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RE.INVESTING ON EQUITY BANK COMPARED TO KCB RIGHTS OF SHARE
Rank: Member Joined: 4/1/2008 Posts: 141
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Though 20% of my stake is Equity Bank Shares i might reconsider pumping up and buy,more of this stock and accumulate up to 50k soon or later ,although the price may be on higher end.. this is after I considered and ruled out buying more of KCB right of shares,this is based ON comparison between KCB (RIGHTS OF SHARE@ Ksh17 cheaper but upwards trend slow..While Equity may be expensive @Ksh 24 but based on facts about growth the upwards trend its more certain. upwards trend is more likely promising faster.This is just my opinion. My fellow colleagues in this business whats your opinion???
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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wanyina, nice move. But it would be best if you held it for the medium to long term, lets say, not less than 5 years GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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@wanyina do your research. Remember there are no great companies, just great investments. Don't be caught like those guys who bought equity at 340 coz they are still licking their wounds, and will do so for very long. Anyway i think kcb at 17 is a superbuy. Life is short. Live passionately.
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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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wanyina... do you define your portfolio based on short term results? That's quite a big decision adjusting equity up based on quarterly earnings.. Portfolio analysis must be a full time job for you uh? Anyway.. KCB is on way down.. share trading @ 17 cum right 2 days to closure..every day it goes down..it packs in more value..based on already reported accounts and current pricing.. equity..it would be wise to note their ug branch lost em Kshs600M and southern sudan did not do that well either..eventually slugging regional attempts will be too heavy for domestic market to support like it has done this time round.. just a caution as you adjust your portfolio.. ..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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wanyina. I believe the question you should be asking yourself is, 'Do I want to be holding the Equity share when Uganda breaks even?' GOD BLESS YOUR LIFE
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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KCB in my opinion is packing more value than equity... From the point of view of par value, P/E, N.A.V, with KCB uganda and sudan breaking even this month.... Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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@guru,
I think kcb at a price below 20 bob is a great buy
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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KCB is a huge bank but with great inefficiencies.It is just the other day that we had the Triton Saga and we hope they recover some of the funds. That not withstanding their cost to income ratio is on the higher side. Equity on the other hand seems to be containing its costs and they are not short of innovation. Well, at current prices it is kind of high, so why not look for another bank that is not KCB? 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: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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NIC maybe? GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/3/2007 Posts: 18,136 Location: Nairobi
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In terms of performance of the Companies (not shares)... Kenol is to Equity what Total is to KCB... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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@Gatheuzi well said. i wouldn't have given kcb a second glance, but at that PRICE and with their div yield am ready to forgive their shortcomings. Its only a matter of time and it will recover Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,136 Location: Nairobi
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sparkly wrote:@Gatheuzi well said. i wouldn't have given kcb a second glance, but at that PRICE and with their div yield am ready to forgive their shortcomings. Its only a matter of time and it will recover The PER is almost 1/2 of Equity... So there is HUGE room for improvement but the culture is NOT there! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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VituVingiSana wrote:sparkly wrote:@Gatheuzi well said. i wouldn't have given kcb a second glance, but at that PRICE and with their div yield am ready to forgive their shortcomings. Its only a matter of time and it will recover The PER is almost 1/2 of Equity... So there is HUGE room for improvement but the culture is NOT there! With that dividend yield i'm willing to wait until investors wake up...(just like i'm doing in safcom) Right now i'm valuing KCB at 27bob so i see room for growth in the price... Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 1/3/2007 Posts: 18,136 Location: Nairobi
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guru267 wrote:VituVingiSana wrote:sparkly wrote:@Gatheuzi well said. i wouldn't have given kcb a second glance, but at that PRICE and with their div yield am ready to forgive their shortcomings. Its only a matter of time and it will recover The PER is almost 1/2 of Equity... So there is HUGE room for improvement but the culture is NOT there! With that dividend yield i'm willing to wait until investors wake up...(just like i'm doing in safcom) Right now i'm valuing KCB at 27bob so i see room for growth in the price... If you feel Equity is 'too expensive' then go buy other banks... KCB seems to be an underachiever... I am STILL debating whether to exercise my measly Rights! I sold my shares a while ago... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 8/14/2009 Posts: 244
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Those who are still debating whether or not to exercise their KCB rights, you have two days to decide. Those who are not exercising their rights, please surrender them to me. I am simply greedy. I feel that there is great value here.
