wazua Sun, Jul 27, 2025
Welcome Guest Search | Active Topics | Log In

5 Pages123>»
CoopBank Q1 2011 - Brilliant results
Options
Previous Topic · Next Topic
mwanahisa
#1 Posted : Wednesday, April 27, 2011 9:44:48 AM
Rank: Elder


Joined: 6/2/2008
Posts: 1,438
News just in. CoopBank have released Q1 2011 results with an EPS of 0.47 against 0.30 in 2010.

The momentum just got faster as far as The Cooperative Bank is concerned. What recession they ask?

PAT increased from 1.04 B to 1.64 B(UP 57.7%)

PBT increased from 1.3 B to 2.04 B (UP 57.4%)

Beautiful set of results.
Back to top
 Report Abusive | Report SPAM | Edit by user: Wednesday, April 27, 2011 10:07 AM | Reason: More info.
Burning Spear
#2 Posted : Wednesday, April 27, 2011 9:47:37 AM
Rank: Veteran


Joined: 7/22/2008
Posts: 1,139
mwanahisa wrote:
News just in. CoopBank have released Q1 2011 results with an EPS of 0.47 against 0.30 in 2010.

The momentum just got faster as far as The Cooperative Bank is concerned. What recession they ask?


put the link please.I have been holding my breath to see what Q 1 will bring in the financials
"You're not supposed to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who says it". Malcolm X
Back to top
 Report Abusive | Report SPAM
Cde Monomotapa
#3 Posted : Wednesday, April 27, 2011 9:52:54 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Ai Caramba!! Let the games begin!
Back to top
 Report Abusive | Report SPAM
mwanahisa
#4 Posted : Wednesday, April 27, 2011 10:02:14 AM
Rank: Elder


Joined: 6/2/2008
Posts: 1,438
I am afraid I do not have the link. It has not yet been posted on to the NSE or even on the Coop Bank website. I just got it through my mail. I will try and upload onto a file sharing website.

Burning Spear wrote:
mwanahisa wrote:
News just in. CoopBank have released Q1 2011 results with an EPS of 0.47 against 0.30 in 2010.

The momentum just got faster as far as The Cooperative Bank is concerned. What recession they ask?


put the link please.I have been holding my breath to see what Q 1 will bring in the financials
Back to top
 Report Abusive | Report SPAM
QW25071985
#5 Posted : Wednesday, April 27, 2011 10:04:15 AM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
link iko wapi.wawawawwa !!!!!!!! i need to study those results...i have a ton of co-op shares and they arent moving...nkt. nkt.
but co-op is used to double digits growth whats the hula balu about ?????? as for kcb if they pull a double digit growth manna will fall from the sky...Laughing out loudly Laughing out loudly
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#6 Posted : Wednesday, April 27, 2011 10:04:52 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,221
Location: Nairobi
Impressive. The NIM jumped huge!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
guru267
#7 Posted : Wednesday, April 27, 2011 10:08:37 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
QW25071985 wrote:
link iko wapi.wawawawwa !!!!!!!! i need to study those results...i have a ton of co-op shares and they arent moving...nkt. nkt.
but co-op is used to double digits growth whats the hula balu about ?????? as for kcb if they pull a double digit growth manna will fall from the sky...Laughing out loudly Laughing out loudly

Now wait for KCB and eat your words
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
Burning Spear
#8 Posted : Wednesday, April 27, 2011 10:22:37 AM
Rank: Veteran


