Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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BGL wrote:Pesa Nane wrote:Aguytrying wrote:Pesa Nane wrote:Aguytrying wrote:@martconsult. Kindly send me the annual report to aguydsk at gmail dot com @Aguytrying, flash the highlights of this thing (Gem or Germ?). Thanks germ or gem. haha. I will go through it. but ukiona BGL hapa.... we're in safe hands @BGL, over to you. UNAITAS is a solid rock. Just look at their financials for last year and subsequent years. Regarding share ownership: Just walk into ANY of their branches (Nairobi city has two) and request for a printout. Cheers @BGL. Pesa Nane plans to be shilingi when he grows up.
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Rank: New-farer Joined: 3/1/2014 Posts: 82
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Pesa Nane wrote:Aguytrying wrote:@martconsult. Kindly send me the annual report to aguydsk at gmail dot com @Aguytrying, flash the highlights of this thing (Gem or Germ?). Thanks I thought about it this way, when am contributing to a SACCO monthly, I only get to gain dividends and increase the amount I can borrow. With UNAITAS I can do both only with an upside of selling later at a profit, not counting bonus shares etc “The beauty of success is that it doesn’t matter how many times you have failed, you only have to be right once and then everyone can tell you how lucky you are.” - Mark Cuban
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Rank: New-farer Joined: 6/3/2014 Posts: 58 Location: Nairobi
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BGL wrote:Pesa Nane wrote:Aguytrying wrote:Pesa Nane wrote:Aguytrying wrote:@martconsult. Kindly send me the annual report to aguydsk at gmail dot com @Aguytrying, flash the highlights of this thing (Gem or Germ?). Thanks germ or gem. haha. I will go through it. but ukiona BGL hapa.... we're in safe hands @BGL, over to you. UNAITAS is a solid rock. Just look at their financials for last year and subsequent years. Regarding share ownership: Just walk into ANY of their branches (Nairobi city has two) and request for a printout. Look at their financials performance over the last 3 years. The numbers just keep going up. Be ignorant and ask a few questions - Peter Drucker
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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I've been buying for the past one week and I'll finish buying this week then go sleep. Wake me up in 2018
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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whiteowl wrote:I've been buying for the past one week and I'll finish buying this week then go sleep. Wake me up in 2018 @stract_consult, whiteowl, are they locking out new members on attaining 1.8Bn core capital or they'll are likely to recruit upto at least end of the year? I'm expecting some bonus in Dec. The opposite of courage is not cowardice, it's conformity.
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Rank: New-farer Joined: 6/3/2014 Posts: 58 Location: Nairobi
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jerry wrote:whiteowl wrote:I've been buying for the past one week and I'll finish buying this week then go sleep. Wake me up in 2018 @stract_consult, whiteowl, are they locking out new members on attaining 1.8Bn core capital or they'll are likely to recruit upto at least end of the year? I'm expecting some bonus in Dec. Hi Jerry not sure about their exact strategy on this. Probably send a query to them? Be ignorant and ask a few questions - Peter Drucker
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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Stract_Consulting wrote:jerry wrote:whiteowl wrote:I've been buying for the past one week and I'll finish buying this week then go sleep. Wake me up in 2018 @stract_consult, whiteowl, are they locking out new members on attaining 1.8Bn core capital or they'll are likely to recruit upto at least end of the year? I'm expecting some bonus in Dec. Hi Jerry not sure about their exact strategy on this. Probably send a query to them? The official stand is that they'll lock out people after reaching 1.8B but I'm thinking they can extend it to 2 or 2.3B. Either way that wouldn't make much of a difference considering the speed at which guys are buying the shares. They moved from 800M in Dec/Jan to 1.3B in May so they can hit their target anytime from now.
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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whiteowl wrote:Stract_Consulting wrote:jerry wrote:whiteowl wrote:I've been buying for the past one week and I'll finish buying this week then go sleep. Wake me up in 2018 @stract_consult, whiteowl, are they locking out new members on attaining 1.8Bn core capital or they'll are likely to recruit upto at least end of the year? I'm expecting some bonus in Dec. Hi Jerry not sure about their exact strategy on this. Probably send a query to them? The official stand is that they'll lock out people after reaching 1.8B but I'm thinking they can extend it to 2 or 2.3B. Either way that wouldn't make much of a difference considering the speed at which guys are buying the shares. They moved from 800M in Dec/Jan to 1.3B in May so they can hit their target anytime from now. Thanks @whiteowl. Your sentiments confirms that there may have been no change in the "official position" since May See more in the article below: http://www.businessdaily...12/-/j0yc8g/-/index.html The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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How many shares have they issued so far...as per the last results out? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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murchr wrote:How many shares have they issued so far...as per the last results out? The shares are not yet issued. they will be when the offer closes around Jan 2015. The amount invested by then will be converted to shares at 10.00 each. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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Afraid of holding more cash in a hard sell, when is it likely to go into the secondary market? Na hii 2018 ya @Whiteowl ni nini?
