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EQUITY vs KCB
VituVingiSana
#251 Posted : Sunday, November 01, 2015 6:55:21 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
obiero wrote:
Ericsson wrote:
This IMF that is warning banks about cooking books is it the same one that encourages nations to cook their GDP figures and state of the economy they take more loans and result is financial crisis,bankruptcy,painful austerity measures like pension cuts.
Case in point Ukraine,Greece,Argentina in the early 2000,Mexico,Indonesia during the Asian financial crisis in 1997.
Now even Kenya

The key word you have used is enocourage. We are never forced by IMF.. Meanwhile, I was at the exchange bar yesterday and word is that the Opus Dei man is incorruptible.. Even big bribes dont shake his faith.. A stickler for rules. Fishy banks wont swim in this new CBK waters, but Imperial will reopen on 16.11.2015

We need more Opus Dei members in key positions. PNN wasn't interested in 'money' but service. Who remembers those stupid questions from the greedy & vile MPigs?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#252 Posted : Sunday, November 01, 2015 6:58:59 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
MaichBlack wrote:
watesh wrote:

If an interest rate control bill goes through, pple will be back to begging for loans instead of banks begging pple to take loans

That is why I keep saying the level of idiocy in this country is mind boggling!!! With all the risks and costs associated with lending to individuals, why would a bank want to lend to individuals at such low margins??? All the money/loans would end up going to the government and companies (the bigger the better). Companies would no longer need to source foreign loans. It would be the raiya trying to do that! Good luck with that!!!

And we are trying to make Nairobi a Financial Hub???

Equity doesn't lend much in South Sudan. Equity's loans are made to firms with Kenyan operations & collateral not loans that are subject to SS laws & judiciary. Equity takes deposits though! It is primarily a 'transaction bank'.

That's what the Midiwo bill will do. Banks will take deposits. Banks will 'invest' in T-Bills. Loans will be a no-no unless you are known to the bank or give the bank a lot of transactional business.

Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Cde Monomotapa
#253 Posted : Sunday, November 01, 2015 7:24:55 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
What is interest rate control really? Is that proposal saying that KBRR is already ineffective?

Huh??
Quote:
The proposal, seen by Sunday Nation, also inserts a clause to have the minimum interest rate that a bank or a financial institution shall pay on deposits held in interest earning accounts shall be set at least 70 per cent in the minimum.


How will any such control control variables of supply & demand side shocks?

This is just the OMC pricing route. The only thing that can be 'tamed' is margins. Effectively, that means more ICT processes from banks. Major V.E.Rs, redundancy coming up and regional expansion.

Banking is certainly not a sector to grow us wealth.
ARAP CHARLES
#254 Posted : Friday, August 26, 2016 12:40:32 PM
Rank: Member

Joined: 5/30/2016
Posts: 217
Location: Talai
KWANI THEY HAVE AGREED ON A SUPPLY TREND.. BOTH DOING JUST OVER 52 MILLION SUPPY AGAINST ZERO (0) DEMAND BOTH HAVE DONE A SUPPLY OF 30500 SHARES TO TIME!
Watch and Listen and Live
Impunity
#255 Posted : Friday, August 26, 2016 2:11:12 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
ARAP CHARLES wrote:
KWANI THEY HAVE AGREED ON A SUPPLY TREND.. BOTH DOING JUST OVER 52 MILLION SUPPY AGAINST ZERO (0) DEMAND BOTH HAVE DONE A SUPPLY OF 30500 SHARES TO TIME!


They should callme when they hit 15!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

obiero
#256 Posted : Friday, August 26, 2016 3:17:17 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
Impunity wrote:
ARAP CHARLES wrote:
KWANI THEY HAVE AGREED ON A SUPPLY TREND.. BOTH DOING JUST OVER 52 MILLION SUPPY AGAINST ZERO (0) DEMAND BOTH HAVE DONE A SUPPLY OF 30500 SHARES TO TIME!


They should callme when they hit 15!

