wazua Tue, Mar 31, 2026
Welcome Guest Search | Active Topics | Log In

4 Pages<1234>
Pick one. Coop or Kenya Re?
Options
Previous Topic · Next Topic
Ericsson
#11 Posted : Thursday, May 02, 2013 1:59:50 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,810
Location: NAIROBI
Kenya re has a good expansion strategy and the share price is grossly overvalued.
In terms pf profit growth and earning co-op bank will beat kenya re due to the nature of its business i.e bank,lending and interest rates.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
mwekez@ji
#12 Posted : Thursday, May 02, 2013 2:08:44 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Ericsson wrote:
Kenya re has a good expansion strategy and the share price is grossly overvalued.
In terms pf profit growth and earning co-op bank will beat kenya re due to the nature of its business i.e bank,lending and interest rates.


give us a break @Ericsson. refer to your post 2!!!
Back to top
  |
Ericsson
#13 Posted : Thursday, May 02, 2013 2:15:50 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,810
Location: NAIROBI
@mwekeza@ji;if its for share appreciation I will buy both I haven't changed my stand
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
mwekez@ji
#14 Posted : Thursday, May 02, 2013 2:20:49 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
@Ericsson, what valuation metric did you use to conclude that KenyaRe is grossly overvalued?
Back to top
  |
Ericsson
#15 Posted : Thursday, May 02, 2013 2:26:11 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,810
Location: NAIROBI
P/E compared the earnings per share and current share price.The P/E is 4.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
mwekez@ji
#16 Posted : Thursday, May 02, 2013 2:29:03 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Ericsson wrote:
P/E compared the earnings per share and current share price.The P/E is 4.


How can a P/E of 4 be a gross overvaluation?
Back to top
  |
Ericsson
#17 Posted : Thursday, May 02, 2013 2:31:39 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,810
Location: NAIROBI
P/E of co-op is twice that of kenya re.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
mwekez@ji
#18 Posted : Thursday, May 02, 2013 2:36:56 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Ericsson wrote:
P/E of co-op is twice that of kenya re.


so, your take is that the lower the P/E, the more overvalued the company is?
Back to top
  |
hisah
#19 Posted : Thursday, May 02, 2013 2:37:58 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
wilyum wrote:
@hisah @mwekezaji, ur thots?

Tight this one... Looking at P/B Kenya Re offers more value.

However, if stimulus is pumped into the econ and CBR cut and banks slash their lending rates, then banks will post faster gains meaning that such an event makes coop a better prospect.

To avoid this split decision it is easier to take positions in both counters.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  | | Edit by user: Thursday, May 02, 2013 2:39 PM | Reason: Not specified
mwekez@ji
#20 Posted : Thursday, May 02, 2013 2:39:21 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
hisah wrote:
wilyum wrote:
@hisah @mwekezaji, ur thots?

Tight this one... Looking at P/B Kenya Re offers more value.

However, if stimulus is pumped into the econ and CBR cut and banks slash their lending rates, then banks will post faster gains meaning that such an event makes coop a better prospect.

To avoid this split decision it is easier to take positions in both counters.
Back to top
  |
4 Pages<1234>
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.