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Safaricom Investment Cooperative
yosie14
#171 Posted : Sunday, March 01, 2015 12:51:06 PM
Rank: Member

Joined: 12/17/2013
Posts: 118
Any updates from those who attended the AGM...New share price?
KCB,NMG,PAFR
The optimist
#172 Posted : Sunday, March 01, 2015 2:35:43 PM
Rank: Member

Joined: 6/14/2010
Posts: 521
Location: Nairobi
yosie14 wrote:
Any updates from those who attended the AGM...New share price?

350/-
BGL
#173 Posted : Sunday, March 01, 2015 2:38:40 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
yosie14 wrote:
Any updates from those who attended the AGM...New share price?


The new share price is Ksh350
rebates declared at 25%, out of which 65% was capitalized at Ksh280 and 35% willbe paid out.

The shares register will not be open forever. Once we get to 1.5bn the share will be closed and it is expected by dec 2016. Currently we are at 800mn.
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
yosie14
#174 Posted : Sunday, March 01, 2015 4:39:31 PM
Rank: Member

Joined: 12/17/2013
Posts: 118
BGL wrote:
yosie14 wrote:
Any updates from those who attended the AGM...New share price?


The new share price is Ksh350
rebates declared at 25%
, out of which 65% was capitalized at Ksh280 and 35% willbe paid out.

The shares register will not be open forever. Once we get to 1.5bn the share will be closed and it is expected by dec 2016. Currently we are at 800mn.


Thanks
KCB,NMG,PAFR
Euge
#175 Posted : Sunday, March 01, 2015 6:40:26 PM
Rank: Elder

Joined: 8/4/2008
Posts: 2,849
Location: Rupi
BGL wrote:
yosie14 wrote:
Any updates from those who attended the AGM...New share price?


The new share price is Ksh350
rebates declared at 25%, out of which 65% was capitalized at Ksh280 and 35% willbe paid out.

The shares register will not be open forever. Once we get to 1.5bn the share will be closed and it is expected by dec 2016. Currently we are at 800mn.

@BGL What is the minimum number of shares one can buy?
Lord, thank you!
The optimist
#176 Posted : Sunday, March 01, 2015 7:26:57 PM
Rank: Member

Joined: 6/14/2010
Posts: 521
Location: Nairobi
Euge wrote:
BGL wrote:
yosie14 wrote:
Any updates from those who attended the AGM...New share price?


The new share price is Ksh350
rebates declared at 25%, out of which 65% was capitalized at Ksh280 and 35% willbe paid out.

The shares register will not be open forever. Once we get to 1.5bn the share will be closed and it is expected by dec 2016. Currently we are at 800mn.

@BGL What is the minimum number of shares one can buy?

300 shares has been the minimum number of shares for entry as an individual.
Registration fee Ksh 6000
Euge
#177 Posted : Sunday, March 01, 2015 7:59:00 PM
Rank: Elder

Joined: 8/4/2008
Posts: 2,849
Location: Rupi
The optimist wrote:
Euge wrote:
BGL wrote:
yosie14 wrote:
Any updates from those who attended the AGM...New share price?


The new share price is Ksh350
rebates declared at 25%, out of which 65% was capitalized at Ksh280 and 35% willbe paid out.

The shares register will not be open forever. Once we get to 1.5bn the share will be closed and it is expected by dec 2016. Currently we are at 800mn.

@BGL What is the minimum number of shares one can buy?

300 shares has been the minimum number of shares for entry as an individual.
Registration fee Ksh 6000

Thanks Optimist!
Lord, thank you!
BGL
#178 Posted : Sunday, March 01, 2015 9:06:51 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
registration fee is 10k not 6k.
for an individual to join s(he) requires 115k. 10k payable instantly and 300shares X 350 =105k payable in 3 months.
the figure is slightly higher for groups. x
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
eco
#179 Posted : Sunday, March 01, 2015 9:35:17 PM
Rank: Member

Joined: 6/17/2011
Posts: 229
BGL wrote:
yosie14 wrote:
Any updates from those who attended the AGM...New share price?


The new share price is Ksh350
rebates declared at 25%, out of which 65% was capitalized at Ksh280 and 35% willbe paid out.

The shares register will not be open forever. Once we get to 1.5bn the share will be closed and it is expected by dec 2016. Currently we are at 800mn.


Thanks @BGL. This is yet another great vehicle to multiply money and build wealth. 25% rebates and capital gain of KES 70 per share not bad! I have been reinvesting 100% of my rebates and the growth is terrific!
Mukiri
#180 Posted : Tuesday, March 03, 2015 1:39:16 AM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
eco wrote:
BGL wrote:
yosie14 wrote:
Any updates from those who attended the AGM...New share price?


The new share price is Ksh350
rebates declared at 25%, out of which 65% was capitalized at Ksh280 and 35% willbe paid out.

The shares register will not be open forever. Once we get to 1.5bn the share will be closed and it is expected by dec 2016. Currently we are at 800mn.


Thanks @BGL. This is yet another great vehicle to multiply money and build wealth. 25% rebates and capital gain of KES 70 per share not bad! I have been reinvesting 100% of my rebates and the growth is terrific!

What do you mean? And how do you do it?

Proverbs 19:21
43 Pages«<1617181920>»
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