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Equity to the rest: 'u r finished!'
simonkabz
#1 Posted : Tuesday, March 10, 2009 5:18:00 PM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
Same day trading of your shares,same day payment of your cash on sale,safe custody of ua shares,use any of its 105 (???) branches countrywide. Damn,EB 4life. U guys r Godsent. Let the MASSIVE EXODUS begin. My lil common sense tells me this is a knockout blow to the small time brokers,move when they can still limp my friends,MOVE!

Truest proverb: Mwenda pole hajikwai
TULIA.........UFUNZWE!
jammo
#2 Posted : Tuesday, March 10, 2009 6:14:00 PM
Rank: Member

Joined: 2/12/2008
Posts: 345
Trades are settled in 3days..equity's a bank..givin u their own cash upfront jus coz they r sure ur proceeds will come in 3days...watch ur statement..i'm sure they're charging..no bank could forego the chance.

The race is not always to the swift..nor the battle always to the strong..nor food always to the wise..nor riches always to the intelligent..favor is not always to the skilled..or learned..but time and chance happens to all. Ecl9:5..
simonkabz
#3 Posted : Tuesday, March 10, 2009 7:08:00 PM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
@J,well,i can bet the majority me n u included can afford to wait longer than 3days. It just gives us an advantage in case of an emergency.

Truest proverb: Mwenda pole hajikwai
TULIA.........UFUNZWE!
luxel
#4 Posted : Wednesday, March 11, 2009 4:46:00 AM
Rank: Member

Joined: 7/17/2008
Posts: 152
How can they guarantee same day trading of your shares? suppose nobody is willing to buy the shares you are selling. e.g can they guarantee to buy for me Limuru tea shares the same day i order!
aemathenge
#5 Posted : Wednesday, March 11, 2009 5:29:00 AM
Rank: Elder

Joined: 10/18/2008
Posts: 3,434
Location: Kerugoya
My,my. Language kind sir,language. S**t,Godsend,Halleyuia in one paragraph. Do not invite the wrath of the Almighty. We already have enough to worry about on this market. I DO love Equity though. They are the only salvation for us up country retailers.

Live hard,die hard.
jammo
#6 Posted : Wednesday, March 18, 2009 7:29:00 PM
Rank: Member

Joined: 2/12/2008
Posts: 345
Sh22 per share on 19,800shares.... From a spread buy that started in late june on a weekly basis..nice return albeit global crisis!....mmmm... That was thrilling!

The race is not always to the swift..nor the battle always to the strong..nor food always to the wise..nor riches always to the intelligent..favor is not always to the skilled..or learned..but time and chance happens to all. Ecl9:5..
kishindo
#7 Posted : Thursday, March 19, 2009 6:00:00 AM
Rank: Member

Joined: 1/11/2008
Posts: 121
@ Jammo

????


less is more for Architects only!!
Less is more....for Architects only!!
simonkabz
#8 Posted : Thursday, March 19, 2009 6:23:00 AM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
@jammo,thats a cool 400k,aint u lucky! How about being sufficiently philanthropic he he

Truest proverb: Mwenda pole hajikwai
TULIA.........UFUNZWE!
Mainat
#9 Posted : Thursday, March 19, 2009 6:36:00 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Jammo-In that case,I don't think you mind being called a pessimist. A pal just made 50% in one week.

www.mjengakenya.blogspot.com
Sehemu ndio nyumba
Tutu
#10 Posted : Thursday, March 19, 2009 7:21:00 AM
Rank: Member

Joined: 11/12/2008
Posts: 74
Ain't a prophet of doom,but this is short lived,i believe ot they are targetting right now is the numbers after you have all moved,they'll stop it. Like they did with same day encashment of salary cheques it was short lived and now they take the normal 4 days.

Like someone asked,how do they guarantee same day trading ot if the demand is higher or lower and vice versa?

Think about it before you jump ship. Remember not all that glitters is GOLD!


For me to live is Jesus Christ,to die is gain
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