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Equity Bank Shares time to sell or not?
Rank: New-farer Joined: 9/25/2012 Posts: 58 Location: kenia
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I'm confused and i really need some advice, is Equity bank bottomed or what? According to report from Rwanda, Uganda & South Sudan the bank is not performing and their credit continue to grow. Now i'm wondering is time to sell my Shares at loss or i continue to hold hoping for a bright future. Note i bought it when it was trading at 27 Shillings. Thank you.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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If you do not need the cash urgently then you should hold out for 27bob! Why sell a cheap stock at a loss? Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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young farmer wrote:I'm confused and i really need some advice, is Equity bank bottomed or what? According to report from Rwanda, Uganda & South Sudan the bank is not performing and their credit continue to grow. Now i'm wondering is time to sell my Shares at loss or i continue to hold hoping for a bright future. Note i bought it when it was trading at 27 Shillings. Thank you. @Young farmer welcome to wazua, you will get lots of useful advise here, all free of charge so long as you also share. Now on your dilemma, you talk of "According to report from Rwanda, Uganda & South Sudan". Have you seen this report, is it from credible sources? you will realize that there are many false beliefs in stock investing. Many people just think its easy - You just buy and wait for the price to rise then sell! This is comparable to just showing up at the Olympics and expecting to win the sprint gold. It will not happen and you can take this to Equity Bank and take a loan on it (pun intended). For you to decide whether to sell or not, you need to answer the question "why did i buy?" first. For you to answer that question you need to invest in some stock trading knowledge first. You might want to join the wazua group gmail list. Life is short. Live passionately.
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Rank: Member Joined: 4/25/2012 Posts: 110
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sparkly wrote:young farmer wrote:I'm confused and i really need some advice, is Equity bank bottomed or what? According to report from Rwanda, Uganda & South Sudan the bank is not performing and their credit continue to grow. Now i'm wondering is time to sell my Shares at loss or i continue to hold hoping for a bright future. Note i bought it when it was trading at 27 Shillings. Thank you. @Young farmer welcome to wazua, you will get lots of useful advise here, all free of charge so long as you also share. Now on your dilemma, you talk of "According to report from Rwanda, Uganda & South Sudan". Have you seen this report, is it from credible sources? you will realize that there are many false beliefs in stock investing. Many people just think its easy - You just buy and wait for the price to rise then sell! This is comparable to just showing up at the Olympics and expecting to win the sprint gold. It will not happen and you can take this to Equity Bank and take a loan on it (pun intended). For you to decide whether to sell or not, you need to answer the question "why did i buy?" first. For you to answer that question you need to invest in some stock trading knowledge first. You might want to join the wazua group gmail list. Great advice from @Sparkly. You have to know how to evaluate the value of a stock and it includes knowing how to pick out relevant information from a company's financial reports. I spend time reading about stock market investing and relevant news and I can admit I spend some money too in books. Wazua is also a great resource. If you find yourself being frequently indecisive I would advice you dont put too much of your savings in stocks till you are comfortable. There is nothing as dangerous as an Idea, when there is only one Idea
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Rank: New-farer Joined: 9/11/2012 Posts: 12 Location: Bermuda
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@Sparkly how do i join wazua group gmail list...i would be interested. ...When they count the men who built Kenya, will you be in the list? I choose to go long term....
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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jacmuchiri wrote:@Sparkly how do i join wazua group gmail list...i would be interested. @Jacmuchiri, Karibu. 1. On your browser, go to 'groups.google.com' 2. On the homepage, enter 'wazua' on the groups search. 3. Click on wazua group and subscribe - a mail will be sent to the administrator who will accept you. Its all very very free. Your contribution is welcome Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Pesa Nane wrote:jacmuchiri wrote:@Sparkly how do i join wazua group gmail list...i would be interested. @Jacmuchiri, Karibu. 1. On your browser, go to 'groups.google.com' 2. On the homepage, enter 'wazua' on the groups search. 3. Click on wazua group and subscribe - a mail will be sent to the administrator who will accept you. Its all very very free. Your contribution is welcome  Kenyans love free things... On EB good stock, ignore the noise.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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I've noted for the first time in over a year it closed at 25.00 The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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the deal wrote:Pesa Nane wrote:jacmuchiri wrote:@Sparkly how do i join wazua group gmail list...i would be interested. @Jacmuchiri, Karibu. 1. On your browser, go to 'groups.google.com' 2. On the homepage, enter 'wazua' on the groups search. 3. Click on wazua group and subscribe - a mail will be sent to the administrator who will accept you. Its all very very free. Your contribution is welcome Kenyans love free things...On EB good stock, ignore the noise. @the deal, ever heard of "the best things in life are FREE??  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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sparkly wrote:young farmer wrote:I'm confused and i really need some advice, is Equity bank bottomed or what? According to report from Rwanda, Uganda & South Sudan the bank is not performing and their credit continue to grow. Now i'm wondering is time to sell my Shares at loss or i continue to hold hoping for a bright future. Note i bought it when it was trading at 27 Shillings. Thank you. @Young farmer welcome to wazua, you will get lots of useful advise here, all free of charge so long as you also share. Now on your dilemma, you talk of "According to report from Rwanda, Uganda & South Sudan". Have you seen this report, is it from credible sources? you will realize that there are many false beliefs in stock investing. Many people just think its easy - You just buy and wait for the price to rise then sell! This is comparable to just showing up at the Olympics and expecting to win the sprint gold. It will not happen and you can take this to Equity Bank and take a loan on it (pun intended). For you to decide whether to sell or not, you need to answer the question "why did i buy?" first. For you to answer that question you need to invest in some stock trading knowledge first. You might want to join the wazua group gmail list. Minus distortion, similar article on BD. RINKPesa Nane plans to be shilingi when he grows up.
