The blowing wind tells me that the stock price is moving to 22 by September 30 2016.
I will never put my money to young life who spend without care where the money came from.
These old men we say are tired own several biz and have ample experience and responsibility than school leavers.
Facebook Zukerberg depends on old knowledge. Have anyone seen who are the shareholders at Facebook? The young faces are just "Show pieces"to encourage the young move to that direction.

@Realtreaty I have maintained that old folks provide leadership and youthful ones offer management. No way we can run entities without involving everybody onboard. Directorship 75% give it old experienced men and women. Equally management 75% allow slots to young blood with latest knowledge on global perspective .

@Realtreaty you are wrong ,when man Gideon took leadership of that bank in 2001 he was 35. He is 50 now,.not that old!!. You can try imagine yes he was young then ,but ideas have changed but people rarely change.The way he entered the bank when he was 35 is how he views the bank till right now AND to make the matter worse ,the board of directors who were in their 60's then are even 75 now. Now try imagine the kind of ideas propping from that board room NOW!!!!!


Someone mentioned DJ.he is smart .he is in his late 60 but he sorrounds himself with young guys like the ceo. He let's the young man in his 30 run the show. He is there to give is old time experience .the young man is there to give his new time ideas. I'm not a fan of him but I love the structure of the board .
But should there be a young blood who is fresh from outside,he will bring new ideas and new changes. Just like your parents,some parents want to bring up children according to how they were brought up in the 40's,dress up like in the 40s, reason like in the 40s,believe every kid should be a doctor like in the 40s.The children would prefer to hang out with their younger aunts or uncles (brothers or sisters to their father or mum)because they regard them as more cool and more dotcom than the parents check even with you .

Back to my point the MD should mentor someone when he was in his mid 40's even for 5 years and hand over the mantle. Lakini hii Tamaa itauwa. Follow a Nelson Mandela leadership. BUT as Africa. ....man loosing a salary of 2m,interest of 2% housing , all loans pegged at 2%, 40m bonus every year and you tell me let go?Hapana

Ni hayo tu

New ideas is needed here .look at leaders who have been in power for long, Museveni,mugabe,moi, nyerere, mobutu, El Bashir , mubarak ..they rarely changed with changing world .when magufuli came in do you see changes in Tanzania? I'll let you answer that..

Having said that ,coop has few ideas how to grow books .apart from giving south Sudanese govt 51% stake in coop bank sudan ,and cost cuttings like stationery and retrenching staff running into billions there is no tangible ideas to grow books

And that's the sole reason why this stock will never rally. It's always between 9 and 23 .if you compare with the likes of equity they have gone up , split and gone up again . So we are here to make money not to be loyal.Just change management kidogo and you will see what can happen

Where i want the stock to be now , I would e happy with this bear if it will tally with the other peers at 40's. It's been almost 10 years since they listed

Correction had a typo mix up cooperative bank owns 51% of coop bank SS AND SS government owns 49%.
But the rest about stationery cuts and retrenching staff remains the same

"""Kenya’s Co-operative Bank has made it first investment outside the country, taking up a 51 percent stake in its South Sudan subsidiary with the South Sudan Government holding the remaining 49 percent stake.
The deal which was revealed by the banks Managing Director Gideon Muriuki entails a greenfield joint venture worth 1.2 billion shillings ($15 million) with the government of South Sudan."""