wazua Sat, Apr 20, 2024
Welcome Guest Search | Active Topics | Log In | Register

8 Pages123>»
Equity Bank FY 2018 net profit up 5%
Options
Previous Topic · Next Topic
Ericsson
#1 Posted : Tuesday, March 26, 2019 1:32:16 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
We will be announcing the 2018 Full Year Financial results for Equity Group Holdings Plc today, Tuesday 26th March, from 2.30 pm. You can join in the conversation on #Equity2018FYResults
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
Ericsson
#2 Posted : Tuesday, March 26, 2019 3:50:46 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
Equity profits grow to Kshs. 28.5 billion; a profit growth of 6%

5% increase in net profit to Sh.19.8 billion in 2018 up from Sh.18.9billion in 2017

The total assets have grown by 9% from 524.5B in 2017 to 573.4B in 2018 supported by 26% government securities, 6% net loans
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM | Edit by user: Tuesday, March 26, 2019 4:11 PM | Reason: Not specified
Balaa
#3 Posted : Tuesday, March 26, 2019 4:01:21 PM
Rank: Member


Joined: 7/6/2018
Posts: 175
Location: Kinshasa
No sound on the livestreaming!
If it don't make dollars, it don't make sense
Back to top
WWW
 Report Abusive | Report SPAM | Edit by user: Tuesday, March 26, 2019 4:22 PM | Reason: Not specified
young
#4 Posted : Tuesday, March 26, 2019 5:07:32 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
Any dividend declared ?
What is the value ?

Thank you.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
Back to top
 Report Abusive | Report SPAM | Edit by user: Tuesday, March 26, 2019 5:08 PM | Reason: Not specified
xxxxx
#5 Posted : Tuesday, March 26, 2019 5:10:17 PM
Rank: Member


Joined: 3/20/2008
Posts: 503
young wrote:
Any dividend declared ?
What is the value ?

Thank you.


Must be a lousy dividend....otherwise it would have been announced firstLaughing out loudly
Back to top
 Report Abusive | Report SPAM
bartum
#6 Posted : Tuesday, March 26, 2019 5:25:08 PM
Rank: Veteran


Joined: 8/11/2010
Posts: 1,011
Location: nairobi
xxxxx wrote:
young wrote:
Any dividend declared ?
What is the value ?

Thank you.


Must be a lousy dividend....otherwise it would have been announced firstLaughing out loudly

Lousy results
Back to top
WWW
 Report Abusive | Report SPAM
BGL
#7 Posted : Tuesday, March 26, 2019 5:26:10 PM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
bartum wrote:
xxxxx wrote:
young wrote:
Any dividend declared ?
What is the value ?

Thank you.


Must be a lousy dividend....otherwise it would have been announced firstLaughing out loudly

Lousy results


2 bob
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
Back to top
 Report Abusive | Report SPAM
xxxxx
#8 Posted : Tuesday, March 26, 2019 5:31:56 PM
Rank: Member


Joined: 3/20/2008
Posts: 503
BGL wrote:
bartum wrote:
xxxxx wrote:
young wrote:
Any dividend declared ?
What is the value ?

Thank you.


Must be a lousy dividend....otherwise it would have been announced firstLaughing out loudly

Lousy results


2 bob


I knew itLaughing out loudly Laughing out loudly
Back to top
 Report Abusive | Report SPAM
Marthegorgeous
#9 Posted : Tuesday, March 26, 2019 5:40:27 PM
Rank: New-farer


Joined: 12/16/2009
Posts: 34
Location: NAIROBI
The dividend is amazing but lacking grace.
Back to top
 Report Abusive | Report SPAM
FUNKY
#10 Posted : Tuesday, March 26, 2019 5:56:12 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
since last few years they have maintained their dividend to 2/-...they need to raise to ignite a spark.. Regarding results it's a complete shocker they should have posted better
Back to top
 Report Abusive | Report SPAM
Ebenyo
#11 Posted : Tuesday, March 26, 2019 7:15:21 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
Location: Kitale
Equity is taking a cautious approach to business which is good.
Towards the goal of financial freedom
Back to top
 Report Abusive | Report SPAM
xxxxx
#12 Posted : Tuesday, March 26, 2019 7:22:59 PM
Rank: Member


Joined: 3/20/2008
Posts: 503
FUNKY wrote:
since last few years they have maintained their dividend to 2/-...they need to raise to ignite a spark.. Regarding results it's a complete shocker they should have posted better


It shouldn't be a shocker given the run rate as @Obiero observed. But also the piling up of govt paper as opposed to lending isn't so bad given the uncertain environment
Back to top
 Report Abusive | Report SPAM
Angelica _ann
#13 Posted : Tuesday, March 26, 2019 7:24:11 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
Ebenyo wrote:
Equity is taking a cautious approach to business which is good.


