Wazua
»
Investor
»
Stocks
»
Equity Bank FY 2014 results profit after tax 29%
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.
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 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."
|
|
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
|
|
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.
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,551 Location: nairobi
|
great set of results..the best bank soo far HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
Rank: Elder Joined: 12/7/2012 Posts: 11,908
|
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
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 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."
|
|
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. !!!
|
|
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. !!!
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 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."
|
|
Rank: Member Joined: 8/30/2010 Posts: 183 Location: Migingo
|
Sisi ni memba damu Don't Work for Money, Let Money Work for You..
|
|
Rank: Elder Joined: 12/7/2012 Posts: 11,908
|
Del. Repeated! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
|
|
Rank: Member Joined: 7/24/2010 Posts: 236 Location: nairobi
|
That divided growth is appealing, the payment time is the best in the market. The only thing holding this thing is the no mention on the thin sim progress or challenges.
|
|
Rank: New-farer Joined: 8/11/2014 Posts: 72 Location: Nairobi
|
Great results... am a proud member Bulls make money,bears make money and pigs get slaughtered.
|
|
Rank: Member Joined: 7/24/2010 Posts: 236 Location: nairobi
|
Note they pay divided on the same agm day for those who use their eft system.
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,460
|
Boris Boyka wrote: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 Eish my brother!!! Mimi ni memba tangu zamani bwana!!! See post #382 here. And post #315 here.Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
Rank: Elder Joined: 7/23/2008 Posts: 3,017
|
MaichBlack wrote:kryptonite wrote:mwekez@ji wrote:muganda wrote:
......
The say they've overtaken KCB
.....
Hapa wametudanganya. PBT ndiyo msema kweli. Wasingeuza HFCK hiyo PAT haingepita KCB Kweli kabisa Were they given those shares free of charge. They made an investment (which was reflected as cash OUT at the time). Now they have reaped from the investment and you have a problem with it? The point here is that the gain on disposal of an associate is a one-off income line and will not be there next year. Same thing other banks have done in the past to make a statement (selling assets etc). Analysts will certainly take note of this when advising large institutional buyers, so retail traders should likewise take note. Still impressive results, and a good strategic move to have their snout ahead of KCB. "The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
|
Obi 1 Kanobi wrote:MaichBlack wrote:kryptonite wrote:mwekez@ji wrote:muganda wrote:
......
The say they've overtaken KCB
.....
Hapa wametudanganya. PBT ndiyo msema kweli. Wasingeuza HFCK hiyo PAT haingepita KCB Kweli kabisa Were they given those shares free of charge. They made an investment (which was reflected as cash OUT at the time). Now they have reaped from the investment and you have a problem with it? The point here is that the gain on disposal of an associate is a one-off income line and will not be there next year. Same thing other banks have done in the past to make a statement (selling assets etc). Analysts will certainly take note of this when advising large institutional buyers, so retail traders should likewise take note. Still impressive results, and a good strategic move to have their snout ahead of KCB. let us say that when we reach next year a time like this,for now lets celebrate "Don't let the fear of losing be greater than the excitement of winning."
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Buy KCB short member as a cross trade. Nothing has changed since I stated member, centum and britam present bull traps (golden handcuffs) last Sept. KCB will test 70 handle before member. Watch these 3 (scom, kcb and eabl). Now you know. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
|
Share remains depressed despite good results, I still hold the view sub 50 is coming "Don't let the fear of losing be greater than the excitement of winning."
|
|
Wazua
»
Investor
»
Stocks
»
Equity Bank FY 2014 results profit after tax 29%
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.
|