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Tutu		#1 Posted : Monday, April 27, 2009 11:27:00 AM
Rank: Member Joined: 11/12/2008 Posts: 74		What's keeping this counter low? anyone plz advise if tis it's fundanmentals or otherwise... Whack me not!!! Jesus Loves me this I know,for the bible tells me so!
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eli		#2 Posted : Tuesday, April 28, 2009 7:40:00 AM
Rank: Member Joined: 6/17/2008 Posts: 294		The market is trying to find the right price for the share. The price was hiked 10times over. But you shall remember the LORD your God,for it is He who is giving you power to make wealth,that He may confirm His covenant which He swore to your fathers,as it is this day. Deu 8:18
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luxel		#3 Posted : Tuesday, April 28, 2009 11:38:00 AM
Rank: Member Joined: 7/17/2008 Posts: 152		Co-op is affected by the bear market just like any other stock. If equity made kshs.6 billion and co-op made kshs.3B,then i think it fair for the share price of coop at around kshs7 when EB is around kshs.14. I am quite aware that there are many other factors to consider but i have used EB to compare because they are in the same industry and both have no. of shares running into billions.
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