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Coop Bank - Stocksmaster's 1st Play 2013
Rank: Elder Joined: 12/7/2012 Posts: 11,908
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streetwise wrote:The beauty with being a consultant is that you never take any responsibilities.
If the startegy does not work , the fault belongs else where e.g the implementers, finces, climate even the air If it doesn't work, consultant will recommend for further investigations into this, by who.... A consultant of course. 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: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Counter up to 22;the latest report by CBK saying in Kenya they are number 2 has given it ammunition to soldier on. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Ericsson wrote:Counter up to 22;the latest report by CBK saying in Kenya they are number 2 has given it ammunition to soldier on. @ericsson.. At fair value one Coop share should be trading at a minimum of KES 35..
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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@Obiero; At 35 the P/E will be abnormal compared to the peer banks. Co-op you need to be patient;fantastic results in Q1 and Q2 only to disappoint in Q3 and full year results. Maybe this year might be the year of change Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Ericsson wrote:@Obiero;
At 35 the P/E will be abnormal compared to the peer banks.
Co-op you need to be patient;fantastic results in Q1 and Q2 only to disappoint in Q3 and full year results.
Maybe this year might be the year of change Coop headed to Ethiopia in seven months time.. CONFIRMED at the exchange bar
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 1/13/2014 Posts: 386 Location: Denmark
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obiero wrote:Ericsson wrote:@Obiero;
At 35 the P/E will be abnormal compared to the peer banks.
Co-op you need to be patient;fantastic results in Q1 and Q2 only to disappoint in Q3 and full year results.
Maybe this year might be the year of change Coop headed to Ethiopia in seven months time.. CONFIRMED at the exchange bar Great news. Let them continue to venture Seeing is believing
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Boris Boyka wrote:VituVingiSana wrote:obiero wrote:Boris Boyka wrote:obiero wrote:hold on tight. KES 21 is coming in next few days. I shall sell at that price @ Obiero don't you see it go higher than that by end yr or you're leaving it for "better faster" ROI elsewhere @boris it may go higher but i am comfortable with my exit point. actually, im headed out of financials in kenya because of the imminent fall in interest rates that may lead to reduced profitability if non interest income is not well managed/grown When interest rates decrease, many banks will decrease the interest rates paid to depositors as well thus maintaining the NIM as well as increasing the loan volumes. All that said, banks need to reduce their Cost-Income Ratio further by reducing the expensive channels. It will not be easy for banks in 2014. This is a village indigenous cow which you call all villagers to assist you tie tightly to the crush for hours for you to milk "2cups". when coop was at 16 KK was 8,CIC 4,Unga 16,NBK 19 calculating %. Patience indeed. Feb 24.2014.. That is when I asked to be excused from bank stocks, I then sold all I could including HFCK, KCB and some COOP. Like it always occurs with addiction, I was scuked back in by COOP & HFCK, albeit in reduced holdings. However, on keen evaluation I re-recommend a sale on all Kenyan bank stocks. Thank me later
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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obiero wrote:Boris Boyka wrote:VituVingiSana wrote:obiero wrote:Boris Boyka wrote:obiero wrote:hold on tight. KES 21 is coming in next few days. I shall sell at that price @ Obiero don't you see it go higher than that by end yr or you're leaving it for "better faster" ROI elsewhere @boris it may go higher but i am comfortable with my exit point. actually, im headed out of financials in kenya because of the imminent fall in interest rates that may lead to reduced profitability if non interest income is not well managed/grown When interest rates decrease, many banks will decrease the interest rates paid to depositors as well thus maintaining the NIM as well as increasing the loan volumes. All that said, banks need to reduce their Cost-Income Ratio further by reducing the expensive channels. It will not be easy for banks in 2014. This is a village indigenous cow which you call all villagers to assist you tie tightly to the crush for hours for you to milk "2cups". when coop was at 16 KK was 8,CIC 4,Unga 16,NBK 19 calculating %. Patience indeed. Feb 24.2014.. That is when I asked to be excused from bank stocks, I then sold all I could including HFCK, KCB and some COOP. Like it always occurs with addiction, I was scuked back in by COOP & HFCK, albeit in reduced holdings. However, on keen evaluation I re-recommend a sale on all Kenyan bank stocks. Thank me later with the current economic situation a slowdown in bank profits is a must with some already in the decline zone,I also feel there will be a good entry to bank stocks later not now. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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mlennyma wrote:obiero wrote:Boris Boyka wrote:VituVingiSana wrote:obiero wrote:Boris Boyka wrote:obiero wrote:hold on tight. KES 21 is coming in next few days. I shall sell at that price @ Obiero don't you see it go higher than that by end yr or you're leaving it for "better faster" ROI elsewhere @boris it may go higher but i am comfortable with my exit point. actually, im headed out of financials in kenya because of the imminent fall in interest rates that may lead to reduced profitability if non interest income is not well managed/grown When interest rates decrease, many banks will decrease the interest rates paid to depositors as well thus maintaining the NIM as well as increasing the loan volumes. All that said, banks need to reduce their Cost-Income Ratio further by reducing the expensive channels. It will not be easy for banks in 2014. This is a village indigenous cow which you call all villagers to assist you tie tightly to the crush for hours for you to milk "2cups". when coop was at 16 KK was 8,CIC 4,Unga 16,NBK 19 calculating %. Patience indeed. Feb 24.2014.. That is when I asked to be excused from bank stocks, I then sold all I could including HFCK, KCB and some COOP. Like it always occurs with addiction, I was scuked back in by COOP & HFCK, albeit in reduced holdings. However, on keen evaluation I re-recommend a sale on all Kenyan bank stocks. Thank me later with the current economic situation a slowdown in bank profits is a must with some already in the decline zone,I also feel there will be a good entry to bank stocks later not now. To all that managed to lessen exposure to bank stocks. U can thank me now!