Traders heaven

KQ ABP 4.26
murchr
#257 Posted : Friday, August 26, 2016 7:26:14 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Cde Monomotapa wrote:
What is interest rate control really? Is that proposal saying that KBRR is already ineffective?

Huh??
Quote:
The proposal, seen by Sunday Nation, also inserts a clause to have the minimum interest rate that a bank or a financial institution shall pay on deposits held in interest earning accounts shall be set at least 70 per cent in the minimum.


How will any such control control variables of supply & demand side shocks?

This is just the OMC pricing route. The only thing that can be 'tamed' is margins. Effectively, that means more ICT processes from banks. Major V.E.Rs, redundancy coming up and regional expansion.

Banking is certainly not a sector to grow us wealth.


CDE called out this law and left....Laughing out loudly
"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
.
Boris Boyka
#258 Posted : Friday, August 26, 2016 7:30:45 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
murchr wrote:
Cde Monomotapa wrote:
What is interest rate control really? Is that proposal saying that KBRR is already ineffective?

Huh??
Quote:
The proposal, seen by Sunday Nation, also inserts a clause to have the minimum interest rate that a bank or a financial institution shall pay on deposits held in interest earning accounts shall be set at least 70 per cent in the minimum.


How will any such control control variables of supply & demand side shocks?

This is just the OMC pricing route. The only thing that can be 'tamed' is margins. Effectively, that means more ICT processes from banks. Major V.E.Rs, redundancy coming up and regional expansion.

Banking is certainly not a sector to grow us wealth.


CDE called out this law and left....Laughing out loudly

He must be owning a bank directly or indirectly thus feeling the heat. Can he be given the ice bath of Egritch is difficort Laughing out loudly Laughing out loudly Laughing out loudly
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
obiero
#259 Posted : Friday, August 26, 2016 7:53:03 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
Boris Boyka wrote:
murchr wrote:
Cde Monomotapa wrote:
What is interest rate control really? Is that proposal saying that KBRR is already ineffective?

Huh??
Quote:
The proposal, seen by Sunday Nation, also inserts a clause to have the minimum interest rate that a bank or a financial institution shall pay on deposits held in interest earning accounts shall be set at least 70 per cent in the minimum.


How will any such control control variables of supply & demand side shocks?

This is just the OMC pricing route. The only thing that can be 'tamed' is margins. Effectively, that means more ICT processes from banks. Major V.E.Rs, redundancy coming up and regional expansion.

Banking is certainly not a sector to grow us wealth.


CDE called out this law and left....Laughing out loudly

He must be owning a bank directly or indirectly thus feeling the heat. Can he be given the ice bath of Egritch is difficort Laughing out loudly Laughing out loudly Laughing out loudly

CDE was a NBK die hard..

KQ ABP 4.26
Ebenyo
#260 Posted : Thursday, June 22, 2017 1:20:21 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
earthvoice wrote:
I've been following the duel between Equity and KCB for a while now, at least in terms of share prices, and there doesn't seem to be much between them. For example, Equity is currently trading at ~ KSh25.00 while KCB is at ~ KSh25.50-25.75, as opposed to earlier in the year when Equity peaked at KSh 30.00 and KCB was at KSh 23.50-24.00.

My questions are:

- in your opinion, between Equity and KCB, which is the better bet for medium to long-term investment?

- following the conclusion of the prolonged sell-off by the foreign investor(s) that led to the price dip seen in recent weeks, is Equity expected to recover its pre-dividend price of KSh 27.00-28.00 any time soon?
d'oh! d'oh!




These are the latest exposure of both equity and kcb to npls and interest expense.

equity- npl kshs 18,754,823,000
LLP- 37%
interest expense over income ratio 22%

kcb-npl kshs 31,812,856,000
LLP-51%
interest expense over income ratio-25%

Based on the above statistics i choose kcb.
i want to be rich and so i cannot afford to fear risk.Equity seems to play safe as evidenced by lower exposure to npls and interest expense.Kcb looks sharp.Despite its high exposure,its provisions are also higher.
Towards the goal of financial freedom
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