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Pan Africa Insurance 1H13 PAT jumps 266%
mibbz
#41 Posted : Tuesday, November 12, 2013 3:18:32 PM
Rank: Member

Joined: 2/18/2011
Posts: 448
Another 69,300 shares moving today with counter closing at 69. that brings it to a total of approx 225k shares moved in 2 days which i can confidently state is what this company moves in a quarter.....something is definitely cooking.

Also 21% net foreign buy,its been a while since i saw any net foreign entry into this counter...
Magnate
#42 Posted : Tuesday, November 12, 2013 4:27:12 PM
Rank: Member

Joined: 11/1/2013
Posts: 257
mibbz wrote:
a massive 155,100 shares have moved today.....seems the seller who was offloading 147,000 shares last week at 70 bob finally found a buyer.....or can we speculate Sanlam is taking over? Interesting counter indeed....
@magnate i was worried about that huge supply chunk but it seems its almost out of the way;expect a race towards 100 bob soon



am firmly on this one
No diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore
mwekez@ji
#43 Posted : Tuesday, November 12, 2013 4:34:26 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Magnate wrote:
mibbz wrote:
a massive 155,100 shares have moved today.....seems the seller who was offloading 147,000 shares last week at 70 bob finally found a buyer.....or can we speculate Sanlam is taking over? Interesting counter indeed....
@magnate i was worried about that huge supply chunk but it seems its almost out of the way;expect a race towards 100 bob soon



am firmly on this one

young
#44 Posted : Tuesday, November 12, 2013 6:51:23 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,075
Location: Lagos, Nigeria
This couter has been consistent in the last 2 years, I see it approaching 100 in 2014, factoring in excellent net income growth and Sanlam of s/a connection.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
obiero
#45 Posted : Wednesday, November 13, 2013 7:48:02 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,245
Location: nairobi
one stock i reget not gettin into when all my stock pickin signs read BUY

mibbz
#46 Posted : Thursday, November 14, 2013 2:54:24 AM
Rank: Member

Joined: 2/18/2011
Posts: 448
It moved approximately 22k shares today at a steady 69.50;there is a big seller exiting and from what has moved so far during the week; i can postulate approx 300k shares have/are being offloaded at a mean of 70 bob with almost 250k shares being snapped up thus far

Once the remaining 50k shares or thereabout are out of the way,expect price to launch into space
mibbz
#47 Posted : Thursday, November 14, 2013 1:33:36 PM
Rank: Member

Joined: 2/18/2011
Posts: 448
52k shares have moved today,supply has diminished at 70 bob;am glad that huge chunk of 300k shares has gone.
new testing level is 75 bob,lets see if the buyers shall meet suppliers...30k shares available there
Aguytrying
#48 Posted : Thursday, November 14, 2013 1:58:15 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
GO GO GO. The way is open for 80.00 and above
The investor's chief problem - and even his worst enemy - is likely to be himself
Magnate
#49 Posted : Thursday, November 14, 2013 5:30:34 PM
Rank: Member

Joined: 11/1/2013
Posts: 257
mibbz wrote:
52k shares have moved today,supply has diminished at 70 bob;am glad that huge chunk of 300k shares has gone.
new testing level is 75 bob,lets see if the buyers shall meet suppliers...30k shares available there


i saw a 73.0 trade today the jiko has started blazing
No diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore
young
#50 Posted : Thursday, November 14, 2013 7:02:10 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,075
Location: Lagos, Nigeria
young wrote:
This couNter has been consistent in the last 2 years, I see it approaching 100 in 2014, factoring in excellent net income growth and Sanlam of s/a connection.

The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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