wazua Mon, Aug 31, 2026
Welcome Guest Search | Active Topics | Log In

5 Pages«<2345>
Equity Bank Shares time to sell or not?
Options
Previous Topic · Next Topic
edwinmukiri
#31 Posted : Monday, September 08, 2014 8:10:10 AM
Rank: New-farer

Joined: 8/11/2014
Posts: 72
Location: Nairobi
i bougth this share. at 39 bob... is it advicable to buy more at the current price?
Bulls make money,bears make money and pigs get slaughtered.
Back to top
  |
meme
#32 Posted : Monday, September 08, 2014 9:39:30 AM
Rank: Member

Joined: 7/20/2011
Posts: 161
Location: nairobi
edwinmukiri wrote:
i bougth this share. at 39 bob... is it advicable to buy more at the current price?


Its not time to exit this counter. Hang on till 60. exit date is jan 2015
Patience. You cannot have a baby in one month by impregnating nine women....
Back to top
  |
edwinmukiri
#33 Posted : Monday, September 08, 2014 10:20:38 AM
Rank: New-farer

Joined: 8/11/2014
Posts: 72
Location: Nairobi
meme wrote:
edwinmukiri wrote:
i bougth this share. at 39 bob... is it advicable to buy more at the current price?


Its not time to exit this counter. Hang on till 60. exit date is jan 2015

Does that mean its a good idea to buy more of this shares?
Bulls make money,bears make money and pigs get slaughtered.
Back to top
  |
jwatesh
#34 Posted : Monday, September 08, 2014 10:29:53 AM
Rank: Member

Joined: 8/19/2014
Posts: 125
Equity will go into the market for more money, most likely a rights issue, to fund expansion into other countries (DRC,Nigeria, Ghana, Zambia) wait for this. I am buying more stocks. Most of their lending is to SMEs hence higher interest rate charges as compared to government lending. The lend out 80% of the value of deposits so in my view they are doing great. Perfect choice for long term investors
Back to top
  |
obiero
#35 Posted : Wednesday, September 07, 2016 7:39:03 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,458
Location: nairobi
13,298,900 shares sold today.. interesting times
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
Back to top
WWW
  |
VituVingiSana
#36 Posted : Wednesday, September 07, 2016 8:19:53 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,431
Location: Nairobi
jwatesh wrote:
Equity will go into the market for more money, most likely a rights issue, to fund expansion into other countries (DRC,Nigeria, Ghana, Zambia) wait for this. I am buying more stocks. Most of their lending is to SMEs hence higher interest rate charges as compared to government lending. The lend out 80% of the value of deposits so in my view they are doing great. Perfect choice for long term investors

2 years later [the above post was written on 8 Sep 2014] and how the market has changed with the Interest Capping Amendment.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
mikanjoroge
#37 Posted : Thursday, September 08, 2016 7:43:15 AM
Rank: New-farer

Joined: 6/13/2016
Posts: 47
Location: kenya
edwinmukiri wrote:
meme wrote:
edwinmukiri wrote:
i bougth this share. at 39 bob... is it advicable to buy more at the current price?


Its not time to exit this counter. Hang on till 60. exit date is jan 2015

Does that mean its a good idea to buy more of this shares?


Wazua keeps a good record, some people were spectacularly wrong. I am tempted to say now is a good time to buy and exit at 40, but next year these shares could be less than 15 and some mjuaji will be retrieving my post and highlighting my folly. Decisions, decisions, decisions.
Back to top
  |
Felipe
#38 Posted : Thursday, September 08, 2016 8:28:52 AM
Rank: New-farer

Joined: 11/2/2014
Posts: 38
edwinmukiri wrote:
meme wrote:
edwinmukiri wrote:
i bougth this share. at 39 bob... is it advicable to buy more at the current price?


Its not time to exit this counter. Hang on till 60. exit date is jan 2015

Does that mean its a good idea to buy more of this shares?


When fear is greatest it's indeed the time to buy. Do your analysis by finding out how much of the revenue will be eroded due to capping of interest rate and re-value Equity. If the price goes below your new value..confidently buy.
TA = Price Action + Vol + S/R + Trend + Pattern.
Back to top
  |
Ebenyo
#39 Posted : Thursday, September 08, 2016 11:53:17 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,022
Location: Kitale
This counter is a BUY.
Towards the goal of financial freedom
Back to top
  |
watesh
#40 Posted : Thursday, September 08, 2016 12:50:34 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
VituVingiSana wrote:
jwatesh wrote:
Equity will go into the market for more money, most likely a rights issue, to fund expansion into other countries (DRC,Nigeria, Ghana, Zambia) wait for this. I am buying more stocks. Most of their lending is to SMEs hence higher interest rate charges as compared to government lending. The lend out 80% of the value of deposits so in my view they are doing great. Perfect choice for long term investors

2 years later [the above post was written on 8 Sep 2014] and how the market has changed with the Interest Capping Amendment.

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly got over 600k paper loss in my account from just this stock only, but i still can't find anything better in banking sector apart from KCB maybe. The stock market and govt have been brutal to me Laughing out loudly Laughing out loudly ....however on the bright side, my dividend yield based on my average buying price keeps rising which was my main aim at the end.
Back to top
WWW
  |
5 Pages«<2345>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.