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Co-operative Bank fate.. discuss
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Realtreaty wrote:President Uhuru as a Banker himself will not be much swayed by hysteria to punish banks heavily by cutting a 400 point basis but will throw back the bill to Parliamentary committee to check more on proper regulation that is workable.
Kenya should never focus on General Elections to make decisions. They should focus on what is good for all.
With the Liberalized banking systems and competition, regulations should never come as fixed notes. Its not all Kenyans are seeking Loans and so not all banks should be forced to charge the same as each is free to look for market it want to serve.
Regulation should Never be fixed. Banks like any other business are in business.
Or Should we regulate Vegetable prices? @Realtreaty I don't like the way your arguments are skewed towards supporting high interest rates regime hurting the economy in entirety. Remember even the prices of vegetables can be influenced by bank rates as farmers borrowing costs them dearly. The bill capping interest rates must be signed like yesterday. Kenyans want to see whether the president has their views and desires on heart. It is a real test of this Jubilee administration as Wanjiku is in favour of interest caps, period. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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Spikes wrote:Realtreaty wrote:President Uhuru as a Banker himself will not be much swayed by hysteria to punish banks heavily by cutting a 400 point basis but will throw back the bill to Parliamentary committee to check more on proper regulation that is workable.
Kenya should never focus on General Elections to make decisions. They should focus on what is good for all.
With the Liberalized banking systems and competition, regulations should never come as fixed notes. Its not all Kenyans are seeking Loans and so not all banks should be forced to charge the same as each is free to look for market it want to serve.
Regulation should Never be fixed. Banks like any other business are in business.
Or Should we regulate Vegetable prices? @Realtreaty I don't like the way your arguments are skewed towards supporting high interest rates regime hurting the economy in entirety. Remember even the prices of vegetables can be influenced by bank rates as farmers borrowing costs them dearly. The bill capping interest rates must be signed like yesterday. Kenyans want to see whether the president has their views and desires on heart. It is a real test of this Jubilee administration as Wanjiku is in favour of interest caps, period. If he signs then he will stay in power and if he doesn't sign,ODM has a campaign tool after JJ story.im sure he is going to sign it .popular votes politics have to be played
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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Aguytrying wrote:obiero wrote:Aguytrying wrote:Boris Boyka wrote:obiero wrote:Seriously what spooked the COOP share.. This is madness You. It appears you have bad blood/omen following you just like someone who when he supports a side, that side loses kama Harambee stars. Now @Obiero if we had wazua ipsos rating am sure you'd be ranked lowest and loosing publicity/liking fastest. Having misled the upcoming investors into the compost KQ covered with perfume. Now coop too. It's high time you went under, refresh and be reborn. Come back when you're sobber that you distinguish emotions and investments. Your sells were good but your buys?????? KQ PPT...is Co-op hiring you again?  compost covered KQ. I once said the reason coop shares never fly is coz they have too many shares. It's a good bank, but serious growth is needed to exorcise the demons above 30. This is a good time to buy now that share price is beaten down. Kcb, nic have also dropped sharply remember and they are decent banks too. Now if COOP is accused of having many shares what about SCOM. Kuna watu hunishangaza sana hapa wazua Exactly. remember how long safaricom laboured below 5 bob because of those many shares, share consolidation was the hot topic then. How did they exorcise the sub 10 demon? Consistent growth and becoming a super brand. now baffling everyone. the former being my recommended remedy for coop. Even Cic has too many shares. When a company is still growing its better to have fewer shares then the impact can be felt. too many shares coupled with a slight overvaluation historically equals price stagnation in future. my 2 cents. You are right especially on the law of supply and demand . There are so many shares yet the uptake is few. Try list 10,000 shares of Windsor hotel and see how the price will rise everyday and compare with 600m shares of the same?same thing applies with coop.Also in addition to redundant management with old school ideas of running a bank
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Rank: Chief Joined: 1/3/2007 Posts: 18,057 Location: Nairobi
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Spikes wrote:Realtreaty wrote:President Uhuru as a Banker himself will not be much swayed by hysteria to punish banks heavily by cutting a 400 point basis but will throw back the bill to Parliamentary committee to check more on proper regulation that is workable.
Kenya should never focus on General Elections to make decisions. They should focus on what is good for all.
With the Liberalized banking systems and competition, regulations should never come as fixed notes. Its not all Kenyans are seeking Loans and so not all banks should be forced to charge the same as each is free to look for market it want to serve.
