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Co-op Bank owns 30% of CIC Insurance
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Ericsson
#1 Posted : Thursday, February 09, 2012 3:49:23 PM
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Joined: 12/4/2009
Posts: 10,790
Location: NAIROBI
Now that the bank is the single largest shareholder of CIC this bank is going places and has a good future with the synergies involved between the two.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Simplified
#2 Posted : Thursday, February 09, 2012 5:00:17 PM
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Joined: 11/26/2009
Posts: 67
Location: Pare pare
With a low of 11.50 today, am hoping to pick it tomorrow if it maintains this decline.
Hug the bear....ride the bull.....di$mount!!!
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maligumu
#3 Posted : Friday, February 10, 2012 9:59:10 AM
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Joined: 2/22/2010
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This bank has a bright future . Its a good bet in the longterm but for the time being the rights issue is slowing the stock .
Peace be with you
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bartum
#4 Posted : Friday, February 10, 2012 1:52:17 PM
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Joined: 8/11/2010
Posts: 1,011
Location: nairobi
Ericsson wrote:
Now that the bank is the single largest shareholder of CIC this bank is going places and has a good future with the synergies involved between the two.

source of your info....link
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jerry
#5 Posted : Friday, February 10, 2012 2:16:42 PM
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Joined: 9/29/2006
Posts: 2,570
maligumu wrote:
This bank has a bright future . Its a good bet in the longterm but for the time being the rights issue is slowing the stock .

When are the rts? I've some I bot at 20.50. I think I should average down-
The opposite of courage is not cowardice, it's conformity.
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Ericsson
#6 Posted : Friday, February 10, 2012 2:40:36 PM
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Joined: 12/4/2009
Posts: 10,790
Location: NAIROBI
Check on the 2011 3rd quarter results for the 30% clarification
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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