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lochaz-index		#21 Posted : Thursday, December 14, 2017 7:40:21 AM
Rank: Veteran Joined: 9/18/2014 Posts: 1,127		Ericsson wrote: VituVingiSana wrote: obiero wrote: VituVingiSana wrote: obiero wrote: Ericsson wrote: http://www.businessdailyafrica.com/news/Billionaire-Baloobhai-raises-Co-op-Bank-stake/539546-4225936-awf8cvz/index.html Billionaire investor Baloobhai Patel has more than quadrupled his stake in Co-op Bank to Sh403 million, becoming the second-largest individual investor in the Nairobi Securities Exchange-listed firm. Co-op Bank said in regulatory filings that Mr Patel raised his ownership from 5.8 million shares in February to 25.2 million in September, boosting his stake in the lender from 0.12 per cent to 0.43 per cent. The value of his shareholding jumped from Sh93.8 million to Sh403 million over the same period based on the bank’s share price of Sh16 on Monday. A bold move by a top KQ investor Who probably regrets buying KQ instead of Co-op in 2012 Remember I was once in COOP.. A solid bank with good prospects. But wait for the Open Offer ratio before you laugh too hard at KQ investors. The joke may be on you I feel sorry for KQ shareholders who bought shares in the Rights Issue coz they were lied to... 14/- to the current price (divided by 4) without any dividends. Good luck to those who still believe in KQ. I hope KQ will thrive under Mikosz and Joseph but the rapacious staff are waiting to suck KQ dry. In the meantime, the likes of Naikuni and Mbugua are laughing at the KQ shareholders. On Coop, I want it to do well but I prefer the mid-tier banks which seem to be more innovative and nimble. I am quite impressed with how DTB and its shares have performed. Can Coop be as nimble? Where/how will Coop grow? DTB is more widespread than Coop regionally.DTB is in Uganda,Burundi,Tanzania,Kenya. Coop is only in Kenya and South Sudan I hope Kenya's economy starts firing on all cylinders after the brutal 2017 election season. All banks should benefit from a better economy. All evidence points to the contrary on that last paragraph. For KE to reboot properly, some hard and painful (in the short term) decisions have to be taken but the feelers from treasury suggests no one is willing to do anything till the proverbial shit hits the fan. The main purpose of the stock market is to make fools of as many people as possible.
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obiero		#22 Posted : Thursday, December 14, 2017 8:05:48 AM
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi		lochaz-index wrote: Ericsson wrote: VituVingiSana wrote: obiero wrote: VituVingiSana wrote: obiero wrote: Ericsson wrote: http://www.businessdailyafrica.com/news/Billionaire-Baloobhai-raises-Co-op-Bank-stake/539546-4225936-awf8cvz/index.html Billionaire investor Baloobhai Patel has more than quadrupled his stake in Co-op Bank to Sh403 million, becoming the second-largest individual investor in the Nairobi Securities Exchange-listed firm. Co-op Bank said in regulatory filings that Mr Patel raised his ownership from 5.8 million shares in February to 25.2 million in September, boosting his stake in the lender from 0.12 per cent to 0.43 per cent. The value of his shareholding jumped from Sh93.8 million to Sh403 million over the same period based on the bank’s share price of Sh16 on Monday. A bold move by a top KQ investor Who probably regrets buying KQ instead of Co-op in 2012 Remember I was once in COOP.. A solid bank with good prospects. But wait for the Open Offer ratio before you laugh too hard at KQ investors. The joke may be on you I feel sorry for KQ shareholders who bought shares in the Rights Issue coz they were lied to... 14/- to the current price (divided by 4) without any dividends. Good luck to those who still believe in KQ. I hope KQ will thrive under Mikosz and Joseph but the rapacious staff are waiting to suck KQ dry. In the meantime, the likes of Naikuni and Mbugua are laughing at the KQ shareholders. On Coop, I want it to do well but I prefer the mid-tier banks which seem to be more innovative and nimble. I am quite impressed with how DTB and its shares have performed. Can Coop be as nimble? Where/how will Coop grow? DTB is more widespread than Coop regionally.DTB is in Uganda,Burundi,Tanzania,Kenya. Coop is only in Kenya and South Sudan I hope Kenya's economy starts firing on all cylinders after the brutal 2017 election season. All banks should benefit from a better economy. All evidence points to the contrary on that last paragraph. For KE to reboot properly, some hard and painful (in the short term) decisions have to be taken but the feelers from treasury suggests no one is willing to do anything till the proverbial shit hits the fan. You are speaking the truth KQ ABP 4.26
