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Help! Lost 'Partner'
Pierce
#1 Posted : Monday, July 01, 2013 4:03:06 PM
Rank: Veteran


Joined: 3/16/2009
Posts: 1,464
Dear Investors,

Need you advise.

I bought Scan Group shares during IPO, ahd many accounts to 'maximize' on allocation. Somehow one of the accounts which I had registered jointly with my househelp at the time was not immobilized and now I have a share certificate.

I now need his ID and signoff to immobilize and sell the share. The guy has refused and so far amenikula 4k for transport/send me copy of his I.D.

Need to sell these shares for the money?What do I do.

Saidia
Museveni
#2 Posted : Monday, July 01, 2013 4:10:56 PM
Rank: Member


Joined: 8/16/2012
Posts: 660
Pierce wrote:
Dear Investors,

Need you advise.

I bought Scan Group shares during IPO, ahd many accounts to 'maximize' on allocation. Somehow one of the accounts which I had registered jointly with my househelp at the time was not immobilized and now I have a share certificate.

I now need his ID and signoff to immobilize and sell the share. The guy has refused and so far amenikula 4k for transport/send me copy of his I.D.

Need to sell these shares for the money?What do I do.

Saidia




How do you plan to get the cash from him after he sells HIS shares ?
Live and learn; and don’t forget, nothing ventured, nothing gained.
murchr
#3 Posted : Monday, July 01, 2013 4:24:41 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Pierce wrote:
Dear Investors,

Need you advise.

I bought Scan Group shares during IPO, ahd many accounts to 'maximize' on allocation. Somehow one of the accounts which I had registered jointly with my househelp at the time was not immobilized and now I have a share certificate.

I now need his ID and signoff to immobilize and sell the share. The guy has refused and so far amenikula 4k for transport/send me copy of his I.D.

Need to sell these shares for the money?What do I do.

Saidia


d'oh! How many shares?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Pierce
#4 Posted : Monday, July 01, 2013 4:29:50 PM
Rank: Veteran


Joined: 3/16/2009
Posts: 1,464
murchr wrote:
Pierce wrote:
Dear Investors,

Need you advise.

I bought Scan Group shares during IPO, ahd many accounts to 'maximize' on allocation. Somehow one of the accounts which I had registered jointly with my househelp at the time was not immobilized and now I have a share certificate.

I now need his ID and signoff to immobilize and sell the share. The guy has refused and so far amenikula 4k for transport/send me copy of his I.D.

Need to sell these shares for the money?What do I do.

Saidia


d'oh! How many shares?


Plus a relative (also had the guys name) 1200 shares.
King G
#5 Posted : Monday, July 01, 2013 4:30:22 PM
Rank: Elder


Joined: 6/20/2012
Posts: 3,855
Location: Othumo
4k, go get a death certificate at AG chambers hiyo story iishe!!! then you become the beneficiary.

how have you been doing dividends???
Thieves
Pierce
#6 Posted : Monday, July 01, 2013 4:33:15 PM
Rank: Veteran


Joined: 3/16/2009
Posts: 1,464
King G wrote:
4k, go get a death certificate at AG chambers hiyo story iishe!!! then you become the beneficiary.

how have you been doing dividends???



Good question, last time (for the first time) it came out with my names only (guess nature conspired to help). As for the rest I have them in a file.........Sad
Pierce
#7 Posted : Monday, July 01, 2013 4:36:14 PM
Rank: Veteran


Joined: 3/16/2009
Posts: 1,464
King G wrote:
4k, go get a death certificate at AG chambers hiyo story iishe!!! then you become the beneficiary.

how have you been doing dividends???



What....Guess I have to forget and move on.
Aguytrying
#8 Posted : Monday, July 01, 2013 4:40:20 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Pierce wrote:
King G wrote:
4k, go get a death certificate at AG chambers hiyo story iishe!!! then you become the beneficiary.

how have you been doing dividends???



What....Guess I have to forget and move on.


Best thing here is. You have the certificate, he has the ID.
Negotiate with him, you will have to give him some of the shares(cash)
I think that the only way.
The investor's chief problem - and even his worst enemy - is likely to be himself
murchr
#9 Posted : Monday, July 01, 2013 4:44:15 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Pierce wrote:
murchr wrote:
Pierce wrote:
Dear Investors,

Need you advise.

