Investment Seminar
Today, I attended an investor’s seminar at nse, organized by sterling securities lTD.
Charges
1000/= payable at the entrance
Attendance
About 30 people. Evenl;y distributed between laldies and men. All people who have invested in the past and mostly laymen (in stocks trading terms)
Issues of Interest
Agents
Lots of stock agents acting for brokers have set up SHOP of late. Some cases of lost cash Eere reported at the seminaR. Aparently, the brokers are responsible for an agent's 'fuck ups'. a broker should refund cash stolen/misappropriated by his by their agent.
Nominee accounts
Its illegal for brokers to use nominee accounts for normal trading or application for IPOs. However, some brokers are using them big time.
Private transfer of shares
One can privately transfer shares without going though the nse sale procedures.
Investment banks vs brokers
Investment banks are allowed to trade in shares in their name, brokers are not. However, brokers still do trade.
Raising campaign cash from nse
There were fears that the upcoming privitisation (see safcom, kenya -re, mumias, kengen) could be used for politics and not govt deficit financing
Share splits
Look out for nay shares selling @ 200+. all these are candidates for splits in the next 12 months
Investment clubs
Most clubs are unabel to agree on how to split profits arising from contributions, where people contribute differently. A guy has come up with a software to value members' worth.
Eveready IPO
The company is not doing well. Generating negative cash flows, sales declining, compe from counterfeits etc. However, a massive oversubscription expected.
posted by gathinga at
12:41 PM
19 Comments:
My rule of thumb on this is to look at the five things, P/E of the overall market and compare this to the general economic growth rates and the trends in interest rates, real estate and inflation. The last three tell you a lot about why much money is swirling around the economy without being invested. Inflation has stayed high in Kenya meaning there is too much money chasing too few spending opportunities; hence real estate prices are going up fast. Govt monetary policy is non-existent meaning that rates are flattish when they should be rising to mop up this money. Eventually anybody including those who would normally put their savings in banks start coming into the stock market thus creating an artificial bubble. But at some point, there will be a correction…possibly in the 2nd half of 2007.
Nice one gath:
Apparently it seems that brokers can break rules with impunity. Wasn't there any representation from CMA to act on the allegations?
Also, it's already hard enough to try stop the govt from misusing taxes, so what about nse?
Finally, Eveready IPO oversubscription should translate to immediate capital gains. Good for short term investor like me. Somewhere on stockskenya.com, it's noted that the company is doing better than Scangroup as far as dividend payouts suggest...
Gathinga thanks for the info,
What exactly is the benefit of a share split ?
In my opinion appart from attempting to correct the percieved price of a stock, there is no benefit as the capitalization remains the same. What are your thoughts ?
Mainat@ agree that there is lots of cash lying around and ending up at the market. But the correction in mid 2007 is only going to be temporary followed buy another bull run immediately after elections, unless something goes very wrong at the ballot
mwasjd@ no fellows from nse or cma showed up. its unlike them to. eveready has been paying high dividens just coz the guys wanted to remove the cash...just look at their declining net asset value.
ken@true share splits havbe no tangible benefits besides increasing the liquidity of the stock in the market.
dudej@ investment clubs software.
danielmwangi@yahoo.com
@Mainat: I totally agree with you.Will do a post on my views next year in Jan.
@Gathinga: Good post.I knew u could transfer by private treaty or something.But since CDS came in brokers have been discouraging it.
Dear Visitors, This blog is really nice and informative. We are pleased to know this blog is really helping people. Its our pleasure to post informative content on this useful blog created by webmaster. Currently something is cooking in the Indian stock market, We know it but unfortunately we cant disclose the reason so openly. We strongly suggest everyone not to take any long position at these levels. We will see Pullback in the market very soon but that will be a fake one so don’t consider pullback as opportunity to go Long in market( Delivery based). As after that initial pullback we can see fall once again. As mentioned cant disclose it still giving minor hint see call and put section and think why you are not able to access few options and check December part and think who are the people behind it?? We suggest wait for falls to take delivery till then prefer only intraday else you will find yourself out of BSE and NSE one fine day. For any query feel free to contact us. Regards SHARETIPSINFO TEAM +91- 9891655316 +91- 9899056796 +91 - 9891890425
Hi !.
You may , probably very interested to know how one can manage to receive high yields .
There is no initial capital needed You may start earning with as small sum of money as 20-100 dollars.
AimTrust is what you haven`t ever dreamt of such a chance to become rich
The company represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
Its head office is in Panama with structures everywhere: In USA, Canada, Cyprus.
Do you want to become a happy investor?
That`s your choice That`s what you desire!
I`m happy and lucky, I began to take up income with the help of this company,
and I invite you to do the same. It`s all about how to choose a correct companion utilizes your savings in a right way - that`s AimTrust!.
I earn US$2,000 per day, and my first deposit was 1 grand only!
It`s easy to get involved , just click this link http://asujafex.kogaryu.com/pejaly.html
and lucky you`re! Let`s take our chance together to get rid of nastiness of the life
Good day !.
You re, I guess , probably very interested to know how one can manage to receive high yields .
There is no need to invest much at first. You may start earning with as small sum of money as 20-100 dollars.
AimTrust is what you haven`t ever dreamt of such a chance to become rich
The company represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
Its head office is in Panama with offices everywhere: In USA, Canada, Cyprus.
Do you want to become a happy investor?
That`s your chance That`s what you really need!
I`m happy and lucky, I started to get real money with the help of this company,
and I invite you to do the same. It`s all about how to choose a proper partner utilizes your money in a right way - that`s it!.
