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stima investment cooperative
Pesa Nane
#101 Posted : Monday, March 26, 2018 5:34:11 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
BGL wrote:
When is the ADM for Stima Investment Coop and any insights on the dividend rate that Stima Investment will declare this year?

Things are thick on that end. The houses are not moving (never mind that they are still breaking ground for more projects elsewhere)


Pesa Nane plans to be shilingi when he grows up.
ngapat
#102 Posted : Sunday, April 22, 2018 11:49:45 PM
Rank: Member


Joined: 12/11/2006
Posts: 884
Its high time they brand themselves as thieves sacco. I hear circa 3.5% dividends this year. They all should go home. Agm on 27th April.
“Invest in yourself. Your career is the engine of your wealth.”
murchr
#103 Posted : Friday, April 27, 2018 4:46:28 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Any news?
"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
.
enyands
#104 Posted : Saturday, April 28, 2018 4:02:53 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
ngapat wrote:
Its high time they brand themselves as thieves sacco. I hear circa 3.5% dividends this year. They all should go home. Agm on 27th April.

Ngapat ulienda? Pesa nane? Bgm? Eco?
BGL
#105 Posted : Monday, April 30, 2018 10:06:42 AM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
Since i am not a delegate i am in the dark on the declared dividend but its a fact that they must hold an AGM before the end of April unless they get an extension from the ministry officials.
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
BGL
#106 Posted : Thursday, May 03, 2018 10:25:16 PM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
Confirmed!!!! Its 3.5% down from 18% last year.
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
#107 Posted : Thursday, May 03, 2018 11:43:49 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
BGL wrote:
Confirmed!!!! Its 3.5% down from 18% last year.


Something is really wrong. When are they planning to tell the rest of us?
"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
#108 Posted : Thursday, May 03, 2018 11:51:04 PM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
murchr wrote:
BGL wrote:
Confirmed!!!! Its 3.5% down from 18% last year.


Something is really wrong. When are they planning to tell the rest of us?


I saw my dividend statement on the web portal. They don't respond to emails nowadays.
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
RIEK01
#109 Posted : Friday, May 04, 2018 3:02:04 AM
Rank: New-farer


Joined: 2/8/2018
Posts: 73
Is there a way one can dispose his holding? I think there is eating that has creeped in from KPLC.
murchr
#110 Posted : Friday, May 04, 2018 4:02:38 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
BGL wrote:
murchr wrote:
BGL wrote:
Confirmed!!!! Its 3.5% down from 18% last year.


Something is really wrong. When are they planning to tell the rest of us?


I saw my dividend statement on the web portal. They don't respond to emails nowadays.


Noted that too, even the never ending plot promotions are no longer there. No minutes nothing.
"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
.
Pesa Nane
#111 Posted : Monday, May 07, 2018 1:19:09 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
FY2017 Highlights



*Re-edit
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#112 Posted : Monday, May 07, 2018 1:35:03 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
RIEK01 wrote:
Is there a way one can dispose his holding? I think there is eating that has creeped in from KPLC.


Quote:
The Chairman reported that the Society anticipates to operationalise the over the counter trading of shares (OTC) from the second half of the year. Upon operationalization of the OTC, the Society will close direct recruitment of new membership, to facilitate cost effective trading of shares through
the OTC

Pesa Nane plans to be shilingi when he grows up.
Angelica _ann
#113 Posted : Monday, May 07, 2018 1:36:37 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
Pesa Nane wrote:
FY2017 Highlights

. Membership grew from 9,310 to 11,670
. Share capital grew by 38% from Kshs.973m to Kshs.1,341m
. Total expenses (excluding interest expense) reduced from Kshs.76.1m to Kshs.75.4m.
. Total income decreased from Kshs. 325m to Kshs. 261m
. Surplus for the year decreased from Kshs. 237m to 167m
. Sale of lands revenue decreased from Kshs. 252m to Kshs.192m
. Asset base increased to Kshs.2.5b from Kshs. 2.19b


Mature business, creativity needed from the obvious mugunda mugunda plots plots plots!!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
murchr
#114 Posted : Monday, May 07, 2018 1:51:12 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
What happened to the power generation plan?
"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
.
Pesa Nane
#115 Posted : Monday, May 07, 2018 2:05:15 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
madebe
#116 Posted : Monday, May 07, 2018 5:17:28 PM
Rank: Member


Joined: 10/7/2010
Posts: 251
Location: nairobi
who has the explanation for note no.10. hapo ndio iko shida
enyands
#117 Posted : Monday, May 07, 2018 6:20:36 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
madebe wrote:
who has the explanation for note no.10. hapo ndio iko shida

Sina explanation but nasikia watu wameachishwa kazi. something Stinks ?
RIEK01
#118 Posted : Monday, May 07, 2018 6:21:28 PM
Rank: New-farer


Joined: 2/8/2018
Posts: 73
Interest from borrowings, possibly to fund construction works. If you compare Safaricom Investments Coop vs Stima, you will see the difference in leadership and returns, not blaming the election etc.
murchr
#119 Posted : Monday, May 07, 2018 6:24:16 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
RIEK01 wrote:
Interest from borrowings, possibly to fund construction works. If you compare Safaricom Investments Coop vs Stima, you will see the difference in leadership and returns, not blaming the election etc.


I dont know if my memory serves me well but AGM FY16 they told members that 3000 of the monthly contributions will go towards a project (someone remember this?) How does that play here?


BGL #91 Posted : Friday, March 24, 2017 2:00:39 PM wrote:
murchr wrote:
3000 to be contributed by all members should it be separate from the monthly contributions?


They just wanted EVERY SHAREHOLDER to contribute a minimum of 3k per month.


http://wazua.co.ke/forum...&m=781102#post781102
"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
.
Pesa Nane
#120 Posted : Tuesday, May 08, 2018 10:14:34 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
madebe wrote:
who has the explanation for note no.10. hapo ndio iko shida


Quote:
Other Operating Expenses
Provision for Real Estate Interest Owed: Kshs. 21,380,653
Interest on Loans: Kshs. 53,558,268
Bank charges: Kshs. 698,966

Total Other Operating Expenses: Kshs. 75,637,886

Pesa Nane plans to be shilingi when he grows up.
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