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14 Pages«<121314
EQUITY vs KCB
cnn
#261 Posted : Thursday, July 06, 2017 9:48:52 AM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,565
2.5billion shillings worth of Equity bank shares changing hands early in today's trading.
obiero
#262 Posted : Thursday, July 06, 2017 10:00:29 AM
Rank: Elder


Joined: 6/23/2009
Posts: 12,851
Location: nairobi
cnn wrote:
2.5billion shillings worth of Equity bank shares changing hands early in today's trading.

Monster volume of over 67m shares
COOP 5,500 ABP12.6; HF 30,000 ABP 5.90; KCB 7,500 ABP 36; KQ 414,100 ABP 7.92
Metasploit
#263 Posted : Thursday, July 06, 2017 10:04:55 AM
Rank: Veteran


Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
obiero wrote:
cnn wrote:
2.5billion shillings worth of Equity bank shares changing hands early in today's trading.

Monster volume of over 67m shares


Local to local trade at 37.50..

Price currently at 37

β€œThe pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Ericsson
#264 Posted : Friday, July 07, 2017 10:57:17 AM
Rank: Elder


Joined: 12/4/2009
Posts: 9,108
Location: NAIROBI
http://kenyanwallstreet....p-1000-global-banks-2017
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#265 Posted : Thursday, November 15, 2018 9:05:11 AM
Rank: Elder


Joined: 12/4/2009
Posts: 9,108
Location: NAIROBI
On a quarter on quarter 2018 comparative analysis of the two;
Equity bank it is follows;
Q1--ksh.8.326bn
Q2--Ksh.7.126bn
Q3--Ksh.6.938bn

KCB Bank
Q1--ksh.7.5bn
Q2--Ksh.9.6bn
Q3--Ksh.8.5bn

Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
the deal
#266 Posted : Thursday, November 15, 2018 9:46:27 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,527
Location: Windhoek/Nairobbery
Ericsson wrote:
On a quarter on quarter 2018 comparative analysis of the two;
Equity bank it is follows;
Q1--ksh.8.326bn
Q2--Ksh.7.126bn
Q3--Ksh.6.938bn

KCB Bank
Q1--ksh.7.5bn
Q2--Ksh.9.6bn
Q3--Ksh.8.5bn


KCB busy massaging it's results...
Ericsson
#267 Posted : Thursday, November 15, 2018 9:47:57 AM
Rank: Elder


Joined: 12/4/2009
Posts: 9,108
Location: NAIROBI
the deal wrote:
Ericsson wrote:
On a quarter on quarter 2018 comparative analysis of the two;
Equity bank it is follows;
Q1--ksh.8.326bn
Q2--Ksh.7.126bn
Q3--Ksh.6.938bn

KCB Bank
Q1--ksh.7.5bn
Q2--Ksh.9.6bn
Q3--Ksh.8.5bn


KCB busy massaging it's results...


Haters wa KCB ni wengi
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
mlennyma
#268 Posted : Thursday, November 15, 2018 10:00:37 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,055
Location: nairobi
the deal wrote:
Ericsson wrote:
On a quarter on quarter 2018 comparative analysis of the two;
Equity bank it is follows;
Q1--ksh.8.326bn
Q2--Ksh.7.126bn
Q3--Ksh.6.938bn

KCB Bank
Q1--ksh.7.5bn
Q2--Ksh.9.6bn
Q3--Ksh.8.5bn


KCB busy massaging it's results...

Give us your true results.
"Don't let the fear of losing be greater than the excitement of winning."
Horton
#269 Posted : Thursday, November 15, 2018 10:05:07 AM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,553
Location: Nairobi
mlennyma wrote:
the deal wrote:
Ericsson wrote:
On a quarter on quarter 2018 comparative analysis of the two;
Equity bank it is follows;
Q1--ksh.8.326bn
Q2--Ksh.7.126bn
Q3--Ksh.6.938bn

KCB Bank
Q1--ksh.7.5bn
Q2--Ksh.9.6bn
Q3--Ksh.8.5bn


KCB busy massaging it's results...

Give us your true results.


