Wazua
»
Investor
»
Stocks
»
Co-operative Bank fate.. discuss
Rank: Elder Joined: 8/16/2011 Posts: 2,297
|
First Quarter 2018 Positive Waiting for the uncapping to see the direction this stock will take Its an early buy- buy https://www.nation.co.ke/busines...78766-axbib9z/index.html
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
|
Almost all top banks have proved the rate cap was not a death sentence and can do with or without it "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
|
mlennyma wrote:Almost all top banks have proved the rate cap was not a death sentence and can do with or without it What about the economy? Rate cap will be effective if GoK reduces it's domestic borrowing. The banks are reporting growth as they increased investment in government securities not private sector growth Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
|
Ericsson wrote:mlennyma wrote:Almost all top banks have proved the rate cap was not a death sentence and can do with or without it What about the economy? Rate cap will be effective if GoK reduces it's domestic borrowing. The banks are reporting growth as they increased investment in government securities not private sector growth A sad reality
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
|
future looks bright though they should try to increase dividend payout. https://www.standardmedi...nd-of-80-cents-per-share Towards the goal of financial freedom
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
|
Ericsson wrote:mlennyma wrote:Almost all top banks have proved the rate cap was not a death sentence and can do with or without it What about the economy? Rate cap will be effective if GoK reduces it's domestic borrowing. The banks are reporting growth as they increased investment in government securities not private sector growth The reality is that many banks are making more money on a risk-reward basis on high-yielding GoK securities and Non-Interest Income rather than lending to the private sector. Equity made it clear that it would increase its GoK debt book at the expense of its loan book. 18 months later, we see some banks with 50+% of their assets in GoK paper. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 8/16/2011 Posts: 2,297
|
Hope Coop Bank did not COOPerate in NYS cartel fraud.
Let see which banks are greedy
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
|
The cheapest bank stock at the moment
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Member Joined: 6/15/2013 Posts: 301
|
obiero wrote:The cheapest bank stock at the moment What's the P/E ratio of Coop Vis a Vis KCB, Equity? Just asking. ...
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
|
mulla wrote:obiero wrote:The cheapest bank stock at the moment What's the P/E ratio of Coop Vis a Vis KCB, Equity? Just asking. ... Will check on tomorrow's business daily. Sina gazeti hapa
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
|
obiero wrote:mulla wrote:obiero wrote:The cheapest bank stock at the moment What's the P/E ratio of Coop Vis a Vis KCB, Equity? Just asking. ... Will check on tomorrow's business daily. Sina gazeti hapa P/E of Co-op is 8.7 P/E of Equity is 10 P/E of KCB is. 7.477 That is based on FY 2017 results Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Member Joined: 6/15/2013 Posts: 301
|
Ericsson wrote:obiero wrote:mulla wrote:obiero wrote:The cheapest bank stock at the moment What's the P/E ratio of Coop Vis a Vis KCB, Equity? Just asking. ... Will check on tomorrow's business daily. Sina gazeti hapa P/E of Co-op is 8.7 P/E of Equity is 10 P/E of KCB is. 7.477 That is based on FY 2017 results Going by FY17 and the good results Simba posted half YR18 then KCB should be the cheapest and Equity the most expensive amongst the Tier 1..... 
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
|
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Elder Joined: 8/16/2011 Posts: 2,297
|
At its current price this stock is cheap owing to the strength it has.
Though I had sold a large chunk I am again moving at top speed to buy it cheap and prop my portfolio again.
How about Barclay bank? A good buy under ABSA?
Banks do not disappoint
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
|
Realtreaty wrote:At its current price this stock is cheap owing to the strength it has.
Though I had sold a large chunk I am again moving at top speed to buy it cheap and prop my portfolio again.
How about Barclay bank? A good buy under ABSA?
Banks do not disappoint Dirt cheap.. Wish I had higher liquidity for more COOP
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
|
Loan recoveries for Coop Bank assuming Coop made the loans? https://www.businessdail...48748-8afaihz/index.htmlGreedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 12/7/2012 Posts: 11,908
|
[quote=VituVingiSana]Loan recoveries for Coop Bank assuming Coop made the loans? https://www.businessdail...8748-8afaihz/index.html[/quote] Should be CFC Stanbic. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
|
Stanbic is on a roll with collecting NPLs. It has ARM on the hook. Now this guy. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
|
obiero wrote:ombaalbt wrote:obiero wrote:obiero wrote:Realtreaty wrote:obiero wrote:winmak wrote:obiero wrote:Horton wrote:Gatheuzi wrote:ARAP CHARLES wrote:Ebenyo wrote:Realtreaty wrote: Going ex-DVD this Friday after having gone up to 17.50 high Will it maintain the tempo of atleast 15 and move up to its original level 20-25 like its mates @Equity How much will the new to be created shares dilute the Pombe? and could dilution increase activity as we saw in safaricom thereby helping tap investors to fund M-coop cash as a line to make money through Mobile money? The price will come down ex-dvd due to dillution.not everyone will like to be dilluted. Ebenyo... BONUS DEADLINE IS JUNE 30TH. It seems big dillution will come after then for now i forsee a shorter ride from where we are today.. Bonus shares don't lead to dilution per se. Every investor will be allocated prorata number of shares based on their holdings at the closing date. Price will take the direction south, but is compensated by a much bigger float leading to a similar market cap nontheless and of course assuming efficient market dynamics. Im not so sure about that. There are more shares in the market willth demand remaining about the same all other things being equal I am sure @gatheuzi may be wrong on this aspect.. The share will need to go down ex bonus.. By how much? Ideally, it should be the equivalent of one's holding i.e if one's portfolio was KES 17,000 cum bonus it should remain at the same KES 17,000 ex bonus but with a lower price per share By approximately 20% Yes. That sounds about right.. The current price is fully baked in.. All the dividend plus bonus news has been factored in.. I will be truly surprised if the share does not dip tomorrow  This Man Obiero is out and is scouting for a drop to go back in. Obiero is gunning for 12 again after moving out at 17 raking in 5 sh per share. So if I can remember his holding @ 21500 before the dvd then he has (21500*5 = 107500 ) but I do not know his actual buying price.That price @12 he want back will deny him any other money. May be he bought when price was @IPO range of 9 many years back. Wishing him all best....sisi bado tuko Ndaaaaaaaaaaaaaaaaaniii!!! Lol. I don't wish COOP ill.. I like its consistency and as a tier I bank it will definitely thrive, but right now im uneasy by the way our economy is being handled Now at KES 16.65.. http://live.mystocks.co.ke/m/stock=COOP
Is this still cut bonus even when it's ex dividend? I read somewhere that books closure for bonus issue is 30th June. Someone kindly con firm. You are right. It's trading ex div but cum bonus. The charts were against a continued rally. Tomorrow we go to the 15s http://live.mystocks.co.ke/m/stock=COOP
A buyer's stock right now.. Just touched its fair value. Will have to suspend KQ purchases and concentrate on COOP
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
|
|
|
Wazua
»
Investor
»
Stocks
»
Co-operative Bank fate.. discuss
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|