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UNAITAS
The optimist
#421 Posted : Thursday, February 05, 2015 4:32:30 PM
Rank: Member


Joined: 6/14/2010
Posts: 521
Location: Nairobi
When do they issue dividends?
The optimist
#422 Posted : Thursday, February 05, 2015 4:35:36 PM
Rank: Member


Joined: 6/14/2010
Posts: 521
Location: Nairobi
When do they issue dividends?
Mucene
#423 Posted : Wednesday, February 11, 2015 10:33:17 PM
Rank: Member


Joined: 8/4/2012
Posts: 155
Location: Kenya
When is the AGM?
If you don't want to go to plan B have a good plan A.
jerry
#424 Posted : Wednesday, February 11, 2015 11:38:33 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
Mucene wrote:
When is the AGM?

Hata kama ni "mucene", unataka kujua siku ya AGM? sometime in April.
The opposite of courage is not cowardice, it's conformity.
gatoho
#425 Posted : Friday, February 13, 2015 7:29:27 AM
Rank: Member


Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
jerry wrote:
Mucene wrote:
When is the AGM?

Hata kama ni "mucene", unataka kujua siku ya AGM? sometime in April.

It's actually March. Divs pay April
Foresight..
jerry
#426 Posted : Friday, February 13, 2015 1:11:08 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
gatoho wrote:
jerry wrote:
Mucene wrote:
When is the AGM?

Hata kama ni "mucene", unataka kujua siku ya AGM? sometime in April.

It's actually March. Divs pay April

If it's March then we need to know so that we prepare (1) psychologically!, and (2) to attend.
The opposite of courage is not cowardice, it's conformity.
streetwise
#427 Posted : Friday, February 13, 2015 2:05:02 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
With saccos you need to attend as they will eat alot of your money that day
gatoho
#428 Posted : Sunday, February 15, 2015 7:47:51 AM
Rank: Member


Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
jerry wrote:
gatoho wrote:
jerry wrote:
Mucene wrote:
When is the AGM?

Hata kama ni "mucene", unataka kujua siku ya AGM? sometime in April.

It's actually March. Divs pay April

If it's March then we need to know so that we prepare (1) psychologically!, and (2) to attend.

You can't just attend. Only chosen/elected delegates do. I don't know how they are chosen/elected.
Foresight..
Kastone
#429 Posted : Friday, February 27, 2015 11:43:22 AM
Rank: New-farer


Joined: 3/1/2014
Posts: 82
gatoho wrote:
jerry wrote:
gatoho wrote:
jerry wrote:
Mucene wrote:
When is the AGM?

Hata kama ni "mucene", unataka kujua siku ya AGM? sometime in April.

It's actually March. Divs pay April

If it's March then we need to know so that we prepare (1) psychologically!, and (2) to attend.

You can't just attend. Only chosen/elected delegates do. I don't know how they are chosen/elected.


They come from the roots i.e. farmers. Once they become a bank, it'll be a different story
“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
BGL
#430 Posted : Saturday, March 07, 2015 4:19:45 PM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
Mucene wrote:
When is the AGM?


March 27th
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
The optimist
#431 Posted : Thursday, March 12, 2015 2:26:41 PM
Rank: Member


Joined: 6/14/2010
Posts: 521
Location: Nairobi
gatoho wrote:
jerry wrote:
Mucene wrote:
When is the AGM?

Hata kama ni "mucene", unataka kujua siku ya AGM? sometime in April.

It's actually March. Divs pay April

AGM March 27th,Div Payment AprilSad
enyands
#432 Posted : Thursday, March 12, 2015 7:20:04 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,301
Location: kenya
The optimist wrote:
gatoho wrote:
jerry wrote:
Mucene wrote:
When is the AGM?

Hata kama ni "mucene", unataka kujua siku ya AGM? sometime in April.

It's actually March. Divs pay April

AGM March 27th,Div Payment AprilSad


if I bought my shares in January 2015 do I still qualify for the dividends this coming April
BGL
#433 Posted : Friday, March 13, 2015 11:47:54 AM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
enyands wrote:
The optimist wrote:
gatoho wrote:
jerry wrote:
Mucene wrote:
When is the AGM?

Hata kama ni "mucene", unataka kujua siku ya AGM? sometime in April.

It's actually March. Divs pay April

AGM March 27th,Div Payment AprilSad


if I bought my shares in January 2015 do I still qualify for the dividends this coming April


NO
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
Aguytrying
#434 Posted : Friday, March 13, 2015 12:08:21 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
BGL wrote:
Mucene wrote:
When is the AGM?


