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CIC Rights Issue
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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lochaes wrote:hisah wrote:@Boris - I'm still amazed that 9/- was sliced from the 6/- breakout and the rally almost went to 13?! I was expecting a sizable correction back to 8.50-9 level after that furious rally topped out. Seems the correction has settled at 9.50-10 zone. At this price bonus dilution will see prices settle around 7.50-8 zone. But bulls might try to head back to 10 post bonus dilution. Support is still 6/- zone. how long does it take for the bonus shares to reflect in one's statement? With CDSC it's never clear. But the counter is still trading cum bonus. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 5/8/2007 Posts: 709
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cic rising steadily.
Whats causing this price rise and how far can it go?
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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faa wrote:cic rising steadily.
Whats causing this price rise and how far can it go? bonus issue books closing 30 July ;positioning. trading pre bonus. likely to reclaim 12.20 thereabout Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Member Joined: 1/2/2008 Posts: 268 Location: Nairobi
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Boris Boyka wrote:faa wrote:cic rising steadily.
Whats causing this price rise and how far can it go? bonus issue books closing 30 July ;positioning. trading pre bonus. likely to reclaim 12.20 thereabout Good information. So we expect the price to fall immediately after the books closing date.
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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icecube wrote:Boris Boyka wrote:faa wrote:cic rising steadily.
Whats causing this price rise and how far can it go? bonus issue books closing 30 July ;positioning. trading pre bonus. likely to reclaim 12.20 thereabout Good information. So we expect the price to fall immediately after the books closing date. @icecube yees Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Member Joined: 1/2/2008 Posts: 268 Location: Nairobi
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Boris Boyka wrote:icecube wrote:Boris Boyka wrote:faa wrote:cic rising steadily.
Whats causing this price rise and how far can it go? bonus issue books closing 30 July ;positioning. trading pre bonus. likely to reclaim 12.20 thereabout Good information. So we expect the price to fall immediately after the books closing date. @icecube yees What is your prediction of the price after books closing? 6? 7? 8?
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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icecube wrote:Boris Boyka wrote:icecube wrote:Boris Boyka wrote:faa wrote:cic rising steadily.
Whats causing this price rise and how far can it go? bonus issue books closing 30 July ;positioning. trading pre bonus. likely to reclaim 12.20 thereabout Good information. So we expect the price to fall immediately after the books closing date. @icecube yees What is your prediction of the price after books closing? 6? 7? 8? avg 8. given it's likely to hit past 12.0 pre bonus,falling to 6 (fall by 50%) is unlikely as strong demand will build up @ btwn 7.5-8.0 which will push price up avg @ 8 Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Member Joined: 4/24/2014 Posts: 159 Location: Nairobi
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icecube wrote:Boris Boyka wrote:icecube wrote:Boris Boyka wrote:faa wrote:cic rising steadily.
Whats causing this price rise and how far can it go? bonus issue books closing 30 July ;positioning. trading pre bonus. likely to reclaim 12.20 thereabout Good information. So we expect the price to fall immediately after the books closing date. @icecube yees What is your prediction of the price after books closing? 6? 7? 8? I have a couple of shares bought at 8 bob. abit confused abt selling right after books closure or before closure to get the bonus issue. Money comes and goes. When you have it enjoy it.
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Rank: Member Joined: 7/6/2010 Posts: 242
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Am observing this stock closely and want to place an order by Friday this week.
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Rank: Member Joined: 5/14/2014 Posts: 289 Location: nairobi
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Boris Boyka wrote:icecube wrote:Boris Boyka wrote:icecube wrote:Boris Boyka wrote:faa wrote:cic rising steadily.
Whats causing this price rise and how far can it go? bonus issue books closing 30 July ;positioning. trading pre bonus. likely to reclaim 12.20 thereabout Good information. So we expect the price to fall immediately after the books closing date. @icecube yees What is your prediction of the price after books closing? 6? 7? 8? avg 8. given it's likely to hit past 12.0 pre bonus,falling to 6 (fall by 50%) is unlikely as strong demand will build up @ btwn 7.5-8.0 which will push price up avg @ 8 interesting how wazuans are able to confidently predict the actions of an irrational market.remember safcom last year rallying post book closure? @boris i say this on a light note, I find satisfaction in owning great business,not trading them
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