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Coop Bank - Stocksmaster's 1st Play 2013
Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Ericsson wrote:Obiero in honest terms Coop has performed dismally since listing.
Listing in November 2008 at 9.50
Current price in 2017 share price is trading at 13 even if you factor in the two bonuses something is terribly wrong with this counter True @Ericsson.. It hasn't been stellar.. But it did get to a low of KES 6 and a high of KES 22.. Depends on entry and exit points for the investor
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Member Joined: 8/15/2015 Posts: 817
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obiero wrote:Ericsson wrote:Obiero in honest terms Coop has performed dismally since listing.
Listing in November 2008 at 9.50
Current price in 2017 share price is trading at 13 even if you factor in the two bonuses something is terribly wrong with this counter True @Ericsson.. It hasn't been stellar.. But it did get to a low of KES 6 and a high of KES 22.. Depends on entry and exit points for the investor @obiero stop defending something that cannot be defended.if there's a financial stock that needs to be delisted for doing allot of nothing at the bourse its coop!
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Cornelius Vanderbilt wrote:obiero wrote:Ericsson wrote:Obiero in honest terms Coop has performed dismally since listing.
Listing in November 2008 at 9.50
Current price in 2017 share price is trading at 13 even if you factor in the two bonuses something is terribly wrong with this counter True @Ericsson.. It hasn't been stellar.. But it did get to a low of KES 6 and a high of KES 22.. Depends on entry and exit points for the investor @obiero stop defending something that cannot be defended.if there's a financial stock that needs to be delisted for doing allot of nothing at the bourse its coop! LOL.. I am not the CMA chief.. Kila mtu na mipango zake
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Member Joined: 5/21/2014 Posts: 184
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enyands wrote:Ericsson wrote:@enyands
if its post IPO then there have only been two bonus issues.
As for the share performance post IPO it's been pathetic;I even mentioned in an earlier quote that even Kenya Re share price performance is better than coop in the period mentioned. I'm happy that we are in agreement . The day this stock will rally is the day that MD will step down . He had been on helm for a long long time .Time for new leadership is needed. But he has a way with those old board members so hii yangu ni kelele ya chura For a moment I thought that statement was in reference to Arsene Wenger...  There are too many opportunities all around. Open your eyes and maybe you'll spot one
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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actuarywahisa wrote:enyands wrote:Ericsson wrote:@enyands
if its post IPO then there have only been two bonus issues.
As for the share performance post IPO it's been pathetic;I even mentioned in an earlier quote that even Kenya Re share price performance is better than coop in the period mentioned. I'm happy that we are in agreement . The day this stock will rally is the day that MD will step down . He had been on helm for a long long time .Time for new leadership is needed. But he has a way with those old board members so hii yangu ni kelele ya chura For a moment I thought that statement was in reference to Arsene Wenger... Both yeye na GM ni coaches ha ha ha
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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CO-OP share price has not done well but the bank business has done well. Recovered from the 98 bomb attack on its main asset. Expanded in KE and SS and now is no. 3 in KE. Bank is cheap on fundamentals and price will catch up in time. Life is short. Live passionately.
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Rank: Veteran Joined: 4/4/2016 Posts: 1,996 Location: Kitale
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sparkly wrote:CO-OP share price has not done well but the bank business has done well. Recovered from the 98 bomb attack on its main asset. Expanded in KE and SS and now is no. 3 in KE.
Bank is cheap on fundamentals and price will catch up in time. I agree with you.For a long term investor its a bargain stock. Speculators are crying because it has not been favourable to them. Towards the goal of financial freedom
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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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I still believe in this stock!!!! It is not the only stock that came down. Others like Barclays, Commercial, Equity have not lived up. At least a flat to 1 bob in Dividends 2016.
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Realtreaty wrote:I still believe in this stock!!!! It is not the only stock that came down. Others like Barclays, Commercial, Equity have not lived up. At least a flat to 1 bob in Dividends 2016. Hata 0.80 tutashukuru.. The third largest bank in East & Central Africa
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:Realtreaty wrote:I still believe in this stock!!!! It is not the only stock that came down. Others like Barclays, Commercial, Equity have not lived up. At least a flat to 1 bob in Dividends 2016. Hata 0.80 tutashukuru.. The third largest bank in East & Central Africa This is the only stock that we are in agreement on. Life is short. Live passionately.
