They are out this afternoon. The share price facing down. Any predictions?

Happiness is not a right - except for children. You won't be happy if you think too much. The search of happiness is one cause os sorrow.

1st Qtr is up 29%. Not so bad for a diehard shareholders. However considering that the comparison is done basing on 1st Qtr 08 which experienced a lot of challenges. Therefore the results can be said to be dismal or worse declined in comparison to last Qtr...The price will definately head south au sio!

The results are OK but dissapointing. I expect the results to be interpreted that Equity has now come to the end of its super rapid growth phase. All along that has been the reason why it has commanded a much higher PE than other banks. Note that Equity has now been overtaken from being the fastest growing among the listed banks by banks such as Diamond Trust which grew their PAT by 36% in Q1 against Equity's 26%.

The growth trajectory may slow even further if not dissapear altogether in the 2nd Qtr given the very huge contribution of the Safaricom IPO to Equity's Q208 results. I would expect Equity to trade at a lower PE within a range of 10 to 13 under the current economic conditions down from 14,although ocassional speculative pressures could push it to 15 but this can now not be sustained for long.


Opportunity calls but few respond.

29% growth largely in an economy that grew by 1.7%!! As an investor I'm happy else we expect miracles!

The loan loss provision is going raise a lot of eye brows.