I bought Scan Group shares during IPO, ahd many accounts to 'maximize' on allocation. Somehow one of the accounts which I had registered jointly with my househelp at the time was not immobilized and now I have a share certificate.

I now need his ID and signoff to immobilize and sell the share. The guy has refused and so far amenikula 4k for transport/send me copy of his I.D.

Need to sell these shares for the money?What do I do.

Saidia



d'oh! How many shares?


Plus a relative (also had the guys name) 1200 shares.


Now..if he's not very literate...mpeleke pale CID headquarters then have his fingerprints taken. In the process ya hio confusion chukua kitambulisho and make the necessary moves. As for the relative...pay him/her kitu kidogo tu...you used them u know?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Pierce
#10 Posted : Monday, July 01, 2013 4:51:26 PM
Rank: Veteran


Joined: 3/16/2009
Posts: 1,464
murchr wrote:
Pierce wrote:
murchr wrote:
Pierce wrote:
Dear Investors,

Need you advise.

I bought Scan Group shares during IPO, ahd many accounts to 'maximize' on allocation. Somehow one of the accounts which I had registered jointly with my househelp at the time was not immobilized and now I have a share certificate.

I now need his ID and signoff to immobilize and sell the share. The guy has refused and so far amenikula 4k for transport/send me copy of his I.D.

Need to sell these shares for the money?What do I do.

Saidia



d'oh! How many shares?


Plus a relative (also had the guys name) 1200 shares.


Now..if he's not very literate...mpeleke pale CID headquarters then have his fingerprints taken. In the process ya hio confusion chukua kitambulisho and make the necessary moves. As for the relative...pay him/her kitu kidogo tu...you used them u know?


I tried negotiating, the guy told he wanted 40K. The bit about my rela is that my rela is in the same fix as i am with the same guy. So The guy demanded 40K upfront as he was not guaranteed that we would pay him once we had sold.

Soon after is when he said that we send him transport chums for him to come to NBO we discuss. He never came and did not refund the chums. He has since chabnged his mobile number.
maka
#11 Posted : Monday, July 01, 2013 5:24:14 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Talk to me...
possunt quia posse videntur
Aguytrying
#12 Posted : Monday, July 01, 2013 5:44:12 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
since he's playing dirty, you and your rela have to take off the gloves too. u can even negotiate with his significant other get his Id in secret, it's ur cash after all and he's refused the gentlemans agreement
The investor's chief problem - and even his worst enemy - is likely to be himself
mwekez@ji
#13 Posted : Monday, July 01, 2013 7:10:12 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Pierce wrote:
murchr wrote:
Pierce wrote:
murchr wrote:
Pierce wrote:
Dear Investors,

Need you advise.

I bought Scan Group shares during IPO, ahd many accounts to 'maximize' on allocation. Somehow one of the accounts which I had registered jointly with my househelp at the time was not immobilized and now I have a share certificate.

I now need his ID and signoff to immobilize and sell the share. The guy has refused and so far amenikula 4k for transport/send me copy of his I.D.

Need to sell these shares for the money?What do I do.

Saidia



d'oh! How many shares?


Plus a relative (also had the guys name) 1200 shares.


Now..if he's not very literate...mpeleke pale CID headquarters then have his fingerprints taken. In the process ya hio confusion chukua kitambulisho and make the necessary moves. As for the relative...pay him/her kitu kidogo tu...you used them u know?


I tried negotiating, the guy told he wanted 40K. The bit about my rela is that my rela is in the same fix as i am with the same guy. So The guy demanded 40K upfront as he was not guaranteed that we would pay him once we had sold.

Soon after is when he said that we send him transport chums for him to come to NBO we discuss. He never came and did not refund the chums. He has since chabnged his mobile number.


Eti pay him 40K upfront + 4K transport for 1,200 shares worth 72K. Thats even more than than what he'd get if the account was split into two. the househelp is playing you very smartly. ....
King G
#14 Posted : Monday, July 01, 2013 8:36:34 PM
Rank: Elder


Joined: 6/20/2012
Posts: 3,855
Location: Othumo
Enyewe kuishi ni kusikia kwingi d'oh! d'oh! d'oh!
Thieves
MaichBlack
#15 Posted : Tuesday, July 02, 2013 1:19:06 AM
Rank: Elder


Joined: 7/22/2009
Posts: 7,460
Pierce wrote:
murchr wrote:
Pierce wrote:
murchr wrote:
Pierce wrote:
Dear Investors,

Need you advise.

