wazua Sun, Jan 19, 2025
Welcome Guest Search | Active Topics | Log In | Register

5 Pages<12345>
Equity Bank Q1 2012 Pre tax profit up 29%
Options
Previous Topic · Next Topic
Aguytrying
#41 Posted : Sunday, April 29, 2012 9:02:27 AM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Cde Monomotapa wrote:
QW25091985 wrote:
hahahahha. with member doing kcb in the start of the year i think @cde willnot be loggin in for the rest of the year . his ROAR may soon turn into a ka . Meew ! Laughing out loudly Laughing out loudly Laughing out loudly

I expect better from you!! Laughing out loudly Laughing out loudly Laughing out loudly


@QW. you know KCB accelerates 2H.
The investor's chief problem - and even his worst enemy - is likely to be himself
Back to top
 Report Abusive | Report SPAM
QW25091985
#42 Posted : Sunday, April 29, 2012 10:51:48 AM
Rank: User


Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
Aguytrying wrote:
Cde Monomotapa wrote:
QW25091985 wrote:
hahahahha. with member doing kcb in the start of the year i think @cde willnot be loggin in for the rest of the year . his ROAR may soon turn into a ka . Meew ! Laughing out loudly Laughing out loudly Laughing out loudly

I expect better from you!! Laughing out loudly Laughing out loudly Laughing out loudly


@QW. you know KCB accelerates 2H.


am noticing what excites investors is actually missing and thats loan book growth !
maybe it has plateaued and now its on its way down .
since there's no manipulation of the shilling were will they get their profits from ? mmmmmh...
Oh and please dont give me that " director said " talk . they are usually very high when they are making their forecasts !
how many times have we been promissed heaven then given hell !
Back to top
 Report Abusive | Report SPAM
the deal
#43 Posted : Sunday, April 29, 2012 11:33:28 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Hehehe @QW u are cracking me up ati Roooaar is now Meeeeeaaaaw smh!!!! HAHAHAHAHA
Back to top
 Report Abusive | Report SPAM
QW25091985
#44 Posted : Sunday, April 29, 2012 11:44:43 AM
Rank: User


Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
the deal wrote:
Hehehe @QW u are cracking me up ati Roooaar is now Meeeeeaaaaw smh!!!! HAHAHAHAHA



or a Purr !!!!!!! you know the cats sound ? Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Back to top
 Report Abusive | Report SPAM
the deal
#45 Posted : Sunday, April 29, 2012 11:58:02 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
QW25091985 wrote:
the deal wrote:
Hehehe @QW u are cracking me up ati Roooaar is now Meeeeeaaaaw smh!!!! HAHAHAHAHA



or a Purr !!!!!!! you know the cats sound ? Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

Hehehehe the lion is now a cat...Meeeaaaaaaaw...shrinking loan book...surging cost of funds...even income from fees declined in Q1....ati member is rated Sell I see why you are allergic to fundamental analysis...
Back to top
 Report Abusive | Report SPAM | Edit by user: Sunday, April 29, 2012 12:03 PM | Reason: Not specified
MoG
#46 Posted : Sunday, April 29, 2012 2:53:58 PM
Rank: New-farer


Joined: 4/19/2011
Posts: 49
Location: Nairobi
guru267 wrote:
[quote=QW25091985]hahahahha. with member doing kcb in the start of the year i think @cde willnot be loggin in for the rest of the year . his ROAR may soon turn into a ka . Meew ! Laughing out loudly Laughing out loudly Laughing out loudly


@qw KCB will roar this year with an EPS of 5bob as promised by the chairman..

DPS will come in at 2.75 and NAV per share of 18bob..

