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CFC Financial sending people to agents
sparkly
#101 Posted : Monday, May 07, 2012 3:25:27 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
If you can't trust CFC, whom will you trust?

Life is short. Live passionately.
Simplified
#102 Posted : Monday, May 07, 2012 3:44:22 PM
Rank: Member

Joined: 11/26/2009
Posts: 67
Location: Pare pare
sparkly wrote:
If you can't trust CFC, whom will you trust?



Beats me Not talking
Hug the bear....ride the bull.....di$mount!!!
Aguytrying
#103 Posted : Monday, May 07, 2012 3:59:13 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Simplified wrote:
sparkly wrote:
If you can't trust CFC, whom will you trust?



Beats me Not talking


It's true
The investor's chief problem - and even his worst enemy - is likely to be himself
pariah
#104 Posted : Monday, May 07, 2012 4:46:39 PM
Rank: Member

Joined: 11/24/2011
Posts: 833
when does the active lite platform ever work? every time i try it is 'currently unavailable'
Jamani
#105 Posted : Monday, May 07, 2012 5:55:39 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
pariah wrote:
when does the active lite platform ever work? every time i try it is 'currently unavailable'


and someone still asks for trust when the very basic is usually on currently unavailable mode..
Simplified
#106 Posted : Monday, May 07, 2012 7:31:10 PM
Rank: Member

Joined: 11/26/2009
Posts: 67
Location: Pare pare
Jamani wrote:
pariah wrote:
when does the active lite platform ever work? every time i try it is 'currently unavailable'


and someone still asks for trust when the very basic is usually on currently unavailable mode..


On any given trading day I log in/log out a minimum of 15 times with each session not lasting 30mins, 3/15 will be buggy.If you are in cfc get a contact from your main office whom you can rely on getting price quotes with or without activelite.My goal is to buy/sell when I want and a work around is ok. The day I will invest through a local investment vehicle is when am on the board. Major lessons learnt from the past.
Hug the bear....ride the bull.....di$mount!!!
_Advisory
#107 Posted : Tuesday, May 08, 2012 9:40:49 AM
Rank: New-farer

Joined: 4/24/2012
Posts: 12
I see a lot has happened and talked about since my last post.
If I may quote The Wazua spirit "The Wazua Spirit is to educate, inform, learn from others; within the limit of what we know, in any chosen area irrespective of our differences"
Having that in mind I shall answer your questions.
@mwekez@ji the advantages of dealing with EKV opposed to dealing with the principle is that we have a competent team with experience share trading. More-so EKV is very accessible and together with a re-engineered team at Dyer and Blair Investment Bank our focus is to provide you with valuable & profitable service.

Why the terminations? When EKV got an agency with CFC and since we had Retail clients not much could be done as in review of their business model no more business was possible.

@QW25091985,@mwekez@ji & @sparkly Where are they getting people's emails from? Some of our share trading consultants at EKV had clients in CFC some of whom had maintained a long-term relationship. Its in good faith that as they(CFC) moved the accounts to other agencies some clients like to maintain their broker. As such they still maintain there contact person but with EKV.

Hope I have answered your questions.
Please feel free to visit EKV offices at 3rd Floor Amee Arcade(Westlands) next to Unga Hse.

EKV Core business is in eight key business areas- audit, management consulting, risk management, MIS reporting, financial advisory, tax advisory, company secretarial services and human resource development.Share Trading is part of the company's strategic plan being implemented as from last year So please feel free to ask any questions with regards to that too.





mwekez@ji
#108 Posted : Wednesday, May 09, 2012 8:16:58 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
@_Advisory,

•One can get the benefits you mentioned (and more) from the principals (save for the restructured CFC).

•On emails and the terminations, wont dig deeper but am sure there is more


My advice, contribute more in wazua. We will get to know you better. That is how many have come to know and greatly respect @Genghis Capital

.
mwekez@ji
#109 Posted : Wednesday, May 09, 2012 8:20:47 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
@sparkly, Simplified, Aguytrying

Mistrust has never been on CFC but the agents
sparkly
#110 Posted : Wednesday, May 09, 2012 8:41:45 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
mwekez@ji wrote:
@sparkly, Simplified, Aguytrying

Mistrust has never been on CFC but the agents


The last time i dealt with an agent, my buy orders were not executed for months, i lost all the liqiud cash i had deposited with them and the principal refused to take responsibilty. On my last visit to the agent there was a large padlock on the door and their phones were mteja, till now.

Lucky for me i was young and had just started working. As painful as it was, i pulled myself up and went to the most credible and accountable broker at that time, CSFS.

@Advisory as much as you want to tell us how credible, efficient, hardworking etc you are, we are not that naive. The truth is that most agents are one man shows, lacking in corporate strategies, accountability and internal controls sytems.

CMA does not have enough muscle and teeth to police the brokers, let alone the agents! How.... in jesus name can a firm be allowed to do audit, tax, HR, MIS blah blah and take client's funds same time?
Life is short. Live passionately.
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