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Co-operative Bank fate.. discuss
Sam_Kibs
#361 Posted : Tuesday, March 15, 2016 3:46:17 PM
Rank: New-farer


Joined: 7/1/2015
Posts: 67
Realtreaty wrote:
Woke up early to see Coop click 20 again. March 17 or 24 will be great days to have results FY2015. The share will have climbed to 23 by then and most likely fall back to 21 till Dividends closing date. It will rise again from End of June betwn 23-25 going up.The enemy within is only Mwalimu sacco.

i think it may not rally as such since the current prices has factored in the expected ''good news'' unless ofcourse they issue bonus shares. i see it stagnating at 20-21
“It’s no good, it’s no good!” says the buyer—
then goes off and boasts about the purchase-Proverbs 20:14
mlennyma
#362 Posted : Tuesday, March 15, 2016 4:02:35 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Sam_Kibs wrote:
Realtreaty wrote:
Woke up early to see Coop click 20 again. March 17 or 24 will be great days to have results FY2015. The share will have climbed to 23 by then and most likely fall back to 21 till Dividends closing date. It will rise again from End of June betwn 23-25 going up.The enemy within is only Mwalimu sacco.

i think it may not rally as such since the current prices has factored in the expected ''good news'' unless ofcourse they issue bonus shares. i see it stagnating at 20-21

comfort zone is 15-17
"Don't let the fear of losing be greater than the excitement of winning."
Realtreaty
#363 Posted : Tuesday, March 15, 2016 4:46:37 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,297
mlennyma wrote:
Sam_Kibs wrote:
Realtreaty wrote:
Woke up early to see Coop click 20 again. March 17 or 24 will be great days to have results FY2015. The share will have climbed to 23 by then and most likely fall back to 21 till Dividends closing date. It will rise again from End of June betwn 23-25 going up.The enemy within is only Mwalimu sacco.

i think it may not rally as such since the current prices has factored in the expected ''good news'' unless ofcourse they issue bonus shares. i see it stagnating at 20-21

comfort zone is 15-17

Liar That was a mere Bear Zone, 25 my be Bull Zone with comfort zone being 20-24 Kes
MaichBlack
#364 Posted : Tuesday, March 15, 2016 5:22:54 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,455
mlennyma wrote:
enyands wrote:
obiero wrote:
enyands wrote:
obiero wrote:
Realtreaty wrote:
when I said Co-op Bank is one of the best someone cut me down and put Equity and KCB. Now more are seeing this smile
Co-op is best bank stock, say analysts
My only worry is how Mwalimu sacco left if at all they left to Equitorial Bank they bought from Merali.
The Bank has been growing.
News for FY15 coming very soon- Mid to end March

The Mwalimu Sacco will not be successful in running to Equitorial.. Coop has institutional memory that cannot be replicated. Also, the bulk of teachers will not switch to a bank that doesnt have mobile banking, salary advances, check off loan capabilities..



It's a good counter but I think the management should quit the old ways of doing business .You know we can say how good husband is and all that, but bottom line is what does he bring on the table for the family to eat . We can praise how good coop bank is but bottom line is why hasn't the share ever rallied ?

The share rallied from KES 6 to KES 21.. Bonus shares issued are the primary cause of price stagnation


Well if I check my facts it had always 9 when the ipo was offered. Anyway I'll agree for now.

i don't like the introduction of agents in the banking halls,i have severally used my alternative accounts in other banks to avoid it.

They will DEFINITELY lose customers especially after they kick the agents out of the banking halls as the plan to do.

Imagine you want to deposit 500k. How many agents will you go to ukiambiwa "Hakuna float"! You might have to go to more than 10 agents to get all your money deposited!!! Will you feel safe going to an agent in the estate with 500k? Will the agent feel safe or be willing to accept 500k (even if he had the float) and keep it in his premises yet even the other customers are now aware of the transaction? Once you ask the agent (in front of everyone) "Naweza deposit 500k?" and he says no, are you sure you will ever reach the next agent with your 500k?? Are you willing to find out??

This forced agent biashara will backfire spectacularly. As long as other banks are accepting cash deposits, people will just move. Unless of course you are dealing with kidogo money!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Realtreaty
#365 Posted : Tuesday, March 15, 2016 7:55:38 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,297
MaichBlack wrote:
mlennyma wrote:
enyands wrote:
obiero wrote:
enyands wrote:
obiero wrote:
Realtreaty wrote:
when I said Co-op Bank is one of the best someone cut me down and put Equity and KCB. Now more are seeing this smile
Co-op is best bank stock, say analysts
My only worry is how Mwalimu sacco left if at all they left to Equitorial Bank they bought from Merali.
The Bank has been growing.
News for FY15 coming very soon- Mid to end March

The Mwalimu Sacco will not be successful in running to Equitorial.. Coop has institutional memory that cannot be replicated. Also, the bulk of teachers will not switch to a bank that doesnt have mobile banking, salary advances, check off loan capabilities..