At current prices Equity cannot touch KCBs fundamentals with a long pole..
Back to top
WWW
 Report Abusive | Report SPAM
QW25091985
#47 Posted : Sunday, April 29, 2012 3:18:10 PM
Rank: User


Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
Let me make a prediction here ! Come half year results meeeew! will still be trailing equity a.k.a member.
Lets see how first kcb will recover its loan book. Definatly not in one quater !
Back to top
 Report Abusive | Report SPAM
theman192000
#48 Posted : Monday, April 30, 2012 3:34:42 PM
Rank: Member


Joined: 7/11/2008
Posts: 401
Question to the experts.

How did EBL manage to reduce NPL from 4.5% in Mar '11 to 2.7% in Mar '12 considering an increase in interest rates during the same period?
Back to top
 Report Abusive | Report SPAM
guru267
#49 Posted : Monday, April 30, 2012 3:40:27 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
theman192000 wrote:
Question to the experts.

How did EBL manage to reduce NPL from 4.5% in Mar '11 to 2.7% in Mar '12 considering an increase in interest rates during the same period?


Increasing lending rates does not necessarily mean increasing defaults especially if they are managed well through restricturing through longer repayment periods rather than increased payments..

The lower NPLs means lower default risk
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
freiks
#50 Posted : Tuesday, May 01, 2012 3:24:22 PM
Rank: Veteran


Joined: 6/8/2010
Posts: 1,729
Rwanda branches reports losses. Will it be long term or its because of the startup

http://www.newtimes.co.r....php?i=14979&a=53115
Life is an endless adventure
Back to top
 Report Abusive | Report SPAM
GenghisCapitalLtd
#51 Posted : Wednesday, May 02, 2012 10:12:30 AM

Rank: Bona-fide


Joined: 11/2/2011
Posts: 191
Location: Nairobi
guru267 wrote:
theman192000 wrote:
Question to the experts.

How did EBL manage to reduce NPL from 4.5% in Mar '11 to 2.7% in Mar '12 considering an increase in interest rates during the same period?


Increasing lending rates does not necessarily mean increasing defaults especially if they are managed well through restricturing through longer repayment periods rather than increased payments..

The lower NPLs means lower default risk

To add more weight to this explanation especially regarding member. Member has 7.5Mn customers aka depositors (a stat shared in jest by Dr.Mwangi was every 7 of 10 new bank accounts are opened at Member) therefore this will continually grow. The decline in NPL is just the default risk has reduced as CB implemented KBA's recommendations and for member specifically, its customers have continually (religiously as put by Dr. Mwangi) been paying their loans taking into account 46% of Kenyans voted Member as the brand/institution that highly impacted their lives - thus some emotional attachment can be an unquantifiable element for the decrease in NPLs.
Follow us on Twitter @genghiscapital
“Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected.” Steve Jobs,iGenius
Back to top
WWW
 Report Abusive | Report SPAM
GenghisCapitalLtd
#52 Posted : Wednesday, May 02, 2012 10:18:46 AM

Rank: Bona-fide


Joined: 11/2/2011
Posts: 191
Location: Nairobi
[quote=freiks]Rwanda branches reports losses. Will it be long term or its because of the startup

http://www.newtimes.co.r...php?i=14979&a=53115[/quote]

It wont be long term cz operations started Q4 2011. I expect it to break even in Q1 2013 or Q4 2012 (extremely bullish on latter time frame) once agency banking is introduced in rwanda. The TZ branches will take a longer time to break even, my take is at least 2 years.
Follow us on Twitter @genghiscapital
“Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected.” Steve Jobs,iGenius
Back to top
WWW
 Report Abusive | Report SPAM
hisah
#53 Posted : Thursday, May 10, 2012 5:03:55 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Hmmm... Kenya's Equity could consider overseas listing.

http://af.reuters.com/ar...;feedName=investingNews

JM wrote:
"When Equity raises more money, that will be a major issue that has to be dealt with: Is the market still big enough for any additional capitalisation?" Chief Executive James Mwangi told Reuters on the sidelines of an event ahead of the World Economic Forum on Africa, which runs this week in Ethiopia.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
GenghisCapitalLtd
#54 Posted : Thursday, May 10, 2012 7:25:16 PM

