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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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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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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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Tommy
#11 Posted : Tuesday, July 12, 2011 7:24:52 AM
Rank: Veteran


Joined: 12/9/2010
Posts: 894
Location: Nairobi
kyt wrote:
how much is one share??

ksh 100, min 200 shares worth 20k
Don't wait for the Last Judgment. It happens every day. ~Albert Camus, The Fall, 1956
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hisah
#12 Posted : Tuesday, July 12, 2011 7:26:13 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
OTC market taking over NSE... And saccos are backed by numbers smile

Buy coop bank to ride this sacco OTC... Now that's a leakage the big money will want to kicking me for letting the cat out of the bag...

Most sacco are aiming real estate projects even britak. Get to know them.

See I'm not always gloom and doom like Dr Doom aka Marc Faber smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#13 Posted : Tuesday, July 12, 2011 7:27:53 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
OTC market taking over NSE... And saccos are backed by numbers smile

Buy coop bank to ride this sacco OTC... Now that's a leakage the big money will want to kicking me for letting the cat out of the bag...

Most sacco are aiming real estate projects even britak. Get to know them.

See I'm not always gloom and doom like Dr Doom aka Marc Faber smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mlennyma
#14 Posted : Tuesday, July 12, 2011 10:21:32 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,184
Location: nairobi
What was their last dividend per share?
"Don't let the fear of losing be greater than the excitement of winning."
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Wa_ithaka
#15 Posted : Thursday, July 14, 2011 8:24:14 AM
Rank: Veteran


Joined: 1/7/2010
Posts: 1,279
Location: nbi
Who is a member of this sacco? If u are please leave email contacts.
The Governor of Nyeri - 2017
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Impunity
#16 Posted : Thursday, July 14, 2011 9:17:13 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
How can I join this gravy train?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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jerry
#17 Posted : Thursday, July 14, 2011 11:15:03 AM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
Impunity wrote:
How can I join this gravy train?


I think we (the consumers of power) should be allowed to join. Produce "BILL YA STIMA" and you qualify! what do you think?
The opposite of courage is not cowardice, it's conformity.
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Cde Monomotapa
#18 Posted : Thursday, July 14, 2011 11:18:37 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
jerry wrote:
Impunity wrote:
How can I join this gravy train?


I think we (the consumers of power) should be allowed to join. Produce "BILL YA STIMA" and you qualify! what do you think?

smile very creative @jerry.
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TUPAC
#19 Posted : Thursday, July 14, 2011 11:42:27 AM
Rank: Member


Joined: 12/8/2009
Posts: 274
Location: Ltktk
Cde Monomotapa wrote:
jerry wrote:
Impunity wrote:
How can I join this gravy train?


I think we (the consumers of power) should be allowed to join. Produce "BILL YA STIMA" and you qualify! what do you think?

smile very creative @jerry.

Is it really necessary to invest in this sacco if one belongs to another sacco? wouldnt it rather be better to put the money in one's sacco?
...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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mrs njung'e
#20 Posted : Thursday, July 14, 2011 11:58:43 AM
Rank: New-farer


Joined: 6/21/2011
Posts: 29
TUPAC wrote:
Cde Monomotapa wrote:
jerry wrote:
Impunity wrote:
How can I join this gravy train?


I think we (the consumers of power) should be allowed to join. Produce "BILL YA STIMA" and you qualify! what do you think?

smile very creative @jerry.

Is it really necessary to invest in this sacco if one belongs to another sacco? wouldnt it rather be better to put the money in one's sacco?

yah.....i agree with you.........why be in 2 saccos
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