Friday, July 27, 2007

Equity up 107% on H1 2006

More to follow....

4 comments:

Kip said...

With Equity realizing another feat in performance against a backdrop of heightened controversy sorrounding its CEO over ownership is no mean achievement. The company's shares went up from the listing price of kshs 70 to above 200 then back to around 80/= after effecting the bonus issue. Nonetheless, its acquisition of CDC 24% share at HF in a rights issue will strenghtens its mortgages lending and supports its recognition as the leading retail lender with over 1.3M customers. Equity still rocks. Read more on
www.fintradecapital.blogspot.com

The Black Mamba said...

Maina,
Someone emailed me an interesting link on equity shenanigans.

Like I said before, the source of the funds used to acquire a stake in HFCK and other reputable companies is questionable. Equity has all the hall marks of a politically correct corporation. It's future hinges on Kibaki's re-election.

MainaT said...

Kip-Equity rocks.

Ssem-If its the famous SK Patel and the very well-informed cashier dossiers, i'll address those in due course.

The Black Mamba said...

Maina, unless you are aware of non-pulic information, don't waste your time on Equity.

The truth will prevail, sooner or later.