It's a good counter but I think the management should quit the old ways of doing business .You know we can say how good husband is and all that, but bottom line is what does he bring on the table for the family to eat . We can praise how good coop bank is but bottom line is why hasn't the share ever rallied ?

The share rallied from KES 6 to KES 21.. Bonus shares issued are the primary cause of price stagnation


Well if I check my facts it had always 9 when the ipo was offered. Anyway I'll agree for now.

i don't like the introduction of agents in the banking halls,i have severally used my alternative accounts in other banks to avoid it.

They will DEFINITELY lose customers especially after the kick the agents out of the banking halls as the plan to do.

Imagine you want to deposit 500k. How many agents will you go to ukiambiwa "Hakuna float"! You might have to go to more than 10 agents to get all your money deposited!!! Will you feel safe going to an agent in the estate with 500k? Will the agent feel safe or be willing to accept 500k (even if he had the float) and keep it in his premises yet even the other customers are now aware of the transaction? Once you ask the agent (in front of everyone) "Naweza deposit 500k?" and he says no, are you sure you will ever reach the next agent with you 500k?? Are you willing to find out??

This forced agent biashara will backfire spectacularly. As long as other banks are accepting cash deposits, people will just move. Unless of course you are dealing with kidogo money!

smile Mboss weee, you can get pid through M-coopa thn ccepting hard cash from your debtors. Agents are there to simplify transactions for near and simple (lighter)monies that you cn easily get. The Agents can also deposit the money in your M-coopa account than give you cash. This is the essence and reduces Bank queing, bad hours etc. Equity nd M-pesa has used the same idea to rke in more customers and profits thereby creating more jobs.
Maich, tukutane Thursday evening tule mbuzi after the FY15 results. It will be favourable.
VituVingiSana
#366 Posted : Tuesday, March 15, 2016 8:32:13 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,107
Location: Nairobi
MaichBlack wrote:
mlennyma wrote:
enyands wrote:
obiero wrote:
enyands wrote:
obiero wrote:
Realtreaty wrote:
when I said Co-op Bank is one of the best someone cut me down and put Equity and KCB. Now more are seeing this smile
Co-op is best bank stock, say analysts
My only worry is how Mwalimu sacco left if at all they left to Equitorial Bank they bought from Merali.
The Bank has been growing.
News for FY15 coming very soon- Mid to end March

The Mwalimu Sacco will not be successful in running to Equitorial.. Coop has institutional memory that cannot be replicated. Also, the bulk of teachers will not switch to a bank that doesnt have mobile banking, salary advances, check off loan capabilities..



It's a good counter but I think the management should quit the old ways of doing business .You know we can say how good husband is and all that, but bottom line is what does he bring on the table for the family to eat . We can praise how good coop bank is but bottom line is why hasn't the share ever rallied ?

The share rallied from KES 6 to KES 21.. Bonus shares issued are the primary cause of price stagnation


Well if I check my facts it had always 9 when the ipo was offered. Anyway I'll agree for now.

i don't like the introduction of agents in the banking halls,i have severally used my alternative accounts in other banks to avoid it.

They will DEFINITELY lose customers especially after the kick the agents out of the banking halls as the plan to do.

Imagine you want to deposit 500k. How many agents will you go to ukiambiwa "Hakuna float"! You might have to go to more than 10 agents to get all your money deposited!!! Will you feel safe going to an agent in the estate with 500k? Will the agent feel safe or be willing to accept 500k (even if he had the float) and keep it in his premises yet even the other customers are now aware of the transaction? Once you ask the agent (in front of everyone) "Naweza deposit 500k?" and he says no, are you sure you will ever reach the next agent with you 500k?? Are you willing to find out??

This forced agent biashara will backfire spectacularly. As long as other banks are accepting cash deposits, people will just move. Unless of course you are dealing with kidogo money!

