young wrote:ON COOP BANK
Coop Bank will soon go the way of I&M in terms of
capital appreciation.
Really speaking based on their HY 2026 results
and expected salutary Q3 results (I&M & Coop respectively) HY 2026:EPS of I&M is 5.16 that of
Coop is 3.08. Coop is relatively cheap at the current 35.30-37.50 bob one week range.
Besides interim dividend highly probable when Q3 result is out on Thursday 12th Nov
The prevailing price explosion of I&M at 80+ indicates that Coop at the moment is HIBERNATING waiting to explode to 50+ in few months time like her peers notably I&M, KCB, Equity even DTK .
Expect Coop bank in the 50s in March 2027.
Steady rise expected in Dec/Jan/Feb
Also
Expect Family Bank in the 30s then
COOP record PBT growth of 19.4% , PAT of 27%
and raises interim dividend by 50%
This is salutary and beats expectations.
https://businesstoday.co...et-profit-of-ksh27-4bn/
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