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Buying shares of unlisted co
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streetwise
#1 Posted : Tuesday, March 26, 2013 9:17:25 AM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
what is the stuctured way of doing this..i.e if I want to buy shares that are not listed..

1. Where do i go or who do i talk to.

2. How do I know the quoted prices are realistic

3. How do I ensure the right of ownership is tranfered to me.

Etc
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Eddy
#2 Posted : Tuesday, March 26, 2013 9:28:02 AM
Rank: Member


Joined: 7/20/2006
Posts: 277
streetwise wrote:
what is the stuctured way of doing this..i.e if I want to buy shares that are not listed..

1. Where do i go or who do i talk to.

2. How do I know the quoted prices are realistic

3. How do I ensure the right of ownership is tranfered to me.

Etc


1. There are brokers that deal with OTC shares.
2. You never know even in the listed shares, it is a gut feeling thing or use the professionals to advice.
3. You get a certificate and it is fully legal, the only challenge is that selling can take time.
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theking
#3 Posted : Tuesday, March 26, 2013 9:43:58 AM
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Joined: 1/25/2010
Posts: 344
are UNAITAS shares still on sale OTC?
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Eddy
#4 Posted : Tuesday, March 26, 2013 2:06:36 PM
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Joined: 7/20/2006
Posts: 277
theking wrote:
are UNAITAS shares still on sale OTC?


If buying you can do that direct with any branch.
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theking
#5 Posted : Tuesday, March 26, 2013 3:48:46 PM
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Joined: 1/25/2010
Posts: 344
Eddy wrote:
theking wrote:
are UNAITAS shares still on sale OTC?


If buying you can do that direct with any branch.


would u know the current price? wea r their branches in nrb?
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Eddy
#6 Posted : Tuesday, March 26, 2013 4:53:47 PM
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Joined: 7/20/2006
Posts: 277
theking wrote:
Eddy wrote:
theking wrote:
are UNAITAS shares still on sale OTC?


If buying you can do that direct with any branch.


would u know the current price? wea r their branches in nrb?


kindly check on http://www.unaitas.com/home.php and read on public share offer document plus you will get the branches from the site.
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Hunderwear
#7 Posted : Tuesday, March 26, 2013 5:12:17 PM
Rank: Member


Joined: 4/14/2011
Posts: 639
theking wrote:
are UNAITAS shares still on sale OTC?


Kindly note that UNAITAS is a Sacco and as such has no limited capital.Their shares are sold at the branches at 10 bob and the price is always the same.It wil only be OTC if they change from sacco.Hope this helps
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