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gesowan
#261 Posted : Thursday, May 12, 2011 5:16:52 AM
Rank: Member

Joined: 11/6/2010
Posts: 289
i understand the MD is visiting USA any info
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bird_man
#262 Posted : Thursday, May 12, 2011 7:31:16 AM
Rank: Veteran

Joined: 11/2/2006
Posts: 1,206
Location: Nairobi
gesowan wrote:
i understand the MD is visiting USA any info

??
Formally employed people often live their employers' dream & forget about their own.
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bird_man
#263 Posted : Thursday, May 12, 2011 7:33:31 AM
Rank: Veteran

Joined: 11/2/2006
Posts: 1,206
Location: Nairobi
When the share split is approved on 14th may,when will the shares actually be split?According to the register as at?I want to decide if i should buy more.
Formally employed people often live their employers' dream & forget about their own.
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ndung'u wa waweru
#264 Posted : Thursday, May 12, 2011 9:16:27 AM
Rank: Hello

Joined: 5/10/2011
Posts: 2
Cic at 90! Expect the price to jump to 300 before listing next year.
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Okonkwo
#265 Posted : Thursday, May 12, 2011 11:31:45 AM
Rank: Member

Joined: 1/29/2009
Posts: 85
I like how Wazuans get excited sometimes, and they invest without thinking twice.

Those who have done alot of economics know abt demand for substitute products. Why buy at 90/- when you can invest in other alternative stocks with low pricing & shorther guranteed returns. Behold why should I buy at 90/= to wait for two years (dead stock). That is why I recently disposed all my CIC shares and ventured into other alternatives. I have since turned my capital three times since Jan. Before they list, my investment will be much higher than whatever price they will quote (even 5 times more).

But since it seems some wazuans investments is restricted, just let me know those who want to buy the shares at the 300/=, I will get you as many as you want.

If you want to test this, just give brokers 10,000 shares to sell for you at even 50/=. You may be surprised that you wont get buyers. Sometimes people talk, without action. For me, no CIC engagement, until later 2012 if I will have no other opportunities
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Iborian
#266 Posted : Thursday, May 12, 2011 11:36:57 AM
Rank: Member

Joined: 4/17/2009
Posts: 194
At 90, the old adage of buyer beware applies. Why should it be at 90?

ndung'u wa waweru wrote:
Cic at 90! Expect the price to jump to 300 before listing next year.
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bird_man
#267 Posted : Thursday, May 12, 2011 12:00:45 PM
Rank: Veteran

Joined: 11/2/2006
Posts: 1,206
Location: Nairobi
Okonkwo wrote:
I like how Wazuans get excited sometimes, and they invest without thinking twice.


Nobody on Wazua has so far said that they are buying at 90sh.Or is there?Anyone?
Formally employed people often live their employers' dream & forget about their own.
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e_kijana
#268 Posted : Thursday, May 12, 2011 12:05:33 PM
Rank: Member

Joined: 1/17/2009
Posts: 55
I sold some at 80/= yesterday... I can authoritatively confirm that there is demand at those prices. and So can Suntra from the below link

http://www.businessdaily...2/-/pm4359/-/index.html

@Okonkwo - It seems you sold CIC too soon... But, I would like to get involved in that Pyramid scheme you got intAngel
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Okonkwo
#269 Posted : Thursday, May 12, 2011 12:53:18 PM
Rank: Member

Joined: 1/29/2009
Posts: 85
I agree with you. Remember year before rights, the share was at 35/= and we bought rights at 27 (so those whose bought at 35/= never had advantage). I am told rights may be at 6.50/=. At share price of 100/=, it means 5/= post split. Why not just wait for IPO. They way they have talked, am sure listing will even be 2013.

I leave it to the individuals to make personal buy decisions. I can not challenge
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selah
#270 Posted : Friday, May 13, 2011 12:32:35 PM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
We had a discussion about companies posting above average results on the year they are about to be listed,I am looking at CIC current results and looking at the graphs trends From 2006 to 2010.The 2010 results seems to be one hell of a year for CIC in terms of growth.

Profit growth 117%
asset growth 88%
Gross premium 58%
Net earned premium 40%

Lets hope there aggressive growth strategy is paying off I would hate to loose money in their upcoming IPO.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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