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2 Pages<12
CIC Insurance 2018
Ericsson
#21 Posted : Saturday, February 02, 2019 9:47:43 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,075
Location: NAIROBI
Ksh.5bn Corporate bond issued in 2014 matures mid this year.
Beler
#22 Posted : Tuesday, February 05, 2019 6:36:25 PM
Rank: New-farer


Joined: 1/15/2019
Posts: 31
CIC Insurance did really well during last year. This positive outcome increased investors optimism which was reflected in share price. I am really thinking that they will continue with positive results also during this year
Ericsson
#23 Posted : Wednesday, February 06, 2019 3:16:57 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,075
Location: NAIROBI
Share price heading towards ksh.5
Ericsson
#24 Posted : Wednesday, February 06, 2019 3:22:39 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,075
Location: NAIROBI
Beler wrote:
CIC Insurance did really well during last year. This positive outcome increased investors optimism which was reflected in share price. I am really thinking that they will continue with positive results also during this year


They should consider acquiring one of the distressed insurance companies
Ericsson
#25 Posted : Wednesday, March 06, 2019 7:31:09 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,075
Location: NAIROBI
FY results to be released tomorrow or Friday 8th March 2019
littledove
#26 Posted : Wednesday, March 06, 2019 9:20:04 PM
Rank: Member


Joined: 7/1/2014
Posts: 716
Location: sky
Ericsson wrote:
FY results to be released tomorrow or Friday 8th March 2019

hope we get a bonus this year
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
Ericsson
#27 Posted : Thursday, March 07, 2019 7:41:21 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,075
Location: NAIROBI
littledove wrote:
Ericsson wrote:
FY results to be released tomorrow or Friday 8th March 2019

hope we get a bonus this year


Now that the corporate bond they issued in July 2014 matures in 4 months.
Ericsson
#28 Posted : Thursday, March 07, 2019 10:09:53 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,075
Location: NAIROBI
littledove wrote:
Ericsson wrote:
FY results to be released tomorrow or Friday 8th March 2019

hope we get a bonus this year


Last year results were announced on March 14 2018 and for 2016 were announced in March 9 2017
S.Mutaga III
#29 Posted : Thursday, March 07, 2019 8:07:50 PM
Rank: Member


Joined: 3/26/2012
Posts: 811
At a PE of 22, the price is too high. Nice company, but too expensive to consider. Would you buy an asset to get your money back in 22 years??? Too expensive stock!!
A successful man is not he who gets the best, it is he who makes the best from what he gets.
Ericsson
#30 Posted : Friday, March 08, 2019 12:36:41 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,075
Location: NAIROBI
S.Mutaga III wrote:
At a PE of 22, the price is too high. Nice company, but too expensive to consider. Would you buy an asset to get your money back in 22 years??? Too expensive stock!!


When FY results are released the PE will fall to between 10-15 at the current prices
brainstorm212
#31 Posted : Monday, June 24, 2019 10:38:37 AM
Rank: New-farer


Joined: 5/3/2019
Posts: 17
Oh, I'm amazed Total Insurance is still a leader in the UK... This company has very favorable conditions for customers, but as we know, what is profitable for customers is unprofitable for the company, so I have a reasonable question - how does this company manage to develop and not lose a lot of money? For example, I bought insurance for taxi drivers from their site http://www.total-insurance.co.uk on very favorable terms for me, for example, I pay only 1099 for my Toyota Prius, and every year the price of insurance will only decrease, not increase like in other companies...
Ericsson
#32 Posted : Monday, June 24, 2019 10:40:30 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,075
Location: NAIROBI
brainstorm212 wrote:
Oh, I'm amazed Total Insurance is still a leader in the UK... This company has very favorable conditions for customers, but as we know, what is profitable for customers is unprofitable for the company, so I have a reasonable question - how does this company manage to develop and not lose a lot of money? For example, I bought insurance for taxi drivers from their site http://www.total-insurance.co.uk on very favorable terms for me, for example, I pay only 1099 for my Toyota Prius, and every year the price of insurance will only decrease, not increase like in other companies...

How is this related to cic insurance?
Ericsson
#33 Posted : Tuesday, June 25, 2019 8:30:52 AM
Rank: Elder


Joined: 12/4/2009
Posts: 7,075
Location: NAIROBI
Waiting to hear how the company/group intends to redeem its ksh.5bn corporate debt that matures in October.
Ericsson
#34 Posted : Thursday, July 04, 2019 4:53:57 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,075
Location: NAIROBI
CIC Insurance selling all its land holdings in an advert in today's newspaper.

https://pbs.twimg.com/media/D-oyD5PWkAEGGaZ.jpg
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