wazua Tue, Oct 17, 2017
Welcome Guest Search | Active Topics | Log In | Register

3 Pages<123
Equity Bank Q1 2017
Horton
#41 Posted : Friday, August 04, 2017 10:47:41 AM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,016
Location: Nairobi
[quote=Ericsson]Equity bank caught flat footed again.
Obiero and VVS what's your view.

The African Development Bank (AfDB) tops the list of lenders having advanced RVR Sh4 billion, the German Development Agency (Sh3.2 billion) and the World Bank’s private sector lending arm, the International Finance Corporation (Sh2.2 billion).

Also on the list of RVR’s lenders are the Dutch Development Bank (Sh2 billion), the ICF Debt Pool (Sh2 billion), the Belgian Investment Company for Developing Countries (Sh1 billion), and Equity Bank(Sh1.7 billion).

http://www.businessdaily...4256-14mo4vg/index.html[/quote]

Wow thats alot of bad debts piling up.
VituVingiSana
#42 Posted : Friday, August 04, 2017 3:20:41 PM
Rank: Chief


Joined: 1/3/2007
Posts: 13,306
Location: Nairobi
Ericsson wrote:
Equity bank caught flat footed again.
Obiero and VVS what's your view.

The African Development Bank (AfDB) tops the list of lenders having advanced RVR Sh4 billion, the German Development Agency (Sh3.2 billion) and the World Bank’s private sector lending arm, the International Finance Corporation (Sh2.2 billion).

Also on the list of RVR’s lenders are the Dutch Development Bank (Sh2 billion), the ICF Debt Pool (Sh2 billion), the Belgian Investment Company for Developing Countries (Sh1 billion), and Equity Bank(Sh1.7 billion).

http://www.businessdaily...4256-14mo4vg/index.html

Equity should stick to what they know best... ripping off "Wanjiku" Laughing out loudly Laughing out loudly Laughing out loudly
RVR has a lot of assets (rolling stock) or so I think. If the creditors can take control of RVR and "sell" these assets to KR/SGR so that folks can board from CBD to Mombasa CBD instead of this Syokimau - Miritini BS then they could make their money back. Or take a haircut and end the drama.

Equity should take one-time provisions in 2017 for these "bad" loans!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#43 Posted : Friday, August 04, 2017 9:28:00 PM
Rank: Elder


Joined: 12/4/2009
Posts: 3,592
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
Equity bank caught flat footed again.
Obiero and VVS what's your view.

The African Development Bank (AfDB) tops the list of lenders having advanced RVR Sh4 billion, the German Development Agency (Sh3.2 billion) and the World Bank’s private sector lending arm, the International Finance Corporation (Sh2.2 billion).

Also on the list of RVR’s lenders are the Dutch Development Bank (Sh2 billion), the ICF Debt Pool (Sh2 billion), the Belgian Investment Company for Developing Countries (Sh1 billion), and Equity Bank(Sh1.7 billion).

http://www.businessdaily...4256-14mo4vg/index.html

Equity should stick to what they know best... ripping off "Wanjiku" Laughing out loudly Laughing out loudly Laughing out loudly
RVR has a lot of assets (rolling stock) or so I think. If the creditors can take control of RVR and "sell" these assets to KR/SGR so that folks can board from CBD to Mombasa CBD instead of this Syokimau - Miritini BS then they could make their money back. Or take a haircut and end the drama.

Equity should take one-time provisions in 2017 for these "bad" loans!


Unfortunately RVRs contract has being terminated and the assets revert back to KR.
obiero
#44 Posted : Friday, August 04, 2017 9:28:50 PM
Rank: Elder


Joined: 6/23/2009
Posts: 7,116
Location: nairobi
VituVingiSana wrote:
Ericsson wrote:
Equity bank caught flat footed again.
Obiero and VVS what's your view.

The African Development Bank (AfDB) tops the list of lenders having advanced RVR Sh4 billion, the German Development Agency (Sh3.2 billion) and the World Bank’s private sector lending arm, the International Finance Corporation (Sh2.2 billion).

