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Co-operative Bank Kenya 2.6bn insider trading scandal
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Co-operative Bank Kenya 2.6bn insider trading scandal
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Ericsson
#91
Posted :
Monday, June 20, 2016 4:54:16 PM
Rank: Elder
Joined: 12/4/2009
Posts: 10,836
Location: NAIROBI
@enyands
Whos is there to take the loans.Is it the same young people who are being despised.
Old people let them remain at the board and young people in management is the key globally.
The young people of today are the entrepreneurs of tomorrow.This is a segment coop bank has neglected.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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streetwise
#92
Posted :
Monday, June 20, 2016 4:55:25 PM
Rank: Veteran
Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
You will be surprised most people do not understand the books whether old or young.
Governance is what will help
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Ericsson
#93
Posted :
Monday, June 20, 2016 4:56:31 PM
Rank: Elder
Joined: 12/4/2009
Posts: 10,836
Location: NAIROBI
@streetwise;
That's true.
If you look at the management of coop people with that mentality of good governance hakuna.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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enyands
#94
Posted :
Monday, June 20, 2016 5:08:11 PM
Rank: Elder
Joined: 12/25/2014
Posts: 2,301
Location: kenya
Ericsson wrote:
@streetwise;
That's true.
If you look at the management of coop people with that mentality of good governance hakuna.
So how about the bank go like DJ Style.
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enyands
#95
Posted :
Monday, June 20, 2016 5:10:12 PM
Rank: Elder
Joined: 12/25/2014
Posts: 2,301
Location: kenya
streetwise wrote:
You will be surprised most people do not understand the books whether old or young.
Governance is what will help
There is more chance of a young man understanding a little bit than old timers.most people did business education skill BED in primary or hata secondary than old timers wa shule ya "gumbaru" though I agree with you streetwise kinda but chances is what varies
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mkate_nusu
#96
Posted :
Friday, August 19, 2016 1:41:08 PM
Rank: Member
Joined: 5/30/2016
Posts: 332
Location: Kayole
Ebenyo wrote:
Ericsson wrote:
The effects will start being felt in the share price;expect more downslide starting next week.
@Ebenyo
The effects of the loan will start being felt in the Q3 results
Gedion Muriuki will start asking what really bite him.
@Ericsson you are a prophet
KEGN, KPLC, KQ, SCOM
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mkate_nusu
#97
Posted :
Friday, August 19, 2016 9:10:03 PM
Rank: Member
Joined: 5/30/2016
Posts: 332
Location: Kayole
enyands wrote:
Boris Boyka wrote:
Ericsson wrote:
@enyands
Haina shida ata Kimunya alisema he'd rather die than resign.But he resigned even before his death was near.
Ata Gideon when the pressure will become too much ataenda.
Kampuni sio ya mama yako
Kimunya faced wrath of the public headed by Khalwale. Who will spearhead Gideon must go? Shareholders? I highly doubt. It's very difficult to rally shareholders in these companies. The majority shareholders and Directors have their interests catered for.
boris I agree. someone like GM is almost one the largest single shareholder of the company followed by the chairman. how can he vote against himself? unless atoke kwa hiari yaani goodwill. otherwise there is no one to exert pressure on GM to resign
This should be trading sub IPO price
Co-op Bank’s new millionaires
Cooperative Bank’s share sale, which came in the wake of low investor confidence and earned the dubious distinction of being the first IPO to be undersubscribed in three years, still created a dozen and a half multi-millionaires – confirming the stock market’s position as the shortest route to legal fortunes in a budding economy such as Kenya’s.
It has now emerged that senior employees of the bank and members of its board became instant multi-millionaires following the listing that took place
KEGN, KPLC, KQ, SCOM
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enyands
#98
Posted :
Friday, August 19, 2016 9:45:53 PM
Rank: Elder
Joined: 12/25/2014
Posts: 2,301
Location: kenya
mkate_nusu wrote:
enyands wrote:
Boris Boyka wrote:
Ericsson wrote:
@enyands
Haina shida ata Kimunya alisema he'd rather die than resign.But he resigned even before his death was near.
Ata Gideon when the pressure will become too much ataenda.
Kampuni sio ya mama yako
Kimunya faced wrath of the public headed by Khalwale. Who will spearhead Gideon must go? Shareholders? I highly doubt. It's very difficult to rally shareholders in these companies. The majority shareholders and Directors have their interests catered for.
boris I agree. someone like GM is almost one the largest single shareholder of the company followed by the chairman. how can he vote against himself? unless atoke kwa hiari yaani goodwill. otherwise there is no one to exert pressure on GM to resign
This should be trading sub IPO price
Co-op Bank’s new millionaires
Cooperative Bank’s share sale, which came in the wake of low investor confidence and earned the dubious distinction of being the first IPO to be undersubscribed in three years, still created a dozen and a half multi-millionaires – confirming the stock market’s position as the shortest route to legal fortunes in a budding economy such as Kenya’s.
It has now emerged that senior employees of the bank and members of its board became instant multi-millionaires following the listing that took place
Yes and when I made noise ,some wazuans here said why I'm I so negative about this share?now you know why ....
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obiero
#99
Posted :
Friday, August 19, 2016 9:57:18 PM
Rank: Elder
Joined: 6/23/2009
Posts: 14,476
Location: nairobi
Among all Kenyan listed banks,Coop has the second lowest default rate relative to its size.. People should chill
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Realtreaty
#100
Posted :
Saturday, August 20, 2016 12:14:11 AM
Rank: Elder
Joined: 8/16/2011
Posts: 2,419
He is just an Owl. Twakemea yeye na njia zake panda.
Co-op on the rise and those out will cry when I love althrough to the bank. I indicate positive happenings which came to be. Lets wait FY2016
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