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
. 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
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 .
Okay. Kindly explain the under performance bit. What are you comparing with?
In 2015 coop had the second highest growth in profit at 44%. Besides safaricom, Kcb & Equity it had the highest PBT when others are giving profit warnings. Even if the profits are not shared they are still in retained earnings.
May be the problem is your strategy if you wanted dividends.
Just coz of one story on cost management, it doesn't mean thats all they are doing. Revenues have been growing at double digits.
Once the bull run is back you won't regret the patience.