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Co-op Bank HY16
VituVingiSana
#11 Posted : Thursday, August 18, 2016 12:08:28 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Is Coop tossing good money after bad in South Sudan?
http://www.businessdaily...48488-osgt85z/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#12 Posted : Thursday, August 18, 2016 6:52:22 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
[quote=VituVingiSana]Is Coop tossing good money after bad in South Sudan?
http://www.businessdaily...8488-osgt85z/index.html[/quote]

Co-op and and Equity report profit increases year in year out without improving customer experience. Their transaction charges are exorbitant. Their banking halls have long queues and look like cattle trading floors. Good banks like Chase go burst.

Kenyans are peculiar.
Life is short. Live passionately.
obiero
#13 Posted : Thursday, August 18, 2016 7:37:33 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,223
Location: nairobi
VituVingiSana wrote:
obiero wrote:
winmak wrote:
hisah wrote:
murchr wrote:
Wao! its so silent in here

Interest rate bill has spooked the market to shun "dirty" financials. Perfect. The return of the pendulum will be strong. Waiting for one more sharp flash down and the tide swings back with power.


Finally some optimism

NIC bank have released their results at night similar to the swearing in ceremony held some years back

Results should not be released during the trading session [9.30am to 3pm] but before or after the session. I prefer AFTER so there's time to review the results before the next trading session. The results for NIC were released before 5pm so this night you talk about is nonsense.

LOL. Take a chill pill. U must get very little intimacy hence the aggression

VituVingiSana
#14 Posted : Thursday, August 18, 2016 10:10:02 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
obiero wrote:
winmak wrote:
hisah wrote:
murchr wrote:
Wao! its so silent in here

Interest rate bill has spooked the market to shun "dirty" financials. Perfect. The return of the pendulum will be strong. Waiting for one more sharp flash down and the tide swings back with power.


Finally some optimism

NIC bank have released their results at night similar to the swearing in ceremony held some years back

Results should not be released during the trading session [9.30am to 3pm] but before or after the session. I prefer AFTER so there's time to review the results before the next trading session. The results for NIC were released before 5pm so this night you talk about is nonsense.

LOL. Take a chill pill. U must get very little intimacy hence the aggression

@Obiero - Seems Ngunze hasn't paid you this week...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#15 Posted : Thursday, August 18, 2016 3:53:22 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
Co-op bank approaching the key 14 per share mark
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Pesa Nane
#16 Posted : Tuesday, October 04, 2016 3:12:42 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Coop nets BAT
Pesa Nane plans to be shilingi when he grows up.
hisah
#17 Posted : Tuesday, October 04, 2016 3:50:48 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
hisah wrote:
murchr wrote:
Wao! its so silent in here

Interest rate bill has spooked the market to shun "dirty" financials. Perfect. The return of the pendulum will be strong. Waiting for one more sharp flash down and the tide swings back with power.

This was posted on Aug 17th just before the interest rate cap bill signing, which resulted in the sharp flash down I was expecting as bank stocks got clobbered into the pit.

It should get interesting going forward if the double bottom is pinned here at the 3000 - 3100 support cluster with the massive vol spike (capitulation in the banking stocks). Also note mpesa bank has also roped in huge vol spike in September. Once we get above 4000 against all odds, the fireworks will be catchy if NSE20 coils up the way FTSE did post brexit.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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