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CIC Group FY2014 results EPS down by 28%
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The optimist
#1 Posted : Friday, March 13, 2015 4:15:27 AM
Rank: Member

Joined: 6/14/2010
Posts: 521
Location: Nairobi
CIC Group 2014 EPS down by 28%




Dividends 10 cents
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  | | Edit by moderator: Friday, March 13, 2015 9:57 AM | Reason: title clarified
holycow
#2 Posted : Friday, March 13, 2015 6:56:56 AM
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Joined: 11/11/2006
Posts: 972
Location: Home
Seems a profit warning was almost in the offing.
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Kausha
#3 Posted : Friday, March 13, 2015 7:21:18 AM
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Joined: 2/8/2007
Posts: 808
There should have been a profit warning. This is more than 25pct. Not suprised by the dip in performance.
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Gatheuzi
#4 Posted : Friday, March 13, 2015 7:25:56 AM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
That Medical insurance business was the culprit.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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streetwise
#5 Posted : Friday, March 13, 2015 7:26:32 AM
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Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Not suprised at all but anyway...I ate
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jomari78
#6 Posted : Friday, March 13, 2015 7:29:41 AM
Rank: New-farer

Joined: 11/24/2013
Posts: 14
No wonder the share price took a beating yesterday.
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whiteowl
#7 Posted : Friday, March 13, 2015 7:34:17 AM
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Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
Do we still have that meager fine for failing to issue a profit warning?
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Gatheuzi
#8 Posted : Friday, March 13, 2015 7:37:51 AM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
43% growth in policyholder's claims more than knocked down the 35% growth in net earned premiums.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Pesa Nane
#9 Posted : Friday, March 13, 2015 7:41:15 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Kausha wrote:
There should have been a profit warning. This is more than 25pct. Not suprised by the dip in performance.

Not really. Just about a 17% drop.
Pesa Nane plans to be shilingi when he grows up.
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Pesa Nane
#10 Posted : Friday, March 13, 2015 7:47:57 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
The optimist wrote:

Dividends 10 cents


Your 10 Cents will be paid 19 June 2015. Register closes 20 May 2015
Pesa Nane plans to be shilingi when he grows up.
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