wazua Wed, Mar 18, 2026
Welcome Guest Search | Active Topics | Log In

8 Pages<1234>»
Equity Group FY 2015 profit before tax up 7%
Options
Previous Topic · Next Topic
The optimist
#16 Posted : Tuesday, March 08, 2016 11:17:36 AM
Rank: Member

Joined: 6/14/2010
Posts: 521
Location: Nairobi
Poor performance compared to peers like KCB
Back to top
  |
mlennyma
#17 Posted : Tuesday, March 08, 2016 11:23:08 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Realtreaty wrote:
smile That was good. I just wonder why the share price is going down? Or ws there a fake romour earlier or is it Sell Press button for speculators who had made oders to sell at more than 45 rise?

safcom is also down may be they will recover when foreigners wakeup in the afternoon
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
  |
jerry
#18 Posted : Tuesday, March 08, 2016 11:26:08 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
The optimist wrote:
Poor performance compared to peers like KCB

Good financial reporting unlike Imperial Bank!!! What was DPS for 2014 financial year?
The opposite of courage is not cowardice, it's conformity.
Back to top
  | | Edit by user: Tuesday, March 08, 2016 11:29 AM | Reason: Not specified
madebe
#19 Posted : Tuesday, March 08, 2016 11:38:45 AM
Rank: Member

Joined: 10/7/2010
Posts: 251
Location: nairobi
where can i get the presentation?
Back to top
  |
Sir invest
#20 Posted : Tuesday, March 08, 2016 11:51:55 AM
Rank: Member

Joined: 8/19/2015
Posts: 125
Equity guaranteed Dividend unlike in KCB.
Back to top
  |
Impunity
#21 Posted : Tuesday, March 08, 2016 11:54:11 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
HAS THE PHEN-OMENA-L GROWTH OF BANKS REACHED THE FINAL PLATEAU?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
Back to top
  |
Ericsson
#22 Posted : Tuesday, March 08, 2016 11:57:48 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Banks and financial institutions follow economic growth.
Growth is not that vibrant;high interest rates,companies issuing profit warnings thereby dimming prospects of salary hikes to employees,high inflation etc are some of the reasons causing sluggish growth in banks profitability
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
MaichBlack
#23 Posted : Tuesday, March 08, 2016 12:09:12 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,833
Impunity wrote:
HAS THE PHEN-OMENA-L GROWTH OF BANKS REACHED THE FINAL PLATEAU?

Have you seen how many listed companies have issued profit warnings???

Banks are doing very well under the circumstances!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Back to top
  |
Robinhood
#24 Posted : Tuesday, March 08, 2016 12:11:15 PM
Rank: Elder

Joined: 12/11/2008
Posts: 2,306
mlennyma wrote:
mulla wrote:
Fetero wrote:
James Mwangi is 1st pouring praises to the ONLY BEST asset owned by equity that never gets an entry in balance sheet. #His Employees!!!

Most of his employees don't share the same sentiments...at least the ones I have interacted with.
Still KCB rules with PBT up 12%

unfortunately the praises don't translate to money in their pockets which is any employees happiness


Perhaps the huge praises are to cover for something? I also have the same sentiment from talking to guys who work for meba. They just dont feel these praises very much.
Great men are not always wise, neither do the aged understand judgement...
Back to top
  |
Realtreaty
#25 Posted : Tuesday, March 08, 2016 12:19:31 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,385
madebe wrote:
where can i get the presentation?

Wewe Madebe nawewe, si uende Equitybank kenya site and read?
Back to top
  |
MaichBlack
#26 Posted : Tuesday, March 08, 2016 12:36:08 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,833
Robinhood wrote:
mlennyma wrote:
mulla wrote:
Fetero wrote:
James Mwangi is 1st pouring praises to the ONLY BEST asset owned by equity that never gets an entry in balance sheet. #His Employees!!!

Most of his employees don't share the same sentiments...at least the ones I have interacted with.
Still KCB rules with PBT up 12%

unfortunately the praises don't translate to money in their pockets which is any employees happiness


Perhaps the huge praises are to cover for something? I also have the same sentiment from talking to guys who work for meba. They just dont feel these praises very much.

Equity Bank employees have to work. No Facebook and such at work. Your output is measured and tracked just as it is done in the US and some European countries.

Funny enough, National Bank employees have to work just as hard and keep long hours at times leaving the office at 9:00 pm - with some branches like the Kenyatta Avenue one being notorious - but no one ever talks about NBK. All talk is always about Memba! Is it the usual Memba bashing or am I missing something??
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Back to top
  |
Fetero
#27 Posted : Tuesday, March 08, 2016 12:38:14 PM
Rank: New-farer

Joined: 1/21/2015
Posts: 31
Robinhood wrote:
mlennyma wrote:
mulla wrote:
Fetero wrote:
James Mwangi is 1st pouring praises to the ONLY BEST asset owned by equity that never gets an entry in balance sheet. #His Employees!!!

Most of his employees don't share the same sentiments...at least the ones I have interacted with.
Still KCB rules with PBT up 12%

unfortunately the praises don't translate to money in their pockets which is any employees happiness


Perhaps the huge praises are to cover for something? I also have the same sentiment from talking to guys who work for meba. They just dont feel these praises very much.

James mwangi is reincarnating himself into Richard brandson.."The most important person to your business is not the customer, its your employee!" But he is holding his pockets while saying these empty nice words! South sudan has undoubtedly claimed much of the sunk costs. This is not only in equity bank but 90% of Kenyan Firms in africa's newest country. read these earlier post here;http://allafrica.com/stories/201508101542.html
Ask & it'll be given to you,seek & you shall find..Mathew:7:7
Back to top
  |
MaichBlack
#28 Posted : Tuesday, March 08, 2016 1:06:00 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,833
An almost 6 Billion hit from South Sudan!!!

Hiyo Sudan!!!!

KCB - 6 Billion.

CFC - 7 Billion.

......

And counting....
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Back to top
  |
mlennyma
#29 Posted : Tuesday, March 08, 2016 1:24:06 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
MaichBlack wrote:
An almost 6 Billion hit from South Sudan!!!

Hiyo Sudan!!!!

KCB - 6 Billion.

CFC - 7 Billion.

......

And counting....

So far its clear that entering s sudan for all banks was disastrous and wrong timed but may be in future they will recoup their investments,
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
  |
MaichBlack
#30 Posted : Tuesday, March 08, 2016 2:53:08 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,833
mlennyma wrote:
MaichBlack wrote:
An almost 6 Billion hit from South Sudan!!!

Hiyo Sudan!!!!

KCB - 6 Billion.

CFC - 7 Billion.

......

And counting....

So far its clear that entering s sudan for all banks was disastrous and wrong timed but may be in future they will recoup their investments,

The was only one problem - forex losses due to a huge currency devaluation!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Back to top
  |
8 Pages<1234>»
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.