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DBLyon
#1 Posted : Tuesday, July 22, 2014 12:55:27 PM
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Joined: 5/28/2014
Posts: 149
Location: Nairobi
Where can I get information on odd lots available on the market; that is, counter, numbers and asking price?
When you live for others' opinions, you are dead.

- Carlos Slim Helu
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Realtreaty
#2 Posted : Tuesday, July 22, 2014 2:07:29 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,297
DBLyon wrote:
Where can I get information on odd lots available on the market; that is, counter, numbers and asking price?

Place an order to buy or sell from/to someone facing the same challenge. See if your broker could enter youin their database for that.
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Tall Order
#3 Posted : Tuesday, July 22, 2014 2:44:04 PM
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Joined: 5/9/2014
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Location: Nairobi
I struggled with some odd lots of KPLC that took a whole week to sell despite the fact that I asked the broker to sell at market rate.

I'm trying to avoid them going forward, I suppose my poor investor knowledge in the past let them happen, I would have followed company offers and either bought more or reduced my holdings on a pro-rata basis to avoid the odd shares.
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icecube
#4 Posted : Tuesday, July 22, 2014 7:35:02 PM
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Joined: 1/2/2008
Posts: 268
Location: Nairobi

I have some 31 shares of HFCK and 96 shares of KCB. How do I buy more to reach 100 for both?
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murchr
#5 Posted : Tuesday, July 22, 2014 7:59:38 PM
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Joined: 2/26/2012
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http://www.wazua.co.ke/f...spx?g=posts&t=10535

http://investor.wazua.co...px?g=posts&m=483602
http://www.wazua.co.ke/f...spx?g=posts&m=171223
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Akenyan2014
#6 Posted : Tuesday, July 22, 2014 8:00:36 PM
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Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
icecube wrote:

I have some 31 shares of HFCK and 96 shares of KCB. How do I buy more to reach 100 for both?


Place a Buy order and select it as Odd market order. Ensure the quantity is a value btw 1-99.

I was using online platform(sbg securities)
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icecube
#7 Posted : Tuesday, July 22, 2014 8:36:12 PM
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Posts: 268
Location: Nairobi
Akenyan2014 wrote:
icecube wrote:

I have some 31 shares of HFCK and 96 shares of KCB. How do I buy more to reach 100 for both?


Place a Buy order and select it as Odd market order. Ensure the quantity is a value btw 1-99.

I was using online platform(sbg securities)


Thanks, but these shares are with NIC securities. They don't have online platform
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Chaka
#8 Posted : Tuesday, July 22, 2014 8:44:24 PM
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Joined: 2/16/2007
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icecube wrote:

I have some 31 shares of HFCK and 96 shares of KCB. How do I buy more to reach 100 for both?

Where did you get this odd lots from?
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icecube
#9 Posted : Tuesday, July 22, 2014 9:01:51 PM
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Joined: 1/2/2008
Posts: 268
Location: Nairobi
Chaka wrote:
icecube wrote:

I have some 31 shares of HFCK and 96 shares of KCB. How do I buy more to reach 100 for both?

Where did you get this odd lots from?

I have had them for many years, and I have never known what to do with them. They have been from bonus shares,,,
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wamusa
#10 Posted : Tuesday, July 22, 2014 9:57:21 PM
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Joined: 1/29/2014
Posts: 8
Location: kenya
Thanks murchr for the earlier threads to us rank "hellos'i got me some 64 shares of stanchart from the right issue and have been brooding in silence wondering how on earth i will make them 100-now i know-wazuans have taught me how to make money than ten blasted years of clipboard.kudos to all brave souls in this community who are unafraid to ask-in spite of the possibility of very abrasive responses from corners we know!!!!
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icecube
#11 Posted : Tuesday, July 22, 2014 10:38:01 PM
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Joined: 1/2/2008
Posts: 268
Location: Nairobi

Was wondering, can this odd lot business make someone money? Say you buy odd lots at heavily discounted prices and make up multiples of 100s and sell later in the normal market...can this work?
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DBLyon
#12 Posted : Wednesday, July 23, 2014 10:15:36 AM
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Joined: 5/28/2014
Posts: 149
Location: Nairobi
[quote=murchr]http://www.wazua.co.ke/forum.aspx?g=posts&t=10535

http://investor.wazua.co...px?g=posts&m=483602
http://www.wazua.co.ke/f...px?g=posts&m=171223[/quote]

Muchas gracias, murchr! Very useful links, here.
When you live for others' opinions, you are dead.

- Carlos Slim Helu
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icecube
#13 Posted : Thursday, July 24, 2014 12:17:14 PM
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Joined: 1/2/2008
Posts: 268
Location: Nairobi

This thread and others on odd lots has really helped me. Thanks for the information here. I am now accumulating odd shares at discounted prices.
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