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Stanlib Fahari FY18
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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 Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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 Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Quote:Property development in progress:
Construction work to install a three screen cinema (with about 100 seats each) at Greenspan Mall is nearing completion and the tenant is expected to begin operating from Q2 2019. This development will strengthen the mall’s entertainment offering and is expected to increase foot traffic, benefit existing and future tenants and increase rental income. Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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The distribution amounts to 75 cents per unit (2017: 75 cents per unit) and is payable by no later than 30 April 2019. Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Rank: Member Joined: 5/2/2018 Posts: 267
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Pesa Nane wrote:The distribution amounts to 75 cents per unit (2017: 75 cents per unit) and is payable by no later than 30 April 2019. All tax-free!
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Rank: Member Joined: 5/2/2018 Posts: 267
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Superprime1 wrote:Pesa Nane wrote:The distribution amounts to 75 cents per unit (2017: 75 cents per unit) and is payable by no later than 30 April 2019. All tax-free! Is the book closure date same day as AGM? It's not expressly stated.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Superprime1 wrote:Superprime1 wrote:Pesa Nane wrote: The distribution amounts to 75 cents per unit (2017: 75 cents per unit) and is payable by no later than 30 April 2019. All tax-free! Is the book closure date same day as AGM? It's not expressly stated. Closure date is 08 April 2019 Pesa Nane plans to be shilingi when he grows up.
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Rank: Member Joined: 5/2/2018 Posts: 267
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Pesa Nane wrote:Superprime1 wrote:Superprime1 wrote:Pesa Nane wrote: The distribution amounts to 75 cents per unit (2017: 75 cents per unit) and is payable by no later than 30 April 2019. All tax-free! Is the book closure date same day as AGM? It's not expressly stated. Closure date is 08 April 2019 I like the way this one gives a very short window, consistently, to book closure. It's either you're in or not.
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Has anyone received dividend yet? Towards the goal of financial freedom
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Superprime1 wrote:Pesa Nane wrote:The distribution amounts to 75 cents per unit (2017: 75 cents per unit) and is payable by no later than 30 April 2019. All tax-free! No Corporate tax for the REIT but 5% will be deducted from your dividend. Life is short. Live passionately.
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Rank: Member Joined: 7/6/2018 Posts: 175 Location: Kinshasa
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@sparkly, did you get paid yet? I aint received nothing at my SCB unlike last year when they transferred promptly on 30th April. If it don't make dollars, it don't make sense
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Balaa wrote:@sparkly, did you get paid yet? I aint received nothing at my SCB unlike last year when they transferred promptly on 30th April. @Balaa I haven't invested in Fahari, just offering my professional expertise. Life is short. Live passionately.
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Rank: Member Joined: 7/6/2018 Posts: 175 Location: Kinshasa
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Aah, thanks for the quick reply. If it don't make dollars, it don't make sense
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Balaa wrote:@sparkly, did you get paid yet? I aint received nothing at my SCB unlike last year when they transferred promptly on 30th April. True.last year they were faster.Maybe Labour day has caused the delay. Towards the goal of financial freedom
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Rank: Member Joined: 3/20/2008 Posts: 503
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Ebenyo wrote:Balaa wrote:@sparkly, did you get paid yet? I aint received nothing at my SCB unlike last year when they transferred promptly on 30th April. True.last year they were faster.Maybe Labour day has caused the delay. I suspect its because they changed registrars. Last year it was CDSC and this year it seems to be C&R
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Rank: Veteran Joined: 11/13/2015 Posts: 1,590
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Legally obligated to distribute by 30th April. But this is soko mjinga so who really cares. CMA as usual says you are on your own.
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Rank: Member Joined: 5/2/2018 Posts: 267
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sparkly wrote:Superprime1 wrote:Pesa Nane wrote:The distribution amounts to 75 cents per unit (2017: 75 cents per unit) and is payable by no later than 30 April 2019. All tax-free! No Corporate tax for the REIT but 5% will be deducted from your dividend. Nope. Nothing is deducted. I speak from experience, not fertile imagination!
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Rank: Member Joined: 5/2/2018 Posts: 267
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xxxxx wrote:Ebenyo wrote:Balaa wrote:@sparkly, did you get paid yet? I aint received nothing at my SCB unlike last year when they transferred promptly on 30th April. True.last year they were faster.Maybe Labour day has caused the delay. I suspect its because they changed registrars. Last year it was CDSC and this year it seems to be C&R It's still CDSC, and it's a shame because we'd expect it to be better than all other registrars. It's claiming that there was a delay on Co-op Bank's side in dispatching EFTs and M-Pesa but apparently cheques have been dispatched. EFTs will hit the accounts today for Co-op while the rest of us will get tomorrow and Monday "depending on the bank". 
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Rank: Member Joined: 7/6/2018 Posts: 175 Location: Kinshasa
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Cheers guys for following through and keeping all posted:) If it don't make dollars, it don't make sense
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