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CIC in 2 years
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jawgey
#1 Posted : Thursday, February 20, 2014 9:39:09 AM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
where will CIC be headed in the next two years? Will it achieve the feats experienced by the likes of Pan Africa and Jubilee?? Anyone with that vision?Pray
Seeing is believing
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Realtreaty
#2 Posted : Thursday, February 20, 2014 10:37:51 AM
Rank: Elder

Joined: 8/16/2011
Posts: 2,387
Two years means a longhaul and you are playing settling games. We would not predict two years given that it is a well capitalised stock that is very liquid and has alot of step brothers. CIC will always go playing with step brothers and if they are injured he will as well go home limping.I predict past 15 Kes as brothers are young and sharp shooting.
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jawgey
#3 Posted : Thursday, February 20, 2014 11:03:43 AM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
Realtreaty wrote:
Two years means a longhaul and you are playing settling games. We would not predict two years given that it is a well capitalised stock that is very liquid and has alot of step brothers. CIC will always go playing with step brothers and if they are injured he will as well go home limping.I predict past 15 Kes as brothers are young and sharp shooting.


I definitely agree with you, in the same way, if the stepbrothers do well, she will also reap big.. Am guessing based on the fire that is burning in the insurance sector, CIC will as well grab its share in the business and expand. Two years is enough period for the firms to flex their muscles and then we'll see who has the last laugh.
Seeing is believing
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bartum
#4 Posted : Thursday, February 20, 2014 4:53:31 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
it owns 20% of takaful insurance
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Ericsson
#5 Posted : Friday, February 21, 2014 2:22:25 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
President Uhuru kenyatta will officially open the 12-storey twin tower CIC Plaza II which towers the 5-storey CIC Plaza I
The Company has a 5 year blue-print for the period 2014-2018 and a sneak preview of the contents are;
--Plans to comment operations in South Sudan,Malawi and Uganda this year;
South Sudan will be up and running by April or May
Uganda and Malawi operations will take off in July and August respectively.
--Within 5 years it intends to grow it's gross written premiums from ksh.9 billion as at 31 December 2012 to sh.45b by 31 December 2018.
Over this period it expects to record a profit before tax of sh.12.5b and to have accumulated net assets worth ksh.30b
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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bartum
#6 Posted : Friday, February 21, 2014 4:48:05 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
Ericsson wrote:
President Uhuru kenyatta will officially open the 12-storey twin tower CIC Plaza II which towers the 5-storey CIC Plaza I
The Company has a 5 year blue-print for the period 2014-2018 and a sneak preview of the contents are;
--Plans to comment operations in South Sudan,Malawi and Uganda this year;
South Sudan will be up and running by April or May
Uganda and Malawi operations will take off in July and August respectively.
--Within 5 years it intends to grow it's gross written premiums from ksh.9 billion as at 31 December 2012 to sh.45b by 31 December 2018.
Over this period it expects to record a profit before tax of sh.12.5b and to have accumulated net assets worth ksh.30b

next billionares come from here
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jawgey
#7 Posted : Friday, February 21, 2014 7:53:25 PM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
bartum wrote:
Ericsson wrote:
President Uhuru kenyatta will officially open the 12-storey twin tower CIC Plaza II which towers the 5-storey CIC Plaza I
The Company has a 5 year blue-print for the period 2014-2018 and a sneak preview of the contents are;
--Plans to comment operations in South Sudan,Malawi and Uganda this year;
South Sudan will be up and running by April or May
Uganda and Malawi operations will take off in July and August respectively.
--Within 5 years it intends to grow it's gross written premiums from ksh.9 billion as at 31 December 2012 to sh.45b by 31 December 2018.
Over this period it expects to record a profit before tax of sh.12.5b and to have accumulated net assets worth ksh.30b

next billionares come from here


like I said it's battle of the titans and definitely CIC is headed in the right direction. Read their 5 year blueprint which is viable considering east Africa's economic outlook.
Seeing is believing
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Ericsson
#8 Posted : Friday, February 21, 2014 10:56:44 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,809
Location: NAIROBI
@jawgey;Post the link of the 5 year blueprint for investors to read,analyse and make the judgement
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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bartum
#9 Posted : Sunday, February 23, 2014 8:35:24 AM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
Ericsson wrote:
@jawgey;Post the link of the 5 year blueprint for investors to read,analyse and make the judgement

look at. friday DN
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jawgey
#10 Posted : Monday, March 03, 2014 11:39:46 AM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
Any news from this counter, it has started the week with quite a rally...
Seeing is believing
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