wazua Sat, Mar 21, 2026
Welcome Guest Search | Active Topics | Log In

70 Pages«<2324252627>»
Co-operative Bank fate.. discuss
Options
Previous Topic · Next Topic
VituVingiSana
#241 Posted : Wednesday, November 04, 2015 5:59:19 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Aguytrying wrote:
winmak wrote:
Realtreaty wrote:
Coop is a strong bank, it make use of coins to generate coins.
Co-op Bank eyes diaspora cash in money transfer deal with SimbaPay
It could be the bnk of the year 2015 and its my hope it will be one day the best bank.
The need of office space may see it build the tallest building in Africa somewhere in Nairobi.



Realtreaty and his thing for tall buildings...Laughing out loudly Laughing out loudly Laughing out loudly


Yeah, like the britam tower which is supposed to sky rocket the price to 30's when completed
Britam Tower.
1) Does it belong to Britam or its clients/customers? [Long-term assets under investment plans offered by Britam]
2) Is Britam paying cash or borrowing to build it? [If debt, USD or KES? What rates?]
3) What missed/sacrificed opportunities did Britam trade off? [20% T-Bills, cheap shares eg PER of 8 for KCB, I&M, BBK; PB 0.7 for KenRe; etc]
4) Or could Britam Tower be spun off into a I-REIT?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
Ericsson
#242 Posted : Wednesday, November 04, 2015 6:19:32 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
@VituVingiSana
The britam tower is an asset for investment to generate income for Britam.It belongs to both clients and shareholders.
Britam is using a mixture of debt and cash to build it.They issued a corporate bond last year to partly fund the construction.
Traded off missed opportunities like you have mentioned.
Britam has no plans to spin ot off into an I-REIT
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
Realtreaty
#243 Posted : Wednesday, November 04, 2015 11:41:53 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,386
winmak wrote:
Realtreaty wrote:
Coop is a strong bank, it make use of coins to generate coins.
Co-op Bank eyes diaspora cash in money transfer deal with SimbaPay
It could be the bnk of the year 2015 and its my hope it will be one day the best bank.
The need of office space may see it build the tallest building in Africa somewhere in Nairobi.



Realtreaty and his thing for tall buildings...Laughing out loudly Laughing out loudly Laughing out loudly

Laughing out loudly Laughing out loudly Laughing out loudly @Winmak....I want you to do a survey of how much NSSF building generates per year. This is one of the best investment. NSSF is the largest investor is stocks and owns almost a big chunk in every stock quoted firm in NSE and none- quoted.
I am thinking one dy they will result into own banking arm (aka NSSF Bank of Kenya)
Indian Billionaires come to kenya, buy prime space, set up buildings and sell- see the Delta building by Ambanis in westlands housing IMF and World bank offices. Nssf is ctually the biggest sy largest building in Kenya and east Africa by space.
Back to top
  |
VituVingiSana
#244 Posted : Wednesday, November 04, 2015 11:52:50 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Realtreaty wrote:
winmak wrote:
Realtreaty wrote:
Coop is a strong bank, it make use of coins to generate coins.
Co-op Bank eyes diaspora cash in money transfer deal with SimbaPay
It could be the bnk of the year 2015 and its my hope it will be one day the best bank.
The need of office space may see it build the tallest building in Africa somewhere in Nairobi.



Realtreaty and his thing for tall buildings...Laughing out loudly Laughing out loudly Laughing out loudly

Laughing out loudly Laughing out loudly Laughing out loudly @Winmak....I want you to do a survey of how much NSSF building generates per year. This is one of the best investment. NSSF is the largest investor is stocks and owns almost a big chunk in every stock quoted firm in NSE and none- quoted.
I am thinking one dy they will result into own banking arm (aka NSSF Bank of Kenya)
Indian Billionaires come to kenya, buy prime space, set up buildings and sell- see the Delta building by Ambanis in westlands housing IMF and World bank offices. Nssf is ctually the biggest sy largest building in Kenya and east Africa by space.

