. You've just confirmed the succession risk at Ekuete - there's no deputy to run the mundane administrative task of announcing results. That is not the issue. The issue is ensuring that JM's travelling program in consonant with its reporting obligations. I think it is a good thing for the CEO to be the one to announce the results. this are end of year results bwana ! very very important for shareholders ... we all want to hear from the horses mouth what next year and future holds.. who better than a CEO to do that.
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Rank: Member Joined: 1/29/2011 Posts: 257
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FUNKY wrote:HUGE demand for Equity shares today. A sign of optimism... "All intelligent investing is value investing -- acquiring more than you are paying for. You must value the business in order to value the stock." - Charlie Munger.
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Rank: Veteran Joined: 12/11/2006 Posts: 903
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Why cant King james announce from wherever he is through video conferencing? My entire fortune lies there “Invest in yourself. Your career is the engine of your wealth.”
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Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru
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FUNKY wrote:HUGE demand for Equity shares today. Huge volumes for CO-OP too... Dumb money becomes dumb only when it listens to smart money
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Fyatu wrote:FUNKY wrote:HUGE demand for Equity shares today. Huge volumes for CO-OP too... And when is CIC announcing? Should come b4 coop since coop is a shareholder of cic. Just an opinion. The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Member should not announce the results!!!!! Let the speculation raise the price to 22/- first! Then a 1.25-1.5/- dividend, it will make it climb to 26-27/- before book closure! Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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dunkang wrote:Then a 1.25-1.5/- dividend, it will make it climb to 26-27/- before book closure! @dunkang So what do you forecast for KCB with a 1.85 dividend?? Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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guru267 wrote:dunkang wrote:Then a 1.25-1.5/- dividend, it will make it climb to 26-27/- before book closure! @dunkang So what do you forecast for KCB with a 1.85 dividend?? The Simba's mbas left me 3 towns behind, so i don't really think about it. On prediction, Simba=Member, both Share prices behave the same regardless of dividend paid! Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Member Joined: 2/20/2007 Posts: 359
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dunkang wrote:guru267 wrote:dunkang wrote:Then a 1.25-1.5/- dividend, it will make it climb to 26-27/- before book closure! @dunkang So what do you forecast for KCB with a 1.85 dividend?? The Simba's mbas left me 3 towns behind, so i don't really think about it. On prediction, Simba=Member, both Share prices behave the same regardless of dividend paid! I tend to disagree. Simba is a chronic laggard perhaps due to higher liquidity, rises slowly and drops quickly. Memba surges faster and higher but drops slowly to about the same level post-div.
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Rank: Veteran Joined: 6/2/2010 Posts: 1,075
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Equity will ONLY announce after Stanchart. Told you they wait for all the majors to announce first. Cooking books aint that easy.........
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Equity operated in Rwanda for one month in 2011. Watch out for start up costs in that country in form of staff costs, training and other operational costs. Life is short. Live passionately.
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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sparkly wrote:Equity operated in Rwanda for one month in 2011. Watch out for start up costs in that country in form of staff costs, training and other operational costs. Mis-information! During presentation of HY 2011 results, King James indicated that they had trained staff and constructed 5 of the 10 branches in Rwanda. The HY results were acceptable with well over 50% of ground work completed, therefore, the issue of Rwanda expansion affecting results negatively arising is null and void. Wewe Wacha Hate Speech! 25-26/- lazima by end month! Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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dunkang wrote:sparkly wrote:Equity operated in Rwanda for one month in 2011. Watch out for start up costs in that country in form of staff costs, training and other operational costs. Mis-information! During presentation of HY 2011 results, King James indicated that they had trained staff and constructed 5 of the 10 branches in Rwanda. The HY results were acceptable with well over 50% of ground work completed, therefore, the issue of Rwanda expansion affecting results negatively arising is null and void. Wewe Wacha Hate Speech! 25-26/- lazima by end month! What if they had trained staff and constructed branches? That was pre-operating costs and CAPEX WIP at that time. Equity Rwanda has now operated for three months, including part of 2011. The staff are on the payroll, intangibles have to be armotized, CAPEX depreciated. The Rwanda staff was in Nairobi for training for 6 months, staying at 4 star hotels. Where do you think this costs will go to? The results have to be consolidated and Rwanda is not contributing to the bottom line. Life is short. Live passionately.
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Rank: Veteran Joined: 12/11/2006 Posts: 903
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Rumor has it equity and coop will announce results tomorrow. From some tweet by one @oleturana https://twitter.com/#!/search/%23CORPORATEANNOUNCEMENT “Invest in yourself. Your career is the engine of your wealth.”
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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It will be a good morning tomorrow then.
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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FUNKY wrote:It will be a good morning tomorrow then. Lets wait and see! http://www.bloomberg.com...bets-nairobi-mover.html
Note: i. Earnings upto to quarter three are more than all 2010 earnings, ii. PAT upto to quarter three 42% more, iii. Shilling collapsed during quarter four. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Veteran Joined: 12/11/2006 Posts: 903
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Cfc stanbic too will be announcing 2011 fy results tomorrow “Invest in yourself. Your career is the engine of your wealth.”
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Rank: Veteran Joined: 6/17/2009 Posts: 1,622
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ngapat wrote:Cfc stanbic too will be announcing 2011 fy results tomorrow Cfc's are already out....http://af.reuters.com/article/kenyaNews/idAFN6E8CQ00Y20120307
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