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Coop Bank - Stocksmaster's 1st Play 2013
Rank: Elder Joined: 12/7/2012 Posts: 11,935
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streetwise wrote:The beauty with being a consultant is that you never take any responsibilities.
If the startegy does not work , the fault belongs else where e.g the implementers, finces, climate even the air If it doesn't work, consultant will recommend for further investigations into this, by who.... A consultant of course. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Counter up to 22;the latest report by CBK saying in Kenya they are number 2 has given it ammunition to soldier on. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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Ericsson wrote:Counter up to 22;the latest report by CBK saying in Kenya they are number 2 has given it ammunition to soldier on. @ericsson.. At fair value one Coop share should be trading at a minimum of KES 35..
KQ ABP 4.26
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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@Obiero; At 35 the P/E will be abnormal compared to the peer banks. Co-op you need to be patient;fantastic results in Q1 and Q2 only to disappoint in Q3 and full year results. Maybe this year might be the year of change Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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Ericsson wrote:@Obiero;
At 35 the P/E will be abnormal compared to the peer banks.
Co-op you need to be patient;fantastic results in Q1 and Q2 only to disappoint in Q3 and full year results.
Maybe this year might be the year of change Coop headed to Ethiopia in seven months time.. CONFIRMED at the exchange bar
KQ ABP 4.26
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Rank: Member Joined: 1/13/2014 Posts: 398 Location: Denmark
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obiero wrote:Ericsson wrote:@Obiero;
At 35 the P/E will be abnormal compared to the peer banks.
Co-op you need to be patient;fantastic results in Q1 and Q2 only to disappoint in Q3 and full year results.
Maybe this year might be the year of change Coop headed to Ethiopia in seven months time.. CONFIRMED at the exchange bar Great news. Let them continue to venture Seeing is believing
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Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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Boris Boyka wrote:VituVingiSana wrote:obiero wrote:Boris Boyka wrote:obiero wrote:hold on tight. KES 21 is coming in next few days. I shall sell at that price @ Obiero don't you see it go higher than that by end yr or you're leaving it for "better faster" ROI elsewhere @boris it may go higher but i am comfortable with my exit point. actually, im headed out of financials in kenya because of the imminent fall in interest rates that may lead to reduced profitability if non interest income is not well managed/grown When interest rates decrease, many banks will decrease the interest rates paid to depositors as well thus maintaining the NIM as well as increasing the loan volumes. All that said, banks need to reduce their Cost-Income Ratio further by reducing the expensive channels. It will not be easy for banks in 2014. This is a village indigenous cow which you call all villagers to assist you tie tightly to the crush for hours for you to milk "2cups". when coop was at 16 KK was 8,CIC 4,Unga 16,NBK 19 calculating %. Patience indeed. Feb 24.2014.. That is when I asked to be excused from bank stocks, I then sold all I could including HFCK, KCB and some COOP. Like it always occurs with addiction, I was scuked back in by COOP & HFCK, albeit in reduced holdings. However, on keen evaluation I re-recommend a sale on all Kenyan bank stocks. Thank me later
KQ ABP 4.26
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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obiero wrote:Boris Boyka wrote:VituVingiSana wrote:obiero wrote:Boris Boyka wrote:obiero wrote:hold on tight. KES 21 is coming in next few days. I shall sell at that price @ Obiero don't you see it go higher than that by end yr or you're leaving it for "better faster" ROI elsewhere @boris it may go higher but i am comfortable with my exit point. actually, im headed out of financials in kenya because of the imminent fall in interest rates that may lead to reduced profitability if non interest income is not well managed/grown When interest rates decrease, many banks will decrease the interest rates paid to depositors as well thus maintaining the NIM as well as increasing the loan volumes. All that said, banks need to reduce their Cost-Income Ratio further by reducing the expensive channels. It will not be easy for banks in 2014. This is a village indigenous cow which you call all villagers to assist you tie tightly to the crush for hours for you to milk "2cups". when coop was at 16 KK was 8,CIC 4,Unga 16,NBK 19 calculating %. Patience indeed. Feb 24.2014.. That is when I asked to be excused from bank stocks, I then sold all I could including HFCK, KCB and some COOP. Like it always occurs with addiction, I was scuked back in by COOP & HFCK, albeit in reduced holdings. However, on keen evaluation I re-recommend a sale on all Kenyan bank stocks. Thank me later with the current economic situation a slowdown in bank profits is a must with some already in the decline zone,I also feel there will be a good entry to bank stocks later not now. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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mlennyma wrote:obiero wrote:Boris Boyka wrote:VituVingiSana wrote:obiero wrote:Boris Boyka wrote:obiero wrote:hold on tight. KES 21 is coming in next few days. I shall sell at that price @ Obiero don't you see it go higher than that by end yr or you're leaving it for "better faster" ROI elsewhere @boris it may go higher but i am comfortable with my exit point. actually, im headed out of financials in kenya because of the imminent fall in interest rates that may lead to reduced profitability if non interest income is not well managed/grown When interest rates decrease, many banks will decrease the interest rates paid to depositors as well thus maintaining the NIM as well as increasing the loan volumes. All that said, banks need to reduce their Cost-Income Ratio further by reducing the expensive channels. It will not be easy for banks in 2014. This is a village indigenous cow which you call all villagers to assist you tie tightly to the crush for hours for you to milk "2cups". when coop was at 16 KK was 8,CIC 4,Unga 16,NBK 19 calculating %. Patience indeed. Feb 24.2014.. That is when I asked to be excused from bank stocks, I then sold all I could including HFCK, KCB and some COOP. Like it always occurs with addiction, I was scuked back in by COOP & HFCK, albeit in reduced holdings. However, on keen evaluation I re-recommend a sale on all Kenyan bank stocks. Thank me later with the current economic situation a slowdown in bank profits is a must with some already in the decline zone,I also feel there will be a good entry to bank stocks later not now. To all that managed to lessen exposure to bank stocks. U can thank me now!
KQ ABP 4.26
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Rank: New-farer Joined: 7/17/2014 Posts: 15 Location: Geneva
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coop 15.95 and counting downwards....at this rate this bus is becoming sweeter by the day.... Regards,
Jimmy Boy
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Coop Bank - Stocksmaster's 1st Play 2013
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