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87 Pages«<858687
Madness at the NSE
VituVingiSana
#1721 Posted : Friday, April 12, 2019 12:55:29 AM
Rank: Chief


Joined: 1/3/2007
Posts: 15,422
Location: Nairobi
CDSC, CMA and NSE should declare a "moratorium" of sorts that allows those with shares which are valued at less than 10k can either sell or transfer them free of charge.
Why have CDSC accounts with odd lots?

It's more efficient to have the money that is stuck in odd lots to get into the pockets of shareholders.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#1722 Posted : Friday, April 12, 2019 6:27:07 AM
Rank: Elder


Joined: 12/4/2009
Posts: 6,349
Location: NAIROBI
rwitre wrote:
Ericsson wrote:
CDSC Kenya experienced a 25% decrease in the number of active CDS accounts from 1,527,834 in 2016 to 1,150,270 in 2017



We're in 2019.

Why are they giving statistics on 2017?

We will know how 2018 was in 2020?

Why are we like this?


Government/quasi government institutions which are not obliged to release their results do that.
Gatheuzi
#1723 Posted : Friday, April 12, 2019 6:59:22 AM
Rank: Veteran


Joined: 8/16/2009
Posts: 974
VituVingiSana wrote:
CDSC, CMA and NSE should declare a "moratorium" of sorts that allows those with shares which are valued at less than 10k can either sell or transfer them free of charge.
Why have CDSC accounts with odd lots?

It's more efficient to have the money that is stuck in odd lots to get into the pockets of shareholders.

It is still possible to trade in odd lots. On the trading portal you only need to select odd lots board instead of the default normal board. That way you are able to dispose your odd lots or in reverse add more odd lots!
Time is money, so money is time. Money saved is time gained in reverse!
murchr
#1724 Posted : Friday, April 12, 2019 4:46:50 PM
Rank: Elder


Joined: 2/26/2012
Posts: 14,253
Why is it so hard to change one's physical address?
"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
.
VituVingiSana
#1725 Posted : Friday, April 12, 2019 5:14:01 PM
Rank: Chief


Joined: 1/3/2007
Posts: 15,422
Location: Nairobi
Gatheuzi wrote:
VituVingiSana wrote:
CDSC, CMA and NSE should declare a "moratorium" of sorts that allows those with shares which are valued at less than 10k can either sell or transfer them free of charge.
Why have CDSC accounts with odd lots?

It's more efficient to have the money that is stuck in odd lots to get into the pockets of shareholders.

It is still possible to trade in odd lots. On the trading portal you only need to select odd lots board instead of the default normal board. That way you are able to dispose your odd lots or in reverse add more odd lots!

Yes, but the cost and hassle of trading odd lots when the value is low.
They need to clean up the accounts so there's a better/truer picture.
99 shares Mumias is less than 100/- yet the cost to trade is a minimum of 100/- per trade.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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