Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
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VituVingiSana wrote:obiero wrote:Ericsson wrote:obiero wrote:obiero wrote:enyands wrote:obiero wrote:obiero wrote:the deal wrote:obiero wrote:Mr. Sulu wrote:[quote=obiero][quote=Cde Monomotapa]^We lead, others follow - ROOOARR!! (KCB - At consolidation stage)  KCB has underutilised strength and unlockin that has proved futile across change in management.. Meanwhile, banks with much lower asset base are angling for a kill! The lion is a CORPORATE bank that needed a connected captain, unfortunately the current one has shown no signs of being a master of these turbulent waters. There is a shift in the market where Coop will emerge second after Equity in next three years Do you have evidence to back it up or is it a hunch? The writing is on the wall Fact: Coop Bank will never overtake KCB in terms of profitability in the next 3yrs...@obiero take that to the bank or your nearest hospital...cos it aint happening...if you think it will...then buy some antiacids... Coop already at number 3. Musical chairs, watch this space. Well maybe 3 yrs is on the shorter side as @deal said, but who else has analysed the NII, asset book, customer numbers.. The writing is on the wall.. www.businessdailyafrica....52/-/qne942/-/index.html Veni, vedi, veci..  @@Obiero I realize you are good at the banking area. You know how and when to get info. Beside the point coop is slowly crawling up top banks in kenya.though it's a solid company their shares have only doubled since they floated the shares in 2008. Hope it will rally one day COOP now with more market share as well as higher capital than KCB Kenya Gideon like most wise leaders is ahead of the rate cap curve in banking.. http://www.businessdaily...56262-q4fyjp/index.html[/quote] @Obiero In absolute terms it will take years and time before Co-op catches up with KCB. If you compare the PBT in 2015 and 2016 for both firms you will see that the gap between the two is widening. KCB FY 2015 PBT was ksh.26.5bn vs. Co-op ksh.15.4bn. Gap is ksh.11.1bn KCB FY 2016 PBT is ksh.29.1bn vs. Co-op Ksh.17.7bn Gap is ksh.11.4bn It takes just a couple of big ticket items to move a bank from tier 2 to tier 1.. In the same vein, simple strong corporate lending moves can make the difference for COOP, starting with Two Rivers.. Meanwhile, watch the upward price move prior to 27th May http://www.businessdaily...1654-vnmjkrz/index.html[/quote] Where have I read this sort of comment before? "Meanwhile, watch the upward price move prior to 27th May " Here we are.. COOP taking EQTY territory http://www.businessdaily...76382-151kjf4/index.html
KQ ABP 4.26
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