wazua Sat, Mar 21, 2026
Welcome Guest Search | Active Topics | Log In

4 Pages<1234>
Do you hold Co-op, KQ, Barclays, EA Cables & KCB shares?
Options
Previous Topic · Next Topic
Jamani
#11 Posted : Saturday, September 03, 2011 9:41:37 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
sparkly wrote:
Jamani wrote:
sparkly wrote:
50,000 kshs worth or no. of shares?


Read the question........Do you currently hold and intend to hold your 50,000+ shares in any of the above stocks until June 2012?

I think its clear

Did i ask you?


Your question was open ended, look at it.. its an open forum,
Back to top
  |
gatoho
#12 Posted : Saturday, September 03, 2011 9:59:59 PM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
sparkly wrote:
Jamani wrote:
sparkly wrote:
50,000 kshs worth or no. of shares?


Read the question........Do you currently hold and intend to hold your 50,000+ shares in any of the above stocks until June 2012?

I think its clear
Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Did i ask you?



I can feel the tone and for some reason in kyuk.

Mainat washa ukora
Foresight..
Back to top
  |
Mainat
#13 Posted : Saturday, September 03, 2011 10:55:44 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Hisah/Mwezekeji just short selling not naked short-selling. Big difference.
Sparkling-its 50k shares. Lower amount might be worth the deal.
QW/Gatoho, please don't feel any pressure to comment on every thread...The outcome might not show your best side.

Slykat-no risk for the holder of the shares. Your broker will act as the custodian as he does today. The legal agreement will specify how long you will lend the shares to me for; what happens if one of us wants to terminate the agreement before the end of the specified period and what happens if the prices move against me the borrower.

Short selling also known as going short is the opposite of going long also known as buying at the NSE. I do both.

Sehemu ndio nyumba
Back to top
  | | Edit by user: Saturday, September 03, 2011 11:25 PM | Reason: Not specified
QW25081985
#14 Posted : Saturday, September 03, 2011 11:05:40 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
@ Mainat . even if time are hard it doesnt mean you con us . thought you are a sensible man/woman but wewe ni mkora ..
Back to top
  |
groupielove
#15 Posted : Sunday, September 04, 2011 1:51:35 AM
Rank: Member

Joined: 6/21/2010
Posts: 119
Location: Nairobi
Sorry but this is not Ukora. It is practiced in many countries. As indicated above, shorting is a legal business involving managing someone else shares where they can trade with your shares as they wish and pay you an agreed premium whether they make money or not.If shares depreciate, then they are obliged to pay you the total agreed sum. If they make profit...well, that is what took them there in the first place. They benefit, and you too
Back to top
  |
hisah
#16 Posted : Sunday, September 04, 2011 5:46:22 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Mainat wrote:
Hisah/Mwezekeji just short selling not naked short-selling. Big difference.
Sparkling-its 50k shares. Lower amount might be worth the deal.
QW/Gatoho, please don't feel any pressure to comment on every thread...The outcome might not show your best side.

Slykat-no risk for the holder of the shares. Your broker will act as the custodian as he does today. The legal agreement will specify how long you will lend the shares to me for; what happens if one of us wants to terminate the agreement before the end of the specified period and what happens if the prices move against me the borrower.

Short selling also known as going short is the opposite of going long also known as buying at the NSE. I do both.


I was being cheeky by including 'naked'... It tends to fry counters to juicy discounts smile Money has no morals...

CMA will ban short selling even when it doesn't exist smile

But seriously CMA should have it in place. They can ban the 'naked' version, which tends to be fraudulent.
CMA should introduce index trading. I'm being selfish here since I trade indices more than stocks thus avoiding too much work trying to read goosed up P&Ls of firms.

There are a number of counters that should have been shorted permanently (4 yrs ago) like paka, which is going nowhere!
This yr it was obvious banks were a shorting target even with 'good' results, but many still don't understand why... Maybe you can tell them why you have 3 banks on your list...

Anybody else that thinks short selling & index trading should be introduced apart from @mwekezaji & @mainat & the infamous @ybc...

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  | | Edit by user: Sunday, September 04, 2011 5:53 AM | Reason: Not specified
Muthawamunene
#17 Posted : Sunday, September 04, 2011 6:39:12 AM
Rank: Member

Joined: 1/3/2011
Posts: 264
Location: Nairobi
imho the cma (like most law and order bodies in kenya) does not have the skills, vigilance and scrutiny to monitor n avoid misuse of market derivatives. If some manager decides to short a stock and puts up a gang of other managers to drive the share price down, it would take the regulator forever to uncover the scum unlike in good governance systems where insider trading and fraudulent trades are uncovered before the bastard is in some Pacific island sippin on gin n juice.

All the same, shorts, futures, indices etc are good when well regulated or as W.B sez, "are weapons of mass destruction".

Ps. Currently Germany's placed a ban on short selling.
Back to top
  |
Mainat
#18 Posted : Sunday, September 04, 2011 8:30:37 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Pls note what has been banned in most of the EU is naked short selling.
The rationale for short selling is the same as for going and as simple. If you think that the NSE will remain bearish for at least another 9-12 months, you offer those who want to stay long an opportunity an additional similar amount to what they'll from the dividend.You are holding on because you know the market will recover in 2013. You'd like to average down. Short-selling offers you the opportunity. And some cash to do it.

The CMA has no rules on short-selling though a fair number of NSE investors do it. Neither does have any rules on marginal lending which is now widely practised i.e. when you get given a loan by Equity to buy shares in an IPO. Marginal lending in the west is specifically not allowed for most retail investors unless they've taken professional advice.

QW you are welcome to short Equity all the way to 12 infact. I'll lend you my shares to help you along. And charge you ofcourse.
NSE will fall for a while yet. You may as well benefit while you wait for the uplift in 2013.
Sehemu ndio nyumba
Back to top
  | | Edit by user: Sunday, September 04, 2011 9:13 AM | Reason: Not specified
QW25081985
#19 Posted : Sunday, September 04, 2011 10:54:25 AM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
Who will be the first sacrade cow we see if this short selling works.
@maint . Could you please layout how this short selling works in detail .
Back to top
  |
slykat
#20 Posted : Sunday, September 04, 2011 1:03:37 PM
Rank: Member

Joined: 2/20/2007
Posts: 359
@MainaT.

I see a problem here. I suppose you would be shorting at current prices and guaranteeing that plus amt equal to dividend. Now, at this point in the NSE, sb may have bought most of the stocks at prices significantly higher than current prices. Wouldn't such a holder rather sit it out and gain more on the upturn,in the fullness of time?
Back to top
  | | Edit by user: Sunday, September 04, 2011 1:05 PM | Reason: Not specified
4 Pages<1234>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.