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CIC FY 2013 results not that good
PKoli
#41 Posted : Friday, March 14, 2014 10:15:38 AM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
georgegop wrote:
And the price is going up up up up....



Future is bright for CIC. Been in it since first OTC listing and I am happy.
Goldilocks Reloaded
#42 Posted : Friday, March 14, 2014 10:22:13 AM
Rank: Member

Joined: 1/14/2014
Posts: 178
Enjoying the ride. Not sure of the destination though.
Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
bartum
#43 Posted : Friday, March 14, 2014 10:28:37 AM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
PKoli wrote:
georgegop wrote:
And the price is going up up up up....



Future is bright for CIC. Been in it since first OTC listing and I am happy.

@Pkoli ditto and thanks big,long live wazua
jawgey
#44 Posted : Friday, March 14, 2014 11:06:40 AM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
Considering the friday effect on the bourse.. not bad. smile
Seeing is believing
hisah
#45 Posted : Friday, March 14, 2014 11:49:23 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
It is interesting after the listing high of 5.25 and crash to 3.10 then rally back to 5.80 and retrace back to 4.50, this counter has been bullish since.

As per cartoons, the breakout from 6/- was going to be furious since 5.25 and 5.80 had proved to be tough resistance layers. Using the fibo tool, when measure from 4.50, the counter today has printed a high of 7.80 which is a 100% fibo level. If bulls can keep up, the next extension 123.6% will see the price hit 8.50 and at 138.2% extension the price will scale 9/-. The market being what it is always tends to behave beyond reason and it is getting frothy at these levels as bulls chase the bonus issue...

@metaspoilt - this one has played out nice for a trader's game.

@stockhunter - what is your profit take. Are you in the long haul? If yes, no need to answer, but if you have recovered your capital like @pkoli and @bartum, then selling some is not a bad idea.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Ericsson
#46 Posted : Friday, March 14, 2014 12:13:26 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
Now let me wait for the next money maker listing i.e UAP
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Metasploit
#47 Posted : Friday, March 14, 2014 5:01:59 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
hisah wrote:
It is interesting after the listing high of 5.25 and crash to 3.10 then rally back to 5.80 and retrace back to 4.50, this counter has been bullish since.

As per cartoons, the breakout from 6/- was going to be furious since 5.25 and 5.80 had proved to be tough resistance layers. Using the fibo tool, when measure from 4.50, the counter today has printed a high of 7.80 which is a 100% fibo level. If bulls can keep up, the next extension 123.6% will see the price hit 8.50 and at 138.2% extension the price will scale 9/-. The market being what it is always tends to behave beyond reason and it is getting frothy at these levels as bulls chase the bonus issue...

@metaspoilt - this one has played out nice for a trader's game.

@stockhunter - what is your profit take. Are you in the long haul? If yes, no need to answer, but if you have recovered your capital like @pkoli and @bartum, then selling some is not a bad idea.


I have played it thrice since you hinted at the buy signal at the 4.7 level #Many Thanks

β€œThe pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
Mukiri
#48 Posted : Friday, March 14, 2014 11:44:12 PM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
Metasploit wrote:
hisah wrote:
It is interesting after the listing high of 5.25 and crash to 3.10 then rally back to 5.80 and retrace back to 4.50, this counter has been bullish since.

As per cartoons, the breakout from 6/- was going to be furious since 5.25 and 5.80 had proved to be tough resistance layers. Using the fibo tool, when measure from 4.50, the counter today has printed a high of 7.80 which is a 100% fibo level. If bulls can keep up, the next extension 123.6% will see the price hit 8.50 and at 138.2% extension the price will scale 9/-. The market being what it is always tends to behave beyond reason and it is getting frothy at these levels as bulls chase the bonus issue...

@metaspoilt - this one has played out nice for a trader's game.

@stockhunter - what is your profit take. Are you in the long haul? If yes, no need to answer, but if you have recovered your capital like @pkoli and @bartum, then selling some is not a bad idea.


I have played it thrice since you hinted at the buy signal at the 4.7 level #Many Thanks

@Hisah, Even I say 'Thank you' For a minute there I'd doubted your 8 - 8.30 prediction. You were silent went it began going on reverse immediately after the results.

Proverbs 19:21
stockshunter
#49 Posted : Monday, March 17, 2014 12:36:50 PM
Rank: Member

Joined: 1/16/2014
Posts: 114
hisah wrote:
It is interesting after the listing high of 5.25 and crash to 3.10 then rally back to 5.80 and retrace back to 4.50, this counter has been bullish since.

As per cartoons, the breakout from 6/- was going to be furious since 5.25 and 5.80 had proved to be tough resistance layers. Using the fibo tool, when measure from 4.50, the counter today has printed a high of 7.80 which is a 100% fibo level. If bulls can keep up, the next extension 123.6% will see the price hit 8.50 and at 138.2% extension the price will scale 9/-. The market being what it is always tends to behave beyond reason and it is getting frothy at these levels as bulls chase the bonus issue...

@metaspoilt - this one has played out nice for a trader's game.

@stockhunter - what is your profit take. Are you in the long haul? If yes, no need to answer, but if you have recovered your capital like @pkoli and @bartum, then selling some is not a bad idea.


@Hisah following your analysis (and am very gratefulsmile ), I amended the sell price from 7.50 to 8 bob and the amount I want to sell is just sufficient to recover my capital the balance, which is the profit I will regard it as free shares and forget about them for the next several years. how is the out look on the EAPORT after solving their domestics, looks like they are the next bus to me even though the sellers are very stingy ati the only amount available is quantity 100 @ 95.
fear makes people live a miserable life.
PKoli
#50 Posted : Monday, March 17, 2014 12:53:27 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
hisah wrote:
It is interesting after the listing high of 5.25 and crash to 3.10 then rally back to 5.80 and retrace back to 4.50, this counter has been bullish since.

As per cartoons, the breakout from 6/- was going to be furious since 5.25 and 5.80 had proved to be tough resistance layers. Using the fibo tool, when measure from 4.50, the counter today has printed a high of 7.80 which is a 100% fibo level. If bulls can keep up, the next extension 123.6% will see the price hit 8.50 and at 138.2% extension the price will scale 9/-. The market being what it is always tends to behave beyond reason and it is getting frothy at these levels as bulls chase the bonus issue...

@metaspoilt - this one has played out nice for a trader's game.

@stockhunter - what is your profit take. Are you in the long haul? If yes, no need to answer, but if you have recovered your capital like @pkoli and @bartum, then selling some is not a bad idea.


@ Hisa,

Thanks, I did sell some (50%) when the shares started trading after listing. Now can't complain much. I should hold onto the remaining and see how the regional expansion strategy will entail. If growth in dividends is enticing I should keep the stock, maybe for my daughter's university fees, 8 years from now.
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