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Suntra - Unhonoured POs, Court Cases
chi20
#1 Posted : Wednesday, June 17, 2009 1:54:00 PM
Rank: Member


Joined: 10/24/2008
Posts: 223
any latest news on this investment bank. i divorced it off late last year after it started misbehaving. but of late i have strong urges to rekindle the relationship afresh. the thrust comes from their strategic location,various bank accounts - for easier,safer and quick direct cash transfers,friendly executives (then),online transactions and a host of other friendly services they cared to offer.

secondly,i wish to know,since i did share transfer to another investment bank,can i still use the same old accounts at the suntra.





mwana wa kahii. . . . .
dunkang
#2 Posted : Friday, April 25, 2014 3:33:07 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
Where are Magic Movers Safaricom Shares worth KES 22M? Its been 5 years!
Receive with simplicity everything that happens to you.” ― Rashi

Murang'a
#3 Posted : Saturday, April 26, 2014 10:33:15 AM
Rank: Member


Joined: 3/3/2014
Posts: 131
chi20 wrote:
any latest news on this investment bank. i divorced it off late last year after it started misbehaving. but of late i have strong urges to rekindle the relationship afresh. the thrust comes from their strategic location,various bank accounts - for easier,safer and quick direct cash transfers,friendly executives (then),online transactions and a host of other friendly services they cared to offer.

secondly,i wish to know,since i did share transfer to another investment bank,can i still use the same old accounts at the suntra.





mwana wa kahii. . . . .

I had a small portion of shares in Suntra and I have moved them to Dyer since their online trading platform crumbled and they have never cared to rectify it...And also I have a feeling that my shares are not secure there, I have a friend who works in Safcom and their sacco used to advise them to trade with Suntra but that changed in 2012 after the sacco advised strongly against it.
IMITATION IS LIMITATION
mlennyma
#4 Posted : Saturday, April 26, 2014 11:20:29 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
This company seems not very serious with making business.I followed them to restore their online trading until I gaveup and moved to a more reliable company with more efficient online system and aggressive staff...
"Don't let the fear of losing be greater than the excitement of winning."
Murang'a
#5 Posted : Saturday, April 26, 2014 12:40:29 PM
Rank: Member


Joined: 3/3/2014
Posts: 131
mlennyma wrote:
This company seems not very serious with making business.I followed them to restore their online trading until I gaveup and moved to a more reliable company with more efficient online system and aggressive staff...

I am new in Dyer and I have not tried their online trading,,,how do you rate it?
I have been using SBG and it is good but I need Dyer coz of proximity to me.
IMITATION IS LIMITATION
premio
#6 Posted : Saturday, April 26, 2014 9:26:30 PM
Rank: Member


Joined: 5/31/2009
Posts: 226
SUNTRA INVESTMENT BANK run for your dear lives they are facing suits from missing refunds to total failure to buy shares for already paid up clients
Boris Boyka
#7 Posted : Sunday, April 27, 2014 9:41:10 AM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
premio wrote:
SUNTRA INVESTMENT BANK run for your dear lives they are facing suits from missing refunds to total failure to buy shares for already paid up clients

Expound to what amounts and quantities for those individuals to decide your personal experiences may not be similar to others. other Brokers may not be having this. but my understanding is that all financial institutions face such after failing clients including other Brokers do we run away from them completely??? unless you've seen extreme and possibility of collapsing don't call on ppl running then move to others get problems run again....... you solve problems not run away.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
MaichBlack
#8 Posted : Sunday, April 27, 2014 4:21:39 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,460
Suntra - Unhonoured Purchase Orders, Refusal to refund Cash and Court Cases

If this guys are shafting big boys like KCB, sembuse @simonkabz na wenzake???

Court Case One

Court Case Two
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
stockshunter
#9 Posted : Sunday, April 27, 2014 5:06:49 PM
Rank: Member


Joined: 1/16/2014
Posts: 114
Boris Boyka wrote:
premio wrote:
SUNTRA INVESTMENT BANK run for your dear lives they are facing suits from missing refunds to total failure to buy shares for already paid up clients

Expound to what amounts and quantities for those individuals to decide your personal experiences may not be similar to others. other Brokers may not be having this. but my understanding is that all financial institutions face such after failing clients including other Brokers do we run away from them completely??? unless you've seen extreme and possibility of collapsing don't call on ppl running then move to others get problems run again....... you solve problems not run away.

you sound like the owner. please update us on the progress of problem solving, coz we don't know the effective way of solving institution cork ups. run if you are not the owner otherwise queues za Nyaga stock broker na discount securities hazikuwa exciting, Trust me
fear makes people live a miserable life.
Boris Boyka
#10 Posted : Sunday, April 27, 2014 8:00:07 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
stockshunter wrote:
Boris Boyka wrote:
premio wrote:
SUNTRA INVESTMENT BANK run for your dear lives they are facing suits from missing refunds to total failure to buy shares for already paid up clients

Expound to what amounts and quantities for those individuals to decide your personal experiences may not be similar to others. other Brokers may not be having this. but my understanding is that all financial institutions face such after failing clients including other Brokers do we run away from them completely??? unless you've seen extreme and possibility of collapsing don't call on ppl running then move to others get problems run again....... you solve problems not run away.

you sound like the owner. please update us on the progress of problem solving, coz we don't know the effective way of solving institution cork ups. run if you are not the owner otherwise queues za Nyaga stock broker na discount securities hazikuwa exciting, Trust me

@stockshunter kokap!!! Haha hehe Nway let kina wanjiku that have been with suntra in last 2-3yrs speak of their experiences we know online trading isn't working that's one. Now who have had their shares or cheques or claims problematic? When you talk of running are basing it on collapsing or what? aren't they complying with new regulations? I do not want to use this "Safaricom IPO" one to judge them.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
mlennyma
#11 Posted : Monday, April 28, 2014 9:28:13 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Its only bad if a broker facing financial problems decides to sell your shares behind your back,or you sell and they fail to pay you,if that's not happening,even if they go under today,your shares will be intact with the CDSC,that's why we register the online alert system if somebody tries to sell anything you know pap.
"Don't let the fear of losing be greater than the excitement of winning."
dunkang
#12 Posted : Monday, April 28, 2014 10:10:40 AM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
The only risk associated with stocks trading at the NSE in this digital era (or error) is about money handling. All the other issues seems to have been sorted out.
Receive with simplicity everything that happens to you.” ― Rashi

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