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Odd lots
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2012
#21 Posted : Tuesday, January 18, 2011 2:41:28 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Tommy wrote:

@2012, Speaking of transfers, how do you do a transfer, and how long does it take. I once wanted to transfer my shares to a relatives account, it was problematic mpaka i gave up.


Honestly, I don't know but my broker is opening an account for my son and he'll transfer. He said all I have to do is sign the transfers.

BBI will solve it :)
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manziwamtaa
#22 Posted : Tuesday, January 18, 2011 5:21:31 PM
Rank: Member

Joined: 11/14/2006
Posts: 28
mlennyma wrote:
I have kcb 16,centum 20,kre 72, cfc 83, sasini 56,kengen 8..,iam still doing away with them in vain.



I could do with your KCB 16, I only need 28 to get to 100
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amolo
#23 Posted : Tuesday, January 18, 2011 8:34:04 PM
Rank: Member

Joined: 1/29/2007
Posts: 70
Mlennyma, put your Centum 20 at a good price (for odd lots), not normal board price, and I will take them immediately market opens tomorrow, I promise you that, I have an order for Centum odd lots
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patrazi
#24 Posted : Thursday, September 26, 2013 10:25:21 PM
Rank: New-farer

Joined: 7/18/2012
Posts: 76
I've benefited from this thread. I had the odd lots but i have managed to clear them. I had thought that it was impossible to get rid of them.
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mkeiyd
#25 Posted : Friday, September 27, 2013 9:43:00 AM
Rank: Veteran

Joined: 3/26/2012
Posts: 1,182
patrazi wrote:
I've benefited from this thread. I had the odd lots but i have managed to clear them. I had thought that it was impossible to get rid of them.


How did you do it?
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jerry
#26 Posted : Friday, September 27, 2013 11:48:47 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
mkeiyd wrote:
patrazi wrote:
I've benefited from this thread. I had the odd lots but i have managed to clear them. I had thought that it was impossible to get rid of them.


How did you do it?

You need patience to SELL/BUY odd lots.
The opposite of courage is not cowardice, it's conformity.
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patrazi
#27 Posted : Saturday, September 28, 2013 9:22:29 PM
Rank: New-farer

Joined: 7/18/2012
Posts: 76
mkeiyd wrote:
patrazi wrote:
I've benefited from this thread. I had the odd lots but i have managed to clear them. I had thought that it was impossible to get rid of them.


How did you do it?

If you have 63 shares, place a buy order of 39 shares to make 100 shares. I did thro dyerandblair within an hour for 4 counters.
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Realtreaty
#28 Posted : Sunday, September 29, 2013 3:01:19 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,388
Why then do we need brokers if they cannot sell a stock with odd lots for their customers? Isn't this a business weakness? Brokers where one has invested should be able to take up old lots at their present value back to the investing company! Odd lots are creation of bonus issues.
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VituVingiSana
#29 Posted : Monday, September 30, 2013 3:28:07 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
patrazi wrote:
mkeiyd wrote:
patrazi wrote:
I've benefited from this thread. I had the odd lots but i have managed to clear them. I had thought that it was impossible to get rid of them.


How did you do it?

If you have 63 shares, place a buy order of 39 shares to make 100 shares. I did thro dyerandblair within an hour for 4 counters.
I suggest you buy a calculator first.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Museveni
#30 Posted : Monday, September 30, 2013 3:50:38 PM
Rank: Member

Joined: 8/16/2012
Posts: 661
VituVingiSana wrote:
patrazi wrote:
mkeiyd wrote:
patrazi wrote:
I've benefited from this thread. I had the odd lots but i have managed to clear them. I had thought that it was impossible to get rid of them.


How did you do it?

If you have 63 shares, place a buy order of 39 shares to make 100 shares. I did thro dyerandblair within an hour for 4 counters.
I suggest you buy a calculator first.


Live and learn; and don’t forget, nothing ventured, nothing gained.
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