@donedeal,U've already been answered by Eli & Mukiha and I need not add more. However,I used to have similar perspective to investing just like u until I saw the light! I'm better off in NSE. If u talk of a co. which is unlisted then we can discuss.

Ecs 11.2 Give portions to seven,yes to eight,for you do not know what disaster may come upon the land.

@mukiha

Your guess is as good as mine. Ask yourself what fundamentals are contributing to the rise of this share? Apart from the hype,what is so unique about this 'EB modo'? KCB is in TZ (8 branches),Southern Sudan (4 branches),UG (5 branches?),Rwanda and Burundi one branch each,yet it does’t generate the sort of interest EB does. Is investment in the stock just about perception?



May we live in interesting times!

I don't know much about their books. I just follow their customer complaints for me to know exactly where they will be in 2 years......So far,I wouldn't touch it....My principle is only to buy companies whose product is impressive. Customer complaints and down ATM's is not a sign of a good product or longevity.

Skerians

Kindly look at this:

http://www.grameen-info....mp;id=26&Itemid=175

Now,please compare with this:

http://www.equitybank.co.ke/about.php?subcat=8

Notice anything in common?

I do not want promote equity bank in any manner,truth be told I beleive they have a long way to go.

If I were to invest in its shares as just another bank,I beleive I can do better,however if you are investing in a bank based on a microfinance model with exceptional growth then this counter makes sense. Therefore comparison with KCB does not make any sense unless their target market is the same.

More so then the income I would be looking at new accounts opened and deposit growth for equity bank come 1st qtr results to know if it still targeting its same low income customers for its growth.


Raheel

kenyans like speculating so much .what a shame you will never do anything if you listen to them.its called jealousy.equity bank in the next 5 years will be so so far.if you r clever buy the shares let the thomas continue doubting.thats how richard branson takes the opportunity and moves on.so its your choice

work smart

Am in this stock with all my legs for the next 5 years 24/7

TOMORROW WILL BE BETTER

In my view,the two most innovative firms locally and listed in the NSE are Safaricom and Equity Bank (not KCB for those always comparing the two). Funny how investor sentiment is at opposite ends for the two...Equity is here for a while,get with the programme or wait (for life) for it to hit Ksh. 7

For the doubting thomases please review the board of this bank. i did a review and noted its the only quoted comany on NSE which has coopted the brains behind the so called vision 2030 CEO-Gakuru Wahome,think of the implications of this on their long term strategy???


gmg