Rank: Elder Joined: 6/23/2009 Posts: 13,559 Location: nairobi
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Ericsson wrote:obiero wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Ericsson wrote:obiero wrote:obier wrote:obiero wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Ericsson wrote:obiero wrote:enyands wrote:obiero wrote:obiero wrote:the deal wrote:[quote=obiero] 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 @@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
@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
Where have I read this sort of comment before? "Meanwhile, watch the upward price move prior to 27th May " Industry status now shows COOP at number 2 both in terms of assets and liabilities as per Q1 2018 data COOP still the bank to watch. Now second top in market share 9.9%. Slightly behind KCB at 14.4%.. https://www.standardmedi...ns-top-in-pecking-order[/quote] Equity declining www.winda.co.ke has the Q1 forecast For 2022 Mzee 😄 38.5B PBT FY 2024.. A solid firm Not possible. Q3 PBT was ksh.26bn. Q4 they have to make a profit of ksh.12bn if they are to report ksh.38.5bn Mine is a forecast. You place yours in normal Wazua fashion. Meanwhile, note that their FY 2023 PBT was KES 33.7.. What is impossible in scaling it to KES 38.5.. A mere 14% uptick COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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