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CIC Group FY2014 results EPS down by 28%
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Boris Boyka
#41 Posted : Thursday, April 30, 2015 12:26:05 AM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
Pesa Nane wrote:
Quote:
NOTICE IS HEREBY GIVEN that the Thirty Seventh (37th) AGM of CIC INSURANCE GROUP LIMITED will be held at the KICC amphitheatre, on 22nd May 2015 at 10.00am to transact the following business:-
.....

3. To declare a first and final dividend of Kshs. 0.10 per share in respect of the year ended 31st December 2014, to be paid to the shareholders appearing on the Register of Members at the close of business on 19th June 2015.

Was that a typo or a change of register closure dates as announced with the results??

Thanks 8money...seems a typo as books closure and payment date aren't clear there!
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Ericsson
#42 Posted : Wednesday, June 10, 2015 4:58:45 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
The counter needs to make an acquisition of one of the smaller insurance firms to keep the share price momentum.
Currently its losing a lot of steam.
Barclays Africa Group has just announced an acquisition of First Assurance Group in a ksh.2.9bn deal
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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bartum
#43 Posted : Wednesday, June 10, 2015 6:11:12 PM
Rank: Veteran


Joined: 8/11/2010
Posts: 1,011
Location: nairobi
Ericsson wrote:
The counter needs to make an acquisition of one of the smaller insurance firms to keep the share price momentum.
Currently its losing a lot of steam.
Barclays Africa Group has just announced an acquisition of First Assurance Group in a ksh.2.9bn deal

it's one of worst performing stock year to date
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VituVingiSana
#44 Posted : Wednesday, June 10, 2015 6:20:07 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
Ericsson wrote:
The counter needs to make an acquisition of one of the smaller insurance firms to keep the share price momentum.
Currently its losing a lot of steam.
Barclays Africa Group has just announced an acquisition of First Assurance Group in a ksh.2.9bn deal
Acquisitions should be done if they make sense not to goose the share price!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mlennyma
#45 Posted : Friday, June 26, 2015 9:59:58 AM
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Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Pot boiling,sackings at senior levels.
"Don't let the fear of losing be greater than the excitement of winning."
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Aguytrying
#46 Posted : Friday, June 26, 2015 2:02:28 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
mlennyma wrote:
Pot boiling,sackings at senior levels.


Whats going on at cic???
The investor's chief problem - and even his worst enemy - is likely to be himself
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winmak
#47 Posted : Friday, June 26, 2015 3:02:45 PM
Rank: Member


Joined: 12/1/2007
Posts: 539
Location: Nakuru
mlennyma wrote:
Pot boiling,sackings at senior levels.


Wapi rink? I am overinvested here, panic mode...
For investors as a whole, returns decrease as motion increases ~ WB
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mlennyma
#48 Posted : Friday, June 26, 2015 3:48:38 PM
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Joined: 7/21/2010
Posts: 6,183
Location: nairobi
http://www.the-star.co.ke:8080/news/cic-sacks-managers-over-medical-division-losses
"Don't let the fear of losing be greater than the excitement of winning."
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winmak
#49 Posted : Friday, June 26, 2015 7:45:51 PM
Rank: Member


Joined: 12/1/2007
Posts: 539
Location: Nakuru
mlennyma wrote:
http://www.the-star.co.ke:8080/news/cic-sacks-managers-over-medical-division-losses


Thanks, at least something is being done. Good the news is leaking out on a Friday. Can't CIC then drop the medical insurance wing if it's bleeding out, motor would still push the numbers...
For investors as a whole, returns decrease as motion increases ~ WB
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