wazua Sun, Jan 19, 2025
Welcome Guest Search | Active Topics | Log In | Register

Equity Bank HY 2012 comes in PBT at 7.62bn 29% growth
Options
Previous Topic · Next Topic
muganda
#1 Posted : Thursday, July 26, 2012 3:40:38 PM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
Results are in and Equity Bank with 29% growth is now second most profitable bank in Kenya.

http://www.nse.co.ke/listed-com...iod-ended-30th-june-2012
Back to top
 Report Abusive | Report SPAM
Cde Monomotapa
#2 Posted : Thursday, July 26, 2012 3:46:08 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
#SmackDown! ROOAARR!!
Back to top
 Report Abusive | Report SPAM
mwekez@ji
#3 Posted : Thursday, July 26, 2012 3:47:25 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Someone at the investor briefing should tell Dr. Mwangi to pick from Dr. Martin on the matter of giving a live stream of the announcement for online community.
Back to top
 Report Abusive | Report SPAM
FUNKY
#4 Posted : Thursday, July 26, 2012 5:17:24 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
Back to top
 Report Abusive | Report SPAM
the deal
#5 Posted : Thursday, July 26, 2012 5:23:37 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
I wish the negative sentiment here translates to selling the stock!
Back to top
 Report Abusive | Report SPAM
Cde Monomotapa
#6 Posted : Thursday, July 26, 2012 5:30:18 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
the deal wrote:
I wish the negative sentiment here translates to selling the stock!

Yes. This stock is washed up. Please sell to the deal.
Back to top
 Report Abusive | Report SPAM
youcan'tstopusnow
#7 Posted : Thursday, July 26, 2012 5:31:49 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
mwekez@ji wrote:
Someone at the investor briefing should tell Dr. Mwangi to pick from Dr. Martin on the matter of giving a live stream of the announcement for online community.

And a functional Twitter account!
How do the ROA and ROE figures between the 2 banks compare?
GOD BLESS YOUR LIFE
Back to top
WWW
 Report Abusive | Report SPAM
guru267
#8 Posted : Thursday, July 26, 2012 5:53:56 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
youcan'tstopusnow wrote:
mwekez@ji wrote:
Someone at the investor briefing should tell Dr. Mwangi to pick from Dr. Martin on the matter of giving a live stream of the announcement for online community.

And a functional Twitter account!
How do the ROA and ROE figures between the 2 banks compare?


Equity's are probably better than KCB but that can only mean KCB has huge room for growth by simply achieving full Economy, Efficiency, & Effectiveness
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
the deal
#9 Posted : Thursday, July 26, 2012 6:08:41 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
SeLL SeLL SeLL...here are the facts...

1. q/q Gross NPL's spiked by 22%...Folks are defaulting.

2. q/q the loan book was flat...meaning folks have stopped borrowing

SeLL SeLL SeLL

I help by being on the Buy side.
Back to top
 Report Abusive | Report SPAM
Cde Monomotapa
#10 Posted : Thursday, July 26, 2012 6:10:33 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
There is a huge difference btwn a great company & great stock investment. Sleep on that.
Back to top
 Report Abusive | Report SPAM
the deal
#11 Posted : Thursday, July 26, 2012 6:40:04 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Great Bank look at the trophy cabinet...Great Stock look at the historical returns
Back to top
 Report Abusive | Report SPAM
Cde Monomotapa
#12 Posted : Thursday, July 26, 2012 6:44:54 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
the deal wrote:
Great Bank look at the trophy cabinet...Great Stock look at the historical returns

While you're at it, check on KCB's run from 2002-08/9. Now it is reloaded, watch again.
Back to top
 Report Abusive | Report SPAM | Edit by user: Thursday, July 26, 2012 6:50 PM | Reason: Not specified
maka
#13 Posted : Thursday, July 26, 2012 9:41:38 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Why is it they decreased their provision for bad debts...thought it wud b on the up like KCB,s factoring high interest rates.
possunt quia posse videntur
Back to top
 Report Abusive | Report SPAM
guru267
#14 Posted : Friday, July 27, 2012 12:30:56 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
maka wrote:
Why is it they decreased their provision for bad debts...thought it wud b on the up like KCB,s factoring high interest rates.


They couldn't compete on the profit front... If they had tried to raise provisions they might have announced a profit decline...


Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
Cde Monomotapa
#15 Posted : Friday, July 27, 2012 7:46:04 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
guru267 wrote:
maka wrote:
Why is it they decreased their provision for bad debts...thought it wud b on the up like KCB,s factoring high interest rates.


They couldn't compete on the profit front... If they had tried to raise provisions they might have announced a profit decline...



smile
Back to top
 Report Abusive | Report SPAM
mwekez@ji
#16 Posted : Friday, July 27, 2012 9:11:26 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
youcan'tstopusnow wrote:
mwekez@ji wrote:
Someone at the investor briefing should tell Dr. Mwangi to pick from Dr. Martin on the matter of giving a live stream of the announcement for online community.

And a functional Twitter account!


True that. Mwangi and his team have not posted a tweet since last year!
Back to top
 Report Abusive | Report SPAM
maka
#17 Posted : Friday, July 27, 2012 3:56:25 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Is it me or the daktari dint look oh so quite pleased its lyk he had constipation...lol@guru...wunt they do a lot of what they did to the bad debt provision at full year?
possunt quia posse videntur
Back to top
 Report Abusive | Report SPAM
youcan'tstopusnow
#18 Posted : Thursday, August 02, 2012 7:43:45 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
“On a daily basis we are
moving an average of half a billion through agency banking agents who are now doing 24 per cent of the bank transactions and we are
projecting that the agents will overtake branches in terms of transactions and volume of money,” said James Mwangi, chief executive officer, Equity Bank.
http://www.businessdaily.../-/a8vibfz/-/index.html
GOD BLESS YOUR LIFE
Back to top
WWW
 Report Abusive | Report SPAM
eco
#19 Posted : Thursday, August 02, 2012 12:20:35 PM
Rank: Member


Joined: 6/17/2011
Posts: 229
youcan'tstopusnow wrote:
“On a daily basis we are
moving an average of half a billion through agency banking agents who are now doing 24 per cent of the bank transactions and we are
projecting that the agents will overtake branches in terms of transactions and volume of money,” said James Mwangi, chief executive officer, Equity Bank.
http://www.businessdaily.../-/a8vibfz/-/index.html


EB's innovation leads the industry. The bank has recently updated its website giving a Regional Outlook! This was after upgrading the ebanking platform to handle more EFTs to any other bank in Kenya.
Back to top
 Report Abusive | Report SPAM
innovator
#20 Posted : Thursday, August 23, 2012 12:19:39 PM
Rank: Member


Joined: 7/24/2010
Posts: 236
Location: nairobi
Back to top
WWW
 Report Abusive | Report SPAM
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2025 Wazua.co.ke. All Rights Reserved.