@mwekez@ji;
The below par in financial performance was due to the newly medical insurance business which they have given steps on how they plan to improve on it

@Ericsson, that medical insurance aint a work in the park and will not be as easy as the abc steps they are putting. Look at the experienced Panafric, the saving grace is usually the investments in good years

That is welcome @Ericsson. Hope you aint rating this share a BUY

Single digit PAT growth was expected from the poor single digit H1 %PAT results.

FY Profit before Tax 1.6b versus 1.6b
FY Profit after Tax 1.4b versus 1.3b +1.4%
FY EPS 0.67 versus 0.64 +4.6%
Final Dividend 10 cents a share.

i expect better results from sameer africa which are currently trading at similar prices

Its at its peak now the only way is down in the short to medium term. I dare predict. Worth a look at 4.00

I was there at the briefing. The management was massively optimistic and he has reasons to be. Premiums are growing in the low double digits, but they have an impressive CAGR.

The bottom line is what bothers me. If you look at the returns posted by PAFR and BRIT you realise CIC is too far behind. Granted that their business models are vastly different, still, investors might move away if profit margins don't improve.

Also, books close is all the way in June, that's too far off and I only hope we get a decent interim this year otherwise this stock is going to go back to the KES 5 levels.

Might hit a low of sh.4 or thereabout after the bonus issue and then rally back up..

True, your numbers are very correct but after the bonus is factored in we'll definitely experience some price correction,that's when a 5 or worst case a 4 might come into play briefly..

ok we'll see how this spans out..