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Francis Drummond
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BGL
#1 Posted : Monday, August 27, 2012 12:13:01 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
There is a very high turnover of staff in this firm. This year alone all the front office guys (the ones who place the orders) that i know have left the firm.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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mkonomtupu
#2 Posted : Monday, August 27, 2012 12:34:43 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
I have been with them from the days I used to walk around with share certificates I saw them expand now they are shrinking from giving up the investment banker licence for a broker one shrinking of the office space,then the staff turnover...i'm getting worried!!
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The Merchant
#3 Posted : Monday, August 27, 2012 12:47:06 PM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
Maybe its just good business practice to cut costs when business is low? But I don't know...maybe you call and ask them in a direct way..
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gatoho
#4 Posted : Monday, August 27, 2012 4:52:11 PM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
I know, a nice lady called joan And robert Munuku of CNBC fame all left.. Ni Kuhama?
Foresight..
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King G
#5 Posted : Monday, August 27, 2012 5:57:29 PM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
Be very afraid when this things start happening. Hamisha account. Sad
Thieves
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jamplu
#6 Posted : Monday, August 27, 2012 6:42:03 PM
Rank: Veteran

Joined: 3/25/2010
Posts: 939
Location: Nai
BGL wrote:
There is a very high turnover of staff in this firm. This year alone all the front office guys (the ones who place the orders) that i know have left the firm.


ruuuun!
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BGL
#7 Posted : Monday, August 27, 2012 7:36:34 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
I am not making a complaint. Nothing has happened to my account as yet.
I am able to monitor all the transactions on my CDSC account at the end of the end via http://live.mystocks.co.ke/portfolio/ and after 48hrs CDSC
If any un-sanctioned activity is observed i take action immediately. which is to lodge a complaint to CMA, CDSC, NSE and notify them of the action i am taking. So far they are very good guys and extremely fast when it comes to execution of orders.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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sparkly
#8 Posted : Monday, August 27, 2012 8:42:00 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Run run run
Life is short. Live passionately.
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maka
#9 Posted : Monday, August 27, 2012 10:10:21 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Happens in this industry...kawaida,musical chairss
possunt quia posse videntur
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youcan'tstopusnow
#10 Posted : Monday, August 27, 2012 10:45:29 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
maka wrote:
Happens in this industry...kawaida,musical chairss

Yes. Don't be surprised if they apply for an investment banking license 2 years down the road citing ''increased opportunities in the market''
Just like how the brokers fire people during downturns and then go on a hiring spree during upturns.
GOD BLESS YOUR LIFE
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