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Co-operative Bank fate.. discuss
obiero
#431 Posted : Wednesday, June 01, 2016 7:21:27 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
enyands wrote:
Ericsson wrote:
Coop has seriously underperformed since its listing in 2009 @9.50



Listing was done in 2008 when I was still with them. We were coerced/slightly forced into buying them because of potential serious undersubscription.

bought at 6.5 and sold at 21. generalisation isn't good. but indeed the share could do better

KQ ABP 4.26
enyands
#432 Posted : Wednesday, June 01, 2016 7:41:13 AM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
obiero wrote:
enyands wrote:
Ericsson wrote:
Coop has seriously underperformed since its listing in 2009 @9.50



Listing was done in 2008 when I was still with them. We were coerced/slightly forced into buying them because of potential serious undersubscription.

bought at 6.5 and sold at 21. generalisation isn't good. but indeed the share could do better



When was it at 6.5 ???Shame on you iv had this stock since 2008 obiero
obiero
#433 Posted : Wednesday, June 01, 2016 8:42:29 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
enyands wrote:
obiero wrote:
enyands wrote:
Ericsson wrote:
Coop has seriously underperformed since its listing in 2009 @9.50



Listing was done in 2008 when I was still with them. We were coerced/slightly forced into buying them because of potential serious undersubscription.

bought at 6.5 and sold at 21. generalisation isn't good. but indeed the share could do better



When was it at 6.5 ???Shame on you iv had this stock since 2008 obiero

evidence availed in true wazua spirit

http://www.wazua.co.ke/i...tkprofiler.aspx?stkId=67

KQ ABP 4.26
luxel
#434 Posted : Wednesday, June 01, 2016 9:30:42 AM
Rank: Member

Joined: 7/17/2008
Posts: 152
enyands wrote:
mlennyma wrote:
[quote=mkate_nusu]share price taking a serious beating from book closure after effects

this stock is among the poor nse performers compared to its potential talked about it once . Whereas the likes of ity ,kcb and even nbk reached a peak of past 40, 60 and even 150. But this stock has never rallied past 26 or something . Someone will boast of bonus they gave recently but the other pundits in the same business have given bonuses and rallied to over 100, meanwhile coop is struggling with below 20. It's one of the dead stocks.
I still route for regime change in this bank if good things need to happen . These old ideas from old board members need to be shelved . That's how the stock will Start to rally .


Sometimes people express their ignorance without knowing it. What is the meaning of 40, 60 & 150 quoted here? Does it mean if Equity split the share by 10 and start trading at 4 bob it will be under performing? How many listed companies were able to return kshs 15b in 2015 like coop did?
enyands
#435 Posted : Wednesday, June 01, 2016 9:47:13 AM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
luxel wrote:
enyands wrote:
mlennyma wrote:
[quote=mkate_nusu]share price taking a serious beating from book closure after effects

this stock is among the poor nse performers compared to its potential talked about it once . Whereas the likes of ity ,kcb and even nbk reached a peak of past 40, 60 and even 150. But this stock has never rallied past 26 or something . Someone will boast of bonus they gave recently but the other pundits in the same business have given bonuses and rallied to over 100, meanwhile coop is struggling with below 20. It's one of the dead stocks.
I still route for regime change in this bank if good things need to happen . These old ideas from old board members need to be shelved . That's how the stock will Start to rally .


Sometimes people express their ignorance without knowing it. What is the meaning of 40, 60 & 150 quoted here? Does it mean if Equity split the share by 10 and start trading at 4 bob it will be under performing? How many listed companies were able to return kshs 15b in 2015 like coop did?


You must be coop MD Laughing out loudly . You made my night.what I meant is that some shares have been split till for example the 4 shillings you talking of then they rise up again ,pass coop go up again split come back again ,start rising pass coop till they are 40's now .in this case I'm talking about equity . So what ignorance are you talking of? And when I meant 40,60 and 150 I meant different banks . You are the one displaying your impatience to understand.kuwa mpole jamaa.

Don't use strong languages(ignorance) if you don't understand. Ask someone what do you mean by 40,60 150?Sio kuinua mkia juu kama fisi aliyeona mzoga Applause

Even if coop has a return of 150b, I enyands as an investor what I'm I getting in terms of share value ? Capital gain or dividends at the end of the day? If you make 15b and I get nothing as an investor then you can as well call me a flower girl .

Ericsson
#436 Posted : Wednesday, June 01, 2016 9:54:04 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Safaricom and sasini share prices have even caught up with coop.
The MD needs to retire and give the position to someone with new ideas
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
enyands
#437 Posted : Wednesday, June 01, 2016 9:57:54 AM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Ericsson wrote:
Safaricom and sasini share prices have even caught up with coop.
The MD needs to retire and give the position to someone with new ideas



Ericsson that luxel guy will call you ignorant .seems like he has discovered that new word today Laughing out loudly
Ebenyo
#438 Posted : Wednesday, June 01, 2016 10:02:00 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
They tried so hard to frustrate mwalimu sacco from buying equatorial bank but it came to naught.They knew they will suffer with the departure of the giant firm.Luckly mckensey report came in handy to cut costs.How long they will relie on cost cutting measures to grow profits without increasing interest income i dont know.I will know the day they will sell even their own customers to grow profits.
Towards the goal of financial freedom
Ericsson
#439 Posted : Wednesday, June 01, 2016 10:03:12 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Wachana na Luxel he is still enjoying cerelac.
Once he's done he'll get to understand what people are talking about.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Realtreaty
#440 Posted : Wednesday, June 01, 2016 11:13:16 AM
Rank: Elder

Joined: 8/16/2011
Posts: 2,386
enyands wrote:
luxel wrote:
enyands wrote:
mlennyma wrote:
[quote=mkate_nusu]share price taking a serious beating from book closure after effects

this stock is among the poor nse performers compared to its potential talked about it once . Whereas the likes of ity ,kcb and even nbk reached a peak of past 40, 60 and even 150. But this stock has never rallied past 26 or something . Someone will boast of bonus they gave recently but the other pundits in the same business have given bonuses and rallied to over 100, meanwhile coop is struggling with below 20. It's one of the dead stocks.
I still route for regime change in this bank if good things need to happen . These old ideas from old board members need to be shelved . That's how the stock will Start to rally .


Sometimes people express their ignorance without knowing it. What is the meaning of 40, 60 & 150 quoted here? Does it mean if Equity split the share by 10 and start trading at 4 bob it will be under performing? How many listed companies were able to return kshs 15b in 2015 like coop did?


You must be coop MD Laughing out loudly . You made my night.what I meant is that some shares have been split till for example the 4 shillings you talking of then they rise up again ,pass coop go up again split come back again ,start rising pass coop till they are 40's now .in this case I'm talking about equity . So what ignorance are you talking of? And when I meant 40,60 and 150 I meant different banks . You are the one displaying your impatience to understand.kuwa mpole jamaa.

Don't use strong languages(ignorance) if you don't understand. Ask someone what do you mean by 40,60 150?Sio kuinua mkia juu kama fisi aliyeona mzoga Applause

Even if coop has a return of 150b, I enyands as an investor what I'm I getting in terms of share value ? Capital gain or dividends at the end of the day? If you make 15b and I get nothing as an investor then you can as well call me a flower girl .


Liar Liar Liar Ignorance is not a strong word, its in normal use..... I feign ignorance about your discussion.... has nothing to mean you are bad. It means I actually did not understand, like etc
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