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Equity Bank Ltd Q3 2014 results
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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young farmer wrote:My broker told me not to sell member yet, i can see why. the last time I catched the c.e.o's eye,he was still vry optimistic owning more than 12b worth shares "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 1/14/2014 Posts: 178
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mlennyma wrote:mlennyma wrote:NAIROBI Jan 16 (Reuters) - Africa focused investment firm Helios will sell half its stake in Kenyan lender Equity Bank , or 12.22 percent of the bank's shares, to Norway's Norfininvest AS, the lender said on Friday.
The transaction, which requires regulatory approvals, will involve the sale of 452.9 million shares at an undisclosed price.
Equity's shares were trading at 52 Kenyan shillings on Friday, up slightly from the previous day's close of 51 shillings.
Norfininvest is jointly owned by Norfund, the Norwegian Investment Fund for Developing Countries, and Norfinance AS. Norfinance was established in 2013 alongside four private Norwegian partners to invest in banks and financial institutions in Africa.
Helios bought a 24.45 percent stake in Equity in 2007 for more than 11 billion shillings ($120.2 million). exercise caution when dealing with the equity stock @mlennyma fafanua zaidi... You sound almost like one Jimnah Mbaru Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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Goldilocks Reloaded wrote:mlennyma wrote:mlennyma wrote:NAIROBI Jan 16 (Reuters) - Africa focused investment firm Helios will sell half its stake in Kenyan lender Equity Bank , or 12.22 percent of the bank's shares, to Norway's Norfininvest AS, the lender said on Friday.
The transaction, which requires regulatory approvals, will involve the sale of 452.9 million shares at an undisclosed price.
Equity's shares were trading at 52 Kenyan shillings on Friday, up slightly from the previous day's close of 51 shillings.
Norfininvest is jointly owned by Norfund, the Norwegian Investment Fund for Developing Countries, and Norfinance AS. Norfinance was established in 2013 alongside four private Norwegian partners to invest in banks and financial institutions in Africa.
Helios bought a 24.45 percent stake in Equity in 2007 for more than 11 billion shillings ($120.2 million). exercise caution when dealing with the equity stock @mlennyma fafanua zaidi... You sound almost like one Jimnah Mbaru
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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Goldilocks Reloaded wrote:mlennyma wrote:mlennyma wrote:NAIROBI Jan 16 (Reuters) - Africa focused investment firm Helios will sell half its stake in Kenyan lender Equity Bank , or 12.22 percent of the bank's shares, to Norway's Norfininvest AS, the lender said on Friday.
The transaction, which requires regulatory approvals, will involve the sale of 452.9 million shares at an undisclosed price.
Equity's shares were trading at 52 Kenyan shillings on Friday, up slightly from the previous day's close of 51 shillings.
Norfininvest is jointly owned by Norfund, the Norwegian Investment Fund for Developing Countries, and Norfinance AS. Norfinance was established in 2013 alongside four private Norwegian partners to invest in banks and financial institutions in Africa.
Helios bought a 24.45 percent stake in Equity in 2007 for more than 11 billion shillings ($120.2 million). exercise caution when dealing with the equity stock @mlennyma fafanua zaidi... You sound almost like one Jimnah Mbaru don't say he didn't warn you! 
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Rank: Veteran Joined: 11/21/2006 Posts: 1,590
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A shareholder would prefer a Nordic rather than Nigerian owning these shares. It shows that Equity still has significant upside despite the thin simcard fiasco. Sehemu ndio nyumba
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Rank: Member Joined: 1/14/2014 Posts: 178
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whiteowl wrote:Goldilocks Reloaded wrote:mlennyma wrote:mlennyma wrote:NAIROBI Jan 16 (Reuters) - Africa focused investment firm Helios will sell half its stake in Kenyan lender Equity Bank , or 12.22 percent of the bank's shares, to Norway's Norfininvest AS, the lender said on Friday.
The transaction, which requires regulatory approvals, will involve the sale of 452.9 million shares at an undisclosed price.
Equity's shares were trading at 52 Kenyan shillings on Friday, up slightly from the previous day's close of 51 shillings.
Norfininvest is jointly owned by Norfund, the Norwegian Investment Fund for Developing Countries, and Norfinance AS. Norfinance was established in 2013 alongside four private Norwegian partners to invest in banks and financial institutions in Africa.
Helios bought a 24.45 percent stake in Equity in 2007 for more than 11 billion shillings ($120.2 million). exercise caution when dealing with the equity stock @mlennyma fafanua zaidi... You sound almost like one Jimnah Mbaru don't say he didn't warn you! I am warned. Lakini bado najivunia kua Member  Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
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Rank: Member Joined: 1/25/2010 Posts: 344
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Rank: User Joined: 1/20/2014 Posts: 3,528
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Equity move from 45 to now is the best. Slow doesnot bring panic and stress. Pole pole Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Member Joined: 1/14/2014 Posts: 178
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Interest from foreign investors on this counter is returning with a very good impact. Slow but sure. And for the record, I am now officially an Equitel user. Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
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Rank: Member Joined: 1/25/2010 Posts: 344
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Equity Bank Ltd Q3 2014 results
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