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Rank: New-farer Joined: 9/25/2012 Posts: 58 Location: kenia
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Advice to myself; don't get greedy, i really enjoyed reading your advice from Wazua family.What a great compilation of advisors. i thoroughly enjoyed each advice. Sparkly And Moneymonger that was moving advice.
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Rank: New-farer Joined: 9/11/2012 Posts: 12 Location: Bermuda
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@Sparkly thanks a lot...am in! ...When they count the men who built Kenya, will you be in the list? I choose to go long term....
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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jacmuchiri wrote:@Sparkly thanks a lot...am in! I hope you will also be contributing here and there. Welcome to Wazua "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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Equity is the home of innovation Hashi Energy and Equity Bank unveil LPG cylinder credit facility http://www.equitybank.co...cylinder-credit-facilityHistory will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: Member Joined: 8/16/2012 Posts: 660
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C&PQuote: Tuesday, April 30, 2013 | 10:36 AM
The bus is a great way to get around, but it can be frustrating if you don’t have enough money for the journey, or the conductor forgets to give you change from your fare.
So Google has teamed up with Equity Bank, the largest bank in East Africa, to launch BebaPay, a payment card that makes it easier and more convenient to pay for bus travel in Kenya. LinkWhat are the figures contributed in the short period the collaboration has been in effect ? Too risky or another milestone bagged ? Live and learn; and don’t forget, nothing ventured, nothing gained.
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Museveni wrote:C&PQuote: Tuesday, April 30, 2013 | 10:36 AM
The bus is a great way to get around, but it can be frustrating if you don’t have enough money for the journey, or the conductor forgets to give you change from your fare.
So Google has teamed up with Equity Bank, the largest bank in East Africa, to launch BebaPay, a payment card that makes it easier and more convenient to pay for bus travel in Kenya. LinkWhat are the figures contributed in the short period the collaboration has been in effect ? Too risky or another milestone bagged ? Risky.It might take some time but when safaricom starts introducing NFC smartphones,they will still take this market.NFC belongs to telcos.
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Rank: Member Joined: 8/16/2012 Posts: 660
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symbols wrote:Museveni wrote:C&PQuote: Tuesday, April 30, 2013 | 10:36 AM
The bus is a great way to get around, but it can be frustrating if you don’t have enough money for the journey, or the conductor forgets to give you change from your fare.
So Google has teamed up with Equity Bank, the largest bank in East Africa, to launch BebaPay, a payment card that makes it easier and more convenient to pay for bus travel in Kenya. LinkWhat are the figures contributed in the short period the collaboration has been in effect ? Too risky or another milestone bagged ? Risky.It might take some time but when safaricom starts introducing NFC smartphones,they will still take this market.NFC belongs to telcos. It would certainly get interesting should Safaricom step up their NFC phones sales pitch & link up M-Shwari A/Cs with the Beba service But the Brown Cookie looks almost ready. Early lead. But its the numbers that matter most. Live and learn; and don’t forget, nothing ventured, nothing gained.
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Museveni wrote:symbols wrote:Museveni wrote:C&PQuote: Tuesday, April 30, 2013 | 10:36 AM
The bus is a great way to get around, but it can be frustrating if you don’t have enough money for the journey, or the conductor forgets to give you change from your fare.
So Google has teamed up with Equity Bank, the largest bank in East Africa, to launch BebaPay, a payment card that makes it easier and more convenient to pay for bus travel in Kenya. LinkWhat are the figures contributed in the short period the collaboration has been in effect ? Too risky or another milestone bagged ? Risky.It might take some time but when safaricom starts introducing NFC smartphones,they will still take this market.NFC belongs to telcos. It would certainly get interesting should Safaricom step up their NFC phones sales pitch & link up M-Shwari A/Cs with the Beba service But the Brown Cookie looks almost ready. Early lead. But its the numbers that matter most. Personally I think they made a terrible move.When the time is right Scom will embarrass them.They have the lead but not the advantage.For one thing NFC is the next battle ground for telcos especially for cashless transactions and I suspect that is why google targeted equity. Although other financial institutions are trying to tap NFC,the convenience offered by smartphones is greater than cards.Its all in one.I am also considering that consumer education can be done easily by telcos than equity or google because when it comes to technology in Kenya they are the influential players. Another aspect you've brought up is M-shwari and M-pesa.NFC might be used to create transactions easier especially for M-pesa and I suspect we will also see a Scom app that might rely on it.But I have to check the security of NFC first.All in all,NFC will be everywhere so for developers,don't ignore NFC or APIs from Kenya!
