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Equity Bank 3Q 2011 Results
QW25081985
#21 Posted : Monday, October 24, 2011 11:13:07 AM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
A contrarian is the one who bought at 17 bob ...when all thought the world is coming to an end ..ehehh !
Impunity
#22 Posted : Monday, October 24, 2011 11:27:43 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Glad with these profits "member" will not see the need to hugley and hopelessly raise their base lending rates like "LOAR" and others.
Good grief.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

FUNKY
#23 Posted : Monday, October 24, 2011 11:40:16 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
Surprising the price of member has not moved at all..it is stuck to 19/-
Cde Monomotapa
#24 Posted : Monday, October 24, 2011 11:45:45 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
mukiha wrote:
Cde Monomotapa wrote:
The question yet again begs. Why do we sell off profitable companies?


Because we need more cash than the profit/dividend....

pesa za mkate na maziwa Laughing out loudly Laughing out loudly
Aguytrying
#25 Posted : Monday, October 24, 2011 11:56:05 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Cde Monomotapa wrote:
Aguytrying wrote:
Good to prepare this thread for the new king

traitor.

ha ha. Relax bro. I'm on both sides, i own both, i love both. I know both will make me rich in a few years.
The investor's chief problem - and even his worst enemy - is likely to be himself
cnn
#26 Posted : Monday, October 24, 2011 12:08:46 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
http://www.equitybank.co...20Stmnts%2030-09-11.pdf
Foreign exchange trading income up from 597 million to 1.5 billion.
the deal
#27 Posted : Monday, October 24, 2011 12:09:02 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
QW25081985 wrote:
A contrarian is the one who bought at 17 bob ...when all thought the world is coming to an end ..ehehh !

Shame on you Shame on you You are not yet a Contrarian bro...between this thing is overbought and due for a correction! 17 bob will print!
Cde Monomotapa
#28 Posted : Monday, October 24, 2011 12:34:49 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Aguytrying wrote:
Cde Monomotapa wrote:
Aguytrying wrote:
Good to prepare this thread for the new king

traitor.

ha ha. Relax bro. I'm on both sides, i own both, i love both. I know both will make me rich in a few years.

Laughing out loudly Laughing out loudly. Ok. Let's await our joint fate smile @keninvest facilitate that QoQ analysis ASAP please.
kenyainvestor
#29 Posted : Monday, October 24, 2011 12:57:24 PM
Rank: Member

Joined: 7/12/2011
Posts: 194
Cde Monomotapa wrote:
Aguytrying wrote:
Cde Monomotapa wrote:
Aguytrying wrote:
Good to prepare this thread for the new king

traitor.

ha ha. Relax bro. I'm on both sides, i own both, i love both. I know both will make me rich in a few years.

Laughing out loudly Laughing out loudly. Ok. Let's await our joint fate smile @keninvest facilitate that QoQ analysis ASAP please.


smile Haya basi

Gross Non Performing Loans was slightly down 2% to Kshs. 3.5 Billion

Net Non Performing loans however was down 27.3% to Kshs. 1.44 Billion from Kshs. 2 Billion

The Cost: Income ratio was down 4.8% to 56.1%

Foreign Exchange Trading Income trading income surged by 155.8% to Kshs. 1.53 Billion from Kshs. 597 Million

For more (including your Q on Q analysissmile ) follow the link

EQUITY BANK 9 MONTH PROFIT AFTER TAX UP 42.3% TO 7.3 BILLION
LATEST BLOG POST: NSE BANKING SECTOR REPORT - THE TOP 5
FACEBOOK: Kenya Investing
TWITTER HANDLE: @kenyainvestor
Cde Monomotapa
#30 Posted : Monday, October 24, 2011 2:12:34 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Cheers @keninvest. Good analysis.
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