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KCB Q1 2014 Results
Ali Baba
#51 Posted : Friday, May 02, 2014 5:38:37 AM
Rank: Member

Joined: 8/29/2008
Posts: 573
murchr wrote:
INTERESTING! wrote:
Guys, this thread says KCB Q1 2014 results. Discussing Equity but and Safcom is okay. Discussing @guru267 is NOT APPROPRIATE!

Having said that, what is all this beef about?

Those who want to buy Equity Bank shares are free to do so.

Let us meet at the end of the year and we will be telling the Equity Bank nay-sayers who have been there since time immemorial, "we told you so".

Equity Bank has fought many battles and it has got itself into another one because it knows it can succeed. I will buy the shares while others argue!



Welcome to wazua
Just like King Solomon and the baby saga,the best way is buy both Equity and KCB.
whiteowl
#52 Posted : Friday, May 02, 2014 8:11:05 AM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
MaichBlack wrote:
guru267 wrote:
Boris Boyka wrote:
Yousaid it will collapse,when it started operating agents you said it will collapse(other banks followed including KCB).


If you feel like accusing me of something at least have the decency to quote me!

Boris Byoka wrote:
@guru247 of late you're misleadingus financially


GET THIS STRAIGHT... I am neither your spouse, nor your broker, nor your advisor, nor your parent, nor your sibling, nor your politician, nor your preacher!

He he he. Raw nerve was touched!!!

But @Boris is correct. Anyone who has been taking you advice/opinion serious must be in depression - assuming they have not committed suicide!! Home Africa from 25/= to <5 takes the cake! 80% loss in how long? 1,000,000 to 200,000; 5,000,000 to 1,000,000. And all along the drive [or is it flight] down you never stopped advocating for the stock. Even now!!!


I also don't take @guru247 opinion seriously. Some of her recos (Home africa & EverReady) have been way off the mark. Either something is wrong with her TA or she is deliberately misleading. Oops i used the M word but that's besides the point. As for your respose to @Boris, i think you need to re-read the Wazua welcome page. You have a right to drum support/opposition for any stock but Wazuans also deserves a 2nd & 3rd opinion. Shutting down anyone who opposes you isn't the way to goShame on you
mlennyma
#53 Posted : Friday, May 02, 2014 9:33:58 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Equity has taken the right step towards more prosperity,they have a very good starting point with over 11000 agents,and thousands of mpesa transactions which they will just channel to their network,you. will rarely need to go to the banks branches one you have their sim card..
any good step will meet criticism but jm must have thought more than guru because when he started equity we were not there
"Don't let the fear of losing be greater than the excitement of winning."
Ericsson
#54 Posted : Friday, May 02, 2014 9:37:05 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
To all people can we stick to the topic KCB Q1 2014 Results;
Comparison between KCB and Equity was in another topic and also Equity results and the comparison of Equity MVNO and safaricom Mpesa
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
dunkang
#55 Posted : Friday, May 02, 2014 10:00:24 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
As a spectator, i would say the results presented are very good.

Since the comparison done was most probably on year on year, i.e "Q1 2013" vs "Q1 2014", how are the numbers on quarter on quarter basis, i.e. "Q4 2013" vs "Q1 2014".

P.S. Since i sold my Equity Bank stake sometimes last year, I no longer follow Tier 1 banks results, so, if you find my question ignorant, forgive me!
Receive with simplicity everything that happens to you.” ― Rashi

VituVingiSana
#56 Posted : Friday, May 02, 2014 12:33:14 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
All Equity needs to do is give every customer a smartphone [EquityPhone] locked to their Mobile Money platform. I am sure Equity can spare KES 5bn [initially 1,000,000 EquityPhones at 5,000 each for its most active customers]... And the complete payoff [from transaction fees and airtime sales] will take less than 2 years!

Or simply sell each customer an EquityPhone with a 1 year payment plan (500/- per month to be deducted from the EquityMoney]...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Murang'a
#57 Posted : Friday, May 02, 2014 12:44:28 PM
Rank: Member

Joined: 3/3/2014
Posts: 131
mlennyma wrote:
Equity has taken the right step towards more prosperity,they have a very good starting point with over 11000 agents,and thousands of mpesa transactions which they will just channel to their network,you. will rarely need to go to the banks branches one you have their sim card..
any good step will meet criticism but jm must have thought more than guru because when he started equity we were not there

Laughing out loudly Laughing out loudly Laughing out loudly
IMITATION IS LIMITATION
MaichBlack
#58 Posted : Friday, May 02, 2014 3:43:25 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,858
VituVingiSana wrote:
All Equity needs to do is give every customer a smartphone [EquityPhone] locked to their Mobile Money platform. I am sure Equity can spare KES 5bn [initially 1,000,000 EquityPhones at 5,000 each for its most active customers]... And the complete payoff [from transaction fees and airtime sales] will take less than 2 years!

Or simply sell each customer an EquityPhone with a 1 year payment plan (500/- per month to be deducted from the EquityMoney]...

Good thinking @vvs. They can even work with a handset maker to reduce the cost further and probably transfer the delayed payment to the handset maker. Win win situation for both. The handset maker gets 1m ready customers - no marketing, distribution taken care of etc. etc.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
georgegop
#59 Posted : Wednesday, July 16, 2014 1:51:18 PM
Rank: Member

Joined: 8/30/2010
Posts: 183
Location: Migingo
KCB touches new high as banks shine
Don't Work for Money, Let Money Work for You..
georgegop
#60 Posted : Wednesday, July 16, 2014 1:53:39 PM
Rank: Member

Joined: 8/30/2010
Posts: 183
Location: Migingo
Just wondering, how further up can KCB go??
Don't Work for Money, Let Money Work for You..
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