Equity abandoned 'us' wananchi to start trading in bills & bonds. Isorite!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top
 Report Abusive | Report SPAM
Ebenyo
#14 Posted : Tuesday, March 26, 2019 8:44:41 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
Location: Kitale
Angelica _ann wrote:
Ebenyo wrote:
Equity is taking a cautious approach to business which is good.


Equity abandoned 'us' wananchi to start trading in bills & bonds. Isorite!!!


@Angelina,they were scared of npls given their core target base.But signs are that cap rate will come to to an end.Then they will return to shiko.
Towards the goal of financial freedom
Back to top
 Report Abusive | Report SPAM
cyruskulei
#15 Posted : Wednesday, March 27, 2019 11:28:35 AM
Rank: Member


Joined: 3/9/2010
Posts: 320
Location: kenya
Ebenyo wrote:
Angelica _ann wrote:
Ebenyo wrote:
Equity is taking a cautious approach to business which is good.


Equity abandoned 'us' wananchi to start trading in bills & bonds. Isorite!!!


@Angelina,they were scared of npls given their core target base.But signs are that cap rate will come to to an end.Then they will return to shiko.


Igathe might be the next CEO for this bank
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
Back to top
 Report Abusive | Report SPAM
Ericsson
#16 Posted : Wednesday, March 27, 2019 12:18:59 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
cyruskulei wrote:
Ebenyo wrote:
Angelica _ann wrote:
Ebenyo wrote:
Equity is taking a cautious approach to business which is good.


Equity abandoned 'us' wananchi to start trading in bills & bonds. Isorite!!!


@Angelina,they were scared of npls given their core target base.But signs are that cap rate will come to to an end.Then they will return to shiko.


Igathe might be the next CEO for this bank


That was already known and predicted here the moment he was appointed
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
nairobby
#17 Posted : Wednesday, March 27, 2019 12:48:26 PM
Rank: Member


Joined: 1/18/2019
Posts: 185
Location: kenya
cyruskulei wrote:
Ebenyo wrote:
Angelica _ann wrote:
Ebenyo wrote:
Equity is taking a cautious approach to business which is good.


Equity abandoned 'us' wananchi to start trading in bills & bonds. Isorite!!!


@Angelina,they were scared of npls given their core target base.But signs are that cap rate will come to to an end.Then they will return to shiko.


Igathe might be the next CEO for this bank


Isn't Igathe the MD for the Kenya operation? King James heads the overall group now.
Back to top
 Report Abusive | Report SPAM
watesh
#18 Posted : Wednesday, March 27, 2019 1:58:26 PM
Rank: Veteran


Joined: 8/10/2014
Posts: 953
Location: Kenya
cyruskulei wrote:
Ebenyo wrote:
Angelica _ann wrote:
Ebenyo wrote:
Equity is taking a cautious approach to business which is good.


Equity abandoned 'us' wananchi to start trading in bills & bonds. Isorite!!!


@Angelina,they were scared of npls given their core target base.But signs are that cap rate will come to to an end.Then they will return to shiko.


Igathe might be the next CEO for this bank

Igathe has been let to head the Kenyan subsidiary. From what I see, I think James is grooming Mary Wamae to take over after his final contract is over. She is currently group director overseeing subsidiaries after being a long-serving director of strategy and also appears to be second in command.
Back to top
WWW
 Report Abusive | Report SPAM
VituVingiSana
#19 Posted : Thursday, March 28, 2019 9:29:42 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,050
Location: Nairobi
FUNKY wrote:
since last few years they have maintained their dividend to 2/-...they need to raise to ignite a spark.. Regarding results it's a complete shocker they should have posted better

Equity could need the funds to fund the new and growing businesses eg DRC. I prefer firms pay low dividends to Rights Issues.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#20 Posted : Thursday, March 28, 2019 9:32:39 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,050
Location: Nairobi
Angelica _ann wrote:
Ebenyo wrote:
Equity is taking a cautious approach to business which is good.


Equity abandoned 'us' wananchi to start trading in bills & bonds. Isorite!!!
GoK doesn't default on T-Bonds. Yet. smile
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest
8 Pages123>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2024 Wazua.co.ke. All Rights Reserved.