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: New-farer Joined: 7/17/2014 Posts: 15 Location: Geneva
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coop 15.95 and counting downwards....at this rate this bus is becoming sweeter by the day.... Regards,
Jimmy Boy
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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obiero wrote:mlennyma wrote:obiero wrote:Boris Boyka wrote:VituVingiSana wrote:obiero wrote:Boris Boyka wrote:obiero wrote:hold on tight. KES 21 is coming in next few days. I shall sell at that price @ Obiero don't you see it go higher than that by end yr or you're leaving it for "better faster" ROI elsewhere @boris it may go higher but i am comfortable with my exit point. actually, im headed out of financials in kenya because of the imminent fall in interest rates that may lead to reduced profitability if non interest income is not well managed/grown When interest rates decrease, many banks will decrease the interest rates paid to depositors as well thus maintaining the NIM as well as increasing the loan volumes. All that said, banks need to reduce their Cost-Income Ratio further by reducing the expensive channels. It will not be easy for banks in 2014. This is a village indigenous cow which you call all villagers to assist you tie tightly to the crush for hours for you to milk "2cups". when coop was at 16 KK was 8,CIC 4,Unga 16,NBK 19 calculating %. Patience indeed. Feb 24.2014.. That is when I asked to be excused from bank stocks, I then sold all I could including HFCK, KCB and some COOP. Like it always occurs with addiction, I was scuked back in by COOP & HFCK, albeit in reduced holdings. However, on keen evaluation I re-recommend a sale on all Kenyan bank stocks. Thank me later with the current economic situation a slowdown in bank profits is a must with some already in the decline zone,I also feel there will be a good entry to bank stocks later not now. To all that managed to lessen exposure to bank stocks. U can thank me now! You advocated to sell banks, buy KQ. What's to be thankful about? 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: 13,516 Location: nairobi
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obiero wrote:the deal wrote:obiero wrote:Mr. Sulu wrote:obiero wrote:Cde Monomotapa wrote:^We lead, others follow - ROOOARR!! (KCB - At consolidation stage)  KCB has underutilised strength and unlockin that has proved futile across change in management.. Meanwhile, banks with much lower asset base are angling for a kill! The lion is a CORPORATE bank that needed a connected captain, unfortunately the current one has shown no signs of being a master of these turbulent waters. There is a shift in the market where Coop will emerge second after Equity in next three years Do you have evidence to back it up or is it a hunch? The writing is on the wall Fact: Coop Bank will never overtake KCB in terms of profitability in the next 3yrs...@obiero take that to the bank or your nearest hospital...cos it aint happening...if you think it will...then buy some antiacids... Coop already at number 3. Musical chairs, watch this space. Well maybe 3 yrs is on the shorter side as @deal said, but who else has analysed the NII, asset book, customer numbers.. The writing is on the wall.. www.businessdailyafrica....52/-/qne942/-/index.html Veni, vedi, veci.. 