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Rank: Member Joined: 8/16/2012 Posts: 660
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symbols wrote:Museveni wrote:symbols wrote:Museveni wrote:C&PQuote: Tuesday, April 30, 2013 | 10:36 AM
The bus is a great way to get around, but it can be frustrating if you don’t have enough money for the journey, or the conductor forgets to give you change from your fare.
So Google has teamed up with Equity Bank, the largest bank in East Africa, to launch BebaPay, a payment card that makes it easier and more convenient to pay for bus travel in Kenya. LinkWhat are the figures contributed in the short period the collaboration has been in effect ? Too risky or another milestone bagged ? Risky.It might take some time but when safaricom starts introducing NFC smartphones,they will still take this market.NFC belongs to telcos. It would certainly get interesting should Safaricom step up their NFC phones sales pitch & link up M-Shwari A/Cs with the Beba service But the Brown Cookie looks almost ready. Early lead. But its the numbers that matter most. Personally I think they made a terrible move.When the time is ready Scom will embarrass them.They have the lead but not the advantage.For one thing NFC is the next battle ground for telcos especially for cashless transactions and I suspect that is why google targeted equity. Although other financial institutions are trying to tap NFC,the convenience offered by smartphones is greater than cards.Its all in one.I am also considering that consumer education can be done easily by telcos than equity or google because when it comes to technology in Kenya they are the influential players. Another aspect you've brought up is M-shwari and M-pesa.NFC might be used to create transactions easier especially for M-pesa and I suspect we will also see a Scom app that might rely on it.But I have to check the security of NFC first.All in all,NFC will be everywhere! If SCOM can have the transactions occur-in-app, then the early lead can be erased and forgotten since: 1. SCOM is well trusted in marketing tech products [phones] by the masses 2. SCOM better placed to effectively & quickly manage the software component of the undertaking 3. Even though EQTY has a wide client-base, these phones need only be deployed to few [ Matatu operators esp & other traders in future ] Presenting a very huge opportunity for SCOM or any other telco willing to fuel this to the next level, mass adoption. Live and learn; and don’t forget, nothing ventured, nothing gained.
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Rank: Elder Joined: 3/19/2013 Posts: 2,552
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Museveni wrote:symbols wrote:Museveni wrote:symbols wrote:Museveni wrote:C&PQuote: Tuesday, April 30, 2013 | 10:36 AM
The bus is a great way to get around, but it can be frustrating if you don’t have enough money for the journey, or the conductor forgets to give you change from your fare.
So Google has teamed up with Equity Bank, the largest bank in East Africa, to launch BebaPay, a payment card that makes it easier and more convenient to pay for bus travel in Kenya. LinkWhat are the figures contributed in the short period the collaboration has been in effect ? Too risky or another milestone bagged ? Risky.It might take some time but when safaricom starts introducing NFC smartphones,they will still take this market.NFC belongs to telcos. It would certainly get interesting should Safaricom step up their NFC phones sales pitch & link up M-Shwari A/Cs with the Beba service But the Brown Cookie looks almost ready. Early lead. But its the numbers that matter most. Personally I think they made a terrible move.When the time is ready Scom will embarrass them.They have the lead but not the advantage.For one thing NFC is the next battle ground for telcos especially for cashless transactions and I suspect that is why google targeted equity. Although other financial institutions are trying to tap NFC,the convenience offered by smartphones is greater than cards.Its all in one.I am also considering that consumer education can be done easily by telcos than equity or google because when it comes to technology in Kenya they are the influential players. Another aspect you've brought up is M-shwari and M-pesa.NFC might be used to create transactions easier especially for M-pesa and I suspect we will also see a Scom app that might rely on it.But I have to check the security of NFC first.All in all,NFC will be everywhere! If SCOM can have the transactions occur-in-app, then the early lead can be erased and forgotten since: 1. SCOM is well trusted in marketing tech products [phones] by the masses 2. SCOM better placed to effectively & quickly manage the software component of the undertaking 3. Even though EQTY has a wide client-base, these phones need only be deployed to few [ Matatu operators esp & other traders in future ] Presenting a very huge opportunity for SCOM or any other telco willing to fuel this to the next level, mass adoption. I agree.I think thats why I'm attracted to Scom as a share,it has great potential especially to convert technology into profit.It would have been great if equity and scom partnered up on this and other projects.IMO these two are well suited but alas with two giants egos will be the issue.
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