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Coop Bank - Stocksmaster's 1st Play 2013
Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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VituVingiSana wrote:obiero wrote:Ebenyo wrote:gatoho wrote:So who did @stockmaster become? Key lesson here is that,there is no mastery of this market.Gambling and speculation does not pay.These daily traders and speculators are responsible for price volatility.They act on sentiments and emotions. True. Traders are not good people. Wealthy are those who go long term.. Even with a KES 1 DPS from KQ, I shall take home KES 168,000 as of current shareholding.. There come a time Less 100k. KQ cannot pay a dividend until it has brought the NEGATIVE Equity account back to zero. That's a KES 30bn hole first... 30B to KQ is jus a couple of flights .. The figures sounds big because we think small. Meanwhile COOP headed to 14bob HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,098 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:Ebenyo wrote:gatoho wrote:So who did @stockmaster become? Key lesson here is that,there is no mastery of this market.Gambling and speculation does not pay.These daily traders and speculators are responsible for price volatility.They act on sentiments and emotions. True. Traders are not good people. Wealthy are those who go long term.. Even with a KES 1 DPS from KQ, I shall take home KES 168,000 as of current shareholding.. There come a time Less 100k. KQ cannot pay a dividend until it has brought the NEGATIVE Equity account back to zero. That's a KES 30bn hole first... 30B to KQ is jus a couple of flights .. The figures sounds big because we think small. Meanwhile COOP headed to 14bob @Obiero - While you are confident about KQ filling the 30bn hole... I am worried about the 100k you promised to pay if you lose... Can we place the funds in escrow with a trusted 3rd party? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Ebenyo wrote:gatoho wrote:So who did @stockmaster become? Key lesson here is that,there is no mastery of this market.Gambling and speculation does not pay.These daily traders and speculators are responsible for price volatility.They act on sentiments and emotions. True. Traders are not good people. Wealthy are those who go long term.. Even with a KES 1 DPS from KQ, I shall take home KES 168,000 as of current shareholding.. There come a time Less 100k. KQ cannot pay a dividend until it has brought the NEGATIVE Equity account back to zero. That's a KES 30bn hole first... 30B to KQ is jus a couple of flights .. The figures sounds big because we think small. Meanwhile COOP headed to 14bob @Obiero - While you are confident about KQ filling the 30bn hole... I am worried about the 100k you promised to pay if you lose... Can we place the funds in escrow with a trusted 3rd party? I can pay that cash in advance to yourself ndio uwachane na hii maneno ya bet.. send me your account number, account name and branch HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,098 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Ebenyo wrote:gatoho wrote:So who did @stockmaster become? Key lesson here is that,there is no mastery of this market.Gambling and speculation does not pay.These daily traders and speculators are responsible for price volatility.They act on sentiments and emotions. True. Traders are not good people. Wealthy are those who go long term.. Even with a KES 1 DPS from KQ, I shall take home KES 168,000 as of current shareholding.. There come a time Less 100k. KQ cannot pay a dividend until it has brought the NEGATIVE Equity account back to zero. That's a KES 30bn hole first... 30B to KQ is jus a couple of flights .. The figures sounds big because we think small. Meanwhile COOP headed to 14bob @Obiero - While you are confident about KQ filling the 30bn hole... I am worried about the 100k you promised to pay if you lose... Can we place the funds in escrow with a trusted 3rd party? I can pay that cash in advance to yourself ndio uwachane na hii maneno ya bet.. send me your account number, account name and branch What's your phone number? [No, I am not putting my account number, account name on this forum... there may be Nigerian princes lurking around] Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: User Joined: 1/20/2014 Posts: 3,528
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Surely @obiero and @VituVingiSana this is Coop Bank thread!!!!! There is KQ thread for your type of discussion. Ni hayo tu!!! Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Chief Joined: 1/3/2007 Posts: 18,098 Location: Nairobi
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Othelo wrote:Surely @obiero and @VituVingiSana this is Coop Bank thread!!!!! There is KQ thread for your type of discussion. Ni hayo tu!!! Sawa, if you insist, we will not open the account at @Coop. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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VituVingiSana wrote:Othelo wrote:Surely @obiero and @VituVingiSana this is Coop Bank thread!!!!! There is KQ thread for your type of discussion. Ni hayo tu!!! Sawa, if you insist, we will not open the account at @Coop. LOL. I am out HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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Anyone knows why the share is misfiring soo badly HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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obiero wrote:Anyone knows why the share is misfiring soo badly in a desperate attempt to play as a big brother,co-op bank booked its sister,CIC huge losses.They covered it so secretly they thought no one will know.But it became news. Towards the goal of financial freedom
