wazua Tue, Mar 24, 2026
Welcome Guest Search | Active Topics | Log In

4 Pages123>»
equity bank hy2016 results
ngapat
#1 Posted : Monday, August 22, 2016 10:10:12 AM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
Total profit before tax for the Group grew by 18% to close the half year at KES 14.2bn #EquityHY2016Results
“Invest in yourself. Your career is the engine of your wealth.”
Ericsson
#2 Posted : Monday, August 22, 2016 10:18:31 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
Seems in Q2 Equity has started struggling coz the profits in Q1 is not equal to Q2.
Coop and KCB did better on a quarter to quarter comparison basis
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
mkate_nusu
#3 Posted : Monday, August 22, 2016 11:27:47 AM
Rank: Member

Joined: 5/30/2016
Posts: 332
Location: Kayole
Ericsson wrote:
Seems in Q2 Equity has started struggling coz the profits in Q1 is not equal to Q2.
Coop and KCB did better on a quarter to quarter comparison basis


@Ericsson I hope people panic and sell at lower prices
KEGN, KPLC, KQ, SCOM
Spikes
#4 Posted : Monday, August 22, 2016 11:39:10 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
mkate_nusu wrote:
Ericsson wrote:
Seems in Q2 Equity has started struggling coz the profits in Q1 is not equal to Q2.
Coop and KCB did better on a quarter to quarter comparison basis


@Ericsson I hope people panic and sell at lower prices




I would like to vigorously ambush Equity share at 30/-.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Mainat
#5 Posted : Monday, August 22, 2016 12:47:33 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
The increase in npls. 46% for Ekweiti and similar for other brethren apart from Stanchart who are p**sies (to quote Clint Eastwood).
Is it the gavanaas doing or are things this grim in the economy? Ile over-investment in real estate disguised as personal loans na kadhalika...
Sehemu ndio nyumba
Impunity
#6 Posted : Monday, August 22, 2016 2:06:46 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Spikes wrote:
mkate_nusu wrote:
Ericsson wrote:
Seems in Q2 Equity has started struggling coz the profits in Q1 is not equal to Q2.
Coop and KCB did better on a quarter to quarter comparison basis


@Ericsson I hope people panic and sell at lower prices




I would like to vigorously ambush Equity share at 30/-.


I will be in head-first should it touch sub 30!
I know it will double one year after @kamwana's second win...but if @baba takes it, then sub 30 could hold for a foreseeable future.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Spikes
#7 Posted : Monday, August 22, 2016 2:25:03 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Impunity wrote:
Spikes wrote:
mkate_nusu wrote:
Ericsson wrote:
Seems in Q2 Equity has started struggling coz the profits in Q1 is not equal to Q2.
Coop and KCB did better on a quarter to quarter comparison basis


@Ericsson I hope people panic and sell at lower prices




I would like to vigorously ambush Equity share at 30/-.


I will be in head-first should it touch sub 30!
I know it will double one year after @kamwana's second win...but if @baba takes it, then sub 30 could hold for a foreseeable future.



International investors have more confidence in @baba than @kamwana. Equity stock is dominated by foreigners and by opposition winning this share will triple in value. #RocketRally!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Angelica _ann
#8 Posted : Monday, August 22, 2016 4:40:08 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Spikes wrote:
Impunity wrote:
Spikes wrote:
mkate_nusu wrote:
Ericsson wrote:
Seems in Q2 Equity has started struggling coz the profits in Q1 is not equal to Q2.
Coop and KCB did better on a quarter to quarter comparison basis


@Ericsson I hope people panic and sell at lower prices




I would like to vigorously ambush Equity share at 30/-.


I will be in head-first should it touch sub 30!
I know it will double one year after @kamwana's second win...but if @baba takes it, then sub 30 could hold for a foreseeable future.



International investors have more confidence in @baba than @kamwana. Equity stock is dominated by foreigners and by opposition winning this share will triple in value. #RocketRally!

Laughing out loudly Laughing out loudly Laughing out loudly You will wait kabisa to actualize that!!!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Realtreaty
#9 Posted : Monday, August 22, 2016 8:57:07 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
I like this stock but I have nothing till now. With time I will make decision. I will do that only when Sameerafrica rises back to 20 levels Laughing out loudly Laughing out loudly Laughing out loudly
watesh
#10 Posted : Tuesday, August 23, 2016 4:04:00 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
My take on the Half year results:
18% rise if profits is very muscular but the downside is out of 14.2bn Kenyan subsidiary carries a whooping 13.5bn, maybe more funds were channeled towards expansion in the subsidiary. Tanzanian unit seems to be experiencing a big struggle in getting deposits, 0.7bn gained since Q1 and down by 0.5bn since start of financial year. Good loan growth and will definitely need more capital injection or debt if it wants to dish out more loans.
South Sudan is a gone case for now.
DRC subsidiary now its biggest subsidiary after Kenyan unit in terms of assets and profit. Hoping peace prevails in the country for the long haul and it should bring in a billion soon. Lots of cash spent on expansion.
Kenyan unit doing great so far. 16bn extra deposits in just Q2.
In terms of the group generally I see net loans up 14% which is +33bn but also govt securities up by 44% which is +22.4bn which is almost 40% of all extra assets brought into the group. All in all the 37% rise in net interest income is phenomenal but what is up with the stagnant non-funded income? (my guess is the increased govt lending which dont have a way to have fees to imposed onto them)
From my opinion Equity is still a buy but in the Kenyan market KCB which has so much more publicity and Co-op are also in the race for the cheap deposits which will be crucial if interest rating caping becomes a reality.
4 Pages123>»
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.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.