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Coop Bank 2019 and beyond
Rank: Elder Joined: 6/23/2009 Posts: 14,476 Location: nairobi
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VituVingiSana wrote:obiero wrote:Ericsson wrote:Realtreaty wrote:Co-op Bank serves majority low end investors similar to Equity Where has Co-op been left by Equity Was aiming for Kes 2 upwards for Co-op. Or will they consider a script dividend? Equity went regional,coop remained domestic Coop entered South Sudan in 2013. Correct me if I am wrong Yes but in a much smaller way vs Equity That's true COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 12/4/2009 Posts: 10,836 Location: NAIROBI
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obiero wrote:VituVingiSana wrote:obiero wrote:Ericsson wrote:Realtreaty wrote:Co-op Bank serves majority low end investors similar to Equity Where has Co-op been left by Equity Was aiming for Kes 2 upwards for Co-op. Or will they consider a script dividend? Equity went regional,coop remained domestic Coop entered South Sudan in 2013. Correct me if I am wrong Yes but in a much smaller way vs Equity That's true Gideon Muriuki is very cautious Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,836 Location: NAIROBI
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Coop bank is ripe to start dishing out interim dividend Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 14,476 Location: nairobi
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Ericsson wrote:Coop bank is ripe to start dishing out interim dividend They really need to COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Chief Joined: 1/3/2007 Posts: 18,437 Location: Nairobi
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obiero wrote:Ericsson wrote:Coop bank is ripe to start dishing out interim dividend They really need to To help out the SACCOs who invested in KUSCCO? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,836 Location: NAIROBI
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@Obiero Corporate governance at Co-op bank is worse than in a government parastatal. Gideon Muriuki treats the bank like his inner garments. 6 days to the AGM and there is no annual report Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 14,476 Location: nairobi
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Ericsson wrote:@Obiero Corporate governance at Co-op bank is worse than in a government parastatal. Gideon Muriuki treats the bank like his inner garments. 6 days to the AGM and there is no annual report True. They really need to be faster with that information. I think by tomorrow it will be shared. However Gidi shareholding is only 2%, Baloobhai has actually recently overtaken, with 2.2% COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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Rank: Elder Joined: 12/4/2009 Posts: 10,836 Location: NAIROBI
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obiero wrote:Ericsson wrote:@Obiero Corporate governance at Co-op bank is worse than in a government parastatal. Gideon Muriuki treats the bank like his inner garments. 6 days to the AGM and there is no annual report True. They really need to be faster with that information. I think by tomorrow it will be shared. However Gidi shareholding is only 2%, Baloobhai has actually recently overtaken, with 2.2% As per when has Baloobhai overtaken him. March 31? Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,437 Location: Nairobi
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obiero wrote:Ericsson wrote:@Obiero Corporate governance at Co-op bank is worse than in a government parastatal. Gideon Muriuki treats the bank like his inner garments. 6 days to the AGM and there is no annual report True. They really need to be faster with that information. I think by tomorrow it will be shared. However Gidi shareholding is only 2%, Baloobhai has actually recently overtaken, with 2.2% Gidi runs the show by dishing goodies to SACCO heads. BC cannot compete. Isn't it a breach to release the Annual Report 5 days to the AGM? 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: 14,476 Location: nairobi
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VituVingiSana wrote:obiero wrote:Ericsson wrote:@Obiero Corporate governance at Co-op bank is worse than in a government parastatal. Gideon Muriuki treats the bank like his inner garments. 6 days to the AGM and there is no annual report True. They really need to be faster with that information. I think by tomorrow it will be shared. However Gidi shareholding is only 2%, Baloobhai has actually recently overtaken, with 2.2% Gidi runs the show by dishing goodies to SACCO heads. BC cannot compete. Isn't it a breach to release the Annual Report 5 days to the AGM? True, BC is there for pure returns. Meanwhile , abnormal volume today. Another bonus issue coming? COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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