Wazua
»
Investor
»
Stocks
»
CFC Online Share Trading
Rank: Veteran Joined: 5/5/2011 Posts: 1,059
|
Risasi Sufuri wrote:A quick one....does the online platform show shares (Supply and demand figures) listed under GEMs such as the monkey called ADSS? when it works it's very nice gives you all supply and demand data real time like if you make an order it shows instantly unless it is traded instantly. To Each His Own
|
|
|
Rank: Elder Joined: 7/11/2010 Posts: 5,040
|
Risasi Sufuri wrote:A quick one....does the online platform show shares (Supply and demand figures) listed under GEMs such as the monkey called ADSS? Yes. But you need add it to the watchlist. The investor's chief problem - and even his worst enemy - is likely to be himself
|
|
|
Rank: Veteran Joined: 5/5/2011 Posts: 1,059
|
mlennyma wrote:kayhara wrote:Gatheuzi wrote:gesowan wrote:Error : USER SUSPENDED I also got that message first time I logged into the new platform. You need to email them to reset out account. NKT why does thing show market closed when it is clearly open? is it my net or is anyone else experiencing the same this has been my nightmare,when i went there the lady logged in using her computer and showed me its open so i check my system settings, i left unsatisfied because she insisted the problem is not on their side,i still experience this problem on and off found some solutions to the issues, one don't use safaricom internet, airtel, yu, orange, faiba and zuku all seem to work every time but not so with safaricom, 2 when suspended just use the forgotten password option, To Each His Own
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
niko na solution if you are using AT LITE systems. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Veteran Joined: 5/5/2011 Posts: 1,059
|
Spikes wrote:niko na solution if you are using AT LITE systems. Share your knowledge To Each His Own
|
|
|
Rank: New-farer Joined: 3/3/2010 Posts: 79
|
I checked my CFC account recently and saw some figures that I can't seem to understand how they derived at. What does "Market Portfolio Value after Haircut" mean? I calculated the brokerage fee, transaction charges and withholding tax but couldn't come up with the same figure. Can someone please explain how they come up with that amount?  Knowledge is contagious...Infect truth!
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
Afroblk wrote:I checked my CFC account recently and saw some figures that I can't seem to understand how they derived at. What does "Market Portfolio Value after Haircut" mean? I calculated the brokerage fee, transaction charges and withholding tax but couldn't come up with the same figure. Can someone please explain how they come up with that amount? You are a joker. I am not taking you pretty serious . John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
|
A haircut, in the financial industry, is a percentage discount that's applied informally to the market value of a stock or the face value of a bond in an attempt to account for the risk of loss that the investment poses. So, for example, a stock with a market value of 100 may get a haircut of 20%, to 80, when an analyst or money manager tries to anticipate what is likely to happen to the price. "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,460
|
mlennyma wrote:A haircut, in the financial industry, is a percentage discount
that's applied informally to the market value of a stock or the
face value of a bond in an attempt to account for the risk of
loss that the investment poses.
So, for example, a stock with a market value of 100 may get a
haircut of 20%, to 80, when an analyst or money manager tries
to anticipate what is likely to happen to the price. Haircut is the value of your shares after a discount to cover price variation risk and in developed markets, this is max. value of security/collateral your shares can cover. If your shares are worth 1,000,000/= actual value and 750,000/= after haircut, it means that (in a developed/mature market) you can use those shares to secure a 750,000/= loan. In Kenya, simply ignore the figure. No one ever uses it! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,460
|
Spikes wrote:Afroblk wrote:I checked my CFC account recently and saw some figures that I can't seem to understand how they derived at. What does "Market Portfolio Value after Haircut" mean? I calculated the brokerage fee, transaction charges and withholding tax but couldn't come up with the same figure. Can someone please explain how they come up with that amount? You are a joker. I am not taking you pretty serious . Kuwa mpole. Even silence is a response. You don't have to respond to everything. This is a community. While others are at the level of Dr. Opus Dei and Jimnah Mbaru others are just beginning and many, many more are in between. And everyone started at the bottom unless of course there is ONE fellow (guess whom!) who was born knowing what a haircut is (Either the one given by a barber or the financial one!!) Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
|
