[quote=moneydust]What is not happening with Equity shares today?
It has touched a low of 37.
Is there a shocker in the offing??
[/quote]

KCB pia touched lows of 48 :-) Greedy when...

My stock value has dropped by hundreds of thousands....will still buy more once it touches 36

[quote=jwatesh]Just bought a huge bulk of equity stock at 52 at market open, I dont think we will be seeing that price ever again[/quote]

[quote=obiero][quote=watesh]My stock value has dropped by hundreds of thousands....will still buy more once it touches 36[/quote]
Worry not.. It will turn[/quote]


@watesh, worry not. It is only 30% paper loss that you will recoup in about 2 years.

[quote=watesh][quote=Gatheuzi]
[quote=jwatesh]Just bought a huge bulk of equity stock at 52 at market open, I dont think we will be seeing that price ever again[/quote]

[quote=obiero][quote=watesh]My stock value has dropped by hundreds of thousands....will still buy more once it touches 36[/quote]
Worry not.. It will turn[/quote]


@watesh, worry not. It is only 30% paper loss that you will recoup in about 2 years.
[/quote]
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. [/quote] 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.

[quote=enyands][quote=VituVingiSana][quote=watesh][quote=Gatheuzi]
[quote=jwatesh]Just bought a huge bulk of equity stock at 52 at market open, I dont think we will be seeing that price ever again[/quote]

[quote=obiero][quote=watesh]My stock value has dropped by hundreds of thousands....will still buy more once it touches 36[/quote]
Worry not.. It will turn[/quote]


@watesh, worry not. It is only 30% paper loss that you will recoup in about 2 years.
[/quote]
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. [/quote] 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.
[/quote]


@vvs what's your target price for equity bank since the shares are dropping ama you aren't buying anymore [/quote]
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!