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CMC has eventually been suspended
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Sure
#1 Posted : Friday, September 16, 2011 10:43:08 AM
Rank: Member


Joined: 9/9/2010
Posts: 546
Location: Garissa
CMA has suspended CMC from trading at the stock market starting now.
Wisdom to detect when share prices hit rock bottom.
When interest on bonds keep going up, you know the bear run is on high street. When interest on bonds start leveling, the bear has met the bull and they have hit rock bottom. When the interest rates on bonds start coming down, the bull has overpowered the bear and you better be riding the bull.
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Imp unity
#2 Posted : Friday, September 16, 2011 10:47:15 AM
Rank: New-farer


Joined: 8/10/2011
Posts: 60
Total CMC demand 700
Total CMC supply 129,900
Best offer 12.50
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mlennyma
#3 Posted : Friday, September 16, 2011 10:54:44 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,192
Location: nairobi
Link..serious
"Don't let the fear of losing be greater than the excitement of winning."
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Imp unity
#4 Posted : Friday, September 16, 2011 10:58:29 AM
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Joined: 8/10/2011
Posts: 60
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mlennyma
#5 Posted : Friday, September 16, 2011 10:59:44 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,192
Location: nairobi
My shirt is out,i hope i will have removed my trouser and underwear to swim in the blood bath when it resumes.8bob
"Don't let the fear of losing be greater than the excitement of winning."
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Imp unity
#6 Posted : Friday, September 16, 2011 11:09:56 AM
Rank: New-farer


Joined: 8/10/2011
Posts: 60
Can someone put up a link here that confirms that CMC has been suspended. It has traded 200 shares today at 13.50. Why would CMA suspend the share when the market is on. That would be a sign of incompetence on the side of NSE, CMA and Stella herself.
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FUNKY
#7 Posted : Friday, September 16, 2011 11:15:08 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
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Cde Monomotapa
#8 Posted : Friday, September 16, 2011 11:17:11 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
They had it coming no doubt smile
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Kirika
#9 Posted : Friday, September 16, 2011 11:31:36 AM
Rank: Member


Joined: 1/26/2011
Posts: 211
Location: Nairobi
mlennyma wrote:
My shirt is out,i hope i will have removed my trouser and underwear to swim in the blood bath when it resumes.8bob


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

Seriously !!!!
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mlennyma
#10 Posted : Friday, September 16, 2011 11:59:16 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,192
Location: nairobi
Let it be a lesson to other companies,stella kilonzo is a brilliant c.e.o and i have a soft spot for this beautiful lady.
"Don't let the fear of losing be greater than the excitement of winning."
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kamurigo
#11 Posted : Friday, September 16, 2011 12:31:01 PM
Rank: Member


Joined: 10/8/2008
Posts: 82
FUNKY wrote:
http://richlive.co.ke/


This link goes nowhere.
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lovely2010
#12 Posted : Friday, September 16, 2011 12:38:47 PM
Rank: Member


Joined: 10/25/2010
Posts: 519
Location: nairobi
The worst things they get, the better for me...its a good thing I sold everything...I think Im just left with odd lots...Thank God things are bad...
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mwekez@ji
#13 Posted : Friday, September 16, 2011 1:11:09 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
mlennyma wrote:
My shirt is out,i hope i will have removed my trouser and underwear to swim in the blood bath when it resumes.8bob


The suspension is for seven days. … Probably will be extended if things get fouler … that makes CMC moto wa kuotea mbali
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stock.enigma
#14 Posted : Friday, September 16, 2011 1:27:43 PM
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Joined: 8/14/2009
Posts: 244
My exit was ksh 14 and was geared. I still think it will come out strong once all rogue directors are weeded out
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sparkly
#15 Posted : Friday, September 16, 2011 1:41:05 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
lovely2010 wrote:
The worst things they get, the better for me...its a good thing I sold everything...I think Im just left with odd lots...Thank God things are bad...

@lovely no need for celebration. Its very frustrating when you hold shares that you cant sell. Ask uchumi, carbacid, boc people.
Life is short. Live passionately.
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BGL
#16 Posted : Friday, September 16, 2011 1:50:50 PM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
sparkly wrote:
lovely2010 wrote:
The worst things they get, the better for me...its a good thing I sold everything...I think Im just left with odd lots...Thank God things are bad...

@lovely no need for celebration. Its very frustrating when you hold shares that you cant sell. Ask uchumi, carbacid, boc people.


I just hope 7days=7days because it can turn out to be a year as we have seen with other suspensions.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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mlennyma
#17 Posted : Friday, September 16, 2011 2:13:19 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,192
Location: nairobi
C.m.c minus muthoka,does it augur well?and who is muthoka?is this the sasini,kcb man?if its another muthoka i think i will call my son muthoka becoz its a big name.
"Don't let the fear of losing be greater than the excitement of winning."
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cnn
#18 Posted : Friday, September 16, 2011 2:18:04 PM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,622
[quote=mlennyma]C.m.c minus muthoka,does it augur well?and who is muthoka?is this the sasini,kcb man?if its another muthoka i think i will call my son muthoka becoz its a big name.[/quot
KCB have put up a press statement in the business daily clarifying the two are different individual.
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FUNKY
#19 Posted : Friday, September 16, 2011 2:22:07 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
KCB had put up the ad becuase both were known as Peter W Muthoka.
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Impunity
#20 Posted : Friday, September 16, 2011 2:43:45 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,330
Location: Masada
When will they suspend paka?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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