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Ebenyo		#23 Posted : Thursday, December 14, 2017 9:20:44 AM
Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale		Ericsson wrote: http://www.businessdailyafrica.com/news/Billionaire-Baloobhai-raises-Co-op-Bank-stake/539546-4225936-awf8cvz/index.html Billionaire investor Baloobhai Patel has more than quadrupled his stake in Co-op Bank to Sh403 million, becoming the second-largest individual investor in the Nairobi Securities Exchange-listed firm. Co-op Bank said in regulatory filings that Mr Patel raised his ownership from 5.8 million shares in February to 25.2 million in September, boosting his stake in the lender from 0.12 per cent to 0.43 per cent. The value of his shareholding jumped from Sh93.8 million to Sh403 million over the same period based on the bank’s share price of Sh16 on Monday. Baloobhai is so much exposed in banking stocks: 1.Barclays 2.Kcb 3.Dtb 4.Coop Towards the goal of financial freedom
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maka		#24 Posted : Thursday, December 14, 2017 10:01:06 AM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		Am sorry to say this but I dont think Sebastian will do much he is a very combative fellow who looks down upon his directors... One director actually said he was close to punching him last week... Nigerian peeps have given the airline till Tue to sort out their demands... Jana was like a movie... staff in Nigeria refused KQ passengers to board backed by Nigerian police... Rem we still have airport closure at JKIA... the Station manager had to tell the staff to take him hostage as the plane came with 40 pax.... IMHO Sebastian needs to tone down on how he relates with junior workers am seeing him exit in a few months if he doesnt change... Flights to Nigeria have now been cancelled... possunt quia posse videntur
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Spikes		#25 Posted : Thursday, December 14, 2017 10:18:39 AM
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa		maka wrote: Am sorry to say this but I dont think Sebastian will do much he is a very combative fellow who looks down upon his directors... One director actually said he was close to punching him last week... Nigerian peeps have given the airline till Tue to sort out their demands... Jana was like a movie... staff in Nigeria refused KQ passengers to board backed by Nigerian police... Rem we still have airport closure at JKIA... the Station manager had to tell the staff to take him hostage as the plane came with 40 pax.... IMHO Sebastian needs to tone down on how he relates with junior workers am seeing him exit in a few months if he doesnt change... Flights to Nigeria have now been cancelled... He'll react Uchumi CEO way... I hope minority shareholders are listening to eye witness accounts! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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obiero		#26 Posted : Thursday, December 14, 2017 10:55:05 AM
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi		Spikes wrote: maka wrote: Am sorry to say this but I dont think Sebastian will do much he is a very combative fellow who looks down upon his directors... One director actually said he was close to punching him last week... Nigerian peeps have given the airline till Tue to sort out their demands... Jana was like a movie... staff in Nigeria refused KQ passengers to board backed by Nigerian police... Rem we still have airport closure at JKIA... the Station manager had to tell the staff to take him hostage as the plane came with 40 pax.... IMHO Sebastian needs to tone down on how he relates with junior workers am seeing him exit in a few months if he doesnt change... Flights to Nigeria have now been cancelled... He'll react Uchumi CEO way... I hope minority shareholders are listening to eye witness accounts! @maka is quite a sophisticated investor who I take seriously.. So I have read his post with an eye out KQ ABP 4.26
