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Thinking Outside The box (Overseas Investment Series)
young
#51 Posted : Friday, May 07, 2010 6:09:00 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria
@Mzee Kpoli,

Take your time and do your due deligence I am just giving an overview of the sector final decision on which counter to buy depends on you the broker band your risk appetite.
Also beyond my broker databankgroup, you can choose other brokers a full list of which you can find in www.gse.com.gh or www.stockforumghana.com

My position in Ghana market are GCB, GGL, SCB and Fan milk.

Just be aware Ghana and your neighbouring Uganda are open for business.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
young
#52 Posted : Saturday, May 08, 2010 12:10:24 AM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria
END OF GHANA IN INVESTMENT INFO


I want to start a new series of online trading in one of the advanced markets my thought goes to various markets :-

Canada ?
US ?
Hong Kong / China ?
Thailand ?
Singapore?
Australia / New Zealand ?

Or do I still dwell in Africa :-
Nigeria ?
Kenya ?
South Africa ?
Botswana ?


I leave it to Wazuarians to decide but I hope to start the thread before monday.My mind goes to emerging Hong Kong / China market or the Oceania (Australia /New Zealand), but the US /Canadian markets are the mother of them all.

Your opinions will be takern into account.

Have a nice week end.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
young
#53 Posted : Sunday, May 09, 2010 5:18:48 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria
STARTING ONLINE STOCK INVESTMENT HONG KONG


Hong Kong market is very important because it allows investors to acces good companies in chinese market, as it is not possible for non China resident to access SHANGHAI and mainland china market directly.
During the world economic melt down, the Hang Seng Index plummeted from 22,000 to 10,200, it is currently at 20,000 showing the pace of recovery of the market.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
young
#54 Posted : Sunday, May 09, 2010 5:34:17 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria

There are specific requirements to open an online account in Hong Kong market :-

- Proof Of Identity. A certified (by public notary) copy of the data page of your international passport will suffice.


- Proof Of Residence. The physcical addresss of your place of residence is required. For example No 13 Wakiso Street, Westlands, Nairobi, Kenya. This is different from your postal address (P. O. BOX). Your a required to submit a certified (by public notary) copy of your utilty bill for the past 3 months (water, phone, electricity) which should be in your name and reflect precisely that address.Be aware that if the utility bill is in the name of your landlord, it will not be accepted.

- Source Of Funds . You are required to submit a bank statement preferably (in convertible currency) and possible a photocopy of your work / business identity card, and where possible your pay slip for the past three months.


- You are to download and fill the online application form form and have your signation certified by public notory.



A public notary is a legal practioner in private practice that have fulfilled the stipulated requirement to be qualified as public notary.
The public notary must app;ly his seal/stamp and signature where necessary. Some brokers require you to attach the business card of the piublic notary to complete the documentation.

The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
slykat
#55 Posted : Sunday, May 09, 2010 5:42:20 PM
Rank: Member

Joined: 2/20/2007
Posts: 359
@ Muganda and Young

Shouldn't it suffice if I could find a counter (read company) or fund that invests in real estate and buy what is not so foreign to me (shares, units)?

Funny, today I was researching same in the Kenyan mkt. Was wondering if we have investment groups doing real estate n housing development as LTD Cos or as cooperatives or whatever other legal form.

... didnt find much except NACHU - nachu.or.ke (anyone using them) whose website is not too informative.

Can a ltd co or investment group acquire mortgages in kenya for buying to let in the medium to lower income category? My online research has not found any innovative products in this direction.

Young, any ideas?
young
#56 Posted : Sunday, May 09, 2010 5:43:48 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria


USEFUL SITES FOR HONG KONG TRADING

(a) Stockbrokers I Use.

(i) KGI www.kgieworld.com
(ii) TAIFOOK www.taifook.com


(b) The Stock Exchange Website

www.hkex.com.hk

(c) Stock Research Site
www.aastocks.com/EN

NOTE: Please when you open the sites change the language display from Chiness to English.

THE RESEARCH AND ANALYSIS OF THE ABOVE STOCK BROKERS SITES ARE ALSO VERY INFORMATIVE AND USEFUL

The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
young
#57 Posted : Sunday, May 09, 2010 5:52:44 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria

WRAPPIONG UP THE ACCOUNT OPENING PROCESS


Follow the guidance of your chosen broker but as a guide

(i) Submit your completed forms with the accompanied documentation to the given address.


(ii) It is advisable to send your address by courier or speed post and find out from your agent the expected time your parcel will arrive.


(iii Send a mail to customer service to confirm the receipt and status of your application. Most cases if there is any outstanding issue you will be contacted through your given e-mail or phone.

(iv) If All is okay your account details (userid / password) and a welcome pack will be sent to your residential address by courier.

Most Customer services have 24 hour help line.

YOU SHOULD NOT BE RESTRICTED TO MY STOCKBROKER, HONG KONG HAS NOT LESS THAN 150 STOCKBROKERS, BUT I ONLY WRITE FROM MY EXPERIENCE.
SOME DO NOT ACCEPT NON RESIDENT FOREIGNERS.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
young
#58 Posted : Sunday, May 09, 2010 6:00:09 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria
FUNDING YOUR ACCOUNT ETC

Details is in your brokers site and in addition as a client you can always contact the customer service.

Be aware you will be required to fax your pay in slip to your broker as evidence of payment.


Minimum Amount To invest is USD 1,500 or 10,000 HNK$. This also depends on the lot size (to be explained later) of ther stock you want to buy
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
young
#59 Posted : Sunday, May 09, 2010 6:21:07 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria
Hong kong stock symbols is designated by 5 digits codes. Here are a few examples :-


Petrochina 00857
Sinopec 00386
Real Gold 00246
HSBC Bank 00011
ICBC BANK 01398
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
young
#60 Posted : Sunday, May 09, 2010 6:26:55 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria
THE HANG SENG INDEX (HSI)

This is the standard benchmark in Hong Kong market. The leading zeros on the stock code can be suppressed


CODE COUNTER
3988 BANK OF CHINA
23 BANK OF E ASIA
3328 BANKCOMM
2388 BOC HONG KONG
293 CATHAY PAC AIR
939 CCB
2600 CHALCO
1 CHEUNG KONG
2628 CHINA LIFE
144 CHINA MER HOLD
941 CHINA MOBILE
688 CHINA OVERSEAS
836 CHINA RES POWER
291 CHINA RESOURCES
1088 CHINA SHENHUA
762 CHINA UNICOM
267 CITIC PACIFIC
2 LP HOLDINGS
883 CNOOC
1199 COSCO PACIFIC
330 ESPRIT HOLDINGS
2038 FIH
101 HANG LUNG PPT
11 ANG SENG BANK
12 HENDERSON LAND
3 HK & CHINA GAS
6 HK ELECTRIC
388 HKEX
5 HSBC HOLDINGS
13 HUTCHISON
1398 ICBC
494 LI & FUNG
66 MTR CORPORATION
17 NEW WORLD DEV
857 PETROCHINA
2318 PING AN
16 SHK PPT 1
83 SINO LAND
386 SINOPEC CORP
19 SWIRE PACIFIC A
700 TENCENT
4 WHARF HOLDINGS
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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