Rank: Elder Joined: 2/10/2007 Posts: 1,587
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Aguytrying wrote:With over the counter buying, how do buyers and sellers come to an agreement. Are they likely to split the cic shares on listing to the nse? I am told in yesterday's KTN news, it was said that CIC will list via a placement. This is how equity did it. Obviously they will have to split the shares or give the shareholders bonus.
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Rank: Member Joined: 12/8/2009 Posts: 274 Location: Ltktk
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@koli and @all whats the minimum number of shares one can buy over the counter? at how much are the cic shares going for now? ...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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Rank: Member Joined: 1/29/2009 Posts: 85
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By the way, some of the postings in this forum are usually not facts, and they end up misleading members who virtually believe in every item posted here.
If CIC themselves have insisted they will list in 2013, how comes members bring the period forward? Next year is election year and invstors will not be keen to trade any major business. For those who are shareholders, ask this question during AGM and your speculation will be laid to rest.
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Okonkwo wrote:..... For those who are shareholders, ask this question during AGM and your speculation will be laid to rest.
>>>CIC are not good at giving info. When is the AGM? How much dvd did they declare for FY2010 and who will benefit? When are they opening the register for OTC? All this should be on their website- The opposite of courage is not cowardice, it's conformity.
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Rank: Member Joined: 1/29/2009 Posts: 85
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AGM will be around 6 May 11. Dividends will be announced that day. But I hear it is good. Register was opened long ago, and I have done many transactions this year
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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Sasha wrote:He he! PKoli: Look at you trying to make some money off me! I have a mzee offering to sell 25,000 shares at 43 bob! Thought that was too much!
I will also pick my rights, but have no intention of selling until they list! Unless someone gives me an offer I can't refuse! @Sasha, Did you pick up the 25,000 shares?
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Rank: Member Joined: 12/8/2009 Posts: 274 Location: Ltktk
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Okonkwo wrote:AGM will be around 6 May 11. Dividends will be announced that day. But I hear it is good. Register was opened long ago, and I have done many transactions this year @okwonko at how much hav you been transacting the share at? and what is the minimum number of shares one can buy? ...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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Rank: Member Joined: 1/29/2009 Posts: 85
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The price is confidential and depends on why you want to sell. may be I want to buy cheap land, in which case it is willing buyer/seller basis. You can even buy 100 shares. No minimum or maximum. You can wait for the next few days when the new certficates come out. Price will be low
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Rank: Member Joined: 12/8/2009 Posts: 274 Location: Ltktk
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Okonkwo wrote:The price is confidential and depends on why you want to sell. may be I want to buy cheap land, in which case it is willing buyer/seller basis. You can even buy 100 shares. No minimum or maximum. You can wait for the next few days when the new certficates come out. Price will be low @okwonkwo thanks.the new certs are already out. but one last question which stockbrokers deal in these shares? ...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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Rank: Member Joined: 1/29/2009 Posts: 85
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African Alliance, Suntra and sometimes Kingdom securities.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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TUPAC wrote:Okonkwo wrote:AGM will be around 6 May 11. Dividends will be announced that day. But I hear it is good. Register was opened long ago, and I have done many transactions this year @okwonko at how much hav you been transacting the share at? and what is the minimum number of shares one can buy? @TUPAC, I think dividends will be announced much early; when they publish the results. AGM day will be to approve the dividends. In previous years, CIC used to pay to shareholders who were on the register by 31st December. If this trend is to be repeated, then shareholders who bought into the rights will not qualify.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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TUPAC wrote:@koli and @all whats the minimum number of shares one can buy over the counter?
at how much are the cic shares going for now? The minimum is 500 and currently I here most buyers are at 40
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Rank: New-farer Joined: 3/11/2011 Posts: 12
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@pkoli how can one get them at 35?Is it possible in the first place?
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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PKoli wrote:... In previous years, CIC used to pay to shareholders who were on the register by 31st December. If this trend is to be repeated, then shareholders who bought into the rights will not qualify. @PKoli. I expect some improvement from the 8%(1/60 per share paid in '09) to say 10% (or 2/= per 20/= share). Don't you think the latest shares qualify for dividends since the cash was with CIC by 31/12/2010? I also feel they ought to have made it clear during the announcement of the rights issue. The opposite of courage is not cowardice, it's conformity.
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Rank: Member Joined: 9/21/2006 Posts: 422 Location: Nairobi
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...in in Information memorandum page 5 they indicated that the ...."shares issued and aloted under the terms of the Private Placement shall receive in full all dividends and dictributions declared..............for the ....year ending 31st dec 2010"
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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And you call urself layman! with such vital info? Thanks. The opposite of courage is not cowardice, it's conformity.
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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any one selling, holla to me
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Rank: Member Joined: 12/8/2009 Posts: 274 Location: Ltktk
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bartum wrote:any one selling, holla to me @bartum why dont you check with the brokers? i believe you could easily clinch a deal. ...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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TUPAC wrote:bartum wrote:any one selling, holla to me @bartum why dont you check with the brokers? i believe you could easily clinch a deal. @TUPAC. Gud advice. I'll try ex-dividend. Is it SUNTRA, KINGDOM and AA who do OTC for CIC? The opposite of courage is not cowardice, it's conformity.
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Rank: Member Joined: 12/8/2009 Posts: 274 Location: Ltktk
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jerry wrote:TUPAC wrote:bartum wrote:any one selling, holla to me @bartum why dont you check with the brokers? i believe you could easily clinch a deal. @TUPAC. Gud advice. I'll try ex-dividend. Is it SUNTRA, KINGDOM and AA who do OTC for CIC? @bartum you are right. havent bought any from them but i understand they are the ones who deal with them. when does it go ex-div? and is anyone aware of how much the dividend will be? ...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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