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Ericsson		#27 Posted : Thursday, December 14, 2017 10:57:22 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		maka wrote: Am sorry to say this but I dont think Sebastian will do much he is a very combative fellow who looks down upon his directors... One director actually said he was close to punching him last week... Nigerian peeps have given the airline till Tue to sort out their demands... Jana was like a movie... staff in Nigeria refused KQ passengers to board backed by Nigerian police... Rem we still have airport closure at JKIA... the Station manager had to tell the staff to take him hostage as the plane came with 40 pax.... IMHO Sebastian needs to tone down on how he relates with junior workers am seeing him exit in a few months if he doesnt change... Flights to Nigeria have now been cancelled... Angalia sasa,mtu analeta discussion that is totally unrelated to the topic. KQ and sebastian is being discussed in another topic/forum. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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maka		#28 Posted : Thursday, December 14, 2017 11:16:01 AM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		Ericsson wrote: maka wrote: Am sorry to say this but I dont think Sebastian will do much he is a very combative fellow who looks down upon his directors... One director actually said he was close to punching him last week... Nigerian peeps have given the airline till Tue to sort out their demands... Jana was like a movie... staff in Nigeria refused KQ passengers to board backed by Nigerian police... Rem we still have airport closure at JKIA... the Station manager had to tell the staff to take him hostage as the plane came with 40 pax.... IMHO Sebastian needs to tone down on how he relates with junior workers am seeing him exit in a few months if he doesnt change... Flights to Nigeria have now been cancelled... Angalia sasa,mtu analeta discussion that is totally unrelated to the topic. KQ and sebastian is being discussed in another topic/forum. Oops Admin move this... pole @Ericsonn JW asubuhi... possunt quia posse videntur
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VituVingiSana		#29 Posted : Friday, December 15, 2017 11:35:42 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi		maka wrote: Am sorry to say this but I dont think Sebastian will do much he is a very combative fellow who looks down upon his directors... One director actually said he was close to punching him last week... Nigerian peeps have given the airline till Tue to sort out their demands... Jana was like a movie... staff in Nigeria refused KQ passengers to board backed by Nigerian police... Rem we still have airport closure at JKIA... the Station manager had to tell the staff to take him hostage as the plane came with 40 pax.... IMHO Sebastian needs to tone down on how he relates with junior workers am seeing him exit in a few months if he doesnt change... Flights to Nigeria have now been cancelled... Everyone but the shareholders made money off KQ. Why don’t the aggrieved KQ staff better quit? Banks, as a partial reaction to the rate caps, have started automating their functions. BBK, I&M, etc have installed ATMs that can accept cash. Soon tellers will be considered “luxuries” and counter transactions will be charged. I think Equity has done so. What’s the status with Coop and automation/outsourcing? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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obiero		#30 Posted : Friday, December 15, 2017 12:29:30 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi		VituVingiSana wrote: maka wrote: Am sorry to say this but I dont think Sebastian will do much he is a very combative fellow who looks down upon his directors... One director actually said he was close to punching him last week... Nigerian peeps have given the airline till Tue to sort out their demands... Jana was like a movie... staff in Nigeria refused KQ passengers to board backed by Nigerian police... Rem we still have airport closure at JKIA... the Station manager had to tell the staff to take him hostage as the plane came with 40 pax.... IMHO Sebastian needs to tone down on how he relates with junior workers am seeing him exit in a few months if he doesnt change... Flights to Nigeria have now been cancelled... Everyone but the shareholders made money off KQ. Why don’t the aggrieved KQ staff better quit? Banks, as a partial reaction to the rate caps, have started automating their functions. BBK, I&M, etc have installed ATMs that can accept cash. Soon tellers will be considered “luxuries” and counter transactions will be charged. I think Equity has done so. What’s the status with Coop and automation/outsourcing? @vvs.The aggrieved will never leave KQ since they know it's a good employer. Meanwhile COOP bank has embraced alternative channels fully.. A solid bank KQ ABP 4.26
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