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CFC Financial sending people to agents
Rank: New-farer Joined: 4/24/2012 Posts: 12
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This is the issue..CFC is doing away with Individual Retail Clients,they are only maintaining only Corporate Accounts. Its rather unfair to individual clients since you are directed to two agencies. Rumour has it that this agencies has connection with some CFC's top level managers. I mean how many of this "review of our business model" casualties will they be channelled to this accounts just by the fact of insinuating. I guess its just business as usual at the expense of the customer.
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Rank: Elder Joined: 11/28/2006 Posts: 1,799
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This manugus are just amazing.. On activelite when you try make any order its rejected by the system ati because the trader has not logged in.. Has anyone else experienced this?? Market was open kitambo na huyu trader bado analala tu... NKT... ama they are trying to force our hands to go with the agents...
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Rank: Veteran Joined: 1/25/2012 Posts: 1,624 Location: Langley
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Has any of you tried Nic Securities?? If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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Mastermind wrote:Has any of you tried Nic Securities?? finding a broker is no biggie . asin no big issue . even you local bank can be taking your buy and sell orders and it ends there. what you need is added value to help you make better trading/investing decisions through periodic market analysis and and stock recommendations most brokers DONOT have that . If you are looking for a broker who will offer you more . Find us here
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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kwani nyinyi watu mumefungwa kamba kama ngombe cfc ?
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Rank: Veteran Joined: 1/25/2012 Posts: 1,624 Location: Langley
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QW25091985 wrote:Mastermind wrote:Has any of you tried Nic Securities?? finding a broker is no biggie . asin no big issue . even you local bank can be taking your buy and sell orders and it ends there. what you need is added value to help you make better trading/investing decisions and most brokers DONOT have that . If you are looking for a broker who will offer you more . Find us here They don't have a branch in Mombasa though.Anyway the grass might not be greener on the other side. How about sticking with Cfc?? If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Jamani, the proceeds of your sale can be distributed via EFT GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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youcan'tstopusnow wrote:Jamani, the proceeds of your sale can be distributed via EFT can be what if they opt to disable or rather change the rules to the effect that EFT will only be done through one of the agents hence you are arm twisted to register......
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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@ youcan'tstopusnow as stated in post #61 if it is true that these agents have connections with management then be sure EFT will be through the agents, kwani wata kula nini? lazima ufinywe kwa agents upende usi pende
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Jamani wrote: @ youcan'tstopusnow as stated in post #61 if it is true that these agents have connections with management then be sure EFT will be through the agents, kwani wata kula nini? lazima ufinywe kwa agents upende usi pende I inquired as to how one can receive the proceeds without registering with the agents. That was the reply... By the way, all my 'eggs' are not with CFC. I only joined to sample the online trading experience which has been less than pleasing so far with the system unavailable more often than not. Once this thing settles, I am likely to transfer the shares I have with them to my other broker. GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Jamani wrote: @ youcan'tstopusnow as stated in post #61 if it is true that these agents have connections with management then be sure EFT will be through the agents, kwani wata kula nini? lazima ufinywe kwa agents upende usi pende Na hawa EKV ni kina nani? They have solicited me. Said i will receive same service i receive at CFC! Life is short. Live passionately.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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sparkly wrote:
Na hawa EKV ni kina nani? They have solicited me. Said i will receive same service i receive at CFC!
Its another CFC agent that has been frustrating investors big time Read: http://www.wazua.co.ke/forum.aspx?g=posts&t=15940
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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My exit strategy
• Will not buy additional shares through CFC
• All sales proceed will now be diverted to my new broker
Am off to SIB. I have heard all good about them and no ill. And they have an online trading system that is key to my trading
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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…. BTW, did CFC also close their research department. I haven’t seen their research reports in a while
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Rank: New-farer Joined: 4/24/2012 Posts: 12
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@Sparkly I wish to correct you and state the facts. EKV is not another CFC agent frustrating Investors. EKV has no relation whatsoever with CFC. EKV is an agent of Dyer and Blair Investment Bank. Lets not talk out of emotion or hear say. They offer professional and personalized services which I have experienced. I personally moved out of CFC and am happy with the services I get- statements and updates.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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_Advisory wrote:@Sparkly I wish to correct you and state the facts. EKV is not another CFC agent frustrating Investors. EKV has no relation whatsoever with CFC. EKV is an agent of Dyer and Blair Investment Bank. Lets not talk out of emotion or hear say. They offer professional and personalized services which I have experienced. I personally moved out of CFC and am happy with the services I get- statements and updates. Lets talk facts!!! granville ws on Friday, November 18, 2011 7:22:52 AM wrote:Thanks for your email,my name is Collins Okeya from Ekv securities.i would like to apologize for the issue that came up after moving your contact person from CFC to Ekv securities. Ekv securities is an agent of CfC with its offices in Westlands at Amee arcade building. for any queries and clarifications feel free to contact us through the email cokeya@ekvsecurities.net, box no. 21624,Westlands. Collince_Opiyo_Okeyah on Monday, November 21, 2011 7:27:13 AM wrote:Just to add on the same about EKV Securities is that you can also view your statement and portfolio on-line by registering for Online Share Trading, please Visit our website on http://www.csfs.co.ke/activelite/ and Click on the hyperlink labeled "New User Registration". For queries on the web interface kindly send an e-mail to ost@stanbic.com This will facilitate the viewing of all transactions and deposits made in your account. Regards Collins Okeya, Contact Person EKV Securities. So if they are now an agent of Dyer and Blair, I dont expect anything different from what is said in the thread above http://www.wazua.co.ke/forum.as...m=279299&#post279299.... and I have a disturbing feeling that _Advisory = granville ws = Collince_Opiyo_Okeyah = EKV Securities
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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If s.i.b ever did this kind of circus with my money i woudnt even think twice about dealing with them . i would shift pronto. but still tell them to be sending me those market recommendations , though 
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Rank: Member Joined: 9/12/2009 Posts: 236 Location: Nairobi
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I was at INVESTAX Town hse today it was such a disappointment, no customer care just lots of renovation going on, i was not attended having waited for 30mins- had to leave. Am quitting PAP. SIB here i come...
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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anyone moving.shares take 2 months to be moved. so plan movement wisely SIB a few pointers. very good research dept. why is it that all national and international journals quote Eric musau. why only him he's from SIB. also why are they always involved in rights issue and other stock actions . do they always get them by merit or current regime gives goodwill. could this change in another regime? otherwise no qualms bout them. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Josey wrote:I was at INVESTAX Town hse today it was such a disappointment, no customer care just lots of renovation going on, i was not attended having waited for 30mins- had to leave. Am quitting PAP. SIB here i come... Do you have to move to INVESTAX first before moving or you can do it directly from CFC? GOD BLESS YOUR LIFE
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CFC Financial sending people to agents
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