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CIC 2015
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Boris Boyka
#31 Posted : Wednesday, March 11, 2015 8:26:38 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
Forester wrote:
mlennyma wrote:
Boris Boyka wrote:
Othelo wrote:
Boris Boyka wrote:
Something is cooking here!!! 10.05?? Sad Sad Pray Pray

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.Sad

Coop cic kk ....Sad
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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TheGeek
#32 Posted : Wednesday, March 11, 2015 10:31:53 PM
Rank: Member

Joined: 7/3/2014
Posts: 245
Boris Boyka wrote:
Something is cooking here!!! 10.05?? Sad Sad Pray Pray



seems some info leaked out.

Insurers slip back to losses as medical claims rise by 45pc

Quote:
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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  | | Edit by user: Wednesday, March 11, 2015 10:36 PM | Reason: Not specified
Boris Boyka
#33 Posted : Wednesday, March 11, 2015 10:38:19 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
Boris Boyka wrote:
Something is cooking here!!! 10.05?? Sad Sad Pray Pray

www.businessdailyafrica....12/-/siy1c8/-/index.html
Quote:
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.
Pray Pray
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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MaichBlack
#34 Posted : Thursday, March 12, 2015 9:17:13 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,838
Boris Boyka wrote:
Boris Boyka wrote:
Something is cooking here!!! 10.05?? Sad Sad Pray Pray

www.businessdailyafrica....12/-/siy1c8/-/index.html
Quote:
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.
Pray Pray

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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mlennyma
#35 Posted : Thursday, March 12, 2015 10:14:08 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
MaichBlack wrote:
Boris Boyka wrote:
Boris Boyka wrote:
Something is cooking here!!! 10.05?? Sad Sad Pray Pray

www.businessdailyafrica....12/-/siy1c8/-/index.html
Quote:
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.
Pray Pray

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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Kastone
#36 Posted : Thursday, March 12, 2015 11:24:38 AM
Rank: New-farer

Joined: 3/1/2014
Posts: 82
mlennyma wrote:
MaichBlack wrote:
Boris Boyka wrote:
Boris Boyka wrote:
Something is cooking here!!! 10.05?? Sad Sad Pray Pray

www.businessdailyafrica....12/-/siy1c8/-/index.html
Quote:
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.
Pray Pray

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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mlennyma
#37 Posted : Thursday, March 12, 2015 11:35:42 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Kastone wrote:
mlennyma wrote:
MaichBlack wrote:
Boris Boyka wrote:
Boris Boyka wrote:
Something is cooking here!!! 10.05?? Sad Sad Pray Pray

www.businessdailyafrica....12/-/siy1c8/-/index.html
Quote:
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.
Pray Pray

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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WWW
  | | Edit by user: Thursday, March 12, 2015 11:37 AM | Reason: Not specified
mkonomtupu
#38 Posted : Thursday, March 12, 2015 12:42:08 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
Boris Boyka wrote:
Boris Boyka wrote:
Something is cooking here!!! 10.05?? Sad Sad Pray Pray

www.businessdailyafrica....12/-/siy1c8/-/index.html
Quote:
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.
Pray Pray


Discussed it here #13 and the bleeding continues

http://www.wazua.co.ke/f...aspx?g=posts&t=28173
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hisah
#39 Posted : Thursday, March 12, 2015 1:04:21 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
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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sosumba
#40 Posted : Tuesday, March 24, 2015 3:21:21 PM
Rank: Hello

Joined: 9/26/2014
Posts: 1
Location: nairobi
Good afternoon,
There is a very huge demand on CIC....wonder whats happening.
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