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CIC by yaserbigchair
Rank: Chief Joined: 5/31/2011 Posts: 5,121
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"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.
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Rank: Elder Joined: 12/4/2009 Posts: 10,810 Location: NAIROBI
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CIC come down again to ksh.4 and below levels Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 9/14/2011 Posts: 869 Location: nairobi
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does anyone know when Co-op bank is likely to release half year results to give us an indication of CIC performance
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Rank: New-farer Joined: 4/3/2012 Posts: 13
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come baby come. I thought it had gone up for good
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Rank: Member Joined: 1/17/2009 Posts: 55
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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...
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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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!
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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It is coming down slowly or it will be hyped again back to 4.8 bob Thieves
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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If the half year results turn out to be good i am sure it might shoot back to 4.80-5.00.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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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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CIC by yaserbigchair
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