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CoopBank Q1 2011 - Brilliant results
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mlennyma
#11 Posted : Wednesday, April 27, 2011 10:26:05 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Equity is one bank which was highly inclined to gvt bonds.
"Don't let the fear of losing be greater than the excitement of winning."
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youcan'tstopusnow
#12 Posted : Wednesday, April 27, 2011 10:28:08 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Seems the market has got wind of the results. A high of 18.70. deal, banks will not make you money in 2011!
GOD BLESS YOUR LIFE
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VituVingiSana
#13 Posted : Wednesday, April 27, 2011 10:29:58 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
mlennyma wrote:
The 1st listed bank to pull the trigger has not disappointed.kenya is a great economy despite the politics,inflation and drought.
Or they are exploiting us... Funny, that when OMCs make a low ROA but prices of fuel go up... all are up in arms yet Kenya's largest OMC makes far less in 1 year than Barclays or Equity does in 1 quarter....

KK 1.77bn during entire 2010
Co-op 1.64bn in 1Q 2011
I expect Equity & KCB PAT to be even higher!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Cde Monomotapa
#14 Posted : Wednesday, April 27, 2011 10:30:03 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Matter of fact Qw...KCB will be triple digit.
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youcan'tstopusnow
#15 Posted : Wednesday, April 27, 2011 10:30:39 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
mlennyma wrote:
Equity is one bank which was highly inclined to gvt bonds.

I think the results will still be great
GOD BLESS YOUR LIFE
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youcan'tstopusnow
#16 Posted : Wednesday, April 27, 2011 10:33:51 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VituVingiSana wrote:
mlennyma wrote:
The 1st listed bank to pull the trigger has not disappointed.kenya is a great economy despite the politics,inflation and drought.
Or they are exploiting us... Funny, that when OMCs make a low ROA but prices of fuel go up... all are up in arms yet Kenya's largest OMC makes far less in 1 year than Barclays or Equity does in 1 quarter....

Laughing out loudlyLaughing out loudlyLaughing out loudly VVS, mafuta ni muhimu! I humbly suggest that people should stack their portfolios with banks. THIS IS THE DECADE OF THE BANKS!
GOD BLESS YOUR LIFE
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mlennyma
#17 Posted : Wednesday, April 27, 2011 10:34:25 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Hahaha.,and what is money if this is not money?i said some analysts are earning salaries illegally...if i knew this guy i would use this money to buy him lunch.
"Don't let the fear of losing be greater than the excitement of winning."
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youcan'tstopusnow
#18 Posted : Wednesday, April 27, 2011 10:36:08 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Kweli people were waiting for this results. So many people are 'peeping' into this threadsmile
GOD BLESS YOUR LIFE
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VituVingiSana
#19 Posted : Wednesday, April 27, 2011 10:36:12 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
youcan'tstopusnow wrote:
VituVingiSana wrote:
mlennyma wrote:
The 1st listed bank to pull the trigger has not disappointed.kenya is a great economy despite the politics,inflation and drought.
Or they are exploiting us... Funny, that when OMCs make a low ROA but prices of fuel go up... all are up in arms yet Kenya's largest OMC makes far less in 1 year than Barclays or Equity does in 1 quarter....

Laughing out loudlyLaughing out loudlyLaughing out loudly VVS, mafuta ni muhimu! I humbly suggest that people should stack their portfolios with banks. THIS IS THE DECADE OF THE BANKS!
I support free markets but if we are going for price controls then start with banks! Let the lending & savings rates be 'fixed' through a fair formula so banks will have to be more efficient on how they deliver services.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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youcan'tstopusnow
#20 Posted : Wednesday, April 27, 2011 10:40:22 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Now to those who were comparing GIRO to listed banks, please don't do that again.
GOD BLESS YOUR LIFE
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