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Equity Bank FY 2018 net profit up 5%
Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Ericsson wrote:Share price on free fall The share price movement today suggests investors are selling Equity to buy KCB because of the 1.00 bob interim dividend. kcb today clocked 39.85 with a volume of 1,440,000 which was the third highest. Equity managed a volume of just 386,000 at 38.05. People want to book the 1 Bob dividend. Towards the goal of financial freedom
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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https://www.bloomberg.co...-unit-as-executives-quitWealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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Seems collusion amongst insiders is rampant. Keeps trending for customers loosing their money.
When cases are few and far in between, it can be understandable, chalked up to human error. However how can one bank have so many complaints every other week?
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Rank: Veteran Joined: 8/10/2014 Posts: 969 Location: Kenya
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rwitre wrote:Seems collusion amongst insiders is rampant. Keeps trending for customers loosing their money.
When cases are few and far in between, it can be understandable, chalked up to human error. However how can one bank have so many complaints every other week? And its substantial amounts of money disappearing. Reputational risk on this one.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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watesh wrote:rwitre wrote:Seems collusion amongst insiders is rampant. Keeps trending for customers loosing their money.
When cases are few and far in between, it can be understandable, chalked up to human error. However how can one bank have so many complaints every other week? And its substantial amounts of money disappearing. Reputational risk on this one. James Mwangi bado habanduki Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya
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Ericsson wrote:watesh wrote:rwitre wrote:Seems collusion amongst insiders is rampant. Keeps trending for customers loosing their money.
When cases are few and far in between, it can be understandable, chalked up to human error. However how can one bank have so many complaints every other week? And its substantial amounts of money disappearing. Reputational risk on this one. James Mwangi bado habanduki It appears the counter price (dropping) is responding to social media comments. Allegations of money disappearing from customer accounts. The power of social media cannot be under estimated. Even Trump knows that. They either clean/ vet their staff or it will be another monkey. Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Rebrand is this week? possunt quia posse videntur
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Rank: Elder Joined: 7/22/2009 Posts: 7,455
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MaichBlack wrote:MaichBlack wrote:Some fellow is not even hiding demand! Eish bhane!!
Wameanza kuharibu soko!! And the way I have been accumulating chini ya maji. And I ain't done yet! Still buying more of these share over the last couple of months. Been buying at between 38/= and 40/=. I have almost doubled my holding in the stock. Still remaining with more to buy of the next couple of weeks to hit my record. I would have preferred 35/= - 36/= but hey, it is not about timing the market. It is about the time in the market. And I really needed to buy a huge chunk to start playing timing games! Remaining lot hopefully I buy at a lower price. Probably at a higher one given the demand and supply patterns. I have have bought so much of Equity Bank shares, I feel like I literally own the Bank!!! Not as a shareholder. As the dude who owns this sh!t!!  The buying spree almost coming to an end. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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MaichBlack wrote:MaichBlack wrote:MaichBlack wrote:Some fellow is not even hiding demand! Eish bhane!!
Wameanza kuharibu soko!! And the way I have been accumulating chini ya maji. And I ain't done yet! Still buying more of these share over the last couple of months. Been buying at between 38/= and 40/=. I have almost doubled my holding in the stock. Still remaining with more to buy of the next couple of weeks to hit my record. I would have preferred 35/= - 36/= but hey, it is not about timing the market. It is about the time in the market. And I really needed to buy a huge chunk to start playing timing games! Remaining lot hopefully I buy at a lower price. Probably at a higher one given the demand and supply patterns. I have have bought so much of Equity Bank shares, I feel like I literally own the Bank!!! Not as a shareholder. As the dude who owns this sh!t!! The buying spree almost coming to an end. All the best in your investment endeavours. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 7/22/2009 Posts: 7,455
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Spikes wrote:MaichBlack wrote:MaichBlack wrote:MaichBlack wrote:Some fellow is not even hiding demand! Eish bhane!!