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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obiero wrote:obiero wrote:the deal wrote:obiero wrote:Mr. Sulu wrote:obiero wrote:Cde Monomotapa wrote:^We lead, others follow - ROOOARR!! (KCB - At consolidation stage) KCB has underutilised strength and unlockin that has proved futile across change in management.. Meanwhile, banks with much lower asset base are angling for a kill! The lion is a CORPORATE bank that needed a connected captain, unfortunately the current one has shown no signs of being a master of these turbulent waters. There is a shift in the market where Coop will emerge second after Equity in next three years Do you have evidence to back it up or is it a hunch? The writing is on the wall Fact: Coop Bank will never overtake KCB in terms of profitability in the next 3yrs...@obiero take that to the bank or your nearest hospital...cos it aint happening...if you think it will...then buy some antiacids... Coop already at number 3. Musical chairs, watch this space. Well maybe 3 yrs is on the shorter side as @deal said, but who else has analysed the NII, asset book, customer numbers.. The writing is on the wall.. www.businessdailyafrica....52/-/qne942/-/index.html Veni, vedi, veci.. @@Obiero I realize you are good at the banking area. You know how and when to get info. Beside the point coop is slowly crawling up top banks in kenya.though it's a solid company their shares have only doubled since they floated the shares in 2008. Hope it will rally one day
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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enyands wrote:obiero wrote:obiero wrote:the deal wrote:obiero wrote:Mr. Sulu wrote:obiero wrote:Cde Monomotapa wrote:^We lead, others follow - ROOOARR!! (KCB - At consolidation stage) KCB has underutilised strength and unlockin that has proved futile across change in management.. Meanwhile, banks with much lower asset base are angling for a kill! The lion is a CORPORATE bank that needed a connected captain, unfortunately the current one has shown no signs of being a master of these turbulent waters. There is a shift in the market where Coop will emerge second after Equity in next three years Do you have evidence to back it up or is it a hunch? The writing is on the wall Fact: Coop Bank will never overtake KCB in terms of profitability in the next 3yrs...@obiero take that to the bank or your nearest hospital...cos it aint happening...if you think it will...then buy some antiacids... Coop already at number 3. Musical chairs, watch this space. Well maybe 3 yrs is on the shorter side as @deal said, but who else has analysed the NII, asset book, customer numbers.. The writing is on the wall.. www.businessdailyafrica....52/-/qne942/-/index.html Veni, vedi, veci.. @@Obiero I realize you are good at the banking area. You know how and when to get info. Beside the point coop is slowly crawling up top banks in kenya.though it's a solid company their shares have only doubled since they floated the shares in 2008. Hope it will rally one day @enyands. Thanks. I hold loads of data and I review it frequently.. The steady stream of bonus shares has not helped the cause in terms of price growth for the COOP share, but return wise most investors may not be really complaining.. Late comers maybe. Thats my thought. As for the top three, KCB stands to gain most in the recent turmoil in rates. Most large corporates would rather place their funds in KCB and this will see the bank outpace its closest competitors
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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obiero wrote:enyands wrote:obiero wrote:obiero wrote:the deal wrote:obiero wrote:Mr. Sulu wrote:obiero wrote:Cde Monomotapa wrote:^We lead, others follow - ROOOARR!! (KCB - At consolidation stage) KCB has underutilised strength and unlockin that has proved futile across change in management.. Meanwhile, banks with much lower asset base are angling for a kill! The lion is a CORPORATE bank that needed a connected captain, unfortunately the current one has shown no signs of being a master of these turbulent waters. There is a shift in the market where Coop will emerge second after Equity in next three years Do you have evidence to back it up or is it a hunch? The writing is on the wall Fact: Coop Bank will never overtake KCB in terms of profitability in the next 3yrs...@obiero take that to the bank or your nearest hospital...cos it aint happening...if you think it will...then buy some antiacids... Coop already at number 3. Musical chairs, watch this space. Well maybe 3 yrs is on the shorter side as @deal said, but who else has analysed the NII, asset book, customer numbers.. The writing is on the wall.. www.businessdailyafrica....52/-/qne942/-/index.html Veni, vedi, veci.. @@Obiero I realize you are good at the banking area. You know how and when to get info. Beside the point coop is slowly crawling up top banks in kenya.though it's a solid company their shares have only doubled since they floated the shares in 2008. Hope it will rally one day @enyands. Thanks. I hold loads of data and I review it frequently.. The steady stream of bonus shares has not helped the cause in terms of price growth for the COOP share, but return wise most investors may not be really complaining.. Late comers maybe. Thats my thought. As for the top three, KCB stands to gain most in the recent turmoil in rates. Most large corporates would rather place their funds in KCB and this will see the bank outpace its closest competitors To your own analysis KCB is a buy and what's the bottom level price u can hope in
