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CDSC SYSTEM
Rank: Elder Joined: 10/11/2006 Posts: 2,304
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Pls advice. ever since i bought some mumias sugar shares on 7th Feb my account at CDSC still shows 'PENDING BUY'. How long does it take for the system to register that ua shares r indeed yours? Does it mean u cannot trade in the shares within, say, 2 days? Ua help appreciated. Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Does their sms still work? Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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mnandii wrote:Pls advice. ever since i bought some mumias sugar shares on 7th Feb my account at CDSC still shows 'PENDING BUY'. How long does it take for the system to register that ua shares r indeed yours?
Does it mean u cannot trade in the shares within, say, 2 days?
Ua help appreciated. It takes three days to register shares in your name... Most brokers shut down your trading platform when in active for more than 3 months.... Most likely the shares are in your brokerage account or otherwise the order you placed expired before it could be executed at the desired price... If there is any problem its most likely with your broker and not CDSC!! Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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guru267 wrote:mnandii wrote:Pls advice. ever since i bought some mumias sugar shares on 7th Feb my account at CDSC still shows 'PENDING BUY'. How long does it take for the system to register that ua shares r indeed yours?
Does it mean u cannot trade in the shares within, say, 2 days?
Ua help appreciated. It takes three days to register shares in your name... Most brokers shut down your trading platform when in active for more than 3 months.... Most likely the shares are in your brokerage account or otherwise the order you placed expired before it could be executed at the desired price...If there is any problem its most likely with your broker and not CDSC!! @guru surely... anyway, monday morning... BIDS do not reflect at the CDSC. A 7th FEB (9 months old)issue should be sorted easily at the brokers. Pesa Nane plans to be shilingi when he grows up.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Pesa Nane wrote:guru267 wrote:mnandii wrote:Pls advice. ever since i bought some mumias sugar shares on 7th Feb my account at CDSC still shows 'PENDING BUY'. How long does it take for the system to register that ua shares r indeed yours?
Does it mean u cannot trade in the shares within, say, 2 days?
Ua help appreciated. It takes three days to register shares in your name... Most brokers shut down your trading platform when in active for more than 3 months.... Most likely the shares are in your brokerage account or otherwise the order you placed expired before it could be executed at the desired price...If there is any problem its most likely with your broker and not CDSC!! @guru surely... anyway, monday morning... BIDS do not reflect at the CDSC. A 7th FEB (9 months old)issue should be sorted easily at the brokers. He he, its indeed monday morning .... thats 2 years 9 months
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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dunkang wrote:Does their sms still work? I guess this thread was revived by @dunkang coz of the above query.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 12/8/2009 Posts: 975 Location: Nairobi
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hisah wrote:dunkang wrote:Does their sms still work? I guess this thread was revived by @dunkang coz of the above query. many of us don't check. Its better to start a new thread  You will know that you have arrived when money and time are not mutually exclusive "events" in you life!
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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dunkang wrote:Does their sms still work? yes I get the sms from the new 22372 and not the earlier one 2372
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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I think CDSC is the most incompetently run parastatal in Kenya. Surely should updating one's bank details take more than a month? I spoke to someone who has been trying to convert their share certificate to electronic and its now over 5 months. Kwani what sort of people do these organizations employ? "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
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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murchr wrote:I think CDSC is the most
incompetently run parastatal in Kenya. Surely should updating one's bank
details take more than a month? I spoke to someone who has been trying
to convert their share certificate to electronic and its now over 5
months. Kwani what sort of people do these organizations employ?
Totally agree @Murchr,6 months now for a colleague grown tired of all the back and forth,has decided to try for the last time and seek legal address if it fails. possunt quia posse videntur
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Rank: Member Joined: 2/16/2013 Posts: 123 Location: MSA
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maka wrote:murchr wrote:I think CDSC is the most
incompetently run parastatal in Kenya. Surely should updating one's bank
details take more than a month? I spoke to someone who has been trying
to convert their share certificate to electronic and its now over 5
months. Kwani what sort of people do these organizations employ?
Totally agree @Murchr,6 months now for a colleague grown tired of all the back and forth,has decided to try for the last time and seek legal address if it fails. The problem could be the different registrars; I requested to transfer from cheque receipts to bank transfers, however I still receive cheques for some of my dividends while others direct into the bank! Timely advice is as lovely as golden apples in a silver basket. Proverbs 25:11
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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As far as iam concerned,the term "pending buy"means the shares you wanted to purchase have been paid for awaiting transfer. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Member Joined: 3/3/2014 Posts: 131
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I noticed that am receiving updates and reports from NSE of late and I dont recall subscribing for any, Do they normally send to you guys and is it at a fee? please help. IMITATION IS LIMITATION
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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SittingPretty wrote:maka wrote:murchr wrote:I think CDSC is the most
incompetently run parastatal in Kenya. Surely should updating one's bank
details take more than a month? I spoke to someone who has been trying
to convert their share certificate to electronic and its now over 5
months. Kwani what sort of people do these organizations employ?
Totally agree @Murchr,6 months now for a colleague grown tired of all the back and forth,has decided to try for the last time and seek legal address if it fails. The problem could be the different registrars; I requested to transfer from cheque receipts to bank transfers, however I still receive cheques for some of my dividends while others direct into the bank! The registrar advised that i contact my broker who asked me to fill a form, its now going to the 3rd week since the forms were taken to CDSC eish? I thot filling in the forms online would work for an org trying to claim that they are digital. "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
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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murchr wrote:SittingPretty wrote:maka wrote:murchr wrote:I think CDSC is the most
incompetently run parastatal in Kenya. Surely should updating one's bank
details take more than a month? I spoke to someone who has been trying
to convert their share certificate to electronic and its now over 5
months. Kwani what sort of people do these organizations employ?
Totally agree @Murchr,6 months now for a colleague grown tired of all the back and forth,has decided to try for the last time and seek legal address if it fails. The problem could be the different registrars; I requested to transfer from cheque receipts to bank transfers, however I still receive cheques for some of my dividends while others direct into the bank! The registrar advised that i contact my broker who asked me to fill a form, its now going to the 3rd week since the forms were taken to CDSC eish? I thot filling in the forms online would work for an org trying to claim that they are digital. Here i am 2 months later no help, no communication....NOTHING. Anyone with a reliable number that i can call? This is plainly unacceptable. MYK BK"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
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Rank: New-farer Joined: 2/6/2011 Posts: 60
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This website is down! How do such a sensitive website go down? These people need to up their game..Its unacceptable at this day and age. Aii
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Rank: Member Joined: 8/17/2007 Posts: 294
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@murchr CDSC is not a parastatal... It has a horrible shareholding structure all the same, they are a law unto themselves and accountable to no one....
NSE should acquire them!
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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instinct wrote:@murchr CDSC is not a parastatal... It has a horrible shareholding structure all the same, they are a law unto themselves and accountable to no one....
NSE should acquire them! NSE is acquiring them. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 3/15/2010 Posts: 391 Location: nairobie
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Kabird wrote:This website is down! How do such a sensitive website go down? These people need to up their game..Its unacceptable at this day and age. Aii They started sleeping when they used to send us 2372 alerts 3 or more times for the same message and failing to keep the system up it has been down for quite some years
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