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equity bank Q3 results
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Bugatti
#11 Posted : Tuesday, October 26, 2010 10:38:37 AM
Rank: New-farer

Joined: 10/14/2010
Posts: 50
Location: Nairobi Kenya
Wazuans.Read from this link-Reuters
http://af.reuters.com/article/kenyaNews/idAFLDE69O1NY20101026
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Pastor M
#12 Posted : Tuesday, October 26, 2010 11:05:54 AM
Rank: Member

Joined: 8/18/2009
Posts: 303
This means Equity Bank is the highest bank in term of net profits this year because already KCB and BBK profits are below what Equity Bank have reported.
Well done Equity frantenity
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mjuaji wa stocks
#13 Posted : Tuesday, October 26, 2010 11:14:33 AM
Rank: Member

Joined: 1/16/2010
Posts: 672
Location: nairobi
EB all the time followed by Co-op Bank.

I bought .... i am buying!!

Target exit prices

EB - ksh41/-

Co-op kshs 30/-

all of them in march 2011.
God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!
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Njung'e
#14 Posted : Tuesday, October 26, 2010 11:20:22 AM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
@Mjuaji,

EB target of 41 by March??...hahah!!...You are such a dreamer!
Nothing great was ever achieved without enthusiasm.
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mlennyma
#15 Posted : Tuesday, October 26, 2010 11:21:56 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Share price not excited anyway.
"Don't let the fear of losing be greater than the excitement of winning."
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yekeyeke
#16 Posted : Tuesday, October 26, 2010 11:23:21 AM
Rank: Member

Joined: 6/4/2008
Posts: 345
These are great results and this shows why thinking outside the box is king. It shows that as a bank, if you collect deposits only to play the T bills game, you will loose big time.

Go equity go. Lets now become the biggest bank in east and central africa in terms of:-
-Market capitalisation.
-Biggest lender.
-Bank with largest number of accounts.
-Biggest profit after and before tax.

http://www.cnbc.com/id/39843092
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kir
#17 Posted : Tuesday, October 26, 2010 11:23:34 AM
Rank: Member

Joined: 7/11/2009
Posts: 11
Equity PBT of 6.53B
KCB PBT of 6.51B
Just the start of things to come. Barclays is next. These guys know how to maximize on returns on assets with a B.S of 136B as compared to KCB's B.S of 244B.
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youcan'tstopusnow
#18 Posted : Tuesday, October 26, 2010 11:26:11 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Say what you want. Those results are impressive. Equity is on course to be the top bank in Kenya in terms of profitabily in the next 1 and a half years
GOD BLESS YOUR LIFE
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mjuaji wa stocks
#19 Posted : Tuesday, October 26, 2010 11:31:52 AM
Rank: Member

Joined: 1/16/2010
Posts: 672
Location: nairobi
[quote=Njung'e]@Mjuaji,

EB target of 41 by March??...hahah!!...You are such a dreamer![/quote]


Guka .... and who said dreaming is bad??

Ama kwani mtu akizeeka .... you no longer dream??? :-) :-) :-)

Ama ni uzee :-d :-d :-d :-d :-d ........ tungoje.
God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!
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Wa_ithaka
#20 Posted : Tuesday, October 26, 2010 11:34:09 AM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
I think Equity will definitely take Barc in the next 12 months in the PBT race as Ug has now reached breakeven point.
The Governor of Nyeri - 2017
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