Equity had 39% of total market turnover today. An Omen for the impending results

@vvs you really do believe it would be better to control lending rates as opposed to controlling fuel pricez??

Control neither.

COOP Bank 1Q 2011 Earnings Analysis
2011 Vs 2010 (Billion Ksh)


Total Interest Income 3.4B 2.7
Total Interest Expense 0.6 0.7
Non Interest Income 1.7 1.3
Total Operating Income 4.5 3.2
Total Other Expenses 1.9 2.5
Profit Before Tax 2 1.3
Profit After Tax 1.6 1
Earnings Per Share 0.47 0.30

Gok Securities held for Trading 24 7.2
Commentary

Fantastic results from Coop Bank, the results were achieved by increase in interest income of 26% and non interest income of 30%, the bank was also able to cut its costs by 14% in 1Q 2011 which is a very good indicator of the ability of the management to contain costs. I also see unlike most banks they avoided trading in bonds excessively in 2010 hence the significant jump in non interest income this quarter. At closing price of 18.50 i now put the forward PE at 9.8 base on an EPS of 1.88 if they maintain this performance through out the year, i believe there is at least 25% upside potential to that price.

Courtesy of http://contrarianinvesti...1-earnings-analysis.html

btw who manufactures mr berry?...wats the secret behind their success?..their chewing gum is very nice...

Now all of a sudden the 'analysts' are expceting the results to resonate across the industry. Bure tu. bdafrica shouldn't report just anything. But then again, they wouldn't be bdarica

Nonsense! Just coz 19/20 say the sun revolves around the earth does not make it so!

The bottomline is that encourage COMPETITION not control it!

Perhaps we should regulate health premiums so Jubilee charges no more than NHIF. Health care affects us even more than petroleum as fuel... Why should Jubilee be allowed to charge more than NHIF?

Can a society survive without petrolem fuel? Yes.
Can a society survive without health care? No.
Can a society survive without 'banking'? No, in my opinion.

Show me any industry or country where price controls have worked perfectly?
[There is always an element of rent-seeking or corruption or shortages]

Coop will be the outlier this year in terms of perfomance

deal, guess again!

Merchant, that's a myth. What about Scangroup?
Up 25% in 2 weeks! If that is punishing, I won't beg for mercy nikiadhibiwa