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CIC BONUS SHARES
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wannaberich
#1 Posted : Thursday, July 31, 2014 2:33:36 PM
Rank: Member


Joined: 4/24/2014
Posts: 159
Location: Nairobi
Is it just me who hasnt received CIC bonus shares?
Money comes and goes. When you have it enjoy it.
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Othelo
#2 Posted : Thursday, July 31, 2014 2:36:47 PM
Rank: User


Joined: 1/20/2014
Posts: 3,528
Books closure was yesterday. Give them time to sort out the accounts before crediting ...... 2/3 weeks! on the outside
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Tall Order
#3 Posted : Thursday, July 31, 2014 2:45:56 PM
Rank: Member


Joined: 5/9/2014
Posts: 130
Location: Nairobi
I agree with @Othelo on this one, the shares can't be credited that quickly post bonus, I suppose time is needed to sort out those who were on their books before closure and who is entitled to what?
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wannaberich
#4 Posted : Thursday, July 31, 2014 3:46:42 PM
Rank: Member


Joined: 4/24/2014
Posts: 159
Location: Nairobi
Othelo wrote:
Books closure was yesterday. Give them time to sort out the accounts before crediting ...... 2/3 weeks! on the outside



They closed their books on 24 June and even paid out dividends.
Money comes and goes. When you have it enjoy it.
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Othelo
#5 Posted : Thursday, July 31, 2014 3:49:22 PM
Rank: User


Joined: 1/20/2014
Posts: 3,528
wannaberich wrote:
Othelo wrote:
Books closure was yesterday. Give them time to sort out the accounts before crediting ...... 2/3 weeks! on the outside



They closed their books on 24 June and even paid out dividends.

If you followed the 411 dividend thread, CIC had different dates for books closure for cum dividend and cum bonus!
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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jawgey
#6 Posted : Thursday, July 31, 2014 4:00:12 PM
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Joined: 1/13/2014
Posts: 386
Location: Denmark
wannaberich wrote:
Othelo wrote:
Books closure was yesterday. Give them time to sort out the accounts before crediting ...... 2/3 weeks! on the outside



They closed their books on 24 June and even paid out dividends.


@wannabe.. update yourself link
Seeing is believing
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tajiriaggrey
#7 Posted : Thursday, July 31, 2014 4:14:18 PM
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Joined: 7/29/2014
Posts: 10
Location: BUNGOMA
Thinking of jumping on this ship...
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wannaberich
#8 Posted : Thursday, July 31, 2014 4:42:27 PM
Rank: Member


Joined: 4/24/2014
Posts: 159
Location: Nairobi
jawgey wrote:
wannaberich wrote:
Othelo wrote:
Books closure was yesterday. Give them time to sort out the accounts before crediting ...... 2/3 weeks! on the outside



They closed their books on 24 June and even paid out dividends.


@wannabe.. update yourself link




ooooooww thanks book closure for bonus on 30th June Drool d'oh! d'oh!
Money comes and goes. When you have it enjoy it.
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Othelo
#9 Posted : Thursday, July 31, 2014 4:48:11 PM
Rank: User


Joined: 1/20/2014
Posts: 3,528
wannaberich wrote:
jawgey wrote:
wannaberich wrote:
Othelo wrote:
Books closure was yesterday. Give them time to sort out the accounts before crediting ...... 2/3 weeks! on the outside



They closed their books on 24 June and even paid out dividends.


@wannabe.. update yourself link




ooooooww thanks book closure for bonus on 30th June Drool d'oh! d'oh!

Yawa!!!!!!!!!!!!
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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jawgey
#10 Posted : Thursday, July 31, 2014 5:34:38 PM
Rank: Member


Joined: 1/13/2014
Posts: 386
Location: Denmark
Othelo wrote:
wannaberich wrote:
jawgey wrote:
wannaberich wrote:
Othelo wrote:
Books closure was yesterday. Give them time to sort out the accounts before crediting ...... 2/3 weeks! on the outside



They closed their books on 24 June and even paid out dividends.


@wannabe.. update yourself link




ooooooww thanks book closure for bonus on 30th June Drool d'oh! d'oh!

Yawa!!!!!!!!!!!!


haha Kwisha! Laughing out loudly
Seeing is believing
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wannaberich
#11 Posted : Friday, August 01, 2014 9:26:36 AM
Rank: Member


Joined: 4/24/2014
Posts: 159
Location: Nairobi
jawgey wrote:
Othelo wrote:
wannaberich wrote:
jawgey wrote:
wannaberich wrote:
Othelo wrote:
Books closure was yesterday. Give them time to sort out the accounts before crediting ...... 2/3 weeks! on the outside



They closed their books on 24 June and even paid out dividends.


@wannabe.. update yourself link




ooooooww thanks book closure for bonus on 30th June Drool d'oh! d'oh!

