CBL Insurance IPO

[suse]

No buyers out there for CBL so how can this share grow????

[BlackPeter]

Never buy shares with the intention to sell them. Buy them with the intention to make money from them doing business.

Just watch them ratcheting up their revenues and margins, as they did in the past. The buyers will come from alone.

But yes, CBL is not a traders share. Low liquidity. This is a share for investors.

[JoeGrogan]

Irish acquisition, should add more strength to the European side of the business.

https://www.nzx.com/companies/CBL/announcements/303823

[sb9]

Irish acquisition, should add more strength to the European side of the business.

https://www.nzx.com/companies/CBL/announcements/303823

Good buying today with decent volume too, picked up small parcel last week on the back of that announcement.

[JoeGrogan]

Good buying today with decent volume too, picked up small parcel last week on the back of that announcement.

Very nice to see some buyers popping up in the depth today was looking pretty bleak a couple weeks ago. I too added to my somewhat smallish holding after that announcement, hopefully the buyers stick around and we get on a nice run leading up until HY.

[sb9]

Very nice to see some buyers popping up in the depth today was looking pretty bleak a couple weeks ago. I too added to my somewhat smallish holding after that announcement, hopefully the buyers stick around and we get on a nice run leading up until HY.

Yes, looking really good...big volume crossing...

1

18

2:59:05 pm

345

1,000,000

$3,450,000

Off Market

[kiora]

Through MA 200

[JoeGrogan]

Breaking out to a higher high, although on little volume today, charts starting to look healthier too.

[sb9]

Breaking out to a higher high, although on little volume today, charts starting to look healthier too.

It appears that market is pricing in a good HY result and some keen punters wanted to get in going by the big crossing the other day. Surprised to see how quickly it moved up over last few trading days...

[JoeGrogan]

It appears that market is pricing in a good HY result and some keen punters wanted to get in going by the big crossing the other day. Surprised to see how quickly it moved up over last few trading days...

Totally agree