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Coop Bank 2019 and beyond
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Metch
#71 Posted : Friday, February 28, 2020 11:16:16 AM
Rank: Member

Joined: 12/22/2015
Posts: 224
Location: Mombasa, Kenya
Ericsson wrote:
Realtreaty wrote:
https://www.the-star.co.ke/business/kenya/2020-02-24-coop-banks-2019-net-profit-tipped-to-grow-above-14/

The jumbo will start growing much more larger
It might be in Ethiopian Market with time

Subject to Ethiopia opening up it's financial sector to foreigners



Coop at 13.10 (-10%)this morning. Demand has vanished. What gives?
Start!
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winmak
#72 Posted : Friday, February 28, 2020 11:18:27 AM
Rank: Member

Joined: 12/1/2007
Posts: 539
Location: Nakuru
Metch wrote:
Ericsson wrote:
Realtreaty wrote:
https://www.the-star.co.ke/business/kenya/2020-02-24-coop-banks-2019-net-profit-tipped-to-grow-above-14/

The jumbo will start growing much more larger
It might be in Ethiopian Market with time

Subject to Ethiopia opening up it's financial sector to foreigners



Coop at 13.10 (-10%)this morning. Demand has vanished. What gives?


Corona? d'oh!
For investors as a whole, returns decrease as motion increases ~ WB
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Ericsson
#73 Posted : Saturday, March 07, 2020 9:14:11 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
FY results on 19 March
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#74 Posted : Wednesday, March 11, 2020 9:00:37 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
https://mobile.twitter.c...608494510948355/photo/1

Coop bank to acquire Jamii Bora bank

https://pbs.twimg.com/me...ormat=jpg&name=large
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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  | | Edit by user: Wednesday, March 11, 2020 9:55 AM | Reason: Not specified
Angelica _ann
#75 Posted : Wednesday, March 11, 2020 9:54:19 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,937
Ericsson wrote:
https://mobile.twitter.com/Ochirob/status/1237608494510948355/photo/1

Coop bank to acquire Jamii Bora bank


Around 2007, such an announcement used to bring a mad rally on the share. No more!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Ericsson
#76 Posted : Wednesday, March 11, 2020 9:59:28 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
Angelica _ann wrote:
Ericsson wrote:
https://mobile.twitter.com/Ochirob/status/1237608494510948355/photo/1

Coop bank to acquire Jamii Bora bank


Around 2007, such an announcement used to bring a mad rally on the share. No more!!!

The market is bearish.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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ARAPCHARLEE
#77 Posted : Wednesday, March 11, 2020 10:51:17 AM
Rank: New-farer

Joined: 4/28/2019
Posts: 88
Location: Talai
I thought ABSA will hit 30s... same there... THE BEAR IS MIGHTY HERE
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Ericsson
#78 Posted : Wednesday, March 11, 2020 10:54:15 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
ARAPCHARLEE wrote:
I thought ABSA will hit 30s... same there... THE BEAR IS MIGHTY HERE


Have you looked at the number of issued shares of ABSA
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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mulla
#79 Posted : Wednesday, March 11, 2020 10:54:56 AM
Rank: Member

Joined: 6/15/2013
Posts: 301
ARAPCHARLEE wrote:
I thought ABSA will hit 30s... same there... THE BEAR IS MIGHTY HERE


Even without the wandering bear in town what has changed apart from a change in branding that would warrant a spike in price?
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Ericsson
#80 Posted : Wednesday, March 11, 2020 10:55:51 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
With the acquisition,coop bank is on the path to recover the number three position in terms of asset base.
The position has being taken by NCBA
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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