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selling less than 100 shares
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slimshady
#11 Posted : Monday, September 14, 2009 11:52:00 AM
Rank: Member

Joined: 9/11/2009
Posts: 1
am greaful for signing up.your ideas are worth reading u;ve really helped me coz am a victim

slimshadys
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obiero
#12 Posted : Monday, September 14, 2009 2:51:00 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,251
Location: nairobi
I ask myself the same question! Bt i guess they consolidate the odd lots 4rm many sellers to make a whole 4 one buyer!

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rugi
#13 Posted : Tuesday, September 15, 2009 12:24:00 PM
Rank: Member

Joined: 9/11/2009
Posts: 2
hey guys some advice............... always place a shilling less than what it is trading at,that way they have a higher chance of being sold............. did that for kengen and kenya re shares
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lovely2010
#14 Posted : Friday, April 29, 2011 11:29:30 AM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
I have been watching lately, there is someone who is buying odd lots @ unthinkable price...imagine buying kq odd lots today @ 36.50...I hope they know what they are doing...Its crazy....
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manziwamtaa
#15 Posted : Friday, April 29, 2011 12:42:42 PM
Rank: Member

Joined: 11/14/2006
Posts: 28
I had posted a topic on odd lots a while back, after struggling for over a year with Suntra.

However, after I registered for Suntra Online, I was able to buy the odd lots and now I'm one happy girl.
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Genghis Khan
#16 Posted : Friday, April 29, 2011 12:49:32 PM
Rank: Member

Joined: 8/5/2010
Posts: 335
Location: Nairobi
Ask for a printed cert. and hang it on your office wallsmile

After 10 years give it to your kid as a BDay presentsmile
"I'd rather be lucky than clever... every time!" - ME
"The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN
"Space we can recover... time never!" - NAPOLEON BONAPARTE
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jerry
#17 Posted : Friday, April 29, 2011 1:57:27 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Genghis Khan wrote:
Ask for a printed cert. and hang it on your office wallsmile

After 10 years give it to your kid as a BDay presentsmile

=>the biggest nuisance with odd lots is the cents you get in terms of dvds. I once cashed a 19/= cheque at bbk!
The opposite of courage is not cowardice, it's conformity.
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VituVingiSana
#18 Posted : Friday, April 29, 2011 4:06:47 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
CMA in its glorious ignorance does not allow a mechanism for firms to clean up the share register. In many other countries/stockmarkets, the firms are allowed to clean up the Register by paying market price for the odd lots.

The cost of (most) odd lots is very high to the firms! Paying out 20/- dividend costs more than 20/- per chq or even M-Pesa.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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pariah
#19 Posted : Monday, April 01, 2013 8:13:54 PM
Rank: Member

Joined: 11/24/2011
Posts: 833
has anyone managed to get rid of the odd lots at NIC brokerage firm? the 17 bob cheques or 9 bob for dividends is annoying
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