Rank: Elder Joined: 2/10/2007 Posts: 1,587
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bird_man wrote:@Hunderwear,
When will the electronic shares be credited to your CDS?Will you be able to trade on the opening day? If you gave out your share certificate to the broker for immobilization, give it about 1-2 weeks, your shares will in CDS. Then you will be able to trade on day 1
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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PKoli wrote:bird_man wrote:@Hunderwear,
When will the electronic shares be credited to your CDS?Will you be able to trade on the opening day? If you gave out your share certificate to the broker for immobilization, give it about 1-2 weeks, your shares will in CDS. Then you will be able to trade on day 1 that means I'm late if I wanted to trade on 1st day. I'll present the cert to my broker on Mon although listing on 19th is still a rumour. The opposite of courage is not cowardice, it's conformity.
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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bird_man wrote:Good company,good results....but very poor in communication & media hype. kizuri chajiuza,kibaya chajitembeza.
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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bartum wrote:bird_man wrote:Good company,good results....but very poor in communication & media hype. kizuri chajiuza,kibaya chajitembeza. Listing in a week's time and no IM and you talk of 'kizuri . . . '? The opposite of courage is not cowardice, it's conformity.
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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jerry wrote:bartum wrote:bird_man wrote:Good company,good results....but very poor in communication & media hype. kizuri chajiuza,kibaya chajitembeza. Listing in a week's time and no IM and you talk of 'kizuri . . . '? follw cic on twitter you willget the IM
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Rank: Member Joined: 4/14/2011 Posts: 639
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bartum wrote:jerry wrote:bartum wrote:bird_man wrote:Good company,good results....but very poor in communication & media hype. kizuri chajiuza,kibaya chajitembeza. Listing in a week's time and no IM and you talk of 'kizuri . . . '? follw cic on twitter you willget the IM Off to twira
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Hunderwear wrote:bartum wrote:jerry wrote:bartum wrote:bird_man wrote:Good company,good results....but very poor in communication & media hype. kizuri chajiuza,kibaya chajitembeza. Listing in a week's time and no IM and you talk of 'kizuri . . . '? follw cic on twitter you willget the IM Off to twira and why does cic have a website. n'way, i'll also follow them
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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QW25091985 wrote:mwekez@ji wrote:Underwriters cash in on mounting political anxiety with cover against political violence, terrorism and sabotage . http://www.standardmedia.co.ke/...ng%20political%20anxietyThat is, Jubilee Insurance, Kenya Orient Insurance Ltd, Africa Trade Insurance Agency (ATI), UAP Insurance, and APA Insurance Company and Cannon Assurance Where is CIC? also General Accident are doing roaring business!. GA is a sister to I&M Bank. These 2 fine companies should list
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Somebody post the IM on wazua Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 4/14/2011 Posts: 639
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It is not yet out,it will be posted.they told me they will post it on their webste.With only a week left!!!!!!!!!!!!...........from twira
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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Hunderwear wrote:It is not yet out,it will be posted.they told me they will post it on their webste.With only a week left!!!!!!!!!!!!...........from twira Has anyone talked to the CIC guys at Upper Hill?
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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PKoli wrote:Hunderwear wrote:It is not yet out,it will be posted.they told me they will post it on their webste.With only a week left!!!!!!!!!!!!...........from twira Has anyone talked to the CIC guys at Upper Hill? Is the listing on 19th irrevocable? The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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CIC is now very active on twitter pertaining the listing. The opposite of courage is not cowardice, it's conformity.
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Rank: Bona-fide Joined: 11/2/2011 Posts: 191 Location: Nairobi
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Listing offer price at 3.50 (8% discount of average 6 month OTC price of 3.80). About IM still not yet done!! Good company though; really good numbers! Follow us on Twitter @genghiscapital
“Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected.” Steve Jobs,iGenius
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Rank: Member Joined: 5/8/2008 Posts: 20
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It seems we have to wait a little bit longer for the listing  http://www.businessdailyafrica.com/CIC+Insurance+cancels+listing+date++posts+rise+in+profit+/-/539552/1425436/-/gelypdz/-/index.htmlBut I fully understand the situation. We (I) shall wait 4 u dear........CIC!
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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GenghisCapitalLtd wrote:Good company though; really good numbers! @genghis what is the basis of these assertions?? What other insurance companies have you compared CIC to?? Mark 12:29
Deuteronomy 4:16
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Rank: Member Joined: 4/14/2011 Posts: 639
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e_kijana wrote:from Co-op Q1 results:
Share of profits from associate - CIC in Q1 is at a Massive Ksh 121M
Considering that Co-op owns ~26% of CIC, It means that CIC Q1 profits is Ksh 465M. They have achieved in Q1 slightly more that half what they achieved in 4 quarters OF 2011. This will be a muscular yar for CIC!! C P from http://www.businessdaily.../-/gelypdz/-/index.html
CIC Insurance on Monday announced a 47 per cent increase in net profit for the first three months of 2012 ahead of the planned listing at the Nairobi Securities Exchange (NSE). The insurer earned Sh457 million net profit from Sh320 million in the first quarter of 2011, which was driven by an increase in revenues to Sh2.36 billion from Sh1.84 billion.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Listing postponed, but huge Q1 2012 profits! I'm usually skeptical of listings done after rosy results... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 4/14/2011 Posts: 639
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hisah wrote:Listing postponed, but huge Q1 2012 profits! I'm usually skeptical of listings done after rosy results... Me too but with cic aint worried abit...reason they have been sitting on all the cash they raised in the rights issue and I expected a huge profit last year which didnt happen so this year should be huge enough otherwise the funds raised make no sense
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Rank: Member Joined: 1/17/2009 Posts: 55
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Confusion galore... I read the BD article and was asking myself why Faida's (transaction advisor) head of research would be announcing this as if CIC doesnt have a PR department. In any case if this resposibility had actually been ceded to Faida (which I highly doubt), The head of research is the least qualified person to announce - this is a geek, completely out of his waters here.
Faida is out of its league considering CIC MD had an investor briefing and did not mention this.
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