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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enyands wrote:obiero wrote:enyands wrote:obiero wrote:obiero wrote:the deal wrote:obiero wrote:Mr. Sulu wrote:obiero wrote:Cde Monomotapa wrote:^We lead, others follow - ROOOARR!! (KCB - At consolidation stage) KCB has underutilised strength and unlockin that has proved futile across change in management.. Meanwhile, banks with much lower asset base are angling for a kill! The lion is a CORPORATE bank that needed a connected captain, unfortunately the current one has shown no signs of being a master of these turbulent waters. There is a shift in the market where Coop will emerge second after Equity in next three years Do you have evidence to back it up or is it a hunch? The writing is on the wall Fact: Coop Bank will never overtake KCB in terms of profitability in the next 3yrs...@obiero take that to the bank or your nearest hospital...cos it aint happening...if you think it will...then buy some antiacids... Coop already at number 3. Musical chairs, watch this space. Well maybe 3 yrs is on the shorter side as @deal said, but who else has analysed the NII, asset book, customer numbers.. The writing is on the wall.. www.businessdailyafrica....52/-/qne942/-/index.html Veni, vedi, veci.. @@Obiero I realize you are good at the banking area. You know how and when to get info. Beside the point coop is slowly crawling up top banks in kenya.though it's a solid company their shares have only doubled since they floated the shares in 2008. Hope it will rally one day @enyands. Thanks. I hold loads of data and I review it frequently.. The steady stream of bonus shares has not helped the cause in terms of price growth for the COOP share, but return wise most investors may not be really complaining.. Late comers maybe. Thats my thought. As for the top three, KCB stands to gain most in the recent turmoil in rates. Most large corporates would rather place their funds in KCB and this will see the bank outpace its closest competitors To your own analysis KCB is a buy and what's the bottom level price u can hope in KCB, & COOP are positive buys at this time.. HFCK is also a buy but it would need to shake the major legal case against Sharok Hirji first
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Cde Monomotapa wrote:youcan'tstopusnow wrote:obiero wrote:mwenza wrote:When the master speaks, people ought to listen.....this particular share will make some people good money in the short term. @mwenza the master may have inadvertently misled alot of people with his 1st quarter strategy, usiamini kila kitu unasoma hapa wazua; tumia akili pia. anywho, that said, co-op is not a bad bet The perils of coat tail investing. No one should complain though, as they didn't when he made them a lot over the years. memories
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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obiero wrote:Cde Monomotapa wrote:youcan'tstopusnow wrote:obiero wrote:mwenza wrote:When the master speaks, people ought to listen.....this particular share will make some people good money in the short term. @mwenza the master may have inadvertently misled alot of people with his 1st quarter strategy, usiamini kila kitu unasoma hapa wazua; tumia akili pia. anywho, that said, co-op is not a bad bet The perils of coat tail investing. No one should complain though, as they didn't when he made them a lot over the years. memories Yep but I have to be quoted right. In my next blog. ,Behold, a sower went forth to sow;....
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Boris Boyka wrote:VituVingiSana wrote:obiero wrote:Boris Boyka wrote:obiero wrote:hold on tight. KES 21 is coming in next few days. I shall sell at that price @ Obiero don't you see it go higher than that by end yr or you're leaving it for "better faster" ROI elsewhere @boris it may go higher but i am comfortable with my exit point. actually, im headed out of financials in kenya because of the imminent fall in interest rates that may lead to reduced profitability if non interest income is not well managed/grown When interest rates decrease, many banks will decrease the interest rates paid to depositors as well thus maintaining the NIM as well as increasing the loan volumes. All that said, banks need to reduce their Cost-Income Ratio further by reducing the expensive channels. It will not be easy for banks in 2014. This is a village indigenous cow which you call all villagers to assist you tie tightly to the crush for hours for you to milk "2cups". when coop was at 16 KK was 8,CIC 4,Unga 16,NBK 19 calculating %. Patience indeed. Bank stocks continue to look dicy.. I wouldnt advise one to take up bank stocks right now
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Cde Monomotapa wrote:Cde Monomotapa wrote:obiero wrote:Cde Monomotapa wrote:^We lead, others follow - ROOOARR!! (KCB - At consolidation stage) KCB has underutilised strength and unlockin that has proved futile across change in management.. Meanwhile, banks with much lower asset base are angling for a kill! The lion is a CORPORATE bank that needed a connected captain, unfortunately the current one has shown no signs of being a master of these turbulent waters. There is a shift in the market where Coop will emerge second after Equity in next three years Well and good the competition and as I have said before, I invest in these companies, I don't work in them so business/investment reasoning & the numbers will continue to drive judgement. As for expansion, unless you're very lucky, you can't bake a cake & eat it at the same time simply because Capex is Capex, not revenue. On the retail side, I have the privilege of following KCB on twitter and every so often clients are happy with the new queue system, e-banking. mobile-banking and such like ICT driven initiatives/investments - KCB eating the cake. Need we talk of it being the true regional partner? I guess not as even the regional govts continue to agree. Watch what happens as a result of berth 19 and the 3 govts situated there...Lastly, by virtue of KCB's balance sheet, there are certain business that will naturally be drawn to KCB simply because it has the capacity. If I am correct not many banks can lend one client 5B but KCB can without a sweat. http://www.newtimes.co.r...php?i=15595&a=73505
Ja! 01.14
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Coop Bank - Stocksmaster's 1st Play 2013
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