NSSF has consistently underperformed the market. If anything, it would have been better off investing in T-Bills than properties.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
Realtreaty
#245 Posted : Friday, November 06, 2015 12:23:10 AM
Rank: Elder

Joined: 8/16/2011
Posts: 2,386
Turnaround, turn upside down etc ...all for profits- Call it the Mackinsey Theory of Profits!!!!


Bravo! Bravo! Now lets see change in Price to tally. This is the time to get in or Never!!!

Co-op profit up 36.5pc as turnaround pays off
Back to top
  |
Realtreaty
#246 Posted : Friday, November 20, 2015 11:06:46 AM
Rank: Elder

Joined: 8/16/2011
Posts: 2,386
The bank is on a growth projectory. It is a bank still not much written about. It holds alot of property in the country apart from being a bigger shreholder in most of the cooperates societies it leads. Though Mwalimu Sacco threatened to move out after buying into Merali Eco-bank majority feel the need to stay to hve wide bearth.
This Co-operative Bank has perfomed great from 1/4, half, 3/4 terms showing it will ofcourse do well the next remining 1/4 which is a month nd a hlf to go. Its time the dividend grew to full number a Ksh 1.0 FY2015.
Brokers have recommended it as buy and investors are buying.
Back to top
  |
streetwise
#247 Posted : Friday, November 20, 2015 11:23:11 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
This seems to be a sells talk ?. Is it by Coop Bank or by a broker ?
Back to top
  |
Emerger
#248 Posted : Friday, November 20, 2015 11:26:41 AM
Rank: New-farer

Joined: 12/1/2014
Posts: 45
Location: Nairobi
Realtreaty wrote:
The bank is on a growth projectory. It is a bank still not much written about. It holds alot of property in the country apart from being a bigger shreholder in most of the cooperates societies it leads. Though Mwalimu Sacco threatened to move out after buying into Merali Eco-bank majority feel the need to stay to hve wide bearth.
This Co-operative Bank has perfomed great from 1/4, half, 3/4 terms showing it will ofcourse do well the next remining 1/4 which is a month nd a hlf to go. Its time the dividend grew to full number a Ksh 1.0 FY2015.
Brokers have recommended it as buy and investors are buying.


@Realtreaty, its Equitorial not Eco, Ecobank is a different entity with a pan african model.

That aside, I concur that Coop is realising the results of its transformation agenda, they have remarkably improved their operation efficiency which is a key driver of low cost of operation thus minimal cost hence increasing their margins as the revenues continues to grow.
Solid bank it appears.
Back to top
  |
Realtreaty
#249 Posted : Friday, November 20, 2015 3:34:11 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,386
Oops, I said Ecobank, Yes Equitorial. Thanks buddy, sharp eyed boy!!!! When is Merali getting a partner for SameerAfrica- Yana? He lied to us.

Emerger wrote:
Realtreaty wrote:
The bank is on a growth projectory. It is a bank still not much written about. It holds alot of property in the country apart from being a bigger shreholder in most of the cooperates societies it leads. Though Mwalimu Sacco threatened to move out after buying into Merali Eco-bank majority feel the need to stay to hve wide bearth.
This Co-operative Bank has perfomed great from 1/4, half, 3/4 terms showing it will ofcourse do well the next remining 1/4 which is a month nd a hlf to go. Its time the dividend grew to full number a Ksh 1.0 FY2015.
Brokers have recommended it as buy and investors are buying.


@Realtreaty, its Equitorial not Eco, Ecobank is a different entity with a pan african model.

That aside, I concur that Coop is realising the results of its transformation agenda, they have remarkably improved their operation efficiency which is a key driver of low cost of operation thus minimal cost hence increasing their margins as the revenues continues to grow.
Solid bank it appears.
Back to top
  |
Realtreaty
#250 Posted : Thursday, December 17, 2015 2:39:27 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,386
With a 31% grwoth in 3/4 year I am looking for money to add more before January. At 18 I still call it a gift. A dividend of 1Ksh is very feasible 2015FY.
Back to top
  |
70 Pages«<2324252627>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.