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Layman
#111 Posted : Thursday, December 16, 2010 12:58:15 PM
Rank: Member

Joined: 9/21/2006
Posts: 422
Location: Nairobi
I hope to get the few I applied for
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PKoli
#112 Posted : Thursday, December 16, 2010 3:40:04 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
Layman wrote:
I hope to get the few I applied for


I hope we will get some good allocation since the whole exercise was only open to Sacco members.
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TUPAC
#113 Posted : Monday, December 20, 2010 10:44:19 AM
Rank: Member

Joined: 12/8/2009
Posts: 274
Location: Ltktk
PKoli wrote:
Layman wrote:
I hope to get the few I applied for


I hope we will get some good allocation since the whole exercise was only open to Sacco members.

@koli you are the cic 'team leader' at wazua. any 'news' on the cic share uptake as at today?
...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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PKoli
#114 Posted : Monday, December 20, 2010 11:14:15 AM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
TUPAC wrote:
PKoli wrote:
Layman wrote:
I hope to get the few I applied for


I hope we will get some good allocation since the whole exercise was only open to Sacco members.

@koli you are the cic 'team leader' at wazua. any 'news' on the cic share uptake as at today?


I hear it was oversubscribed in a bigway. what did you expect with Coop bank showing such a huge interest? I do not know whether there will be refunds or the oversubscribed shares will be given to the applicants subject to the sharecapital of CIC. Remember it was increased significantly
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  | | Edit by user: Monday, December 20, 2010 11:16 AM | Reason: Not specified
TUPAC
#115 Posted : Monday, December 20, 2010 12:29:11 PM
Rank: Member

Joined: 12/8/2009
Posts: 274
Location: Ltktk
PKoli wrote:
TUPAC wrote:
PKoli wrote:
Layman wrote:
I hope to get the few I applied for


I hope we will get some good allocation since the whole exercise was only open to Sacco members.

@koli you are the cic 'team leader' at wazua. any 'news' on the cic share uptake as at today?


I hear it was oversubscribed in a bigway. what did you expect with Coop bank showing such a huge interest? I do not know whether there will be refunds or the oversubscribed shares will be given to the applicants subject to the sharecapital of CIC. Remember it was increased significantly

@koli thanks man. what was the allocation criteria for the placement? hope the new applicants are given the minimum subscription which was 2000 shares.
...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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Layman
#116 Posted : Monday, December 20, 2010 12:54:09 PM
Rank: Member

Joined: 9/21/2006
Posts: 422
Location: Nairobi
......thanks guys, I think we may have to wait till 15th January coz in the memorandum they indicated that they would give the rsults then.....
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  | | Edit by user: Monday, December 20, 2010 12:55 PM | Reason: Not specified
jerry
#117 Posted : Monday, December 20, 2010 1:52:23 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
The 2,000 minimum was for societies.
The opposite of courage is not cowardice, it's conformity.
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PKoli
#118 Posted : Monday, December 20, 2010 2:19:11 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
jerry wrote:
The 2,000 minimum was for societies.


Some application forms for new shareholders did indicate 2000 shares minimum
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TUPAC
#119 Posted : Monday, December 20, 2010 2:41:40 PM
Rank: Member

Joined: 12/8/2009
Posts: 274
Location: Ltktk
PKoli wrote:
jerry wrote:
The 2,000 minimum was for societies.


Some application forms for new shareholders did indicate 2000 shares minimum

the application form i got read 2000 shares minimum for individuals.kwani how confused were these cic guys?
...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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jerry
#120 Posted : Monday, December 20, 2010 3:10:39 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
@Tupac, &PKoli. Rem there wasn't much publicity on new applicants. @pkoli did a good job when she insisted (I hope I'm rt on gender) that the AGM had approved sale to new shareholders. I applied for more than 2,000 shares so I think I'm safe. So we wait and see.
The opposite of courage is not cowardice, it's conformity.
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