Wazua
»
Groups
»
Triumph
»
Safaricom Investment Cooperative
Rank: Member Joined: 4/4/2007 Posts: 91
|
enyands wrote:Stract_Consulting wrote:enyands wrote:Stract_Consulting wrote:enyands wrote:jerry wrote:yosie14 wrote:The AGM was meant to be today,who attended?What was discussed? @pirate @BGL ,@PIRATE? saidia Key outcomes from the AGM are: 1. Share price moved up by 25% from Kshs 350 to 435 2. Returns/Rebates at 25% of which 65% will be capitalized while 35% will be paid out 3.One Non-Safaricom employee was elected to the Board by the name of Marete 4.Monthly contribution will continue until the Investment will be in a position to achieve healthy cashflows that will supplement the monthly contributions @stract_consulting thanks for the time and detail. Swali moja ,when did the books close? Books closed on 31st Dec for dividends payment. As for the share price the increment takes place from today. Thanks man .will get you beer when we meet sometime. @Stract_consulting Good summary. I see you took your notes :) @enyands They further clarified on the farming business which is underway projecting income of 40mil at the end of the year. Will be an interesting year to watch as they divest into new ventures Knowledge is power , but action gets things done ...
|
|
|
Rank: Member Joined: 6/14/2010 Posts: 521 Location: Nairobi
|
Who is able to compute the number of outstanding shares as at 31st Dec 2015 for SIC.
|
|
|
Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
|
Pirate wrote:enyands wrote:Stract_Consulting wrote:enyands wrote:Stract_Consulting wrote:enyands wrote:jerry wrote:yosie14 wrote:The AGM was meant to be today,who attended?What was discussed? @pirate @BGL ,@PIRATE? saidia Key outcomes from the AGM are: 1. Share price moved up by 25% from Kshs 350 to 435 2. Returns/Rebates at 25% of which 65% will be capitalized while 35% will be paid out 3.One Non-Safaricom employee was elected to the Board by the name of Marete 4.Monthly contribution will continue until the Investment will be in a position to achieve healthy cashflows that will supplement the monthly contributions @stract_consulting thanks for the time and detail. Swali moja ,when did the books close? Books closed on 31st Dec for dividends payment. As for the share price the increment takes place from today. Thanks man .will get you beer when we meet sometime. @Stract_consulting Good summary. I see you took your notes :) @enyands They further clarified on the farming business which is underway projecting income of 40mil at the end of the year. Will be an interesting year to watch as they divest into new ventures Thanks pirate and Stract_Consulting .you guys rock! 
|
|
|
Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
|
The optimist wrote:Who is able to compute the number of outstanding shares as at 31st Dec 2015 for SIC. Should be on the financial statements I guess that is if they have it ready
|
|
|
Rank: Member Joined: 4/4/2007 Posts: 91
|
The optimist wrote:Who is able to compute the number of outstanding shares as at 31st Dec 2015 for SIC. they will provide that in the next report . They said they forgot to include the info in the report . Knowledge is power , but action gets things done ...
|
|
|
Rank: Member Joined: 6/14/2010 Posts: 521 Location: Nairobi
|
Pirate wrote:The optimist wrote:Who is able to compute the number of outstanding shares as at 31st Dec 2015 for SIC. they will provide that in the next report . They said they forgot to include the info in the report . Thanks @Pirate
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
Pirate wrote:enyands wrote:Stract_Consulting wrote:enyands wrote:Stract_Consulting wrote:enyands wrote:jerry wrote:yosie14 wrote:The AGM was meant to be today,who attended?What was discussed? @pirate @BGL ,@PIRATE? saidia Key outcomes from the AGM are: 1. Share price moved up by 25% from Kshs 350 to 435 2. Returns/Rebates at 25% of which 65% will be capitalized while 35% will be paid out 3.One Non-Safaricom employee was elected to the Board by the name of Marete Agnes?4.Monthly contribution will continue until the Investment will be in a position to achieve healthy cashflows that will supplement the monthly contributions Any projections? @stract_consulting thanks for the time and detail. Swali moja ,when did the books close? Books closed on 31st Dec for dividends payment. As for the share price the increment takes place from today. Thanks man .will get you beer when we meet sometime. @Stract_consulting Good summary. I see you took your notes :) @enyands They further clarified on the farming business which is underway projecting income of 40mil at the end of the year. Will be an interesting year to watch as they divest into new ventures 2016? How much did they make 2015? Thanks guys "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
|
|
|
Rank: New-farer Joined: 6/3/2014 Posts: 58 Location: Nairobi
|
murchr wrote:Pirate wrote:enyands wrote:Stract_Consulting wrote:enyands wrote:Stract_Consulting wrote:enyands wrote:jerry wrote:yosie14 wrote:The AGM was meant to be today,who attended?What was discussed? @pirate @BGL ,@PIRATE? saidia Key outcomes from the AGM are: 1. Share price moved up by 25% from Kshs 350 to 435 2. Returns/Rebates at 25% of which 65% will be capitalized while 35% will be paid out 3.One Non-Safaricom employee was elected to the Board by the name of Marete Agnes? yes4.Monthly contribution will continue until the Investment will be in a position to achieve healthy cashflows that will supplement the monthly contributions Any projections? Current projection was until the current strategic plan ends in 2018, by that time, they will or might have ended the monthly contribution @stract_consulting thanks for the time and detail. Swali moja ,when did the books close? Books closed on 31st Dec for dividends payment. As for the share price the increment takes place from today. Thanks man .will get you beer when we meet sometime. will wait for it :)  @Stract_consulting Good summary. I see you took your notes @enyands They further clarified on the farming business which is underway projecting income of 40mil at the end of the year. Will be an interesting year to watch as they divest into new ventures 2016? How much did they make 2015? 11M Thanks guys Be ignorant and ask a few questions - Peter Drucker
