Wazua
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CFC STANBIC HOLDINGS SPIN OFF PLANS
Rank: New-farer Joined: 5/23/2010 Posts: 95 Location: Tikrit - IRAQ
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....found this quite interesting. http://www.corporate-spi...finition/definitions.htm...We do it for the $$$$!!
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Rank: Veteran Joined: 7/24/2008 Posts: 781
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Most spin offs end up being ten baggers...lets wait patiently. The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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@ sheep - Lakini this merger has been a disaster for most 'old' CFC shareholders! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: New-farer Joined: 5/23/2010 Posts: 95 Location: Tikrit - IRAQ
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A research done on US companies who announced a spin off showed 95% of the companys shares gainin prices . . . . . . Cfc holdings being the first spin off in the NSE might bring sum gud news. . . .hopefully ...We do it for the $$$$!!
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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@trizher
True - CFC is headed to 100. When the 1st half results are announced we should be there.
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Rank: New-farer Joined: 5/23/2010 Posts: 95 Location: Tikrit - IRAQ
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@ Pkoli 74. . .seems its goin to go far. Whats the actual price of this stock? . M tempted ...We do it for the $$$$!!
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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trizher wrote:@ Pkoli
74. . .seems its goin to go far.
Whats the actual price of this stock? . M tempted What do you mean by "actual price". Isn't it 74 now? Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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@Trizher,
Of course today it is trading at at highest price. I think true price should be in the order 115-120. Keep your fingures crossed.
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Rank: New-farer Joined: 5/23/2010 Posts: 95 Location: Tikrit - IRAQ
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@ mukiha m asking the kawaida price of the stock. Help out a sister b4 aungue. ...We do it for the $$$$!!
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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Well... let's see what happens after the Insurance Firm is listed. You have to add the two together... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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CFC STANBIC HOLDINGS SPIN OFF PLANS
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