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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Ebenyo wrote:obiero wrote:Anyone knows why the share is misfiring soo badly in a desperate attempt to play as a big brother,co-op bank booked its sister,CIC huge losses.They covered it so secretly they thought no one will know.But it became news. How big in terms of value.. HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Ebenyo wrote:obiero wrote:Anyone knows why the share is misfiring soo badly in a desperate attempt to play as a big brother,co-op bank booked its sister,CIC huge losses.They covered it so secretly they thought no one will know.But it became news. Interesting.... possunt quia posse videntur
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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CIC made a loss of about sh.340mn in Quarter 1 2016. I mention earlier that coop bank needs to come up with tangible ways of how to grow. Those cost cutting measures are not sustainable. Otherwise Gideon Muriuki needs to relinquish his post as CEO of the bank. He has run out of ideas Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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Ericsson wrote:CIC made a loss of about sh.340mn in Quarter 1 2016. I mention earlier that coop bank needs to come up with tangible ways of how to grow. Those cost cutting measures are not sustainable. Otherwise Gideon Muriuki needs to relinquish his post as CEO of the bank. He has run out of ideas Fresh bloods and new ideas desperately needed for this bank.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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I said here earlier the share price will reach sh.13. Afro sinema continues Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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Ericsson wrote:I said here earlier the share price will reach sh.13. Afro sinema continues 5 shillings more than ipo price . This stock never went beyond 21 . Others like equity have gone up from offer price to 100 .shares doubled after split and came down to 29 and up again.meanwhile this stock oscillates on 10's to 20's.fresh blood needed
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Rank: Member Joined: 1/1/2010 Posts: 511 Location: kandara, Murang'a
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enyands wrote:Ericsson wrote:I said here earlier the share price will reach sh.13. Afro sinema continues 5 shillings more than ipo price . This stock never went beyond 21 . Others like equity have gone up from offer price to 100 .shares doubled after split and came down to 29 and up again.meanwhile this stock oscillates on 10's to 20's.fresh blood needed Discounting 1:5 and 1:6 bonus Foresight..
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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@gatoho Discounting the 1:5 and 1:6 bonus the price comes to 6.78 per share Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,503 Location: nairobi
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obiero wrote:enyands wrote:obiero wrote:obiero wrote:the deal wrote:obiero wrote:Mr. Sulu wrote:obiero wrote:Cde Monomotapa wrote:^We lead, others follow - ROOOARR!! (KCB - At consolidation stage) Simba has underutilised strength.. Meanwhile, banks with much lower asset base are angling for a kill! There is a shift in the market where Coop will emerge second after Equity in next three years Do you have evidence to back it up or is it a hunch? The writing is on the wall Fact: Coop Bank will never overtake KCB in terms of profitability in the next 3yrs...@obiero take that to the bank or your nearest hospital...cos it aint happening...if you think it will...then buy some antiacids... Coop already at number 3. Musical chairs, watch this space. Well maybe 3 yrs is on the shorter side as @deal said, but who else has analysed the NII, asset book, customer numbers.. The writing is on the wall.. www.businessdailyafrica....52/-/qne942/-/index.html Veni, vedi, veci.. @@Obiero I realize you are good at the banking area. You know how and when to get info. Beside the point coop is slowly crawling up top banks in kenya.though it's a solid company their shares have only doubled since they floated the shares in 2008. Hope it will rally one day KCB market share 14.1%, Coop second at 9.83%.. Source CBK.. http://www.nation.co.ke/...37186-1q1bbnz/index.html HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Coop yes has the second largest market share but what is revenue they get from the customers/products. Are the majority of the customers who just receive income at the end of the month and do withdrawals Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,098 Location: Nairobi
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KCB outshines Equity on all metrics but ROE/ROA. So Coop can have all the numbers but profits? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Coop Bank - Stocksmaster's 1st Play 2013
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