wazua Mon, Jan 27, 2025
Welcome Guest Search | Active Topics | Log In | Register

Wazua should scrap the fantasy market
The fast & furious
#1 Posted : Monday, May 23, 2011 8:49:04 AM
Rank: Member


Joined: 9/24/2009
Posts: 112
Am seeing Pretty suffering almost last in the 2011 Experts Challenge. Reason, Pan Africa shares she held went ex bonus but she was not allocated any. I suspect she would have sold the bonuses plus initial at 68 if the bonuses had been posted on time. It beats common logic to call the game Experts challenge when it has no professionalism or equal playing field.

Even if the bonuses were to be given now, Pretty and others have already lost the opportunity to forge a head and most likely will call it quits. Game ya wana.
The signature of God runs in all things. Only fools fail to see it and believe in Him. However, others see it even where non exists - now you see where the false pastor comes in.
cnn
#2 Posted : Monday, May 23, 2011 10:16:25 AM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
Book closure for bonus issue and availability of the same for trading are not one and the same.Even in the real market holders of Pan Africa shares do not yet have their bonus shares in their CDSC accounts.
nyari
#3 Posted : Monday, May 23, 2011 1:26:56 PM
Rank: Member


Joined: 11/13/2006
Posts: 94
You need to do something about the accuracy of crediting bonus shares, dividends etc.
I've noticed some participants are credited while others are not
wazua
#4 Posted : Monday, May 23, 2011 2:08:49 PM
Rank: Administration


Joined: 11/19/2009
Posts: 679
Dear Members,

@The fast & furious, we are mortified by your indignation. We have updated the PAFR bonus - upset we missed it in the first place. We note however as @cnn says effective date is not always clearly spelt out, which may lead to further distortion due to assumption on our part.

@nyari Please cite a specific example to allow us address the issue.


The Wazua Spirit

invest0r
#5 Posted : Monday, May 23, 2011 2:45:44 PM
Rank: Member


Joined: 12/15/2010
Posts: 162
@nyari is right. Your level of accuracy is becoming wanting. If the game is to remain relevant, you need to do something about it. DTB bonus and Kenya Re dividend were awarded before book closure (an error). Some players like @wilbcrunk (currently leading) was awarded Pan Africa Insurance bonus yet s/he bought the share ex all. Some players like @musag and @groove (currently trailing at the end) sold their Pan Africa Insurance shares after book closure yet they have not been awarded the bonus shares.

And BTW, in the real world, the earliest Pan Africa Insurance bonus can be posted is June
Insurgent
#6 Posted : Tuesday, May 24, 2011 3:13:52 PM
Rank: User


Joined: 8/6/2010
Posts: 594
@Wazua Sorovi took advantage of the crowded house to sell his diamond trust shares plus the bonus at 157 because wazua had given him and others the bonus bofore books had closed. there are others among the top ten who benefitted for this oversight. ie, sorovi went on to buy jubilee to cover his wayward trucks. you need to employ a sharp guys to keep tubs of the going on at the stocks market to keep things even.


"One man gives freely, yet gains even more; another withholds unduly, but comes to poverty. A generous man will prosper; he who refreshes others will himself be refreshed." Rev Canon Karanja.

2012
#7 Posted : Tuesday, May 24, 2011 5:16:29 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Rome wasn't built in a day. Let's perfect it as we move on. The fantasy mkt presents a great forum for people to learn about stocks. I commend Wazua for putting this great thought into practice and now let's work to perfect it. I'm very surprised that someone would call for it to be scrapped.

BBI will solve it
:)
nyari
#8 Posted : Tuesday, May 24, 2011 5:52:45 PM
Rank: Member


Joined: 11/13/2006
Posts: 94
wazua wrote:
Dear Members,

@The fast & furious, we are mortified by your indignation. We have updated the PAFR bonus - upset we missed it in the first place. We note however as @cnn says effective date is not always clearly spelt out, which may lead to further distortion due to assumption on our part.

@nyari Please cite a specific example to allow us address the issue.


The Wazua Spirit



I'll cite my own account as an example. I don't have the panafric bonus yet I sol them after books closure.

Try to be uniform. If you're crediting them after approval of shareholders, do it for everyone. If books closure is your cut off then apply the same to everyone
The fast & furious
#9 Posted : Wednesday, May 25, 2011 2:15:57 PM
Rank: Member


Joined: 9/24/2009
Posts: 112
Now that Pretty has sold her 5000 Scangroup (see trades), will she get her 1000 bonus shares or the fact that she has already sold ex bonus but before bonuses are to be reflected.

The sober things to upload her bonus but make it possible to sell original shares but make it impossible to sell the bonus shares until they are uploaded in the real market ready for trading. Otherwise, some pple will be denied bonuses for selling ex bonus but before their accounts were credited with the same.

O came across this cauze pretty has dropped so fast and I was wondering why. In reality, she legally owns the bonus shares and the same should reflect on her account.
The signature of God runs in all things. Only fools fail to see it and believe in Him. However, others see it even where non exists - now you see where the false pastor comes in.
nyari
#10 Posted : Monday, May 30, 2011 6:10:43 PM
Rank: Member


Joined: 11/13/2006
Posts: 94
@ Wazua, I still don't have the Panafric bonus on Wazua Investors game....
Users browsing this topic
Guest
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.

Copyright © 2025 Wazua.co.ke. All Rights Reserved.