Does a 'few hours' mean after market closing? They can't announce when the market is in session. It's lost 30 cts so far.....

pls see live stats from richlive on equity bank trading.





total demand
438,500
1,387,000
total supply









EQTY TRADING










time(desc)
prev. close
share. trans
last price
Kshs
percent







12:29:51
16.80
299,800
16.55
-0.25
1.49%


12:06:20
16.80
1,100
16.55
-0.25
1.49%


12:06:20
16.80
1,000
16.50
-0.30
1.79%


12:06:15
16.80
1,000
16.55
-0.25
1.49%


12:06:13
16.80
1,000
16.55
-0.25
1.49%


12:06:08
16.80
0
16.55
-0.25
1.49%










is there somthing that we dont know regarding the results? Could they have made a loss in their half year results? Are we headed for a massacre Mumias style? Hope the 3PM conference has some encouraging news. We will need it. Trust me.


'You can fool all the people some of the time,and some of the people all the time,but you cannot fool all the people all the time.'
Abraham Lincoln.

no need to over-analyze the results. 08 was xmasi and so a peak that was completely unexpected. You can't blame them for taking in the super profits.
Other than that the bank has continued to grow well. 1200 new customers per day in Uganda without any advertising. If they keep up the momentum they could pull an Equity Bank Kenya in Uganda and you know how the profits come rolling in at that point.
My advice see the forest for the trees. This is still a very good business with a very special value sell. If it completely conquers Uganda and hopefully moves into another high potential country like Ghana,Nigeria or S. Africa - the value of this bank will go through the roof. This is the kind of stock that if it continues to do well can create a few millionaires in this country. Imagine an Africa-wide EB with HQs in Nairobi,Kenya.

I'm waiting for the results with interest as a pointer to future performance but still focused on the long term.

That would explain the sudden dip in the share price today. Damn this. Would you have a link we can click to read more?

'You can fool all the people some of the time,and some of the people all the time,but you cannot fool all the people all the time.'
Abraham Lincoln.

Good results after you knock off the one-time gain they had last year...

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB