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Buy CIC insurance
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streetwise
#51 Posted : Monday, November 03, 2014 5:53:29 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Tuende Kazi
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Ericsson
#52 Posted : Monday, November 10, 2014 12:01:15 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,810
Location: NAIROBI
The company has now restructured its departments and now has 4 divisions;
General insurance
Life Assurance
Asset management
Medical Insurance
Each with its own MD and reporting to deputy group ceo
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Akenyan2014
#53 Posted : Monday, November 10, 2014 4:37:07 AM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
Ericsson wrote:
The company has now restructured its departments and now has 4 divisions;
General insurance
Life Assurance
Asset management
Medical Insurance
Each with its own MD and reporting to deputy group ceo


Are they planning to re-brand? NSE is strange such that an expense like reb-randing seems to help the share price
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Ericsson
#54 Posted : Monday, November 10, 2014 9:04:17 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,810
Location: NAIROBI
@Akenyan2014
As for rebranding have no idea
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#55 Posted : Thursday, November 13, 2014 7:26:27 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,810
Location: NAIROBI
Just sneaked and checked the Q3 results for CIC.They are impressive and they made profits of 1.75 times (in the 3 months July 1 to September 30) of what they made in the first half.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Boris Boyka
#56 Posted : Thursday, November 13, 2014 7:41:27 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
Ericsson wrote:
Just sneaked and checked the Q3 results for CIC.They are impressive and they made profits of 1.75 times (in the 3 months July 1 to September 30) of what they made in the first half.

be courageous like @obiero and give figures. if they tally we applaud you if not we give you benefit of doubt. Nway let the party begin.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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yosie14
#57 Posted : Thursday, November 13, 2014 9:52:51 PM
Rank: Member

Joined: 12/17/2013
Posts: 118
Ericsson wrote:
Just sneaked and checked the Q3 results for CIC.They are impressive and they made profits of 1.75 times (in the 3 months July 1 to September 30) of what they made in the first half.


Are sure of what u r saying?How I wish u r!!!!!!!!!!!!!!!Pray
KCB,NMG,PAFR
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Ericsson
#58 Posted : Thursday, November 13, 2014 10:53:52 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,810
Location: NAIROBI
@Boris Byoka and yosie14;
If you are doubting what am saying here is another source.
if you look at co-operative banks Q3 results the share of associate profit and compare with Q2 you will get as follows;
In Q2 or half year the share of associate profits was ksh.27.5mn while in Q3 the share of associate profits has jumped to sh.74.5mn.
CIC in half year 2014 made a profit after tax of ksh.138mn.
Now fill in the gap (alama ya duku duku) to gauge the 9 months profit
Associate company for coop is normally CIC.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Boris Boyka
#59 Posted : Thursday, November 13, 2014 11:08:55 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
Ericsson wrote:
@Boris Byoka and yosie14;
If you are doubting what am saying here is another source.
if you look at co-operative banks Q3 results the share of associate profit and compare with Q2 you will get as follows;
In Q2 or half year the share of associate profits was ksh.27.5mn while in Q3 the share of associate profits has jumped to sh.74.5mn.
CIC in half year 2014 made a profit after tax of ksh.138mn.
Now fill in the gap (alama ya duku duku) to gauge the 9 months profit
Associate company for coop is normally CIC.

Now you're talking. Not that I doubt you but wanted you to speak out in confidence ndio watu wajue there's money to be made here.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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hisah
#60 Posted : Friday, November 14, 2014 8:57:22 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Ericsson wrote:
@Boris Byoka and yosie14;
If you are doubting what am saying here is another source.
if you look at co-operative banks Q3 results the share of associate profit and compare with Q2 you will get as follows;
In Q2 or half year the share of associate profits was ksh.27.5mn while in Q3 the share of associate profits has jumped to sh.74.5mn.
CIC in half year 2014 made a profit after tax of ksh.138mn.
Now fill in the gap (alama ya duku duku) to gauge the 9 months profit
Associate company for coop is normally CIC.

What % of its profit does CIC pay to Co-op?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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