Is there a charge to make a deposit with an agent? So let's say you want to deposit 500k what does it cost at a single agent? What does it cost if it is 50k x 10 agents?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
enyands
#367 Posted : Tuesday, March 15, 2016 8:38:58 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
Realtreaty wrote:
MaichBlack wrote:
mlennyma wrote:
enyands wrote:
obiero wrote:
enyands wrote:
obiero wrote:
Realtreaty wrote:
when I said Co-op Bank is one of the best someone cut me down and put Equity and KCB. Now more are seeing this smile
Co-op is best bank stock, say analysts
My only worry is how Mwalimu sacco left if at all they left to Equitorial Bank they bought from Merali.
The Bank has been growing.
News for FY15 coming very soon- Mid to end March

The Mwalimu Sacco will not be successful in running to Equitorial.. Coop has institutional memory that cannot be replicated. Also, the bulk of teachers will not switch to a bank that doesnt have mobile banking, salary advances, check off loan capabilities..



It's a good counter but I think the management should quit the old ways of doing business .You know we can say how good husband is and all that, but bottom line is what does he bring on the table for the family to eat . We can praise how good coop bank is but bottom line is why hasn't the share ever rallied ?

The share rallied from KES 6 to KES 21.. Bonus shares issued are the primary cause of price stagnation


Well if I check my facts it had always 9 when the ipo was offered. Anyway I'll agree for now.

i don't like the introduction of agents in the banking halls,i have severally used my alternative accounts in other banks to avoid it.

They will DEFINITELY lose customers especially after the kick the agents out of the banking halls as the plan to do.

Imagine you want to deposit 500k. How many agents will you go to ukiambiwa "Hakuna float"! You might have to go to more than 10 agents to get all your money deposited!!! Will you feel safe going to an agent in the estate with 500k? Will the agent feel safe or be willing to accept 500k (even if he had the float) and keep it in his premises yet even the other customers are now aware of the transaction? Once you ask the agent (in front of everyone) "Naweza deposit 500k?" and he says no, are you sure you will ever reach the next agent with you 500k?? Are you willing to find out??

This forced agent biashara will backfire spectacularly. As long as other banks are accepting cash deposits, people will just move. Unless of course you are dealing with kidogo money!

smile Mboss weee, you can get pid through M-coopa thn ccepting hard cash from your debtors. Agents are there to simplify transactions for near and simple (lighter)monies that you cn easily get. The Agents can also deposit the money in your M-coopa account than give you cash. This is the essence and reduces Bank queing, bad hours etc. Equity nd M-pesa has used the same idea to rke in more customers and profits thereby creating more jobs.
Maich, tukutane Thursday evening tule mbuzi after the FY15 results. It will be favourable.


Western countries have a different mode of operations. They have lots of atms mpaka in convinient stores. They have branches but the same branches have few or 2 cashiers of which one of them is bank manager. Reasons:

1 their atms can accept checks and clear the same minute,also they accept and verify security features of cash to determine if it's fake.

BUT in kenya money has to placed in some specialised envelopes then deposited to atm and few atms operate like the ones abroad. Then you aren't sure if the money transfer agent will count right your money .

What if they tell you you have 1k less and in real sense your count was right ?


2 Security systems works abroad. Every corner you turn there is a working camera ,as you make transactions on atm there is a hidden camera on the computer screen of atm.So in actual sense you are getting your own mugshot without knowing.

BUT in here no such security systems and depositing 500k to an agent who the brother is the king of a local gang is a signing a death warrant on yourself


3 It will be hard to change the mentality of kenyans about banking halls . We love banking halls. We love seeing cashiers count our hard earned money behind those big glasses ,being served with a real person.So forcing us to go deal with coop jirani agent who I don't trust and I kopad mkate last year and haven't paid till today ,hoping to deposit 500k can be an uphill task.

McKinsey are from there abroad need to understand kenyan security systems and culture before shoving this idea down our throats like from where they come from . If I was man Gideon I would have introduced the 2 .As the other one is picking up I gradually reduce the tellers . For me this can take 4yrs to succeed .Let it be like weaning a baby to adult foods.

This bank really needs néw management.CEO has been there since I was in high school .It needs new blood ,new ideas .
Realtreaty
#368 Posted : Wednesday, March 16, 2016 10:33:02 AM
Rank: Elder


Joined: 8/16/2011
Posts: 2,297
Pushing and Pushing harder. The boy is mine!!!!!Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly .Thursday is Tomorrow. Coop following Equity closelywhich in turn follows KCB.
MaichBlack
#369 Posted : Wednesday, March 16, 2016 2:54:20 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,455
Realtreaty wrote:

Maich, tukutane Thursday evening tule mbuzi after the FY15 results. It will be favourable.

