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Okonkwo
#271 Posted : Friday, May 13, 2011 12:44:19 PM
Rank: Member

Joined: 1/29/2009
Posts: 85
I also wish to offer on sale some of my CIC shares still in stock for Ksh.150/= (not 300/=) as suggested by some.

This offer is on first come first served. Those in need to give me their email address and/or tel numbers arrange mode of payment.

Thanks & Good weekend
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PKoli
#272 Posted : Friday, May 13, 2011 1:09:23 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
selah wrote:
We had a discussion about companies posting above average results on the year they are about to be listed,I am looking at CIC current results and looking at the graphs trends From 2006 to 2010.The 2010 results seems to be one hell of a year for CIC in terms of growth.

Profit growth 117%
asset growth 88%
Gross premium 58%
Net earned premium 40%

Lets hope there aggressive growth strategy is paying off I would hate to loose money in their upcoming IPO.


@selah

CIC had great results. Now they have money from the placement, they also have a serious board addition in form of Coop bank to enhance their governance. I hope they will also get Coop business. Going forward, we will are likely to see fantastic growth
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PKoli
#273 Posted : Friday, May 13, 2011 1:11:11 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
Okonkwo wrote:
I also wish to offer on sale some of my CIC shares still in stock for Ksh.150/= (not 300/=) as suggested by some.

This offer is on first come first served. Those in need to give me their email address and/or tel numbers arrange mode of payment.

Thanks & Good weekend


@Okonkwo,

That is quite ambitious!
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TUPAC
#274 Posted : Friday, May 13, 2011 2:29:06 PM
Rank: Member

Joined: 12/8/2009
Posts: 274
Location: Ltktk
The directors recommend payment of a first and final dividend of ksh 1.60 per share for all alloted shares.
this means even rights and placement shares will earn a dividend. wmebadilisha from 3.14 ksh to 1.60 ksh.
...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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PKoli
#275 Posted : Friday, May 13, 2011 3:47:24 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
TUPAC wrote:
The directors recommend payment of a first and final dividend of ksh 1.60 per share for all alloted shares.
this means even rights and placement shares will earn a dividend. wmebadilisha from 3.14 ksh to 1.60 ksh.


@TUPAC,

Was that in yesterday's paper? I have the annual account and it says dividends is 3.14 per share.
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TUPAC
#276 Posted : Friday, May 13, 2011 4:14:54 PM
Rank: Member

Joined: 12/8/2009
Posts: 274
Location: Ltktk
PKoli wrote:
TUPAC wrote:
The directors recommend payment of a first and final dividend of ksh 1.60 per share for all alloted shares.
this means even rights and placement shares will earn a dividend. wmebadilisha from 3.14 ksh to 1.60 ksh.


@TUPAC,

Was that in yesterday's paper? I have the annual account and it says dividends is 3.14 per share.

@koli it is in todays daily nation pg 39. its in their advert on statement of accounts.
...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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PKoli
#277 Posted : Friday, May 13, 2011 4:39:42 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
TUPAC wrote:
PKoli wrote:
TUPAC wrote:
The directors recommend payment of a first and final dividend of ksh 1.60 per share for all alloted shares.
this means even rights and placement shares will earn a dividend. wmebadilisha from 3.14 ksh to 1.60 ksh.


@TUPAC,

Was that in yesterday's paper? I have the annual account and it says dividends is 3.14 per share.

@koli it is in todays daily nation pg 39. its in their advert on statement of accounts.


Many thanks, I have the paper but not openned inside?
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jerry
#278 Posted : Friday, May 13, 2011 4:42:16 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
PKoli wrote:
TUPAC wrote:
The directors recommend payment of a first and final dividend of ksh 1.60 per share for all alloted shares.
this means even rights and placement shares will earn a dividend. wmebadilisha from 3.14 ksh to 1.60 ksh.


@TUPAC,

Was that in yesterday's paper? I have the annual account and it says dividends is 3.14 per share.

=>We shall know the truth morrow or within 18hrs.
The opposite of courage is not cowardice, it's conformity.
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Hunderwear
#279 Posted : Friday, May 13, 2011 5:53:20 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
It's only fair to do this.It was a commitment they made during the rights issue.If it's the case the directors of the company just earned an xtra mark from me.
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PKoli
#280 Posted : Saturday, May 14, 2011 12:01:25 AM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
jerry wrote:
PKoli wrote:
TUPAC wrote:
The directors recommend payment of a first and final dividend of ksh 1.60 per share for all alloted shares.
this means even rights and placement shares will earn a dividend. wmebadilisha from 3.14 ksh to 1.60 ksh.


@TUPAC,

Was that in yesterday's paper? I have the annual account and it says dividends is 3.14 per share.

=>We shall know the truth morrow or within 18hrs.


I saw it after being directed to the page by TUPAC. I hope a number of Wazuans will be attending the AGM. I will attend.
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