Rank: Veteran Joined: 11/20/2009 Posts: 1,402
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from CIC twitter.."Hi , in light of recent events, we await confirmation on the listing date. We shall keep you informed. #CM
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Hunderwear wrote: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 Maybe you could be right with this one. Since I'm not on the ground. I was snooping on their FB page and came across this.
https://www.facebook.com...e/posts/344944882241478
Quote:CIC Group is constantly developing innovative products that meet the customers needs which has resulted in our immense growth. The 1st Quater Results in 2012 show 29% growth in Net earned Premium.
If they can maintain that momentum through out the remaining 2012 qtrs, then this could be another equity! But how are they managing this with the current high interest regime. KE market is bizarre aka peculiar MJ statement...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 12/4/2009 Posts: 10,815 Location: NAIROBI
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Is the CIC Insurance introduction by listing on Tuesday.The adverts in the radio stations say it is on Tuesday Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 11/20/2009 Posts: 1,402
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From CIC twitter
CIC Insurance Group @CICInsurance
BREAKING NEWS! CIC Insurance Group NSE Listing confirmed for 19th July 2012. #VM
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8:18 AM - 15 Jun 12 via Facebook · Details
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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QW25091985 wrote:yep listing is on 19th ! I am a little confused; such useful info should be at the CIC website
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Rank: Member Joined: 7/17/2008 Posts: 152
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Muheani wrote:From CIC twitter
CIC Insurance Group @CICInsurance
BREAKING NEWS! CIC Insurance Group NSE Listing confirmed for 19th July 2012. #VM
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8:18 AM - 15 Jun 12 via Facebook · Details
Do you mean next week or there is no typo?
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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luxel wrote:Muheani wrote:From CIC twitter
CIC Insurance Group @CICInsurance
BREAKING NEWS! CIC Insurance Group NSE Listing confirmed for 19th July 2012. #VM
Do you mean next week or there is no typo? July 19 2012 as per this tweet - https://twitter.com/CICI...atus/213500635386093568 $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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This counter scores F when it comes to communication 
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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mwekez@ji wrote:This counter scores F when it comes to communication I will not give them an F, since they post some bit of info on their website. They have been poor when it comes to communication to do with listing.
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