Rank: Bona-fide


Joined: 11/2/2011
Posts: 191
Location: Nairobi
http://www.businessdaily...0/-/lwbmc0/-/index.html member moving on up...
Follow us on Twitter @genghiscapital
“Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected.” Steve Jobs,iGenius
Back to top
WWW
 Report Abusive | Report SPAM
youcan'tstopusnow
#55 Posted : Thursday, May 10, 2012 11:11:52 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
hisah wrote:
Hmmm... Kenya's Equity could consider overseas listing.

http://af.reuters.com/ar...;feedName=investingNews

JM wrote:
"When Equity raises more money, that will be a major issue that has to be dealt with: Is the market still big enough for any additional capitalisation?" Chief Executive James Mwangi told Reuters on the sidelines of an event ahead of the World Economic Forum on Africa, which runs this week in Ethiopia.

The news of foreign funds wanting a piece of Equity and the intention of a secondary IPO should have pricked your ears. Hope mlistock enough between 16-17.
Hapa sitoki!
GOD BLESS YOUR LIFE
Back to top
WWW
 Report Abusive | Report SPAM
Cde Monomotapa
#56 Posted : Thursday, May 10, 2012 11:52:49 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Great! De-capitalize the West! Build Africa!
Back to top
 Report Abusive | Report SPAM | Edit by user: Friday, May 11, 2012 12:01 AM | Reason: ;-)
Cde Monomotapa
#57 Posted : Thursday, May 10, 2012 11:59:04 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
GenghisCapitalLtd wrote:
[quote=freiks]Rwanda branches reports losses. Will it be long term or its because of the startup

http://www.newtimes.co.r...php?i=14979&a=53115[/quote]

It wont be long term cz operations started Q4 2011. I expect it to break even in Q1 2013 or Q4 2012 (extremely bullish on latter time frame) once agency banking is introduced in rwanda. The TZ branches will take a longer time to break even, my take is at least 2 years.

KCB Group? Been there, done that...with an exception of KCB Burundi smile *hides*
Back to top
 Report Abusive | Report SPAM
GenghisCapitalLtd
#58 Posted : Friday, May 11, 2012 10:23:14 AM

Rank: Bona-fide


Joined: 11/2/2011
Posts: 191
Location: Nairobi
Cde Monomotapa wrote:
GenghisCapitalLtd wrote:
[quote=freiks]Rwanda branches reports losses. Will it be long term or its because of the startup

http://www.newtimes.co.r...php?i=14979&a=53115[/quote]

It wont be long term cz operations started Q4 2011. I expect it to break even in Q1 2013 or Q4 2012 (extremely bullish on latter time frame) once agency banking is introduced in rwanda. The TZ branches will take a longer time to break even, my take is at least 2 years.

KCB Group? Been there, done that...with an exception of KCB Burundi smile *hides*

Laughing out loudly Laughing out loudly
Follow us on Twitter @genghiscapital
“Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected.” Steve Jobs,iGenius
Back to top
WWW
 Report Abusive | Report SPAM
ngapat
#59 Posted : Saturday, June 02, 2012 10:24:32 PM
Rank: Member


Joined: 12/11/2006
Posts: 884
Rwanda complaining
http://allafrica.com/stories/201203271322.html
“Invest in yourself. Your career is the engine of your wealth.”
Back to top
 Report Abusive | Report SPAM
guru267
#60 Posted : Saturday, June 02, 2012 11:33:56 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
ngapat wrote:
Rwanda complaining
http://allafrica.com/stories/201203271322.html


This article reminds me of the late Akamba bus terminal.. smile

In the service business if your employees are unhappy this will result in poor customer care, which will result in loss of customers and finally bankruptcy..

I dont think equity bank is immune to this no matter how big they think their ego is!


Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (10)
5 Pages<12345>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2025 Wazua.co.ke. All Rights Reserved.