MaichBlack wrote:Spikes wrote:Afroblk wrote:I checked my CFC account recently and saw some figures that I can't seem to understand how they derived at. What does "Market Portfolio Value after Haircut" mean? I calculated the brokerage fee, transaction charges and withholding tax but couldn't come up with the same figure. Can someone please explain how they come up with that amount? You are a joker. I am not taking you pretty serious . Kuwa mpole. Even silence is a response. You don't have to respond to everything. This is a community. While others are at the level of Dr. Opus Dei and Jimnah Mbaru others are just beginning and many, many more are in between. And everyone started at the bottom unless of course there is ONE fellow (guess whom!) who was born knowing what a haircut is (Either the one given by a barber or the financial one!!)  "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
|
mlennyma wrote:MaichBlack wrote:Spikes wrote:Afroblk wrote:I checked my CFC account recently and saw some figures that I can't seem to understand how they derived at. What does "Market Portfolio Value after Haircut" mean? I calculated the brokerage fee, transaction charges and withholding tax but couldn't come up with the same figure. Can someone please explain how they come up with that amount? You are a joker. I am not taking you pretty serious . Kuwa mpole. Even silence is a response. You don't have to respond to everything. This is a community. While others are at the level of Dr. Opus Dei and Jimnah Mbaru others are just beginning and many, many more are in between. And everyone started at the bottom unless of course there is ONE fellow (guess whom!) who was born knowing what a haircut is (Either the one given by a barber or the financial one!!) Applause! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
|
|
|
Rank: Member Joined: 8/16/2012 Posts: 660
|
Spikes wrote:mlennyma wrote:MaichBlack wrote:Spikes wrote:Afroblk wrote:I checked my CFC account recently and saw some figures that I can't seem to understand how they derived at. What does "Market Portfolio Value after Haircut" mean? I calculated the brokerage fee, transaction charges and withholding tax but couldn't come up with the same figure. Can someone please explain how they come up with that amount? You are a joker. I am not taking you pretty serious . Kuwa mpole. Even silence is a response. You don't have to respond to everything. This is a community. While others are at the level of Dr. Opus Dei and Jimnah Mbaru others are just beginning and many, many more are in between. And everyone started at the bottom unless of course there is ONE fellow (guess whom!) who was born knowing what a haircut is (Either the one given by a barber or the financial one!!) Applause! Kindly use the search button on wazua more often Genghis Khan wrote:Gordon Gekko wrote:erifloss wrote:@Impunity, The Market value of your shares is valued at previous closing prices while the valuation after haircut is less by 25%. The valuation after haircut is normally used on instances when one is borrowing funds against the security so as to guard the lender against market fluctuations and is at times based on the spread or in developed markets when dealing in futures this is the amount that is normally locked in though the true amount or value locked is the market value.Most markets use 25%.
So don't get worried in any way the true value of your portfolio is 120k and not 103k, its just helping you know how much you can get on your portfolio as a security for any financing or the much you can lose on the basis of the spread. Meaning I can take a loan to the value of my haircut? Simply, a hair cut is the difference between market value and dues expected upon a forced-sell.It depends on your assets' liquidity as well as market behaviour (eg. buy and sell volumes, price ranging/trending) The broker gives a 17k haircut, he is informing @Impunity that in terms of immediate liquidity his 120k shares are worth 103k. ie " if you need cash urgently, we think we can get you 103k chap chap."This is just the broker's valid opinion. Also, in my own opinion, if @Impunity went to a bank to borrow against his shares, they may give him a 40% hair cut and lend him 70-75k against the shares. Live and learn; and don’t forget, nothing ventured, nothing gained.
|
|
|
Rank: New-farer Joined: 3/3/2010 Posts: 79
|
MaichBlack wrote:mlennyma wrote:A haircut, in the financial industry, is a percentage discount
that's applied informally to the market value of a stock or the
face value of a bond in an attempt to account for the risk of
loss that the investment poses.
So, for example, a stock with a market value of 100 may get a
haircut of 20%, to 80, when an analyst or money manager tries
to anticipate what is likely to happen to the price. Haircut is the value of your shares after a discount to cover price variation risk and in developed markets, this is max. value of security/collateral your shares can cover. If your shares are worth 1,000,000/= actual value and 750,000/= after haircut, it means that (in a developed/mature market) you can use those shares to secure a 750,000/= loan. In Kenya, simply ignore the figure. No one ever uses it! MaichBlack, thanks man....I appreciate you taking the time to explain. Good Luck! Knowledge is contagious...Infect truth!
|
|
|
Wazua
»
Investor
»
Stocks
»
CFC Online Share Trading
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|