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Cic
Muheani
#441 Posted : Tuesday, June 12, 2012 9:56:13 AM
Rank: Veteran

Joined: 11/20/2009
Posts: 1,402
from CIC twitter.."Hi , in light of recent events, we await confirmation on the listing date. We shall keep you informed. #CM
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hisah
#442 Posted : Tuesday, June 12, 2012 12:01:09 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Hunderwear wrote:
hisah wrote:
Listing postponed, but huge Q1 2012 profits! I'm usually skeptical of listings done after rosy results...


Me too but with cic aint worried abit...reason they have been sitting on all the cash they raised in the rights issue and I expected a huge profit last year which didnt happen so this year should be huge enough otherwise the funds raised make no sense

Maybe you could be right with this one. Since I'm not on the ground. I was snooping on their FB page and came across this.

https://www.facebook.com...e/posts/344944882241478

Quote:
CIC Group is constantly developing innovative products that meet the customers needs which has resulted in our immense growth. The 1st Quater Results in 2012 show 29% growth in Net earned Premium.


If they can maintain that momentum through out the remaining 2012 qtrs, then this could be another equity! But how are they managing this with the current high interest regime. KE market is bizarre aka peculiar MJ statement...

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Ericsson
#443 Posted : Thursday, June 14, 2012 12:54:51 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,811
Location: NAIROBI
Is the CIC Insurance introduction by listing on Tuesday.The adverts in the radio stations say it is on Tuesday
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Muheani
#444 Posted : Friday, June 15, 2012 8:23:32 AM
Rank: Veteran

Joined: 11/20/2009
Posts: 1,402
From CIC twitter

CIC Insurance Group ‏@CICInsurance

BREAKING NEWS! CIC Insurance Group NSE Listing confirmed for 19th July 2012. #VM
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8:18 AM - 15 Jun 12 via Facebook · Details
QW25091985
#445 Posted : Friday, June 15, 2012 8:41:09 AM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
yep listing is on 19th !
PKoli
#446 Posted : Friday, June 15, 2012 12:10:03 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
QW25091985 wrote:
yep listing is on 19th !


I am a little confused; such useful info should be at the CIC website
luxel
#447 Posted : Friday, June 15, 2012 2:24:19 PM
Rank: Member

Joined: 7/17/2008
Posts: 152
Muheani wrote:
From CIC twitter

CIC Insurance Group ‏@CICInsurance

BREAKING NEWS! CIC Insurance Group NSE Listing confirmed for 19th July 2012. #VM
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8:18 AM - 15 Jun 12 via Facebook · Details


Do you mean next week or there is no typo?
hisah
#448 Posted : Friday, June 15, 2012 5:56:13 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
luxel wrote:
Muheani wrote:
From CIC twitter

CIC Insurance Group ‏@CICInsurance

BREAKING NEWS! CIC Insurance Group NSE Listing confirmed for 19th July 2012. #VM


Do you mean next week or there is no typo?

July 19 2012 as per this tweet - https://twitter.com/CICI...atus/213500635386093568
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mwekez@ji
#449 Posted : Friday, June 15, 2012 10:54:10 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
This counter scores F when it comes to communication Sad
PKoli
#450 Posted : Sunday, June 17, 2012 9:06:45 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
mwekez@ji wrote:
This counter scores F when it comes to communication Sad


I will not give them an F, since they post some bit of info on their website. They have been poor when it comes to communication to do with listing.
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