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EQUITY vs KCB
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VituVingiSana
#161 Posted : Thursday, August 07, 2014 2:13:59 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
heri wrote:
what? i thought some banks do not even lend money against undeveloped land? or is it my bank that refused to lend to me

i hope the guys who borrowed will be able to service the loan
Change your bank to NBK Laughing out loudly Laughing out loudly Laughing out loudly On a serious note, if NBK did lend the money, it is another reason why I am not a NBK shareholder. I'll stick with Equity which put the screws on Nairobi County when CCN defaulted. And thank you to KCB for buying out the defaulted CCN loan from Equity!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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  | | Edit by user: Thursday, August 07, 2014 2:16 PM | Reason: Not specified
Gordon Gekko
#162 Posted : Thursday, August 07, 2014 2:55:51 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Fomoney wrote:
faa wrote:
heri wrote:
slightly out of the topic but which bank lent one billion against the lamu titles?

is that story really true


NATIONAL BANK


Poor them always getting shaftedSad

It's you getting shafted. As a Kenyan you own 53% of the bank.
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  | | Edit by user: Thursday, August 07, 2014 2:58 PM | Reason: Not specified
hisah
#163 Posted : Thursday, August 07, 2014 3:07:57 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Cartoon alert... KCB is charting a shooting star on the weekly chart at all time highs! Shooting star candle patterns are bearish reversal signs.



I continue to warn guys be careful with the bank stocks...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Othelo
#164 Posted : Thursday, August 07, 2014 3:13:56 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
Gordon Gekko wrote:
Fomoney wrote:
faa wrote:
heri wrote:
slightly out of the topic but which bank lent one billion against the lamu titles?

is that story really true


NATIONAL BANK


Poor them always getting shaftedSad

It's you getting shafted. As a Kenyan you own 53% of the bank.

Poor them ........ Should be poor us Kenyans! Sad
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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hisah
#165 Posted : Thursday, August 07, 2014 6:21:30 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Off topic a bit, but still relevant due to the NPLs I see in KE banks.

African Bank Investments Limited (Abil) share price in freefall

Quote:
African Bank Investments Limited (Abil) continued to shed value on Thursday, falling over 89% to a low of R0.28.

It recovered to R0.92 over lunch, but had fallen 80.74% to R0.52 by 15:39.


This one is likely going to zero, sufuri, нулевой, zilch, naught etc. That's what you call an ulcers central wipe out utopia!!!

Are there KE banks practising such crazy lending?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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obiero
#166 Posted : Friday, August 15, 2014 6:46:39 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
KCB looks like the winner in this challenge.. Here is evidence

KQ ABP 4.26
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WWW
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obiero
#167 Posted : Friday, August 15, 2014 6:49:47 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,211
Location: nairobi
KCB looks like the winner in this challenge.. Here is evidence

KQ ABP 4.26
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WWW
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theking
#168 Posted : Thursday, September 18, 2014 10:25:21 AM
Rank: Member

Joined: 1/25/2010
Posts: 344
Equity 56/= KCB 59/=
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Goldilocks Reloaded
#169 Posted : Thursday, September 18, 2014 10:38:46 AM
Rank: Member

Joined: 1/14/2014
Posts: 178
theking wrote:
Equity 56/= KCB 59/=



You can say that again...

Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
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streetwise
#170 Posted : Thursday, September 18, 2014 10:40:04 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Centum and now equity...kcb is looking like already cooked meat.
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