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mukiha
#1 Posted : Tuesday, April 27, 2010 6:27:29 AM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
So; how does a deal qualify to be on this board?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Wa_ithaka
#2 Posted : Tuesday, April 27, 2010 7:15:48 AM
Rank: Veteran


Joined: 1/7/2010
Posts: 1,279
Location: nbi
Ask thy broker.
The Governor of Nyeri - 2017
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Jaguar
#3 Posted : Tuesday, April 27, 2010 12:00:29 PM
Rank: Member


Joined: 6/7/2007
Posts: 263
Location: humu humu
@mukiha, simply ask your broker to place your order on the prompt board
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mukiha
#4 Posted : Tuesday, April 27, 2010 1:59:49 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
If it's that simple; what's the catch?

Why doesn't everybody ask their broker to place their orders on this board?

Furthermore, why have a prompt board in the first place?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Wa_ithaka
#5 Posted : Tuesday, April 27, 2010 3:13:39 PM
Rank: Veteran


Joined: 1/7/2010
Posts: 1,279
Location: nbi
Awa-don't lose sleep over the prompt board. Si you are still making millions without accessing it?

Lakini if you are not and your broker hasn't offered you access to the p-mboard, ondoka kwa sababu hi ni Haki yako! haki yako!
The Governor of Nyeri - 2017
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Agra
#6 Posted : Tuesday, April 27, 2010 4:49:39 PM
Rank: Member


Joined: 4/22/2007
Posts: 96
Location: Agra, India
With my broker you can choose if you want Prompt or normal board.and it is the favourite with most purchases.
It's easy for investors to get emotional and prejudiced when trading, but computers don't
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Jaguar
#7 Posted : Tuesday, April 27, 2010 5:03:41 PM
Rank: Member


Joined: 6/7/2007
Posts: 263
Location: humu humu
@mukiha, on prompt board the settlement period is T+1 hence if you need the cash urgently its the way to. The guy buying is doing you a "favor" because you will get your cheque faster than normal board (T+4)hence you need to sell to him/her a a discount...my two cents
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VituVingiSana
#8 Posted : Tuesday, April 27, 2010 5:10:09 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,120
Location: Nairobi
@Jaguar - The broker is NOT doing u a favor... It is your haki... coz broker gets paid T+1 (& pays you on T+2)
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Jaguar
#9 Posted : Tuesday, April 27, 2010 7:16:02 PM
Rank: Member


Joined: 6/7/2007
Posts: 263
Location: humu humu
@vvs, favor in quotes
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mwanafunzi
#10 Posted : Tuesday, April 27, 2010 7:35:18 PM
Rank: Member


Joined: 12/3/2008
Posts: 113
@jaguar hata mimi never tried this board.please explain on the commisions etc.the T+1 does it mean i can buy today and sell in the next two days.
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mwanafunzi
#11 Posted : Tuesday, April 27, 2010 7:36:23 PM
Rank: Member


Joined: 12/3/2008
Posts: 113
@jaguar hata mimi never tried this board.please explain on the commisions etc.the T+1 does it mean i can buy today and sell in the next two days.
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Jaguar
#12 Posted : Tuesday, April 27, 2010 7:42:59 PM
Rank: Member


Joined: 6/7/2007
Posts: 263
Location: humu humu
@mwanafunzi, you buy today (tue), you sell on thur. I guess its lack of popularity is because in most cases you have to sell at a lower price than the market price at that time
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