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Coop Bank - Stocksmaster's 1st Play 2013
Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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obiero wrote:Museveni has also given a green light for Coop to enter Uganda. Soon, KCB & Equity will have to use other reasons to boast apart from regional presence. I only hope Coop doesnt go to Tanzania in its EA circuit, for obvious reasons.. www.standardmedia.co.ke/...ts-boost-at-mombasa-fairalso Rwanda is on the cards, as per wazua culture hakuna kuropokwa, link attached :)
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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^We lead, others follow - ROOOARR!! (KCB - At consolidation stage) 
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Cde Monomotapa wrote:^We lead, others follow - ROOOARR!! (KCB - At consolidation stage) KCB has underutilised strength and unlockin that has proved futile across change in management.. Meanwhile, banks with much lower asset base are angling for a kill! The lion is a CORPORATE bank that needed a connected captain, unfortunately the current one has shown no signs of being a master of these turbulent waters. There is a shift in the market where Coop will emerge second after Equity in next three years
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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obiero wrote:Cde Monomotapa wrote:^We lead, others follow - ROOOARR!! (KCB - At consolidation stage) KCB has underutilised strength and unlockin that has proved futile across change in management.. Meanwhile, banks with much lower asset base are angling for a kill! The lion is a CORPORATE bank that needed a connected captain, unfortunately the current one has shown no signs of being a master of these turbulent waters. There is a shift in the market where Coop will emerge second after Equity in next three years Well and good the competition and as I have said before, I invest in these companies, I don't work in them so business/investment reasoning & the numbers will continue to drive judgement. As for expansion, unless you're very lucky, you can't bake a cake & eat it at the same time simply because Capex is Capex, not revenue. On the retail side, I have the privilege of following KCB on twitter and every so often clients are happy with the new queue system, e-banking. mobile-banking and such like ICT driven initiatives/investments - KCB eating the cake. Need we talk of it being the true regional partner? I guess not as even the regional govts continue to agree. Watch what happens as a result of berth 19 and the 3 govts situated there... Lastly, by virtue of KCB's balance sheet, there are certain business that will naturally be drawn to KCB simply because it has the capacity. If I am correct not many banks can lend one client 5B but KCB can without a sweat.
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Rank: New-farer Joined: 9/9/2013 Posts: 91
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obiero wrote:Cde Monomotapa wrote:^We lead, others follow - ROOOARR!! (KCB - At consolidation stage) KCB has underutilised strength and unlockin that has proved futile across change in management.. Meanwhile, banks with much lower asset base are angling for a kill! The lion is a CORPORATE bank that needed a connected captain, unfortunately the current one has shown no signs of being a master of these turbulent waters. There is a shift in the market where Coop will emerge second after Equity in next three years Do you have evidence to back it up or is it a hunch?
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Mr. Sulu wrote:obiero wrote:Cde Monomotapa wrote:^We lead, others follow - ROOOARR!! (KCB - At consolidation stage) KCB has underutilised strength and unlockin that has proved futile across change in management.. Meanwhile, banks with much lower asset base are angling for a kill! The lion is a CORPORATE bank that needed a connected captain, unfortunately the current one has shown no signs of being a master of these turbulent waters. There is a shift in the market where Coop will emerge second after Equity in next three years Do you have evidence to back it up or is it a hunch? The writing is on the wall
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/8/2013 Posts: 2,517
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Those mboyz discussing Rion on the Elephank thread  Now this is what should be encouraged alongside ESOPs all senior managers should be obligated to have a stake in the firm be it investment of their pension, stock part payment in lieu of pay - say those guys earning 750K should be paid Ksh 500K plus 250 in shares. this will turn round firms that behave kama wao ni sirkal no business sense "😖😡KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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obiero wrote:Mr. Sulu wrote:obiero wrote:Cde Monomotapa wrote:^We lead, others follow - ROOOARR!! (KCB - At consolidation stage) KCB has underutilised strength and unlockin that has proved futile across change in management.. Meanwhile, banks with much lower asset base are angling for a kill! The lion is a CORPORATE bank that needed a connected captain, unfortunately the current one has shown no signs of being a master of these turbulent waters. There is a shift in the market where Coop will emerge second after Equity in next three years Do you have evidence to back it up or is it a hunch? The writing is on the wall Fact: Coop Bank will never overtake KCB in terms of profitability in the next 3yrs...@obiero take that to the bank or your nearest hospital...cos it aint happening...if you think it will...then buy some antiacids...
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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While other banks where going regional...where was Coop Bank? Sleeping...look at the struggles of other banks in the regions...Coop will not escape this...since theyre late...they will need to invest alot to gain market share in this new markets...the cooperative movement is not as vibrant as in Kenya in some of this countries...so work is cut out for Coop.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Writing is on the wall. The model has achieved the below for the bank. Bank is now soldering on to the region to make it even better 
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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LOL...and Q2 2013? actually H1 2013...post the figures here...
