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Safaricom Investment Cooperative
Pirate
#271 Posted : Monday, September 07, 2015 9:58:44 AM
Rank: Member

Joined: 4/4/2007
Posts: 91
The process of land acquisition with brokers etc and due diligence is more costly than direct purchase from land owner.Additionally , there's a mark up for profit margin on the land . So question is , do you want to be on the side of people complaining about the relatively (but justifiably ) higher prices or a shareholder accruing the benefits from the ongoing rush?
Knowledge is power , but action gets things done ...
The optimist
#272 Posted : Wednesday, September 23, 2015 12:05:12 PM
Rank: Member

Joined: 6/14/2010
Posts: 521
Location: Nairobi
SIC introduces Paybill for share purchase
jerry
#273 Posted : Wednesday, September 23, 2015 7:42:23 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
The optimist wrote:
SIC introduces Paybill for share purchase

Details please? How do I register as a member or it's the same way through an existing member by introduction?
The opposite of courage is not cowardice, it's conformity.
jerry
#274 Posted : Wednesday, September 23, 2015 7:45:25 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
jerry wrote:
The optimist wrote:
SIC introduces Paybill for share purchase

Details please? How do I register as a member or it's the same way through introduction by an already registered member?

The opposite of courage is not cowardice, it's conformity.
quicksand
#275 Posted : Wednesday, September 23, 2015 8:01:00 PM
Rank: Veteran

Joined: 7/5/2010
Posts: 2,061
Location: Nairobi
Pirate wrote:
The process of land acquisition with brokers etc and due diligence is more costly than direct purchase from land owner.Additionally , there's a mark up for profit margin on the land . So question is , do you want to be on the side of people complaining about the relatively (but justifiably ) higher prices or a shareholder accruing the benefits from the ongoing rush?


The value will eventually exceed the cost + markup ...it is a lower risk..cause the day you rush and hand money over for a shifty one you are wiped out 100%. The thought of someone pocketing like one point fae or two mirrion of my money and disappearing into the thin air...ama you get into disputes where you are going to stop a bullet? Too painful.
Still, each to his own. Let the intrepid and the brave stake out their necks and reap fat rewards. May God bless the work of your hands.
murchr
#276 Posted : Thursday, October 01, 2015 4:09:27 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
.
"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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mugo2of3
#277 Posted : Thursday, October 01, 2015 8:37:25 AM
Rank: New-farer

Joined: 5/22/2014
Posts: 78
I have looked around for land in SACCO investment cooperatives, including Stima, Yes, etc, most are online. I am compelled to agree with majority of the posters here that most are over-priced.

Move from ICOs to land-buying companies like PRC (flavor of Classic 105) and the price becomes exorbitant.

This is fueled by a supply-demand chain with the later being composed of a lazy middle-class.
The point of risk is valid but also commensurate with likely returns on future value.

To make money on land through ICOs, be among the 1st few when the officials and staff appetite for easy money has not grown much.

My two cents
C3PO
#278 Posted : Saturday, October 31, 2015 12:34:05 AM
Rank: Hello

Joined: 10/31/2015
Posts: 3
Location: Nairobi
Hello honourable members of Wazua Family. An old friend, from the days of StocksKenya, is happy to be reborn as a Wazualet. Just out of curiosity, has anyone recently (within Oct 2015) sold their SIC shares? What was the price offered? I can't seem to get any shares despite repeatedly bidding the max allowed price, KES 350.
enyands
#279 Posted : Saturday, October 31, 2015 2:03:31 AM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
C3PO wrote:
Hello honourable members of Wazua Family. An old friend, from the days of StocksKenya, is happy to be reborn as a Wazualet. Just out of curiosity, has anyone recently (within Oct 2015) sold their SIC shares? What was the price offered? I can't seem to get any shares despite repeatedly bidding the max allowed price, KES 350.


Email this lady she is very helpful . sopiyo@Safaricom.co.ke
+254722005627 I purchased the shares through her and she can guide you on how to get them. If you can't find her ask for George njenga on the same number
MaichBlack
#280 Posted : Saturday, October 31, 2015 10:51:33 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,838
enyands wrote:
C3PO wrote:
Hello honourable members of Wazua Family. An old friend, from the days of StocksKenya, is happy to be reborn as a Wazualet. Just out of curiosity, has anyone recently (within Oct 2015) sold their SIC shares? What was the price offered? I can't seem to get any shares despite repeatedly bidding the max allowed price, KES 350.


Email this lady she is very helpful . sopiyo@Safaricom.co.ke
+254722005627 I purchased the shares through her and she can guide you on how to get them. If you can't find her ask for George njenga on the same number

I thought you could buy directly from SIC. OR they closed share sales???

I am still planning to get in some time next year.
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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