@FundamentAli

That's a good one. I forgot the furniture outfit, Biemer on Rough Bunch Rd. These guys were in the same class as Deacons, Olympia and Supreme Furnitures (guaranteed to fail sooner than later).

@Likeyou

Hope you are of the fair sex and your appreciation will be highly accepted.

@Vestor

Sasa hi data ya foreigners buyin KCB and Co enmasse umefinya burton gani kwa site? Am asking cauze I don't know.

@Vestor

Thanks men. Am now doing it like a pro. Lakini, when I set up the securities (why are they called securities instead of risks?)I wanted to observe for the next few days, I was beside myself in glee. Then I switched off to attend to other issues. On returning, my settings had been ignored. Can I do something about it to avoid having to reset my preferences every now and then.

@Likeyou

Where have you gone? Are you a seaport or a submarine?

@Vestor

Thanks men, now I think next week will be spent on the site. Have a beautiful long weekend.

there is a very interesting research carried out by prof.shiller that show investors who switched to online brokerage used to outperform the market by an average of 2%....soon after they switch they tend to underperform the market by an average of 3%.

@ Surealligator, Its not a threat, I think the guys have put a maximum of 15 days before passwords expire.But you still have an option of changing your password anytime, so keep changing before the 15 days expire.Not sure why it shows zeros, Iwill try and find out and post my findings. I am trying to loook for blood in the street.

@Lovely

Only CFC has online trading platform. They charge 0.9% commission and you buy the shares personally. In other words, you don't need the broken brokers anymore once you are on line.

Other brokers and investment banks (Some of these brokers just wanted the name 'bank' next to their names but they are still the old snouted brokers with no holds barred attitudes, warts and all) are still so backward and slow but am sure they wont become Obsolete as some of us will still demand their poor quality services. We are our own undoing when it comes to demanding adult or human friendly services.

Most of the brokerage firms accept orders by E-mail but their staff hate the process and usually ignore the same. Trouble is, E-mail orders are easy to send and at times clients over send orders till they don't know where they stand at any given time, make orders while account is negative squared etc. When an old order goes through at unfavorable terms, the client takes the brokerage firm staff to task.

So, the idea is go to a mature stock broker, identify a staff member in the firm whom you can connect via E-mail. Build trust and confidence with him/her. Game shot.

I only went to CFC cauze of the online platform, otherwise, I know their poor reputation.

SIB is another funny establishment that only works well for agents who buy and sell on behalf of some rural clients etc. It has a banking hall with more than half of the counters empty while service is painfully slow. You can pay them in cash but they cant pay you in cash but still claim to be a bank. This guys survive cauze of the old boy connection networks, period. When staff finally give you an ear, they claim their internet system has been having problems, server is down, we did not receive your E-mail order, your order was above market and some other juvenile excuses.

Lovely, am killing time as I wait for Ocampo's verdict on the most culpable PEV mastermind imps. In the meantime, am telling you some truth that is hard to come by.

If you can get a foot into Kestrel Capital, do so but avoid the receptionist. Otherwise, go to CFC FS at the junction of Kimathi street and Kenyatta avenue 1st floor and get into online trading. African Alliance are also good. NIC financials are excellent. If you are not in Nairobi, use Equity branches but the guys behind the counter have no clue why shares are called stocks or the prevailing prices for specific shares.

The 0.9% is a promotional deal for the month of December ONLY and only for new accounts, not existing ones. Rumour has it that they will drop their commission to 1.5% down from 2.1% next year.

These rates do not includes other levies, stamp duty etc

No wonder I still get charged the old rates when using the online system

So Suntra have also introduced online trading,the rest of the brokers and investment banks have to up their act in the coming year following CFC and Suntra,i hope mine does.

@Surealligator or any one else, please educate me on this. I am refering to Suntra Investment bank, are they fully back on stream, ie fully operational ?

We subscribed to Suntra nominees for my kid many years back but the last I heard was that Suntra is almost going the way of moribound discount brokers.

It will be a cheering news if they are fully back up.