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Safaricom Investment Cooperative
Rank: Veteran Joined: 11/2/2006 Posts: 1,206 Location: Nairobi
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Plough back the 320K dividend by force?It simply means they have liquidity issues & don't wanna make cash payouts.
They should just say dividend is 10% & kill all those fancy 42% dividend stories.Bonus shares has never been equal/similar to dividend.It is misleading to declare that dividend was 42%. Formally employed people often live their employers' dream & forget about their own.
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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bird_man wrote:Plough back the 320K dividend by force?It simply means they have liquidity issues & don't wanna make cash payouts.
They should just say dividend is 10% & kill all those fancy 42% dividend stories.Bonus shares has never been equal/similar to dividend.It is misleading to declare that dividend was 42%.
Nditto! Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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...I concur with birdman on this.Something else crossed my mind aren't they limited as to how much capital they can successfully employ before returns diminish,some sort of capacity constraint and as more investment money comes in the opportunities to profit from their investment idea progressively becomes exhausted.What happens next when this point is reached you can only finitely buy huge parcels of land and sub divide... possunt quia posse videntur
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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I'm a mono.. Day 1 in school. However, I'm proud of myself  All eager trying to map my destiny.
I have with me my early retirement package n' this looks attractive with little risk. Ama? Being the cautious fellow that I am, where do I sign up?
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Rank: New-farer Joined: 7/18/2012 Posts: 76
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Hi. I joined SIC in June this year. I contribute thro M-PESA bill no. 163163.
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Rank: New-farer Joined: 4/4/2011 Posts: 94 Location: Nairobi
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patrazi wrote:Hi. I joined SIC in June this year. I contribute thro M-PESA bill no. 163163.
Patrazi? What does that mean? Welcome to Wazua!
You made the right choice in joining SIC.
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Rank: New-farer Joined: 7/18/2012 Posts: 76
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It means I took posts on the forum seriously. I heard of SIC here and liked SIC's investment model.
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Rank: New-farer Joined: 7/18/2012 Posts: 76
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mchawi wrote:Been a SIC member for the last two years and I can't complain!
What's your take on SIC plots offered at SALAMA.
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Rank: New-farer Joined: 5/25/2011 Posts: 88
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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
When will Saccos learn to come up with creative names. i like UNAITAS sacco. these guys has shown them the way to go.
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Rank: Veteran Joined: 3/25/2010 Posts: 939 Location: Nai
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patrazi wrote:mchawi wrote:Been a SIC member for the last two years and I can't complain!
What's your take on SIC plots offered at SALAMA.
thats not salama its past ULU and they are overpriced!
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