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EQUITY BANK SUSPENDED AS A CDA
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stockyt
#41 Posted : Thursday, April 09, 2009 9:43:00 AM
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Joined: 9/15/2006
Posts: 41
But imagine some brokers are taking upto 3 months to pay up after you sell shares and this is where equity CDA will beat them hands down,if the NSE low turnover continues.
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Donedeal
#42 Posted : Thursday, April 09, 2009 10:02:00 AM
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Joined: 1/13/2009
Posts: 60
@Stockyt,you guyz just don't get it,without Brokers EB can't trade jerk! Mwangi might as well swallow his words and invest in a Brokerage.....thats if they agree to admit him.

The opportunities lie in the challenge. Go for the challenge.
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ecstacy
#43 Posted : Thursday, April 09, 2009 10:06:00 AM
Rank: Elder


Joined: 2/26/2008
Posts: 4,449
For sure we have some clowns in the CDSC board. After that debacle yesterday,their actions will continue to come under close scrutiny. At the end of the day,they were overruled...
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BAAK
#44 Posted : Thursday, April 09, 2009 10:59:00 AM
Rank: Member


Joined: 8/27/2008
Posts: 70
Guys,I must be allowed to BUY shares on whichever day I want,at the price I want. If someone puts stumbling blocks along the way for whatever reason,then that would be a violation of my individual rights. And that&rsquo;s why we have CMA. Otherwise the law Courts are there as well.
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Donedeal
#45 Posted : Thursday, April 09, 2009 10:59:00 AM
Rank: Member


Joined: 1/13/2009
Posts: 60
@ecstacy,'clowns at CDSC' indeed. EB may have worn the battle but the war is far from over. The sooner the EB fanatics snap out of denial and stop blaming everybody else for EB woes the better. The clown here must definately be Mwangi,did you watch him last night? He reminded me of a boy caught with hands in a cookie jar......Since when did banks fight for the cause of the poor? Mwangi please,give us a break!

The opportunities lie in the challenge. Go for the challenge.
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ecstacy
#46 Posted : Thursday, April 09, 2009 2:42:00 PM
Rank: Elder


Joined: 2/26/2008
Posts: 4,449
Its like some revel at any Equity bank counter issue..unfortunately for such,when you follow the rules governing this market,no one has a problem - http://www.bdafrica.com/...d=13954&Itemid=5812
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stockyt
#47 Posted : Thursday, April 09, 2009 9:04:00 PM
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Joined: 9/15/2006
Posts: 41
@Donedeal]

Brokers without enough financial muscle are all going to be edged out soon,all of them will have to ally with financial powerhouses to survive.

but i do agree that in light of latest issues,equity better buyout a broker for the longrun. as for trading,i dont think some of them can afford to turn away equity's business even at 30%. truth is that many of them are so desperate-no business.
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Donedeal
#48 Posted : Friday, April 10, 2009 11:39:00 AM
Rank: Member


Joined: 1/13/2009
Posts: 60
@stockyt. I&rsquo;ll have know the NSE is a Ltd Liability Company who&rsquo;s majority share holders are,you guessed right,the SB&rsquo;s. The fact that they are financially weaker does not mean they'll just sit pretty and watch as EB run&rsquo;s away with a company they built since the &lsquo;50&rsquo;s. How they go about ensuring this doesn't happen is a story for another day.

Secondly,a number of banks,as a matter of fact,own Stock Broking firms and they would be more than happy to edge EB out of the business by 'any means necessary'. My message to you is; bail out while you can cause a bruising battle will by no means aid in pushing north EB share!



The opportunities lie in the challenge. Go for the challenge.
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Mainat
#49 Posted : Friday, April 10, 2009 12:12:00 PM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
SBs may win the short-term battle,but will almost certainly lose the war. FACT.



www.mjengakenya.blogspot.com
Sehemu ndio nyumba
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Donedeal
#50 Posted : Friday, April 10, 2009 1:22:00 PM
Rank: Member


Joined: 1/13/2009
Posts: 60
Only time will tell,my brother,time will tell. But i wouldn't be caught dead with EB share during the battle.....for obvious reasons.

The opportunities lie in the challenge. Go for the challenge.
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Kwanini
#51 Posted : Saturday, April 11, 2009 7:31:00 AM
Rank: Member


Joined: 1/28/2009
Posts: 353
Location: Cloud
If i was EB,i would be careful the the brokers. EB must act like the magician,not a bi

2. EB champions for the poor. Duh! tell that to the birds. Every bank is out to make money.

3. Why not join the SBs by acquiring one of them cooperative bank way?

4. When the political mafioso is gone... EBi will be alone....crying with one eye...

'I am the master of my fate;
I am the captain of my soul.'-Invictus
"For i am the master and the captain of my fate"
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mukiha
#52 Posted : Tuesday, April 14, 2009 12:13:00 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
@Kwanini

kwanini una-suggest that Equity survives because of political patronage?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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