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
Stract_Consulting wrote:murchr wrote:Pirate wrote:enyands wrote:Stract_Consulting wrote:enyands wrote:Stract_Consulting wrote:enyands wrote:jerry wrote:yosie14 wrote:The AGM was meant to be today,who attended?What was discussed? @pirate @BGL ,@PIRATE? saidia Key outcomes from the AGM are: 1. Share price moved up by 25% from Kshs 350 to 435 2. Returns/Rebates at 25% of which 65% will be capitalized while 35% will be paid out 3.One Non-Safaricom employee was elected to the Board by the name of Marete Agnes? yes4.Monthly contribution will continue until the Investment will be in a position to achieve healthy cashflows that will supplement the monthly contributions Any projections? Current projection was until the current strategic plan ends in 2018, by that time, they will or might have ended the monthly contribution @stract_consulting thanks for the time and detail. Swali moja ,when did the books close? Books closed on 31st Dec for dividends payment. As for the share price the increment takes place from today. Thanks man .will get you beer when we meet sometime. will wait for it :) @Stract_consulting Good summary. I see you took your notes @enyands They further clarified on the farming business which is underway projecting income of 40mil at the end of the year. Will be an interesting year to watch as they divest into new ventures 2016? How much did they make 2015? 11M Thanks guys Thanks again, 11M is quite a tidy sum "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
|
|
|
Rank: Member Joined: 6/17/2011 Posts: 229
|
Stract_Consulting wrote:enyands wrote:jerry wrote:yosie14 wrote:The AGM was meant to be today,who attended?What was discussed? @pirate @BGL ,@PIRATE? saidia Key outcomes from the AGM are: 1. Share price moved up by 25% from Kshs 350 to 435 2. Returns/Rebates at 25% of which 65% will be capitalized while 35% will be paid out 3.One Non-Safaricom employee was elected to the Board by the name of Marete 4.Monthly contribution will continue until the Investment will be in a position to achieve healthy cashflows that will supplement the monthly contributions The recapitalisation of rebates will be at what rate @Stract Consulting, 350 or 435?
|
|
|
Rank: Member Joined: 9/13/2006 Posts: 17
|
Recapitalization is normally done at the official share price for the year in which the dividends were earned. In this case 350/= per share. The sweet bit is that the bonus shares are available for sale immediately at max 25% more(435/=) ;-)
|
|
|
Rank: Member Joined: 6/17/2011 Posts: 229
|
amauriceus wrote:Recapitalization is normally done at the official share price for the year in which the dividends were earned. In this case 350/= per share. The sweet bit is that the bonus shares are available for sale immediately at max 25% more(435/=) ;-) Very sweet indeed! I boarded this bus at KES 200 in 2013 and I am enjoying the ride up!
|
|
|
Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
|
eco wrote:amauriceus wrote:Recapitalization is normally done at the official share price for the year in which the dividends were earned. In this case 350/= per share. The sweet bit is that the bonus shares are available for sale immediately at max 25% more(435/=) ;-) Very sweet indeed! I boarded this bus at KES 200 in 2013 and I am enjoying the ride up! .thank you eco. Ill mail you
|
|
|
Rank: Elder Joined: 7/10/2008 Posts: 9,131 Location: Kanjo
|
I want to join, any existing member willing to introduce me? please email wazuaharrydre@gmail.comnitanunua pombe. i.am.back!!!!
|
|
|
Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
|
If you want to join safaricom sacco then you need someone to introduce you .but if you want to join safaricom INVESTMENT cooperative you need no one .email them and you will get started pngari@safaricom.co.ke
|
|
|
Rank: Elder Joined: 7/10/2008 Posts: 9,131 Location: Kanjo
|
enyands wrote:If you want to join safaricom sacco then you need someone to introduce you .but if you want to join safaricom INVESTMENT cooperative you need no one .email them and you will get started pngari@safaricom.co.ke Thanks, my interest is the S.I.C i.am.back!!!!
|
|
|
Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
|
harrydre wrote:enyands wrote:If you want to join safaricom sacco then you need someone to introduce you .but if you want to join safaricom INVESTMENT cooperative you need no one .email them and you will get started pngari@safaricom.co.ke Thanks, my interest is the S.I.C Then talk to paul ngari at pngari@safaricom.co.ke
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
|
enyands wrote:harrydre wrote:enyands wrote:If you want to join safaricom sacco then you need someone to introduce you .but if you want to join safaricom INVESTMENT cooperative you need no one .email them and you will get started pngari@safaricom.co.ke Thanks, my interest is the S.I.C Then talk to paul ngari at pngari@safaricom.co.ke Ngari...had to be. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
|
Impunity wrote:enyands wrote:harrydre wrote:enyands wrote:If you want to join safaricom sacco then you need someone to introduce you .but if you want to join safaricom INVESTMENT cooperative you need no one .email them and you will get started pngari@safaricom.co.ke Thanks, my interest is the S.I.C Then talk to paul ngari at pngari@safaricom.co.ke Ngari...had to be. What's the problem with that
|
|
|
Rank: Member Joined: 8/15/2015 Posts: 817
|
the smallest share increment is called bamba 10. lol
|
|
|
Wazua
»
Groups
»
Triumph
»
Safaricom Investment Cooperative
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|