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Equity Afia- Another first from Equity
mlennyma
#21 Posted : Monday, March 02, 2015 9:31:36 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
The health sector in Kenya is no where near exploitation, he will make money given that he can afford modern equipment
"Don't let the fear of losing be greater than the excitement of winning."
kiterunner
#22 Posted : Monday, March 02, 2015 9:34:22 AM
Rank: Member

Joined: 7/9/2011
Posts: 730
Location: Nairobi
sparkly wrote:
The Directors are letting their hobbies and personal interests cloud their minds.

This is something that can be done under Britam.



clinic=hobby d'oh! d'oh! d'oh! d'oh!
our goals are best achieved indirectly
holycow
#23 Posted : Monday, March 02, 2015 9:38:12 AM
Rank: Veteran

Joined: 11/11/2006
Posts: 972
Location: Home
sparkly wrote:
target1360 wrote:
the captain has begun loosing focus.reminds me of msc and dairy,,ethanol and electricity generation.
he should stick to his area of competence if you ask me.has equitel even been launched?


I also don't see how Equity will compete with the Big Banking Boys of Africa if they start building clinics all over Kenya.

I wish Wazua had a like button. Well, were the "other"shareholders informed of this decision?
Like someone posted, Bebapay, Equitel and that loan product in which it partnered with Safaricom were all DOA.
mwekez@ji
#24 Posted : Monday, March 02, 2015 9:43:29 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Come on chaps, this is a brilliant CSR project that everyone should be welcoming. Just like the Mpesa Academy
MaichBlack
#25 Posted : Monday, March 02, 2015 10:08:47 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,837
Kenyans restrict their imagination too much. Suggesting Equity stick to Banking only is too 1920's!!! You have been given an example of Samsung. Now I will give you another one. Google!!!

Google started as a search engine. They moved to full blown software development. Now they have gone into areas most people cannot even imagine. See links below:

Link 1: Google Launching A Company To Cure <<you will never guess>>

Link 2: Google X

Another classical example is General Electric. They are in:

Electrical distribution
Electric motors
Energy
Finance
Gas
Healthcare
Lighting
Locomotives
Oil
Software
Water
Weapons
Wind turbines

Link: General Electric

Equity is just getting started! I told you this on February last year.
See post#21 in this thread.

In ten, twenty years (God willing) we will be having a totally different discussion. Some of us in yachts and some of us in boats at Uhuru Park. Choices will have consequences.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
MaichBlack
#26 Posted : Monday, March 02, 2015 10:11:02 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,837
Kenyans restrict their imagination too much. Suggesting Equity stick to Banking only is too 1920's!!! You have been given an example of Samsung. Now I will give you another one. Google!!!

Google started as a search engine. They moved to full blown software development. Now they have gone into areas most people cannot even imagine. See links below:

Link 1: Google Launching A Company To Cure <<you will never guess>>

Link 2: Google X

Another classical example is General Electric. They are in:

Electrical distribution
Electric motors
Energy
Finance
Gas
Healthcare
Lighting
Locomotives
Oil
Software
Water
Weapons
Wind turbines

Link: General Electric

Equity is just getting started! I told you this on February last year.
See post#21 in this thread.

In ten, twenty years (God willing) we will be having a totally different discussion. Some of us in yachts and some of us in boats at Uhuru Park. Choices will have consequences.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Goldilocks Reloaded
#27 Posted : Monday, March 02, 2015 11:27:04 AM
Rank: Member

Joined: 1/14/2014
Posts: 178
MaichBlack wrote:
Kenyans restrict their imagination too much. Suggesting Equity stick to Banking only is too 1920's!!! You have been given an example of Samsung. Now I will give you another one. Google!!!

Google started as a search engine. They moved to full blown software development. Now they have gone into areas most people cannot even imagine. See links below:

Link 1: Google Launching A Company To Cure <<you will never guess>>

Link 2: Google X

Another classical example is General Electric. They are in:

Electrical distribution
Electric motors
Energy
Finance
Gas
Healthcare
Lighting
Locomotives
Oil
Software
Water
Weapons
Wind turbines

Link: General Electric

Equity is just getting started! I told you this on February last year.
See post#21 in this thread.

In ten, twenty years (God willing) we will be having a totally different discussion. Some of us in yachts and some of us in boats at Uhuru Park. Choices will have consequences.


Laughing out loudly Laughing out loudly Laughing out loudly
Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
Goldilocks Reloaded
#28 Posted : Monday, March 02, 2015 11:34:19 AM
Rank: Member

Joined: 1/14/2014
Posts: 178
Philips had light bulbs as their core business for so long. They are now the largest manufacturers of medical and diagnostic equipment.

Hitachi started in consumer electronics and now they are in over 20 disciplines including Financial services such as insurance etc. They are also the ones that built the Bullet Train in Japan and are upgrading the entire railway network in England.

For most of these companies, and for Equity, the largest drive is to trend on areas that present the largest opportunity and more so to keep your funds together. There is no point for someone taking money from Equity to go pay for healthcare. If Equity can ensure that the money you take for healthcare is spent in an Equity health facility, Equity wins both sides. Health and Education are some of the primary cost areas for the common mwananchi and that is the league that Equity needs to play in. That is why in my unsolicited opinion, i would 100% support EGF to start also Equity Academies so that we give school fees money to parents to spend in Equity Academies.

Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
Lolest!
#29 Posted : Monday, March 02, 2015 11:51:28 AM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Fomoney wrote:
Lolest! wrote:
The clinics are run by the Equity Foundation.

CSR?


For a profit.

Only CSR to places like children's homes is real CSR

The rest is marketing-increasing brand visibility. Much like politicians whose contributions to fundraisers is for making them more visible
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
S.Mutaga III
#30 Posted : Monday, March 02, 2015 12:05:56 PM
Rank: Member

Joined: 3/26/2012
Posts: 830
I think JM has ran out of ideas. If one lacks ideas, the best thing to do is use the old idea in another location that has similar characteristics as Kenya prior to equity. He should aim at colonizing another country and be a top tier bank in that country...perhaps in Africa or Asia
A successful man is not he who gets the best, it is he who makes the best from what he gets.
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