Rank: Chief Joined: 8/4/2010 Posts: 8,977
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 Ascending triangle spotted on this counter. 12 handle has proved to be a stubborn solid resistance level since Q1 2014. The script is similar to the 6/- resistance back in 2013. When the breakout came, it was breathtaking. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 11/2/2006 Posts: 1,206 Location: Nairobi
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@hisah.....Is it a buy? Formally employed people often live their employers' dream & forget about their own.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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bird_man wrote:@hisah.....Is it a buy? The triangle indicates bullish bias as it compresses towards resistance. Break above will confirm bull continuation.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Last year you spoke to us on 12 Mar 2014,am hoping you haven't changed much and that you will do so in the coming week.Thanks in advance. Yours truly...chairhonda!  Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Rank: User Joined: 1/20/2014 Posts: 3,528
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Big bro Coop is also falling though with breaks Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Othelo wrote:Big bro Coop is also falling though with breaks am seeing @Ericsson...say something. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Boris Boyka wrote:Othelo wrote:Big bro Coop is also falling though with breaks am seeing @Ericsson...say something. I told you guys to come down and pick us on the wazua spirit. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 12/7/2010 Posts: 520 Location: Epicentre - Ngamia 1
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mlennyma wrote:Boris Boyka wrote:Othelo wrote:Big bro Coop is also falling though with breaks am seeing @Ericsson...say something. I told you guys to come down and pick us on the wazua spirit. All my counters in the red, what a bad week this is.  Build your own dreams, or someone else will hire you to build theirs - Farrah Gray.
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Rank: Member Joined: 7/2/2014 Posts: 123
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Forester wrote:mlennyma wrote:Boris Boyka wrote:Othelo wrote:Big bro Coop is also falling though with breaks am seeing @Ericsson...say something. I told you guys to come down and pick us on the wazua spirit. All my counters in the red, what a bad week this is. The bargain period doesn't open for long so now its time to buy. I suspect equity will lead the pack next week ahead of books close. ,
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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Forester wrote:mlennyma wrote:Boris Boyka wrote:Othelo wrote:Big bro Coop is also falling though with breaks am seeing @Ericsson...say something. I told you guys to come down and pick us on the wazua spirit. All my counters in the red, what a bad week this is. Coop cic kk .... Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Member Joined: 7/3/2014 Posts: 245
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seems some info leaked out. Insurers slip back to losses as medical claims rise by 45pcQuote: CIC Insurance recorded the largest loss of Sh620 million. The
listed insurer collected premium of Sh3 billion under the medical
business and incurred claims of Sh2.9 billion with the other
expenses being administrative.
In the world of securities, courage and patience become the supreme virtues after adequate knowledge and a tested judgment are at hand.
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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www.businessdailyafrica....12/-/siy1c8/-/index.htmlQuote: CIC Insurance recorded the largest loss of
Sh620 million. The listed insurer collected
premium of Sh3 billion under the medical
business and incurred claims of Sh2.9 billion
with the other expenses being administrative.  Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 7/22/2009 Posts: 7,460
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Boris Boyka wrote: www.businessdailyafrica....12/-/siy1c8/-/index.htmlQuote: CIC Insurance recorded the largest loss of
Sh620 million. The listed insurer collected
premium of Sh3 billion under the medical
business and incurred claims of Sh2.9 billion
with the other expenses being administrative. Irresponsible characters!!! How do you give partial results of companies that have not released their results??? If you are an industry regulator, on such things, you comment on the industry. NOT specific companies!!! The companies will give the specifics when releasing their results!!! I have never heard Central Bank releasing partial results of specific banks. They simply say "Banks made 20% more last year. Whether each of made 20% more or half of the banks made 20% less and the other half made 40% more, you wait for the specific banks to tell you!!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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MaichBlack wrote:Boris Boyka wrote: www.businessdailyafrica....12/-/siy1c8/-/index.htmlQuote: CIC Insurance recorded the largest loss of
Sh620 million. The listed insurer collected
premium of Sh3 billion under the medical
business and incurred claims of Sh2.9 billion
with the other expenses being administrative. Irresponsible characters!!! How do you give partial results of companies that have not released their results??? If you are an industry regulator, on such things, you comment on the industry. NOT specific companies!!! The companies will give the specifics when releasing their results!!! I have never heard Central Bank releasing partial results of specific banks. They simply say "Banks made 20% more last year. Whether each of made 20% more or half of the banks made 20% less and the other half made 40% more, you wait for the specific banks to tell you!!!! I remember seeing this report a while ago,somebody told me medical covers are slowly becoming hectic like matatu covers "Don't let the fear of losing be greater than the excitement of winning."
