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Coop Bank Q1 2015 PAT up 29%
ngapat
#1 Posted : Wednesday, April 29, 2015 2:40:55 PM
Rank: Member


Joined: 12/11/2006
Posts: 884
Co-operative Bank has announced a 29 per cent growth in earnings for the three months to March, posting Sh3.17 billion in net profit compared to Sh2.46 billion recorded during a similar period last year.Applause
“Invest in yourself. Your career is the engine of your wealth.”
yosie14
#2 Posted : Wednesday, April 29, 2015 2:58:54 PM
Rank: Member


Joined: 12/17/2013
Posts: 118
Great!!.
What is the share of profit from CIC?

KCB,NMG,PAFR
mlennyma
#3 Posted : Wednesday, April 29, 2015 3:04:42 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
yosie14 wrote:
Great!!.
What is the share of profit from CIC?


this is what the market needs to reconsider its down turn.
"Don't let the fear of losing be greater than the excitement of winning."
S.Mutaga III
#4 Posted : Wednesday, April 29, 2015 3:17:39 PM
Rank: Member


Joined: 3/26/2012
Posts: 830
Link????
A successful man is not he who gets the best, it is he who makes the best from what he gets.
muganda
#5 Posted : Wednesday, April 29, 2015 3:40:54 PM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
S.Mutaga III wrote:
Link????


There you go http://ge.tt/6JPeMSF2/v/0
There was good reason to almost give up on them FY
Ericsson
#6 Posted : Wednesday, April 29, 2015 3:53:07 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
@mlenyama;
Share of profit from associate which is CIC is sh.88.53mn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Boris Boyka
#7 Posted : Wednesday, April 29, 2015 6:04:55 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
Ericsson wrote:
@mlenyama;
Share of profit from associate which is CIC is sh.88.53mn

vs Q1 2014??
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
MaichBlack
#8 Posted : Wednesday, April 29, 2015 7:02:39 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,460
ngapat wrote:
Co-operative Bank has announced a 29 per cent growth in earnings for the three months to March, posting Sh3.17 billion in net profit compared to Sh2.46 billion recorded during a similar period last year.Applause

As my Jamaican friend would say, Good tings a gwan!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
obiero
#9 Posted : Wednesday, April 29, 2015 7:15:36 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,551
Location: nairobi
and some wazuans will still say im holding the wrong shares..

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
MaichBlack
#10 Posted : Wednesday, April 29, 2015 7:45:39 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,460
obiero wrote:
and some wazuans will still say im holding the wrong shares..

Wazuans talk about your KQ holding. Period!

The same way you keep reminding @guru about her Home Africa shares yet she owns others including Jubilee which has made her loads of cash!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
obiero
#11 Posted : Wednesday, April 29, 2015 8:22:07 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,551
Location: nairobi
MaichBlack wrote:
obiero wrote:
and some wazuans will still say im holding the wrong shares..

Wazuans talk about your KQ holding. Period!

The same way you keep reminding @guru about her Home Africa shares yet she owns others including Jubilee which has made her loads of cash!

There was a wazuan who said I shouldnt have sold KCB.. But look at COOP now

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
MaichBlack
#12 Posted : Wednesday, April 29, 2015 8:55:06 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,460
obiero wrote:
MaichBlack wrote:
obiero wrote:
and some wazuans will still say im holding the wrong shares..

Wazuans talk about your KQ holding. Period!

The same way you keep reminding @guru about her Home Africa shares yet she owns others including Jubilee which has made her loads of cash!

There was a wazuan who said I shouldnt have sold KCB.. But look at COOP now

I am the wazuan who said you sold KCB and bought....
.....
.....
wait for this
.....
.....
KQ!!!

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

Where might I have got that information from?? You stated it yourself!!!

obiero wrote:
I am buying more KQ using proceeds from the KCB sale. It may look like insanity right now, but kindly lets compare notes in a few month's time


Here is the link. Post #1392

COOP inaingilia wapi hapa?
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
maka
#13 Posted : Thursday, April 30, 2015 9:04:47 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
MaichBlack wrote:
obiero wrote:
MaichBlack wrote:
obiero wrote:
and some wazuans will still say im holding the wrong shares..

Wazuans talk about your KQ holding. Period!

The same way you keep reminding @guru about her Home Africa shares yet she owns others including Jubilee which has made her loads of cash!

There was a wazuan who said I shouldnt have sold KCB.. But look at COOP now

I am the wazuan who said you sold KCB and bought....
.....
.....
wait for this
.....
.....
KQ!!!

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

Where might I have got that information from?? You stated it yourself!!!

obiero wrote:
I am buying more KQ using proceeds from the KCB sale. It may look like insanity right now, but kindly lets compare notes in a few month's time


Here is the link. Post #1392

COOP inaingilia wapi hapa?


smile
possunt quia posse videntur
S.Mutaga III
#14 Posted : Thursday, April 30, 2015 9:45:04 AM
Rank: Member


Joined: 3/26/2012
Posts: 830
maka wrote:
MaichBlack wrote:
obiero wrote:
MaichBlack wrote:
obiero wrote:
and some wazuans will still say im holding the wrong shares..

Wazuans talk about your KQ holding. Period!

The same way you keep reminding @guru about her Home Africa shares yet she owns others including Jubilee which has made her loads of cash!

