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Stockbrokers to stop trading at NSE for a month
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muganda
#1 Posted : Thursday, February 19, 2015 4:36:39 PM
Rank: Elder


Joined: 9/15/2006
Posts: 3,907
Hope you are holding the right shares... because brokers are going to test the Warren Buffett saying of 'I buy on the assumption that they could close the market the next day and not reopen it for five years."

And what's with this group-think, first from teachers, to media, now brokers!

Kenyan stockbrokers plan to suspend trading at the Nairobi Securities Exchange (NSE) for a month to await a court ruling on a capital gains tax row. http://www.businessdailyafrica....38/-/wjh73i/-/index.html
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Boris Boyka
#2 Posted : Thursday, February 19, 2015 4:57:46 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
muganda wrote:
Hope you are holding the right shares... because brokers are going to test the Warren Buffett saying of 'I buy on the assumption that they could close the market the next day and not reopen it for five years."

And what's with this group-think, first from teachers, to media, now brokers!

Kenyan stockbrokers plan to suspend trading at the Nairobi Securities Exchange (NSE) for a month to await a court ruling on a capital gains tax row. http://www.businessdailyafrica....38/-/wjh73i/-/index.html

This one is dangerous practice.Sad d'oh! Market reaction will not be pleasant...Pray
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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mlennyma
#3 Posted : Thursday, February 19, 2015 5:10:27 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,192
Location: nairobi
Boris Boyka wrote:
muganda wrote:
Hope you are holding the right shares... because brokers are going to test the Warren Buffett saying of 'I buy on the assumption that they could close the market the next day and not reopen it for five years."

And what's with this group-think, first from teachers, to media, now brokers!

Kenyan stockbrokers plan to suspend trading at the Nairobi Securities Exchange (NSE) for a month to await a court ruling on a capital gains tax row. http://www.businessdailyafrica....38/-/wjh73i/-/index.html

This one is dangerous practice.Sad d'oh! Market reaction will not be pleasant...Pray

when the rogue leaders ruined our economy we watched and did nothing
"Don't let the fear of losing be greater than the excitement of winning."
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sorovi
#4 Posted : Thursday, February 19, 2015 5:16:58 PM
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Joined: 8/3/2007
Posts: 146
Quote:
Kenyan stockbrokers have resolved to suspend trading at the Nairobi Securities Exchange (NSE) for a month to await a court ruling on a capital gains tax row.


link

Is this true or is it 1st April?
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mlennyma
#5 Posted : Thursday, February 19, 2015 5:19:11 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,192
Location: nairobi
Who has a tissue paper to help me?with this kind of news I have to release pressure or burstSad
"Don't let the fear of losing be greater than the excitement of winning."
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Othelo
#6 Posted : Thursday, February 19, 2015 5:20:28 PM
Rank: User


Joined: 1/20/2014
Posts: 3,528
Every group now wants to blackmail gava or what. What is with this mass action through group think systems. In this process, it is wanjiku who will be left trampled on...
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Othelo
#7 Posted : Thursday, February 19, 2015 5:23:56 PM
Rank: User


Joined: 1/20/2014
Posts: 3,528
sorovi wrote:
Quote:
Kenyan stockbrokers have resolved to suspend trading at the Nairobi Securities Exchange (NSE) for a month to await a court ruling on a capital gains tax row.


link

Is this true or is it 1st April?

Let us wait for tomorrow 20th feb to guage whether they are serious!
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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mlennyma
#8 Posted : Thursday, February 19, 2015 5:32:44 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,192
Location: nairobi
sorovi wrote:
Quote:
Kenyan stockbrokers have resolved to suspend trading at the Nairobi Securities Exchange (NSE) for a month to await a court ruling on a capital gains tax row.


link

Is this true or is it 1st April?

we have a president who can never intervene or mediate on anything until the damage is doneLiar
"Don't let the fear of losing be greater than the excitement of winning."
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ecstacy
#9 Posted : Thursday, February 19, 2015 5:50:55 PM
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Joined: 2/26/2008
Posts: 4,449
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mwekez@ji
#10 Posted : Thursday, February 19, 2015 5:53:07 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
This is madness!!!
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jomari78
#11 Posted : Thursday, February 19, 2015 5:55:09 PM
Rank: New-farer


Joined: 11/24/2013
Posts: 14
Our digital duo seem completely unable or unwilling to negotiate and compromise. With the likes of Duale as key advisors, I'm not surprised well be setting a second very negative precedent in as many weeks. Watch as the foreign investors flee, we are becoming the typical banana republic.
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nakujua
#12 Posted : Thursday, February 19, 2015 5:56:31 PM
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Joined: 12/17/2009
Posts: 3,583
Location: Kenya
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Othelo
#13 Posted : Thursday, February 19, 2015 5:58:18 PM
Rank: User


Joined: 1/20/2014
Posts: 3,528
nakujua wrote:
http://www.nation.co.ke/business/NSE-Stockbrokers-Trading-Capital-Gains-Tax-Case/-/996/2629120/-/138206m/-/index.html

Topic already in place huko kwa masonko d'oh! d'oh! d'oh!
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Boris Boyka
#14 Posted : Thursday, February 19, 2015 6:04:46 PM
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Joined: 11/15/2013
Posts: 1,977
Location: Here
[quote=ecstacy]Link - http://www.businessdaily...8/-/wjh73i/-/index.html[/quote]
This one is dangerous practice.Sad d'oh! Market reaction will not be pleasant...Pray
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Kihara joni
#15 Posted : Thursday, February 19, 2015 6:07:05 PM
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Joined: 5/8/2013
Posts: 386
Location: Nyali mombasa
Na vile my broker has delayed my payment, naraukia hapo kesho, hii ni mchezo sasa.
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obiero
#16 Posted : Thursday, February 19, 2015 6:07:42 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,974
Location: nairobi
this is why I voted for Raila

KQ ABP 4.48; MTN ABP 5.20
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hisah
#17 Posted : Thursday, February 19, 2015 6:08:18 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Like I said in my signature CGT is DoA. You can't fight capital since it has no loyalty. Is this what Jimnah was tweeting about?

Very sad indeed. Poor show from Treasury. Totally disappointed by this lot Sad
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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murchr
#18 Posted : Thursday, February 19, 2015 6:09:33 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
hisah wrote:
Like I said in my signature CGT is DoA. You can't fight capital.

Very sad indeed. Poor show from Treasury. Totally disappointed by this lot Sad


Esp that KRA guy, total lack of creativity. Suspension as of tomorrow, wao! I hope this will stop capital flight.
"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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Sufficiently Philanga....thropic
#19 Posted : Thursday, February 19, 2015 6:15:26 PM
Rank: Elder


Joined: 9/23/2010
Posts: 2,221
Location: Sundowner,Amboseli
was told this by my dealer immediately after market close and wished i knew before . No wonder turnover today touched a BillionSad
@SufficientlyP
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Impunity
#20 Posted : Thursday, February 19, 2015 6:17:35 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,330
Location: Masada
nakujua wrote:
http://www.nation.co.ke/business/NSE-Stockbrokers-Trading-Capital-Gains-Tax-Case/-/996/2629120/-/138206m/-/index.html


Applause Applause Applause
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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