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CMC MOTORS Boardroom Wars
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FUNKY
#1 Posted : Friday, June 03, 2011 10:29:28 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
Guys i just got inside information that the chairman for Andy Forwarders who is also in the board of CMC is the one buying shares of CMC and causing the price hike.

What can we say about this? I am sure there must be something good in this company thats why he is accumulating the shares,what can it be that we do not know?
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nahdy
#2 Posted : Friday, June 03, 2011 10:35:21 AM
Rank: Member


Joined: 6/29/2006
Posts: 184
x + x = xx or 2x ?
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FUNKY
#3 Posted : Friday, June 03, 2011 10:38:30 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
nahdy- what is your logic in the equation? Please share.
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lovely2010
#4 Posted : Friday, June 03, 2011 10:41:16 AM
Rank: Member


Joined: 10/25/2010
Posts: 519
Location: nairobi
FUNKY wrote:
Guys i just got inside information that the chairman for Andy Forwarders who is also in the board of CMC is the one buying shares of CMC and causing the price hike.

What can we say about this? I am sure there must be something good in this company thats why he is accumulating the shares,what can it be that we do not know?


Since you got some info, why dont you buy along with the big boy, but exit once you reach your target coz he might be also playing game.
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nahdy
#5 Posted : Friday, June 03, 2011 10:46:25 AM
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Joined: 6/29/2006
Posts: 184
FUNKY wrote:
nahdy- what is your logic in the equation? Please share.


its for u to find out as u had the info....
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FUNKY
#6 Posted : Friday, June 03, 2011 10:47:32 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
Lovely i am also already accumulating got 10,000 more today at 12.90.
Will jump off the bus when the price reaches 15/- which is going to reach very soon.
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lovely2010
#7 Posted : Friday, June 03, 2011 10:54:16 AM
Rank: Member


Joined: 10/25/2010
Posts: 519
Location: nairobi
FUNKY wrote:
Lovely i am also already accumulating got 10,000 more today at 12.90.
Will jump off the bus when the price reaches 15/- which is going to reach very soon.


You are so daring...!!! I accumulated mine when it was on the nines and am already out. Huogopi?
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Apple Bees
#8 Posted : Friday, June 03, 2011 11:18:42 AM
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Joined: 7/5/2008
Posts: 390
me got in at 12 sometime back. if it reaches 13.50, am out and wont return!
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FUNKY
#9 Posted : Friday, June 03, 2011 1:54:46 PM
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Joined: 4/30/2010
Posts: 1,635
@ lovely...as i said the price is going to reach 14-15 range so y should i be afraid and the information is from a reliable source.
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lovely2010
#10 Posted : Friday, June 03, 2011 2:12:18 PM
Rank: Member


Joined: 10/25/2010
Posts: 519
Location: nairobi
FUNKY wrote:
@ lovely...as i said the price is going to reach 14-15 range so y should i be afraid and the information is from a reliable source.


I dont trust any source...but the most important thing is to make money...if you believe ur right then you have nothing to worry about what others say...besides we all trade differently...
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sparkly
#11 Posted : Friday, June 03, 2011 2:16:17 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
FUNKY wrote:
@ lovely...as i said the price is going to reach 14-15 range so y should i be afraid and the information is from a reliable source.

I am sceptical of any one who claims he/she can predict the short term movement of stocks. The variables are too many and market is generally bearish. I will watch you from the sidelines on this one.
Life is short. Live passionately.
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FUNKY
#12 Posted : Tuesday, June 07, 2011 8:18:22 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
http://www.businessdaily...2/-/rp4mkl/-/index.html

seems the guy who provides me with inside information is reliable after all...after reading this article this share is BUY BUY BUY
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QW25071985
#13 Posted : Tuesday, June 07, 2011 8:25:07 AM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
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mukiha
#14 Posted : Wednesday, June 15, 2011 2:58:30 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
Are you still bullish? Now its down to 10.50...

DECLARATION: Been a shareholder since 1994!
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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VituVingiSana
#15 Posted : Wednesday, June 15, 2011 3:14:53 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
@mukiha - This firm made me some good cash but then I bailed for greener pastures...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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FUNKY
#16 Posted : Wednesday, June 15, 2011 4:36:13 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
Someone is just depressing the price in order to accumulate a big chunk. In a few days you will the share has climbed back again to the 13/- levels.
Also to note government has bought new Ford pickups from them and they have must have made some good money out of the deal thats why they were confident of a better second half.
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dunkang
#17 Posted : Wednesday, June 15, 2011 5:17:52 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
then, let us wait until they reach 9.75, tuta nunua enmass. If the so said depressant has alot of cash, we will kula the loot pamoja!
Receive with simplicity everything that happens to you.” ― Rashi

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the deal
#18 Posted : Wednesday, June 15, 2011 7:12:09 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
No fundamentals to support any ralley here...the weak Sh is screwing this guys...anybody remember that year when they won the huge Passat tender yet they reported a drop in profits? The recent price movememt was due to one top 10 shareholdeer accumulating more shares.
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VituVingiSana
#19 Posted : Wednesday, June 15, 2011 8:35:20 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
FUNKY wrote:
Someone is just depressing the price in order to accumulate a big chunk. In a few days you will the share has climbed back again to the 13/- levels.
Also to note government has bought new Ford pickups from them and they have must have made some good money out of the deal thats why they were confident of a better second half.
How are they 'depressing' the price? If you think the price is 'depressed' call their bluff & buy them chap chap at the 'depressed' price so you can laugh all the way to the bank too!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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youcan'tstopusnow
#20 Posted : Wednesday, June 15, 2011 8:54:08 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
CMC Motors which sells VolksWagen Passat and Land Rover brands grew its marketshare to 19.9 per cent from 13.8 per cent in the period under review.

http://www.businessdaily...4/-/r6mchdz/-/index.html
GOD BLESS YOUR LIFE
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