Wameanza kuharibu soko!! And the way I have been accumulating chini ya maji. And I ain't done yet! Still buying more of these share over the last couple of months. Been buying at between 38/= and 40/=. I have almost doubled my holding in the stock. Still remaining with more to buy of the next couple of weeks to hit my record. I would have preferred 35/= - 36/= but hey, it is not about timing the market. It is about the time in the market. And I really needed to buy a huge chunk to start playing timing games! Remaining lot hopefully I buy at a lower price. Probably at a higher one given the demand and supply patterns. I have have bought so much of Equity Bank shares, I feel like I literally own the Bank!!! Not as a shareholder. As the dude who owns this sh!t!! The buying spree almost coming to an end. All the best in your investment endevours. Thanks fellow investor. I now have significant skin (as @vvs would put it) in this stock. It is receiving bad press and for good reason, but I am a veeeery long term investor. The future is bright! @vvs should lend me a pair of sunglasses!!  I have also gone heavy on Kenya Re. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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MaichBlack wrote:Spikes wrote:MaichBlack wrote:MaichBlack wrote:MaichBlack wrote:Some fellow is not even hiding demand! Eish bhane!!
Wameanza kuharibu soko!! And the way I have been accumulating chini ya maji. And I ain't done yet! Still buying more of these share over the last couple of months. Been buying at between 38/= and 40/=. I have almost doubled my holding in the stock. Still remaining with more to buy of the next couple of weeks to hit my record. I would have preferred 35/= - 36/= but hey, it is not about timing the market. It is about the time in the market. And I really needed to buy a huge chunk to start playing timing games! Remaining lot hopefully I buy at a lower price. Probably at a higher one given the demand and supply patterns. I have have bought so much of Equity Bank shares, I feel like I literally own the Bank!!! Not as a shareholder. As the dude who owns this sh!t!! The buying spree almost coming to an end. All the best in your investment endevours. Thanks fellow investor. I now have significant skin (as @vvs would put it) in this stock. It is receiving bad press and for good reason, but I am a veeeery long term investor. The future is bright! @vvs should lend me a pair of sunglasses!! I have also gone heavy on Kenya Re. You will receive a tongue lashing from the All Knowing MugundaMan @SufficientlyP
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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MaichBlack wrote:Spikes wrote:MaichBlack wrote:MaichBlack wrote:MaichBlack wrote:Some fellow is not even hiding demand! Eish bhane!!
Wameanza kuharibu soko!! And the way I have been accumulating chini ya maji. And I ain't done yet! Still buying more of these share over the last couple of months. Been buying at between 38/= and 40/=. I have almost doubled my holding in the stock. Still remaining with more to buy of the next couple of weeks to hit my record. I would have preferred 35/= - 36/= but hey, it is not about timing the market. It is about the time in the market. And I really needed to buy a huge chunk to start playing timing games! Remaining lot hopefully I buy at a lower price. Probably at a higher one given the demand and supply patterns. I have have bought so much of Equity Bank shares, I feel like I literally own the Bank!!! Not as a shareholder. As the dude who owns this sh!t!! The buying spree almost coming to an end. All the best in your investment endevours. Thanks fellow investor. I now have significant skin (as @vvs would put it) in this stock. It is receiving bad press and for good reason, but I am a veeeery long term investor. The future is bright! @vvs should lend me a pair of sunglasses!! I have also gone heavy on Kenya Re.  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/22/2009 Posts: 7,455
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Sufficiently Philanga....thropic wrote:MaichBlack wrote:Spikes wrote:MaichBlack wrote:MaichBlack wrote:MaichBlack wrote:Some fellow is not even hiding demand! Eish bhane!!