Regulation should Never be fixed. Banks like any other business are in business.
Or Should we regulate Vegetable prices? @Realtreaty I don't like the way your arguments are skewed towards supporting high interest rates regime hurting the economy in entirety. Remember even the prices of vegetables can be influenced by bank rates as farmers borrowing costs them dearly. The bill capping interest rates must be signed like yesterday. Kenyans want to see whether the president has their views and desires on heart. It is a real test of this Jubilee administration as Wanjiku is in favour of interest caps, period. @RealTreaty has a point. If you are going to control one sector/aspect then it will lead to controls in other sectors. Instead of "price controls" I prefer GoK borrows less, gets out of the business of Business and creates structures that facilitate private citizens to do more by themselves... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 11/13/2015 Posts: 1,569
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VituVingiSana wrote:Spikes wrote:Realtreaty wrote:President Uhuru as a Banker himself will not be much swayed by hysteria to punish banks heavily by cutting a 400 point basis but will throw back the bill to Parliamentary committee to check more on proper regulation that is workable.
Kenya should never focus on General Elections to make decisions. They should focus on what is good for all.
With the Liberalized banking systems and competition, regulations should never come as fixed notes. Its not all Kenyans are seeking Loans and so not all banks should be forced to charge the same as each is free to look for market it want to serve.
Regulation should Never be fixed. Banks like any other business are in business.
Or Should we regulate Vegetable prices? @Realtreaty I don't like the way your arguments are skewed towards supporting high interest rates regime hurting the economy in entirety. Remember even the prices of vegetables can be influenced by bank rates as farmers borrowing costs them dearly. The bill capping interest rates must be signed like yesterday. Kenyans want to see whether the president has their views and desires on heart. It is a real test of this Jubilee administration as Wanjiku is in favour of interest caps, period. @RealTreaty has a point. If you are going to control one sector/aspect then it will lead to controls in other sectors. Instead of "price controls" I prefer GoK borrows less, gets out of the business of Business and creates structures that facilitate private citizens to do more by themselves... We need a Thatcher or Reagan to roll back the govt unfortunately we have Hugo Chavez's socialism. It's suffocating to do business with GoK in everyone's business. Wait till la nina kicks in, the next price controls will be Unga
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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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Do you mean people had already pressed sale buttons but no buyers triggering a fall after positive results? They refused to engage an interim dividend by considering that they never offered such services earlier. Now what is in the bag next year?
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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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 Total Terrorism spilling all Banks blood on the floor!!!! They have been slaughtered at close range. They need to look for other ways to make Money. Now the banks will enter into partnership with commercial and industrial firms thereby hitting hard the common mwananchi with small business!!!
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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COOP has become the first and only listed lender to bite the bullet by adoption of the bill as signed.. This will be the moment to remember how COOP became the largest and most profitable Kenyan bank.. Interesting times https://citizentv.co.ke/...rates-to-14-5pc-138641/
http://www.businessdaily...58884-t7dbtvz/index.html
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: 7/21/2010 Posts: 6,175 Location: nairobi
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[quote=obiero]COOP has become the first and only listed lender to bite the bullet by adoption of the bill as signed.. This will be the moment to remember how COOP became the largest and most profitable Kenyan bank.. Interesting times https://citizentv.co.ke/...rates-to-14-5pc-138641/
http://www.businessdaily...8884-t7dbtvz/index.html[/quote] banks are in a competition, No solidarity forever here "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 1/3/2007 Posts: 18,057 Location: Nairobi
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Coop has really taken a lead on the rest! 1) Does Coop do a lot of "unsecured" loans? 2) What about Savings Accounts? [70% of CBR] The pressure on Equity and KCB will be huge considering they are Coop's peers. 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: 10,639 Location: NAIROBI
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Hiyo ya Coop ni PR stun to rescue the falling share price which is going towards penny stock/single digit levels. I'm waiting to hear next week how many people they will have given out loans at that rate.Ama inaweza kuwa ni 14.5% but flat rate wa 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:Hiyo ya Coop ni PR stun to rescue the falling share price which is going towards penny stock/single digit levels.
I'm waiting to hear next week how many people they will have given out loans at that rate.Ama inaweza kuwa ni 14.5% but flat rate wa They will not reveal the number next week, but it shall show in Q1 2017.. The other tier 1 had better respond
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: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Ericsson wrote:Hiyo ya Coop ni PR stun to rescue the falling share price which is going towards penny stock/single digit levels.
