wazua Thu, Mar 19, 2026
Welcome Guest Search | Active Topics | Log In

2 Pages<12
Safaricom investment - query
Options
Previous Topic · Next Topic
enyands
#11 Posted : Monday, February 18, 2019 11:19:13 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
tinker wrote:
enyands wrote:
Ericsson wrote:
Annual General Meeting is on Saturday 16th February 2019

So who attended this AGM and what were important highlights?


1. Share price retained at Kes 525.
2. 2018 dividends (rebates) 15%.
3. Dividends to be paid in full, meaning you will not be forced to plough-back certain percentage.



Ooh nice, Sante brother especially hiyo 15%. ( though I know in actual sense you don't get the full 15%, there is an excel sheet that they use and I don't know how it computes). Still the same I'll plough back. Any other important issue they raised that was of concern or exciting to you ?
Back to top
  |
Balaa
#12 Posted : Friday, April 10, 2020 9:53:33 AM
Rank: Member

Joined: 7/6/2018
Posts: 175
Location: Kinshasa
These ones couldn't pay rebates in 2020 in the pretext of change in accounting principles. I hear now from reliable insiders that they're facing serious cashflow problems. They're even struggling to redeem members' fixed deposits upon maturity. I know a few people still waiting for their refunds. The sacco is aggressively marketing the fixed deposit product in the hope getting funds to pay up maturing debt that's beginning to pile up. SIC's in financial distress brought about by their earlier unsustainable dividend payouts. If you decide to invest in the PEPEA fixed deposit product don't expect to be refunded your monies on the specified maturity date.
If it don't make dollars, it don't make sense
Back to top
WWW
  | | Edit by user: Friday, April 10, 2020 10:33 AM | Reason: Not specified
doubletap
#13 Posted : Saturday, January 16, 2021 8:20:40 PM
Rank: Member

Joined: 7/17/2014
Posts: 132
Location: Wherethewindblows
Balaa wrote:
These ones couldn't pay rebates in 2020 in the pretext of change in accounting principles. I hear now from reliable insiders that they're facing serious cashflow problems. They're even struggling to redeem members' fixed deposits upon maturity. I know a few people still waiting for their refunds. The sacco is aggressively marketing the fixed deposit product in the hope getting funds to pay up maturing debt that's beginning to pile up. SIC's in financial distress brought about by their earlier unsustainable dividend payouts. If you decide to invest in the PEPEA fixed deposit product don't expect to be refunded your monies on the specified maturity date.


What is the present position today?
You have to learn the rules of the game. And then you have to play better than anyone else - Albert Einstein
Back to top
  |
2 Pages<12
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Groups Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.