I will go in if it goes below 25. My average buying price for Equity is currently 44. Besides, if their presentations are to be trusted, their yield on interest earning assets was 13.5% in 2015 while cost of funds 3%. Still below the current rate. Consumer loans are only 20% of their portfolio which was the segment with the highest rate. So at 25, still a buy for me

My average buy price is currently 38.Too bad i missed the downtrend but i have rectified my mistake.The current price is still good for me too.

But they need to seriously work on efficiency of their system (marked improvement though safaricom still way ahead) and accessibility in terms of agents...... alternatively consider splitting the cost of transfer of mpesa to equitel - can be a game changer for them.

That's a great strategy but, ahem, the bulk of their customers .....

The brick and motor is still needed for customer acquisition and provision of other services. 95% of our transactions is still cash so they can't really do away with brick and motor. If they could get as many salary accounts as possible, then they have a higher chance of making more money through transaction fees in the paybill category and money transfer.
Brick and motor should be the gateway to bring in the customers then online keeping them and making them active