😁😁 another conspiracy theory @the deal?
the deal
#270 Posted : Thursday, November 15, 2018 10:17:23 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,527
Location: Windhoek/Nairobbery
Horton wrote:
mlennyma wrote:
the deal wrote:
Ericsson wrote:
On a quarter on quarter 2018 comparative analysis of the two;
Equity bank it is follows;
Q1--ksh.8.326bn
Q2--Ksh.7.126bn
Q3--Ksh.6.938bn

KCB Bank
Q1--ksh.7.5bn
Q2--Ksh.9.6bn
Q3--Ksh.8.5bn


KCB busy massaging it's results...

Give us your true results.


😁😁 another conspiracy theory @the deal?


Laughing out loudly Laughing out loudly Laughing out loudly Total operating income in Q3 2018 grew by a mere 3% y/y... So how the hell did PAT grow by 20% y/y without significant improvement in quality of loan book? Let's wait for FY2018 when auditors look at these shenanigans!
Horton
#271 Posted : Thursday, November 15, 2018 10:42:26 AM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,553
Location: Nairobi
the deal wrote:
Horton wrote:
mlennyma wrote:
the deal wrote:
Ericsson wrote:
On a quarter on quarter 2018 comparative analysis of the two;
Equity bank it is follows;
Q1--ksh.8.326bn
Q2--Ksh.7.126bn
Q3--Ksh.6.938bn

KCB Bank
Q1--ksh.7.5bn
Q2--Ksh.9.6bn
Q3--Ksh.8.5bn


KCB busy massaging it's results...

Give us your true results.


😁😁 another conspiracy theory @the deal?


Laughing out loudly Laughing out loudly Laughing out loudly Total operating income in Q3 2018 grew by a mere 3% y/y... So how the hell did PAT grow by 20% y/y without significant improvement in quality of loan book? Let's wait for FY2018 when auditors look at these shenanigans!


So op expenses down by 1B mainly due to reduced LLP but that was the same with Equity too. Then 0.2B was because of cost cutting. However the biggest gain was from total other income which went up by 1.3B. Not sure what is mystifying there
jmbada
#272 Posted : Thursday, November 15, 2018 11:04:39 AM
Rank: Member


Joined: 1/1/2011
Posts: 393
Horton wrote:
the deal wrote:
Horton wrote:
mlennyma wrote:
the deal wrote:
Ericsson wrote:
On a quarter on quarter 2018 comparative analysis of the two;
Equity bank it is follows;
Q1--ksh.8.326bn
Q2--Ksh.7.126bn
Q3--Ksh.6.938bn

KCB Bank
Q1--ksh.7.5bn
Q2--Ksh.9.6bn
Q3--Ksh.8.5bn


KCB busy massaging it's results...

Give us your true results.


😁😁 another conspiracy theory @the deal?


Laughing out loudly Laughing out loudly Laughing out loudly Total operating income in Q3 2018 grew by a mere 3% y/y... So how the hell did PAT grow by 20% y/y without significant improvement in quality of loan book? Let's wait for FY2018 when auditors look at these shenanigans!


So op expenses down by 1B mainly due to reduced LLP but that was the same with Equity too. Then 0.2B was because of cost cutting. However the biggest gain was from total other income which went up by 1.3B. Not sure what is mystifying there

FY 2018 will come out March 2019.....too long to wait. Unaudited numbers are truly meaningless.
VituVingiSana
#273 Posted : Monday, November 16, 2020 5:34:43 PM
Rank: Chief


Joined: 1/3/2007
Posts: 17,321
Location: Nairobi
From March 2014

VituVingiSana wrote:
I think @mwekezaji has nailed it. Equity has better things to do than be held hostage by bad debtors. I am not sure what portion of the Loan to CCN has been NPL'd but Equity [in 2Q 2014] can write-back the late or unpaid interest and any provisions made.

KCB may make fees, etc from the CCN deal but it comes with headaches as well. And nothing stops Equity for fighting for other (more) profitable business from CCN.

https://www.businessdail...ted-equity-loan-3022610 KCB sues Nairobi County on Sh5 billion defaulted Equity loan
Laughing out loudly Laughing out loudly Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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