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UNAITAS
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BGL
#581 Posted : Saturday, May 23, 2015 12:19:42 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
streetwise wrote:
I am told some of these organisations have class A and class B shares what is the stucture at Unaitas


UNAITAS has a similar structure. The shares bought before year 2009 have superior rights than those bought after year 2010.
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
#582 Posted : Saturday, May 23, 2015 1:01:21 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
BGL wrote:
streetwise wrote:
I am told some of these organisations have class A and class B shares what is the stucture at Unaitas


UNAITAS has a similar structure. The shares bought before year 2009 have superior rights than those bought after year 2010.


BGL , when you say they have superior rights than another class what exactly do you mean , voting rights , dividends rights ama entitled to more shares during dilution .Please clarify
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BGL
#583 Posted : Saturday, May 23, 2015 1:11:50 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
enyands wrote:
BGL wrote:
streetwise wrote:
I am told some of these organisations have class A and class B shares what is the stucture at Unaitas


UNAITAS has a similar structure. The shares bought before year 2009 have superior rights than those bought after year 2010.


BGL , when you say they have superior rights than another class what exactly do you mean , voting rights , dividends rights ama entitled to more shares during dilution .Please clarify


.............BONUS rights..............
Just the other day (FY 2013), those shares (pre-2009) qualified for bonus while (post-2010) did not.
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
#584 Posted : Saturday, May 23, 2015 1:48:41 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
BGL wrote:
enyands wrote:
BGL wrote:
streetwise wrote:
I am told some of these organisations have class A and class B shares what is the stucture at Unaitas


UNAITAS has a similar structure. The shares bought before year 2009 have superior rights than those bought after year 2010.


BGL , when you say they have superior rights than another class what exactly do you mean , voting rights , dividends rights ama entitled to more shares during dilution .Please clarify


.............BONUS rights..............
Just the other day (FY 2013), those shares (pre-2009) qualified for bonus while (post-2010) did not.



thanks for info . I now see
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streetwise
#585 Posted : Saturday, May 23, 2015 4:01:07 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Buyer be aware !!@@
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maka
#586 Posted : Saturday, May 23, 2015 4:03:42 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
streetwise wrote:
Buyer be aware !!@@

Boss why?
possunt quia posse videntur
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MaichBlack
#587 Posted : Saturday, May 23, 2015 6:32:21 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,913
Boris Boyka wrote:

Given their confirmed banking intent and ambitions to fund major projects...
www.businessdailyafrica....4/-/a93m0sz/-/index.html and
www.allafrica.com/stories/201409100235.html
it would be prudent to get enough cash for strong muscles before closing window as opposed to closing window now then have a cash call in two years time...My take. That said...BUY.

Good observation @Boris. They should aim at a minimum of Kshs. 3 Billion! The countries mentioned by CBK have a capital requirement of between Kshs. 2.2 Billion and Kshs. 9 Billion. Assuming CBK raise the requirement for Kenya banks to say Kshs. 5 to 6 Billion, Unaitas had better have atleast half of that so that it would be easier to raise the difference.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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  | | Edit by user: Saturday, May 23, 2015 6:36 PM | Reason: Not specified
MaichBlack
#588 Posted : Saturday, May 23, 2015 6:51:39 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,913
BGL wrote:
enyands wrote:
BGL wrote:
streetwise wrote:
I am told some of these organisations have class A and class B shares what is the stucture at Unaitas


UNAITAS has a similar structure. The shares bought before year 2009 have superior rights than those bought after year 2010.


BGL , when you say they have superior rights than another class what exactly do you mean , voting rights , dividends rights ama entitled to more shares during dilution .Please clarify


.............BONUS rights..............
Just the other day (FY 2013), those shares (pre-2009) qualified for bonus while (post-2010) did not.

Red Flag!!!! Sirens!!!

The minute someone introduces class A and Class B shares for the same category of shareholders (individuals in this case), be very worried!!

This is how people get shafted!!! Everyone who was there before is on class A shares (I guess) then they say, let's get some suckers (?) and we get them to buy shares (bring us more money) only that their shares will be class B! All the good things then go to class A shares.

We need COMPLETE details about the differences between these classes. This is total BS!! You are busy taking every single coin to them to double your shareholding then all over sudden someone else is given bonus shares? Based on what? Where does it stop? And you guys don't see anything wrong with this????
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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its2013
#589 Posted : Saturday, May 23, 2015 7:18:29 PM
Rank: Member

Joined: 1/4/2013
Posts: 255
MaichBlack wrote:
BGL wrote:
enyands wrote:
BGL wrote:
streetwise wrote:
I am told some of these organisations have class A and class B shares what is the stucture at Unaitas


UNAITAS has a similar structure. The shares bought before year 2009 have superior rights than those bought after year 2010.


BGL , when you say they have superior rights than another class what exactly do you mean , voting rights , dividends rights ama entitled to more shares during dilution .Please clarify


.............BONUS rights..............
Just the other day (FY 2013), those shares (pre-2009) qualified for bonus while (post-2010) did not.

Red Flag!!!! Sirens!!!

The minute someone introduces class A and Class B shares for the same category of shareholders (individuals in this case), be very worried!!

This is how people get shafted!!! Everyone who was there before is on class A shares (I guess) then they say, let's get some suckers (?) and we get them to buy shares (bring us more money) only that their shares will be class B! All the good things then go to class A shares.

We need COMPLETE details about the differences between these classes. This is total BS!! You are busy taking every single coin to them to double your shareholding then all over sudden someone else is given bonus shares? Based on what? Where does it stop? And you guys don't see anything wrong with this????

Very well put.
Pretty hurts
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streetwise
#590 Posted : Saturday, May 23, 2015 9:26:47 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
These is something called current value and future value of money
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