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CoopBank Q1 2011 - Brilliant results
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youcan'tstopusnow
#71 Posted : Wednesday, April 27, 2011 11:12:56 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Now all of a sudden the 'analysts' are expceting the results to resonate across the industry. Bure tu. bdafrica shouldn't report just anything. But then again, they wouldn't be bdarica
GOD BLESS YOUR LIFE
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VituVingiSana
#72 Posted : Thursday, April 28, 2011 12:23:41 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
For Sport wrote:
guru267 wrote:
@vvs you really do believe it would be better to control lending rates as opposed to controlling fuel pricez??


Control neither.
That's my point! Control all or none in a free economy. When you do stuff in half measures, there is rent-seeking.

An investor will say... hey, let's open a bank coz there are NO price controls... but then who will open a price/profit controlled capital intensive petrol/fuel business?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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VituVingiSana
#73 Posted : Thursday, April 28, 2011 12:29:09 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
guru267 wrote:
youcan'tstopusnow wrote:
guru267 wrote:
@vvs you really do believe it would be better to control lending rates as opposed to controlling fuel pricez??

guru, do you support the fuel price controls?

100% agreement. Fuel impacts every part of our life... These days it even generates part of our electricity..
There needs to be control but it should be fair...
@vvs I think you would verify these by analysing how many countries control fuel and the number that regulate lending ratez
Nonsense! Just coz 19/20 say the sun revolves around the earth does not make it so!

The bottomline is that encourage COMPETITION not control it!

Perhaps we should regulate health premiums so Jubilee charges no more than NHIF. Health care affects us even more than petroleum as fuel... Why should Jubilee be allowed to charge more than NHIF?

Can a society survive without petrolem fuel? Yes.
Can a society survive without health care? No.
Can a society survive without 'banking'? No, in my opinion.

Show me any industry or country where price controls have worked perfectly?
[There is always an element of rent-seeking or corruption or shortages]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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  | | Edit by user: Thursday, April 28, 2011 12:31 AM | Reason: Not specified
Cde Monomotapa
#74 Posted : Thursday, April 28, 2011 6:31:07 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Muthawamunene wrote:
I love it. Not only about the results, but because finally people are working hard to analyses performance, give reasoning behind market behavior, outlook and investor actions. It reminds me of why i joined this club. Not to read mindless chatter about how my stock will outdo your stock or some lazy half-comer looking for a tip on where to throw his money. Wazua done good today. Nitanunulia kila mtu Mr.Berry for the upturn, especially you the deal.Applause Applause Applause

Let's keep up the informed investor drive!!
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the deal
#75 Posted : Thursday, April 28, 2011 8:11:15 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Coop will be the outlier this year in terms of perfomance
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The Merchant
#76 Posted : Thursday, April 28, 2011 10:14:26 AM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
Ha HA! This market punishes performers, check out Co-op today. I say the best time to buy KCB (for those who have not already) is next week after Q1 numbers because whether good or bad the stock price will take a hit!
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youcan'tstopusnow
#77 Posted : Thursday, April 28, 2011 10:15:37 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
deal, guess again!
GOD BLESS YOUR LIFE
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gathinga
#78 Posted : Thursday, April 28, 2011 10:21:56 AM
Rank: Veteran

Joined: 11/30/2006
Posts: 635
The Merchant wrote:
Ha HA! This market punishes performers, check out Co-op today. I say the best time to buy KCB (for those who have not already) is next week after Q1 numbers because whether good or bad the stock price will take a hit!


true that
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youcan'tstopusnow
#79 Posted : Thursday, April 28, 2011 10:34:33 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Merchant, that's a myth. What about Scangroup?
Up 25% in 2 weeks! If that is punishing, I won't beg for mercy nikiadhibiwasmile
GOD BLESS YOUR LIFE
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  | | Edit by user: Thursday, April 28, 2011 10:38 AM | Reason: Not specified
mlennyma
#80 Posted : Thursday, April 28, 2011 10:46:00 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Whats wrong with banks?now this one is vomiting yesterdays gains.
"Don't let the fear of losing be greater than the excitement of winning."
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