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Stima sacco Share sale
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Ilikeyou
#1 Posted : Monday, July 11, 2011 1:26:34 PM
Rank: Member

Joined: 11/21/2007
Posts: 152
Location: Nairobi
First was Muramati now is stima sacco,

Pls find more info
http://www.stima-sacco.c...&id=94&Itemid=50
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the deal
#2 Posted : Monday, July 11, 2011 1:34:07 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Awesome I will look at their numbers and present the findings here http://www.contrarianinvestingkenya.info My BRAND NEW WEBSITE.
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  | | Edit by user: Monday, July 11, 2011 1:35 PM | Reason: Not specified
BGL
#3 Posted : Monday, July 11, 2011 1:36:05 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
The membership is drawn from the following organizations:

* Kenya Power & Lighting Company Ltd.
* Kenya Electricity Generating Company Ltd. (KenGen)
* Energy Regulatory Commission
* REA
* Stima Sacco Society Ltd
* GDC
* Ketraco
* Ketawu (Kenya Electrical Trade & Allied Workers Union)
* Retired staff of these organizations
* Spouses and Children of members
* Energy and allied sector
* National and international oil companies
* Companies capable of making regular check off contributions
* A person who is a resident or occupies land within the society area of operation
* Business and institutions approved by the Board
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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  | | Edit by user: Monday, July 11, 2011 1:57 PM | Reason: Not specified
Gordon Gekko
#4 Posted : Monday, July 11, 2011 1:49:43 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
"Stima Sacco is seeking to raise additional capital of Kshs 500, 000,000 through the sale of shares to its members and other eligible persons as prescribed in the bylaws through private placement."
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Mpenzi
#5 Posted : Monday, July 11, 2011 1:50:33 PM
Rank: Veteran

Joined: 10/17/2008
Posts: 1,234
As usual CMA will come down hard on this sacco unless it has CMA's consent to offer shares for sale to the public .....
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BGL
#6 Posted : Monday, July 11, 2011 2:26:32 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
I think CMA will ignore it as long as they do not take it to the TV stations.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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bartum
#7 Posted : Monday, July 11, 2011 2:55:24 PM
Rank: Veteran

Joined: 8/11/2010
Posts: 1,011
Location: nairobi
BGL wrote:
I think CMA will ignore it as long as they do not take it to the TV stations.

already in citizen TV today.
I really wondored if cma has approved
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the deal
#8 Posted : Monday, July 11, 2011 8:58:10 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
This is the new CIC....lemme buy before CMA comes knocking....Britak...Kigali...Trans something...to hell...welcome Stima Sacco........by the time we list I will be a Gallionaire....LOL.
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kyt
#9 Posted : Tuesday, July 12, 2011 12:41:07 AM
Rank: Elder

Joined: 11/7/2007
Posts: 2,182
how much is one share??
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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Cde Monomotapa
#10 Posted : Tuesday, July 12, 2011 4:10:13 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
the deal wrote:
This is the new CIC....lemme buy before CMA comes knocking....Britak...Kigali...Trans something...to hell...welcome Stima Sacco........by the time we list I will be a Gallionaire....LOL.
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