Rank: Chief Joined: 8/4/2010 Posts: 8,977
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guru267 wrote:PKoli wrote:Aguytrying wrote:we'll 5 bob. let me feed the speculation. Market lively, i don't expect a slump, INITIALLY. Possibly 6-7 during the first day, corresponding to 120-140 pre-split price. @PKoli if my memory serves me right the pre split price was 70-80... This actually corresponds with 3.5-4bob.. I dont expect it above 5bob on the first day! @5 on 1st trading day would mean a 42% gain?! Unless they've discovered oil... But the market being a place of irrational emotions anything goes.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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guru267 wrote:PKoli wrote:Aguytrying wrote:we'll 5 bob. let me feed the speculation. Market lively, i don't expect a slump, INITIALLY. Possibly 6-7 during the first day, corresponding to 120-140 pre-split price. @PKoli if my memory serves me right the pre split price was 70-80... This actually corresponds with 3.5-4bob.. I dont expect it above 5bob on the first day! I remember when Equity was listed the offer price was 70. Not sure if anyone bought it at below 120.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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guru267 wrote:PKoli wrote:Aguytrying wrote:we'll 5 bob. let me feed the speculation. Market lively, i don't expect a slump, INITIALLY. Possibly 6-7 during the first day, corresponding to 120-140 pre-split price. @PKoli if my memory serves me right the pre split price was 70-80... This actually corresponds with 3.5-4bob.. I dont expect it above 5bob on the first day! I remember when Equity was listed the offer price was 70. Not sure if anyone bought it at below 120.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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I'm not on this Bus but it will RALLY for sure on listing day. I will buy once folks start to profit take!!!
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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the deal wrote:I'm not on this Bus but it will RALLY for sure on listing day. I will buy once folks start to profit take!!! @ the deal, What price are you eyeing CIC?
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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PKoli wrote:the deal wrote:I'm not on this Bus but it will RALLY for sure on listing day. I will buy once folks start to profit take!!! @ the deal, What price are you eyeing CIC? At Kes3.50-Kes4.50 I would be a buyer...but sadly folks won't let me in @ that price...this thing might go the CFCI way I.e gain +100% and then hit by massive profit taking...
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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the deal wrote:PKoli wrote:the deal wrote:I'm not on this Bus but it will RALLY for sure on listing day. I will buy once folks start to profit take!!! @ the deal, What price are you eyeing CIC? At Kes3.50-Kes4.50 I would be a buyer...but sadly folks won't let me in @ that price...this thing might go the CFCI way I.e gain +100% and then hit by massive profit taking... Generally, there is no much free float, but after the frenzy of initial listing is over, you might get some shares. You cant believe how much I bought this stock..KES 22.5(1 bob now)during the initial offer. CIC guys were begging us to buy..
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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PKoli wrote:the deal wrote:PKoli wrote:the deal wrote:I'm not on this Bus but it will RALLY for sure on listing day. I will buy once folks start to profit take!!! @ the deal, What price are you eyeing CIC? At Kes3.50-Kes4.50 I would be a buyer...but sadly folks won't let me in @ that price...this thing might go the CFCI way I.e gain +100% and then hit by massive profit taking... Generally, there is no much free float, but after the frenzy of initial listing is over, you might get some shares. You cant believe how much I bought this stock..KES 22.5(1 bob now)during the initial offer. CIC guys were begging us to buy.. Lucky you...I'm sure in 5 yrs...your returns will be 1000%....wooow...mind blowing...Centum should hire folks like you!!!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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PKoli wrote:the deal wrote:PKoli wrote:the deal wrote:I'm not on this Bus but it will RALLY for sure on listing day. I will buy once folks start to profit take!!! @ the deal, What price are you eyeing CIC? At Kes3.50-Kes4.50 I would be a buyer...but sadly folks won't let me in @ that price...this thing might go the CFCI way I.e gain +100% and then hit by massive profit taking... Generally, there is no much free float, but after the frenzy of initial listing is over, you might get some shares. You cant believe how much I bought this stock..KES 22.5(1 bob now)during the initial offer. CIC guys were begging us to buy.. I remember you talking about this stock alot back then. It's your time to eat. I wouldn't be surprised by a price above 5.00 bob. it looks "cheap" due to the low numerical value. The market may really push this one up beyond our estimates. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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@Aguy, Wazua, then stockskenya has always been educative. I get mesmerised at how guys are able to analyse all types of investments and the way they share the info is really encouraging. I did not have many followers for CIC though. At my place of work, outside where CIC had set-up a desk for 1st placement, I only managed to get one follower. Later, one guy was so impressed that during second placement he bought about 200,000 shares. He now owns over 4millions shares. I am sure if the stock will trade above 5 bob, he will smile like the deal..
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