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Equity Bank FY 2018 net profit up 5%
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Ebenyo
#61 Posted : Monday, August 19, 2019 8:23:05 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Ericsson wrote:
Share price on free fall




The share price movement today suggests investors are selling Equity to buy KCB because of the 1.00 bob interim dividend.
kcb today clocked 39.85 with a volume of 1,440,000 which was the third highest.
Equity managed a volume of just 386,000 at 38.05.
People want to book the 1 Bob dividend.
Towards the goal of financial freedom
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Ericsson
#62 Posted : Thursday, August 29, 2019 7:55:46 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.bloomberg.co...-unit-as-executives-quit
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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rwitre
#63 Posted : Tuesday, September 17, 2019 1:59:31 PM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
Seems collusion amongst insiders is rampant. Keeps trending for customers loosing their money.

When cases are few and far in between, it can be understandable, chalked up to human error. However how can one bank have so many complaints every other week?
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watesh
#64 Posted : Tuesday, September 17, 2019 3:02:57 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
rwitre wrote:
Seems collusion amongst insiders is rampant. Keeps trending for customers loosing their money.

When cases are few and far in between, it can be understandable, chalked up to human error. However how can one bank have so many complaints every other week?

And its substantial amounts of money disappearing. Reputational risk on this one.
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Ericsson
#65 Posted : Wednesday, September 18, 2019 12:41:21 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
watesh wrote:
rwitre wrote:
Seems collusion amongst insiders is rampant. Keeps trending for customers loosing their money.

When cases are few and far in between, it can be understandable, chalked up to human error. However how can one bank have so many complaints every other week?

And its substantial amounts of money disappearing. Reputational risk on this one.


James Mwangi bado habanduki
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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cyruskulei
#66 Posted : Friday, September 27, 2019 1:11:29 PM
Rank: Member

Joined: 3/9/2010
Posts: 320
Location: kenya
Ericsson wrote:
watesh wrote:
rwitre wrote:
Seems collusion amongst insiders is rampant. Keeps trending for customers loosing their money.

When cases are few and far in between, it can be understandable, chalked up to human error. However how can one bank have so many complaints every other week?

And its substantial amounts of money disappearing. Reputational risk on this one.


James Mwangi bado habanduki



It appears the counter price (dropping) is responding to social media comments. Allegations of money disappearing from customer accounts.

The power of social media cannot be under estimated.

Even Trump knows that.

They either clean/ vet their staff or it will be another monkey.
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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maka
#67 Posted : Sunday, September 29, 2019 4:11:01 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Rebrand is this week?
possunt quia posse videntur
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MaichBlack
#68 Posted : Tuesday, October 01, 2019 9:36:21 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,836
MaichBlack wrote:
MaichBlack wrote:
Some fellow is not even hiding demand! Eish bhane!!

Wameanza kuharibu soko!! And the way I have been accumulating chini ya maji. And I ain't done yet!

Still buying more of these share over the last couple of months. Been buying at between 38/= and 40/=. I have almost doubled my holding in the stock. Still remaining with more to buy of the next couple of weeks to hit my record.

I would have preferred 35/= - 36/= but hey, it is not about timing the market. It is about the time in the market. And I really needed to buy a huge chunk to start playing timing games!

Remaining lot hopefully I buy at a lower price. Probably at a higher one given the demand and supply patterns.

I have have bought so much of Equity Bank shares, I feel like I literally own the Bank!!! Not as a shareholder. As the dude who owns this sh!t!!Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

The buying spree almost coming to an end.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Spikes
#69 Posted : Tuesday, October 01, 2019 9:39:06 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
MaichBlack wrote:
MaichBlack wrote:
MaichBlack wrote:
Some fellow is not even hiding demand! Eish bhane!!

Wameanza kuharibu soko!! And the way I have been accumulating chini ya maji. And I ain't done yet!

Still buying more of these share over the last couple of months. Been buying at between 38/= and 40/=. I have almost doubled my holding in the stock. Still remaining with more to buy of the next couple of weeks to hit my record.

I would have preferred 35/= - 36/= but hey, it is not about timing the market. It is about the time in the market. And I really needed to buy a huge chunk to start playing timing games!

Remaining lot hopefully I buy at a lower price. Probably at a higher one given the demand and supply patterns.

I have have bought so much of Equity Bank shares, I feel like I literally own the Bank!!! Not as a shareholder. As the dude who owns this sh!t!!Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

The buying spree almost coming to an end.

All the best in your investment endeavours.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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MaichBlack
#70 Posted : Tuesday, October 01, 2019 9:49:47 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,836
Spikes wrote:
MaichBlack wrote:
MaichBlack wrote:
MaichBlack wrote:
Some fellow is not even hiding demand! Eish bhane!!

Wameanza kuharibu soko!! And the way I have been accumulating chini ya maji. And I ain't done yet!

Still buying more of these share over the last couple of months. Been buying at between 38/= and 40/=. I have almost doubled my holding in the stock. Still remaining with more to buy of the next couple of weeks to hit my record.

I would have preferred 35/= - 36/= but hey, it is not about timing the market. It is about the time in the market. And I really needed to buy a huge chunk to start playing timing games!

Remaining lot hopefully I buy at a lower price. Probably at a higher one given the demand and supply patterns.

I have have bought so much of Equity Bank shares, I feel like I literally own the Bank!!! Not as a shareholder. As the dude who owns this sh!t!!Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

The buying spree almost coming to an end.

All the best in your investment endevours.

Thanks fellow investor.

I now have significant skin (as @vvs would put it) in this stock. It is receiving bad press and for good reason, but I am a veeeery long term investor. The future is bright! @vvs should lend me a pair of sunglasses!! smile smile smile

I have also gone heavy on Kenya Re.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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