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CDSC SYSTEM
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SittingPretty
#11 Posted : Tuesday, May 13, 2014 8:28:27 AM
Rank: Member

Joined: 2/16/2013
Posts: 123
Location: MSA
maka wrote:
murchr wrote:
I think CDSC is the most
incompetently run parastatal in Kenya. Surely should updating one's bank
details take more than a month? I spoke to someone who has been trying
to convert their share certificate to electronic and its now over 5
months. Kwani what sort of people do these organizations employ?

Totally agree @Murchr,6 months now for a colleague grown tired of all the back and forth,has decided to try for the last time and seek legal address if it fails.

The problem could be the different registrars; I requested to transfer from cheque receipts to bank transfers, however I still receive cheques for some of my dividends while others direct into the bank!
Timely advice is as lovely as golden apples in a silver basket. Proverbs 25:11
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mlennyma
#12 Posted : Tuesday, May 13, 2014 9:13:22 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
As far as iam concerned,the term "pending buy"means the shares you wanted to purchase have been paid for awaiting transfer.
"Don't let the fear of losing be greater than the excitement of winning."
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Murang'a
#13 Posted : Tuesday, May 13, 2014 9:46:50 AM
Rank: Member

Joined: 3/3/2014
Posts: 131
I noticed that am receiving updates and reports from NSE of late and I dont recall subscribing for any, Do they normally send to you guys and is it at a fee? please help.
IMITATION IS LIMITATION
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murchr
#14 Posted : Tuesday, May 13, 2014 2:25:16 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
SittingPretty wrote:
maka wrote:
murchr wrote:
I think CDSC is the most
incompetently run parastatal in Kenya. Surely should updating one's bank
details take more than a month? I spoke to someone who has been trying
to convert their share certificate to electronic and its now over 5
months. Kwani what sort of people do these organizations employ?

Totally agree @Murchr,6 months now for a colleague grown tired of all the back and forth,has decided to try for the last time and seek legal address if it fails.

The problem could be the different registrars; I requested to transfer from cheque receipts to bank transfers, however I still receive cheques for some of my dividends while others direct into the bank!



The registrar advised that i contact my broker who asked me to fill a form, its now going to the 3rd week since the forms were taken to CDSC eish? I thot filling in the forms online would work for an org trying to claim that they are digital.
"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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murchr
#15 Posted : Tuesday, July 01, 2014 5:38:15 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
murchr wrote:
SittingPretty wrote:
maka wrote:
murchr wrote:
I think CDSC is the most
incompetently run parastatal in Kenya. Surely should updating one's bank
details take more than a month? I spoke to someone who has been trying
to convert their share certificate to electronic and its now over 5
months. Kwani what sort of people do these organizations employ?

Totally agree @Murchr,6 months now for a colleague grown tired of all the back and forth,has decided to try for the last time and seek legal address if it fails.

The problem could be the different registrars; I requested to transfer from cheque receipts to bank transfers, however I still receive cheques for some of my dividends while others direct into the bank!



The registrar advised that i contact my broker who asked me to fill a form, its now going to the 3rd week since the forms were taken to CDSC eish? I thot filling in the forms online would work for an org trying to claim that they are digital.


Here i am 2 months later no help, no communication....NOTHING. Anyone with a reliable number that i can call? This is plainly unacceptable. MYK BK
"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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Kabird
#16 Posted : Tuesday, August 18, 2015 6:52:41 PM
Rank: New-farer

Joined: 2/6/2011
Posts: 60
This website is down! How do such a sensitive website go down? These people need to up their game..Its unacceptable at this day and age. Aii
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instinct
#17 Posted : Tuesday, August 18, 2015 10:25:51 PM
Rank: Member

Joined: 8/17/2007
Posts: 294
@murchr CDSC is not a parastatal... It has a horrible shareholding structure all the same, they are a law unto themselves and accountable to no one....

NSE should acquire them!
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VituVingiSana
#18 Posted : Wednesday, August 19, 2015 1:08:53 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,351
Location: Nairobi
instinct wrote:
@murchr CDSC is not a parastatal... It has a horrible shareholding structure all the same, they are a law unto themselves and accountable to no one....

NSE should acquire them!
NSE is acquiring them.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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subaru
#19 Posted : Wednesday, August 19, 2015 1:35:48 PM
Rank: Member

Joined: 3/15/2010
Posts: 391
Location: nairobie
Kabird wrote:
This website is down! How do such a sensitive website go down? These people need to up their game..Its unacceptable at this day and age. Aii



They started sleeping when they used to send us 2372 alerts 3 or more times for the same message and failing to keep the system up it has been down for quite some years
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