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bird_man
#311 Posted : Saturday, October 08, 2011 2:55:01 PM
Rank: Veteran

Joined: 11/2/2006
Posts: 1,206
Location: Nairobi
So are shareholders going to get new certificates showing that the share has been split?Whats the new price now?4sh maybe?
Formally employed people often live their employers' dream & forget about their own.
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Hunderwear
#312 Posted : Saturday, October 08, 2011 4:00:12 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
bird_man wrote:
So are shareholders going to get new certificates showing that the share has been split?Whats the new price now?4sh maybe?

pkoli should answer ths together with the halfyear performance
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BGL
#313 Posted : Saturday, October 08, 2011 8:14:58 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
caveat emptor!
those buying at 80bob beware.
please remember that Transcentury was trading @ 50bob otc. On listing via introduction it is @ 25 bob.
I do not see the justification for the share price jumb from 27bob to 80bob in ten months!
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Hunderwear
#314 Posted : Saturday, October 08, 2011 9:49:42 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
BGL wrote:
caveat emptor!
those buying at 80bob beware.
please remember that Transcentury was trading @ 50bob otc. On listing via introduction it is @ 25 bob.
I do not see the justification for the share price jumb from 27bob to 80bob in ten months!

Wacha kutisha watu na kumislead!You can never compare Tcl with CiC.Cic btw is the only insurance company that is profitable to the core i.e insurance busines.Their profits have been increasing yoy and the trailing pe @80 is 10.Its a healthy busines and 65 % of the shares are not tradable.If ask me ths share stil has some rallying to do before and after listing.
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youcan'tstopusnow
#315 Posted : Saturday, October 08, 2011 10:16:08 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
A trailing P.E of 10 does not tally with other listed insurance companies' P.E. Except for CFIH's of course...
GOD BLESS YOUR LIFE
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Hunderwear
#316 Posted : Saturday, October 08, 2011 11:02:17 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
youcan'tstopusnow wrote:
A trailing P.E of 10 does not tally with other listed companies' P.E. Except for CFIH's of course...

somebody here said the listing price wil be 7sh.The share has to get to this price at least OTC before listing.Look at family bank,a week or two ago I sold mine at 35 yet the introductory price wil be 30 or so accordng to the media.The OTC market is always bullish prelistin.post- is another story.Cic wil be pushed high coz of the constrained suply.The market seems to be aware that cic is a cash cow
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anika66
#317 Posted : Sunday, October 09, 2011 11:27:31 PM
Rank: Member

Joined: 2/25/2010
Posts: 158
I ama 'Wanjiku', can some good soul please tell me how to buy shares on the OTC and how does one follow the prices, are they published anywhere? A very confused 'Wanjiku'
Keeping it all in the family
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Layman
#318 Posted : Monday, October 10, 2011 10:03:58 AM
Rank: Member

Joined: 9/21/2006
Posts: 422
Location: Nairobi
Go to any stock broker (Mostly Kingdom securities @ Co-op bank house) and place an order/Make enquiries. They will be very useful. You can call them, the telephone number is found here: http://www.co-opbank.co....Home/Kingdom-Securities

Regarding prices, theres no market price so it can be anything as low as kshs 27 bob per share or as hight as past 100 bob per share. Its the seller to tell the broker the price to sell at.
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bartum
#319 Posted : Monday, October 10, 2011 10:43:21 AM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
anika66 wrote:
I ama 'Wanjiku', can some good soul please tell me how to buy shares on the OTC and how does one follow the prices, are they published anywhere? A very confused 'Wanjiku'

books closed way back,apart from saccos till end of this month.listing by introduction.shareholding of saccos nearly 70% and coop bank 24.9%
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Hunderwear
#320 Posted : Monday, October 10, 2011 1:06:16 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
anika66 wrote:
I ama 'Wanjiku', can some good soul please tell me how to buy shares on the OTC and how does one follow the prices, are they published anywhere? A very confused 'Wanjiku'

Wil be offering my 3000 at 100 when books open and wil take you through the whole process.Let me know if interested
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