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Equity bank collapse: Impact...
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Mainat
#81 Posted : Monday, May 18, 2009 4:00:00 PM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
I am feeling generous and since you are the major Equity bear,state what the bet is and then we can discuss the terms. Else,we can do as per mv...

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Sehemu ndio nyumba
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Kaigangio
#82 Posted : Monday, May 18, 2009 4:01:00 PM
Rank: Elder


Joined: 2/27/2007
Posts: 2,768
@ TB,

...and how long are we going to wait for that all-expenses paid SK re-treat???? aaaiiiii not in the foreseeable future,or am i dreaming???


NEVER TALK OF A RHINO IF THERE IS NO TREE NEAREBY - ZULU PROVERB
...besides, the presence of a safe alone does not signify that there is money inside...
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Tusker Baridi
#83 Posted : Monday, May 18, 2009 4:20:00 PM
Rank: Member


Joined: 12/9/2006
Posts: 186
Same terms and timeframe as mv ufanisi deal(escept for the options),5 years out so summer of 2014,right after the 2012 PEV heat has settled down. And people have to put down their names on which side they are on right now. No fence sitters or defections.




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Tusker Baridi
#84 Posted : Friday, May 22, 2009 8:32:00 AM
Rank: Member


Joined: 12/9/2006
Posts: 186
Where are those Equity cheerleaders now who where predicting over 100% earnings growth. And look at the increase in non-performing lans,up 138% yet provision for NPL down 59%. Bottom line,bank is over-leveraged,hakuna pesa.
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TAZ
#85 Posted : Friday, May 22, 2009 9:22:00 AM
Rank: Elder


Joined: 11/14/2007
Posts: 4,152
TB....

If i were you i would shut up and wait for the Q1 results of all the other banks to be declared. BTW whats your say on Safaricom's reduction in profits this year or better yet DTK's performance?????


life is too short to blend in
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nostoppingthis
#86 Posted : Thursday, December 01, 2011 9:52:35 AM
Rank: Chief


Joined: 8/24/2009
Posts: 5,909
Location: Nairobi
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smano
#87 Posted : Thursday, December 01, 2011 10:12:32 AM
Rank: Elder


Joined: 12/13/2006
Posts: 2,589
A shareholder cannot be viewed suspiciously for diversifying their portfolios e.g. the Mugukus wanted to buy the Stanchart building on Moi Av the article reports. That sounds like a sound investment, no pun intended
BEER IS LIVING PROOF THAT GOD LOVES US AND WANTS US TO BE HAPPY!
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mwanahisa
#88 Posted : Thursday, December 01, 2011 10:15:08 AM
Rank: Elder


Joined: 6/2/2008
Posts: 1,438
I pray for a share price collapse. As to the bank collapsing, lets say this is the usual hogwash, or should I call it horses..t?
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GenghisCapitalLtd
#89 Posted : Thursday, December 01, 2011 10:19:21 AM

Rank: Bona-fide


Joined: 11/2/2011
Posts: 191
Location: Nairobi
No way can this happen smile The government wouldnt allow the biggest bank in the region by customer deposits (6 million last time I checked) to collapse!!
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msimon
#90 Posted : Thursday, December 01, 2011 10:59:29 AM
Rank: New-farer


Joined: 8/23/2010
Posts: 63
Location: Kampala
GenghisCapitalLtd wrote:
No way can this happen smile The government wouldnt allow the biggest bank in the region by customer deposits (6 million last time I checked) to collapse!!

Care to share how the bulk of their bond portfolio was converted from held for trading to held to maturity in just one quarter....20bob for the right answer!
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jamplu
#91 Posted : Thursday, December 01, 2011 11:23:04 AM
Rank: Veteran


Joined: 3/25/2010
Posts: 939
Location: Nai
...i think sometimes people come up with some funny topics here and they cannot support what they are saying. I don't bank with Equity neither do i invest in NSE but talking of equity collapsing is funny!
These guyz had their money tied down to this stock for the last couple of years. They made some good money why not take your profit and invest it somewhere else??
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ngapat
#92 Posted : Thursday, December 01, 2011 1:41:21 PM
Rank: Member