I bought Scan Group shares during IPO, ahd many accounts to 'maximize' on allocation. Somehow one of the accounts which I had registered jointly with my househelp at the time was not immobilized and now I have a share certificate.

I now need his ID and signoff to immobilize and sell the share. The guy has refused and so far amenikula 4k for transport/send me copy of his I.D.

Need to sell these shares for the money?What do I do.

Saidia



d'oh! How many shares?


Plus a relative (also had the guys name) 1200 shares.


Now..if he's not very literate...mpeleke pale CID headquarters then have his fingerprints taken. In the process ya hio confusion chukua kitambulisho and make the necessary moves. As for the relative...pay him/her kitu kidogo tu...you used them u know?


I tried negotiating, the guy told he wanted 40K. The bit about my rela is that my rela is in the same fix as i am with the same guy. So The guy demanded 40K upfront as he was not guaranteed that we would pay him once we had sold.

Soon after is when he said that we send him transport chums for him to come to NBO we discuss. He never came and did not refund the chums. He has since chabnged his mobile number.

Agree to pay him the screw him over. Tell him you don't have the cash but you can get it to him once the sale goes thru. Once it does, tell him to go jump off a bridge! If this doesn't work, negotiate @mawinder style. The 4k you gave him would have been enough for the Gachie Mafia to "convince" him to sign the necessary documents! And next time don't let them leave your employ before everything is sorted out!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
ChumsQuest
#16 Posted : Tuesday, July 02, 2013 8:30:09 AM
Rank: Member


Joined: 1/24/2013
Posts: 325
murchr wrote:
Pierce wrote:
Dear Investors,

Need you advise.

I bought Scan Group shares during IPO, ahd many accounts to 'maximize' on allocation. Somehow one of the accounts which I had registered jointly with my househelp at the time was not immobilized and now I have a share certificate.

I now need his ID and signoff to immobilize and sell the share. The guy has refused and so far amenikula 4k for transport/send me copy of his I.D.

Need to sell these shares for the money?What do I do.

Saidia


d'oh! How many shares?

Someone school me on this; why would you want to register anything with the help? Benefits?
maka
#17 Posted : Tuesday, July 02, 2013 10:17:37 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
@Pierce my offer still stands you can get your shares haraka upesi...
possunt quia posse videntur
Iganamagana
#18 Posted : Tuesday, July 02, 2013 1:59:21 PM
Rank: Veteran


Joined: 3/27/2009
Posts: 1,437
Pierce wrote:
Dear Investors,

Need you advise.

I bought Scan Group shares during IPO, ahd many accounts to 'maximize' on allocation. Somehow one of the accounts which I had registered jointly with my househelp at the time was not immobilized and now I have a share certificate.

I now need his ID and signoff to immobilize and sell the share. The guy has refused and so far amenikula 4k for transport/send me copy of his I.D.

Need to sell these shares for the money?What do I do.

Saidia


Consult @Mawinder.
Mastermind
#19 Posted : Tuesday, July 02, 2013 2:00:46 PM
Rank: Veteran


Joined: 1/25/2012
Posts: 1,624
Location: Langley
Forget about the shares first.
Get a friend (a real one) then tell him your predicament. In months time tell your friend to call him using office line, let him pretend he's calling from CDSC/A bank then tell the dude you took a loan against the shares and he (househelp) will lose his ownership if he won't produce his Id or come to Nairobi since you have defaulted in paying some instalments. If he chooses to come let him meet your friend and after getting his id and ensuring everything is okay. Tell him to f*** off!!!
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
The optimist
#20 Posted : Tuesday, July 02, 2013 2:48:03 PM
Rank: Member


Joined: 6/14/2010
Posts: 521
Location: Nairobi
Mastermind wrote:
Forget about the shares first.
Get a friend (a real one) then tell him your predicament. In months time tell your friend to call him using office line, let him pretend he's calling from CDSC/A bank then tell the dude you took a loan against the shares and he (househelp) will lose his ownership if he won't produce his Id or come to Nairobi since you have defaulted in paying some instalments. If he chooses to come let him meet your friend and after getting his id and ensuring everything is okay. Tell him to f*** off!!!


This one sounds like experience.
Talk to his chief upcountry and water his mouth. Things will happen.
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