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Equity - a politically risky stock time to sell
sparkly
#91 Posted : Saturday, July 17, 2010 3:19:19 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Is it possible to discuss equity objectively? I think not, solution is just buy/ sell and show us the return. Am waiting to see how many buy it in the "best analyst" thread.
Life is short. Live passionately.
youcan'tstopusnow
#92 Posted : Saturday, July 17, 2010 3:28:15 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
sparkly wrote:
Is it possible to discuss equity objectively? I think not, solution is just buy/ sell and show us the return. Am waiting to see how many buy it in the "best analyst" thread.

Sparkly, I decided not to pick it since I think it will rally the most towards announcement of 2010 full results, not now towards half year. But in real life niko nazo kwa wingi which i picked kitambo
GOD BLESS YOUR LIFE
Gordon Gekko
#93 Posted : Saturday, July 17, 2010 6:31:17 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
@vvs, if you as a bystander saw the imminent collapse of Uchumi, an auditor with access to books must have seen it too. It is the DUTY of auditors to point out risks facing the organisation. The Uchumi auditors are not innocent. I also assume that you also take the view that the Access auditors were innocent when the Somen MD was in bed with Njoroge?
the deal
#94 Posted : Saturday, July 17, 2010 7:41:58 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
James Mwangi is a role model...through Equity Bank he changed the way banking is done in Kenya today..he brought banking to the people...
Gatheuzi
#95 Posted : Saturday, July 17, 2010 8:00:24 PM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
Well I recall this year Equity is not gonna open as many branches. Even more the ones earlier opened will start to break even. I may be too optimistic but a 50 - 60% growth may be in the works.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
youcan'tstopusnow
#96 Posted : Saturday, July 17, 2010 8:55:12 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Gatheuzi wrote:
Well I recall this year Equity is not gonna open as many branches. Even more the ones earlier opened will start to break even. I may be too optimistic but a 50 - 60% growth may be in the works.

I only see around 40 to 45 percent(will be happy with much highersmile ) because though the Kenyan operations are impressive and Southern Sudan doing well, Uganda is still making huge losses
GOD BLESS YOUR LIFE
Gordon Gekko
#97 Posted : Saturday, July 17, 2010 9:34:47 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
@gatheuzi, Equity probably just opened its last and largest branch. Its called MKesho.
youcan'tstopusnow
#98 Posted : Saturday, July 17, 2010 10:49:24 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Gordon Gekko wrote:
@gatheuzi, Equity probably just opened its last and largest branch. Its called MKesho.

GG, true dat. Who needs to visit branches to deposit or withdraw money when you've got M-Kesho?
GOD BLESS YOUR LIFE
PKoli
#99 Posted : Saturday, July 17, 2010 11:27:13 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
I would like to see how Equity branches perform in Ug.
yekeyeke
#100 Posted : Sunday, July 18, 2010 12:14:39 AM
Rank: Member

Joined: 6/4/2008
Posts: 345
For those who would like to know, Uchumi's auditors before the colapse were called PwC.

These guys also and still audit a good number of the listed comapanies on the NSE and are the first of the big four global audit and accounting firms.

Enough said. 20th is tuesday. Wacha tuone mbivu and mbuchi.

All those who think JM is useless and also an auditor....chuma chenu chi motoni.

M-kesho's biggest beneficially is Equity and Safaricom as each transcation will most likly benefit both firms. Read the Mkesho broshure very carefully and forcus on the money making points.
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