i can remember reading n this site about this, almost back to trading and this is what i plan to do, forgive my boiling blood which has made me a very impatient man ..at least for the last few years.
Starting off with C&G..no one is willing to sell..whats wrong with you pple?..i have 29 bob as my offer!!!!

@mlefu. Are you just trying to rile "the deal" or what? I can't even see your bid @29. There is but a single bid of 100 shares at 30.

BTW, mlefu, shares in tightly held companies are probably the worst to speculate in. You make the money by getting in to these shares when they are completely out of favour and holding on to them for extended periods of time.

For speculation you are better of in buying into high trading volume shares. You just have to watch their trading cycles. As an example, I have made money countless times by buying and selling into and out of Mumias and Equity Bank. As for C & G, you need the patience of Job either to get in or out.

SO this mlefu dude is the one who has bringing down the share wit 100 shares...some of us have thousands...nkt!

mlefu what you are doing is share price manipulation...stop it immediately.

@mlefu

What Does Manipulation Mean?
The act of artificially inflating or deflating the price of a security. In most cases, manipulation is illegal. It is much easier to manipulate the share price of smaller companies, such as penny stocks, because they are not as closely watched by analysts as the medium- and large-sized firms.

Also known as "price manipulation".
Investopedia Says
Investopedia explains Manipulation
One way people can deflate the price of a security is by placing hundreds of small orders at a significantly lower price than the one at which it has been trading. This gives investors the impression that there is something wrong with the company, so they sell, pushing the prices even lower. Another example of manipulation would be to place simultaneous buy and sell orders through different brokers that cancel each other out but give the perception, because of the higher volume, that there is increased interest in the security.

I like this guy already. Come to think of it mwanahisa, deal, myself and mlefu like to speculate. Why dont we support this thread, with our speculative plays. I had another thread 'bargains to buy from tomorrow'. I speculate with around 15% of my portfolio, to keep my blood flowing, as my long term takes its time.

No. It is NOT 'manipulation'... He has put the bid out on the Board... You can either out-bid him or sell to him.

The problem is the lack of liquidity of C&G.

@the deal - If the shares are 'cheap' at 29/- then you should also bid. If they are pricey at 31/- then you should sell!!!

Scangroup. Bought at 50.00. I've acquired it over the last few days. Time to sit back and see. I had an eye on unga at 8.60 but the universe conspired against my bid. Others to note. Pan africa. 44.50, c and g 30.00, cfc 54.50. But i've opted for scan. Lets see how it goes.