My average price (including a purchase made at ksh 200 then) is now 17.89. I'm not complaining. Got some NIC at 29 and no one seems to notice the stealth turbo of this one.

When does Equity announce their results?

Normally they are #1 but last time KCB beat them to the punch. BTW, KCB is also up today to 23/-

@Wa

For Equity, late Feb seems quite late... Before the Uganda acquisition they used to release results in less than 6 weeks (unless I am mistaken)...

Last year they delayed (not late just later than normal) but I wrote that up to the consolidation 'problems' with the takeover of the Uganda locations/business.

I expect most banks will be flat (except StanChart) meaning no more than 10% of 2008 numbers. Considering how 2009 was for banks... even a flat result will be commendable...

Equity will recover but last yr proved JM was human after all. One, the IB-venture was a vanity project since there are very few pure IB deals in Kenya and Equity could happily earn cash of the custody business. As the decision not to write-off more loans in 2008 when it had the artificial high from Safcom's IPO.

VVS- the Q4 numbers were average to bad but they are history and the important thing for you as an investor should be its future prospects.
Ama?