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Brokarage fees.
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obiero
#11 Posted : Sunday, May 24, 2020 4:49:53 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
ARAPCHARLEE wrote:
Shares cost up as brokers charge 14pc VAT on fees

https://www.businessdail...GHQ2MSgJpUn0Vg98lGwOcC8

Tabia mbovu

KQ ABP 4.26
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Ericsson
#12 Posted : Sunday, May 24, 2020 7:16:22 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
obiero wrote:
ARAPCHARLEE wrote:
Shares cost up as brokers charge 14pc VAT on fees

https://www.businessdail...GHQ2MSgJpUn0Vg98lGwOcC8

Tabia mbovu


Jubilee manifesto
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Angelica _ann
#13 Posted : Sunday, May 24, 2020 10:16:12 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Ericsson wrote:
obiero wrote:
ARAPCHARLEE wrote:
Shares cost up as brokers charge 14pc VAT on fees

https://www.businessdail...GHQ2MSgJpUn0Vg98lGwOcC8

Tabia mbovu


Jubilee manifesto


Taxing everything, then wasting the funds.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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VituVingiSana
#14 Posted : Monday, May 25, 2020 2:01:12 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
#WembeNiUleUle
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Monk
#15 Posted : Monday, May 25, 2020 12:05:16 PM
Rank: Member

Joined: 7/1/2009
Posts: 272
VituVingiSana wrote:
#WembeNiUleUle


Brokers getting desperate....

Genghis recommending a Sell for Safaricom at Ksh 30 yet the price has been ranging 27-30. Assuming ABP of 27, after deducting 4% commissions, why would an investor sell for that margin, unless they need the cash for an emergency?
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Angelica _ann
#16 Posted : Monday, May 25, 2020 12:10:53 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
VituVingiSana wrote:
#WembeNiUreUre


Always makes my day, plus the tano tena song!!!smile smile smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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cyruskulei
#17 Posted : Tuesday, May 26, 2020 11:12:29 AM
Rank: Member

Joined: 3/9/2010
Posts: 320
Location: kenya
The Merchant wrote:
Flat fee pricing would make it expensive for those investing little amounts. A percentage always works best I think. In forex one pays the spread between the bid and ask price so maybe a model based on this would work?
However like @VVs put it, the brokers also get crushed by NSE & CMA fees and that is where the problem begins. We are in the 1800s here guys.



This is a good number of retail investors to form an association of minority investor in nse. Then we demand we be given representaion in all boards of listed firms as minority investors. If anyone supports this line of thinking you may .....
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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Sufficiently Philanga....thropic
#18 Posted : Tuesday, May 26, 2020 11:33:52 AM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
Angelica _ann wrote:
VituVingiSana wrote:
#WembeNiUreUre


Always makes my day, plus the tano tena song!!!smile smile smile

Wanjohi Ushuru must be quite happy that his reign saw the NSE20 slide below 2,000pts. More like a narcissist.
@SufficientlyP
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Impunity
#19 Posted : Tuesday, May 26, 2020 6:22:07 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Sufficiently Philanga....thropic wrote:
Angelica _ann wrote:
VituVingiSana wrote:
#WembeNiUreUre


Always makes my day, plus the tano tena song!!!smile smile smile

Wanjohi Ushuru must be quite happy that his reign saw the NSE20 slide below 2,000pts. More like a narcissist.


It's corona please
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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