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Coop Bank - Stocksmaster's 1st Play 2013
the deal
#191 Posted : Monday, September 16, 2013 9:34:48 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery

LOL...and Q2 2013? actually H1 2013...post the figures here...
guru267
#192 Posted : Monday, September 16, 2013 9:39:02 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
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
mwekez@ji
#193 Posted : Monday, September 16, 2013 9:41:18 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
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
the deal
#194 Posted : Monday, September 16, 2013 9:45:49 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
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
#195 Posted : Monday, September 16, 2013 9:48:44 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
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?
mwekez@ji
#196 Posted : Monday, September 16, 2013 9:55:01 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
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
guru267
#197 Posted : Monday, September 16, 2013 10:08:00 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
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
the deal
#198 Posted : Monday, September 16, 2013 10:13:47 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
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!
mwekez@ji
#199 Posted : Monday, September 16, 2013 10:18:47 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
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
the deal
#200 Posted : Monday, September 16, 2013 10:34:27 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
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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