wazua Fri, Jan 17, 2025
Welcome Guest Search | Active Topics | Log In | Register

2 Pages12>
Pick one. Coop or Kenya Re?
Options
Previous Topic · Next Topic
kazee
#1 Posted : Thursday, May 02, 2013 10:45:05 AM
Rank: Member


Joined: 9/18/2006
Posts: 131
With both trading at current prices of around 16.10, which of the 2 stocks has more potential at the moment?
Back to top
 Report Abusive | Report SPAM
Ericsson
#2 Posted : Thursday, May 02, 2013 10:48:19 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
Both split your money half half on both counters
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
guru267
#3 Posted : Thursday, May 02, 2013 11:10:21 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
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
Back to top
 Report Abusive | Report SPAM
kazee
#4 Posted : Thursday, May 02, 2013 11:23:45 AM
Rank: Member


Joined: 9/18/2006
Posts: 131
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?
Back to top
 Report Abusive | Report SPAM
guru267
#5 Posted : Thursday, May 02, 2013 12:01:44 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
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
Back to top
 Report Abusive | Report SPAM
muganda
#6 Posted : Thursday, May 02, 2013 12:13:15 PM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
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
Back to top
 Report Abusive | Report SPAM | Edit by user: Thursday, May 02, 2013 12:19 PM | Reason: Not specified
wilyum
#7 Posted : Thursday, May 02, 2013 12:16:19 PM
Rank: Veteran


Joined: 12/21/2011
Posts: 1,010
@hisah @mwekezaji, ur thots?
Back to top
 Report Abusive | Report SPAM
guru267
#8 Posted : Thursday, May 02, 2013 12:31:49 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
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
Back to top
 Report Abusive | Report SPAM
mwekez@ji
#9 Posted : Thursday, May 02, 2013 1:34:42 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Ericsson wrote:
Both split your money half half on both counters
Back to top
 Report Abusive | Report SPAM
jerry
#10 Posted : Thursday, May 02, 2013 1:42:31 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
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.
Back to top
 Report Abusive | Report SPAM | Edit by user: Thursday, May 02, 2013 1:45 PM | Reason: Not specified
Ericsson
#11 Posted : Thursday, May 02, 2013 1:59:50 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
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
Back to top
WWW
 Report Abusive | Report SPAM
mwekez@ji
#12 Posted : Thursday, May 02, 2013 2:08:44 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
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!!!
Back to top
 Report Abusive | Report SPAM
Ericsson
#13 Posted : Thursday, May 02, 2013 2:15:50 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
@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
Back to top
WWW
 Report Abusive | Report SPAM
mwekez@ji
#14 Posted : Thursday, May 02, 2013 2:20:49 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
@Ericsson, what valuation metric did you use to conclude that KenyaRe is grossly overvalued?
Back to top
 Report Abusive | Report SPAM
Ericsson
#15 Posted : Thursday, May 02, 2013 2:26:11 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
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
Back to top
WWW
 Report Abusive | Report SPAM
mwekez@ji
#16 Posted : Thursday, May 02, 2013 2:29:03 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
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?
Back to top
 Report Abusive | Report SPAM
Ericsson
#17 Posted : Thursday, May 02, 2013 2:31:39 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
P/E of co-op is twice that of kenya re.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
mwekez@ji
#18 Posted : Thursday, May 02, 2013 2:36:56 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
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?
Back to top
 Report Abusive | Report SPAM
hisah
#19 Posted : Thursday, May 02, 2013 2:37:58 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
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!
Back to top
 Report Abusive | Report SPAM | Edit by user: Thursday, May 02, 2013 2:39 PM | Reason: Not specified
mwekez@ji
#20 Posted : Thursday, May 02, 2013 2:39:21 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
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.
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (3)
2 Pages12>
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.