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Rank: New-farer Joined: 6/29/2010 Posts: 56 Location: Nairobi
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KCB at below 20 is a bargain. considering the expected regional growth. Also what sense is there in buying CFC, for the last few months demand has always been higher than supply. Is there anything that I am missing with this counter. It actually doesnt make sense.. 0 dividends, negative PE. Someone please enlighten me. Where is the future here.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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komera wrote:KCB at below 20 is a bargain. considering the expected regional growth. Also what sense is there in buying CFC, for the last few months demand has always been higher than supply. Is there anything that I am missing with this counter. It actually doesnt make sense.. 0 dividends, negative PE. Someone please enlighten me. Where is the future here. All that negative results were last years.... But if you look at the q1 results you'll know why investors are rushing there Mark 12:29
Deuteronomy 4:16
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Rank: New-farer Joined: 6/29/2010 Posts: 56 Location: Nairobi
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guru267 wrote:komera wrote:KCB at below 20 is a bargain. considering the expected regional growth. Also what sense is there in buying CFC, for the last few months demand has always been higher than supply. Is there anything that I am missing with this counter. It actually doesnt make sense.. 0 dividends, negative PE. Someone please enlighten me. Where is the future here. All that negative results were last years.... But if you look at the q1 results you'll know why investors are rushing there Am seeing your sense But isnt it too late too jump on to that bus, I find it moving so fast that people may fall badly. Rem those signs in KBS kitambo,,dont board or alight on a moving vehicle. Anyway, i'll watch this one on the side while i stock up on KCB
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Rank: Veteran Joined: 3/12/2010 Posts: 1,199 Location: Eastlander
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VituVingiSana wrote:
If you feel Equity is 'too expensive' then go buy other banks... KCB seems to be an underachiever... I am STILL debating whether to exercise my measly Rights! I sold my shares a while ago...
Mj's disclosure that last 2 and a half months m-kesho has registered over 300,000 users..i can only imagine what this mean for Equity since Safcom is targeting to hit a million m-kesho users.... equity is becoming a sweeter deal by the day.. on other news..CFC Stanbic opened a branch in Buru...about 50 metres from Equity Buru..have a tent just outside Equity trying to get guys to open an account there.. CFC Stanbic...my condolences..should have asked KCB and Diamond Trust how they are fairing against Equity and Coop in Buru.. ..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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ProverB wrote:VituVingiSana wrote:
If you feel Equity is 'too expensive' then go buy other banks... KCB seems to be an underachiever... I am STILL debating whether to exercise my measly Rights! I sold my shares a while ago...
Mj's disclosure that last 2 and a half months m-kesho has registered over 300,000 users..i can only imagine what this mean for Equity since Safcom is targeting to hit a million m-kesho users.... equity is becoming a sweeter deal by the day.. on other news..CFC Stanbic opened a branch in Buru...about 50 metres from Equity Buru..have a tent just outside Equity trying to get guys to open an account there.. CFC Stanbic...my condolences..should have asked KCB and Diamond Trust how they are fairing against Equity and Coop in Buru.. ProverB wrote:on other news..CFC Stanbic opened a branch in Buru...about 50 metres from Equity Buru..have a tent just outside Equity trying to get guys to open an account there.. CFC Stanbic...my condolences..should have asked KCB and Diamond Trust how they are fairing against Equity and Coop in Buru..  ProverB, hey, we can't fault them for trying, can we? GOD BLESS YOUR LIFE
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RE.INVESTING ON EQUITY BANK COMPARED TO KCB RIGHTS OF SHARE
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