There was a wazuan who said I shouldnt have sold KCB.. But look at COOP now

I am the wazuan who said you sold KCB and bought....
.....
.....
wait for this
.....
.....
KQ!!!

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

Where might I have got that information from?? You stated it yourself!!!

obiero wrote:
I am buying more KQ using proceeds from the KCB sale. It may look like insanity right now, but kindly lets compare notes in a few month's time


Here is the link. Post #1392

COOP inaingilia wapi hapa?


smile

It didnt look like insanity. It was insanity...haha..reminds me of QW and accesskenya...from 40s to 5...the guy sells and the stock rallies to 14...talk of bad business
A successful man is not he who gets the best, it is he who makes the best from what he gets.
murchr
#15 Posted : Friday, May 01, 2015 3:12:21 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
S.Mutaga III wrote:
maka wrote:
MaichBlack wrote:
obiero wrote:
MaichBlack wrote:
obiero wrote:
and some wazuans will still say im holding the wrong shares..

Wazuans talk about your KQ holding. Period!

The same way you keep reminding @guru about her Home Africa shares yet she owns others including Jubilee which has made her loads of cash!

There was a wazuan who said I shouldnt have sold KCB.. But look at COOP now

I am the wazuan who said you sold KCB and bought....
.....
.....
wait for this
.....
.....
KQ!!!

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

Where might I have got that information from?? You stated it yourself!!!

obiero wrote:
I am buying more KQ using proceeds from the KCB sale. It may look like insanity right now, but kindly lets compare notes in a few month's time


Here is the link. Post #1392

COOP inaingilia wapi hapa?


smile

It didnt look like insanity. It was insanity...haha..reminds me of QW and accesskenya...from 40s to 5...the guy sells and the stock rallies to 14...talk of bad business


Bad thing with this stock, even after a good set of results the market doesn't feel the vibe.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
instinct
#16 Posted : Monday, May 04, 2015 6:06:17 PM
Rank: Member


Joined: 8/17/2007
Posts: 294
This is the stock to watch this year at the NSE. highest net profit growth so far(29%). equity growing at 11%
obiero
#17 Posted : Monday, May 04, 2015 10:18:39 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,551
Location: nairobi
instinct wrote:
This is the stock to watch this year at the NSE. highest net profit growth so far(29%). equity growing at 11%

Blessed are those who see beyond their nose

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
subaru
#18 Posted : Tuesday, May 05, 2015 10:17:11 AM
Rank: Member


Joined: 3/15/2010
Posts: 391
Location: nairobie
murchr wrote:
S.Mutaga III wrote:
maka wrote:
MaichBlack wrote:
obiero wrote:
MaichBlack wrote:
obiero wrote:
and some wazuans will still say im holding the wrong shares..

Wazuans talk about your KQ holding. Period!

The same way you keep reminding @guru about her Home Africa shares yet she owns others including Jubilee which has made her loads of cash!

There was a wazuan who said I shouldnt have sold KCB.. But look at COOP now

I am the wazuan who said you sold KCB and bought....
.....
.....
wait for this
.....
.....
KQ!!!

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

Where might I have got that information from?? You stated it yourself!!!

obiero wrote:
I am buying more KQ using proceeds from the KCB sale. It may look like insanity right now, but kindly lets compare notes in a few month's time


Here is the link. Post #1392

COOP inaingilia wapi hapa?


smile

It didnt look like insanity. It was insanity...haha..reminds me of QW and accesskenya...from 40s to 5...the guy sells and the stock rallies to 14...talk of bad business


Bad thing with this stock, even after a good set of results the market doesn't feel the vibe.



of late they have removed the manual filling of deposit slips could this reduction have aided in their profit ? if so lets see kplc increase theirs since they have stopped issuing some printed bills
MaichBlack
#19 Posted : Tuesday, May 05, 2015 10:19:10 AM
Rank: Elder


Joined: 7/22/2009
Posts: 7,460
Bloody Dyer and Blair almost gave me a heart attack yesterday evening!!!

I logged on to my account and noticed a significant reduction in my portfolio valuation!! I checked and noticed they had valued Co - op Bank at 13/=!!! I wondered "What the hell happened while I was away???". I immediately went to other sites and realized the 13/= was an error!!

Such mistakes are very serious. Some Wanjiku might immediately press the sell button (at market value!) to bolt from the 'sinking ship'!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
winmak
#20 Posted : Tuesday, May 05, 2015 5:37:06 PM
Rank: Member


Joined: 12/1/2007
Posts: 539
Location: Nakuru
MaichBlack wrote:
Bloody Dyer and Blair almost gave me a heart attack yesterday evening!!!

I logged on to my account and noticed a significant reduction in my portfolio valuation!! I checked and noticed they had valued Co - op Bank at 13/=!!! I wondered "What the hell happened while I was away???". I immediately went to other sites and realized the 13/= was an error!!

Such mistakes are very serious. Some Wanjiku might immediately press the sell button (at market value!) to bolt from the 'sinking ship'!!!


Happened to COOP again last month on SBGs Itrader, showed KES 12 price while market read 20, it was rectified after 2 days... I wonder why it happens only to COOP...
For investors as a whole, returns decrease as motion increases ~ WB
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