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Mukiri wrote:Afraid of holding more cash in a hard sell, when is it likely to go into the secondary market? Na hii 2018 ya @Whiteowl ni nini? A strategic plan exists on paper and it's just that. A plan! We have been waiting for UAP to list for sometime now. But you can be sure for UNAITAS the dividends will almost always be "sweet" whether they list or not. The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Mukiri wrote:Afraid of holding more cash in a hard sell, when is it likely to go into the secondary market? Na hii 2018 ya @Whiteowl ni nini? This is not a hard sell... Its an impossible sell! Currently shares are not transferrable or assignable as collateral.. The only returns on the stock are the 7-10% annual dividend yields. This one is only for the patient! Mark 12:29
Deuteronomy 4:16
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Rank: Member Joined: 1/1/2010 Posts: 511 Location: kandara, Murang'a
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guru267 wrote:Mukiri wrote:Afraid of holding more cash in a hard sell, when is it likely to go into the secondary market? Na hii 2018 ya @Whiteowl ni nini? This is not a hard sell... Its an impossible sell! Currently shares are not transferrable or assignable as collateral.. The only returns on the stock are the 7-10% annual dividend yields. This one is only for the patient! I only inject towards year end when at least I know I get the 9 per cent in record time.. which I end up re nvesting! Foresight..
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Rank: Member Joined: 6/14/2010 Posts: 521 Location: Nairobi
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gatoho wrote:guru267 wrote:Mukiri wrote:Afraid of holding more cash in a hard sell, when is it likely to go into the secondary market? Na hii 2018 ya @Whiteowl ni nini? This is not a hard sell... Its an impossible sell! Currently shares are not transferrable or assignable as collateral.. The only returns on the stock are the 7-10% annual dividend yields. This one is only for the patient! I only inject towards year end when at least I know I get the 9 per cent in record time.. which I end up re nvesting! I thought I saw a case of the dividends being issued on a prorated basis depending on the time you purchased your shares.Correct me
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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The optimist wrote:gatoho wrote:guru267 wrote:Mukiri wrote:Afraid of holding more cash in a hard sell, when is it likely to go into the secondary market? Na hii 2018 ya @Whiteowl ni nini? This is not a hard sell... Its an impossible sell! Currently shares are not transferrable or assignable as collateral.. The only returns on the stock are the 7-10% annual dividend yields. This one is only for the patient! I only inject towards year end when at least I know I get the 9 per cent in record time.. which I end up re-investing! I thought I saw a case of the dividends being issued on a prorated basis depending on the time you purchased your shares.Correct me Most SACCOs calculate dividends on monthly balances to avoid cheeky behaviour like @Gatoho's. The opposite of courage is not cowardice, it's conformity.
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Rank: Member Joined: 1/1/2010 Posts: 511 Location: kandara, Murang'a
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The optimist wrote:gatoho wrote:guru267 wrote:Mukiri wrote:Afraid of holding more cash in a hard sell, when is it likely to go into the secondary market? Na hii 2018 ya @Whiteowl ni nini? This is not a hard sell... Its an impossible sell! Currently shares are not transferrable or assignable as collateral.. The only returns on the stock are the 7-10% annual dividend yields. This one is only for the patient! I only inject towards year end when at least I know I get the 9 per cent in record time.. which I end up re nvesting! I thought I saw a case of the dividends being issued on a prorated basis depending on the time you purchased your shares.Correct me You stand corrected. Year in yr out, I always get 9percent of 31st Dec holding. Foresight..
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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gatoho wrote:The optimist wrote:gatoho wrote:guru267 wrote:Mukiri wrote:Afraid of holding more cash in a hard sell, when is it likely to go into the secondary market? Na hii 2018 ya @Whiteowl ni nini? This is not a hard sell... Its an impossible sell! Currently shares are not transferrable or assignable as collateral.. The only returns on the stock are the 7-10% annual dividend yields. This one is only for the patient! I only inject towards year end when at least I know I get the 9 per cent in record time.. which I end up re nvesting! I thought I saw a case of the dividends being issued on a prorated basis depending on the time you purchased your shares.Correct me You stand corrected. Year in yr out, I always get 9percent of 31st Dec holding. We shall have to stop that! The opposite of courage is not cowardice, it's conformity.
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Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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guru267 wrote:Mukiri wrote:Afraid of holding more cash in a hard sell, when is it likely to go into the secondary market? Na hii 2018 ya @Whiteowl ni nini? This is not a hard sell... Its an impossible sell! Currently shares are not transferrable or assignable as collateral.. The only returns on the stock are the 7-10% annual dividend yields. This one is only for the patient! @guru, you can sell the shares but at a loss mostly around 7bob having bought the same at 10bob. The main purpose of the stock market is to make fools of as many people as possible.
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