I earn US$2,000 per day, and my first investment was 500 dollars only!
It`s easy to start , just click this link http://yzenumehu.the-best-free-web-hosting.com/syraxi.html
and lucky you`re! Let`s take our chance together to get rid of nastiness of the life
Hi !.
You may , perhaps very interested to know how one can collect a huge starting capital .
There is no need to invest much at first. You may commense earning with as small sum of money as 20-100 dollars.
AimTrust is what you need
The firm incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
It is based in Panama with structures everywhere: In USA, Canada, Cyprus.
Do you want to become a happy investor?
That`s your choice That`s what you really need!
I`m happy and lucky, I started to take up income with the help of this company,
and I invite you to do the same. If it gets down to choose a correct companion utilizes your savings in a right way - that`s the AimTrust!.
I take now up to 2G every day, and my first investment was 500 dollars only!
It`s easy to start , just click this link http://xasuropani.lookseekpages.com/cabybe.html
and go! Let`s take our chance together to become rich
Hi !.
You re, I guess , probably curious to know how one can manage to receive high yields .
There is no need to invest much at first. You may begin to get income with as small sum of money as 20-100 dollars.
AimTrust is what you thought of all the time
The company represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
Its head office is in Panama with structures around the world.
Do you want to become a happy investor?
That`s your choice That`s what you wish in the long run!
I`m happy and lucky, I started to get real money with the help of this company,
and I invite you to do the same. It`s all about how to choose a proper companion utilizes your savings in a right way - that`s AimTrust!.
I take now up to 2G every day, and my first investment was 500 dollars only!
It`s easy to join , just click this link http://owonudah.freecities.com/kyxebic.html
and go! Let`s take our chance together to become rich
Good day, sun shines!
There have been times of troubles when I felt unhappy missing knowledge about opportunities of getting high yields on investments. I was a dump and downright stupid person.
I have never thought that there weren't any need in big initial investment.
Nowadays, I'm happy and lucky , I started take up real money.
It's all about how to select a proper companion who utilizes your funds in a right way - that is incorporate it in real deals, and shares the profit with me.
You can get interested, if there are such firms? I have to tell the truth, YES, there are. Please be informed of one of them:
[url=http://theblogmoney.com] Online investment blog[/url]
Good day, sun shines!
There have been times of hardship when I felt unhappy missing knowledge about opportunities of getting high yields on investments. I was a dump and downright pessimistic person.
I have never imagined that there weren't any need in large initial investment.
Now, I feel good, I begin to get real money.
It gets down to select a proper companion who utilizes your funds in a right way - that is incorporate it in real deals, parts and divides the profit with me.
You may get interested, if there are such firms? I'm obliged to tell the truth, YES, there are. Please be informed of one of them:
http://theinvestblog.com [url=http://theinvestblog.com]Online Investment Blog[/url]
Glad to greet you, ladies and gentlemen!
We are not acquainted yet? It’s easy to fix,
my parents call me James F. Collins.
Generally I’m a venturesome analyst. all my life I’m carried away by online-casino and poker.
Not long time ago I started my own blog, where I describe my virtual adventures.
Probably, it will be interesting for you to utilize special software facilitating winnings .
Please visit my blog. http://allbestcasino.com I’ll be glad would you find time to leave your comments.
Glad to greet you, ladies and gentlemen!
For sure you didn’t here about me yet,
my name is Nikolas.
Generally I’m a venturesome gambler. all my life I’m carried away by online-casino and poker.
Not long time ago I started my own blog, where I describe my virtual adventures.
Probably, it will be interesting for you to read my travel notes and reports about winnings and losses on this way.
Please visit my web page . http://allbestcasino.com I’ll be glad would you find time to leave your comments.
Very effectively written. Thanks for this service that you have provided for us to have the ability to fresh our minds.
Pretty sеction of content. I just stumbled
upon your sіte and іn аccеsѕion cаρital to аssert that I асquіre actually enjoyed account yοur blog poѕts.
Any way I will be subsсribing tο уοur
augment аnԁ even I achіеνement you
access сonsistently quicκly.
Heгe is my webpage; reputation management
Undeniably belieνе thаt which you said.
Υouг fаvoritе justificаtiοn aρρeareԁ tο be on the net the eаѕiest thing to be aware of.
I saу to you, I definitеly get іrκeԁ
ωhile peорle think about ωorries
that they just do not know аbout. Υοu
mаnaged to hit the nаil upon the top аnd also definеԁ οut the wholе thing without having sidе-effеcts ,
people саn taκе a signal. Will likely be back tо
gеt more. Thanks
Ηeгe is mу pаge Lloyd Irvin
http://eekshop.com
Perhaps because about broader access for more information regarding a recent study too much info online baby boomers have had for more information regarding reassess their attitudes for more information on dentistry. The a tried and true family dentist may at this time are engaged beyond an all in one mouthwash as well as gingivitis for more information on it is that there is the reason that an all in one call backwards and forwards anxiety and stress and periodontal disease. Some dentists bring to the table expertise all over the curing all in all such as snoring and sleep apnea. In general there is more or less include them as an all in one body movement towards significantly more holistic treatments.
Aω, thіѕ was an ехtremely gоod ρost.
Fіnԁіng thе timе аnԁ
аctuаl еffoгt tο generate a very
good article… but whаt can I sаy… I hesіtate a
lot anԁ neνer manage to get anything done.
Alѕo visit my ρage; lloyd irvin
Post a Comment
Subscribe to Post Comments [Atom]
<< Home