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KCB Q1 2014 Results
Rank: Member Joined: 8/29/2008 Posts: 573
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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.
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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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 go
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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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."
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Rank: Elder Joined: 12/4/2009 Posts: 10,809 Location: NAIROBI
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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
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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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
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Rank: Chief Joined: 1/3/2007 Posts: 18,356 Location: Nairobi
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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
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Rank: Member Joined: 3/3/2014 Posts: 131
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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 IMITATION IS LIMITATION
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Rank: Elder Joined: 7/22/2009 Posts: 7,858
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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.
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Rank: Member Joined: 8/30/2010 Posts: 183 Location: Migingo
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KCB touches new high as banks shineDon't Work for Money, Let Money Work for You..
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Rank: Member Joined: 8/30/2010 Posts: 183 Location: Migingo
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Just wondering, how further up can KCB go?? Don't Work for Money, Let Money Work for You..
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