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Rank: Veteran Joined: 4/4/2016 Posts: 1,996 Location: Kitale
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sparkly wrote:obiero wrote:Realtreaty wrote:I still believe in this stock!!!! It is not the only stock that came down. Others like Barclays, Commercial, Equity have not lived up. At least a flat to 1 bob in Dividends 2016. Hata 0.80 tutashukuru.. The third largest bank in East & Central Africa This is the only stock that we are in agreement on. Me too. i dont agree with him on kq but i agree with him on co-op Towards the goal of financial freedom
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Ebenyo wrote:sparkly wrote:obiero wrote:Realtreaty wrote:I still believe in this stock!!!! It is not the only stock that came down. Others like Barclays, Commercial, Equity have not lived up. At least a flat to 1 bob in Dividends 2016. Hata 0.80 tutashukuru.. The third largest bank in East & Central Africa This is the only stock that we are in agreement on. Me too. i dont agree with him on kq but i agree with him on co-op This stock has taken a thorough beating
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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the deal wrote:I'm a buyer. Share your analysis Mr. thedeal Life is short. Live passionately.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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sparkly wrote:the deal wrote:I'm a buyer. Share your analysis Mr. thedeal This thing is trading on a trailling PE Ratio of 5.3...Dividend Yield is around 6.7%...Q3 2016 profit growth was still double digits..capital adequancy ratio look good...I expect them to freeze FY2016 dividend or even cut it to preserve capital..they might opt for a bonus...my fear is 2017...those saccos have this bank by the balls...thus its a speculative BUY for me.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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the deal wrote:sparkly wrote:the deal wrote:I'm a buyer. Share your analysis Mr. thedeal This thing is trading on a trailling PE Ratio of 5.3...Dividend Yield is around 6.7%...Q3 2016 profit was still double digits..capital adequancy ratio look good...I expect them to freeze FY2016 dividend or even cut it to preserve capital..they might opt for a bonus...my fear is 2017...those saccos have this bank by the balls...thus its a speculative BUY for me. Impact of rate caps? Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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sparkly wrote:the deal wrote:sparkly wrote:the deal wrote:I'm a buyer. Share your analysis Mr. thedeal This thing is trading on a trailling PE Ratio of 5.3...Dividend Yield is around 6.7%...Q3 2016 profit was still double digits..capital adequancy ratio look good...I expect them to freeze FY2016 dividend or even cut it to preserve capital..they might opt for a bonus...my fear is 2017...those saccos have this bank by the balls...thus its a speculative BUY for me. Impact of rate caps? The rate cap did not significantly affect any of the big 5 banks
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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obiero wrote:sparkly wrote:the deal wrote:sparkly wrote:the deal wrote:I'm a buyer. Share your analysis Mr. thedeal This thing is trading on a trailling PE Ratio of 5.3...Dividend Yield is around 6.7%...Q3 2016 profit was still double digits..capital adequancy ratio look good...I expect them to freeze FY2016 dividend or even cut it to preserve capital..they might opt for a bonus...my fear is 2017...those saccos have this bank by the balls...thus its a speculative BUY for me. Impact of rate caps? The rate cap did not significantly affect any of the big 5 banks 5.1m COOP shares traded today
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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obiero wrote:obiero wrote:sparkly wrote:the deal wrote:sparkly wrote:the deal wrote:I'm a buyer. Share your analysis Mr. thedeal This thing is trading on a trailling PE Ratio of 5.3...Dividend Yield is around 6.7%...Q3 2016 profit was still double digits..capital adequancy ratio look good...I expect them to freeze FY2016 dividend or even cut it to preserve capital..they might opt for a bonus...my fear is 2017...those saccos have this bank by the balls...thus its a speculative BUY for me. Impact of rate caps? The rate cap did not significantly affect any of the big 5 banks 5.1m COOP shares traded today Obiero u used to own 52,200 Co-op bank shares and now you have reduced to 12,000 Then now hyping for coop bank shares. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Ericsson wrote:obiero wrote:obiero wrote:sparkly wrote:the deal wrote:sparkly wrote:the deal wrote:I'm a buyer. Share your analysis Mr. thedeal This thing is trading on a trailling PE Ratio of 5.3...Dividend Yield is around 6.7%...Q3 2016 profit was still double digits..capital adequancy ratio look good...I expect them to freeze FY2016 dividend or even cut it to preserve capital..they might opt for a bonus...my fear is 2017...those saccos have this bank by the balls...thus its a speculative BUY for me. Impact of rate caps? The rate cap did not significantly affect any of the big 5 banks 5.1m COOP shares traded today Obiero u used to own 52,200 Co-op bank shares and now you have reduced to 12,000 Then now hyping for coop bank shares. That was last year.. Mwaka mpya mambo mpya. Used up the funds on ongoing real estate project
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Coop Bank - Stocksmaster's 1st Play 2013
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