Wazua
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Equity Bank Q1 2015 earnings up 11%
Rank: Veteran Joined: 11/2/2006 Posts: 1,206 Location: Nairobi
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Time to buy in big time? Formally employed people often live their employers' dream & forget about their own.
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Rank: Member Joined: 6/26/2008 Posts: 384
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moneydust wrote:What is not happening with Equity shares today?
It has touched a low of 37.
Is there a shocker in the offing??
KCB pia touched lows of 48  Greedy when...
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Rank: Member Joined: 7/24/2010 Posts: 236 Location: nairobi
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Rank: Veteran Joined: 8/10/2014 Posts: 977 Location: Kenya
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My stock value has dropped by hundreds of thousands....will still buy more once it touches 36
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Rank: Elder Joined: 6/23/2009 Posts: 13,568 Location: nairobi
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watesh wrote:My stock value has dropped by hundreds of thousands....will still buy more once it touches 36 Worry not.. It will turn
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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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 obiero wrote:watesh wrote:My stock value has dropped by hundreds of thousands....will still buy more once it touches 36 Worry not.. It will turn @watesh, worry not. It is only 30% paper loss that you will recoup in about 2 years. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Veteran Joined: 8/10/2014 Posts: 977 Location: Kenya
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Gatheuzi 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 obiero wrote:watesh wrote:My stock value has dropped by hundreds of thousands....will still buy more once it touches 36 Worry not.. It will turn @watesh, worry not. It is only 30% paper loss that you will recoup in about 2 years. Am a big fan of top banks in the country, as long Equity focuses on growing customer numbers I will buy no matter the price.
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Rank: Chief Joined: 1/3/2007 Posts: 18,134 Location: Nairobi
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watesh wrote:Gatheuzi 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 obiero wrote:watesh wrote:My stock value has dropped by hundreds of thousands....will still buy more once it touches 36 Worry not.. It will turn @watesh, worry not. It is only 30% paper loss that you will recoup in about 2 years. Am a big fan of top banks in the country, as long Equity focuses on growing customer numbers I will buy no matter the price. And reducing costs. When they (soft) launched Equitel, they wanted to reduce CIR to 36% using the mobile platform to replace transactions at branches, agents and ATMs. The mobile platform cost to Equity was only 7/- per transaction. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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VituVingiSana wrote:watesh wrote:Gatheuzi 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 obiero wrote:watesh wrote:My stock value has dropped by hundreds of thousands....will still buy more once it touches 36 Worry not.. It will turn @watesh, worry not. It is only 30% paper loss that you will recoup in about 2 years. Am a big fan of top banks in the country, as long Equity focuses on growing customer numbers I will buy no matter the price. And reducing costs. When they (soft) launched Equitel, they wanted to reduce CIR to 36% using the mobile platform to replace transactions at branches, agents and ATMs. The mobile platform cost to Equity was only 7/- per transaction. @vvs what's your target price for equity bank since the shares are dropping ama you aren't buying anymore
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Rank: Chief Joined: 1/3/2007 Posts: 18,134 Location: Nairobi
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enyands wrote:VituVingiSana wrote:watesh wrote:Gatheuzi 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 obiero wrote:watesh wrote:My stock value has dropped by hundreds of thousands....will still buy more once it touches 36 Worry not.. It will turn @watesh, worry not. It is only 30% paper loss that you will recoup in about 2 years. Am a big fan of top banks in the country, as long Equity focuses on growing customer numbers I will buy no matter the price. And reducing costs. When they (soft) launched Equitel, they wanted to reduce CIR to 36% using the mobile platform to replace transactions at branches, agents and ATMs. The mobile platform cost to Equity was only 7/- per transaction. @vvs what's your target price for equity bank since the shares are dropping ama you aren't buying anymore I am conserving cash. I believe prices for most counters will fall as GoK tries to mop up cash by paying more for T-Bills. I saw that happen when CBK raised interbank rates to 30% when the KES was plummeted to 10. That said, at 30/- ... I am going in for more! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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http://www.nation.co.ke/...8/-/6fe3n8/-/index.html
will this put brakes on Equity's advantage that it was going to have over other banks?
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Rank: Veteran Joined: 11/2/2006 Posts: 1,206 Location: Nairobi
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heri wrote:http://www.nation.co.ke/business/Banks-take-on-M-Pesa-in-fight-for-money-transfer-billions/-/996/2836358/-/6fe3n8/-/index.html
will this put brakes on Equity's advantage that it was going to have over other banks? Will be interesting to watch. The switch is a KBA initiative and all member banks must be involved/participate. Catch-22 for Equity. Formally employed people often live their employers' dream & forget about their own.
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Rank: Member Joined: 12/11/2006 Posts: 884
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VituVingiSana wrote:enyands wrote:VituVingiSana wrote:watesh wrote:Gatheuzi 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 obiero wrote:watesh wrote:My stock value has dropped by hundreds of thousands....will still buy more once it touches 36 Worry not.. It will turn @watesh, worry not. It is only 30% paper loss that you will recoup in about 2 years. Am a big fan of top banks in the country, as long Equity focuses on growing customer numbers I will buy no matter the price. And reducing costs. When they (soft) launched Equitel, they wanted to reduce CIR to 36% using the mobile platform to replace transactions at branches, agents and ATMs. The mobile platform cost to Equity was only 7/- per transaction. @vvs what's your target price for equity bank since the shares are dropping ama you aren't buying anymore I am conserving cash. I believe prices for most counters will fall as GoK tries to mop up cash by paying more for T-Bills. I saw that happen when CBK raised interbank rates to 30% when the KES was plummeted to 10. That said, at 30/- ... I am going in for more! I just made a bid of 40/- to add to another position i entered at 48/- sometimes back.... you are scaring me with a possibility of prices hitting 30/- “Invest in yourself. Your career is the engine of your wealth.”
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Rank: Chief Joined: 1/3/2007 Posts: 18,134 Location: Nairobi
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ngapat wrote:VituVingiSana wrote:enyands wrote:VituVingiSana wrote:watesh wrote:Gatheuzi 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 obiero wrote:watesh wrote:My stock value has dropped by hundreds of thousands....will still buy more once it touches 36 Worry not.. It will turn @watesh, worry not. It is only 30% paper loss that you will recoup in about 2 years. Am a big fan of top banks in the country, as long Equity focuses on growing customer numbers I will buy no matter the price. And reducing costs. When they (soft) launched Equitel, they wanted to reduce CIR to 36% using the mobile platform to replace transactions at branches, agents and ATMs. The mobile platform cost to Equity was only 7/- per transaction. @vvs what's your target price for equity bank since the shares are dropping ama you aren't buying anymore I am conserving cash. I believe prices for most counters will fall as GoK tries to mop up cash by paying more for T-Bills. I saw that happen when CBK raised interbank rates to 30% when the KES was plummeted to 10. That said, at 30/- ... I am going in for more! I just made a bid of 40/- to add to another position i entered at 48/- sometimes back.... you are scaring me with a possibility of prices hitting 30/- I was unable to get any at that price. The bids were at 36 but then it climbed. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Wazua
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Equity Bank Q1 2015 earnings up 11%
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