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Safaricom AGM on 19-Aug-2009
Impunity
#1 Posted : Monday, July 27, 2009 10:38:00 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
This will be at Kassarani's Moi's Sport Centre.Will all the mama mbogas fit at the venue?And how many bottles of coke will flow to satisfy their 'anger'.

The Hague...or Local Triburnal ama TJRC.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

VituVingiSana
#2 Posted : Monday, July 27, 2009 10:48:00 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Mama Mbogas are smart. They have got their biasharas to take care of.

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Layman
#3 Posted : Monday, July 27, 2009 10:56:00 AM
Rank: Member


Joined: 9/21/2006
Posts: 422
Location: Nairobi
Impunity,MJ said there will not be anything to sharehilders,even a bottle of water. Shareholder will be expected to attend,listen to the directors,ask quations and walk away. Gifts,Eating and drinking is not part of their AGM!

The future is already here!
VituVingiSana
#4 Posted : Monday, July 27, 2009 11:01:00 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
You buy shares for DIVIDENDS & CAPITAL APPRECIATION & not for sodas. Will kubaffs riot bila sodas?

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Impunity
#5 Posted : Monday, July 27, 2009 11:57:00 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
Watang'oa stadium...

The Hague...or Local Triburnal ama TJRC.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Djinn
#6 Posted : Monday, July 27, 2009 2:08:00 PM
Rank: Elder


Joined: 11/13/2008
Posts: 1,565
Actually,it makes sense to cut back on those costs - having gotten so much as dividend,and say,given the total number of shares one has,for example,if the total dividend is even five times worth a soda,I'd not grumble that Safaricom is NOT spending 'my money' to buy me a soda (for giving them money to grow the company). But as a Zain die hard - I can't wait to see what a circus it will be.

The problem with equality is that we desire that it be with those that have more than us rather that those that have less
Sober
#7 Posted : Tuesday, July 28, 2009 6:34:00 AM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
only 30,000 shareholders are to attend. anyone who has received any form of notification? i doubt if the mama mbogas will make it there.

A likely impossibility is always preferable to an unconvincing posibility.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Waria
#8 Posted : Tuesday, July 28, 2009 8:26:00 AM
Rank: Member


Joined: 10/11/2007
Posts: 213
As stated elsewhere...the retained retained earnings will not translate into anything for the individual share holder

Take your soda and run...

Me first,U next
Much Know
#9 Posted : Wednesday, August 19, 2009 7:12:00 AM
Rank: Elder


Joined: 12/6/2008
Posts: 3,548
Is the stadium full? another Kisirani...today Sk is a bit slow......watu wako stadium ama?

Ninajua Yote!
A New Kenya
maia
#10 Posted : Wednesday, August 19, 2009 11:45:00 AM
Rank: Member


Joined: 1/28/2009
Posts: 34
NAIROBI,Aug 19 (Reuters) - Kenya's leading mobile firm Safaricom (SCOM.NR) said on Wednesday it was considering a share consolidation to cut the number of its shares in the market.


'There are a number of proposals to try and reduce the number of shares in circulation,' chief executive officer Michael Joseph told a news conference after the firm's first annual general meeting. (Reporting by Duncan Miriri)
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