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Coop now trading at 13 kenya shillings
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selah
#41 Posted : Wednesday, July 20, 2011 3:52:42 PM
Rank: Elder


Joined: 10/13/2009
Posts: 1,950
Location: in kenya
QW25071985 wrote:
selah wrote:
Apparently COOP revised their operating Hrs I saw their 'belly bottom' branch now operates from 8.30-6.00 pm could this be the reason for the current rise in the share price?


wacha ujinga bwana . no pun.


smile @Q The reason I jumped into that conclusion is because most investors look at how the management is doing to increase business now If a company has increased its operating hrs that means more operating income (I presume).

Currently I dont see anything that would have triggered a sudden investor interest on this share if you have please do share.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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youcan'tstopusnow
#42 Posted : Wednesday, July 20, 2011 5:19:06 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
selah, maybe it was just 'oversold', as hisah would say...
GOD BLESS YOUR LIFE
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QW25071985
#43 Posted : Wednesday, July 20, 2011 5:28:03 PM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
selah wrote:
QW25071985 wrote:
selah wrote:
Apparently COOP revised their operating Hrs I saw their 'belly bottom' branch now operates from 8.30-6.00 pm could this be the reason for the current rise in the share price?


wacha ujinga bwana . no pun.


smile @Q The reason I jumped into that conclusion is because most investors look at how the management is doing to increase business now If a company has increased its operating hrs that means more operating income (I presume).

Currently I dont see anything that would have triggered a sudden investor interest on this share if you have please do share.


i get your point 100% but generally the market is up since things look 'cheap'.
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Aguytrying
#44 Posted : Wednesday, July 20, 2011 6:29:48 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
To the T.A gurus. what is the indicator that shows that the N.S.E is oversold? Or how does one tell that it is oversold? Be specific with response please.
The investor's chief problem - and even his worst enemy - is likely to be himself
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Sober
#45 Posted : Wednesday, July 20, 2011 10:04:06 PM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
We should stop treating co-op bank as a gavourite child as most stocks are losing for reason that is not fundamentals related. Let us hope the mini-bear stops soon as we will be having another one next year.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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mwanahisa
#46 Posted : Thursday, July 21, 2011 12:33:25 PM
Rank: Elder


Joined: 6/2/2008
Posts: 1,438
It looks like Coop is headed back to the sub 15 levels. Thank God I reduced my exposure yesterday when the big buyers came to town. Will have to wait to see just how low it can get once again.
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