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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the deal wrote:While other banks where going regional...where was Coop Bank? Sleeping...look at the struggles of other banks in the regions...Coop will not escape this...since theyre late...they will need to invest alot to gain market share in this new markets...the cooperative movement is not as vibrant as in Kenya in some of this countries...so work is cut out for Coop. Co op was merely making sure Kenyan operations were solid before progressing to the region... Now it makes 10Billion from Kenya alone... I believe its strategic partnership with the Government of South Sudan will allow it to grow to the largest Bank in the country with the same happening in Uganda. Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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the deal wrote:
LOL...and Q2 2013? actually H1 2013...post the figures here...
LOL ... Check them out ... COOP still at top 3 in 1H13 and moving on
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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guru267 wrote:the deal wrote:While other banks where going regional...where was Coop Bank? Sleeping...look at the struggles of other banks in the regions...Coop will not escape this...since theyre late...they will need to invest alot to gain market share in this new markets...the cooperative movement is not as vibrant as in Kenya in some of this countries...so work is cut out for Coop. Co op was merely making sure Kenyan operations were solid before progressing to the region... Now it makes 10Billion from Kenya alone... I believe its strategic partnership with the Government of South Sudan will allow it to grow to the largest Bank in the country with the same happening in Uganda. You must be kidding....you just dont wake up & become the biggest bank in Uganda or South Sudan...you must have the branch network...people need to know your brand...you must bring something unique to the table.....I wish Coop went it all alone in SS...this thing of siding with gavas...I dont like it...look at KCB when GoK had a major stake...look at NBK now...
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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mwekez@ji wrote:the deal wrote:LOL...and Q2 2013? actually H1 2013...post the figures here... LOL ... Check them out ... COOP still at top 3 in 1H13 and moving on Whats the point then of posting Q1 2013 figures instead of the latest ones?
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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the deal wrote:
Whats the point then of posting Q1 2013 figures instead of the latest ones?
My bad ... Coop ranking retained in 1H13. ... As said by @obiero, time is coming when COOP will be at top 2, only after Equity
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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the deal wrote:guru267 wrote:the deal wrote:While other banks where going regional...where was Coop Bank? Sleeping...look at the struggles of other banks in the regions...Coop will not escape this...since theyre late...they will need to invest alot to gain market share in this new markets...the cooperative movement is not as vibrant as in Kenya in some of this countries...so work is cut out for Coop. Co op was merely making sure Kenyan operations were solid before progressing to the region... Now it makes 10Billion from Kenya alone... I believe its strategic partnership with the Government of South Sudan will allow it to grow to the largest Bank in the country with the same happening in Uganda. You must be kidding....you just dont wake up & become the biggest bank in Uganda or South Sudan...you must have the branch network...people need to know your brand...you must bring something unique to the table.....I wish Coop went it all alone in SS...this thing of siding with gavas...I dont like it...look at KCB when GoK had a major stake...look at NBK now... @the deal South Sudan and Uganda are banana republics... The Gova partnership will see them secure plenty of deals! Isn't Co op SS currently financing the construction of the civil servants residence and Gova buildings less than 2 years in operations?? Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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mwekez@ji wrote:the deal wrote:
Whats the point then of posting Q1 2013 figures instead of the latest ones?
My bad ... Coop ranking retained in 1H13. ... As said by @obiero, time is coming when COOP will be at top 2, only after Equity The question is not retaining number 3...its passing KCB.... Bank. H1 2013 PAT 1. KCB----------------> Ksh7.2Bn 2. Equity Bank-----> Ksh6.3Bn 3. Coop--------------> Ksh4.7Bn A Ksh2.5Bn gap between no1 and no 3!!!! If anything Coop is more closer to catching EB than KCB....men lie...numbers dont lie!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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the deal wrote:
The question is not retaining number 3...its passing KCB....
Bank. H1 2013 PAT
1. KCB----------------> Ksh7.2Bn
2. Equity Bank-----> Ksh6.3Bn
3. Coop--------------> Ksh4.7Bn
A Ksh2.5Bn gap between no1 and no 3!!!! If anything Coop is more closer to catching EB than KCB....men lie...numbers dont lie!
Fact: Tables turn and they will here. ... Equity and Coop models are money making machines. ... Wasnt Equity a small tiny thing just the other day
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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mwekez@ji wrote:
Fact: Tables turn and they will here. ... Equity and Coop models are money making machines. ... Wasnt Equity a small tiny thing just the other day
Another lie...if Coop models were money making machines why the slowdown in Q2 2013?....Wazua...the numbers speak for themselves....the Lion is way ahead of Coop...Ksh2.5Bn gaps dont get filled overnight or by wishful thinking..the truth hurts but it is what it is...
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Coop Bank - Stocksmaster's 1st Play 2013
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