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Safaricom Investment Cooperative
murchr
#341 Posted : Friday, April 08, 2016 3:45:53 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Who has tried to bid in the secondary market? Do you have to bid 100+?
"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
.
jerry
#342 Posted : Friday, April 08, 2016 9:43:06 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
enyands wrote:
harrydre wrote:
enyands wrote:
harrydre wrote:
I want to join, any existing member willing to introduce me? please email wazuaharrydre@gmail.com

nitanunua pombe.



If you want to join safaricom sacco then you need someone to introduce you .but if you want to join safaricom INVESTMENT cooperative you need no one .email them and you will get started pngari@safaricom.co.ke


Thanks, my interest is the S.I.C




Then talk to paul ngari at pngari@safaricom.co.ke

Another question. How much cash does someone need to join and what are the monthly contributions?
The opposite of courage is not cowardice, it's conformity.
Pirate
#343 Posted : Friday, April 08, 2016 11:06:58 AM
Rank: Member

Joined: 4/4/2007
Posts: 91
murchr wrote:
Who has tried to bid in the secondary market? Do you have to bid 100+?


Yes. Minimum number of shares one can float and bid is 100
Knowledge is power , but action gets things done ...
Pirate
#344 Posted : Friday, April 08, 2016 1:52:22 PM
Rank: Member

Joined: 4/4/2007
Posts: 91
jerry wrote:
enyands wrote:
harrydre wrote:
enyands wrote:
harrydre wrote:
I want to join, any existing member willing to introduce me? please email wazuaharrydre@gmail.com

nitanunua pombe.



If you want to join safaricom sacco then you need someone to introduce you .but if you want to join safaricom INVESTMENT cooperative you need no one .email them and you will get started pngari@safaricom.co.ke


Thanks, my interest is the S.I.C




Then talk to paul ngari at pngari@safaricom.co.ke

Another question. How much cash does someone need to join and what are the monthly contributions?


Minimum monthly contributions is 3k per month . To be a member , one requires to have a min of 300 shares (at 435 /share) + 10k joining fee . 140,500 Kes in total.
Knowledge is power , but action gets things done ...
murchr
#345 Posted : Friday, April 08, 2016 2:11:05 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Pirate wrote:
murchr wrote:
Who has tried to bid in the secondary market? Do you have to bid 100+?


Yes. Minimum number of shares one can float and bid is 100


I saw a sell bid of 78 shares and other numbers that were not in hundreds like 158 etc. And should the account have money before trading?
"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
.
Pirate
#346 Posted : Monday, April 11, 2016 11:20:24 AM
Rank: Member

Joined: 4/4/2007
Posts: 91
murchr wrote:
Pirate wrote:
murchr wrote:
Who has tried to bid in the secondary market? Do you have to bid 100+?


Yes. Minimum number of shares one can float and bid is 100


I saw a sell bid of 78 shares and other numbers that were not in hundreds like 158 etc. And should the account have money before trading?


Interesting. I assumed since the minimum one can float is 100 , the same should apply. One should have money deposited in the SIC account before trading. It's a new rule ,after launch for the online platform .
Knowledge is power , but action gets things done ...
murchr
#347 Posted : Tuesday, August 30, 2016 6:37:06 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
I have been getting a message "SIC grants you chance to use your monthly contribution to buy secondary shares and earn more benefits." Does anyone know if the share register has been closed?
"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
.
enyands
#348 Posted : Tuesday, August 30, 2016 8:26:29 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
murchr wrote:
I have been getting a message "SIC grants you chance to use your monthly contribution to buy secondary shares and earn more benefits." Does anyone know if the share register has been closed?


I got the same too
enyands
#349 Posted : Tuesday, October 18, 2016 7:24:54 AM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
What's the latest in this bus
enyands
#350 Posted : Tuesday, October 18, 2016 6:33:29 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
murchr wrote:
I have been getting a message "SIC grants you chance to use your monthly contribution to buy secondary shares and earn more benefits." Does anyone know if the share register has been closed?


Talked to someone who mentioned that they are still like usual. Bought monthly last month ,this month.so it's for those who want kadiscount
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