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uchumi
#1261 Posted : Monday, April 14, 2025 10:40:16 AM
Rank: Member


Joined: 9/16/2006
Posts: 233
There are some members getting higher percentage than others.
“I don’t regret the things I’ve done, I regret the things I didn’t do when I had the chance.”
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Sakangu
#1262 Posted : Wednesday, April 16, 2025 6:04:42 PM
Rank: New-farer


Joined: 12/1/2010
Posts: 37
Location: Nairobi
gatoho wrote:
I need lawyers here nyuma ya tent. Spending north of a Mike on shares 13 years a go at 10/- and getting paid the same with someone who paid 10/- ya Ruto is robbery. We have a good case to either suspend shares or pay the dividends equitably. No way ashara ya Ubaks is same as ya Ruto and also time value of money. Also that we bought at fake promises of closing sharebook and converting to a bank


The ban on new banking license has just been lifted, lets see if this was a con. Do they have capacity to raise the the 10b required by 2029?

CBK lifts licensing ban, opens door for new commercial banks
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gatoho
#1263 Posted : Sunday, April 20, 2025 9:19:57 AM
Rank: Member


Joined: 1/1/2010
Posts: 517
Location: kandara, Murang'a
Even before the ban, they were not planning to change
Foresight..
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target1360
#1264 Posted : Sunday, April 20, 2025 6:14:52 PM
Rank: Member


Joined: 5/14/2014
Posts: 289
Location: nairobi
This is one of the few stupid investments that I made because
1.Unfortunately some shares earn dividends at 11% while others earn at 7%I was so disappointed to only earn 7% while others earn 11% despite having invested here more than 10%.
2. They keep on diluting us every day by accepting unlimited share capital still priced at sh 10.
3 I do not think that they are keen on closing the share register and converting to a bank.
4. A lot of opacity in how AGM s are conducted.
I would have been better off just buying a bond which gives me higher return and more flexibility.
After this experience and that of FEP I am very hesitant to invest in young businesses that promise heavens.
I find satisfaction in owning great business,not trading them
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gatoho
#1265 Posted : Monday, April 21, 2025 6:21:59 AM
Rank: Member


Joined: 1/1/2010
Posts: 517
Location: kandara, Murang'a
i feel like we can win a case in court if enough of us get together and put all these things across. They thrive on ignorance and inaction. Had to stop getting paid through them as they charged to receive moo

target1360 wrote:
This is one of the few stupid investments that I made because
1.Unfortunately some shares earn dividends at 11% while others earn at 7%I was so disappointed to only earn 7% while others earn 11% despite having invested here more than 10%.
2. They keep on diluting us every day by accepting unlimited share capital still priced at sh 10.
3 I do not think that they are keen on closing the share register and converting to a bank.
4. A lot of opacity in how AGM s are conducted.
I would have been better off just buying a bond which gives me higher return and more flexibility.
After this experience and that of FEP I am very hesitant to invest in young businesses that promise heavens.

Foresight..
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