March 27th


Lets hope an end point to the raising of funds via shares will be announced
The investor's chief problem - and even his worst enemy - is likely to be himself
jerry
#435 Posted : Friday, March 13, 2015 1:44:43 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
Aguytrying wrote:
BGL wrote:
Mucene wrote:
When is the AGM?


March 27th


Lets hope an end point to the raising of funds via shares will be announced

Why do you need an end to raising funds?
The opposite of courage is not cowardice, it's conformity.
Pesa Nane
#436 Posted : Sunday, March 15, 2015 2:59:49 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Aguytrying wrote:
BGL wrote:
Mucene wrote:
When is the AGM?


March 27th


Lets hope an end point to the raising of funds via shares will be announced

Close, close, close (or at least load a premium to the share price!)

#FoundersPayDay
Pesa Nane plans to be shilingi when he grows up.
ruwesh
#437 Posted : Monday, March 16, 2015 10:21:28 AM
Rank: New-farer


Joined: 2/4/2015
Posts: 15
Location: nairobi
Pesa Nane wrote:
Aguytrying wrote:
BGL wrote:
Mucene wrote:
When is the AGM?


March 27th


Lets hope an end point to the raising of funds via shares will be announced

Close, close, close (or at least load a premium to the share price!)

#FoundersPayDay


As long as they are still expanding,tha sale cannot stop,they desperately need the funds not forgetting also they are still a sacco.
Pesa Nane
#438 Posted : Sunday, March 22, 2015 9:29:33 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Unaitas boosts its share capital ahead of change to bank

Net profits FLAT at Sh258.56 million in 2014 Vs Sh246.66 million in 2013.

2014 Loans and advances 33% up to Sh4.85 billion Vs Sh3.64 billion in 2013.

Share capital Sh1.44 billion in 2014 Vs Sh693 million in 2013

Sacco membership increased 43 per cent to 200,000

Revenue reserves up 46% to Sh461.8 million from Sh316.9 million in 2013

"Unaitas chief executive Tony Mwangi said the lender has been increasing its reserves in preparation for the conversion [into a commercial bank] and listing on the NSE which is expected to happen in 2018"
Pesa Nane plans to be shilingi when he grows up.
The optimist
#439 Posted : Sunday, March 22, 2015 11:16:43 PM
Rank: Member


Joined: 6/14/2010
Posts: 521
Location: Nairobi
Pesa Nane wrote:
Unaitas boosts its share capital ahead of change to bank

Net profits FLAT at Sh258.56 million in 2014 Vs Sh246.66 million in 2013.

2014 Loans and advances 33% up to Sh4.85 billion Vs Sh3.64 billion in 2013.

Share capital Sh1.44 billion in 2014 Vs Sh693 million in 2013

Sacco membership increased 43 per cent to 200,000

Revenue reserves up 46% to Sh461.8 million from Sh316.9 million in 2013

"Unaitas chief executive Tony Mwangi said the lender has been increasing its reserves in preparation for the conversion [into a commercial bank] and listing on the NSE which is expected to happen in 2018"

Anyone with a copy of 2014 results?
MaichBlack
#440 Posted : Monday, March 23, 2015 7:56:05 AM
Rank: Elder


Joined: 7/22/2009
Posts: 7,561
Pesa Nane wrote:
Unaitas boosts its share capital ahead of change to bank

Net profits FLAT at Sh258.56 million in 2014 Vs Sh246.66 million in 2013.

2014 Loans and advances 33% up to Sh4.85 billion Vs Sh3.64 billion in 2013.

Share capital Sh1.44 billion in 2014 Vs Sh693 million in 2013

Sacco membership increased 43 per cent to 200,000

Revenue reserves up 46% to Sh461.8 million from Sh316.9 million in 2013

"Unaitas chief executive Tony Mwangi said the lender has been increasing its reserves in preparation for the conversion [into a commercial bank] and listing on the NSE which is expected to happen in 2018"

At this rate, are you guys really going to get dividends at your usual rate or it will be more like 5%?

This stock is on my wish list. I am planning to buy in some time this year. The reasons I haven't boarded this bus yet are:-

1) I am waiting to see how the increase in number of shares affects dividend payouts (Not so important long term but important short term because there is virtually no capital gains till they close the register/stop selling the shares)

2) I have some other investments I need(ed) to finance. The first was Housing Finance rights which I threw everything I had (hoping for no or minimal refunds). Two more then Unaitas.

3) I am hoping I can get an indication of when the share sale is likely to close. 9% dividend yield with 0% capital gains is very tame! Getting in just before they slam the door shut would be the ideal situation for me!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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