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stima investment cooperative
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Pesa Nane
#81 Posted : Tuesday, February 21, 2017 3:35:34 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pirate wrote:
Anyone with information on the performance of Stima Coop for the financial year 2016 ?

Expect a call from the Sacco rep asking whether you prefer to capitalize your dividend or not. That info is used to calculate what will be declared. The %age declared is inversely proportional to the cash payout.
Pesa Nane plans to be shilingi when he grows up.
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BGL
#82 Posted : Tuesday, February 21, 2017 8:34:23 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
On their portal, they have calculated and uploaded figures using 23%.
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
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ngapat
#83 Posted : Thursday, March 16, 2017 7:59:22 AM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
enyands wrote:
ngapat wrote:


Ngapat help me decipher something . I received this email saying about recapitalization of my dividends , they didn't say how much is the dividends or how it's calculated . Unaweza saidia mimi?

There was a compulsory 50% dividend capitalization that ran for three years which ended in december 2015. Members rejected the continuation of this capitalization during the 2016 AGM.
So for the year 2016 until otherwise agreed, capitalization is only for those willing and are supposed to advice the sacco by filling a dividend capitalization form.
As for the dividend rates, that will be communicated in their AGM on 24th march 2017
“Invest in yourself. Your career is the engine of your wealth.”
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ngapat
#84 Posted : Thursday, March 16, 2017 8:06:35 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
BUSINESS BREAKFAST MEETING
2017
“Invest in yourself. Your career is the engine of your wealth.”
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murchr
#85 Posted : Thursday, March 16, 2017 8:31:32 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
3000 to be contributed by all members should it be separate from the monthly contributions?
"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
.
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BGL
#86 Posted : Thursday, March 16, 2017 9:03:36 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
murchr wrote:
3000 to be contributed by all members should it be separate from the monthly contributions?


I didn't understand this resolution.
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
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enyands
#87 Posted : Friday, March 17, 2017 7:15:07 AM
Rank: Elder

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


Ngapat help me decipher something . I received this email saying about recapitalization of my dividends , they didn't say how much is the dividends or how it's calculated . Unaweza saidia mimi?

There was a compulsory 50% dividend capitalization that ran for three years which ended in december 2015. Members rejected the continuation of this capitalization during the 2016 AGM.
So for the year 2016 until otherwise agreed, capitalization is only for those willing and are supposed to advice the sacco by filling a dividend capitalization form.
As for the dividend rates, that will be communicated in their AGM on 24th march 2017



Thanks a bunch. What you going to do? Recapitalize or utavuna ukiendanga? I nusu need opinions now that I'm fine analysing their books
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BGL
#88 Posted : Friday, March 24, 2017 11:29:24 AM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
The dividend rate is 17%
The declared dividends will be paid starting monday next week.
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
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eco
#89 Posted : Friday, March 24, 2017 3:44:02 PM
Rank: Member

Joined: 6/17/2011
Posts: 229
BGL wrote:
The dividend rate is 17%
The declared dividends will be paid starting monday next week.


@BGL, did you attend the AGM? Any word on the share value?
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BGL
#90 Posted : Friday, March 24, 2017 4:58:06 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
eco wrote:
BGL wrote:
The dividend rate is 17%
The declared dividends will be paid starting monday next week.


@BGL, did you attend the AGM? Any word on the share value?


I am not a delegate so i cannot be allowed to attend. I got the info from one of my contacts.
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
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