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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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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.
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Rank: Member Joined: 12/11/2006 Posts: 874
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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.”
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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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
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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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?
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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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
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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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
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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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
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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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
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Rank: New-farer Joined: 2/8/2018 Posts: 73
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Is there a way one can dispose his holding? I think there is eating that has creeped in from KPLC.
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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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
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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FY2017 Highlights  *Re-edit Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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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.
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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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
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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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
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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 Pesa Nane plans to be shilingi when he grows up.
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Rank: Member Joined: 10/7/2010 Posts: 251 Location: nairobi
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who has the explanation for note no.10. hapo ndio iko shida
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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madebe wrote:who has the explanation for note no.10. hapo ndio iko shida Sina explanation but nasikia watu wameachishwa kazi. something Stinks ?
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Rank: New-farer Joined: 2/8/2018 Posts: 73
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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.
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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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
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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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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