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KCB or Equity Bank?
Rank: Elder Joined: 9/23/2010 Posts: 2,225 Location: Sundowner,Amboseli
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hisah wrote:Aguytrying wrote:Sufficiently Philanga....thropic wrote:Almost traded sub 37. Last time we were here was in July 2013. 3 years worth of gains now washed down the drain. The stock hit a high of 65.50 in April 2015. That is so volatile. How come equity has been less volatile, yet their profits and growth have been similar. Is it the impending rights issue causing jitters Equity is not far behind if that support also caves in, which I expect to happen then those holding brit will be singing in the rain come year end! For KCB I think that rights issue has spooked weak hands in the current bear. I also questioned why a rights issue now, which @VVS explained. But it's a confidence bashing moving and likely the reason it's bleeding more than EQTY. Correct. KCB's constant rights issues are a cause for concern. Why pay a decent cash div then after 3 years or so come back to the same people for the same cash? Mpesa and member have been stingy on that front until 2 years ago when they upped their div yield. Again, member and KCB are not competitors in the strict sense of that word. Member certainly doesnt operate in the same space as KCB though the latter is the largest bank by profitability ATM. Member competes with Safaricom and is known to be more innovative that the slow KCB as well as having a better return on Equity. These 2 (Mpesa and member) also have a captive audience and have the advantage of the too big to fail tag behind them. @SufficientlyP
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Sufficiently Philanga....thropic wrote:hisah wrote:Aguytrying wrote:Sufficiently Philanga....thropic wrote:Almost traded sub 37. Last time we were here was in July 2013. 3 years worth of gains now washed down the drain. The stock hit a high of 65.50 in April 2015. That is so volatile. How come equity has been less volatile, yet their profits and growth have been similar. Is it the impending rights issue causing jitters Equity is not far behind if that support also caves in, which I expect to happen then those holding brit will be singing in the rain come year end! For KCB I think that rights issue has spooked weak hands in the current bear. I also questioned why a rights issue now, which @VVS explained. But it's a confidence bashing moving and likely the reason it's bleeding more than EQTY. Correct. KCB's constant rights issues are a cause for concern. Why pay a decent cash div then after 3 years or so come back to the same people for the same cash? Mpesa and member have been stingy on that front until 2 years ago when they upped their div yield. Again, member and KCB are not competitors in the strict sense of that word. Member certainly doesnt operate in the same space as KCB though the latter is the largest bank by profitability ATM. Member competes with Safaricom and is known to be more innovative that the slow KCB as well as having a better return on Equity. These 2 (Mpesa and member) also have a captive audience and have the advantage of the too big to fail tag behind them. Due to the charge of the bear, I'll wait and see how equity behaves in the coming months as I look for entry. If kcb sinks, equity is sure to follow The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Aguytrying wrote:Sufficiently Philanga....thropic wrote:hisah wrote:Aguytrying wrote:Sufficiently Philanga....thropic wrote:Almost traded sub 37. Last time we were here was in July 2013. 3 years worth of gains now washed down the drain. The stock hit a high of 65.50 in April 2015. That is so volatile. How come equity has been less volatile, yet their profits and growth have been similar. Is it the impending rights issue causing jitters Equity is not far behind if that support also caves in, which I expect to happen then those holding brit will be singing in the rain come year end! For KCB I think that rights issue has spooked weak hands in the current bear. I also questioned why a rights issue now, which @VVS explained. But it's a confidence bashing moving and likely the reason it's bleeding more than EQTY. Correct. KCB's constant rights issues are a cause for concern. Why pay a decent cash div then after 3 years or so come back to the same people for the same cash? Mpesa and member have been stingy on that front until 2 years ago when they upped their div yield. Again, member and KCB are not competitors in the strict sense of that word. Member certainly doesnt operate in the same space as KCB though the latter is the largest bank by profitability ATM. Member competes with Safaricom and is known to be more innovative that the slow KCB as well as having a better return on Equity. These 2 (Mpesa and member) also have a captive audience and have the advantage of the too big to fail tag behind them. Due to the charge of the bear, I'll wait and see how equity behaves in the coming months as I look for entry. If kcb sinks, equity is sure to follow How possible is it elder for a company talking of a rights and another not thinking of that to behave the same?? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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mlennyma wrote:Aguytrying wrote:Sufficiently Philanga....thropic wrote:hisah wrote:Aguytrying wrote:Sufficiently Philanga....thropic wrote:Almost traded sub 37. Last time we were here was in July 2013. 