Joined: 12/11/2006
Posts: 884
Then so many other companies are collapsing at NSE. The off loadings seems to across board and not only in equity
“Invest in yourself. Your career is the engine of your wealth.”
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Mainat
#93 Posted : Thursday, December 01, 2011 2:00:41 PM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
Erection time must be near...
Sehemu ndio nyumba
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Mpenzi
#94 Posted : Thursday, December 01, 2011 2:12:44 PM
Rank: Veteran


Joined: 10/17/2008
Posts: 1,234
@nostoppingthis - wishful thinking and you aint the first prophet of doom:

http://www.wazua.co.ke/f...=posts&t=798&p=3
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new investor
#95 Posted : Thursday, December 01, 2011 3:59:58 PM
Rank: Member


Joined: 11/26/2007
Posts: 118
mukiha wrote:
@Generali

I'd choose:

1) Bank with - EQTY [I have seen them easily lend money to and change the lives of several entreprenurs,and I don't like archaic procedures at KCB]

2) Invest in - EQTY [GoK holding in KCB opens it to the risk of interference...as happened in the Moi years]

3) work in - EQTY [working in a growing market leader opens up very many orppotunities for career growth]

Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)


Having worked at KCB and my sister in law at Equity, I would ask you to reconsider that part about working. The reporting time is 7am , KCB is 8am. They close at 5 and 7pm respectively.

As for the salo, an equity teller can earn as much as a KCB sales retainer. My sister in law decided to quit after 1 year.

Again, in KCB there are systems that do not allow anyone to give loans to unqualified people. In fact, the branch manager cannot take the upper hand with clients, always refers them back to the personal banker, or whoever deals with the specific issues.

I have heard different stories about people who can get you fired for following guidelines in other places.
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Kratos
#96 Posted : Thursday, December 01, 2011 4:39:30 PM
Rank: Veteran


Joined: 9/19/2011
Posts: 1,694
What a sensational title! Say you form a company dealing in land. You proceed to acquire 5 acres in Naivasha. You lease the land for farming. The income from farming enables your company to buy more land. After ten years you have made good profits and your land has increased in market value and so now you now have 10 acres from the original 5. So if you sell of the 5 acres that you started with, does it mean the company is doing badly/collapsing?

“People will believe a big lie sooner than a little one, and if you repeat it frequently enough, people will sooner or later believe it.” ― Walter C. Langer
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earthvoice
#97 Posted : Thursday, December 01, 2011 10:56:16 PM
Rank: Member


Joined: 1/29/2011
Posts: 257
Kratos wrote:
What a sensational title! Say you form a company dealing in land. You proceed to acquire 5 acres in Naivasha. You lease the land for farming. The income from farming enables your company to buy more land. After ten years you have made good profits and your land has increased in market value and so now you now have 10 acres from the original 5. So if you sell of the 5 acres that you started with, does it mean the company is doing badly/collapsing?

Tafakari hayo. Think
"All intelligent investing is value investing -- acquiring more than you are paying for. You must value the business in order to value the stock." - Charlie Munger.
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Mainat
#98 Posted : Friday, December 02, 2011 10:07:14 AM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
Laughing out loudly
Two characters that I miss from the old sk are Lyanne (pondi will resurface if she does) and TB who although an irritant was fun to debate with. TB has come back under a different name, but I hope she can still honour this "all-paid-for" retreat in 2014
Sehemu ndio nyumba
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hisah
#99 Posted : Friday, December 02, 2011 10:44:49 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Mainat wrote:
Laughing out loudly
Two characters that I miss from the old sk are Lyanne (pondi will resurface if she does) and TB who although an irritant was fun to debate with. TB has come back under a different name, but I hope she can still honour this "all-paid-for" retreat in 2014

Yep, @TB stepped on many nerves esp when he called the NSE will descend to 4000 post 2007 during those hay days before 2007 nasty elections. That thread was a boiler room Laughing out loudly
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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youcan'tstopusnow
#100 Posted : Friday, December 02, 2011 11:14:41 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
mwanahisa wrote:
I pray for a share price collapse. As to the bank collapsing, lets say this is the usual hogwash, or should I call it horses..t?

Yeah it is amazing how much horse shit some 'respected' Wazuans can spew
GOD BLESS YOUR LIFE
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