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CFC-SH: 2.6m deal
mukiha
#1 Posted : Thursday, May 19, 2011 11:07:14 AM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
Who sold and who bought the 2.6m shares that exchanged at 60 this morning?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
trizher
#2 Posted : Thursday, May 19, 2011 11:18:06 AM
Rank: New-farer


Joined: 5/23/2010
Posts: 95
Location: Tikrit - IRAQ
Hata mimi nashangaa..............maybe he/she/it sees something ndani yake
...We do it for the $$$$!!
Cde Monomotapa
#3 Posted : Thursday, May 19, 2011 11:19:20 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Yours truly smile
QW25071985
#4 Posted : Thursday, May 19, 2011 11:37:15 AM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
do u have to expose all my deals....of course it me .... Laughing out loudly Laughing out loudly Laughing out loudly
PKoli
#5 Posted : Thursday, May 19, 2011 11:42:36 AM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
mukiha wrote:
Who sold and who bought the 2.6m shares that exchanged at 60 this morning?


Recently CFC traded over 3m shares in a day!
mukiha
#6 Posted : Thursday, May 19, 2011 11:52:15 AM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
QW25071985 wrote:
do u have to expose all my deals....of course it me .... Laughing out loudly Laughing out loudly Laughing out loudly

Did you buy or sell?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
PKoli
#7 Posted : Thursday, May 19, 2011 12:04:08 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
I think there must be guys who know that CFC is a goldmine at 60 and below. They will see it rise all the way to 90
the deal
#8 Posted : Thursday, May 19, 2011 12:17:38 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
PKoli wrote:
I think there must be guys who know that CFC is a goldmine at 60 and below. They will see it rise all the way to 90

This is too general..go further please i.e numbers, projects and estimates etc
PKoli
#9 Posted : Thursday, May 19, 2011 12:24:34 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
the deal wrote:
PKoli wrote:
I think there must be guys who know that CFC is a goldmine at 60 and below. They will see it rise all the way to 90

This is too general..go further please i.e numbers, projects and estimates etc


Let us get Q1 numbers 1st.
QW25071985
#10 Posted : Thursday, May 19, 2011 12:58:42 PM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
Indeed deals like these shld inform us thats we have a bottom on the price and it cannot deviate more that 60 bob goin down.
coz i dnt think such a large sum of money >120 million shillings can buy if price will go DOWN futhure where it will be even more more cheap.
i agree we have a bottom of CFC decline..
i is now secure to get in now.
QW25071985
#11 Posted : Thursday, May 19, 2011 1:08:41 PM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
the deal wrote:
PKoli wrote:
I think there must be guys who know that CFC is a goldmine at 60 and below. They will see it rise all the way to 90

This is too general..go further please i.e numbers, projects and estimates etc


i totally agree....i remember @ mwanahisa ( funny name if u ask me Laughing out loudly)calculating it true value after its split from the insurance firm and he came out with a ksh50 - 60 range for the price.
he shld tell us more when he logs on..
mwanahisa
#12 Posted : Thursday, May 19, 2011 2:03:43 PM
Rank: Elder


Joined: 6/2/2008
Posts: 1,438
QW25071985 wrote:
i totally agree....i remember @ mwanahisa ( funny name if u ask me Laughing out loudly)


Hey there QW! What's so funny about my usernamesmile ? I mostly comment on stocks hence I thought a name denoting "mtu wa stocks" was appropriate. Or would you have preferred mwenyehisa - now that I have a few of them stocks Laughing out loudly Laughing out loudly Laughing out loudly !

On CFC Stanbic Bank, yes I would like to take Pkoli on this a little further but as he says let's wait for Q1 results. On the basis of past performance, CFC Stanbic Bank is certainly not worth 90 especially when compared to its peers. I am certainly not holding my breath for a super performance in Q1 2011. However, they are pretty good at Forex trading, so I will be watching that!

Note it's a closely held share and as you may have observed in the case of CFC Insurance Holdings, the actions of major shareholders for such shares can easily send the share price to levels that are not deserved, especially on the higher side.
youcan'tstopusnow
#13 Posted : Thursday, May 19, 2011 2:28:03 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
Yours truly smile

Laughing out loudly
GOD BLESS YOUR LIFE
Cde Monomotapa
#14 Posted : Thursday, May 19, 2011 2:35:44 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
QW25071985 wrote:
Indeed deals like these shld inform us thats we have a bottom on the price and it cannot deviate more that 60 bob goin down.
coz i dnt think such a large sum of money >120 million shillings can buy if price will go DOWN futhure where it will be even more more cheap.
i agree we have a bottom of CFC decline..
i is now secure to get in now.

Don't be too quick...whoever bought si mtu anashida za unga, maziwa na mkate ya daily... This person could be thinking 2yrs+ unless you are ready to hold out as well, then chances of getting burnt in the short term are HIGH!!
hisah
#15 Posted : Friday, May 20, 2011 6:24:33 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Huge volume before book closure & Q1 results feels like an exit?! The money has been made on the CFCI parabolic...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
QW25071985
#16 Posted : Friday, May 20, 2011 7:33:18 AM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
Cde Monomotapa wrote:
QW25071985 wrote:
Indeed deals like these shld inform us thats we have a bottom on the price and it cannot deviate more that 60 bob goin down.
coz i dnt think such a large sum of money >120 million shillings can buy if price will go DOWN futhure where it will be even more more cheap.
i agree we have a bottom of CFC decline..
i is now secure to get in now.

Don't be too quick...whoever bought si mtu anashida za unga, maziwa na mkate ya daily... This person could be thinking 2yrs+ unless you are ready to hold out as well, then chances of getting burnt in the short term are HIGH!!


you arent getting my logic. i mean to say that even if the share price will go low it woun't be by a huge margin from 60.00 that this transaction was made at yet again even if he's a billionare why get in now knowing that the price will fall even futhure below.He/she cld have waited for a much much cheaper price as you envision.
i think i can call a bottoming on cfc. so you say the price might hit below 50 ??? lets wait and see
Cde Monomotapa
#17 Posted : Friday, May 20, 2011 8:27:35 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
I'm just saying deal conciously. Set ur holding period & walk it.
ki-nyama
#18 Posted : Friday, May 20, 2011 10:13:13 AM
Rank: New-farer


Joined: 4/8/2011
Posts: 25
When is CFC Stanbic Q1 results?any one with info to share please
VituVingiSana
#19 Posted : Friday, May 20, 2011 10:58:45 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,221
Location: Nairobi
Except for Bond Trading Income... I do not think CFCStanbic can match the top 5 [or maybe even likes of Citibank, DTB, NIC or I&M]

So if you strip out "Other Income" the PBT will lower than the Tier 2 banks even though it has assets comparable to Tier 1 banks!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
trizher
#20 Posted : Friday, May 20, 2011 11:11:43 AM
Rank: New-farer


Joined: 5/23/2010
Posts: 95
Location: Tikrit - IRAQ
The guy/insti who bought jana at 60 amechoma by today.....................................cant undastand this
...We do it for the $$$$!!
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