And before this i think i remember 150s cum bonus/rights.

Just b4 the rights issue it was trading at 98/= in 2007,after adjusting the right issue and the subsequent bonus(es) this share has never gone beyond 50/=

The charts are based on mathematical models. The mathematical models used are based on actual data with some factors held constant (hence forcing the charts to tend towards linear regression). The most important assumption in the model is that every player in the market was aware of all corporate events by NIC and therefore factored these into the price....meaning if a bonus issue, all players would know about it at the same time (it is the same effect achieved when you adjust for CACs). This model over simplifies the market dynamics and in truth is imperfect because information assymetry is a fact. The most accurate measure is day to day price movements or moving average prices and these indicate that the NIC has severally traded above Sh 50. As a matter of fact I bought a small lot at Sh 43 and disposed at Sh 64 - some time in 2007 when to the best of my knowledge, there was no corporate action in the offing ~ that was in the public domain.




The charts are based on mathematical models. The mathematical models used are based on actual data with some factors held constant (hence forcing the charts to tend towards linear regression). The most important assumption in the model is that every player in the market was aware of all corporate events by NIC and therefore factored these into the price....meaning if a bonus issue, all players would know about it at the same time (it is the same effect achieved when you adjust for CACs). This model over simplifies the market dynamics and in truth is imperfect because information assymetry is a fact. The most accurate measure is day to day price movements or moving average prices and these indicate that the NIC has severally traded above Sh 50. As a matter of fact I bought a small lot at Sh 43 and disposed at Sh 64 - some time in 2007 when to the best of my knowledge, there was no corporate action in the offing ~ that was in the public domain


The issue is will the share be able to appreciate in value to 52/= within a span of approx. 9 months in this tough yr.

I have been struggling to upload Pdf files to the website but thanks to @infinity I hope it will be a thing of the past.

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