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CIC Insurance 1H16
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VituVingiSana
#41 Posted : Sunday, January 29, 2017 11:20:32 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Ericsson wrote:
bartum wrote:
Ericsson wrote:
Clean up inaendelea
This should be the ICEALION of NSE in the insurance sector

Whats wrong with ICEA LION


ICEALION has nothing wrong with it.
However its professionally run with no shady deals and inflating profits
How do you know? [Does it publish its AR for the public to scrutinize?] BTW, CIC is also on my Bandia Firms list!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Flo-ology
#42 Posted : Monday, January 30, 2017 7:49:41 AM
Rank: Member

Joined: 12/17/2016
Posts: 225
VituVingiSana wrote:
Ericsson wrote:
bartum wrote:
Ericsson wrote:
Clean up inaendelea
This should be the ICEALION of NSE in the insurance sector

Whats wrong with ICEA LION


ICEALION has nothing wrong with it.
However its professionally run with no shady deals and inflating profits
How do you know? [Does it publish its AR for the public to scrutinize?] BTW, CIC is also on my Bandia Firms list!

@vituvingisana; ICEALION is as professionally run as NIC.The two firms have strong governance structures hard wired in their operations. CIC lacks this. In the past CIC has been plagued with scandals and it seems nothing much has changed.
Reflection Eternal
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mlennyma
#43 Posted : Tuesday, January 31, 2017 12:14:39 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
The slaughter house is wide open
"Don't let the fear of losing be greater than the excitement of winning."
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Spikes
#44 Posted : Tuesday, January 31, 2017 12:17:05 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
mlennyma wrote:
The slaughter house is wide open



Did you bailout before slaughter? Or umekaa ngumu waiting to be wiped out and you can't even be resurrected?
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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  | | Edit by user: Tuesday, January 31, 2017 12:18 PM | Reason: Not specified
wukan
#45 Posted : Tuesday, January 31, 2017 12:18:48 PM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,654
In the trading world we would say CIC is stuck in a long squeeze
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mlennyma
#46 Posted : Tuesday, January 31, 2017 12:24:17 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Spikes wrote:
mlennyma wrote:
The slaughter house is wide open



Did you bailout before slaughter? Or umekaa ngumu waiting to be wiped out and you can't even be resurrected?

when you are near the ground there is nowhere further you can fall to.
"Don't let the fear of losing be greater than the excitement of winning."
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littledove
#47 Posted : Tuesday, January 31, 2017 12:31:38 PM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
mlennyma wrote:
Spikes wrote:
mlennyma wrote:
The slaughter house is wide open



Did you bailout before slaughter? Or umekaa ngumu waiting to be wiped out and you can't even be resurrected?

when you are near the ground there is nowhere further you can fall to.

i have been buying this one at around 3.60, i didnt see profit warning coming!

There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Spikes
#48 Posted : Tuesday, January 31, 2017 1:15:10 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
mlennyma wrote:
Spikes wrote:
mlennyma wrote:
The slaughter house is wide open



Did you bailout before slaughter? Or umekaa ngumu waiting to be wiped out and you can't even be resurrected?

when you are near the ground there is nowhere further you can fall to.



And the ground in NSE is zero which can't print when speaking in monetary terms but the lowest price being 0.05 shs. In Moi era language 5 cents....
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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  | | Edit by user: Tuesday, January 31, 2017 1:16 PM | Reason: Not specified
heri
#49 Posted : Wednesday, February 01, 2017 7:46:04 AM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
littledove wrote:
mlennyma wrote:
Spikes wrote:
mlennyma wrote:
The slaughter house is wide open



Did you bailout before slaughter? Or umekaa ngumu waiting to be wiped out and you can't even be resurrected?

when you are near the ground there is nowhere further you can fall to.

i have been buying this one at around 3.60, i didnt see profit warning coming!



I bought at 4 bob. Already 20% down
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Ericsson
#50 Posted : Wednesday, February 01, 2017 8:04:21 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
It will rise again.
Now they are shifting their money yo government securities to benefit from the interest
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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