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Equity train run out of coal? Nay Q1 results up seriously
MaichBlack
#61 Posted : Thursday, May 20, 2010 4:49:58 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,840
Kesh! wrote:
..equity has been under so much suspicion. As some stand aside and look wengine wana get mbele. Just missed it anyone think i can get a chance to enter at 19 bob?will it come back?


I doubt. Sub 20 might be a tall order. But then again this is the NSE.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
egitau
#62 Posted : Friday, May 21, 2010 5:52:35 AM
Rank: Member

Joined: 10/11/2009
Posts: 25
MuMember Bank is serious.Guys are already lining up in banking halls to sign up for the M-KESHO and advertising of the same has not started.LoL!
Knowledge Is Power But Action Get Things Done
Gordon Gekko
#63 Posted : Friday, May 21, 2010 8:19:05 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Let the mu-members line up at the banking halls as I line up waiting for the cap gains!!!! Don't you just love capitalism?
the deal
#64 Posted : Friday, May 21, 2010 8:39:42 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@GG where do u bank??? probably BBK,CFC...or STRD CHAT...local is lekker(local is nice)...
Gordon Gekko
#65 Posted : Friday, May 21, 2010 9:09:42 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
@the deal, none of the above. Mimi member wa I&M, savings account, maintain minimum balance at 10k, no ledger fees. It also comes with a cheque book. Also have a KCB savings account, for nostalgic reasons
sheep
#66 Posted : Friday, May 21, 2010 9:16:52 AM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
What effect will this M-KESHO have on the bottomline? Who knows,where are the numbers?
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
Wa_ithaka
#67 Posted : Friday, May 21, 2010 9:21:40 AM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
My take is M-kesho will be a source of commission income for Equity i.e. several pennies per Ksh1 transacted through its hallowed branch halls.
The Governor of Nyeri - 2017
Scubidu
#68 Posted : Friday, May 21, 2010 10:12:24 AM
Rank: Veteran

Joined: 9/4/2009
Posts: 700
Location: Nairobi
@Wa_ithaka. I agree. It sounds like commissions period & funny how the idea is that they should profit from their own innovation, but shouldn't there be a limit (it's not bordering on exploitation, nah...). It's a good service and good money to be made. I think if this goes on Equity could cover all its operating expenses from non funded income alone, wouldn't that be the charm when you're lending to poor folk at 17% plus.
“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
Wa_ithaka
#69 Posted : Friday, May 21, 2010 10:17:14 AM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
@Scubidu, that is why one of my burning ambitions is to own/open a bank.
Its the easiest way known to man of minting money and it doesn't help I am a gikuyu.

As long as you don't engage in tomfoolery
The Governor of Nyeri - 2017
MaichBlack
#70 Posted : Friday, May 21, 2010 10:26:32 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,840
Wa_ithaka wrote:
@Scubidu, that is why one of my burning ambitions is to own/open a bank.
Its the easiest way known to man of minting money and it doesn't help I am a gikuyu.

As long as you don't engage in tomfoolery


Try Investment baking. You convince a fellow to buy a stock at 100/= - you make 2.1%. It falls to 80/=, you convince him to average down - you make another 2.1%. The share falls to 60/=, he gets totally pissed of and sells everything, and - you guessed it - you make another 2.1%. And that's even before you start stealing from him and trading using his money. Laughing out loudly Laughing out loudly Laughing out loudly
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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