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Rank: New-farer Joined: 3/1/2014 Posts: 82
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mlennyma wrote:MaichBlack wrote:Boris Boyka wrote: www.businessdailyafrica....12/-/siy1c8/-/index.htmlQuote: CIC Insurance recorded the largest loss of
Sh620 million. The listed insurer collected
premium of Sh3 billion under the medical
business and incurred claims of Sh2.9 billion
with the other expenses being administrative. Irresponsible characters!!! How do you give partial results of companies that have not released their results??? If you are an industry regulator, on such things, you comment on the industry. NOT specific companies!!! The companies will give the specifics when releasing their results!!! I have never heard Central Bank releasing partial results of specific banks. They simply say "Banks made 20% more last year. Whether each of made 20% more or half of the banks made 20% less and the other half made 40% more, you wait for the specific banks to tell you!!!! I remember seeing this report a while ago,somebody told me medical covers are slowly becoming hectic like matatu covers true, medical business is hard, fake claims etc etc. Most firms are or already moving from that business “The beauty of success is that it doesn’t matter how many times you have failed, you only have to be right once and then everyone can tell you how lucky you are.” - Mark Cuban
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Kastone wrote:mlennyma wrote:MaichBlack wrote:Boris Boyka wrote: www.businessdailyafrica....12/-/siy1c8/-/index.htmlQuote: CIC Insurance recorded the largest loss of
Sh620 million. The listed insurer collected
premium of Sh3 billion under the medical
business and incurred claims of Sh2.9 billion
with the other expenses being administrative. Irresponsible characters!!! How do you give partial results of companies that have not released their results??? If you are an industry regulator, on such things, you comment on the industry. NOT specific companies!!! The companies will give the specifics when releasing their results!!! I have never heard Central Bank releasing partial results of specific banks. They simply say "Banks made 20% more last year. Whether each of made 20% more or half of the banks made 20% less and the other half made 40% more, you wait for the specific banks to tell you!!!! I remember seeing this report a while ago,somebody told me medical covers are slowly becoming hectic like matatu covers true, medical business is hard, fake claims etc etc. Most firms are or already moving from that business with the country properly corrupt, I don't expect any changes it can only get worse "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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Boris Boyka wrote: www.businessdailyafrica....12/-/siy1c8/-/index.htmlQuote: CIC Insurance recorded the largest loss of
Sh620 million. The listed insurer collected
premium of Sh3 billion under the medical
business and incurred claims of Sh2.9 billion
with the other expenses being administrative. Discussed it here #13 and the bleeding continues http://www.wazua.co.ke/f...aspx?g=posts&t=28173
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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hisah wrote:bird_man wrote:@hisah.....Is it a buy? The triangle indicates bullish bias as it compresses towards resistance. Break above will confirm bull continuation. @bird_man - the ascending triangle has been negated as the price takes a nosedive sub 11 down to lower 10 levels. If support at 10 doesn't stem off the slide, the reversal will gain momentum... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Hello Joined: 9/26/2014 Posts: 1 Location: nairobi
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Good afternoon,
There is a very huge demand on CIC....wonder whats happening.
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