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Equity Bank FY 2014 results profit after tax 29%

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jwatesh		#21 Posted : Tuesday, March 10, 2015 10:45:07 AM
Rank: Member Joined: 8/19/2014 Posts: 125		mlennyma wrote: jwatesh wrote: Just bought a huge bulk of equity stock at 52 at market open, I dont think we will be seeing that price ever again equity will still trade at 47 range bwana When was the last time you saw 47? To Be exact August 2014 and then it was the highest price registered at that moment. We havnt seen that again.
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mlennyma		#22 Posted : Tuesday, March 10, 2015 10:53:26 AM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		jwatesh wrote: mlennyma wrote: jwatesh wrote: Just bought a huge bulk of equity stock at 52 at market open, I dont think we will be seeing that price ever again equity will still trade at 47 range bwana When was the last time you saw 47? To Be exact August 2014 and then it was the highest price registered at that moment. We havnt seen that again. I can't be emotional to buy equity above 50 for now,let me keep what I have "Don't let the fear of losing be greater than the excitement of winning."
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jwatesh		#23 Posted : Tuesday, March 10, 2015 10:53:38 AM
Rank: Member Joined: 8/19/2014 Posts: 125		I love the way he explained equity Afia, he is taking graduated who went through wings to fly, gives them loans to start private hospitals in their county, gets management in place and you have a business created. Am pretty sure the accounts of these hospitals will be equity bank hence you get more deposits and they will get lending for drug procurement financing from Equity. Basically just using the top brains from Equity's wing to fly and makes the business people who are financed from Equity
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jwatesh		#24 Posted : Tuesday, March 10, 2015 10:59:49 AM
Rank: Member Joined: 8/19/2014 Posts: 125		mwekez@ji wrote: muganda wrote: ...... The say they've overtaken KCB ..... Hapa wametudanganya. PBT ndiyo msema kweli. Wasingeuza HFCK hiyo PAT haingepita KCB This was offset by a one off cost of around 800million to set up a data center to manage both Finserve and Equity bank subsidiaries...Difference in tax was due to the subsidiaries outside Kenya had a tax asset which offset the tax needed to be paid. They had been making losses so it was carried forward to offset future profits.
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obiero		#25 Posted : Tuesday, March 10, 2015 11:01:48 AM
Rank: Elder Joined: 6/23/2009 Posts: 14,238 Location: nairobi		great set of results..the best bank soo far
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Angelica _ann		#26 Posted : Tuesday, March 10, 2015 11:46:20 AM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		This market is depressed. No excitement even with good set of results. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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mlennyma		#27 Posted : Tuesday, March 10, 2015 12:02:01 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		Angelica _ann wrote: This market is depressed. No excitement even with good set of results. what did you expect my dear!!equity is up 1.50 bob let digestion take place we will see nearing books close next week "Don't let the fear of losing be greater than the excitement of winning."
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Boris Boyka		#28 Posted : Tuesday, March 10, 2015 12:09:41 PM
Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here		Angelica _ann wrote: This market is depressed. No excitement even with good set of results. Am also wondering as you said market no longer excited on good news. Maybe market is at equillibrium. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Boris Boyka		#29 Posted : Tuesday, March 10, 2015 12:14:06 PM
Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here		MaichBlack wrote: Angelica _ann , arkard , Boris Boyka , deadpoet , georgegop , gmg , Guest (56), Kalameni , kryptonite , MaichBlack , maka , Pesa Nane @maichblack...you have set camp here na wewe si memba Boris Boyka , cyruskulei , dpmungai , gmg, growing , Guest (24), MaichBlack , ruwesh Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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mlennyma		#30 Posted : Tuesday, March 10, 2015 12:19:48 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		Boris Boyka wrote: Angelica _ann wrote: This market is depressed. No excitement even with good set of results. Am also wondering as you said market no longer excited on good news. Maybe market is at equillibrium. the results came when the share was slipping and had not found a bottom so I expect that bottom to come after books close "Don't let the fear of losing be greater than the excitement of winning."
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