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Mhasibu Investment Company Limited (MICL) Rights
BGL
#31 Posted : Friday, April 24, 2015 8:14:08 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
@murchr that was for full yr 2013.

I could not attend the AGM yesterday.

I am on a skiing expedition in colorado.
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
murchr
#32 Posted : Friday, April 24, 2015 8:25:09 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
BGL wrote:
@murchr that was for full yr 2013.

I could not attend the AGM yesterday.

I am on a skiing expedition in colorado.


smile Enjoy your holiday, am sure someone will give the 411; Am not a member here but i might just jump in later in life.
"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
.
BGL
#33 Posted : Friday, April 24, 2015 8:30:04 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223

http://micl.co.ke/images...Financial%20Accounts.pdf
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
PeterReborn
#34 Posted : Friday, April 15, 2016 10:13:19 AM
Rank: Veteran

Joined: 1/3/2014
Posts: 1,063
It was good to see some of you during the AGM yesterday.
The annual bonus of 1.10 was issued.

The authorized share capital was increased from 150m to 500M with an intention of adding making it to 1 B by 2020.
Consistency is better than intensity
BGL
#35 Posted : Friday, April 15, 2016 5:57:57 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
PeterReborn wrote:
It was good to see some of you during the AGM yesterday.
The annual bonus of 1.10 was issued.

The authorized share capital was increased from 150m to 500M with an intention of adding making it to 1 B by 2020.


I was also there and i will do a post on MICL strategy 2.0 ..................... SOON

We are looking at creating a petit centum featurng CFA Muchiri.
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
Roque
#36 Posted : Wednesday, August 31, 2016 3:39:20 PM
Rank: New-farer

Joined: 1/29/2016
Posts: 11
Location: Nairobi
Hi Wazuans,

Any one of us who has the intention or has taken up their rights in the ongoing rights issue? I noticed the aim to raise about 250m from the rights but that would cover on the land acquisition cost for the Limuru Road project. How are they going to finance the entire project?
enyands
#37 Posted : Tuesday, November 08, 2016 9:34:35 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
My eyes are about to shine here on this chip . Anyone with anything good or bad about this bus. Help a brother out
BGL
#38 Posted : Tuesday, November 08, 2016 9:52:09 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
enyands wrote:
My eyes are about to shine here on this chip . Anyone with anything good or bad about this bus. Help a brother out


Just defended my rights 100%. I don't know if the subscription was 100% by the last day [oct 31st] but if not, the untaken rights will be offered to the public as it happened in 2012.
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
enyands
#39 Posted : Tuesday, November 08, 2016 10:36:56 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
BGL wrote:
enyands wrote:
My eyes are about to shine here on this chip . Anyone with anything good or bad about this bus. Help a brother out


Just defended my rights 100%. I don't know if the subscription was 100% by the last day [oct 31st] but if not, the untaken rights will be offered to the public as it happened in 2012.


Are you telling me it's OK to join this bus,is it safe ?
PeterReborn
#40 Posted : Thursday, May 13, 2021 5:05:35 PM
Rank: Veteran

Joined: 1/3/2014
Posts: 1,063
We just had the AGM on zoom AGM:
Net profit before tax 11.2M compared to 6M in 2019
Dividend payment of kshs 3 per share
To divest from the property market.
Consistency is better than intensity
BGL
#41 Posted : Wednesday, June 23, 2021 11:26:55 AM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
PeterReborn wrote:
We just had the AGM on zoom AGM:
Net profit before tax 11.2M compared to 6M in 2019
Dividend payment of kshs 3 per share
To divest from the property market.



When are the dividends scheduled to be paid? Did they give a specific timeline?
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
PeterReborn
#42 Posted : Tuesday, July 06, 2021 10:15:14 AM
Rank: Veteran

Joined: 1/3/2014
Posts: 1,063
BGL wrote:
PeterReborn wrote:
We just had the AGM on zoom AGM:
Net profit before tax 11.2M compared to 6M in 2019
Dividend payment of kshs 3 per share
To divest from the property market.



When are the dividends scheduled to be paid? Did they give a specific timeline?

There was no timeline but there is a property they are selling in ruiru and part of the cashflow from that project was to be used to pay the dividends.
Consistency is better than intensity
BGL
#43 Posted : Saturday, November 20, 2021 11:22:34 AM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
Finally MICL has paid the dividend. Collect your cheque from the office.
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
tony stark
#44 Posted : Tuesday, November 30, 2021 7:46:21 PM
Rank: Veteran

Joined: 7/8/2008
Posts: 947
How is this company performing now?? Are the shares available for sale and how much do they go for??
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