Also on the list of RVR’s lenders are the Dutch Development Bank (Sh2 billion), the ICF Debt Pool (Sh2 billion), the Belgian Investment Company for Developing Countries (Sh1 billion), and Equity Bank(Sh1.7 billion).

http://www.businessdaily...4256-14mo4vg/index.html

Equity should stick to what they know best... ripping off "Wanjiku" Laughing out loudly Laughing out loudly Laughing out loudly
RVR has a lot of assets (rolling stock) or so I think. If the creditors can take control of RVR and "sell" these assets to KR/SGR so that folks can board from CBD to Mombasa CBD instead of this Syokimau - Miritini BS then they could make their money back. Or take a haircut and end the drama.

Equity should take one-time provisions in 2017 for these "bad" loans!

Equity has lots of buccaneer lending.. I have never once bought the stock and will likely not in the near future. Though it has made some people wealthy. It's just not my cup of tea
one thing that's certain is that there's uncertainty at the NSE and stocks hate uncertainty
VituVingiSana
#45 Posted : Monday, August 07, 2017 10:57:29 AM
Rank: Chief


Joined: 1/3/2007
Posts: 13,306
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
Ericsson wrote:
Equity bank caught flat footed again.
Obiero and VVS what's your view.

The African Development Bank (AfDB) tops the list of lenders having advanced RVR Sh4 billion, the German Development Agency (Sh3.2 billion) and the World Bank’s private sector lending arm, the International Finance Corporation (Sh2.2 billion).

Also on the list of RVR’s lenders are the Dutch Development Bank (Sh2 billion), the ICF Debt Pool (Sh2 billion), the Belgian Investment Company for Developing Countries (Sh1 billion), and Equity Bank(Sh1.7 billion).

http://www.businessdaily...4256-14mo4vg/index.html

Equity should stick to what they know best... ripping off "Wanjiku" Laughing out loudly Laughing out loudly Laughing out loudly
RVR has a lot of assets (rolling stock) or so I think. If the creditors can take control of RVR and "sell" these assets to KR/SGR so that folks can board from CBD to Mombasa CBD instead of this Syokimau - Miritini BS then they could make their money back. Or take a haircut and end the drama.

Equity should take one-time provisions in 2017 for these "bad" loans!

Equity has lots of buccaneer lending.. I have never once bought the stock and will likely not in the near future. Though it has made some people wealthy. It's just not my cup of tea


Stick to KQ
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#46 Posted : Monday, August 07, 2017 11:01:51 AM
Rank: Elder


Joined: 9/23/2009
Posts: 5,554
Location: Enk are Nyirobi
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
Ericsson wrote:
Equity bank caught flat footed again.
Obiero and VVS what's your view.

The African Development Bank (AfDB) tops the list of lenders having advanced RVR Sh4 billion, the German Development Agency (Sh3.2 billion) and the World Bank’s private sector lending arm, the International Finance Corporation (Sh2.2 billion).

Also on the list of RVR’s lenders are the Dutch Development Bank (Sh2 billion), the ICF Debt Pool (Sh2 billion), the Belgian Investment Company for Developing Countries (Sh1 billion), and Equity Bank(Sh1.7 billion).

http://www.businessdaily...4256-14mo4vg/index.html

Equity should stick to what they know best... ripping off "Wanjiku" Laughing out loudly Laughing out loudly Laughing out loudly
RVR has a lot of assets (rolling stock) or so I think. If the creditors can take control of RVR and "sell" these assets to KR/SGR so that folks can board from CBD to Mombasa CBD instead of this Syokimau - Miritini BS then they could make their money back. Or take a haircut and end the drama.

Equity should take one-time provisions in 2017 for these "bad" loans!

Equity has lots of buccaneer lending.. I have never once bought the stock and will likely not in the near future. Though it has made some people wealthy. It's just not my cup of tea


Stick to KQ


He is stuck to KQ Laughing out loudly Laughing out loudly
Life is short. Live passionately.
Users browsing this topic
Guest
3 Pages<123
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 © 2017 Wazua.co.ke. All Rights Reserved.