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2000 CIC SHARES@80
Rank: Member Joined: 12/8/2009 Posts: 274 Location: Ltktk
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anybody in need of CIC shares-email me at txxxxshakur@gmail.com -got 2K of them. ...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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Rank: Member Joined: 4/14/2011 Posts: 639
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@2pac,they closed the register a whle ago aint sure if they opened
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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books were closed friday 30/9/11 for split and subsequently listing april next year
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Rank: Member Joined: 12/8/2009 Posts: 274 Location: Ltktk
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so what is the timetable? or what does that mean? have to wait till April? how come I was not aware of it? i wish they can be more open with their information. ...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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Rank: Member Joined: 4/14/2011 Posts: 639
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TUPAC wrote:so what is the timetable? or what does that mean? have to wait till April? how come I was not aware of it? i wish they can be more open with their information. They may open the the regster after a while before the listing a I foresee a mad rush then for the shares(just speculating).Class A shareholders were informed and given another chanc to buy more shares upto yesterday.I hav noticd they have littl regard for clas B actualy dont have voting rights.
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Rank: Member Joined: 12/8/2009 Posts: 274 Location: Ltktk
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Hunderwear wrote:TUPAC wrote:so what is the timetable? or what does that mean? have to wait till April? how come I was not aware of it? i wish they can be more open with their information. They may open the the regster after a while before the listing a I foresee a mad rush then for the shares(just speculating).Class A shareholders were informed and given another chanc to buy more shares upto yesterday.I hav noticd they have littl regard for clas B actualy dont have voting rights. they should also give class B shareholders a chance to ,buy more.i doubt that they will. any prospects of bonus to the class b? ...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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Rank: Member Joined: 4/14/2011 Posts: 639
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TUPAC wrote:Hunderwear wrote:TUPAC wrote:so what is the timetable? or what does that mean? have to wait till April? how come I was not aware of it? i wish they can be more open with their information. They may open the the regster after a while before the listing a I foresee a mad rush then for the shares(just speculating).Class A shareholders were informed and given another chanc to buy more shares upto yesterday.I hav noticd they have littl regard for clas B actualy dont have voting rights. they should also give class B shareholders a chance to ,buy more.i doubt that they will. any prospects of bonus to the class b? Aint sure
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Hope this isn't another TCL in the worx. 
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Cde Monomotapa wrote:Hope this isn't another TCL in the worx. Nowhere near TLC! but CIC needs to have more of the above(TLC that is). The opposite of courage is not cowardice, it's conformity.
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Rank: New-farer Joined: 5/24/2011 Posts: 18
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The way the market is behaving, this share may trade at sub Kshs2.00 on listing next year considering inflation, weakening shs and forthcoming elections. What do members forecast for this stock?
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Rank: Member Joined: 4/14/2011 Posts: 639
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Equator wrote:The way the market is behaving, this share may trade at sub Kshs2.00 on listing next year considering inflation, weakening shs and forthcoming elections. What do members forecast for this stock? sub 2 never!!I foresee an introductory price of 7....65% of the shares are not tradable so the float wil be smal.This means a very tight supply thus the high price
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Serious talk...without doing research how do you compare CIC to TCL??? Time we moved away from Facebook updates to serious talk...to me CIC is the best insurance company in Kenya right now..note I didnt say bigger or large so don't compare it to Jubilee..whats going to happen is there will be a 20:1 split before listing so share likely to list at Sh8...so anybody selling at Sh70 is loosing
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Rank: Elder Joined: 12/4/2009 Posts: 10,778 Location: NAIROBI
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At an introductory price of 8 that will be over-valuing the company considering that it now has an authorised share capital of 3 billion shares Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,778 Location: NAIROBI
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That will be valuing the company at 24 billion yet its assets are a third of that. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,778 Location: NAIROBI
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The person selling 2000 CIC shares at 80 should change the title to 2000 CIV shares at 4bob to reflect the share split Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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Ericsson wrote:At an introductory price of 8 that will be over-valuing the company considering that it now has an authorised share capital of 3 billion shares
only a fraction is fully paid and taken
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