Wazua
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2000 CIC SHARES@80
Rank: Member Joined: 4/14/2011 Posts: 639
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Equator wrote:The way the market is behaving, this share may trade at sub Kshs2.00 on listing next year considering inflation, weakening shs and forthcoming elections. What do members forecast for this stock? sub 2 never!!I foresee an introductory price of 7....65% of the shares are not tradable so the float wil be smal.This means a very tight supply thus the high price
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Serious talk...without doing research how do you compare CIC to TCL??? Time we moved away from Facebook updates to serious talk...to me CIC is the best insurance company in Kenya right now..note I didnt say bigger or large so don't compare it to Jubilee..whats going to happen is there will be a 20:1 split before listing so share likely to list at Sh8...so anybody selling at Sh70 is loosing
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Rank: Elder Joined: 12/4/2009 Posts: 10,810 Location: NAIROBI
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At an introductory price of 8 that will be over-valuing the company considering that it now has an authorised share capital of 3 billion shares Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,810 Location: NAIROBI
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That will be valuing the company at 24 billion yet its assets are a third of that. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,810 Location: NAIROBI
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The person selling 2000 CIC shares at 80 should change the title to 2000 CIV shares at 4bob to reflect the share split Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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Ericsson wrote:At an introductory price of 8 that will be over-valuing the company considering that it now has an authorised share capital of 3 billion shares
only a fraction is fully paid and taken
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2000 CIC SHARES@80
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