@Realtreaty - Tomorrow will be a good day. A very good day! Hiyo mbuzi tutaikula choma, fry na tumbukiza!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Realtreaty
#370 Posted : Wednesday, March 16, 2016 10:29:27 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,297
Laughing out loudly Laughing out loudly Laughing out loudly
That Mwalimu Sacco is timing the release of CO-OPBANK results as its Foster parent is funny. They have adopted the poorer ECB which is too hungry for money.
What will Muriuki sy bout Mwalimu in the CO-OP FY15 day break?

Teachers to pay more to keep ECB stake in Sh1bn cash call
maka
#371 Posted : Thursday, March 17, 2016 9:20:06 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Pesa Nane wekelea results.....smile Very good.
possunt quia posse videntur
Pesa Nane
#372 Posted : Thursday, March 17, 2016 9:33:38 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
maka wrote:
Pesa Nane wekelea results.....smile Very good.

Bonyeza HAPA
Pesa Nane plans to be shilingi when he grows up.
PKoli
#373 Posted : Thursday, March 17, 2016 9:36:22 AM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
Pesa Nane wrote:
maka wrote:
Pesa Nane wekelea results.....smile Very good.

Bonyeza HAPA

Only dividends are impressive
MaichBlack
#374 Posted : Thursday, March 17, 2016 3:43:20 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,455
PKoli wrote:
Pesa Nane wrote:
maka wrote:
Pesa Nane wekelea results.....smile Very good.

Bonyeza HAPA

Only dividends are impressive

Atì what???
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Realtreaty
#375 Posted : Thursday, March 17, 2016 6:44:12 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,297
smile Following the higher profit, the bank's directors have recommended a dividend of Sh0.80 per share for 2015. Shareholders were paid Sh0.50 per share as dividends in 2014.
Applause Applause Applause Applause Applause
I think I was in it and very right.
Hurraaaaaaaaaaaaaaay!!!!
Realtreaty
#376 Posted : Thursday, March 17, 2016 6:51:12 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,297
Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly And I told them that I was a real investor not that stupid. It came to pass!!!
Realtreaty wrote:
Quite an effort. heading back to its 20's level. March is its Yield Month and expect good returns 0.75- 1 Kes dvd or 0.5Kes plus 1 for every 20 shares bonus with first having more chancesApplause

enyands
#377 Posted : Thursday, March 17, 2016 7:06:17 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
Realtreaty wrote:
smile Following the higher profit, the bank's directors have recommended a dividend of Sh0.80 per share for 2015. Shareholders were paid Sh0.50 per share as dividends in 2014.
Applause Applause Applause Applause Applause
I think I was in it and very right.
Hurraaaaaaaaaaaaaaay!!!!


I'm at least happy kidogo .it's closer to 1 shilling dividend .I think man Gideon has tried .
Realtreaty
#378 Posted : Thursday, March 17, 2016 8:41:00 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,297
enyands wrote:
Realtreaty wrote:
smile Following the higher profit, the bank's directors have recommended a dividend of Sh0.80 per share for 2015. Shareholders were paid Sh0.50 per share as dividends in 2014.
Applause Applause Applause Applause Applause
I think I was in it and very right.
Hurraaaaaaaaaaaaaaay!!!!


I'm at least happy kidogo .it's closer to 1 shilling dividend .I think man Gideon has tried .

smile smile
The idea is borne so that 2016 reaches 1Kes. Now I cn start telling what to expect next year.
enyands
#379 Posted : Thursday, March 17, 2016 8:52:18 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
Realtreaty wrote:
enyands wrote:
Realtreaty wrote:
smile Following the higher profit, the bank's directors have recommended a dividend of Sh0.80 per share for 2015. Shareholders were paid Sh0.50 per share as dividends in 2014.
Applause Applause Applause Applause Applause
I think I was in it and very right.
Hurraaaaaaaaaaaaaaay!!!!


I'm at least happy kidogo .it's closer to 1 shilling dividend .I think man Gideon has tried .

smile smile
The idea is borne so that 2016 reaches 1Kes. Now I cn start telling what to expect next year.

Mention what to expect next year.want to hold you ransom on it Laughing out loudly
Spikes
#380 Posted : Thursday, March 17, 2016 9:23:00 PM
Rank: Elder


Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
enyands wrote:
Realtreaty wrote:
smile Following the higher profit, the bank's directors have recommended a dividend of Sh0.80 per share for 2015. Shareholders were paid Sh0.50 per share as dividends in 2014.
Applause Applause Applause Applause Applause
I think I was in it and very right.
Hurraaaaaaaaaaaaaaay!!!!


I'm at least happy kidogo .it's closer to 1 shilling dividend .I think man Gideon has tried .


You should not be glad on peanuts. HFCK pays 1.30/- per year and they are swinging at the same price range with COOP.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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