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Stockbrokers to stop trading at NSE for a month
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maka
#71 Posted : Thursday, February 19, 2015 10:32:21 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Cancelled...
possunt quia posse videntur
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mlennyma
#72 Posted : Thursday, February 19, 2015 10:40:21 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
murchr wrote:
mlennyma wrote:
Othelo wrote:
KK is jinxed!!! d'oh! d'oh! d'oh!
Sad Sad
bad omen


@mlennyma, How will you survive given your addiction to the NSE? Pray

Help me God to overcome without heart attack Pray Pray
"Don't let the fear of losing be greater than the excitement of winning."
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VituVingiSana
#73 Posted : Thursday, February 19, 2015 11:15:42 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,358
Location: Nairobi
ecstacy wrote:
1. This is a poorly crafted law by Treasury technical. Review and fix.

2. On the other hand, for the stock brokers, what happened to using the courts if aggrieved? Seeking to force the hand of the state actors using threats is dishonest and unhelpful to the immediate investment climate. Make it 2 months if you may.

Let the systems play this out.

Did you read why they want to go this way? The court has told them to wait for a month for a ruling. And it can be delayed even further. It's crazy in the Milimani court!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mlennyma
#74 Posted : Thursday, February 19, 2015 11:33:24 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
VituVingiSana wrote:
ecstacy wrote:
1. This is a poorly crafted law by Treasury technical. Review and fix.

2. On the other hand, for the stock brokers, what happened to using the courts if aggrieved? Seeking to force the hand of the state actors using threats is dishonest and unhelpful to the immediate investment climate. Make it 2 months if you may.

Let the systems play this out.

Did you read why they want to go this way? The court has told them to wait for a month for a ruling. And it can be delayed even further. It's crazy in the Milimani court!

this could have been bad bad history since independence, even war torn countries trade
"Don't let the fear of losing be greater than the excitement of winning."
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  | | Edit by user: Thursday, February 19, 2015 11:35 PM | Reason: Not specified
mlennyma
#75 Posted : Thursday, February 19, 2015 11:46:56 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Was i dreaming to hear this?,this brokers need punishment for thinking like that.why pull a very dangerous weapon to kill a squirrel?
"Don't let the fear of losing be greater than the excitement of winning."
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whiteowl
#76 Posted : Friday, February 20, 2015 1:22:13 AM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
mlennyma wrote:
VituVingiSana wrote:
ecstacy wrote:
1. This is a poorly crafted law by Treasury technical. Review and fix.

2. On the other hand, for the stock brokers, what happened to using the courts if aggrieved? Seeking to force the hand of the state actors using threats is dishonest and unhelpful to the immediate investment climate. Make it 2 months if you may.

Let the systems play this out.

Did you read why they want to go this way? The court has told them to wait for a month for a ruling. And it can be delayed even further. It's crazy in the Milimani court!

this could have been bad bad history since independence, even war torn countries trade

Yep,Palestine stock exchange is always up and running!
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hisah
#77 Posted : Friday, February 20, 2015 5:34:50 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Luckily NSE doesn't have short selling. But the dice has been cast at yr highs on thin volume. Chills. Lose-lose scenario for mr market and taxman as confidence has been shaken. Holding value is now key. Anything else will be thrown under the bus. A shakeout looms...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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  | | Edit by user: Friday, February 20, 2015 5:36 AM | Reason: Not specified
Gatheuzi
#78 Posted : Friday, February 20, 2015 8:20:39 AM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
obiero's portfolio:19,600 KCB, 5,400 KEGN, 18,000 KQ

smile

This is your worth:
KBC 19,600 59.00 1,156,400.00
KEGN 5,400 10.55 56,970.00
KQ 18,000 10.00 180,000.00
TOTAL 1,393,370.00


Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Goldilocks Reloaded
#79 Posted : Friday, February 20, 2015 8:34:39 AM
Rank: Member

Joined: 1/14/2014
Posts: 178
obiero wrote:
littledove wrote:
Good news !!

"stock brokers have been prevailed upon to cancel their decision to suspend trading" k24 at 9

Hawa watu kweli wangesuspend trading na vile wanapenda commission


They were prevailed upon by who? Sonko?
And the way i thought i'll have some time to acquire some more capital to pick a few more deals when they reopen in a month "WINK" Angel
Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
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Aguytrying
#80 Posted : Friday, February 20, 2015 8:35:25 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
It's a dangerous move for the markets, however i don't think there's any other way of dealing with this regime. Luckilly situation resolved. "guess some sharks are neck deep in this" Laughing out loudly
The investor's chief problem - and even his worst enemy - is likely to be himself
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