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shrewdinvestor
#41 Posted : Wednesday, September 24, 2014 8:39:45 AM
Rank: Member


Joined: 9/12/2014
Posts: 120
Location: Nyali
its2013 wrote:
I admire your optimism.

Its therapeutic and the only thing that works when all else fails!
Keep posted!smile
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Sober
#42 Posted : Wednesday, September 24, 2014 11:24:16 AM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
Is it the change of guard? or teh fact that the Co-op Bank MD, Muriuki has bought enough shares to be the highest individual owner.... just thinking
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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jerry
#43 Posted : Wednesday, September 24, 2014 11:31:10 AM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
Sober wrote:
Is it the change of guard? or teh fact that the Co-op Bank MD, Muriuki has bought enough shares to be the highest individual owner.... just thinking

The former I believe.
The opposite of courage is not cowardice, it's conformity.
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shrewdinvestor
#44 Posted : Wednesday, September 24, 2014 11:48:44 AM
Rank: Member


Joined: 9/12/2014
Posts: 120
Location: Nyali
jerry wrote:
Sober wrote:
Is it the change of guard? or teh fact that the Co-op Bank MD, Muriuki has bought enough shares to be the highest individual owner.... just thinking

The former I believe.

all of the above and the growth aspect..when a company is growing,you grow with it.Fundamentals also!
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shrewdinvestor
#45 Posted : Wednesday, September 24, 2014 2:33:10 PM
Rank: Member


Joined: 9/12/2014
Posts: 120
Location: Nyali
@ericsson:here is the information on CIC corporate bond memorandumcic corporate bond
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abkon2014
#46 Posted : Friday, September 26, 2014 4:25:38 PM
Rank: New-farer


Joined: 9/11/2014
Posts: 21
If the bond becomes successful, CIC will have a big rally. Watch this space!
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Forester
#47 Posted : Monday, November 03, 2014 2:41:58 PM
Rank: Member


Joined: 12/7/2010
Posts: 520
Location: Epicentre - Ngamia 1
Tom Gitogo starts his tenure at CIC Insurance Group as Deputy GCEO today. Background experience in Life Insurance, Asset Management plus the real estate arm of Pan Africa a positive for CIC.
Build your own dreams, or someone else will hire you to build theirs - Farrah Gray.
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josimar
#48 Posted : Monday, November 03, 2014 3:15:33 PM
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Joined: 7/6/2010
Posts: 242
Who knows the location of their property in Isinya where they plan to develop housing units?
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Ndaragwa
#49 Posted : Monday, November 03, 2014 4:45:21 PM
Rank: Member


Joined: 3/12/2011
Posts: 108
josimar wrote:
Who knows the location of their property in Isinya where they plan to develop housing units?


I am interested too in knowing where the 512 acres are located within Isinya. A bit of their vision for Isinya land is outlined in this <<<Link>>>
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Forester
#50 Posted : Monday, November 03, 2014 5:34:46 PM
Rank: Member


Joined: 12/7/2010
Posts: 520
Location: Epicentre - Ngamia 1
josimar wrote:
Who knows the location of their property in Isinya where they plan to develop housing units?


From reliable sources, they are developing Kiambu first before Isinya which is in the long-term.
Build your own dreams, or someone else will hire you to build theirs - Farrah Gray.
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streetwise
#51 Posted : Monday, November 03, 2014 5:53:29 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Tuende Kazi
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Ericsson
#52 Posted : Monday, November 10, 2014 12:01:15 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
The company has now restructured its departments and now has 4 divisions;
General insurance
Life Assurance
Asset management
Medical Insurance
Each with its own MD and reporting to deputy group ceo
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Akenyan2014
#53 Posted : Monday, November 10, 2014 4:37:07 AM
Rank: Member


Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
Ericsson wrote:
The company has now restructured its departments and now has 4 divisions;
General insurance
Life Assurance
Asset management
Medical Insurance
Each with its own MD and reporting to deputy group ceo


Are they planning to re-brand? NSE is strange such that an expense like reb-randing seems to help the share price
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Ericsson
#54 Posted : Monday, November 10, 2014 9:04:17 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
@Akenyan2014
As for rebranding have no idea
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#55 Posted : Thursday, November 13, 2014 7:26:27 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
Just sneaked and checked the Q3 results for CIC.They are impressive and they made profits of 1.75 times (in the 3 months July 1 to September 30) of what they made in the first half.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Boris Boyka
#56 Posted : Thursday, November 13, 2014 7:41:27 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
Ericsson wrote:
Just sneaked and checked the Q3 results for CIC.They are impressive and they made profits of 1.75 times (in the 3 months July 1 to September 30) of what they made in the first half.

be courageous like @obiero and give figures. if they tally we applaud you if not we give you benefit of doubt. Nway let the party begin.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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yosie14
#57 Posted : Thursday, November 13, 2014 9:52:51 PM
Rank: Member


Joined: 12/17/2013
Posts: 118
Ericsson wrote:
Just sneaked and checked the Q3 results for CIC.They are impressive and they made profits of 1.75 times (in the 3 months July 1 to September 30) of what they made in the first half.


Are sure of what u r saying?How I wish u r!!!!!!!!!!!!!!!Pray
KCB,NMG,PAFR
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Ericsson
#58 Posted : Thursday, November 13, 2014 10:53:52 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
@Boris Byoka and yosie14;
If you are doubting what am saying here is another source.
if you look at co-operative banks Q3 results the share of associate profit and compare with Q2 you will get as follows;
In Q2 or half year the share of associate profits was ksh.27.5mn while in Q3 the share of associate profits has jumped to sh.74.5mn.
CIC in half year 2014 made a profit after tax of ksh.138mn.
Now fill in the gap (alama ya duku duku) to gauge the 9 months profit
Associate company for coop is normally CIC.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Boris Boyka
#59 Posted : Thursday, November 13, 2014 11:08:55 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
Ericsson wrote:
@Boris Byoka and yosie14;
If you are doubting what am saying here is another source.
if you look at co-operative banks Q3 results the share of associate profit and compare with Q2 you will get as follows;
In Q2 or half year the share of associate profits was ksh.27.5mn while in Q3 the share of associate profits has jumped to sh.74.5mn.
CIC in half year 2014 made a profit after tax of ksh.138mn.
Now fill in the gap (alama ya duku duku) to gauge the 9 months profit
Associate company for coop is normally CIC.

Now you're talking. Not that I doubt you but wanted you to speak out in confidence ndio watu wajue there's money to be made here.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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hisah
#60 Posted : Friday, November 14, 2014 8:57:22 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Ericsson wrote:
@Boris Byoka and yosie14;
If you are doubting what am saying here is another source.
if you look at co-operative banks Q3 results the share of associate profit and compare with Q2 you will get as follows;
In Q2 or half year the share of associate profits was ksh.27.5mn while in Q3 the share of associate profits has jumped to sh.74.5mn.
CIC in half year 2014 made a profit after tax of ksh.138mn.
Now fill in the gap (alama ya duku duku) to gauge the 9 months profit
Associate company for coop is normally CIC.

What % of its profit does CIC pay to Co-op?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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