Wameanza kuharibu soko!! And the way I have been accumulating chini ya maji. And I ain't done yet! Still buying more of these share over the last couple of months. Been buying at between 38/= and 40/=. I have almost doubled my holding in the stock. Still remaining with more to buy of the next couple of weeks to hit my record. I would have preferred 35/= - 36/= but hey, it is not about timing the market. It is about the time in the market. And I really needed to buy a huge chunk to start playing timing games! Remaining lot hopefully I buy at a lower price. Probably at a higher one given the demand and supply patterns. I have have bought so much of Equity Bank shares, I feel like I literally own the Bank!!! Not as a shareholder. As the dude who owns this sh!t!! The buying spree almost coming to an end. All the best in your investment endevours. Thanks fellow investor. I now have significant skin (as @vvs would put it) in this stock. It is receiving bad press and for good reason, but I am a veeeery long term investor. The future is bright! @vvs should lend me a pair of sunglasses!! I have also gone heavy on Kenya Re. You will receive a tongue lashing from the All Knowing MugundaMan Wachana na @MugundaMan. He thinks there is only one investment avenue. We are also in real estate others are in import - export, others are in farming, others are traders, some in forex etc. You get money where get it. @MugudaMan is the kind of fellow who imagines everyone should open a butchery just because he has a series of butcheries!!! Woe unto you if you open a hardware!!! You are in the hardware casino and you need to close it ASAP and open a butchery!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 7/22/2009 Posts: 7,455
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For example, I have never tried forex trading. Why? I am not even remotely good at it. But that doesn't mean there is no money to be made on forex trading. There is and I have seen people making a great living out of it. But it is just not for me and if I ever tried it I would most probably lose a good chuck of money (while those who know what they are doing are still making money. A lot of it!) This is what @MugundaMan never gets and will probably never get!!! He honestly thinks we keep losing money year in year out in the NSE and we keep pumping more in!!?? Surely!!?? Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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MaichBlack wrote:Sufficiently Philanga....thropic wrote:MaichBlack wrote:Spikes wrote:MaichBlack wrote:MaichBlack wrote:MaichBlack wrote:Some fellow is not even hiding demand! Eish bhane!!
Wameanza kuharibu soko!! And the way I have been accumulating chini ya maji. And I ain't done yet! Still buying more of these share over the last couple of months. Been buying at between 38/= and 40/=. I have almost doubled my holding in the stock. Still remaining with more to buy of the next couple of weeks to hit my record. I would have preferred 35/= - 36/= but hey, it is not about timing the market. It is about the time in the market. And I really needed to buy a huge chunk to start playing timing games! Remaining lot hopefully I buy at a lower price. Probably at a higher one given the demand and supply patterns. I have have bought so much of Equity Bank shares, I feel like I literally own the Bank!!! Not as a shareholder. As the dude who owns this sh!t!! The buying spree almost coming to an end. All the best in your investment endevours. Thanks fellow investor. I now have significant skin (as @vvs would put it) in this stock. It is receiving bad press and for good reason, but I am a veeeery long term investor. The future is bright! @vvs should lend me a pair of sunglasses!! I have also gone heavy on Kenya Re. You will receive a tongue lashing from the All Knowing MugundaMan Wachana na @MugundaMan. He thinks there is only one investment avenue. We are also in real estate others are in import - export, others are in farming, others are traders, some in forex etc. You get money where get it. @MugudaMan is the kind of fellow who imagines everyone should open a butchery just because he has a series of butcheries!!! Woe unto you if you open a hardware!!! You are in the hardware casino and you need to close it ASAP and open a butchery!!! LOL @SufficientlyP
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Rank: Elder Joined: 10/18/2008 Posts: 3,434 Location: Kerugoya
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tareke-ii oke. Ni mukuona uria mukuona.
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Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya
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aemathenge wrote:tareke-ii oke.
Ni mukuona uria mukuona. By any chance has someone hacked your phone/ laptop? I think it could be malware. Get anti -virus and clean it. Its very urgent. Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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Rank: Elder Joined: 10/18/2008 Posts: 3,434 Location: Kerugoya
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cyruskulei wrote:aemathenge wrote:tareke-ii oke.
Ni mukuona uria mukuona. By any chance has someone hacked your phone/ laptop? I think it could be malware. Get anti -virus and clean it. Its very urgent. Oh My. I am in the Banking Hall and the lot in the queue think I have gone loco. I am laughing my head off. You have really made my lunch break. Hehehe hehehe
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Equity Bank FY 2018 net profit up 5%
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