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EQUITY vs KCB
VituVingiSana
#161 Posted : Thursday, August 07, 2014 2:13:59 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,060
Location: Nairobi
heri wrote:
what? i thought some banks do not even lend money against undeveloped land? or is it my bank that refused to lend to me

i hope the guys who borrowed will be able to service the loan
Change your bank to NBK Laughing out loudly Laughing out loudly Laughing out loudly On a serious note, if NBK did lend the money, it is another reason why I am not a NBK shareholder. I'll stick with Equity which put the screws on Nairobi County when CCN defaulted. And thank you to KCB for buying out the defaulted CCN loan from Equity!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Gordon Gekko
#162 Posted : Thursday, August 07, 2014 2:55:51 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
Fomoney wrote:
faa wrote:
heri wrote:
slightly out of the topic but which bank lent one billion against the lamu titles?

is that story really true


NATIONAL BANK


Poor them always getting shaftedSad

It's you getting shafted. As a Kenyan you own 53% of the bank.
hisah
#163 Posted : Thursday, August 07, 2014 3:07:57 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Cartoon alert... KCB is charting a shooting star on the weekly chart at all time highs! Shooting star candle patterns are bearish reversal signs.



I continue to warn guys be careful with the bank stocks...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Othelo
#164 Posted : Thursday, August 07, 2014 3:13:56 PM
Rank: User


Joined: 1/20/2014
Posts: 3,528
Gordon Gekko wrote:
Fomoney wrote:
faa wrote:
heri wrote:
slightly out of the topic but which bank lent one billion against the lamu titles?

is that story really true


NATIONAL BANK


Poor them always getting shaftedSad

It's you getting shafted. As a Kenyan you own 53% of the bank.

Poor them ........ Should be poor us Kenyans! Sad
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
hisah
#165 Posted : Thursday, August 07, 2014 6:21:30 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Off topic a bit, but still relevant due to the NPLs I see in KE banks.

African Bank Investments Limited (Abil) share price in freefall

Quote:
African Bank Investments Limited (Abil) continued to shed value on Thursday, falling over 89% to a low of R0.28.

It recovered to R0.92 over lunch, but had fallen 80.74% to R0.52 by 15:39.


This one is likely going to zero, sufuri, нулевой, zilch, naught etc. That's what you call an ulcers central wipe out utopia!!!

Are there KE banks practising such crazy lending?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
obiero
#166 Posted : Friday, August 15, 2014 6:46:39 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
KCB looks like the winner in this challenge.. Here is evidence

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
obiero
#167 Posted : Friday, August 15, 2014 6:49:47 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
KCB looks like the winner in this challenge.. Here is evidence

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
theking
#168 Posted : Thursday, September 18, 2014 10:25:21 AM
Rank: Member


Joined: 1/25/2010
Posts: 344
Equity 56/= KCB 59/=
Goldilocks Reloaded
#169 Posted : Thursday, September 18, 2014 10:38:46 AM
Rank: Member


Joined: 1/14/2014
Posts: 178
theking wrote:
Equity 56/= KCB 59/=



You can say that again...

Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
streetwise
#170 Posted : Thursday, September 18, 2014 10:40:04 AM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Centum and now equity...kcb is looking like already cooked meat.
Ericsson
#171 Posted : Thursday, September 18, 2014 11:00:29 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,641
Location: NAIROBI
The rally of KCB is coming very soon.The share price will be at ksh.70.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
kasibitta
#172 Posted : Thursday, September 18, 2014 11:28:26 AM
Rank: Member


Joined: 2/7/2014
Posts: 155
Ericsson wrote:
The rally of KCB is coming very soon.The share price will be at ksh.70.



@Ericsson, would it be hard to give the reason for why you think its will get to 70.Emotions?, market sentiments?...or clear fundamentals behind it?.

Ericsson
#173 Posted : Thursday, September 18, 2014 12:38:31 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,641
Location: NAIROBI
Fundamentals
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Wealth Builder
#174 Posted : Thursday, September 18, 2014 12:57:55 PM
Rank: Hello


Joined: 11/7/2012
Posts: 4
Location: Nairobi
Ericsson wrote:
Fundamentals


]Kindly share the fundamentals you are
talking about.
Ericsson
#175 Posted : Thursday, September 18, 2014 1:33:36 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,641
Location: NAIROBI
Profit growth Q3 will reveal
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
jwatesh
#176 Posted : Thursday, September 18, 2014 10:40:42 PM
Rank: Member


Joined: 8/19/2014
Posts: 125
KCB have massive customer deposits growth both in kenya and outside. If they utilize this the same way as Equity does, they can beat Equity a TKO....the big push for mortgages will eat up Housing Finance's market... KCB Insurance another big source of revenue.......Equity need Equitel thin sim to get really boost non-interest revenue and it will be so hard for any other bank to get into this
mlennyma
#177 Posted : Friday, September 19, 2014 8:22:01 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,176
Location: nairobi
Are we going to witness equity and kcb at the same price today?
"Don't let the fear of losing be greater than the excitement of winning."
streetwise
#178 Posted : Friday, September 19, 2014 8:41:51 AM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Very low probability given the number of shares each has in the market. Lets wait and see
theking
#179 Posted : Friday, September 19, 2014 9:54:44 AM
Rank: Member


Joined: 1/25/2010
Posts: 344
the fight continues, though Equity demand is a bit weak


screen capture windows 7
shalishali
#180 Posted : Friday, September 19, 2014 10:04:06 AM
Rank: Member


Joined: 12/15/2009
Posts: 142
Location: Nairobi
I have both shares,and now need some money. Am really in a dilemma on which to dispose off and which to keep for future growth prospects.
UKITAFUTA UKABILA UTAKUFA BILA!
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