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CIC Insurance 2019
Receptor
#41 Posted : Wednesday, December 18, 2019 7:51:02 AM
Rank: New-farer


Joined: 7/1/2019
Posts: 34
Ericsson wrote:
Ericsson wrote:
Profit warning pap






No respite at the NSE for another year. Can we say Jubilee government is responsible for the endless profit warnings by listed firms? What was the market like during the dark Nyayo error? Is it a co-incidence that during the reign of Uhuru Kenyatta companies have issued profit warnings back-to-back for 3 consecutive years?
Ericsson
#42 Posted : Friday, December 20, 2019 9:49:25 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,019
Location: NAIROBI
-25.6% share price appreciation YTD
jmbada
#43 Posted : Saturday, December 21, 2019 4:21:54 PM
Rank: Member


Joined: 1/1/2011
Posts: 393
Well. The Gov. would take credit if things were looking good. Hard to compare with Moi era coz reporting standards were non-existent and he and his cronies had shareholding in almost all key stocks. However, such consistent poor performance is very telling. That and the recent takeover of KNBS' independence by the Cabinet is very concerning: https://www.google.com/a...asAMP-d3o2ykz/index.html
Ericsson
#44 Posted : Thursday, December 26, 2019 2:56:58 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,019
Location: NAIROBI
jmbada wrote:
Well. The Gov. would take credit if things were looking good. Hard to compare with Moi era coz reporting standards were non-existent and he and his cronies had shareholding in almost all key stocks. However, such consistent poor performance is very telling. That and the recent takeover of KNBS' independence by the Cabinet is very concerning: https://www.google.com/a...sAMP-d3o2ykz/index.html


Things have to be made to look good no matter how bad they are
Ericsson
#45 Posted : Monday, December 30, 2019 7:13:22 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,019
Location: NAIROBI
Ebenyo
#46 Posted : Tuesday, December 31, 2019 8:28:25 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,791
Location: Kitale
Ericsson wrote:
https://www.businessdailyafrica.com/markets/capital/CIC-units-drive-17-percent-growth-in-mutual-funds/4259442-5401928-xfoeojz/index.html




CIC doing good in asset management business.That should give them some stability.
Towards the goal of financial freedom
Ericsson
#47 Posted : Monday, February 10, 2020 12:09:09 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,019
Location: NAIROBI
Ebenyo wrote:
Ericsson wrote:
https://www.businessdailyafrica.com/markets/capital/CIC-units-drive-17-percent-growth-in-mutual-funds/4259442-5401928-xfoeojz/index.html




CIC doing good in asset management business.That should give them some stability.


CIC Group
@CICInsurance
Begin your journey to financial freedom by opening a CIC Money Market Fund. If you open and fund your account with Sh5000, we will top up Sh1000
1. SMS your name and location to 22471
2. Visit the CIC website and register directly of the CICAM portal
https://clients.cic.co.ke
Angelica _ann
#48 Posted : Monday, February 10, 2020 12:33:37 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,187
Ericsson wrote:
Ebenyo wrote:
Ericsson wrote:
https://www.businessdailyafrica.com/markets/capital/CIC-units-drive-17-percent-growth-in-mutual-funds/4259442-5401928-xfoeojz/index.html




CIC doing good in asset management business.That should give them some stability.


CIC Group
@CICInsurance
Begin your journey to financial freedom by opening a CIC Money Market Fund. If you open and fund your account with Sh5000, we will top up Sh1000
1. SMS your name and location to 22471
2. Visit the CIC website and register directly of the CICAM portal
https://clients.cic.co.ke


d'oh! d'oh! d'oh! Looks like things are getting murkier!!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
whiteowl
#49 Posted : Monday, February 10, 2020 1:18:53 PM
Rank: Veteran


Joined: 4/16/2014
Posts: 1,391
Location: Bohemian Grove
Ericsson wrote:
Ebenyo wrote:
Ericsson wrote:
https://www.businessdailyafrica.com/markets/capital/CIC-units-drive-17-percent-growth-in-mutual-funds/4259442-5401928-xfoeojz/index.html




CIC doing good in asset management business.That should give them some stability.


CIC Group
@CICInsurance
Begin your journey to financial freedom by opening a CIC Money Market Fund. If you open and fund your account with Sh5000, we will top up Sh1000
1. SMS your name and location to 22471
2. Visit the CIC website and register directly of the CICAM portal
https://clients.cic.co.ke


1000 is 20% of 5000. Can they sustain that?
Metch
#50 Posted : Monday, February 10, 2020 2:12:12 PM
Rank: Member


Joined: 12/22/2015
Posts: 186
Location: Mombasa, Kenya
whiteowl wrote:
Ericsson wrote:
Ebenyo wrote:
Ericsson wrote:
https://www.businessdailyafrica.com/markets/capital/CIC-units-drive-17-percent-growth-in-mutual-funds/4259442-5401928-xfoeojz/index.html




CIC doing good in asset management business.That should give them some stability.


CIC Group
@CICInsurance
Begin your journey to financial freedom by opening a CIC Money Market Fund. If you open and fund your account with Sh5000, we will top up Sh1000
1. SMS your name and location to 22471
2. Visit the CIC website and register directly of the CICAM portal
https://clients.cic.co.ke


1000 is 20% of 5000. Can they sustain that?


They are technically giving you nothing if the amount is not withdrawable.
Also the right question is what is their acquisition cost? Enticing u with 1000 could be cheaper
Start!
VituVingiSana
#51 Posted : Monday, February 10, 2020 2:15:32 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,716
Location: Nairobi
As @metch says, if there is a lock-in period then it's a cost of acquisition.
Cheaper than flashy ads.

Disclosure: I am not a shareholder of CIC.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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