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Co-op bank@20
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qw25041985
#21 Posted : Sunday, January 16, 2011 11:11:30 AM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
@ mjuaji ...I might say you are almost there..Especially equity it might pack at 35.00
Your future depends on your dreams so go to sleep !
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PKoli
#22 Posted : Sunday, January 16, 2011 3:38:04 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
mlennyma wrote:
Personally i think the share ownership structure of co-op bank gives it more advantage... having few speculative investors makes it posible to even overtake equity.


That is true, mainly owned by Sacco societies and lately institutional investors. This leaves very small free float thus maintainig stable price. This is why I love CiC company. When it gets listed, we will most likely see similar stability like Coop. Remember Coop Bank is the single largest shareholder.
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guru267
#23 Posted : Sunday, January 16, 2011 9:26:31 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
I'm in love wit co ops strategy in banking.. I mean every branch is full in Nairobi all day..

But i'm not so keen on the shareprice.. The current valuations for co op cannot withstand a market shock like a recession..

Thats why i prefer to watch its growth from a distance
Mark 12:29
Deuteronomy 4:16
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