Joined: 7/22/2008
Posts: 1,139
and Equity will pull a big one
"You're not supposed to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who says it". Malcolm X
Back to top
 Report Abusive | Report SPAM
mlennyma
#9 Posted : Wednesday, April 27, 2011 10:23:31 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,191
Location: nairobi
The 1st listed bank to pull the trigger has not disappointed.kenya is a great economy despite the politics,inflation and drought.
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
 Report Abusive | Report SPAM
youcan'tstopusnow
#10 Posted : Wednesday, April 27, 2011 10:24:28 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Anyone with the dates of when other banks will announce please post the dates.
erifloss uko wapi? These are ''very good'' results according to your criteria. I said a couple of banks will pull off above 50 percent growth. Co-op was the first. Not the last
GOD BLESS YOUR LIFE
Back to top
WWW
 Report Abusive | Report SPAM
mlennyma
#11 Posted : Wednesday, April 27, 2011 10:26:05 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,191
Location: nairobi
Equity is one bank which was highly inclined to gvt bonds.
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
 Report Abusive | Report SPAM
youcan'tstopusnow
#12 Posted : Wednesday, April 27, 2011 10:28:08 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Seems the market has got wind of the results. A high of 18.70. deal, banks will not make you money in 2011!
GOD BLESS YOUR LIFE
Back to top
WWW
 Report Abusive | Report SPAM
VituVingiSana
#13 Posted : Wednesday, April 27, 2011 10:29:58 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,221
Location: Nairobi
mlennyma wrote:
The 1st listed bank to pull the trigger has not disappointed.kenya is a great economy despite the politics,inflation and drought.
Or they are exploiting us... Funny, that when OMCs make a low ROA but prices of fuel go up... all are up in arms yet Kenya's largest OMC makes far less in 1 year than Barclays or Equity does in 1 quarter....

KK 1.77bn during entire 2010
Co-op 1.64bn in 1Q 2011
I expect Equity & KCB PAT to be even higher!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM | Edit by user: Wednesday, April 27, 2011 10:34 AM | Reason: Not specified
Cde Monomotapa
#14 Posted : Wednesday, April 27, 2011 10:30:03 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Matter of fact Qw...KCB will be triple digit.
Back to top
 Report Abusive | Report SPAM
youcan'tstopusnow
#15 Posted : Wednesday, April 27, 2011 10:30:39 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
mlennyma wrote:
Equity is one bank which was highly inclined to gvt bonds.

I think the results will still be great
GOD BLESS YOUR LIFE
Back to top
WWW
 Report Abusive | Report SPAM
youcan'tstopusnow
#16 Posted : Wednesday, April 27, 2011 10:33:51 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VituVingiSana wrote:
mlennyma wrote:
The 1st listed bank to pull the trigger has not disappointed.kenya is a great economy despite the politics,inflation and drought.
Or they are exploiting us... Funny, that when OMCs make a low ROA but prices of fuel go up... all are up in arms yet Kenya's largest OMC makes far less in 1 year than Barclays or Equity does in 1 quarter....

Laughing out loudlyLaughing out loudlyLaughing out loudly VVS, mafuta ni muhimu! I humbly suggest that people should stack their portfolios with banks. THIS IS THE DECADE OF THE BANKS!
GOD BLESS YOUR LIFE
Back to top
WWW
 Report Abusive | Report SPAM
mlennyma
#17 Posted : Wednesday, April 27, 2011 10:34:25 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,191
Location: nairobi
Hahaha.,and what is money if this is not money?i said some analysts are earning salaries illegally...if i knew this guy i would use this money to buy him lunch.
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
 Report Abusive | Report SPAM
youcan'tstopusnow
#18 Posted : Wednesday, April 27, 2011 10:36:08 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Kweli people were waiting for this results. So many people are 'peeping' into this threadsmile
GOD BLESS YOUR LIFE
Back to top
WWW
 Report Abusive | Report SPAM
VituVingiSana
#19 Posted : Wednesday, April 27, 2011 10:36:12 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,221
Location: Nairobi
youcan'tstopusnow wrote:
VituVingiSana wrote:
mlennyma wrote:
The 1st listed bank to pull the trigger has not disappointed.kenya is a great economy despite the politics,inflation and drought.
Or they are exploiting us... Funny, that when OMCs make a low ROA but prices of fuel go up... all are up in arms yet Kenya's largest OMC makes far less in 1 year than Barclays or Equity does in 1 quarter....

Laughing out loudlyLaughing out loudlyLaughing out loudly VVS, mafuta ni muhimu! I humbly suggest that people should stack their portfolios with banks. THIS IS THE DECADE OF THE BANKS!
I support free markets but if we are going for price controls then start with banks! Let the lending & savings rates be 'fixed' through a fair formula so banks will have to be more efficient on how they deliver services.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
youcan'tstopusnow
#20 Posted : Wednesday, April 27, 2011 10:40:22 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Now to those who were comparing GIRO to listed banks, please don't do that again.
GOD BLESS YOUR LIFE
Back to top
WWW
 Report Abusive | Report SPAM
Users browsing this topic
Guest (3)
5 Pages123>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2025 Wazua.co.ke. All Rights Reserved.