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EQUITY H1 RESULTS 2010
yekeyeke
#1 Posted : Tuesday, July 20, 2010 11:49:46 AM
Rank: Member

Joined: 6/4/2008
Posts: 345
This is to tbe Obieros', Mukihas' and Waithakas of this world.

Read below link and weep!!!!!!!!.

Kenya's Equity Bank H1 profit up 46 pct,sees growth

http://www.reuters.com/a...le/idUSLDE66J04F20100720
Pastor M
#2 Posted : Tuesday, July 20, 2010 12:03:32 PM
Rank: Member

Joined: 8/18/2009
Posts: 303
Hongera Equity Bank....Equity Bank is great inspirational for many Kenyans who have seeing the Bank growing by moving against the tides(not doing what other Banks do).We are inspired that Its Possible to grow....and maintain the growth....
mukiha
#3 Posted : Tuesday, July 20, 2010 12:08:32 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
PAT = 3.01b [2009= 2.10b]
Therefore, EPS = 0.81, Forward P/E@24 =14.8

Shareholder's funds = 25.7b [2009 21.1b]
Therefore, NAV = 6.95, P/B@24 = 3.55
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
mukiha
#4 Posted : Tuesday, July 20, 2010 12:32:33 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
[quote=yekeyeke]This is to tbe Obieros', Mukihas' and Waithakas of this world.

Read below link and weep!!!!!!!!.

Kenya's Equity Bank H1 profit up 46 pct,sees growth

http://www.reuters.com/a...e/idUSLDE66J04F20100720[/quote]
@yekeyeke; what have @Obiero, @Wa_ithaka and I got in common?

FYI: I have Equity shares, 15% of my stocks portfolio, so I am quite happy with the results. I will weep tears of joy!!!!
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
Wa_ithaka
#5 Posted : Tuesday, July 20, 2010 12:40:17 PM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
Very strong Q2. Interest income seems to have short up. Good to see the bank is moving into treasuries in a big way (its free money). F&C not as strong, but hopefully we'll see mkesho bounce in Q3 going forward.
I am a happy shareholder.
Hope referendum doesn't spoil the party.
The Governor of Nyeri - 2017
cnn
#6 Posted : Tuesday, July 20, 2010 12:44:12 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
Good results,but would you buy Equity at CURRENT prices?
yekeyeke
#7 Posted : Tuesday, July 20, 2010 12:55:50 PM
Rank: Member

Joined: 6/4/2008
Posts: 345
@mukiha and @ waithaka.

Now that is the spirit. Sio kupiga banki yenu bila sababu. Equity haina makosa.

Sasa, lets see you piga a bank like Equatorial....
mukiha
#8 Posted : Tuesday, July 20, 2010 12:59:10 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
yekeyeke wrote:
@mukiha and @ waithaka.

Now that is the spirit. Sio kupiga banki yenu bila sababu. Equity haina makosa.

Sasa, lets see you piga a bank like Equatorial....

@yekeyeke; you are mistaken. Please remind me when it was that I "pigad" Equity "bila sababu"

You seem to have a grudge against me and I can't figure out why.
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
yekeyeke
#9 Posted : Tuesday, July 20, 2010 1:11:40 PM
Rank: Member

Joined: 6/4/2008
Posts: 345
@ mukiha

Pls refer to your previous posts on Equity Bank.
VituVingiSana
#10 Posted : Tuesday, July 20, 2010 1:18:25 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,351
Location: Nairobi
yekeyeke wrote:
@mukiha and @ waithaka.

Now that is the spirit. Sio kupiga banki yenu bila sababu. Equity haina makosa.

Sasa, lets see you piga a bank like Equatorial....
LOLest... Why Equatorial (except for the kenyatta & merali link? BTW, it is not a public bank...]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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