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UNAITAS
gatoho
#971 Posted : Thursday, March 24, 2016 7:56:44 PM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
streetwise wrote:
Lets us beat this topic to death.

Become a bank by June 2016. How will they do that, CBK is not licensing any new banks. Or was this lifted when I was asleep

Acquiring an existing one maybe?
Foresight..
enyands
#972 Posted : Thursday, March 24, 2016 8:21:34 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
jerry wrote:
enyands wrote:
Ngundi wrote:
enyands wrote:
Sir invest wrote:
7% in nothing to write home about. its too low compare to other SACCOS.



Comparing your beautiful neighbors wife with yours not knowing what he goes through to maintain her beauty .maybe excessive loans, excessive lies.....tosheka na wako bwana.you could be happier than your neighbor despite the beauty .....smile just saying

@Enyands, that's priceless wisdom!

Btw, does this statement from the BD make sense, "The sacco plans to become a commercial bank by mid this year. The move has seen it double its share capital to Sh1.44 billion in 2014 from Sh693 million a year earlier"


It's the other way round .in 2014 they had 693m .last year it doubled to 1.44b.I just checked their statements . Typo err

Where could you have possibly checked this? 693Million for Dec 2013, 1.44Billion for Dec 2014 and 2.35Billion for Dec 2015. Check again!!!



Sorry it was my typo err

The sacco plans to become a commercial bank by mid this year. The move has seen it double its share capital to Sh1.44 billion in 2014 from Sh693 million a year earlier.

link
gatoho
#973 Posted : Thursday, March 24, 2016 9:22:11 PM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
streetwise wrote:
Sure 7% is below the 10% economic profit of zero



Oh that. 3% the opportunity Cost?
Foresight..
heri
#974 Posted : Friday, March 25, 2016 10:04:42 AM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
What is the Eps and fair value per share
guru267
#975 Posted : Friday, March 25, 2016 2:37:56 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
heri wrote:
What is the Eps and fair value per share


EPS = 1.8
DPS = 0.7
NAV per share = 16
Mark 12:29
Deuteronomy 4:16
heri
#976 Posted : Friday, March 25, 2016 8:07:24 PM
Rank: Member

Joined: 9/14/2011
Posts: 869
Location: nairobi
guru267 wrote:
heri wrote:
What is the Eps and fair value per share


EPS = 1.8
DPS = 0.7
NAV per share = 16
@guru267, thanks. The NAV is good but they need to close the register to stop dilution
enyands
#977 Posted : Friday, March 25, 2016 8:22:26 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
heri wrote:
guru267 wrote:
heri wrote:
What is the Eps and fair value per share


EPS = 1.8
DPS = 0.7
NAV per share = 16
@guru267, thanks. The NAV is good but they need to close the register to stop dilution


One more time who know what was said at ADM
enyands
#978 Posted : Friday, March 25, 2016 8:24:06 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
Ngundi wrote:
whiteowl wrote:
jerry wrote:
enyands wrote:
Any person with dividends due date

They promised it'll be by end of this month. When is ADM/AGM?


Last year they paid on 31st so I expect them any time in the next 2 weeks.


I am informed that the ADM is on Thursday 24th March 2016. This means dividends/interest may be paid as early as Monday 28th March 2016.
Let's just hope and wait.


Ngundi did your source tell you about ADM outcome? today is 25th and I assume ADM was yesterday
gatoho
#979 Posted : Saturday, March 26, 2016 7:29:01 AM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
Dividends always hit on 1st April I think
Foresight..
gatoho
#980 Posted : Saturday, March 26, 2016 7:35:16 AM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
Hi,
Hope you are doing well.The AGM will be held on 24th March 2016 and thus the dividend payment will follow.

You can continue buying shares as the deadline was extended untill further notice.

Attached find updated statement.
Foresight..
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