@VituVingiSana
The britam tower is an asset for investment to generate income for Britam.It belongs to both clients and shareholders.
Britam is using a mixture of debt and cash to build it.They issued a corporate bond last year to partly fund the construction.
Traded off missed opportunities like you have mentioned.
Britam has no plans to spin ot off into an I-REIT

NSSF has consistently underperformed the market. If anything, it would have been better off investing in T-Bills than properties.

The bank is on a growth projectory. It is a bank still not much written about. It holds alot of property in the country apart from being a bigger shreholder in most of the cooperates societies it leads. Though Mwalimu Sacco threatened to move out after buying into Merali Eco-bank majority feel the need to stay to hve wide bearth.
This Co-operative Bank has perfomed great from 1/4, half, 3/4 terms showing it will ofcourse do well the next remining 1/4 which is a month nd a hlf to go. Its time the dividend grew to full number a Ksh 1.0 FY2015.
Brokers have recommended it as buy and investors are buying.

@Realtreaty, its Equitorial not Eco, Ecobank is a different entity with a pan african model.

That aside, I concur that Coop is realising the results of its transformation agenda, they have remarkably improved their operation efficiency which is a key driver of low cost of operation thus minimal cost hence increasing their margins as the revenues continues to grow.
Solid bank it appears.

With a 31% grwoth in 3/4 year I am looking for money to add more before January. At 18 I still call it a gift. A dividend of 1Ksh is very feasible 2015FY.

This is one stock that has no wing Though floated their shares on 2008 at a reasonable price of 9.i remember I bought a good chunk almost 8 years down the road and the best it can have is 18 which is twice the original price. Even when the bull came to mate it was just 22. If you compare this with other stock like kcb equity even diamond bank they have rallied and some even split their shares in that period since 2008.the bank seem to be doing well with excellent results but I don't know what that billionaire ceo tycoon is doing. who has an idea

You've got it right. that's why i don't like this stock. The reason is that it is bogged down by having too many shares with performance not matching up

Elder Obiero with due respect equity as you know has alot of floated shares you know why because it went maximum ,split the shares I think two times increasing the shares number and still the price on the floor rose up beating the coop which had a funny bonus "just once " of 6:1 if im right and is struggling ever since.
Though there is one thing I would say good about coop.it has stood the test of bears mating wrath.whereas other banks have lost 30-50 % it's loss has stood less than 30%

Yes 1;6

Absolutely true PeterReborn.
They are trying to boost profits by cost reduction instead of growing the loan book and giving good customer service that will keep customers running to and not away from the bank.
In 2014 they lost a huge chunk of customers to competitors like KCB