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Co op goes ex bonus - down 20%
guru267
#1 Posted : Sunday, June 17, 2012 9:53:15 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
This is For all those wazuans who were shocked when Kenya re fell 24% last week..
tomorrow Co op trades ex bonus (1:5) and will fall 18-20% in the days trade...

It should close at around 11bob..
Mark 12:29
Deuteronomy 4:16
PKoli
#2 Posted : Sunday, June 17, 2012 10:04:04 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
guru267 wrote:
This is For all those wazuans who were shocked when Kenya re fell 24% last week..
tomorrow Co op trades ex bonus (1:5) and will fall 18-20% in the days trade...

It should close at around 11bob..


I will not be shocked when it goes to 11, but I would be happy if it goes below 10!
jerry
#3 Posted : Sunday, June 17, 2012 10:40:53 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
PKoli wrote:
guru267 wrote:
This is For all those wazuans who were shocked when Kenya re fell 24% last week..
tomorrow Co op trades ex bonus (1:5) and will fall 18-20% in the days trade...

It should close at around 11bob..


I will not be shocked when it goes to 11, but I would be happy if it goes below 10!

We all know why!
The opposite of courage is not cowardice, it's conformity.
Aguytrying
#4 Posted : Sunday, June 17, 2012 11:44:37 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
I will be very shocked to see 11.00 bob. I think it will not go below 12.00.
The investor's chief problem - and even his worst enemy - is likely to be himself
PKoli
#5 Posted : Sunday, June 17, 2012 11:54:39 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
Aguytrying wrote:
I will be very shocked to see 11.00 bob. I think it will not go below 12.00.


I think there is a possibility it will be go below 12. Remember Coop has not been a darling of investors for the past year or so.
holycow
#6 Posted : Monday, June 18, 2012 9:42:17 AM
Rank: Veteran


Joined: 11/11/2006
Posts: 972
Location: Home
Aguytrying wrote:
I will be very shocked to see 11.00 bob. I think it will not go below 12.00.


10.50 has been traded.
hisah
#7 Posted : Monday, June 18, 2012 9:51:31 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
2012
#8 Posted : Monday, June 18, 2012 2:54:33 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
A time to buy.

BBI will solve it
:)
kyt
#9 Posted : Monday, June 18, 2012 3:00:27 PM
Rank: Elder


Joined: 11/7/2007
Posts: 2,182
nitagoja mpaka crediting ifanywe, then i can buy. Splits and bonuses always lower prices lower than the theoritical value.
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
PKoli
#10 Posted : Monday, June 18, 2012 3:03:14 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
Aguytrying wrote:
I will be very shocked to see 11.00 bob. I think it will not go below 12.00.


@Aguy,
It is at 11.7
selah
#11 Posted : Monday, June 18, 2012 3:12:22 PM
Rank: Elder


Joined: 10/13/2009
Posts: 1,950
Location: in kenya
if the supply is maintained at this level this counter might hit 10/= in no time.
'......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
PKoli
#12 Posted : Monday, June 18, 2012 3:17:08 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
selah wrote:
if the supply is maintained at this level this counter might hit 10/= in no time.

I hope it will go below 10 to enable me pick up a few more
Aguytrying
#13 Posted : Monday, June 18, 2012 3:19:20 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
PKoli wrote:
Aguytrying wrote:
I will be very shocked to see 11.00 bob. I think it will not go below 12.00.


@Aguy,
It is at 11.7


and im quite surprised. the lowest trade at 10.15. i guess they dont call her guru for nothing.
The investor's chief problem - and even his worst enemy - is likely to be himself
ralp_mutu
#14 Posted : Monday, June 18, 2012 3:31:02 PM
Rank: Member


Joined: 3/26/2012
Posts: 232
Location: Nairobi
Waiting for it to go to one digit
My folks told me that my very first word was 'billionaire'
QW25091985
#15 Posted : Monday, June 18, 2012 5:35:37 PM
Rank: User


Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
no support for this stock until ipo price of 9 bob ! Ghai ! am doomed ...
i think its just best to leave this stock alone because trying to pick a bottom might be disastrous unless you have factored in all that bonus starting to trade !
maligumu
#16 Posted : Monday, June 18, 2012 5:43:00 PM
Rank: Member


Joined: 2/22/2010
Posts: 510
Location: De egg
@QW nitwathira Ngai fafa . Unless Muriuki does some magic to defend this stock we ar doomed . By the way now that Civil servant based SACCOs will no longer be paying dividends thru the Govt payroll an members are required to open SACCO link accounts , could this see COOP bank increasing its fortunes .
Peace be with you
Ericsson
#17 Posted : Monday, June 18, 2012 6:30:09 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
Tomorrow it will start rising slowly.Kenya Re style.For those expecting a price of single digits not this week.Resistance level will be at around 11.00 to 11.50
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
QW25091985
#18 Posted : Monday, June 18, 2012 6:33:40 PM
Rank: User


Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
Ericsson wrote:
Tomorrow it will start rising slowly.Kenya Re style.For those expecting a price of single digits not this week.Resistance level will be at around 11.00 to 11.50


you mean support level ?
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