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CIC by yaserbigchair
mwekez@ji
#121 Posted : Tuesday, July 31, 2012 5:49:48 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
"CIC Insurance rallied 8.42% to close at 5.15 and traded 1.68m shares worth 8.693m. CIC Insurance was introduced via a Listing on 18th July. The Price Discovery Process saw CIC retreat 22.8571% July 18th through July 25th and has subsequently snapped 27.16% higher July 25th through todays Close." Rich

If NSE allowed both going long and short, bull and bears would make good money here. As it is at right now, very few have been able to grab the share when the downtrend reversed. Dont be caught chasing this bus.
Ericsson
#122 Posted : Wednesday, August 01, 2012 11:47:46 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,810
Location: NAIROBI
CIC come down again to ksh.4 and below levels
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
heri
#123 Posted : Wednesday, August 01, 2012 11:56:33 AM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
does anyone know when Co-op bank is likely to release half year results to give us an indication of CIC performance

mwekez@ji
#124 Posted : Wednesday, August 01, 2012 11:57:53 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Seesaw ...
boyd
#125 Posted : Wednesday, August 01, 2012 1:06:26 PM
Rank: New-farer

Joined: 4/3/2012
Posts: 13
come baby come. I thought it had gone up for good
e_kijana
#126 Posted : Wednesday, August 01, 2012 2:26:26 PM
Rank: Member

Joined: 1/17/2009
Posts: 55
boyd wrote:
come baby come. I thought it had gone up for good


People had started blaming the co-op registry for the upward trend in the past 3 days... we and our conspirancies...
hisah
#127 Posted : Wednesday, August 01, 2012 3:53:25 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
mwekez@ji wrote:
"CIC Insurance rallied 8.42% to close at 5.15 and traded 1.68m shares worth 8.693m. CIC Insurance was introduced via a Listing on 18th July. The Price Discovery Process saw CIC retreat 22.8571% July 18th through July 25th and has subsequently snapped 27.16% higher July 25th through todays Close." Rich

If NSE allowed both going long and short, bull and bears would make good money here. As it is at right now, very few have been able to grab the share when the downtrend reversed. Dont be caught chasing this bus.


This price action whiplash feels like forex day trading. I believe many fx traders will agree with me here... Dizzy stuff!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
King G
#128 Posted : Tuesday, August 21, 2012 4:31:12 PM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
It is coming down slowly or it will be hyped again back to 4.8 bob
Thieves
FUNKY
#129 Posted : Tuesday, August 21, 2012 4:34:30 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
If the half year results turn out to be good i am sure it might shoot back to 4.80-5.00.
PKoli
#130 Posted : Tuesday, August 21, 2012 4:54:03 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
FUNKY wrote:
If the half year results turn out to be good i am sure it might shoot back to 4.80-5.00.


They have to be really very good to push prices to those levels.
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