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post split equity bank share
Fundaah
#1 Posted : Thursday, June 11, 2009 7:42:00 AM
Rank: Elder


Joined: 11/19/2008
Posts: 1,267
It looks like spliting equity bank share made it lose appeal. With the current bull equity would have been gaining like sh5/- per day now its making a gain of 0.05/- .It was a bad mistake,wasn't it?



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eli
#2 Posted : Thursday, June 11, 2009 8:23:00 AM
Rank: Member


Joined: 6/17/2008
Posts: 294
majority of splits have performed dismally in the past. From Sasini,to ICDCI,to EACables,etc. Seems like Equity have tried its level best!

But you shall remember the LORD your God,for it is He who is giving you power to make wealth,that He may confirm His covenant which He swore to your fathers,as it is this day. Deu 8:18
leo
#3 Posted : Thursday, June 18, 2009 7:10:00 AM
Rank: Member


Joined: 9/12/2006
Posts: 8
Is it true that equity bank is going to buy National bank and what is the implication on its/NBK share price?


Bareta
#4 Posted : Thursday, June 18, 2009 7:12:00 AM
Rank: Member


Joined: 11/5/2008
Posts: 86
Eli,Jammo,Mlefu,Edimundu et at,

Where do you see Equity two years down the line?


Chief
Njunge
#5 Posted : Thursday, June 18, 2009 7:22:00 AM
Rank: Elder


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

Your source of information please............and don't quote gutter.


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Mainat
#6 Posted : Thursday, June 18, 2009 7:56:00 AM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
The reason for the static share price is two fold imho:


The huge number of additional shares-always damps enthuasism for a share
The Q1 numbers and Q2 for that weren't and won't be anything to shout about. Looks a little expensive on a fwd P/E basis

NBK story is at least 2 months old and JM has repeated it several times. Not blowing my own trumpet,but I blogged about here http://mjengakenya.blogs...-for-and-how-much.html.

I think it'll suit NBK more than it'll suit Equity.


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Sehemu ndio nyumba
virji1988
#7 Posted : Thursday, June 18, 2009 8:00:00 AM
Rank: Member


Joined: 12/7/2006
Posts: 48
WHY IS THERE A SUDDEN RISE IN ALL THE SHARES???????????
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