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EQUITY BANK Results ON 28/02/2011
FUNKY
#1 Posted : Friday, February 25, 2011 11:07:25 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
Guys equity bank are announcing their results on Monday and a little birdie told me they might announce a bonus?..how far can it be true..is it worth buying at 29/-?
ProverB
#2 Posted : Friday, February 25, 2011 11:24:29 AM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
FUNKY wrote:
Guys equity bank are announcing their results on Monday and a little birdie told me they might announce a bonus?..how far can it be true..is it worth buying at 29/-?


Applause Applause Laughing out loudly Laughing out loudly

whoever managed to get all these boards to bite on playing market psychology did a commendable job. seeems they belive higher share price translate to better business smile Kila mtu apeane bonus ama asplit unless results ni totally awesome.
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
mlennyma
#3 Posted : Friday, February 25, 2011 12:48:31 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
How about equity's girlfriend hfck?
"Don't let the fear of losing be greater than the excitement of winning."
Burning Spear
#4 Posted : Friday, February 25, 2011 2:59:47 PM
Rank: Veteran

Joined: 7/22/2008
Posts: 1,139
FUNKY wrote:
Guys equity bank are announcing their results on Monday and a little birdie told me they might announce a bonus?..how far can it be true..is it worth buying at 29/-?



with the volume of issued shares 3,702,777,020
,I do not think they would give a bonus or a split at this time in point.
But a divinded would do better considering the volumes though they cant give a divided of more that ksh 0.50.

Its a bank to watch though especially becoz of the loan book,mkesho account.
"You're not supposed to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who says it". Malcolm X
FUNKY
#5 Posted : Friday, February 25, 2011 3:07:23 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
is it worth buying at 29?..i have placed an order for 5000 shares hope it goes through and we hear blasting news on Monday.
Gordon Gekko
#6 Posted : Friday, February 25, 2011 4:10:15 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
I sold out at 28.75. Hope to get in at a lower price after announcement.
MaichBlack
#7 Posted : Friday, February 25, 2011 8:15:39 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,848
Gordon Gekko wrote:
I sold out at 28.75. Hope to get in at a lower price after announcement.

You see it going lower than 28.75/= any time soon?
I think it will break the 30/= barrier after the announcement. My opinion is that you should have sold AFTER the announcement not BEFORE.

But you might be looking at it from a different angle. Mind sharing? That's the wazua spirit.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
qw25041985
#8 Posted : Friday, February 25, 2011 8:24:20 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
MaichBlack wrote:
Gordon Gekko wrote:
I sold out at 28.75. Hope to get in at a lower price after announcement.

You see it going lower than 28.75/= any time soon?
I think it will break the 30/= barrier after the announcement. My opinion is that you should have sold AFTER the announcement not BEFORE.

But you might be looking at it from a different angle. Mind sharing? That's the wazua spirit.


WOW . you sold even before announcement.That's a bad decision coz at 28.00 all the information about the performance had been factored in.Meaning the price cannot go lower.
After the release and after a thorough scrutiny of the results investors will start factorin in the good performance to come hence the price will shoot up....
Your future depends on your dreams so go to sleep !
Gordon Gekko
#9 Posted : Friday, February 25, 2011 8:44:10 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
@MaichBlack, qw25041985 look at the behaviour of KCB and NIC before and after announcement.
mlennyma
#10 Posted : Friday, February 25, 2011 8:48:08 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Nic announced jana and today lost despite the goodies..who knows?
"Don't let the fear of losing be greater than the excitement of winning."
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