For those who already have shares in CCNN

[alanbow]

Shareholders approve CCNNs N2b rights issue

see full article at

http://www.proshareng.com/myproshare...ws.php?id=2344

[Dis GuY]

I am thinking of buying CCNN is this a good sign or what?

[Avocado]

Dis Guy: well, this isn't a bad sign at all, combined with "other" news. But, as always, investment is risk; nothing positive is certain.

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[kaymoney]

Looks like the ban on the importation of cement is really paying off for the indigeneous companies but what is happening to Niger cement PLC.They seems to be on the same spot.I wonder why they are not taking advantage of this development.Does anybody have any information concerning this company?

[dotunk]

when is this offer opening? can i still buyinto the company before the rights issue?

[nuhmah]

ccnn is a good buy,infact by my analysis the sudden rise in its share is an attempt by foreign partners and their cabale to lure in profit takers to sell off . the right issue is aim at repairing the generating set which is the biggeswt problem of the plant . i can bet by first quarter of next year their price will rise above N65 no doubt.

[Avocado]

nuhmah: nice prophecy, eh. Nice prophecy. But facts're helpful too.

dotunk: not a bad time to take a position, really.

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