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Co-operative Bank Kenya 2.6bn insider trading scandal
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obiero
#131 Posted : Tuesday, August 23, 2016 8:05:49 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,476
Location: nairobi
The Great wrote:
The move was simply brilliant. Until the info leaked out I suppose

I think by leaking out after several years shows even more brilliance. People never imagined such a thing could happen.. Now people are crying online tears instead of having bought at KES 6 and sold at KES 21 like myself.. SMH. Otherwise, the current price of Coop points to a good entry point. The bank shall in no way collapse. Mobitelea did the same thing and look at SCOM now
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Aguytrying
#132 Posted : Tuesday, August 23, 2016 9:00:11 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
obiero wrote:
The Great wrote:
The move was simply brilliant. Until the info leaked out I suppose

I think by leaking out after several years shows even more brilliance. People never imagined such a thing could happen.. Now people are crying online tears instead of having bought at KES 6 and sold at KES 21 like myself.. SMH. Otherwise, the current price of Coop points to a good entry point. The bank shall in no way collapse. Mobitelea did the same thing and look at SCOM now


Fear is gripping the markets. Any bad news is exaggerated and causes ppl not to buy or sell. All the while attractive prices keep coming. It's time to plant fellas, as long as the company is doing well
The investor's chief problem - and even his worst enemy - is likely to be himself
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Ericsson
#133 Posted : Wednesday, August 24, 2016 1:42:25 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,836
Location: NAIROBI
Obiero has to protect his portfolio that's why he's speaking positives about cooperative bank with a share price falling very fast like a rock on a hill
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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obiero
#134 Posted : Wednesday, August 24, 2016 7:33:19 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,476
Location: nairobi
Ericsson wrote:
Obiero has to protect his portfolio that's why he's speaking positives about cooperative bank with a share price falling very fast like a rock on a hill

My voice is too small to block a plunge.. KCB, HF, Equity and other financial services have haemorrhaged more than COOP in the last 12months.. This one will rebound faster than most
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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