obiero wrote:COOP annual PBT 40B, HF 1.4B
Share price 18.9 vs 11.0
Dividend 1.5 vs 0.0
The stock exchange is a weird place, fun but weird
Obiero, Obiero, Obiero!!!
Seriously!!?? This is a new low!!
You are not new to these things!! You cannot compare share prices like that unless the two companies have the same number of issued shares!! Jameni!!! One company might have 10 shares and the other one 10 billion shares! Compare market cap.
HF has a market cap of 19.4 Billion. Coop has a market cap of 109.9 Billion!!
HF has 1.89 Billion outstanding shares. Coop has 5.8 Billion outstanding shares!
The comparison you are making here is null and void ab initio!!
You are not even comparing apples to oranges! You are comparing apples to the snake that told Eve to eat the apple!!
You remind me of Anyang Nyong'o complaining bitterly that Safaricom was being sold "cheaply at only 5/=", totally ignoring the number of issued shares!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.