updated for version 7.4.438
Problem:    Cached values for 'cino' not reset for ":set all&".
Solution:   Call parse_cino(). (Yukihiro Nakadaira)
diff --git a/src/option.c b/src/option.c
index 855539b..2007dee 100644
--- a/src/option.c
+++ b/src/option.c
@@ -3645,6 +3645,9 @@
 #else
 	win_comp_scroll(curwin);
 #endif
+#ifdef FEAT_CINDENT
+    parse_cino(curbuf);
+#endif
 }
 
 /*