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Coop Bank - Stocksmaster's 1st Play 2013
Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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obiero wrote:enyands wrote:sparkly wrote:enyands wrote:Angelica _ann wrote:obiero wrote:Cornelius Vanderbilt wrote:obiero wrote:obiero wrote:mlennyma wrote:Single digit price from tomorrow Traders will have a field day, but some of us can watch a stock go down by over 80% and still live on. Even at KES 17 COOP is cheap. The current price can only be equated to the biblical manna @mlennyma we waited for the single digit on COOP it never came.. Money on the table right here with COOP,decide if you want to collect the cash, one of the cheapest tier 1 stocks you can turn into a stone statue waiting for this stock to rally. do you know how many times the stock has split or bonus issued? what about the dividend yield? plus the stock once touched KES 5.8 and rose to KES 23.. In stocks, it's all about time Since IPO split = zero!!!!! I categorically mentioned that one time and our sister guru267 alinivamia sana.i compared it to its competitor-member,that went up ,split, came down, went up again split na hii coop iko just there. My friend who invested in member in 2008 has 3 times the number of shares I have at coop ,of a higher value and yet we had initially invest the same amount of shares . Tried to hammer this point to guru267 but as you know she will dismiss and brush you aside with some financial technical words that till today I have never understood what she meant  Elderly wisdom right there. Memba has better ROE, ROA, Margins, NIM which on the long run translate to a better return. This is what happened 2006 -I had 10,000 coop wrth 100k-My pal 1000 equity wrth 100k2007 -I had 10,000 coop wrth 100k-My pal had 2000 eqt wrth 50k because of spilt they had, the price had to be halved.Later that year his share hit 100 again so his worth became whooping 200,000 meanwhile I got stuck at 100,0002008 -I had 10,000 coop worth still 100k-my pals share split again and he was given I think 1000 shares more so he had 3000 equity and the price that time hit 120 so his worth became 320,000 and here he boomed out So at the end of 2008 he was worth 320,000 while poor me got stuck at 100k till today . I have taken my time to do an explanation. I regret why I never followed his path. equity is 100 times better in terms of ROE and ROA than coop..all hands down Even in your own analysis there are biased lies.. We have all agreed that the coop share issued 2 bonuses which you fail to mention. Further, when the coop price peaked at KES 23, who really stopped you from bailing out?? Its impossible for you to remain constant at KES 100K unless you have terrible stock trading capacity Just to correct you,my analysis was based on end of 2008. He bailed out I stayed Also I have my personal reasons why I didn't sell this one till today. I was a former employee and I'm using using it as a leverage on something.i have much much more than 10k just that i was using it as a starting point. So don't base your analogy on your guru skills of kq on mine . Wewe ni pro ama
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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enyands wrote:obiero wrote:enyands wrote:sparkly wrote:enyands wrote:Angelica _ann wrote:obiero wrote:Cornelius Vanderbilt wrote:obiero wrote:obiero wrote:mlennyma wrote:Single digit price from tomorrow Traders will have a field day, but some of us can watch a stock go down by over 80% and still live on. Even at KES 17 COOP is cheap. The current price can only be equated to the biblical manna @mlennyma we waited for the single digit on COOP it never came.. Money on the table right here with COOP,decide if you want to collect the cash, one of the cheapest tier 1 stocks you can turn into a stone statue waiting for this stock to rally. do you know how many times the stock has split or bonus issued? what about the dividend yield? plus the stock once touched KES 5.8 and rose to KES 23.. In stocks, it's all about time Since IPO split = zero!!!!! I categorically mentioned that one time and our sister guru267 alinivamia sana.i compared it to its competitor-member,that went up ,split, came down, went up again split na hii coop iko just there. My friend who invested in member in 2008 has 3 times the number of shares I have at coop ,of a higher value and yet we had initially invest the same amount of shares . Tried to hammer this point to guru267 but as you know she will dismiss and brush you aside with some financial technical words that till today I have never understood what she meant Elderly wisdom right there. Memba has better ROE, ROA, Margins, NIM which on the long run translate to a better return. This is what happened 2006 -I had 10,000 coop wrth 100k-My pal 1000 equity wrth 100k2007 -I had 10,000 coop wrth 100k-My pal had 2000 eqt wrth 50k because of spilt they had, the price had to be halved.Later that year his share hit 100 again so his worth became whooping 200,000 meanwhile I got stuck at 100,0002008 -I had 10,000 coop worth still 100k-my pals share split again and he was given I think 1000 shares more so he had 3000 equity and the price that time hit 120 so his worth became 320,000 and here he boomed out So at the end of 2008 he was worth 320,000 while poor me got stuck at 100k till today . I have taken my time to do an explanation. I regret why I never followed his path. equity is 100 times better in terms of ROE and ROA than coop..all hands down Even in your own analysis there are biased lies.. We have all agreed that the coop share issued 2 bonuses which you fail to mention. Further, when the coop price peaked at KES 23, who really stopped you from bailing out?? Its impossible for you to remain constant at KES 100K unless you have terrible stock trading capacity Just to correct you,my analysis was based on end of 2008. He bailed out I stayed Also I have my personal reasons why I didn't sell this one till today. I was a former employee and I'm using using it as a leverage on something.i have much much more than 10k just that i was using it as a starting point. So don't base your analogy on your guru skills of kq on mine . Wewe ni pro ama I think its very unfair to compare co-op with member.Equity can only be compared with simba.While coop can be fairly compared with barclays,hfck,i&m and dtb. Towards the goal of financial freedom
