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Pick one. Coop or Kenya Re?
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kazee
#1 Posted : Thursday, May 02, 2013 10:45:05 AM
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With both trading at current prices of around 16.10, which of the 2 stocks has more potential at the moment?
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Ericsson
#2 Posted : Thursday, May 02, 2013 10:48:19 AM
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Both split your money half half on both counters
Wealth is built through a relatively simple equation
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guru267
#3 Posted : Thursday, May 02, 2013 11:10:21 AM
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Lets look at three things;,

1. Price: Kenya re (16.1) vs co op (16.3)
2. DPS: Kenya re (0.4) vs co op (0.4)
3. EPS: Kenya re (4) vs co op (1.8)

As you can see the two are identical but have very different EPS so I would suggest Kenya re!!
Mark 12:29
Deuteronomy 4:16
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kazee
#4 Posted : Thursday, May 02, 2013 11:23:45 AM
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guru267 wrote:
Lets look at three things;,

1. Price: Kenya re (16.1) vs co op (16.3)
2. DPS: Kenya re (0.4) vs co op (0.4)
3. EPS: Kenya re (4) vs co op (1.8)

As you can see the two are identical but have very different EPS so I would suggest Kenya re!!



Another point to look at from is: Which is expected to hit lets say 18.5-20 soon?
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guru267
#5 Posted : Thursday, May 02, 2013 12:01:44 PM
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kazee wrote:
guru267 wrote:
Lets look at three things;,

1. Price: Kenya re (16.1) vs co op (16.3)
2. DPS: Kenya re (0.4) vs co op (0.4)
3. EPS: Kenya re (4) vs co op (1.8)

As you can see the two are identical but have very different EPS so I would suggest Kenya re!!



Another point to look at from is: Which is expected to hit lets say 18.5-20 soon?


Kenya re!
Mark 12:29
Deuteronomy 4:16
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muganda
#6 Posted : Thursday, May 02, 2013 12:13:15 PM
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And further...

A. PBT growth: Kenya Re (44%) vs COOP (56%)
B. Cash flow margin: Kenya Re (5%) vs COOP (42%)
C. ROE: Kenya Re (1.6%) vs COOP (25.9%)

So in my case I go with COOP.
Disclaimer: @guru267 owns Kenya-Re and I own COOP bank smile
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wilyum
#7 Posted : Thursday, May 02, 2013 12:16:19 PM
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@hisah @mwekezaji, ur thots?
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guru267
#8 Posted : Thursday, May 02, 2013 12:31:49 PM
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muganda wrote:
And further...

A. PBT growth: Kenya Re (44%) vs COOP (56%)
B. Cash flow margin: Kenya Re (5%) vs COOP (42%)
C. ROE: Kenya Re (1.6%) vs COOP (25.9%)

So in my case I go with COOP.
Disclaimer: @guru267 owns Kenya-Re and I own COOP bank smile



@muganda I actually also own co op!
Mark 12:29
Deuteronomy 4:16
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mwekez@ji
#9 Posted : Thursday, May 02, 2013 1:34:42 PM
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Ericsson wrote:
Both split your money half half on both counters
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jerry
#10 Posted : Thursday, May 02, 2013 1:42:31 PM
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muganda wrote:
And further...

A. PBT growth: Kenya Re (44%) vs COOP (56%)
B. Cash flow margin: Kenya Re (5%) vs COOP (42%)
C. ROE: Kenya Re (1.6%) vs COOP (25.9%)

So in my case I go with COOP.
Disclaimer: @guru267 owns Kenya-Re and I own COOP bank smile


Highest Last 5yrs attained price: KenyaRe 18.50, Co-opB 21.50 Highest/Lowest last 1 yr; Kenya-Re 18.50/7.15, Co-opB 18.00/10.15

Q.When did Co-op trade at Ksh 5.50? KenyaRe also had a Low of Kes 6.80 within last 5 yrs.

I would go for Co-op unless something serious changes in KenyaRe's mgt.
The opposite of courage is not cowardice, it's conformity.
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Ericsson
#11 Posted : Thursday, May 02, 2013 1:59:50 PM
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Kenya re has a good expansion strategy and the share price is grossly overvalued.
In terms pf profit growth and earning co-op bank will beat kenya re due to the nature of its business i.e bank,lending and interest rates.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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mwekez@ji
#12 Posted : Thursday, May 02, 2013 2:08:44 PM
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Ericsson wrote:
Kenya re has a good expansion strategy and the share price is grossly overvalued.
In terms pf profit growth and earning co-op bank will beat kenya re due to the nature of its business i.e bank,lending and interest rates.


give us a break @Ericsson. refer to your post 2!!!
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Ericsson
#13 Posted : Thursday, May 02, 2013 2:15:50 PM
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@mwekeza@ji;if its for share appreciation I will buy both I haven't changed my stand
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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mwekez@ji
#14 Posted : Thursday, May 02, 2013 2:20:49 PM
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@Ericsson, what valuation metric did you use to conclude that KenyaRe is grossly overvalued?
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Ericsson
#15 Posted : Thursday, May 02, 2013 2:26:11 PM
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P/E compared the earnings per share and current share price.The P/E is 4.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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mwekez@ji
#16 Posted : Thursday, May 02, 2013 2:29:03 PM
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Ericsson wrote:
P/E compared the earnings per share and current share price.The P/E is 4.


How can a P/E of 4 be a gross overvaluation?
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Ericsson
#17 Posted : Thursday, May 02, 2013 2:31:39 PM
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P/E of co-op is twice that of kenya re.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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mwekez@ji
#18 Posted : Thursday, May 02, 2013 2:36:56 PM
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Ericsson wrote:
P/E of co-op is twice that of kenya re.


so, your take is that the lower the P/E, the more overvalued the company is?
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hisah
#19 Posted : Thursday, May 02, 2013 2:37:58 PM
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wilyum wrote:
@hisah @mwekezaji, ur thots?

Tight this one... Looking at P/B Kenya Re offers more value.

However, if stimulus is pumped into the econ and CBR cut and banks slash their lending rates, then banks will post faster gains meaning that such an event makes coop a better prospect.

To avoid this split decision it is easier to take positions in both counters.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mwekez@ji
#20 Posted : Thursday, May 02, 2013 2:39:21 PM
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hisah wrote:
wilyum wrote:
@hisah @mwekezaji, ur thots?

Tight this one... Looking at P/B Kenya Re offers more value.

However, if stimulus is pumped into the econ and CBR cut and banks slash their lending rates, then banks will post faster gains meaning that such an event makes coop a better prospect.

To avoid this split decision it is easier to take positions in both counters.
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