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Muramati Sacco shares
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slammers
#1 Posted : Tuesday, October 19, 2010 10:06:43 AM
Rank: Member

Joined: 5/1/2009
Posts: 206
this sacco/bank is selling its shares could this be the new equity
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PKoli
#2 Posted : Tuesday, October 19, 2010 10:12:13 AM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
slammers wrote:
this sacco/bank is selling its shares could this be the new equity



I have never heard of it. Which people does it serve?
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mlennyma
#3 Posted : Tuesday, October 19, 2010 10:20:45 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
It recently won some awards,i think the best run saccos ama?
"Don't let the fear of losing be greater than the excitement of winning."
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Injere
#4 Posted : Tuesday, October 19, 2010 10:50:26 AM
Rank: Member

Joined: 4/7/2010
Posts: 130
This is a good one - well respected and established in Central Kenya. Who's selling these shares and how can Kenyans buy?
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XSK
#5 Posted : Tuesday, October 19, 2010 10:53:13 AM
Rank: Veteran

Joined: 12/8/2009
Posts: 975
Location: Nairobi
Injere wrote:
This is a good one - well respected and established in Central Kenya. Who's selling these shares and how can Kenyans buy?


The management was a solid one a couple of years ago. I worked with them on a solar home systems project for its members in Kangare area. If all factors remain constant i would go for it too.
You will know that you have arrived when money and time are not mutually exclusive "events" in you life!
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  | | Edit by user: Tuesday, October 19, 2010 10:55 AM | Reason: Not specified
poundfoolish
#6 Posted : Tuesday, October 19, 2010 10:59:15 AM
Rank: Elder

Joined: 12/2/2009
Posts: 2,458
Location: Nairobi
how do we get in now... before every tom dick and harry?
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poundfoolish
#7 Posted : Tuesday, October 19, 2010 11:05:14 AM
Rank: Elder

Joined: 12/2/2009
Posts: 2,458
Location: Nairobi
how do we get in now... before every tom dick and harry?
anybody with the infor?
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slammers
#8 Posted : Tuesday, October 19, 2010 11:15:04 AM
Rank: Member

Joined: 5/1/2009
Posts: 206
had they are selling 100shares at 1000 but in the form of a bank account
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Sober
#9 Posted : Tuesday, October 19, 2010 11:18:22 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
PROSPECTUS. Its not possible for someone to sink 100k into a company before knowing the share structure, ownership, operations and many other facts about the firm. what is known over the counter is never enough, an investor needs that insight to help in making a decision.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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slammers
#10 Posted : Monday, November 15, 2010 5:09:47 PM
Rank: Member

Joined: 5/1/2009
Posts: 206
I now have more details. The bank has adopted the model of equity bank. It is selling its shares to its members only. To buy the shares u either are an account holder or open an account with them. The tentative listing at the NSE is 2011 or 2012. In the year 2008 dividend was paid at 8% and in 2009 at 9%.
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