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Equity Bank Ltd Q3 2014 results
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ProverB
#1 Posted : Thursday, October 30, 2014 2:47:58 PM
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Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
Equity Bank Ltd 3rd Quarter Results

Investor briefing at 3p.m
Watching out for impact of #HFCK divestiture as well as costs of mvno roll out, finance costs (now that #CFCStanbic successfully pulled in 14billion at 3.1% ) and non performing loans figure.
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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Gordon Gekko
#2 Posted : Thursday, October 30, 2014 2:55:31 PM
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Joined: 5/27/2008
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ProverB wrote:
Investor briefing at 3p.m
Watching out for impact of #HFCK divestiture as well as mvno roll out strategy impact thus far.

@jammo umepotea, so it takes memba to smoke you out....
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ProverB
#3 Posted : Thursday, October 30, 2014 3:10:03 PM
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Gordon Gekko wrote:
ProverB wrote:
Investor briefing at 3p.m
Watching out for impact of #HFCK divestiture as well as mvno roll out strategy impact thus far.

@jammo umepotea, so it takes memba to smoke you out....

smile smile ;-)
#EquityBank #Cfcstanbic #Centum #Kakuzi #CrownPaints #KCB #AthiRiverMining
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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maka
#4 Posted : Thursday, October 30, 2014 3:41:33 PM
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Any news?
possunt quia posse videntur
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The optimist
#5 Posted : Thursday, October 30, 2014 4:45:01 PM
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Q3 PAT up by 26% from 8.9b to 11.2b
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muganda
#6 Posted : Thursday, October 30, 2014 4:52:40 PM
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The optimist wrote:
Q3 PAT up by 26% from 8.9b to 11.2b


Agreed @optimist, this guy works for NTVKenya
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shocks
#7 Posted : Thursday, October 30, 2014 4:59:41 PM
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muganda wrote:
The optimist wrote:
Q3 PAT up by 26% from 8.9b to 11.2b


Agreed @optimist, this guy works for NTVKenya


why would they send him to cover the briefing, he has no understanding of the subject
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streetwise
#8 Posted : Thursday, October 30, 2014 5:02:29 PM
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James Mwangi is a great guy indeed. Congrats
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jerry
#9 Posted : Thursday, October 30, 2014 5:32:25 PM
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muganda wrote:
The optimist wrote:
Q3 PAT up by 26% from 8.9b to 11.2b


Agreed @optimist, this guy works for NTVKenya

October??? I thought it's September.
The opposite of courage is not cowardice, it's conformity.
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mlennyma
#10 Posted : Thursday, October 30, 2014 5:43:47 PM
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Let's wait now for the special dividend end year.
"Don't let the fear of losing be greater than the excitement of winning."
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jwatesh
#11 Posted : Thursday, October 30, 2014 5:49:06 PM
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Joined: 8/19/2014
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Equitel marketing budget was Ksh2 billion, Dr James Mwangi says they havn't touched it since Safaricom marketed for them free of charge... So far 200,000 Equitel customers with 6700 new ones per day....thin sim coming by Christmas
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mv_ufanisi
#12 Posted : Thursday, October 30, 2014 6:27:01 PM
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jwatesh wrote:
Equitel marketing budget was Ksh2 billion, Dr James Mwangi says they havn't touched it since Safaricom marketed for them free of charge... So far 200,000 Equitel customers with 6700 new ones per day....thin sim coming by Christmas


SCOM is up against the best of them. This is definitely no clueless Yu and Airtel CEOs. Back to drawing board.
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Mangs
#13 Posted : Thursday, October 30, 2014 7:30:50 PM
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Joined: 9/12/2014
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Safaricom certainly still have their dirty tricks up the sleeve; they may have sent "new customers" to buy the EQT thin sims and make it look like the customer base is amazing only for these "new customers" to disappear after the roll-out. Airtel & Yu both learnt this the hard way. Getting a pie from the incumbent is always a tall order but let's grab our popcorn jars, sit on the couch and enjoy the fight.
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edwinmukiri
#14 Posted : Thursday, October 30, 2014 7:48:58 PM
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I have an insider who told me that the moment you put the slim-sim on your SCOM line the m-pesa menu disappears. How many Kenyans will want to do that?
Bulls make money,bears make money and pigs get slaughtered.
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jwatesh
#15 Posted : Thursday, October 30, 2014 8:19:33 PM
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edwinmukiri wrote:
I have an insider who told me that the moment you put the slim-sim on your SCOM line the m-pesa menu disappears. How many Kenyans will want to do that?

I still wonder how it works coz they say only one simcard is active at a single moment
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georgegop
#16 Posted : Thursday, October 30, 2014 9:51:21 PM
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Equity Bank nine-month pretax profit jumps 25 pct
Don't Work for Money, Let Money Work for You..
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Wakanyugi
#17 Posted : Friday, October 31, 2014 2:17:15 AM
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jwatesh wrote:
Equitel marketing budget was Ksh2 billion, Dr James Mwangi says they havn't touched it since Safaricom marketed for them free of charge... So far 200,000 Equitel customers with 6700 new ones per day....thin sim coming by Christmas


Ouch!

That's got to hurt on Waiyaki way.
"The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth." (Niels Bohr)
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mlennyma
#18 Posted : Friday, October 31, 2014 6:52:30 AM
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Core business is doing well lets wait and see whether the additional revenue stream is a blessing or curse.by mid next year we will have a clear direction.
"Don't let the fear of losing be greater than the excitement of winning."
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maka
#19 Posted : Friday, October 31, 2014 7:10:18 AM
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Wakanyugi wrote:
jwatesh wrote:
Equitel marketing budget was Ksh2 billion, Dr James Mwangi says they havn't touched it since Safaricom marketed for them free of charge... So far 200,000 Equitel customers with 6700 new ones per day....thin sim coming by Christmas


Ouch!

That's got to hurt on Waiyaki way.


It hurt this way...
http://www.businessdaily...0/-/ybnirvz/-/index.html
possunt quia posse videntur
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lochaz-index
#20 Posted : Friday, October 31, 2014 7:49:04 AM
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Mangs wrote:
Safaricom certainly still have their dirty tricks up the sleeve; they may have sent "new customers" to buy the EQT thin sims and make it look like the customer base is amazing only for these "new customers" to disappear after the roll-out. Airtel & Yu both learnt this the hard way. Getting a pie from the incumbent is always a tall order but let's grab our popcorn jars, sit on the couch and enjoy the fight.



Imho I don't think that would be smart play from the guys at safcom. It might bite them hard especially if equity's service is without any hitches. Free marketing it could be called.
The main purpose of the stock market is to make fools of as many people as possible.
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