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streetwise
#951 Posted : Thursday, March 24, 2016 10:56:41 AM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
I used total assets , may should be a bit less if you minus liabilities
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streetwise
#952 Posted : Thursday, March 24, 2016 12:37:45 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
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guru267
#953 Posted : Thursday, March 24, 2016 2:49:26 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
DIVIDENDS??????? Pray Applause Pray
Mark 12:29
Deuteronomy 4:16
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Sir invest
#954 Posted : Thursday, March 24, 2016 3:13:02 PM
Rank: Member

Joined: 8/19/2015
Posts: 125
Unfortunately its ZERO for 2015.
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streetwise
#955 Posted : Thursday, March 24, 2016 3:22:06 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
So in that case is there a bonus 1:1 .
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enyands
#956 Posted : Thursday, March 24, 2016 3:35:25 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Sir invest wrote:
Unfortunately its ZERO for 2015.


I thought I read something else sir invest
Quote:
DIVIDENDS
The Board of Directors recommends payment of first and final dividend of 7% per share (2014: 8% per share).


Ama Naona mazingaumbwe,haven't seen somewhere they say zero
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  | | Edit by user: Thursday, March 24, 2016 3:36 PM | Reason: Not specified
Ngundi
#957 Posted : Thursday, March 24, 2016 3:45:47 PM
Rank: Member

Joined: 5/8/2008
Posts: 20
enyands wrote:
Sir invest wrote:
Unfortunately its ZERO for 2015.


I thought I read something else sir invest
Quote:
DIVIDENDS
The Board of Directors recommends payment of first and final dividend of 7% per share (2014: 8% per share).


Ama Naona mazingaumbwe,haven't seen somewhere they say zero


No @Enyands, hauoni mazingaombwe.
Its confirmed.... Dividends @ 7%.
Still a good return bearing in mind the huge increase in share capital.
What I am pursuing now is info on Closure date for the shareholders register.
BD mentioned that the Sacco will be a bank by June This YEAR!!
Barikiwa
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Sir invest
#958 Posted : Thursday, March 24, 2016 3:48:33 PM
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Joined: 8/19/2015
Posts: 125
7% in nothing to write home about. its too low compare to other SACCOS.
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streetwise
#959 Posted : Thursday, March 24, 2016 4:33:04 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Sure 7% is below the 10% economic profit of zero
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murchr
#960 Posted : Thursday, March 24, 2016 4:41:39 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
They need to reserve that money if they still intend to become a bank. 7% is very generous. They need to close that register now. The existing shareholders can/should increase capital
"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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  | | Edit by user: Thursday, March 24, 2016 4:45 PM | Reason: Not specified
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