Wazua
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CO-OP BANK HY2017
Rank: Elder Joined: 6/23/2009 Posts: 14,354 Location: nairobi
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Angelica _ann wrote:18 bob by October!!! It's possible.. COOP, IMH, KEGN, MTNU
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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Angelica _ann wrote:18 bob by October!!! More like September.. 21 October
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Rank: Elder Joined: 12/7/2012 Posts: 11,941
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Mukiri wrote:Angelica _ann wrote:18 bob by October!!! More like September.. 21 October Firmly back to 17+++ In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 6/23/2009 Posts: 14,354 Location: nairobi
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Angelica _ann wrote:Mukiri wrote:Angelica _ann wrote:18 bob by October!!! More like September.. 21 October Firmly back to 17+++ Slightly overpriced.. Fair value KES 16.50 COOP, IMH, KEGN, MTNU
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Rank: Elder Joined: 12/4/2009 Posts: 10,828 Location: NAIROBI
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http://www.businessdaily...6382-151kjf4/index.html
Cooperative Bank of Kenya has overtaken Equity Bank to hold the second largest gross loan book in the banking sector as at the end of 2016, reflecting the latter’s shift to government securities following the rate cap. The Central Bank of Kenya (CBK) 2016 banking supervision annual report shows that Co-op Bank had issued gross loans of Sh241.4 billion last year, ahead of Equity’s Sh221.03 billion. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/7/2012 Posts: 11,941
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Ericsson wrote:http://www.businessdailyafrica.com/markets/Coop-Bank-overtakes-Equity-loans-issued-/539552-4076382-151kjf4/index.html
Cooperative Bank of Kenya has overtaken Equity Bank to hold the second largest gross loan book in the banking sector as at the end of 2016, reflecting the latter’s shift to government securities following the rate cap.
The Central Bank of Kenya (CBK) 2016 banking supervision annual report shows that Co-op Bank had issued gross loans of Sh241.4 billion last year, ahead of Equity’s Sh221.03 billion. Could it be that as JM gets old, he is becoming more risk averse (from the risk taker of the yester years) and therefore the shift from Equity's aggressiveness to moderate moves we are witnessing of late? In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Chief Joined: 1/3/2007 Posts: 18,391 Location: Nairobi
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Angelica _ann wrote:Ericsson wrote:http://www.businessdailyafrica.com/markets/Coop-Bank-overtakes-Equity-loans-issued-/539552-4076382-151kjf4/index.html
Cooperative Bank of Kenya has overtaken Equity Bank to hold the second largest gross loan book in the banking sector as at the end of 2016, reflecting the latter’s shift to government securities following the rate cap.
The Central Bank of Kenya (CBK) 2016 banking supervision annual report shows that Co-op Bank had issued gross loans of Sh241.4 billion last year, ahead of Equity’s Sh221.03 billion. Could it be that as JM gets old, he is becoming more risk averse (from the risk taker of the yester years) and therefore the shift from Equity's aggressiveness to moderate moves we are witnessing of late? I don't think he is being less aggressive as much as "prudent" i.e. why not earn easy (default-free) returns from GoK instead of the drama of lending? If and when the spreads are sufficiently widened, then Equity can jump back in through its mobile platforms. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,354 Location: nairobi
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VituVingiSana wrote:Angelica _ann wrote:Ericsson wrote:http://www.businessdailyafrica.com/markets/Coop-Bank-overtakes-Equity-loans-issued-/539552-4076382-151kjf4/index.html
Cooperative Bank of Kenya has overtaken Equity Bank to hold the second largest gross loan book in the banking sector as at the end of 2016, reflecting the latter’s shift to government securities following the rate cap.
The Central Bank of Kenya (CBK) 2016 banking supervision annual report shows that Co-op Bank had issued gross loans of Sh241.4 billion last year, ahead of Equity’s Sh221.03 billion. Could it be that as JM gets old, he is becoming more risk averse (from the risk taker of the yester years) and therefore the shift from Equity's aggressiveness to moderate moves we are witnessing of late? I don't think he is being less aggressive as much as "prudent" i.e. why not earn easy (default-free) returns from GoK instead of the drama of lending? If and when the spreads are sufficiently widened, then Equity can jump back in through its mobile platforms. Waiting will ensure that the ship has sailed.. It won't be easy to bring back the disgruntled leavers COOP, IMH, KEGN, MTNU
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Rank: Member Joined: 8/27/2015 Posts: 138 Location: Harare
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Angelica _ann wrote:Ericsson wrote:http://www.businessdailyafrica.com/markets/Coop-Bank-overtakes-Equity-loans-issued-/539552-4076382-151kjf4/index.html
Cooperative Bank of Kenya has overtaken Equity Bank to hold the second largest gross loan book in the banking sector as at the end of 2016, reflecting the latter’s shift to government securities following the rate cap.
The Central Bank of Kenya (CBK) 2016 banking supervision annual report shows that Co-op Bank had issued gross loans of Sh241.4 billion last year, ahead of Equity’s Sh221.03 billion. Could it be that as JM gets old, he is becoming more risk averse (from the risk taker of the yester years) and therefore the shift from Equity's aggressiveness to moderate moves we are witnessing of late? This maybe a strategy to create a new slate. My guess is they may have done their IFRS 9 expected credit loss projections on certain portfolios and impairments required may be huge due to historical loss trends. So the strategy is to shrink those portfolios and reduce required impairments in 2018 and then slowly rebuild a cleaner book with better loan underwriting. Investment philosophy development in progress...
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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alotoftalk wrote:Angelica _ann wrote:Ericsson wrote:http://www.businessdailyafrica.com/markets/Coop-Bank-overtakes-Equity-loans-issued-/539552-4076382-151kjf4/index.html
Cooperative Bank of Kenya has overtaken Equity Bank to hold the second largest gross loan book in the banking sector as at the end of 2016, reflecting the latter’s shift to government securities following the rate cap.
The Central Bank of Kenya (CBK) 2016 banking supervision annual report shows that Co-op Bank had issued gross loans of Sh241.4 billion last year, ahead of Equity’s Sh221.03 billion. Could it be that as JM gets old, he is becoming more risk averse (from the risk taker of the yester years) and therefore the shift from Equity's aggressiveness to moderate moves we are witnessing of late? This maybe a strategy to create a new slate. My guess is they may have done their IFRS 9 expected credit loss projections on certain portfolios and impairments required may be huge due to historical loss trends. So the strategy is to shrink those portfolios and reduce required impairments in 2018 and then slowly rebuild a cleaner book with better loan underwriting. Break it down in English Bw. Auditor. Life is short. Live passionately.
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