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CIC SHARES THROUGH THE SACCO
Thermostatic Investor
#1 Posted : Friday, September 23, 2011 11:13:47 AM
Rank: New-farer


Joined: 8/18/2011
Posts: 44
I got some information from my SACCO that I can purchase CIC shares at Kes.27. Anyone else with this info? Is it a good deal? After further probing, only the SACCO can purchase, then later the shares are allocated to members.How does this sound?
Mainat
#2 Posted : Friday, September 23, 2011 11:26:11 AM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
Sounds like a good idea. Which SACCO?
Sehemu ndio nyumba
Hunderwear
#3 Posted : Friday, September 23, 2011 12:04:58 PM
Rank: Member


Joined: 4/14/2011
Posts: 639
This no doubt a gud deal.Which sacco though?It wil mean you cant trade them in the market until they are allotd 2 you by the sacco.Again whch sacco is ths?
QW25081985
#4 Posted : Friday, September 23, 2011 12:20:24 PM
Rank: User


Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
which sacco is this ????
M.Major
#5 Posted : Friday, September 23, 2011 12:29:28 PM
Rank: New-farer


Joined: 1/27/2011
Posts: 15
Location: Papa Kule
This offer ended sometime late last year or early this year. Consider yourselves served/advised else.......................
Nionyeshe Njia Zako.
Hunderwear
#6 Posted : Friday, September 23, 2011 12:34:18 PM
Rank: Member


Joined: 4/14/2011
Posts: 639
M.Major wrote:
This offer ended sometime late last year or early this year. Consider yourselves served/advised else.......................

The question is which sacco?!
Thermostatic Investor
#7 Posted : Friday, September 23, 2011 1:25:26 PM
Rank: New-farer


Joined: 8/18/2011
Posts: 44
The Sacco is Maisha Bora.I know about last year and i got myself waht I consider a good chunk of the shares. Am just interested in some more. The dividends were good.
theking
#8 Posted : Friday, September 23, 2011 5:04:07 PM
Rank: Member


Joined: 1/25/2010
Posts: 344
just called the sacco,they confirmed the same and claim the market price of CIC is 70/= while they're selling at 27/=. could some1 pls confirm the market price
Mainat
#9 Posted : Friday, September 23, 2011 5:51:05 PM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
Thermo/King-are you contactable?
Sehemu ndio nyumba
theking
#10 Posted : Monday, September 26, 2011 2:43:01 PM
Rank: Member


Joined: 1/25/2010
Posts: 344
give me ur email ad i'll email u
TUPAC
#11 Posted : Monday, September 26, 2011 3:35:25 PM
Rank: Member


Joined: 12/8/2009
Posts: 274
Location: Ltktk
theking wrote:
just called the sacco,they confirmed the same and claim the market price of CIC is 70/= while they're selling at 27/=. could some1 pls confirm the market price

guys these shares are into two classes. the saccos can only sell the cic shares to other saccos(class A shares).
so there is now way you can acquire the (class B) shares thro the sacco.
...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
theking
#12 Posted : Tuesday, September 27, 2011 8:55:49 AM
Rank: Member


Joined: 1/25/2010
Posts: 344
TUPAC wrote:
theking wrote:
just called the sacco,they confirmed the same and claim the market price of CIC is 70/= while they're selling at 27/=. could some1 pls confirm the market price

guys these shares are into two classes. the saccos can only sell the cic shares to other saccos(class A shares).
so there is now way you can acquire the (class B) shares thro the sacco.


u can call maisha bora on 0703 567500, they are indeed selling the shares
Hunderwear
#13 Posted : Tuesday, September 27, 2011 9:28:38 AM
Rank: Member


Joined: 4/14/2011
Posts: 639
Thermostatic Investor wrote:
The Sacco is Maisha Bora.I know about last year and i got myself waht I consider a good chunk of the shares. Am just interested in some more. The dividends were good.

Did you get the certificate in your name or are they in the Sacco's name?
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