wazua Tue, Mar 24, 2026
Welcome Guest Search | Active Topics | Log In

6 Pages123>»
buying CIC at kes 38
bartum
#1 Posted : Wednesday, August 11, 2010 9:01:52 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
onces upon a time i was selling some coop to some members at good old SK. Now who know where i can get CIC at bet 38 -40
PKoli
#2 Posted : Thursday, August 12, 2010 11:01:54 AM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
bartum wrote:
onces upon a time i was selling some coop to some members at good old SK. Now who know where i can get CIC at bet 38 -40


You will never get the share at that price. I got some at 30 early this year and ever since they have become scarse. A growth company with eps going for a price of 38, pe of about 3 forward pe of 2!
bartum
#3 Posted : Thursday, August 12, 2010 11:07:57 AM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
PKoli wrote:
bartum wrote:
onces upon a time i was selling some coop to some members at good old SK. Now who know where i can get CIC at bet 38 -40


You will never get the share at that price. I got some at 30 early this year and ever since they have become scarse. A growth company with eps going for a price of 38, pe of about 3 forward pe of 2!

where did you get yours,is it through a broker. what is the market price.
PKoli
#4 Posted : Thursday, August 12, 2010 11:21:05 AM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
bartum wrote:
PKoli wrote:
bartum wrote:
onces upon a time i was selling some coop to some members at good old SK. Now who know where i can get CIC at bet 38 -40


You will never get the share at that price. I got some at 30 early this year and ever since they have become scarse. A growth company with eps going for a price of 38, pe of about 3 forward pe of 2!

where did you get yours,is it through a broker. what is the market price.


I got them at Suntra. There is no market price since the whole business is certficate. Sellers would come in with prices of 30, 28, 36 etc. All depends on how sellers are informed.
bartum
#5 Posted : Thursday, August 12, 2010 11:32:46 AM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
PKoli wrote:
bartum wrote:
PKoli wrote:
bartum wrote:
onces upon a time i was selling some coop to some members at good old SK. Now who know where i can get CIC at bet 38 -40


You will never get the share at that price. I got some at 30 early this year and ever since they have become scarse. A growth company with eps going for a price of 38, pe of about 3 forward pe of 2!

where did you get yours,is it through a broker. what is the market price.


I got them at Suntra. There is no market price since the whole business is certficate. Sellers would come in with prices of 30, 28, 36 etc. All depends on how sellers are informed.

pkoli.
do you have telephone number for those fellow at suntra . iam slight far. assist a brother.
PKoli
#6 Posted : Thursday, August 12, 2010 11:35:25 AM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
bartum wrote:
PKoli wrote:
bartum wrote:
PKoli wrote:
bartum wrote:
onces upon a time i was selling some coop to some members at good old SK. Now who know where i can get CIC at bet 38 -40


You will never get the share at that price. I got some at 30 early this year and ever since they have become scarse. A growth company with eps going for a price of 38, pe of about 3 forward pe of 2!

where did you get yours,is it through a broker. what is the market price.


I got them at Suntra. There is no market price since the whole business is certficate. Sellers would come in with prices of 30, 28, 36 etc. All depends on how sellers are informed.

pkoli.
do you have telephone number for those fellow at suntra . iam slight far. assist a brother.


+25420 287 0130 - Ask for people dealing with OTC securities
PKoli
#7 Posted : Tuesday, August 17, 2010 4:19:40 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
This might have eluded us today. I never read the paper in the morning and so missed out. I have been wondering why CiC has been alot of marketing lately. From posters to newspapers, they have been having fantastic marketing. I now know why;

In today's papers, they have announced an EGM on September 17th to discuss among other issues:

1. Demerger of life and general business
2. Change of name and conversion
3. Increase of share capital..That the authorised share capital of the company be increased from KES 600M to KES 1000M divided into 50M shares of KES 20 each by creation of 20M ordinary shares of KES 20.
4. That the Board be hereby authorised to issue and allot the unissued share capital of the Company to the existing Class B shareholders and to new shareholders at such a price and such terms as they deem most beneficial to the Company.

Sorry I was not reading online, could have provided the link.

So pals, there you are for those of you who have been eyeing the share, here is the opportunity.

Any thoughts?


youcan'tstopusnow
#8 Posted : Tuesday, August 17, 2010 4:30:22 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
PKoli, do these guys have any intentions of listing soon?
GOD BLESS YOUR LIFE
PKoli
#9 Posted : Tuesday, August 17, 2010 4:34:38 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
youcan'tstopusnow wrote:
PKoli, do these guys have any intentions of listing?



That must be in the offing. Remember Class A shareholders (Cooperative saccos) are the once that forced Coop Bank to list. I think they are the once putting pressure on CiC to do the same. CiC wants to finalize the demerger issue first. I believe next year is the opportune time.
bartum
#10 Posted : Tuesday, August 17, 2010 4:45:08 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
will this 20M new shares be issued as rights or to be sold to the public at kes 20
6 Pages123>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.