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Rank: Member Joined: 2/8/2007 Posts: 808
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@erickson unless from revaluation of the isinya land i dont see how cic is making the profits you are talking about.
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Rank: Chief Joined: 1/3/2007 Posts: 18,361 Location: Nairobi
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Kausha wrote:@erickson unless from revaluation of the isinya land i dont see how cic is making the profits you are talking about. Smoke and Mirrors. Too bad we can't short on the NSE. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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CIC rises to third-largest
insurance firmIs this what @ericsson is pointing out? $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 2/8/2007 Posts: 808
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This does not necessarily translate to profitability. Going by the speed of growth, it certainly came from private motor and medical insurance- two dog classes in insurance.
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Rank: Chief Joined: 1/3/2007 Posts: 18,361 Location: Nairobi
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Kausha wrote:This does not necessarily translate to profitability. Going by the speed of growth, it certainly came from private motor and medical insurance- two dog classes in insurance. Turnover is Vanity Profit is Sanity Cashflow is Reality Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 5/6/2014 Posts: 268 Location: Nairobi, Kenya
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VituVingiSana wrote:Kausha wrote:This does not necessarily translate to profitability. Going by the speed of growth, it certainly came from private motor and medical insurance- two dog classes in insurance. Turnover is Vanity Profit is Sanity Cashflow is Reality 
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Rank: Member Joined: 5/6/2014 Posts: 268 Location: Nairobi, Kenya
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Akenyan2014 wrote:VituVingiSana wrote:Kausha wrote:This does not necessarily translate to profitability. Going by the speed of growth, it certainly came from private motor and medical insurance- two dog classes in insurance. Turnover is Vanity Profit is Sanity Cashflow is Reality 1204900 shares @ 9.2 in a single trade few minutes ago. harafu ...
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Rank: Member Joined: 3/15/2009 Posts: 362
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VituVingiSana wrote:Kausha wrote:This does not necessarily translate to profitability. Going by the speed of growth, it certainly came from private motor and medical insurance- two dog classes in insurance. Turnover is Vanity Profit is Sanity Cashflow is Reality its medical and some hospitals are now rejecting cic card holders due to long settlement periods, cashflow issue?
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Rank: Member Joined: 1/10/2015 Posts: 411
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http://www.businessdaily.../-/114v5h4z/-/index.htmlYour income is directly related to your philosophy, Not the economy.-Jim Rohn
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Reclaiming 10/- handle with results coming in a few weeks time....hopping to touch 13/- with better results. @Ericcson;the Insurance Guru sema kitu. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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