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Safaricom Investment Cooperative
Pirate
#351 Posted : Wednesday, October 19, 2016 10:59:55 AM
Rank: Member

Joined: 4/4/2007
Posts: 91
enyands wrote:
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


Well remember when you buy monthly , the rate is 435/- and your rebates are prorated, but from the secondary market , its 405/- more often than not plus you get full year dividends.

On another note , SIC have had a good run this year with land and property sales . Expecting performance of about 25-30% end of year .
Knowledge is power , but action gets things done ...
enyands
#352 Posted : Wednesday, October 19, 2016 3:38:29 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Pirate wrote:
enyands wrote:
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


Well remember when you buy monthly , the rate is 435/- and your rebates are prorated, but from the secondary market , its 405/- more often than not plus you get full year dividends.

On another note , SIC have had a good run this year with land and property sales . Expecting performance of about 25-30% end of year .



You rock pirate. Thanks. How about stima na hii kitu ingine inaitwa UNAITAS
Pirate
#353 Posted : Wednesday, November 09, 2016 10:04:44 AM
Rank: Member

Joined: 4/4/2007
Posts: 91
enyands wrote:
Pirate wrote:
enyands wrote:
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


Well remember when you buy monthly , the rate is 435/- and your rebates are prorated, but from the secondary market , its 405/- more often than not plus you get full year dividends.

On another note , SIC have had a good run this year with land and property sales . Expecting performance of about 25-30% end of year .



You rock pirate. Thanks. How about stima na hii kitu ingine inaitwa UNAITAS


Stima Cooperative have been performing relatively well . They gave rebates of 21% in 2014 and 23% for 2015 financial year. A substantial amount coming from land sales and rental income. Planning to join it in 2017. As for UNAITAS ,I have not much information on it
Knowledge is power , but action gets things done ...
Mainat
#354 Posted : Wednesday, November 09, 2016 10:16:20 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Pirate-does one has to be a member to buy the shares?
Pirate wrote:
enyands wrote:
Pirate wrote:
enyands wrote:
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


Well remember when you buy monthly , the rate is 435/- and your rebates are prorated, but from the secondary market , its 405/- more often than not plus you get full year dividends.

On another note , SIC have had a good run this year with land and property sales . Expecting performance of about 25-30% end of year .



You rock pirate. Thanks. How about stima na hii kitu ingine inaitwa UNAITAS


Stima Cooperative have been performing relatively well . They gave rebates of 21% in 2014 and 23% for 2015 financial year. A substantial amount coming from land sales and rental income. Planning to join it in 2017. As for UNAITAS ,I have not much information on it

Sehemu ndio nyumba
Pirate
#355 Posted : Wednesday, November 09, 2016 11:43:00 AM
Rank: Member

Joined: 4/4/2007
Posts: 91
Yep. For Stima Cooperative : 5k joining fee and purchase of 300 shares @ 200 bob each. Monthly minimum contributions of 2500
Mainat wrote:
Pirate-does one has to be a member to buy the shares?
Pirate wrote:
enyands wrote:
Pirate wrote:
enyands wrote:
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


Well remember when you buy monthly , the rate is 435/- and your rebates are prorated, but from the secondary market , its 405/- more often than not plus you get full year dividends.

On another note , SIC have had a good run this year with land and property sales . Expecting performance of about 25-30% end of year .



You rock pirate. Thanks. How about stima na hii kitu ingine inaitwa UNAITAS


Stima Cooperative have been performing relatively well . They gave rebates of 21% in 2014 and 23% for 2015 financial year. A substantial amount coming from land sales and rental income. Planning to join it in 2017. As for UNAITAS ,I have not much information on it


Knowledge is power , but action gets things done ...
Mainat
#356 Posted : Wednesday, November 09, 2016 3:20:17 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
@pirate, thanks. what about safaricom
Sehemu ndio nyumba
enyands
#357 Posted : Wednesday, November 09, 2016 3:44:45 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Mainat wrote:
@pirate, thanks. what about safaricom



Mainat si you can go to their websites and all info is there. You can even get their number and call them www.sic.co.ke
yosie14
#358 Posted : Wednesday, November 09, 2016 6:03:19 PM
Rank: Member

Joined: 12/17/2013
Posts: 118
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?


Me too I have been getting this nessage and it didnt make sense to me.
Only yesterday I noticed they decided to do this after they noticed no one was buying the secondary shares and a big backlog dated from as early as April needed to be cleared. If you teied to sell your shares in July your lot is still in the market todate andso is anyone who floated his tbereafter. Why this is happening I have no idea. Too many people selling out? Why? Still no answer(asking myself)
KCB,NMG,PAFR
murchr
#359 Posted : Wednesday, November 09, 2016 6:12:04 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Mainat wrote:
@pirate, thanks. what about safaricom


@Mainat, I know you follow the money religiously so am abit shocked you aint in these buses. smile Anyway, what's you quick money penny stock this 1/4? 2016 has not been very kind.
"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
.
Mainat
#360 Posted : Wednesday, November 09, 2016 9:14:04 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Time is a precious commodity these days. Haven't been able to follow penny stocks for a while. Moved to fx after successfully playing the GBP down. It's actually fun because you don't have to rely on a broker.
Would advise you try especially now that Drump's presidency will almost increase currency vol for the foreseeable future.

murchr wrote:
Mainat wrote:
@pirate, thanks. what about safaricom


@Mainat, I know you follow the money religiously so am abit shocked you aint in these buses. smile Anyway, what's you quick money penny stock this 1/4? 2016 has not been very kind.

Sehemu ndio nyumba
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