Wazua
»
Investor
»
Stocks
»
Equity Bank Q1 2016 Results
Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya
|
kaka2za wrote:VituVingiSana wrote:hisah wrote:Good news indeed in this NPL environment. The other good move was dumping that britam stake in 2014 just when it that counter topped out and has never found its footing to date!
Waiting for H1 results then I decide if to remove it from my golden handcuffs list. Same case applies to Centum H1, but I see britam will remain in that list for a long time. Equity does not hesitate dumping bad borrowers including County of Nairobi and Transcentury. But there is a Mainstream church that owes Equity over 2b NPL. Toboa siri
|
|
|
Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya
|
mkate_nusu wrote:Ebenyo wrote:mkate_nusu wrote:I am in this counter for the longterm. Below 36 I scoop up more Im also in this counter for the long term.Im in simba too but i plan kuachia my daughter.Mi nitabaki na huyu James Mwangi.I heard there is a rights issue next year? @Ebenyo I highly doubt that. Equity books are looking healthy: working capital, LLPs and NPLs are all good. If they needed the money they can always retain greater portion of earnings and pay less in dividends The Grand Plan was a 200bn expansion plan in 10 countries. They got 20bn from the new shares they created and have a 36bn loan agreement signed. The remaining 140bn has to be raised somehow, retained earnings cant do much since they use that to add additional capital to all the subsidiaries except SS for lending.
|
|
|
Rank: Member Joined: 1/31/2007 Posts: 304
|
watesh wrote:mkate_nusu wrote:Ebenyo wrote:mkate_nusu wrote:I am in this counter for the longterm. Below 36 I scoop up more Im also in this counter for the long term.Im in simba too but i plan kuachia my daughter.Mi nitabaki na huyu James Mwangi.I heard there is a rights issue next year? @Ebenyo I highly doubt that. Equity books are looking healthy: working capital, LLPs and NPLs are all good. If they needed the money they can always retain greater portion of earnings and pay less in dividends The Grand Plan was a 200bn expansion plan in 10 countries. They got 20bn from the new shares they created and have a 36bn loan agreement signed. The remaining 140bn has to be raised somehow, retained earnings cant do much since they use that to add additional capital to all the subsidiaries except SS for lending. For now the grand expansion has been put on hold in favour of consolidating the existing business.Therefore, the bank might not be in need of additional shareholder capital in form of a rights issue just yet.
|
|
|
Rank: New-farer Joined: 10/25/2011 Posts: 67
|
@Moneydust. What is the source of your information and how credible is it
|
|
|
Rank: Member Joined: 1/31/2007 Posts: 304
|
kaimbaga2012 wrote:@Moneydust. What is the source of your information and how credible is it Equity bank freezes expansion plans
|
|
|
Rank: Member Joined: 3/3/2016 Posts: 132
|
A bit of heavy trading on EQT today. What gives?
|
|
|
Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya
|
Seeing news on Twitter that Equity Bank says they have formed partnerships with telcos in Uganda, Tanzania,Rwanda,South Sudan & DR Congo to roll out Equitel.
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
|
watesh wrote:Seeing news on Twotter that Equity Bank says they have formed partnerships with telcos in Uganda, Tanzania,Rwanda,South Sudan & DR Congo to roll out Equitel. We are also seeing that. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
Some serious volume i must say "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
|
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
murchr wrote:Some serious volume i must say True even the last few sessions. So hard getting this share at good price . It's a blue chip more than kcb The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
|
Wazua
»
Investor
»
Stocks
»
Equity Bank Q1 2016 Results
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.