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Co-op bank 1H 2014 pretax profit up 15%

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bird_man		#21 Posted : Friday, August 15, 2014 10:34:30 PM
Rank: Veteran Joined: 11/2/2006 Posts: 1,206 Location: Nairobi		Cde Monomotapa wrote: Co-op launches M-Shwari competitor Also, it seems more profitable to run Bancassurance for CIC via COOP. A slice of that 6B in CIC's premiums less claims (pure commissions) is a splendid proposition? How is this a competitor to Mshwari?Its just a re-launched mbanking platform if you ask me for Coop customers. Formally employed people often live their employers' dream & forget about their own.
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Cde Monomotapa		#22 Posted : Friday, August 15, 2014 10:38:51 PM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		bird_man wrote: Cde Monomotapa wrote: Co-op launches M-Shwari competitor Also, it seems more profitable to run Bancassurance for CIC via COOP. A slice of that 6B in CIC's premiums less claims (pure commissions) is a splendid proposition? How is this a competitor to Mshwari?Its just a re-launched mbanking platform if you ask me for Coop customers. It's called sabre rattling boss, relax 'The more the merrier.'
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bird_man		#23 Posted : Saturday, August 16, 2014 8:31:22 AM
Rank: Veteran Joined: 11/2/2006 Posts: 1,206 Location: Nairobi		Cde Monomotapa wrote: bird_man wrote: Cde Monomotapa wrote: Co-op launches M-Shwari competitor Also, it seems more profitable to run Bancassurance for CIC via COOP. A slice of that 6B in CIC's premiums less claims (pure commissions) is a splendid proposition? How is this a competitor to Mshwari?Its just a re-launched mbanking platform if you ask me for Coop customers. It's called sabre rattling boss, relax 'The more the merrier.' Formally employed people often live their employers' dream & forget about their own.
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Realtreaty		#24 Posted : Saturday, August 16, 2014 5:42:01 PM
Rank: Elder Joined: 8/16/2011 Posts: 2,297		This stock is still undervalued. This has been on a good streak, paid dividends and bonuses very well but the price is still very low. Co-op is well associated with Co-op movements that are laking in more money through land, real estates, farming, marketing, transport etc. I feel its fair price is over 40Kes.
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obiero		#25 Posted : Saturday, August 16, 2014 7:26:18 PM
Rank: Elder Joined: 6/23/2009 Posts: 13,552 Location: nairobi		Realtreaty wrote: This stock is still undervalued. This has been on a good streak, paid dividends and bonuses very well but the price is still very low. Co-op is well associated with Co-op movements that are laking in more money through land, real estates, farming, marketing, transport etc. I feel its fair price is over 40Kes. Considering the number of Coop shares, i'd say its fair value is over KES 30.. Looks like one of the few bank stock worth buying at current prices HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Realtreaty		#26 Posted : Tuesday, August 19, 2014 1:11:22 PM
Rank: Elder Joined: 8/16/2011 Posts: 2,297		...and now with the M-cooploan it gonn do great!![url=Co-op beats top tier rivals as key lender in 12-months - See more at: http://www.the-star.co.k...ss#sthash.gf5aHh4H.dpuf]Co-op beats top tier rivals as key lender in 12-months - See more at: http://www.the-star.co.k...ss#sthash.gf5aHh4H.dpuf[/url] Quote: Wisdom is riches!!
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