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Christopher Kirubi buying additional Centum shares
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VituVingiSana
#71 Posted : Thursday, October 31, 2013 9:31:41 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
Pesa Nane wrote:
VituVingiSana wrote:
VituVingiSana wrote:
VituVingiSana wrote:
Will this give the market (Centum shares) a bump/boost?

http://www.businessdaily.../-/og81gxz/-/index.html

Those are a lot of shares CK is buying.
It has started. Over 1.2mn shares traded

And another 1.2mn shares traded today [This follows the 1.2mn traded on Friday]


BD_Oct30 wrote:
Investment company Centum has hit a one-year high of Sh30 per share boosted by rising demand...... Mr Kirubi said in an interview that he is yet to start buying Centum shares, meaning the increased demand is coming from other investors taking position on the counter.

“I have not activated my purchase yet. All I have got is permission from the regulator to do so,” said Mr Kirubi on phone from London.
I shudder to think... What price was CK planning to buy at? Or will he start selling as it trends towards 33?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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streetwise
#72 Posted : Friday, November 01, 2013 10:44:53 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Wow..seen this share at 33.75, will it actually go to the 100 that CK had said it is worth !!!
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mv_ufanisi
#73 Posted : Friday, November 01, 2013 11:23:34 AM
Rank: Member

Joined: 1/15/2010
Posts: 625
The DJ networth is just going up and up. Centum though seem to know what they're doing. If they execute Two Rivers project the share will indeed be worth the 100 that the DJ was talking about.
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Ericsson
#74 Posted : Friday, November 01, 2013 11:29:19 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
@mwekez@ji and sparkly:
I am at CIC.I see huge potential when they start developing the Kiambu/Ruiru plot they bought.The size of the land is 200 acres
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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VituVingiSana
#75 Posted : Friday, November 01, 2013 1:08:44 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
Huge volumes with 1.8mn traded so far.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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streetwise
#76 Posted : Friday, November 01, 2013 1:32:44 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Kuna mutu anajua kitu....please tell us..
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Ericsson
#77 Posted : Friday, November 01, 2013 2:40:27 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
For Kirubi to get the additional 5% one of the big shareholder will be reducing his shareholding.
The most likely suspect I see here is UAP.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Sufficiently Philanga....thropic
#78 Posted : Friday, November 01, 2013 3:20:29 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Ericsson wrote:
For Kirubi to get the additional 5% one of the big shareholder will be reducing his shareholding.
The most likely suspect I see here is UAP.

Soo true.
@CK is a shrewd trader. There's no telling when he's going to decide to press that sell button.
@SufficientlyP
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jerry
#79 Posted : Friday, November 01, 2013 4:15:26 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Sufficiently Philanga....thropic wrote:
Ericsson wrote:
For Kirubi to get the additional 5% one of the big shareholder will be reducing his shareholding.
The most likely suspect I see here is UAP.

Soo true.
@CK is a shrewd trader. There's no telling when he's going to decide to press that sell button.

He once had 1.6Bn worth of Centum. When is UAP listing or likely to list and what is the current OTC price(for UAP)?
The opposite of courage is not cowardice, it's conformity.
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Magnate
#80 Posted : Wednesday, November 06, 2013 1:33:44 PM
Rank: Member

Joined: 11/1/2013
Posts: 257
loosing momentum whats happening to this counter
No diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore
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