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Equity Bank HY 2015 net profit up 12%
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watesh
#31 Posted : Wednesday, September 09, 2015 6:32:25 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
Members value is now 30b ahead of KCB, i wonder what is driving the surge in price
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moneydust
#32 Posted : Wednesday, September 09, 2015 6:38:08 PM
Rank: Member

Joined: 1/31/2007
Posts: 304
watesh wrote:
Members value is now 30b ahead of KCB, i wonder what is driving the surge in price

I believe people buying now are using some insider information..probably on the recently launched Equitel.Otherwise this is totally inexplicable...
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mlennyma
#33 Posted : Wednesday, September 09, 2015 6:52:37 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
moneydust wrote:
watesh wrote:
Members value is now 30b ahead of KCB, i wonder what is driving the surge in price

I believe people buying now are using some insider information..probably on the recently launched Equitel.Otherwise this is totally inexplicable...

I don't expect much from October, September will be the peak.
"Don't let the fear of losing be greater than the excitement of winning."
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watesh
#34 Posted : Wednesday, September 09, 2015 6:59:33 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
moneydust wrote:
watesh wrote:
Members value is now 30b ahead of KCB, i wonder what is driving the surge in price

I believe people buying now are using some insider information..probably on the recently launched Equitel.Otherwise this is totally inexplicable...

Maybe its the DRC deal fully complete or Equitel is moving high numbers
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mlennyma
#35 Posted : Wednesday, September 09, 2015 7:04:57 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
watesh wrote:
moneydust wrote:
watesh wrote:
Members value is now 30b ahead of KCB, i wonder what is driving the surge in price

I believe people buying now are using some insider information..probably on the recently launched Equitel.Otherwise this is totally inexplicable...

Maybe its the DRC deal fully complete or Equitel is moving high numbers

whatever progress, the market is not vibrant to warrant emotional buying
"Don't let the fear of losing be greater than the excitement of winning."
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Aguytrying
#36 Posted : Wednesday, September 09, 2015 7:50:08 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
It's a rebound.
@mlennyma. True those two's share price never meet. I think it's equity that will have to go down
The investor's chief problem - and even his worst enemy - is likely to be himself
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mlennyma
#37 Posted : Tuesday, September 15, 2015 10:57:27 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Now this equity rally is catching my attention given the bearish market mood,let's dig the news behind or even the euphoria
"Don't let the fear of losing be greater than the excitement of winning."
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Aguytrying
#38 Posted : Tuesday, September 15, 2015 11:36:07 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
mlennyma wrote:
Now this equity rally is catching my attention given the bearish market mood,let's dig the news behind or even the euphoria


With the same strength it should come back down. Even when slaughtering a bull, some legs kick violently even when its clearly dead
The investor's chief problem - and even his worst enemy - is likely to be himself
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mlennyma
#39 Posted : Tuesday, September 15, 2015 11:57:41 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Aguytrying wrote:
mlennyma wrote:
Now this equity rally is catching my attention given the bearish market mood,let's dig the news behind or even the euphoria


With the same strength it should come back down. Even when slaughtering a bull, some legs kick violently even when its clearly dead

smile smile
"Don't let the fear of losing be greater than the excitement of winning."
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Sir invest
#40 Posted : Tuesday, September 15, 2015 1:05:29 PM
Rank: Member

Joined: 8/19/2015
Posts: 125
I said earlier that 37 was the best entry point and the reason for this rally;
1) i opine there will be massive profit for year 2015 following its cost reduction mechanisms employed recently among them ,going paperless across all branches, staff cost reduction.
2) The planned RIGHT ISSUE which of course will be at a discount will be a plus to the existing shareholder.
3) Remember Divided is "guaranteed".
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