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Equity Bank unveils its MVNO strategy
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watesh
#661 Posted : Sunday, April 12, 2015 2:18:05 PM
Rank: Veteran


Joined: 8/10/2014
Posts: 969
Location: Kenya
shocks wrote:
I'm in Nakuru and while at an mpesa/equitel agent and noted the 3 guys infront of me on the queue were doing equitel transactions, this thing may actually make equity money in its 1st year

At the earnings announcement, the CEO said Equitel is close to breaking even with just the 400,000, if they could get to 2 million and get the thin sim, thing will be looking up
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young farmer
#662 Posted : Tuesday, April 21, 2015 8:43:09 PM
Rank: New-farer


Joined: 9/25/2012
Posts: 58
Location: kenia
CS Matiang’i has sensationally claimed the mobile network operator procured litigants to block thin-Sim technology fronted by Equity Bank

Read more at: http://www.standardmedia...-alternative-technology










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mlennyma
#663 Posted : Tuesday, April 21, 2015 10:04:11 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
young farmer wrote:
CS Matiang’i has sensationally claimed the mobile network operator procured litigants to block thin-Sim technology fronted by Equity Bank

Read more at: http://www.standardmedia...-alternative-technology

we are small men,you have the powers to solve the mess,tell us when to gather and slaughter the elephant










"Don't let the fear of losing be greater than the excitement of winning."
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hisah
#664 Posted : Wednesday, April 22, 2015 1:53:58 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
young farmer wrote:
CS Matiang’i has sensationally claimed the mobile network operator procured litigants to block thin-Sim technology fronted by Equity Bank

Read more at: http://www.standardmedia...-alternative-technology

Simple analysis, which counter is in the red as the year unfolds and which one is in the green as per stock price returns?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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young farmer
#665 Posted : Saturday, May 30, 2015 6:17:03 AM
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Joined: 9/25/2012
Posts: 58
Location: kenia
Court dismisses case against Equity’s mobile money plan
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enyands
#666 Posted : Saturday, May 30, 2015 8:08:44 AM
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Joined: 12/25/2014
Posts: 2,300
Location: kenya
young farmer wrote:
Court dismisses case against Equity’s mobile money plan


link
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jawgey
#667 Posted : Saturday, May 30, 2015 8:47:28 AM
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Joined: 1/13/2014
Posts: 386
Location: Denmark
young farmer wrote:
Court dismisses case against Equity’s mobile money plan


Good.. now let the clash of the titans begin, I guarantee you we'll benefit from this
Seeing is believing
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young farmer
#668 Posted : Saturday, May 30, 2015 8:58:50 AM
Rank: New-farer


Joined: 9/25/2012
Posts: 58
Location: kenia
enyands wrote:
young farmer wrote:
Court dismisses case against Equity’s mobile money plan


link


http://www.standardmedia...es-case-against-thin-sim
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watesh
#669 Posted : Saturday, May 30, 2015 3:27:55 PM
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Joined: 8/10/2014
Posts: 969
Location: Kenya
We are back in business boys....
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Gordon Gekko
#670 Posted : Saturday, May 30, 2015 7:28:00 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
young farmer wrote:
enyands wrote:
young farmer wrote:
Court dismisses case against Equity’s mobile money plan


link


http://www.standardmedia...s-case-against-thin-sim


It had to be Lenaola. That's one judge who has humongous balls.
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Gordon Gekko
#671 Posted : Friday, June 05, 2015 8:11:52 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
c&p Bloomerg

Equity Bank, which owns a new mobile payment and banking service called Equitel, is seeking 100 million customers in Africa within 10 years and the first five million by the end of this year.
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mlennyma
#672 Posted : Friday, June 05, 2015 10:53:50 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
young farmer wrote:
CS Matiang’i has sensationally claimed the mobile network operator procured litigants to block thin-Sim technology fronted by Equity Bank

Read more at: http://www.standardmedia...-alternative-technology











you are the one incharge why cant you bite instead of telling hopeless wanjikus
"Don't let the fear of losing be greater than the excitement of winning."
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georgegop
#673 Posted : Monday, June 08, 2015 8:35:23 AM
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Joined: 8/30/2010
Posts: 183
Location: Migingo
http://www.standardmedia...ongo-acquisition-equitel
Don't Work for Money, Let Money Work for You..
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Mainat
#674 Posted : Wednesday, June 24, 2015 6:46:19 AM
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Joined: 11/21/2006
Posts: 1,590
NSSF Uganda has bought 2.4% stake from Helios which is obviously exiting.
Sehemu ndio nyumba
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VituVingiSana
#675 Posted : Wednesday, June 24, 2015 4:09:17 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Mainat wrote:
NSSF Uganda has bought 2.4% stake from Helios which is obviously exiting.

Do they know something we do not?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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BKB
#676 Posted : Tuesday, June 30, 2015 11:10:56 AM
Rank: New-farer


Joined: 1/14/2015
Posts: 16
Location: Ngamia 1
Hi Wazuans...any details on that 156M EQTY block trade?
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hisah
#677 Posted : Tuesday, June 30, 2015 2:28:03 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Last time member traded 100M+ shares was back in May 2014. This must be a block cross trade; someone exiting and someone taking up that seat.

@mainat may have been referencing this.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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BGL
#678 Posted : Tuesday, June 30, 2015 5:57:57 PM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
BKB wrote:
Hi Wazuans...any details on that 156M EQTY block trade?


NSSF Uganda has bought the Hellios shares at Equity.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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watesh
#679 Posted : Wednesday, July 01, 2015 4:44:09 AM
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Joined: 8/10/2014
Posts: 969
Location: Kenya
VituVingiSana wrote:
Mainat wrote:
NSSF Uganda has bought 2.4% stake from Helios which is obviously exiting.

Do they know something we do not?

I hardly doubt it. Market has slowed down and stock is bound for dilution after rights issue which i dont think they want to take up. Best time to exit and move it other fast growing companies like Wananchi Group
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VituVingiSana
#680 Posted : Wednesday, July 01, 2015 10:43:36 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
watesh wrote:
VituVingiSana wrote:
Mainat wrote:
NSSF Uganda has bought 2.4% stake from Helios which is obviously exiting.

Do they know something we do not?

I hardly doubt it. Market has slowed down and stock is bound for dilution after rights issue which i dont think they want to take up. Best time to exit and move it other fast growing companies like Wananchi Group
When is the Rights Issue expected? JM should pull another smart move like he did with Helios & do a Private Placement [at the market price] without the drama & cost of a Rights Issue. The end result is the same.

Equity gets the cash it needs without a 'discount' since the shares are sold at market.
Current shareholders afraid of 'dilution' can buy the shares they want on the NSE.
On the other hand, Equity can gain publicity from the Rights Issue but that benefits some shareholders vs Equity the Firm.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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