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What is up for CIC rally?
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abkon2014
#1 Posted : Friday, September 12, 2014 10:39:46 AM
Rank: New-farer


Joined: 9/11/2014
Posts: 21
Shareholder are rallying for CIC shares of late, is it because its the cheapest insurance counter?
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josimar
#2 Posted : Friday, September 12, 2014 1:14:05 PM
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Joined: 7/6/2010
Posts: 242
It has been hovering between 8.20 and 8.50ksh, no spectacular changes that I have seen for last 1 month.
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shrewdinvestor
#3 Posted : Friday, September 12, 2014 1:42:58 PM
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Joined: 9/12/2014
Posts: 120
Location: Nyali
Signs of the time
what do you think when you hear of a new ceo?,expansion plans in the pipeline,south sudan and malawi,corporate bond in the offing..all these are what investors like smelling and i am telling you..watch this space..its a buy for me and its really undervalued at that price..
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Mastermind
#4 Posted : Friday, September 12, 2014 1:52:02 PM
Rank: Veteran


Joined: 1/25/2012
Posts: 1,624
Location: Langley
abkon2014 wrote:
Shareholder are rallying for CIC shares of late, is it because its the cheapest insurance counter?

Its not the cheapest though.
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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dunkang
#5 Posted : Friday, September 12, 2014 1:59:44 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
abkon2014 wrote:
Shareholder are rallying for CIC shares of late, is it because its the cheapest insurance counter?

The Wazua Family would highly appreciate if they could see the numbers.
Receive with simplicity everything that happens to you.” ― Rashi

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littledove
#6 Posted : Friday, September 12, 2014 2:13:20 PM
Rank: Veteran


Joined: 7/1/2014
Posts: 903
Location: sky
Mastermind wrote:
abkon2014 wrote:
Shareholder are rallying for CIC shares of late, is it because its the cheapest insurance counter?

Its not the cheapest though.

the cheapest insurance counter currently is kenya re on pe basis (pe of 4) against cic pe of 12
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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