I'm waiting to hear next week how many people they will have given out loans at that rate.Ama inaweza kuwa ni 14.5% but flat rate wa They will not reveal the number next week, but it shall show in Q1 2017.. The other tier 1 had better respond PPT by wolves of COOP bank. They will wake up on Monday for a rude shock of a continuous free fall! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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obiero wrote:Ericsson wrote:Hiyo ya Coop ni PR stun to rescue the falling share price which is going towards penny stock/single digit levels.
I'm waiting to hear next week how many people they will have given out loans at that rate.Ama inaweza kuwa ni 14.5% but flat rate wa They will not reveal the number next week, but it shall show in Q1 2017.. The other tier 1 had better respond I doubt it's PR. An employee had told me they're planning to adopt it immediately so as to maximize on first hit. Actually coop was on the low season and had started calling clients to to up or get other products when this thing came in. So it'll be a good tool to lure customers. As someone said, banks can be contented with single digit Billion profits. The problem are shareholders like @Murchr and Maichblack. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Veteran Joined: 7/3/2007 Posts: 1,634
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Boris Boyka wrote:obiero wrote:Ericsson wrote:Hiyo ya Coop ni PR stun to rescue the falling share price which is going towards penny stock/single digit levels.
I'm waiting to hear next week how many people they will have given out loans at that rate.Ama inaweza kuwa ni 14.5% but flat rate wa They will not reveal the number next week, but it shall show in Q1 2017.. The other tier 1 had better respond I doubt it's PR. An employee had told me they're planning to adopt it immediately so as to maximize on first hit. Actually coop was on the low season and had started calling clients to to up or get other products when this thing came in. So it'll be a good tool to lure customers. As someone said, banks can be contented with single digit Billion profits. The problem are shareholders like @Murchr and Maichblack. This could also be a visionary strategic positioning by Coop Bank. They still serve as a primary banker to the Cooperative movement, the one sector that is likely to benefit massively if bankers follow through with their myopic threat to punish Wanjiku. "The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth." (Niels Bohr)
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Wakanyugi wrote:Boris Boyka wrote:obiero wrote:Ericsson wrote:Hiyo ya Coop ni PR stun to rescue the falling share price which is going towards penny stock/single digit levels.
I'm waiting to hear next week how many people they will have given out loans at that rate.Ama inaweza kuwa ni 14.5% but flat rate wa They will not reveal the number next week, but it shall show in Q1 2017.. The other tier 1 had better respond I doubt it's PR. An employee had told me they're planning to adopt it immediately so as to maximize on first hit. Actually coop was on the low season and had started calling clients to to up or get other products when this thing came in. So it'll be a good tool to lure customers. As someone said, banks can be contented with single digit Billion profits. The problem are shareholders like @Murchr and Maichblack. This could also be a visionary strategic positioning by Coop Bank. They still serve as a primary banker to the Cooperative movement, the one sector that is likely to benefit massively if bankers follow through with their myopic threat to punish Wanjiku. Yes, given Sacco's have flexible loan products of late through Bosa & Fosa. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 8/16/2011 Posts: 2,260
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Ericsson wrote:Hiyo ya Coop ni PR stun to rescue the falling share price which is going towards penny stock/single digit levels.
I'm waiting to hear next week how many people they will have given out loans at that rate.Ama inaweza kuwa ni 14.5% but flat rate wa  What did you expect them to do I think we should be campaigning for Mr. Olaka to leave office as Bankers Association chair as he never led them to make changes long enough! Why do they need him then? Balance and Moderation is what Njomo was looking for in Banks having failed several times from the Times Mr Donde engineered it.
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Realtreaty wrote:Ericsson wrote:Hiyo ya Coop ni PR stun to rescue the falling share price which is going towards penny stock/single digit levels.
I'm waiting to hear next week how many people they will have given out loans at that rate.Ama inaweza kuwa ni 14.5% but flat rate wa What did you expect them to do I think we should be campaigning for Mr. Olaka to leave office as Bankers Association chair as he never led them to make changes long enough! Why do they need him then? Balance and Moderation is what Njomo was looking for in Banks having failed several times from the Times Mr Donde engineered it. Exactly.. Only 94,500 shares traded on Friday.. A slight rebound expected tomorrow
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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