Wazua
»
Groups
»
Investing
»
Muramati Sacco shares
Rank: Member Joined: 4/8/2008 Posts: 71
|
Walk to any of their branches countrywide. You can buy a minimum of 100 share and a maximum of 100,000 shares. Don't let urgent deflect you from the important
|
|
|
Rank: Elder Joined: 5/26/2009 Posts: 1,793
|
>> At Jack n Jill supermarket, as you walk towards bus station turn right into the first lane...can't remember its name but it starts with a T..about 20 meters on directly ahead you'll see Muramati Branch...its their only branch in Nairobi currently.
|
|
|
Rank: Elder Joined: 3/2/2007 Posts: 8,776 Location: Cameroon
|
Been trying to post 4the last 30min wtf? TULIA.........UFUNZWE!
|
|
|
Rank: Elder Joined: 3/2/2007 Posts: 8,776 Location: Cameroon
|
Yesterday I bought shares worth 10k fm their immaculately clean Thika branch, around the time Ocampo was nyef nyeffing (the tv volume was actually turned up). Today, a soft spoken gentleman called me informing me I have won extra shares worth 10k, in the ongoing PEPEA NA NZE PROMO WITH MURAMATI. What a x-mas! There are 3 nze's, bikes n many other prizes to be won. Walk into any of their branches armed with a copy of ID, passport size foto. Open an a/c, buy shares b4 31st dec. Qualify 4the raffle. Sit back n await to join Muguku Nelson in "masonko of the century" Down Memory Lane in 2070!! Merry x-mas wazuzu. TULIA.........UFUNZWE!
|
|
|
Rank: Veteran Joined: 10/11/2009 Posts: 1,223
|
kenmac wrote:>> At Jack n Jill supermarket, as you walk towards bus station turn right into the first lane...can't remember its name but it starts with a T..about 20 meters on directly ahead you'll see Muramati Branch...its their only branch in Nairobi currently. Its called TEMPLE ROAD History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
|
|
|
Rank: Elder Joined: 8/10/2010 Posts: 2,264
|
kenmac wrote:>> couldn't agree more...this sacco is following the footsteps of Equity building society (now Equity Bank) 15 years ago..they have recently opened a branch in Nairobi moving away from their turf mainly tea growing areas...I guess future Muguku's of Muramati are boarding the bus now. i am sorry i don't agree with you. a feature muguku can not be boarding the bus now because there is a limit in the number of shares one can buy.100 000shares for 1mil.
this is not the 80s or the 90s.can someone from muramati please help me in explainig how 1milion worh of shares is expected to grow in value to about 10 milion or 100milion. in a period of about 10 to 20 years in this century?
i guess the limit in the number of shares an individual can buy is an atempt to stop a big investor from coming on board
i am also questioning the price of a share 10 bob. this is just an attempt to raise capital from wanainchi. we all remember what happened in the safaricom IPO.(watu walidangaywa na kimunya to raise money for the goverment not safaricom as a companys foult).
but i agree with you, new billionaires will come out of muramati but not from the group rushing to win the TOY NZE and the MEKOSPolitics is just things to keep the people divided and foolish and put your trust in men and none of them can do nothing for you...
|
|
|
Rank: Member Joined: 5/27/2010 Posts: 324 Location: nrb
|
@Mpobiz
Iam agreeing with you. those buying now are just turning the earlier thinkers/founders into multimillionnaires instantly.
It is very difficult to create multimillionnaires through mass offers - how many of the masses can be realistically turned into millionnaires. By the time these things come to the masses, it is a bit late and one will have to cool heels for a long period to realiaze a good gain.
Then again iam oddly uncomfortable with the promotion/raffles in order to invest in your company. would think solid facts/reasoning should do the job. Most of the time when a business goes raffles, then know a promoter somewhere is keen to hit the masses unfairly or forcefully.
|
|
|
Rank: Elder Joined: 12/2/2009 Posts: 2,458 Location: Nairobi
|
dont you guys think, going in now is sort of the 'middle entry'..
the only advantage is that its not an IPO... when an IPO is called.. hapo ndo wajinga hualikwa vizuri
FYI, they are opening two more branches in town
|
|
|
Rank: Member Joined: 9/21/2006 Posts: 422 Location: Nairobi
|
|
|
|
Rank: Member Joined: 11/21/2007 Posts: 152 Location: Nairobi
|
Any more info on this?
do I need to open an account wid them,do I pay csh or give chQ?
