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Equity Bank Q1 2014 results
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ngapat
#21 Posted : Tuesday, April 22, 2014 9:25:50 AM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
mwekez@ji wrote:
Equity targets retail business with 300,000 smartphones http://www.businessdailyafrica....4/-/11pw57x/-/index.html


Equity trying to counter safaricom dominance in mobile cash transactions and transfer.
Very soon it will be cheaper to send money via equity platform than by mpesa. Watch.....
“Invest in yourself. Your career is the engine of your wealth.”
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mlennyma
#22 Posted : Tuesday, April 22, 2014 10:39:36 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Now that equity has its own teleco,the game changes and safcom needs equity more than equity would need safcom.
"Don't let the fear of losing be greater than the excitement of winning."
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MaichBlack
#23 Posted : Tuesday, April 22, 2014 10:40:15 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,859
INTERESTING! wrote:
@MaichBlack Pole. I have apologized. @mlennyma it is "PEAK" not "PICK" ha ha ha ha

mlennyma wrote:
pwahahaha...iam no british

@mlennyma - Although we cannot PICK where we are born, we can PEAK where we are born! You are with me?? Get the drift?? He he he. On a lighter note.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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hisah
#24 Posted : Tuesday, April 22, 2014 11:27:31 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
ngapat wrote:
mwekez@ji wrote:
Equity targets retail business with 300,000 smartphones http://www.businessdailyafrica....4/-/11pw57x/-/index.html


Equity trying to counter safaricom dominance in mobile cash transactions and transfer.
Very soon it will be cheaper to send money via equity platform than by mpesa. Watch.....

Mobi money is a new global trend. In KE it is still an infant at the econ level. There is a lot of headroom for growth for whoever comes in. Maybe in 2 decades can the market plateau or peak some.

The expected price slash will be a welcome boost as more players come in. This will improve money velocity which has been affected by that stupid excise duty. If locals can send KES 100 at 1% fee, we have KES 100 circulating many more times in the econ than at present. This is the best thing that can happen to the econ as the money velocity spikes. CBK should be working out ways on how to leverage the mobi money phenomenon.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Sufficiently Philanga....thropic
#25 Posted : Tuesday, April 22, 2014 11:39:14 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Time we started an Equity vs Safaricom thread. The Equity vs KCB one has been overtaken by eventssmile
@SufficientlyP
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  | | Edit by user: Tuesday, April 22, 2014 11:40 AM | Reason: Not specified
Richie rich
#26 Posted : Tuesday, April 22, 2014 11:47:57 AM
Rank: New-farer

Joined: 9/29/2012
Posts: 79
mlennyma wrote:
Now that equity has its own teleco,the game changes and safcom needs equity more than equity would need safcom.

It will be great for the consumer, watching the events which will unfold
The God of the day is still God in the night.
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mlennyma
#27 Posted : Tuesday, April 22, 2014 11:57:48 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
And the share price is responding to innovation news,my feeling is that should kcb report slower growth than equity,the share prices will meet at some point.
"Don't let the fear of losing be greater than the excitement of winning."
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Richie rich
#28 Posted : Tuesday, April 22, 2014 1:47:06 PM
Rank: New-farer

Joined: 9/29/2012
Posts: 79
mlennyma wrote:
And the share price is responding to innovation news,my feeling is that should kcb report slower growth than equity,the share prices will meet at some point.

My feeling too @Mlennyma
The God of the day is still God in the night.
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  | | Edit by moderator: Tuesday, April 22, 2014 9:22 PM | Reason: quote tag
INTERESTING!
#29 Posted : Tuesday, April 22, 2014 8:30:06 PM
Rank: New-farer

Joined: 4/12/2014
Posts: 56
mlennyma wrote:
Somebody was advised here not to touch equity at around 31.75..sometimes digest before striking.






I got into Equity. I do not care what anybody thinks now. In any case, investing in the stock market is in some sense probabilistic. I cannot miss this party anymore!!!Nikichomeka nichomeke!!!
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georgegop
#30 Posted : Wednesday, April 23, 2014 12:27:16 PM
Rank: Member

Joined: 8/30/2010
Posts: 183
Location: Migingo
Karibu Memba!
Don't Work for Money, Let Money Work for You..
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