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Housing Finance 1H14 EPS up 19.5% to Kes 2.01
murchr
#11 Posted : Wednesday, July 16, 2014 2:59:51 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Ericsson wrote:
@Tall Order;
Money is needed to buy the systems for the mobile phone business like the hardware and software for subscriber database;interconnect links with other providers (safaricom,orange and YU),the platform for the mobile money.
It costs money and alot of freaking money.
Equity also didn't want to do a rights issue.
Equity ain't going to mortgage business they tried it and it never worked


Add that to the legal battles that Equitee will fight.
"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
.
hisah
#12 Posted : Wednesday, July 16, 2014 3:13:27 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Ericsson wrote:
@bird_man,mwekez@ji
When I said Equity bank was selling the HFCK stake to raise money for the mvno or equitel in another related topic I was very much criticised that I don't know what am saying.Now the reality is dawning on the people.
Equity even with the capital gains from the sale of HFCK KCB will still post a higher profit.

Interesting that bold statement.

My query is whether HF is really a diamond at the current value? Is britam a bigger player than equity? Would you sell your diamond unless its not worth it?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
arkard
#13 Posted : Wednesday, July 16, 2014 3:31:03 PM
Rank: New-farer

Joined: 9/24/2012
Posts: 63
murchr wrote:
Ericsson wrote:
@Tall Order;
Money is needed to buy the systems for the mobile phone business like the hardware and software for subscriber database;interconnect links with other providers (safaricom,orange and YU),the platform for the mobile money.
It costs money and alot of freaking money.
Equity also didn't want to do a rights issue.
Equity ain't going to mortgage business they tried it and it never worked


Add that to the legal battles that Equitee will fight.


They are outsourcing most of these systems from airtel and another MVNE, the rest of the servers are already installed.
Above all, guard your heart, for it is the wellspring of life.
Ericsson
#14 Posted : Wednesday, July 16, 2014 3:36:46 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
@arkard;
Subscriber register,switching system and billing platform you can't outsource;these are the core of a mobile phone company.
What equity is outsourcing is the putting of towers all over to net subscribers.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
muganda
#15 Posted : Wednesday, July 16, 2014 3:43:47 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Aguytrying
#16 Posted : Thursday, July 17, 2014 6:27:32 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
looks like the performance excited the market, up 5.1% today. can it go back to 50.00?
The investor's chief problem - and even his worst enemy - is likely to be himself
guru267
#17 Posted : Thursday, July 17, 2014 7:02:51 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
icecube wrote:

Is this a good buy now?


Get serious...

If I say yes you will run and buy??

If I say no you will stay put??

Sheep are not for the stock exchange!
Mark 12:29
Deuteronomy 4:16
kiash
#18 Posted : Thursday, July 17, 2014 7:11:46 PM
Rank: Veteran

Joined: 4/27/2010
Posts: 951
Location: Nyumbani
guru267 wrote:
icecube wrote:

Is this a good buy now?


Get serious...

If I say yes you will run and buy??

If I say no you will stay put??

Sheep are not for the stock exchange!



Woi e Laughing out loudly Laughing out loudly
murchr
#19 Posted : Thursday, July 17, 2014 7:31:26 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
guru267 wrote:
icecube wrote:

Is this a good buy now?


Get serious...

If I say yes you will run and buy??

If I say no you will stay put??

Sheep are not for the stock exchange!


Tough love guru. How are you?

"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
.
Sufficiently Philanga....thropic
#20 Posted : Thursday, July 17, 2014 7:36:15 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
murchr wrote:
Ericsson wrote:
@Tall Order;
Money is needed to buy the systems for the mobile phone business like the hardware and software for subscriber database;interconnect links with other providers (safaricom,orange and YU),the platform for the mobile money.
It costs money and alot of freaking money.
Equity also didn't want to do a rights issue.
Equity ain't going to mortgage business they tried it and it never worked


Add that to the legal battles that Equitee will fight.

For once i agree with @Ericsson on the reason for selling the diamond. They badly need the cash. They should get more if they sell part of their stake to Britam(always a willing buyer,like NSSF those days of Moi).smile
@SufficientlyP
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