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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@enyands You forgot to mention that in 2008 during the IPO coop did a share split of 1:100 So the person who had 10,000 shares now has1,000,000. In 2012 a bonus issue of 1:5 was issued which now brings the total shares to 1.2mn In 2014 a bonus issue of 1:6 was issued which now brings the total number to 1.5mn shares. Multiply that with the current value and get your maths. Add also the total dividend received so far Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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Ebenyo wrote:enyands wrote:obiero wrote:enyands wrote:sparkly wrote:enyands wrote:Angelica _ann wrote:obiero wrote:Cornelius Vanderbilt wrote:obiero wrote:obiero wrote:mlennyma wrote:Single digit price from tomorrow Traders will have a field day, but some of us can watch a stock go down by over 80% and still live on. Even at KES 17 COOP is cheap. The current price can only be equated to the biblical manna @mlennyma we waited for the single digit on COOP it never came.. Money on the table right here with COOP,decide if you want to collect the cash, one of the cheapest tier 1 stocks you can turn into a stone statue waiting for this stock to rally. do you know how many times the stock has split or bonus issued? what about the dividend yield? plus the stock once touched KES 5.8 and rose to KES 23.. In stocks, it's all about time Since IPO split = zero!!!!! I categorically mentioned that one time and our sister guru267 alinivamia sana.i compared it to its competitor-member,that went up ,split, came down, went up again split na hii coop iko just there. My friend who invested in member in 2008 has 3 times the number of shares I have at coop ,of a higher value and yet we had initially invest the same amount of shares . Tried to hammer this point to guru267 but as you know she will dismiss and brush you aside with some financial technical words that till today I have never understood what she meant Elderly wisdom right there. Memba has better ROE, ROA, Margins, NIM which on the long run translate to a better return. This is what happened 2006 -I had 10,000 coop wrth 100k-My pal 1000 equity wrth 100k2007 -I had 10,000 coop wrth 100k-My pal had 2000 eqt wrth 50k because of spilt they had, the price had to be halved.Later that year his share hit 100 again so his worth became whooping 200,000 meanwhile I got stuck at 100,0002008 -I had 10,000 coop worth still 100k-my pals share split again and he was given I think 1000 shares more so he had 3000 equity and the price that time hit 120 so his worth became 320,000 and here he boomed out So at the end of 2008 he was worth 320,000 while poor me got stuck at 100k till today . I have taken my time to do an explanation. I regret why I never followed his path. equity is 100 times better in terms of ROE and ROA than coop..all hands down Even in your own analysis there are biased lies.. We have all agreed that the coop share issued 2 bonuses which you fail to mention. Further, when the coop price peaked at KES 23, who really stopped you from bailing out?? Its impossible for you to remain constant at KES 100K unless you have terrible stock trading capacity Just to correct you,my analysis was based on end of 2008. He bailed out I stayed Also I have my personal reasons why I didn't sell this one till today. I was a former employee and I'm using using it as a leverage on something.i have much much more than 10k just that i was using it as a starting point. So don't base your analogy on your guru skills of kq on mine . Wewe ni pro ama I think its very unfair to compare co-op with member.Equity can only be compared with simba.While coop can be fairly compared with barclays,hfck,i&m and dtb. I hope obiero issuing notes
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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Ericsson wrote:@enyands
You forgot to mention that in 2008 during the IPO coop did a share split of 1:100
So the person who had 10,000 shares now has1,000,000.
In 2012 a bonus issue of 1:5 was issued which now brings the total shares to 1.2mn
In 2014 a bonus issue of 1:6 was issued which now brings the total number to 1.5mn shares.
Multiply that with the current value and get your maths.
Add also the total dividend received so far I'm telling you what I saw when I was there it's only @othelo who may understand
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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@enyands We were comparing the performance of equity and coop bank from the period 2006-2016. The other ukoras can be dealt with in another forum. I know of a normal citizen who had 200 shares and after the IPO and share split shares became 20,000. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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Ericsson wrote:@enyands
We were comparing the performance of equity and coop bank from the period 2006-2016.
The other ukoras can be dealt with in another forum.
I know of a normal citizen who had 200 shares and after the IPO and share split shares became 20,000. I hope hii you are talking of ni member that underwent a lot of split
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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@enyands Hiyo ni Kinkdom bank Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/25/2014 Posts: 2,301 Location: kenya
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Ericsson wrote:@enyands
Hiyo ni Kinkdom bank Eric I don't know what class of shares you are referring to because there is class A and class B. I held mine for more than 9 yrs.just one time i remember there was a little, very little bonus i think for every 1000 shares you had they gave you 100 which translated to 10% of your holdings. Which was so much small. If we compare the same ratio with equity we find equity to have doubled and tripled and done wonders . But your math was worrying because the people who made it are people who had shares pre-ipo like you 200 shares friend and some selected "few". These are people whom their shares went 100X. But the likes of us who got post Ipo ,we just got a bonus and a cute dividends year after year. All people who made it are the ones pre-ipo.Here is all your answers official records show that senior employees and directors who bought Co-op Bank shares at a par value of Sh100 have seen the value of their investment appreciate by close to 800 per cent after each share was split 100 times and assigned a nominal value of Sh1 in the run up to the listingI would have printed My statement you see what I mean if you think my sentiments aren't correct but mimi sio obiero 
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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@enyands if its post IPO then there have only been two bonus issues. As for the share performance post IPO it's been pathetic;I even mentioned in an earlier quote that even Kenya Re share price performance is better than coop in the period mentioned. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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