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UNAITAS
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gatoho
#611 Posted : Monday, May 25, 2015 5:36:31 AM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
doubletap wrote:
Each member shall purchase at least one hundred shares of Ksh.10 each. Shares are not refundable or assignable as collateral for a loan.

http://unaitas.com/investment_shares.php

What do they mean with this statement? Does it mean you can't cash out the shares you hold or plan to buy in the future or are you locked in until they (shares) are floated in the stock exchange. Anybody with a clue.

you can transfer your shares to someone else but can't cash out. Am sure this holds true with 99% of shares. We do need clear info on this class a and b shiznits though. I thought that was a one-time thing and now all shares are equal.
Foresight..
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Boris Boyka
#612 Posted : Monday, May 25, 2015 7:01:57 AM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
MaichBlack wrote:
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.

Unaitas
@Unaitas
@Prital1 The Transformation Journey
culminates in July 2016, and thus the closure
is expected around the same time. Thank you.
12:56 AM - 21 May 2015. via @twirra
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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gatoho
#613 Posted : Monday, May 25, 2015 7:31:54 AM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
Boris Boyka wrote:
MaichBlack wrote:
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.

Unaitas
@Unaitas
@Prital1 The Transformation Journey
culminates in July 2016, and thus the closure
is expected around the same time. Thank you.
12:56 AM - 21 May 2015. via @twirra

was about to update that.. saw on twirra
Foresight..
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MaichBlack
#614 Posted : Monday, May 25, 2015 8:58:56 AM
Rank: Elder

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

Unaitas
@Unaitas
@Prital1 The Transformation Journey
culminates in July 2016, and thus the closure
is expected around the same time. Thank you.
12:56 AM - 21 May 2015. via @twirra

So they have a target date but no target amount???
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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young farmer
#615 Posted : Monday, May 25, 2015 10:06:44 AM
Rank: New-farer

Joined: 9/25/2012
Posts: 58
Location: kenia
enyands wrote:
young farmer wrote:
enyands wrote:
[quote=young farmer]What is difference between class A & B? Before i sink my hard earned money.


According to what is discussed above ,class A have more benefits, like bonuses example is for every one share in class A they are awarded two shares but class B unakaa mkauko. Yaani kuna mapendeleo kwa bibi mkubwa kushinda mdogo.hope this makes you understand


As investors do I have a choice of which shares to buy.?
[/quote

if you bought before 2009 then you are class *A but since you are 2015 you are class B. Here is the thing the way I see it , your money wont dissappear like they do on pyramid scheme . But come 2018 should it get listed utapata kafaida. I have decided I won't worry about how fortunate class A are than class B . I want to be content with my little class B . If you compare yourself with Bill Gates you will die a very dissatisfied man



Their should be more clear on this, before their take someone money. What about dividends is it the same or Share A got something bigger than Share B.
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guru267
#616 Posted : Monday, May 25, 2015 11:57:15 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
young farmer wrote:
enyands wrote:
young farmer wrote:
enyands wrote:
[quote=young farmer]What is difference between class A & B? Before i sink my hard earned money.


According to what is discussed above ,class A have more benefits, like bonuses example is for every one share in class A they are awarded two shares but class B unakaa mkauko. Yaani kuna mapendeleo kwa bibi mkubwa kushinda mdogo.hope this makes you understand


As investors do I have a choice of which shares to buy.?
[/quote

if you bought before 2009 then you are class *A but since you are 2015 you are class B. Here is the thing the way I see it , your money wont dissappear like they do on pyramid scheme . But come 2018 should it get listed utapata kafaida. I have decided I won't worry about how fortunate class A are than class B . I want to be content with my little class B . If you compare yourself with Bill Gates you will die a very dissatisfied man



Their should be more clear on this, before their take someone money. What about dividends is it the same or Share A got something bigger than Share B.


As far as Unaitas is concerned there is nothing about Class A and Class B shares.

This just came from @BGL regarding the awarding of backdated bonus shares!
Mark 12:29
Deuteronomy 4:16
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MaichBlack
#617 Posted : Monday, May 25, 2015 11:57:28 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,913
Founder Members!!! I hate that phrase (If and when I am not a "founder member". He he he). From my past experience, any time that phrase is uttered - everywhere! - someone is just about to get screwed!!!
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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streetwise
#618 Posted : Monday, May 25, 2015 12:40:33 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Like bosting I am memeber no 3. What makes one special since he is no 3 or N+1 for that matter.

Once you buy a share you buy the right and the risk at the sam time
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target1360
#619 Posted : Monday, May 25, 2015 1:27:25 PM
Rank: Member

Joined: 5/14/2014
Posts: 289
Location: nairobi
MaichBlack wrote:
Founder Members!!! I hate that phrase (If and when I am not a "founder member". He he he). From my past experience, any time that phrase is uttered - everywhere! - someone is just about to get screwed!!!


am no longer confident about this stock anymore .
i now understand buffets wisdom in holding tonnes of cash and investing in very few companies that he understands.
in that case i think i only like. stanchat,b.a.t and probably bbk
I find satisfaction in owning great business,not trading them
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guru267
#620 Posted : Monday, May 25, 2015 1:42:07 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
target1360 wrote:
MaichBlack wrote:
Founder Members!!! I hate that phrase (If and when I am not a "founder member". He he he). From my past experience, any time that phrase is uttered - everywhere! - someone is just about to get screwed!!!


am no longer confident about this stock anymore .
i now understand buffets wisdom in holding tonnes of cash and investing in very few companies that he understands.
in that case i think i only like. stanchat,b.a.t and probably bbk


Are you basing your fear on tangible facts or wazua hearsay?
Mark 12:29
Deuteronomy 4:16
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