@PKoli, you appear to be the most knowledgeable/active Wazuan regarding matters CIC. Could you kindly post for us the salient figures/ratios for CIC? This will enable us make an objective valuation of CIC versus the listed insurance companies.
I have in mind the NAV; EPS; Div Yield; growth rates in Net Premium income, Investment Income (if possible give a breakdown between realised gains and those attributed to gains in fair value on financial assets through P&L) and the overall growth in profitability. Kindly use the number of shares issued (post the rights issue assuming all those who asked for extra shares are alloted). This will provide a good view of the effect of the anticipated dilution.
Thanks is advance.
PKoli wrote:I think for along time CIC was used to dealing with Saccos. It was a lot easier to communicate with few sacco officials; they now have to revamp their Corporate Communications department to deal with us, ordinary shareholders.