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EQUITY vs KCB
mlennyma
#121 Posted : Tuesday, March 11, 2014 1:48:38 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
True,equity has seen alot of supply anytime the price tends to move up,it might see sub 30 after books close
"Don't let the fear of losing be greater than the excitement of winning."
Goldilocks Reloaded
#122 Posted : Thursday, March 13, 2014 8:34:40 AM
Rank: Member

Joined: 1/14/2014
Posts: 178
KCB joins rush for Islamic banking with July launch. Story here.
Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
georgegop
#123 Posted : Thursday, March 13, 2014 12:33:07 PM
Rank: Member

Joined: 8/30/2010
Posts: 183
Location: Migingo
But whether that will excite the counter or not is a matter of time..
Don't Work for Money, Let Money Work for You..
PKoli
#124 Posted : Thursday, March 13, 2014 12:38:11 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
georgegop wrote:
But whether that will excite the counter or not is a matter of time..


It is just one of the many products, which a few other banks are offering so KCB is not exceptional.
kaimbaga2014
#125 Posted : Thursday, March 20, 2014 9:30:17 AM
Rank: Hello

Joined: 2/17/2014
Posts: 7
Coop pulls ahead of Barclays in Profit Rankings
http://www.businessdaily...52/-/qne942/-/index.html
Ericsson
#126 Posted : Thursday, March 20, 2014 10:00:08 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
@Kaimbaga2014;
That is poor reporting.
FY2013 was the last year of the concessionary 20% corporate tax enjoyed and that is why its tax was lower compared to other banks.
That made it's profit after tax be higher than that of barclays bank.
From FY2014 the benefits will be wiped off and it will now be at par with the other banks in terms of corporate tax.
The other banks i.e KCB,Equity Bank,Barclays Bank and Stanchart all pay corporate tax at the normal rate of 30%.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
georgegop
#127 Posted : Thursday, March 20, 2014 10:06:21 AM
Rank: Member

Joined: 8/30/2010
Posts: 183
Location: Migingo
I thought this feed was only meant for Equity vs KCB..
Don't Work for Money, Let Money Work for You..
kaimbaga2014
#128 Posted : Thursday, March 20, 2014 10:43:41 AM
Rank: Hello

Joined: 2/17/2014
Posts: 7
Thanks Ericsson. I didn't know that. Am now wiser
Ericsson
#129 Posted : Thursday, March 20, 2014 11:08:34 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
The gap between KCB and equity is widening;that's why equity price is stagnant.Jamo needs to come up with some magic on how he intends to boost equity bank's profits going forward to narrow the gap
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Sufficiently Philanga....thropic
#130 Posted : Thursday, March 20, 2014 11:38:28 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Ericsson wrote:
The gap between KCB and equity is widening;that's why equity price is stagnant.Jamo needs to come up with some magic on how he intends to boost equity bank's profits going forward to narrow the gap

Equity Bank belongs to where we are going while KCB belongs to where we have been.
@SufficientlyP
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