3 years worth of gains now washed down the drain. The stock hit a high of 65.50 in April 2015. That is so volatile. How come equity has been less volatile, yet their profits and growth have been similar. Is it the impending rights issue causing jitters Equity is not far behind if that support also caves in, which I expect to happen then those holding brit will be singing in the rain come year end! For KCB I think that rights issue has spooked weak hands in the current bear. I also questioned why a rights issue now, which @VVS explained. But it's a confidence bashing moving and likely the reason it's bleeding more than EQTY. Correct. KCB's constant rights issues are a cause for concern. Why pay a decent cash div then after 3 years or so come back to the same people for the same cash? Mpesa and member have been stingy on that front until 2 years ago when they upped their div yield. Again, member and KCB are not competitors in the strict sense of that word. Member certainly doesnt operate in the same space as KCB though the latter is the largest bank by profitability ATM. Member competes with Safaricom and is known to be more innovative that the slow KCB as well as having a better return on Equity. These 2 (Mpesa and member) also have a captive audience and have the advantage of the too big to fail tag behind them. Due to the charge of the bear, I'll wait and see how equity behaves in the coming months as I look for entry. If kcb sinks, equity is sure to follow How possible is it elder for a company talking of a rights and another not thinking of that to behave the same?? Kcb was at 40.00 way before rights was even mentioned. So it dropped from 65 to 40.00. Equity only dropped from 50 to 38-40. During the same period. This is the less volatility I'm talking about. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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Aguytrying wrote:mlennyma wrote:Aguytrying wrote:Sufficiently Philanga....thropic wrote:hisah wrote:Aguytrying wrote:Sufficiently Philanga....thropic wrote:Almost traded sub 37. Last time we were here was in July 2013. 3 years worth of gains now washed down the drain. The stock hit a high of 65.50 in April 2015. That is so volatile. How come equity has been less volatile, yet their profits and growth have been similar. Is it the impending rights issue causing jitters Equity is not far behind if that support also caves in, which I expect to happen then those holding brit will be singing in the rain come year end! For KCB I think that rights issue has spooked weak hands in the current bear. I also questioned why a rights issue now, which @VVS explained. But it's a confidence bashing moving and likely the reason it's bleeding more than EQTY. Correct. KCB's constant rights issues are a cause for concern. Why pay a decent cash div then after 3 years or so come back to the same people for the same cash? Mpesa and member have been stingy on that front until 2 years ago when they upped their div yield. Again, member and KCB are not competitors in the strict sense of that word. Member certainly doesnt operate in the same space as KCB though the latter is the largest bank by profitability ATM. Member competes with Safaricom and is known to be more innovative that the slow KCB as well as having a better return on Equity. These 2 (Mpesa and member) also have a captive audience and have the advantage of the too big to fail tag behind them. Due to the charge of the bear, I'll wait and see how equity behaves in the coming months as I look for entry. If kcb sinks, equity is sure to follow How possible is it elder for a company talking of a rights and another not thinking of that to behave the same?? Kcb was at 40.00 way before rights was even mentioned. So it dropped from 65 to 40.00. Equity only dropped from 50 to 38-40. During the same period. This is the less volatility I'm talking about. Its understandable that the forthcoming rights issue is thus affecting kcb price.Whats affecting equity? Towards the goal of financial freedom
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@Ebenyo. The bear and macro economic factors The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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Aguytrying wrote:@Ebenyo. The bear and macro economic factors thanks Aguy.Let it come down kabisa halafu niongeze ingine! Towards the goal of financial freedom
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Ebenyo wrote:Aguytrying wrote:@Ebenyo. The bear and macro economic factors thanks Aguy.Let it come down kabisa halafu niongeze ingine! I'm Also waiting for it. It's a good stock The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
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Ebenyo wrote:Aguytrying wrote:mlennyma wrote:Aguytrying wrote:Sufficiently Philanga....thropic wrote:hisah wrote:Aguytrying wrote:Sufficiently Philanga....thropic wrote:Almost traded sub 37. Last time we were here was in July 2013. 3 years worth of gains now washed down the drain. The stock hit a high of 65.50 in April 2015. That is so volatile. How come equity has been less volatile, yet their profits and growth have been similar. Is it the impending rights issue causing jitters Equity is not far behind if that support also caves in, which I expect to happen then those holding brit will be singing in the rain come year end! For KCB I think that rights issue has spooked weak hands in the current bear. I also questioned why a rights issue now, which @VVS explained. But it's a confidence bashing moving and likely the reason it's bleeding more than EQTY. Correct. KCB's constant rights issues are a cause for concern. Why pay a decent cash div then after 3 years or so come back to the same people for the same cash? Mpesa and member have been stingy on that front until 2 years ago when they upped their div yield. Again, member and KCB are not competitors in the strict sense of that word. Member certainly doesnt operate in the same space as KCB though the latter is the largest bank by profitability ATM. Member competes with Safaricom and is known to be more innovative that the slow KCB as well as having a better return on Equity. These 2 (Mpesa and member) also have a captive audience and have the advantage of the too big to fail tag behind them. Due to the charge of the bear, I'll wait and see how equity behaves in the coming months as I look for entry. If kcb sinks, equity is sure to follow How possible is it elder for a company talking of a rights and another not thinking of that to behave the same?? Kcb was at 40.00 way before rights was even mentioned. So it dropped from 65 to 40.00. Equity only dropped from 50 to 38-40. During the same period. This is the less volatility I'm talking about. Its understandable that the forthcoming rights issue is thus affecting kcb price.Whats affecting equity? Memba below 36 niko ndani KEGN, KPLC, KQ, SCOM
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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3 years down the line, looks like things are tuff for both 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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