Yawa!!!!!!!!!!!!


haha Kwisha! Laughing out loudly


Inaitwa masaibu ya pesa d'oh!
Money comes and goes. When you have it enjoy it.
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jawgey
#12 Posted : Friday, August 01, 2014 10:59:53 AM
Rank: Member


Joined: 1/13/2014
Posts: 386
Location: Denmark
wannaberich wrote:
jawgey wrote:
Othelo wrote:
wannaberich wrote:
jawgey wrote:
wannaberich wrote:
Othelo wrote:
Books closure was yesterday. Give them time to sort out the accounts before crediting ...... 2/3 weeks! on the outside



They closed their books on 24 June and even paid out dividends.


@wannabe.. update yourself link




ooooooww thanks book closure for bonus on 30th June Drool d'oh! d'oh!

Yawa!!!!!!!!!!!!


haha Kwisha! Laughing out loudly


Inaitwa masaibu ya pesa d'oh!


I hope ushajua book closure for bonus was on 31st July I.e yesterday ..
Seeing is believing
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Boris Boyka
#13 Posted : Friday, August 01, 2014 11:26:24 AM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
jawgey wrote:
wannaberich wrote:
jawgey wrote:
Othelo wrote:
wannaberich wrote:
jawgey wrote:
wannaberich wrote:
Othelo wrote:
Books closure was yesterday. Give them time to sort out the accounts before crediting ...... 2/3 weeks! on the outside



They closed their books on 24 June and even paid out dividends.


@wannabe.. update yourself link




ooooooww thanks book closure for bonus on 30th June Drool d'oh! d'oh!

Yawa!!!!!!!!!!!!


haha Kwisha! Laughing out loudly


Inaitwa masaibu ya pesa d'oh!


I hope ushajua book closure for bonus was on 31st July I.e yesterday ..

more confusing!!! nyii watu books closure was JUZI 30 JULY.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Mucene
#14 Posted : Friday, August 01, 2014 2:13:22 PM
Rank: Member


Joined: 8/4/2012
Posts: 155
Location: Kenya
Lots of confusion here but as @Boris says, books closure for the bonus was 30 July 2014

http://cic.co.ke/wp-cont...06/AGM-NOTICE-2014CC.pdf
If you don't want to go to plan B have a good plan A.
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Blessings
#15 Posted : Friday, August 01, 2014 2:31:53 PM
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Joined: 7/26/2014
Posts: 7
Me to waiting for my Bonus from CIC, my brokers told i will get the cheque soon,dint give any exactly dates
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Angelica _ann
#16 Posted : Friday, August 01, 2014 2:43:05 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
Blessings wrote:
Me to waiting for my Bonus from CIC, my brokers told i will get the cheque soon,dint give any exactly dates

Cheque for bonus..... real blessings that is!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Boris Boyka
#17 Posted : Friday, August 01, 2014 2:57:48 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
Angelica _ann wrote:
Blessings wrote:
Me to waiting for my Bonus from CIC, my brokers told i will get the cheque soon,dint give any exactly dates

Cheque for bonus..... real blessings that is!

Haha hee. woooi @Blessings these are BONUS SHARES how will your broker convert them to cheque or you instructed them to sell immediately they reflect?? Find the diff between bonus shares & bonus cash!!
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Wondergirl
#18 Posted : Friday, August 01, 2014 3:02:41 PM
Rank: Member


Joined: 9/12/2009
Posts: 312
Blessings wrote:
Me to waiting for my Bonus from CIC, my brokers told i will get the cheque soon,dint give any exactly dates

Shame on you Shame on you @ blessings, there is someone lying, either you or your broker......
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hisah
#19 Posted : Friday, August 01, 2014 3:03:05 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
CIC confusion galore here. Seems guys can't differentiate between dividends and bonus shares.

CIC announced a 1st & Final dividend of Kes.0.10 on 12 Mar 2014. Books closure 24 June 2014. Went exdiv after 24-06-2014

CIC announced Bonus ratio of 1:5 on 12 Mar 2014. Books closure 30 July 2014. Went exbonus after 30-07-2014


I'm sure by now dividends have been paid. Someone can confirm this.

Bonus shares will be credited later in your CDSC account. This you can find out from the CIC share registrar - Co-operative Bank Shares Registrars.

Payment was for dividends not bonus shares. I hope this clears the confusion.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Boris Boyka
#20 Posted : Friday, August 01, 2014 3:59:23 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
hisah wrote:
CIC confusion galore here. Seems guys can't differentiate between dividends and bonus shares.

CIC announced a 1st & Final dividend of Kes.0.10 on 12 Mar 2014. Books closure 24 June 2014. Went exdiv after 24-06-2014

CIC announced Bonus ratio of 1:5 on 12 Mar 2014. Books closure 30 July 2014. Went exbonus after 30-07-2014


I'm sure by now dividends have been paid. Someone can confirm this.

Bonus shares will be credited later in your CDSC account. This you can find out from the CIC share registrar - Co-operative Bank Shares Registrars.

Payment was for dividends not bonus shares. I hope this clears the confusion.

@hisah just few wazuans who didn't update themselves with The 411 Dvdnd thread where I stated these dates and further gave this link www.wazua.co.ke/investor/corporateevents.aspx
. anyway Dvdnd came in through both eft & pothita (snail mail) tukamaliza.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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