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CoopBank Q1 2011 - Brilliant results
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mwanahisa
#1 Posted : Wednesday, April 27, 2011 9:44:48 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
News just in. CoopBank have released Q1 2011 results with an EPS of 0.47 against 0.30 in 2010.

The momentum just got faster as far as The Cooperative Bank is concerned. What recession they ask?

PAT increased from 1.04 B to 1.64 B(UP 57.7%)

PBT increased from 1.3 B to 2.04 B (UP 57.4%)

Beautiful set of results.
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  | | Edit by user: Wednesday, April 27, 2011 10:07 AM | Reason: More info.
Burning Spear
#2 Posted : Wednesday, April 27, 2011 9:47:37 AM
Rank: Veteran

Joined: 7/22/2008
Posts: 1,139
mwanahisa wrote:
News just in. CoopBank have released Q1 2011 results with an EPS of 0.47 against 0.30 in 2010.

The momentum just got faster as far as The Cooperative Bank is concerned. What recession they ask?


put the link please.I have been holding my breath to see what Q 1 will bring in the financials
"You're not supposed to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who says it". Malcolm X
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Cde Monomotapa
#3 Posted : Wednesday, April 27, 2011 9:52:54 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Ai Caramba!! Let the games begin!
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mwanahisa
#4 Posted : Wednesday, April 27, 2011 10:02:14 AM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
I am afraid I do not have the link. It has not yet been posted on to the NSE or even on the Coop Bank website. I just got it through my mail. I will try and upload onto a file sharing website.

Burning Spear wrote:
mwanahisa wrote:
News just in. CoopBank have released Q1 2011 results with an EPS of 0.47 against 0.30 in 2010.

The momentum just got faster as far as The Cooperative Bank is concerned. What recession they ask?


put the link please.I have been holding my breath to see what Q 1 will bring in the financials
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QW25071985
#5 Posted : Wednesday, April 27, 2011 10:04:15 AM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
link iko wapi.wawawawwa !!!!!!!! i need to study those results...i have a ton of co-op shares and they arent moving...nkt. nkt.
but co-op is used to double digits growth whats the hula balu about ?????? as for kcb if they pull a double digit growth manna will fall from the sky...Laughing out loudly Laughing out loudly
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VituVingiSana
#6 Posted : Wednesday, April 27, 2011 10:04:52 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,358
Location: Nairobi
Impressive. The NIM jumped huge!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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guru267
#7 Posted : Wednesday, April 27, 2011 10:08:37 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
QW25071985 wrote:
link iko wapi.wawawawwa !!!!!!!! i need to study those results...i have a ton of co-op shares and they arent moving...nkt. nkt.
but co-op is used to double digits growth whats the hula balu about ?????? as for kcb if they pull a double digit growth manna will fall from the sky...Laughing out loudly Laughing out loudly

Now wait for KCB and eat your words
Mark 12:29
Deuteronomy 4:16
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Burning Spear
#8 Posted : Wednesday, April 27, 2011 10:22:37 AM
Rank: Veteran

Joined: 7/22/2008
Posts: 1,139
and Equity will pull a big one
"You're not supposed to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who says it". Malcolm X
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mlennyma
#9 Posted : Wednesday, April 27, 2011 10:23:31 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
The 1st listed bank to pull the trigger has not disappointed.kenya is a great economy despite the politics,inflation and drought.
"Don't let the fear of losing be greater than the excitement of winning."
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youcan'tstopusnow
#10 Posted : Wednesday, April 27, 2011 10:24:28 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Anyone with the dates of when other banks will announce please post the dates.
erifloss uko wapi? These are ''very good'' results according to your criteria. I said a couple of banks will pull off above 50 percent growth. Co-op was the first. Not the last
GOD BLESS YOUR LIFE
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