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CIC by yaserbigchair
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hisah
#61 Posted : Tuesday, July 24, 2012 2:14:00 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
total demand - 2,769,500 vs total supply - 3,757,300
Current VWAP @4.25/-

The supply overhang is getting cleared and the supply dislocation is down to 1.37 times rather than the Friday factor which was almost 20 times. But still too early to tell after 4 trading days.

I'll get interested at 3/-
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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ralp_mutu
#62 Posted : Tuesday, July 24, 2012 2:14:18 PM
Rank: Member

Joined: 3/26/2012
Posts: 232
Location: Nairobi
heri wrote:
how is the demand and supply today for CIC


hisah wrote:
heri wrote:
what is the price at the demand level of 4.6m

You can check it here - http://live.rich.co.ke/bdexp/index.php

Select the stock you want to review.

My folks told me that my very first word was 'billionaire'
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Aguytrying
#63 Posted : Tuesday, July 24, 2012 3:05:51 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Ive just realised out of all the insurance companies in nse. Cic is the most liquid. What this means positively is that it will be a darling to institutional investors and foreigners. Think of kcb, saf, equity or eabl. The companies that get high turnovers. As long as the company performs very well.the other insurance companies save for knre are very illiquid leaving cic.
The investor's chief problem - and even his worst enemy - is likely to be himself
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hisah
#64 Posted : Tuesday, July 24, 2012 3:08:58 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Aguytrying wrote:
Ive just realised out of all the insurance companies in nse. Cic is the most liquid. What this means positively is that it will be a darling to institutional investors and foreigners. Think of kcb, saf, equity or eabl. The companies that get high turnovers. As long as the company performs very well.the other insurance companies save for knre are very illiquid leaving cic.


Sufficient volumes... Get in and get out at will - a traders dream smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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bartum
#65 Posted : Tuesday, July 24, 2012 3:28:57 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
it will be much liquid in the next 5yrs.
seems it has bottomed out
RADING
time(desc) prev. close share. trans last price Kshs percent
15:11:55 4.35 4,815,800 4.25 -0.10 2.3%
15:11:55 4.35 0 4.25 -0.10 2.3%
14:57:05 4.35 0 4.25 -0.10 2.3%
14:55:53 4.35 58,000 4.30 -0.05 1.15%
14:53:45 4.35 500 4.30 -0.05 1.15%
14:53:31 4.35 20,000 4.30 -0.05 1.15%
stats
total deals 89
total turnover 20,606,576
avg price
high price 4.35
low price 4.15
last price 4.25
shares volume 4,815,800
LAST 7 TRAN
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Ilikeyou
#66 Posted : Tuesday, July 24, 2012 4:09:34 PM
Rank: Member

Joined: 11/21/2007
Posts: 152
Location: Nairobi
I don't like this lagged drop in price of this share. I need to buy @yaserbigchair price prediction.
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Hunderwear
#67 Posted : Tuesday, July 24, 2012 9:42:20 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
Ilikeyou wrote:
I don't like this lagged drop in price of this share. I need to buy @yaserbigchair price prediction.



Time to buy is fast diminishing the earlier you do it the better.Am smelling a good H1 results and the market gonna get spooked
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Sufficiently Philanga....thropic
#68 Posted : Wednesday, July 25, 2012 10:52:16 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Aguytrying wrote:
Ive just realised out of all the insurance companies in nse. Cic is the most liquid. What this means positively is that it will be a darling to institutional investors and foreigners. Think of kcb, saf, equity or eabl. The companies that get high turnovers. As long as the company performs very well.the other insurance companies save for knre are very illiquid leaving cic.

I agree with you on the liquidity part.
However, institutional investors(read banks,insurance cos,Pension funds) by virtue of holding depositors,pensioners funds on their behalf, only go for bluechips i.e companies with a proven track record of paying out handsome dividends, issuing bonuses, and have generally been in townsmile for a while. Cic still has some leg work to do to get to the levels of KCB,Bamburi,EABL,BAT,SCBK,BBK,and of late, member and mpesa have also joined the IVY league!Notice BBK & SCBK(yesterday's giants) are slowly fading away! Interesting times indeed
But for traders,Cic will be a good play!
@SufficientlyP
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hisah
#69 Posted : Wednesday, July 25, 2012 3:50:24 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Hunderwear wrote:
Ilikeyou wrote:
I don't like this lagged drop in price of this share. I need to buy @yaserbigchair price prediction.



Time to buy is fast diminishing the earlier you do it the better.[b]Am smelling a good H1 results and the market gonna get spooked[b]


Waiting for Coop H1 results - specifically the associate profits figure... That should give the hint on what the CIC H1 result will be and the spook party will be on smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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yaserbigchair
#70 Posted : Wednesday, July 25, 2012 4:33:49 PM
Rank: Member

Joined: 7/19/2006
Posts: 118
Location: Mombasa
still trades at premium.

I wouldn't mind to buy it at 3.50. although I would be very greedy for the 2.7-3.00 mark and I am sure they are going to announce a better result probalbly over 20% more than the previous one ie may be 700M after tax.

Reasons:
1. Insuring the Jua Kali sector.
2. Improved NSE Index.

I am watching!
Sound that I love most: Is the ringing bell of Stock Market.
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22 Pages«<56789>»
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