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Equity Bank HY 2015 net profit up 12%
Rank: Veteran Joined: 8/10/2014 Posts: 977 Location: Kenya
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MaichBlack wrote:Ericsson wrote:After the DRC acquisition is complete;prepare for a dilution in shareholding as the purchase is being funded by issuing shares to the sellers or Procredit Holdings.
Procredit Holdings will in turn hold 2.3% stake of equity by being issued new shares equivalent to that What dilution is this people keep talking about. You "give" me a company worth 10 Billion and I give you new shares worth 10 Billion in my company! Who has been diluted? Though the company has more issued shares now, it's now worth the original value + 10 Billion. It even gets better. I get a going concern at zero financing cost! Would you rather own 50% of Buru Buru or 25% of Nairobi!?? Plus Equity DRC is trying to lock in govt civil servants salary accounts, accounding J.Mwangi if this happens the subsidiary will grow 3 times its current value.....only issue is elections next year in DRC and there will be issues if Kabila decides to go for another unlawful term. If its trusted like South Sudan cash will pour into the bank rather than out
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Rank: Elder Joined: 7/21/2010 Posts: 6,184 Location: nairobi
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Member is attempting another rally "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: Member is attempting another rally This one could be serious after coming up immediately after the drop last week. But something's got to give, no way NIC bank should be trading below KCB price and even worse to equity price. Either KCB, EQuity goes down or NIC goes to the 50's. 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: 6,184 Location: nairobi
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Aguytrying wrote:mlennyma wrote: Member is attempting another rally This one could be serious after coming up immediately after the drop last week. But something's got to give, no way NIC bank should be trading below KCB price and even worse to equity price. Either KCB, EQuity goes down or NIC goes to the 50's. I usually listen to you very carefully. is the bear overpowered? why this quick comebacks? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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Aguytrying wrote:mlennyma wrote: Member is attempting another rally This one could be serious after coming up immediately after the drop last week. But something's got to give, no way NIC bank should be trading below KCB price and even worse to equity price. Either KCB, EQuity goes down or NIC goes to the 50's. I agree. i see NIC PE is 6.0 while equity is 9.7. I am also wondering why COOP PE is at 11.2?
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Rank: Elder Joined: 12/7/2012 Posts: 11,909
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heri wrote:Aguytrying wrote:mlennyma wrote: Member is attempting another rally This one could be serious after coming up immediately after the drop last week. But something's got to give, no way NIC bank should be trading below KCB price and even worse to equity price. Either KCB, EQuity goes down or NIC goes to the 50's. I agree. i see NIC PE is 6.0 while equity is 9.7. I am also wondering why COOP PE is at 11.2? Need to get back into NIC. Dumped it before rights. My 'gut' feeling then was this would happen & it has!!!!! 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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Rank: Elder Joined: 12/2/2009 Posts: 2,458 Location: Nairobi
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mlennyma wrote: Member is attempting another rally Missed the first rally.. Sigh!!!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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mlennyma wrote:Aguytrying wrote:mlennyma wrote: Member is attempting another rally This one could be serious after coming up immediately after the drop last week. But something's got to give, no way NIC bank should be trading below KCB price and even worse to equity price. Either KCB, EQuity goes down or NIC goes to the 50's. I usually listen to you very carefully. is the bear overpowered? why this quick comebacks? Ha ha. I listen to you! We're normally on the same page. I posted similar sediments on the elliot wave thread about the bear. interesting. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/22/2009 Posts: 7,467
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Aguytrying wrote:mlennyma wrote:Aguytrying wrote:mlennyma wrote: Member is attempting another rally This one could be serious after coming up immediately after the drop last week. But something's got to give, no way NIC bank should be trading below KCB price and even worse to equity price. Either KCB, EQuity goes down or NIC goes to the 50's. I usually listen to you very carefully. is the bear overpowered? why this quick comebacks? Ha ha. I listen to you! We're normally on the same page. I posted similar sediments on the elliot wave thread about the bear. interesting. Sediments??? Eish vane!!! 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: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Angelica _ann wrote:heri wrote:Aguytrying wrote:mlennyma wrote: Member is attempting another rally This one could be serious after coming up immediately after the drop last week. But something's got to give, no way NIC bank should be trading below KCB price and even worse to equity price. Either KCB, EQuity goes down or NIC goes to the 50's. I agree. i see NIC PE is 6.0 while equity is 9.7. I am also wondering why COOP PE is at 11.2? Need to get back into NIC. Dumped it before rights. My 'gut' feeling then was this would happen & it has!!!!! The bear is real. First casualties are usually small caps, non-dividend paying companies, cyclical industries, companies that suffer bad news/lower earnings. Eventually the blue chips will also suffer the claws of the bear but less dramatically. I believe lower are yet to come for Safaricom, Memba, Simba, Bamburi. Life is short. Live passionately.
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Rank: Member Joined: 10/1/2007 Posts: 232
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Ghengis capital has issued a HOLD recommendation for mumember...
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Rank: Veteran Joined: 8/10/2014 Posts: 977 Location: Kenya
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tmatekwa wrote:Ghengis capital has issued a HOLD recommendation for mumember... Why?
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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sparkly wrote:Angelica _ann wrote:heri wrote:Aguytrying wrote:mlennyma wrote: Member is attempting another rally This one could be serious after coming up immediately after the drop last week. But something's got to give, no way NIC bank should be trading below KCB price and even worse to equity price. Either KCB, EQuity goes down or NIC goes to the 50's. I agree. i see NIC PE is 6.0 while equity is 9.7. I am also wondering why COOP PE is at 11.2? Need to get back into NIC. Dumped it before rights. My 'gut' feeling then was this would happen & it has!!!!! The bear is real. First casualties are usually small caps, non-dividend paying companies, cyclical industries, companies that suffer bad news/lower earnings. Eventually the blue chips will also suffer the claws of the bear but less dramatically. I believe lower are yet to come for Safaricom, Memba, Simba, Bamburi. KCB is already flatenning at 47..I doubt quity will break above 50..The bear is still on.This is just a dead cat bounce
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Member Joined: 8/19/2015 Posts: 125
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What it is accelerating KCB and Equity coz they are not going down for us to load more???
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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the peak for both was to be 48 Lets see how low the next cycle will be
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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Rank: Member Joined: 8/15/2015 Posts: 817
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Metasploit wrote:the peak for both was to be 48
Lets see how low the next cycle will be you do understand if we go any lower we are heading to 2k mark and below.is the Kenyan economy that bad.we areNOT in a recession
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Rank: Veteran Joined: 8/10/2014 Posts: 977 Location: Kenya
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Member has just finished acquisition of 79% of Pro Credit DRC, sellers have been issued with 70897782 shares, current valuation Ksh3.9 billion.......tuende Ethiopia sasa when they open up their legs
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Rank: Elder Joined: 12/4/2009 Posts: 10,703 Location: NAIROBI
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@watesh; Those are new shares that have been created for the transaction. Ethiopia wamekataa kufungua miguu; Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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 Pesa Nane plans to be shilingi when he grows up.
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Rank: Member Joined: 5/28/2014 Posts: 149 Location: Nairobi
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I'm trying to remember where I saw a discussion about the potential and risks of investing in the DRC. Was it here somewhere? When you live for others' opinions, you are dead.
- Carlos Slim Helu
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