Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Yesterdays trading was a short 1hr 15mins with price manipulation by Faida. I doubt whether Faida mboys will be able to manipulate the market today. Lower low will print!
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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mwekez@ji wrote:Yesterdays trading was a short 1hr 15mins with price manipulation by Faida. I doubt whether Faida mboys will be able to manipulate the market today. Lower low will print! Despite yesterday's manipulation by 1 big boy, the share has started drifting towards wanjiku's affordability levels. Can have additional at levels below 4 bob nothing more. Let us wait and see if the mbus will behave. Thieves
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Rank: Member Joined: 4/14/2011 Posts: 639
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what are the bids currently.I hear there is no demand
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Rank: Member Joined: 2/8/2007 Posts: 808
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I am sure Faida and Kingdom securities will pitch with "demand" sooner or latter. Look and take this to the bank, this share will go the Britak way in another few months. Expect it at 2bob before close of year.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Hunderwear wrote:what are the bids currently.I hear there is no demand
total demand - 300,000
total supply - 2,426,500
Current VWAP - 4.85/-
Open - 5.25/-
High - 5/-
Low - 4.75/-
Down - 7.62%
Let us see how PPT will handle it as it approaches 3.50/- But due to the lack of significant volume, it should be easy for them to float it back above 5/- and create a floor at 4/-
$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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Hunderwear wrote:what are the bids currently.I hear there is no demand No bidders, but there are 2.37m offers at 4.75!
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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CIC is a unique insurance company thus it deserves to trade at a premium to the likes of Jubilee...but at the current price it has moved way ahead of fundamentals...4 bob is a good price!
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Rank: Member Joined: 2/22/2010 Posts: 510 Location: De egg
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Kausha wrote:I am sure Faida and Kingdom securities will pitch with "demand" sooner or latter. Look and take this to the bank, this share will go the Britak way in another few months. Expect it at 2bob before close of year. you can't armtwist Sir. Market and if you try he reacts with fury . We ar waiting for this stock hapa hapa jini . Take ua time . Peace be with you
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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the deal wrote:CIC is a unique insurance company thus it deserves to trade at a premium to the likes of Jubilee...but at the current price it has moved way ahead of fundamentals...4 bob is a good price! @the deal, Agreed, I will wait for it at 3.5 and hope some guys despair to sell it at 3!
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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Kausha wrote:I am sure Faida and Kingdom securities will pitch with "demand" sooner or latter. Look and take this to the bank, this share will go the Britak way in another few months. Expect it at 2bob before close of year. Two bob, I doubt, unless they record losses in their HY year results. I am sure the results will be exciting.
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