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CIC - Buy this Growth Stock
Rank: Member Joined: 7/23/2009 Posts: 526
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muganda wrote:I will give @J1Andrea the benefit of doubt.
If you bought CIC at 4/=, hurry on and dispose of the lot today. This is an average company that is way overpriced - it will only serve to make its top affiliated shareholders rich.
Warren Buffett spoke thus: The chief risk is not overpaying for excellent businesses, but paying too much for mediocre businesses during prosperous times
@Muganda, I think they have a sustainable profit to make and even beyond if they can live to their potential. The Coop Bank holding gives them most of the loan insurance biz thro Kingdom securities. If they properly explore and harness the sacco market for business, the figures mentioned become probable, then eventually inevitable. Am personally banking on that....I may be right. Time will tell. Accept no one's definition of your life; define your life.
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Rank: User Joined: 7/12/2011 Posts: 21
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The loss/profit margin of this stock is definitely ideal for any investor:
1-You buy the stock at 4(estimate figure). For you to realize a 10% gain on your money, you only need to sell the stock later at 4.4 ie a 10% rise of the initial buy price.
2-On the other hand, you can put a stop loss order ie, your exit point should the stock tank. That should be around 10% drop from the initial buying price. Therefor, should the stock fall to 3.6, you sell.
This is plausible at the moment considering the momentum of the stock in the past week. It has consistently appreciated daily with margins between 5-15%.
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Rank: Member Joined: 3/26/2012 Posts: 830
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Sisqo wrote:The loss/profit margin of this stock is definitely ideal for any investor:
1-You buy the stock at 4(estimate figure). For you to realize a 10% gain on your money, you only need to sell the stock later at 4.4 ie a 10% rise of the initial buy price.
2-On the other hand, you can put a stop loss order ie, your exit point should the stock tank. That should be around 10% drop from the initial buying price. Therefor, should the stock fall to 3.6, you sell.
This is plausible at the moment considering the momentum of the stock in the past week. It has consistently appreciated daily with margins between 5-15%. haha...did you just say stop loss...that exact strategy made me learn a very painful lesson,value investing and averaging down upon careful analysis of a stock.Your strategy will only make your broker rich giving you minimal returns if you are lucky to get any. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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S.Mutaga III wrote:Sisqo wrote:The loss/profit margin of this stock is definitely ideal for any investor:
1-You buy the stock at 4(estimate figure). For you to realize a 10% gain on your money, you only need to sell the stock later at 4.4 ie a 10% rise of the initial buy price.
2-On the other hand, you can put a stop loss order ie, your exit point should the stock tank. That should be around 10% drop from the initial buying price. Therefor, should the stock fall to 3.6, you sell.
This is plausible at the moment considering the momentum of the stock in the past week. It has consistently appreciated daily with margins between 5-15%. haha...did you just say stop loss...that exact strategy made me learn a very painful lesson, value investing and averaging down upon careful analysis of a stock.Your strategy will only make your broker rich giving you minimal returns if you are lucky to get any. Your learning very fast brother....keep it up "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Member Joined: 2/25/2010 Posts: 158
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I am tired of my broker! He ignores my stop orders and goes ahead to dispose of my shares at prices i have not approved. And when you tell your broker to buy for you a stock at a best price and he goes ahead to buy the stock at the highest market price, is this prudent? Whose interest is the broker really serving coz i dont think some of the moves they do when you are not looking are not for a clients benefits. Is there a broker who can listen to me and be available for consultations when needed? I want to quit this brokerage. Anybody with good recommendations? Keeping it all in the family
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Rank: Veteran Joined: 7/5/2010 Posts: 2,061 Location: Nairobi
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anika66 wrote:I am tired of my broker! He ignores my stop orders and goes ahead to dispose of my shares at prices i have not approved. And when you tell your broker to buy for you a stock at a best price and he goes ahead to buy the stock at the highest market price, is this prudent? Whose interest is the broker really serving coz i dont think some of the moves they do when you are not looking are not for a clients benefits. Is there a broker who can listen to me and be available for consultations when needed? I want to quit this brokerage. Anybody with good recommendations? Waaah. You are being played. The broker is making money for the brokerage .... , do you know a lawyer? seek some advice, next time ensure your sell and stop orders are written, or telll the broker you are recording the verbal call ... you could also start a letter campaign ...address or copy some CMA regulatory big wigs (this has been known to work with banks and unexplained debits and charges) ;nuisance makes people pause before they muck around with you. I hope your broker will be deterred. Good luck.
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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anika66 wrote:I am tired of my broker! He ignores my stop orders and goes ahead to dispose of my shares at prices i have not approved. And when you tell your broker to buy for you a stock at a best price and he goes ahead to buy the stock at the highest market price, is this prudent? Whose interest is the broker really serving coz i dont think some of the moves they do when you are not looking are not for a clients benefits. Is there a broker who can listen to me and be available for consultations when needed? I want to quit this brokerage. Anybody with good recommendations? Which broker is this? (PS Use a slightly amended spelling that we can understand eg Coep Invrestmnt)
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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anika66 wrote:I am tired of my broker!. . . . Is there a broker who can listen to me and be available for consultations when needed? I want to quit this brokerage. Anybody with good recommendations? GengHis Capital. The opposite of courage is not cowardice, it's conformity.
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Rank: User Joined: 1/5/2013 Posts: 66
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I am looking at a 5 this week..or more.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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FOsiemo10M wrote:I am looking at a 5 this week..or more. We bet....KES1,000.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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FOsiemo10M on Thus, January 17, 2013 wrote:CiC is going to reach 8 by end of next week. A chance to double your money FOsiemo10M on Mon, January 21, 2013 wrote:I am looking at a 5 this week..or more.  … and you still cant answer this hisah on Thus, January 17, 2013 wrote: On what grounds will the share price head to those lofty heights? Double their revenues? Acquire a biz in EA? Have you checked its P/B vs the rest of the industry?
At least state some reasonable facts backing your price target.
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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trying to hype CIC without fundamentals. CIC to 6-8 bob, not in the near future. You are going to lose big! Thieves
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Rank: User Joined: 1/17/2013 Posts: 11
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What are the stats as of now. My broker, CFC (I have to move from this place) cannot allow me to log into my online account.
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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CIC is refusing to go down while most counters are in RED..it has stood firmly at 4/-
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Rank: User Joined: 1/5/2013 Posts: 66
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All you who listened to my advice are smiling. All who wanted fundamentals, you can check how this counter is outperforming all counters.
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Rank: User Joined: 1/17/2013 Posts: 11
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FOsiemo10M wrote:All you who listened to my advice are smiling. All who wanted fundamentals, you can check how this counter is outperforming all counters. I have made 5k profit already. How far do you think it will go by end month? Should sell by Feb.
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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This is maybe what is causing CIC Insurance to rise; http://www.capitalfm.co....to-manage-pension-funds/Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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What rise? The stock was in the red today. 3.90/- and i predict 2.00/- by the end of Feb "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: User Joined: 1/5/2013 Posts: 66
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murchr wrote:What rise? The stock was in the red today. 3.90/- and i predict 2.00/- by the end of Feb What logic is this? A positive business move should translate to good gains. I am sure if they post losses, you will now predict it will go up to 6(using your current logic formula.
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Rank: Member Joined: 3/26/2012 Posts: 830
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Foseimo...are you related to one QW? A successful man is not he who gets the best, it is he who makes the best from what he gets.
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CIC - Buy this Growth Stock
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