Do you have proof that every CEO owns shares in their company??

KCB is the hallmark of inefficiency...expect another rights issue in 3yrs time after theyve pissed off their cash to devani kinda deals...I wonder why KCB,KQ recieve almost fanatical following from retail investors...ama its coz they start with the name kenya?

In a year's time, KCB current sharehoders will have received a return of about 90%. KQ coudld possibly make about 50% so I do not think the investors are not daft in making decisions to buy into these companies.

VVS, JM didn't really 'reduce' his shareholding in Equity. Through proxies he owns much more than the maximum 5 percent threshold required.

I think it's now safe to say that KCB WILL NOT COME DOWN. Next thread please!

Well now that we know that MOO has 500k shares in KCB, are we buying??

Great people look at KCB's numbers properly, what you are celebrating was the great second half of 2011. KCB will not grow by much by end of year. They also appear to be buying deposits to make the balance sheet look great. There are no lending opportunities so why bulk up 18B more and pay up 200m to please the audience yet it's clear there is no much value that money is likely to earn. For the first time I prefer Member's balance sheet to KCB's in terms of quality and philosophy. Equity barely grew deposits which is closer to reality compared to the rest of the sector and economy. There are also no lending opportunities there is no therefore point paying fund managers 17%+ when you can't find a government security to investment in for that much rather you the money in. Memba meanwhile has lent more that KCB this half yet KCB has twice the balance sheet. I am interested to see how KCB will cook end year results because their second half last year was humongous. Are they going to buy loans now as well or....

@Kausha stop hating KCB produced excellent better than equity bank.
Give credit where it is due.
Mr Mwangi of equity bank acknowledged it was a tough trading period for Equity Bank

@Erickson, I ain't hating and I acknowledged these were exceptional results but for the students of financial analysis, who have read about dressing books, these KCB results have a decent touch to them but it's all legal. Having said that we all know banks make money largely from lending and investing in government securities/ bank deposits. The windfall KCB is enjoying is from the previous year's work. Look at the current book from December and you will see where concerns are coming from and then go and look at cost of customer deposits and you will realize why we shouldn't celebrate just yet.

@Erickson, which interest rates - the lending I presume because the deposit rates are now even going back up, which will simply apply brakes to the expected drop in lending rates.