I want 2 throw in some 10K and more info 'd be helpful.
|
|
|
Rank: Elder Joined: 3/2/2007 Posts: 8,776 Location: Cameroon
|
@ilike,layman, read my last post above. Open a savings a/c, Deposit cash with the teller n specify purpose i.e. to purchase the shares. Plans underway to transform to a bank....when....I hav no idea! Best of luck. TULIA.........UFUNZWE!
|
|
|
Rank: Member Joined: 11/21/2007 Posts: 152 Location: Nairobi
|
@simonkabz,
Thanks for the info,ll do so and participate in the exercise.
|
|
|
Rank: Member Joined: 6/18/2007 Posts: 16
|
Hey all,
I'm with @alikujia on this one, and I would like to urge caution. Whoever heard of someone offering you a chance to win a car to buy shares? This reminds me of Deci and the likes...
What does Muramati actually intend to do with all this money in order for it to return a 9% dividend to all members and yet at the same time still be able to pay for all these NZEs, Mekos and the like?
There are no shortcuts in life... I'm not saying this is one, I'm just saying we should be sober every time we make an investment decision.
|
|
|
Rank: Member Joined: 11/21/2007 Posts: 152 Location: Nairobi
|
@Chrenyan,
Thanks for the Caveat.
But let me risk a few thousands.
|
|
|
Rank: Veteran Joined: 10/11/2009 Posts: 1,223
|
I bought 5,000 shares worth 50K and got 50 raffle tickets. I read the Brochure that summarises the vision and mission of MURAMATI and i have no doubt in my mind that i made the right decision. History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
|
|
|
Rank: Member Joined: 2/20/2007 Posts: 359
|
I had a look at the website... nothing untoward there.
So people at Wazua are satisfied this is not a Ponzi!? Good. Anyone seen past audited accounts?
When does the share issue end and what are the requirements? Thanks.
|
|
|
Rank: Veteran Joined: 10/11/2009 Posts: 1,223
|
slykat wrote:I had a look at the website... nothing untoward there.
So people at Wazua are satisfied this is not a Ponzi!? Good. Anyone seen past audited accounts?
When does the share issue end and what are the requirements? Thanks. The share sale ends on Dec 31st and the requirement is your national ID or Passport and a photocopy of the same. You take only 5 minutes to fill in the form and they open an account for you where you deposit your shares. You also get a MURAMATI ID. History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
|
|
|
Rank: New-farer Joined: 12/21/2010 Posts: 9
|
It's a credible sacco with a good history.It's dominant in our home area and my mum bought some shares 5 years ago@5 bob against my advice and she has been getting a dividend of over 1bob year on year.I havent seen their statements but a think its a good risk to take
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
yosie, a dividend yield of 20 percent? Hata BAT.. GOD BLESS YOUR LIFE
|
|
|
Rank: Member Joined: 2/20/2007 Posts: 359
|
BGL wrote:slykat wrote:I had a look at the website... nothing untoward there.
So people at Wazua are satisfied this is not a Ponzi!? Good. Anyone seen past audited accounts?
When does the share issue end and what are the requirements? Thanks. The share sale ends on Dec 31st and the requirement is your national ID or Passport and a photocopy of the same. You take only 5 minutes to fill in the form and they open an account for you where you deposit your shares. You also get a MURAMATI ID. Thanks BGL, Based on what I have read, which is legitimate micro-finance biz, I could risk a nominal amount without due diligence just to be in, as divs are high and in case it is the next Equity. But am outside the country! I don't see how I can do it by 31st. My errand peeps are all up-country. Will pass!
|
|
|
Wazua
»
Groups
»
Investing
»
Muramati Sacco shares
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.
|