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CIC Insurance FY 2017
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Ericsson
#1 Posted : Thursday, March 15, 2018 11:13:57 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Profit before tax of sh.519.2mn versus 114.4mn in 2016
Net earned premiums at ksh.12.1bn
First and final dividend of sh.0.12
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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  | | Edit by moderator: Thursday, May 03, 2018 3:43 PM | Reason: title case
Chaka
#2 Posted : Thursday, March 15, 2018 1:51:55 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
Last year dividend was 0.105 and before that 0.10..
Ericsson wrote:
Profit before tax of sh.519.2mn versus 114.4mn in 2016
Net earned premiums at ksh.12.1bn
First and final dividend of sh.0.12
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mlennyma
#3 Posted : Thursday, March 15, 2018 2:57:59 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Chaka wrote:
Last year dividend was 0.105 and before that 0.10..
Ericsson wrote:
Profit before tax of sh.519.2mn versus 114.4mn in 2016
Net earned premiums at ksh.12.1bn
First and final dividend of sh.0.12


so why no rally?
"Don't let the fear of losing be greater than the excitement of winning."
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Ericsson
#4 Posted : Thursday, March 15, 2018 5:25:16 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
mlennyma wrote:
Chaka wrote:
Last year dividend was 0.105 and before that 0.10..
Ericsson wrote:
Profit before tax of sh.519.2mn versus 114.4mn in 2016
Net earned premiums at ksh.12.1bn
First and final dividend of sh.0.12


so why no rally?


If you didn't board while at sh.4 umechelewa.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Realtreaty
#5 Posted : Thursday, March 15, 2018 9:21:06 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,386
Ericsson wrote:
Profit before tax of sh.519.2mn versus 114.4mn in 2016
Net earned premiums at ksh.12.1bn
First and final dividend of sh.0.12

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
For every 100 shares you get 12 Kesd'oh! d'oh! d'oh! d'oh!
Hii ni kama Mumias...inataka wale wanamangunia ya shares
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Ebenyo
#6 Posted : Friday, March 16, 2018 7:54:57 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Chaka wrote:
Last year dividend was 0.105 and before that 0.10..
Ericsson wrote:
Profit before tax of sh.519.2mn versus 114.4mn in 2016
Net earned premiums at ksh.12.1bn
First and final dividend of sh.0.12




wale wanahama KENRE waingie CIC.
Towards the goal of financial freedom
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Ericsson
#7 Posted : Friday, March 16, 2018 10:06:37 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Dividend yield is at 2.18%.
This share makes sense to those who bought at sh.4 and below.
The dividend payout ratio though is good at 65% of after tax profits
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Horton
#8 Posted : Friday, March 16, 2018 10:17:35 AM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Ericsson wrote:
Dividend yield is at 2.18%.
This share makes sense to those who bought at sh.4 and below.
The dividend payout ratio though is good at 65% of after tax profits



Good call Ericsson. What else are you holding besides CIC & KCB?
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Ericsson
#9 Posted : Friday, March 16, 2018 10:28:56 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Horton wrote:
Ericsson wrote:
Dividend yield is at 2.18%.
This share makes sense to those who bought at sh.4 and below.
The dividend payout ratio though is good at 65% of after tax profits



Good call Ericsson. What else are you holding besides CIC & KCB?

Safaricom
Coop
Kengen
Kenya Re
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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  | | Edit by user: Friday, March 16, 2018 10:46 AM | Reason: Not specified
Ericsson
#10 Posted : Tuesday, March 27, 2018 4:08:10 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.businessdail...9726-aqr76tz/index.html

CIC Insurance stock is unappealing to investors due to high exposure to claims and a low return on equity despite having just reported a 154-per cent jump in 2017 full-year profit, researchers at Genghis Capital say.

The company has recommended the payment of a dividend and its net premiums as well as investment income rose, but analysts expect its price to come down by almost half.

In the five days to last Thursday, just after the release of its results, the price has fallen 2.7 per cent to stand at Sh5.45.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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