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Coop Bank - Stocksmaster's 1st Play 2013
Rank: Elder Joined: 2/26/2012 Posts: 15,980
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 Co-operative Bank has overtaken Standard Chartered in terms of return on equity (ROE) or shareholders’ funds among the top five commercial lenders. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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murchr wrote:Co-operative Bank has overtaken Standard Chartered in terms of return on equity (ROE) or shareholders’ funds among the top five commercial lenders. Coop Bank will become Kenyas largest bank sooner than most know.. The percentages in growth are clear
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: 8/10/2014 Posts: 969 Location: Kenya
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obiero wrote:murchr wrote:Co-operative Bank has overtaken Standard Chartered in terms of return on equity (ROE) or shareholders’ funds among the top five commercial lenders. Coop Bank will become Kenyas largest bank sooner than most know.. The percentages in growth are clear I prefer looking at growth in incomes...costs can be fluctuated easier than income FY 2015 Growth in Incomes Net Interest Income KCB +3.3bn Equity +4.9bn Co-op +1.2bn Non funded income KCB +0.5bn Equity +3.4bn Co-op +2.56bn Total Income KCB +3.8bn Equity +8.3bn Co-op +3.7bn Co-op might have to try harder to be the biggest bank but it does have the muscle. Last year Co-op had a major one off cost of retirement cost of 1.34 and this suppressed profits. Anyway the growth in profits was still spectacular even if you factor out the one off cost. This year, Equity had a huge one off IT upgrading and marketing cost (Equitel) KCB i havnt heard of any huge one off costs
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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obiero wrote:murchr wrote:Co-operative Bank has overtaken Standard Chartered in terms of return on equity (ROE) or shareholders’ funds among the top five commercial lenders. Coop Bank will become Kenyas largest bank sooner than most know.. The percentages in growth are clear Are you still planning to sell? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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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 Coop bank as of last week now has higher market share as well as capital than KCB
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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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
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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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 COOP now with more market share as well as higher capital than KCB Kenya
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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COOP is targeting ksh.20bn profit before tax for year 2016 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:COOP is targeting ksh.20bn profit before tax for year 2016 It is likely to get and exceed
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 sh.18bn profit before tax will be a hard nut to crack. I don't see it's profit reaching 20bn ata 18bn before tax coop won't manage. 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
sh.18bn profit before tax will be a hard nut to crack.
I don't see it's profit reaching 20bn ata 18bn before tax coop won't manage. They made 4.7b in Q1.. Even simply multiple of 4 outstrips 18b
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 For coop it doesn't work out that way.They normally have a good Q1 but when we get to Q3 and Q4 they struggle alot. That has been the trend since listing. Last year Q1 they made sh.4.5bn but when we got to full year it was sh.15.6bn Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Dividend kwisha ingia.. Enough to buy a bottle of fine whiskey
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: 1/1/2010 Posts: 511 Location: kandara, Murang'a
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So who did @stockmaster become? Foresight..
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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gatoho wrote:So who did @stockmaster become? Key lesson here is that,there is no mastery of this market.Gambling and speculation does not pay.These daily traders and speculators are responsible for price volatility.They act on sentiments and emotions. Towards the goal of financial freedom
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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Ebenyo wrote:gatoho wrote:So who did @stockmaster become? Key lesson here is that,there is no mastery of this market.Gambling and speculation does not pay.These daily traders and speculators are responsible for price volatility.They act on sentiments and emotions. True. Traders are not good people. Wealthy are those who go long term.. Even with a KES 1 DPS from KQ, I shall take home KES 168,000 as of current shareholding.. There come a time
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: 1/3/2007 Posts: 18,103 Location: Nairobi
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obiero wrote:Ebenyo wrote:gatoho wrote:So who did @stockmaster become? Key lesson here is that,there is no mastery of this market.Gambling and speculation does not pay.These daily traders and speculators are responsible for price volatility.They act on sentiments and emotions. True. Traders are not good people. Wealthy are those who go long term.. Even with a KES 1 DPS from KQ, I shall take home KES 168,000 as of current shareholding.. There come a time Less 100k. KQ cannot pay a dividend until it has brought the NEGATIVE Equity account back to zero. That's a KES 30bn hole first... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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VituVingiSana wrote:obiero wrote:Ebenyo wrote:gatoho wrote:So who did @stockmaster become? Key lesson here is that,there is no mastery of this market.Gambling and speculation does not pay.These daily traders and speculators are responsible for price volatility.They act on sentiments and emotions. True. Traders are not good people. Wealthy are those who go long term.. Even with a KES 1 DPS from KQ, I shall take home KES 168,000 as of current shareholding.. There come a time Less 100k. KQ cannot pay a dividend until it has brought the NEGATIVE Equity account back to zero. That's a KES 30bn hole first... Master Obi out of touch with reality. It is illegal to pay dividends out of negative reserves Life is short. Live passionately.
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Rank: Elder Joined: 7/22/2009 Posts: 7,455
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VituVingiSana wrote:obiero wrote:Ebenyo wrote:gatoho wrote:So who did @stockmaster become? Key lesson here is that,there is no mastery of this market.Gambling and speculation does not pay.These daily traders and speculators are responsible for price volatility.They act on sentiments and emotions. True. Traders are not good people. Wealthy are those who go long term.. Even with a KES 1 DPS from KQ, I shall take home KES 168,000 as of current shareholding.. There come a time Less 100k. KQ cannot pay a dividend until it has brought the NEGATIVE Equity account back to zero. That's a KES 30bn hole first...  Before @Obiero gets 1/= dividend from KQ, Equity will be paying me 20/= dividend per share. And between now and then, I will be getting a dividend of between 2/= and 20/= (Gradual annual increase). Tafakari hayo Ndugu Jero. Oh, sorry. Ndugu @Obiero. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Coop Bank - Stocksmaster's 1st Play 2013
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