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Safaricom Investment Cooperative
mozenrat
#31 Posted : Friday, May 25, 2012 4:28:51 PM
Rank: Veteran

Joined: 5/18/2008
Posts: 796
and why not please, Wazua terms and conditions do not limit discussions to public investments only... Take the discussion on CIC insurance, that is not a publicly traded company.. Wacha kuwa mgumu na information, someone else will tell us anyway.

BGL wrote:
I am a SIC member but i will not discuss matters of a private entity in a public forum! Please visit their offices on Safaricom house (ile mzee) or drop me an email at bgl.inc.1[at]gmail[dot]com.

QW25091985
#32 Posted : Friday, May 25, 2012 9:50:59 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
mozenrat wrote:
and why not please, Wazua terms and conditions do not limit discussions to public investments only... Take the discussion on CIC insurance, that is not a publicly traded company.. Wacha kuwa mgumu na information, someone else will tell us anyway.

BGL wrote:
I am a SIC member but i will not discuss matters of a private entity in a public forum! Please visit their offices on Safaricom house (ile mzee) or drop me an email at bgl.inc.1[at]gmail[dot]com.




@BGL . what are you trying to show us , really . you donot own the company/you arenot one of the directors yet you cannot say anything about the company in a public forum.????
i even doubt you have anything to say since this is a private company and you donot know much more than the next shareholder !
Hunderwear
#33 Posted : Monday, June 04, 2012 5:56:19 PM
Rank: Member

Joined: 4/14/2011
Posts: 639
Joined these thing today after looking at their accounts..I liked the dividend but the opportunity to participate in the plots they sell to mmbers.Wil post any news or projects incase they avail any to me.YOU NEED 65k to join(can be paid in 3 monthlyinstalment of 20k,5k registration),copy of ID and PIN cert,fil a form in their website,Apassport size photo and thats it.they are located in safcom care centre westlands
sotikmoh09
#34 Posted : Thursday, June 07, 2012 11:09:06 AM
Rank: Hello

Joined: 4/17/2012
Posts: 5
QW25091985 wrote:
next we are going to hear . Kencel INVESTMENT COOPERATIVE
or Nokia 1100 INVESTMENT COOPERATIVE . or even Mulika mwizi INVESTMENT COOPERATIVE or ODM INVESTMENT COOPERATIVE (just to attract the luo folks) . aiigh . the creativeness in this cooperatives is just amazing

Your comment about odm investment to attract luos is crass , kindly withdraw it.
Chaka
#35 Posted : Thursday, June 07, 2012 2:13:16 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
@Hunderwear,
The 60k is for shares or what?After paying amount ,what do they give you to show that you are now a member?How do they raise capital to do their investments?
BGL
#36 Posted : Thursday, June 07, 2012 6:07:52 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
Chaka wrote:
@Hunderwear,
The 60k is for shares or what?After paying amount ,what do they give you to show that you are now a member?How do they raise capital to do their investments?


60k is for a minimum shareholding (300shares @ 200bob per share. They also have a OTC for those who want to dispose some of their shares. By the way 50% of their shareholders are NOT safaricom shareholders. To become a member refer to @Hunderwear's post.
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
Chaka
#37 Posted : Thursday, June 07, 2012 6:26:22 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
@BGL,
Thanks,Apart from the share capital,how else do they raise capital for their investments?

BGL wrote:
[quote=Chaka]@Hunderwear,
T60k is for a minimum shareholding (300shares @ 200bob per share. They also have a OTC for those who want to dispose some of their shares. By the way 50% of their shareholders are NOT safaricom shareholders. To become a member refer to @Hunderwear's post.


BGL
#38 Posted : Thursday, June 07, 2012 6:34:50 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
Chaka wrote:
@BGL,
Thanks,Apart from the share capital,how else do they raise capital for their investments?

BGL wrote:
[quote=Chaka]@Hunderwear,
T60k is for a minimum shareholding (300shares @ 200bob per share. They also have a OTC for those who want to dispose some of their shares. By the way 50% of their shareholders are NOT safaricom shareholders. To become a member refer to @Hunderwear's post.





(i) Monthly contribution from members and (ii) Disposal of subdivided parcels of land and completed houses.
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
dnn
#39 Posted : Friday, June 08, 2012 2:21:40 PM
Rank: Member

Joined: 7/17/2006
Posts: 133

Did join then. The OTC shares are currently being sold at 185bob.
5k-membership. 60k for shares(total 65k). monthly contributions. you can offload ur shares upto a minimum of 300 shares-unless you want to resign membership.

slykat
#40 Posted : Friday, June 08, 2012 2:50:34 PM
Rank: Member

Joined: 2/20/2007
Posts: 359
Hunderwear wrote:
Joined these thing today after looking at their accounts..I liked the dividend but the opportunity to participate in the plots they sell to mmbers.Wil post any news or projects incase they avail any to me.YOU NEED 65k to join(can be paid in 3 monthlyinstalment of 20k,5k registration),copy of ID and PIN cert,fil a form in their website,Apassport size photo and thats it.they are located in safcom care centre westlands


Does one have to go in person ama one can send someone?
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