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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Stock Brokers

Stock Brokers

+2
lux2014
nzr
6 posters

Go down  Message [Page 1 of 1]

1Stock Brokers Empty Stock Brokers Mon Jul 21, 2014 1:22 pm

nzr


Stock Trader

It's stock broker's duty to guide us and recommend to buy/ sell at right time. But, in Sri Lanka?
Just see some of my stock broker's recommendations;
  PCH at 7.50
  LDEV at 16
  TWOD at 18
  HVA at  19
  GREG at 17
  DPL at  19
  CSF at 13
One of my friend in India has been investing 70% of his savings in stock market, he never bother to analyze anything, and just follows his broker's instruction and prospering year by year.

2Stock Brokers Empty Re: Stock Brokers Mon Jul 21, 2014 2:05 pm

lux2014

lux2014
Manager - Equity Analytics
Manager - Equity Analytics

Ppl who could not make anything out of their lives become stock brokers or mechanics, or ....

3Stock Brokers Empty Re: Stock Brokers Mon Jul 21, 2014 2:08 pm

ecse


Manager - Equity Analytics
Manager - Equity Analytics

nzr wrote:
One of my friend in India has been investing 70% of his savings in stock market, he never bother to analyze anything, and just follows his broker's instruction and prospering year by year.

So lets fight.

4Stock Brokers Empty Re: Stock Brokers Mon Jul 21, 2014 2:32 pm

NC

NC
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

I havent work with many brokers, but honestly I'm not happy with my current broker... dont know why I pay their brokerage fee.  Very Happy Very Happy 
But I dont surprise, bcz SL is far behind from OTC financial instrument.

5Stock Brokers Empty Re: Stock Brokers Mon Jul 21, 2014 2:34 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

nzr wrote:It's stock broker's duty to guide us and recommend to buy/ sell at right time. But, in Sri Lanka?
Just see some of my stock broker's recommendations;
  PCH at 7.50
  LDEV at 16
  TWOD at 18
  HVA at  19
  GREG at 17
  DPL at  19
  CSF at 13
One of my friend in India has been investing 70% of his savings in stock market, he never bother to analyze anything, and just follows his broker's instruction and prospering year by year.
Wow ........ NZR tell me who is this broker. Rolling Eyes 

Hooray we all will be rich  tongue tongue 

Look at Dr S stock PCH bought @1 Rs i guess

He will own a Private JET

6Stock Brokers Empty Re: Stock Brokers Mon Jul 21, 2014 2:36 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

nzr wrote:It's stock broker's duty to guide us and recommend to buy/ sell at right time. But, in Sri Lanka?
Just see some of my stock broker's recommendations;
  PCH at 7.50
  LDEV at 16
  TWOD at 18
  HVA at  19
  GREG at 17
  DPL at  19
  CSF at 13
One of my friend in India has been investing 70% of his savings in stock market, he never bother to analyze anything, and just follows his broker's instruction and prospering year by year.
NZR you should have asked Am I Dreaming Mr. Broker  Shocked 

7Stock Brokers Empty Re: Stock Brokers Mon Jul 21, 2014 2:37 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

NZR
When was this Recommendation given .... old or current  Smile 

Can you give us a clue as to what broker company if you dont mind  Smile 

8Stock Brokers Empty Re: Stock Brokers Mon Jul 21, 2014 3:33 pm

nzr


Stock Trader

SHARK,
Those recommendations were during 2011-2013 by capital trust. During my 3 years association with them, their only good recommendations were RICH,GLAS, COMB, HNB & SAMP, but those were also not at right time

9Stock Brokers Empty Re: Stock Brokers Mon Jul 21, 2014 4:05 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

There was sometime an article about an issue of unauthorized sale of shares. which was readjusted by the broker company and admitted it was a mistake.

10Stock Brokers Empty Re: Stock Brokers Mon Jul 21, 2014 4:09 pm

stevenapple


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

In reality Brokers are living out of commissions.
So the majorities ultimate objective is getting highest commission opposed to highest Yield to the share holder.
With the financial distress they are in broker might resort to some unethicla dealings as well.

11Stock Brokers Empty Re: Stock Brokers Mon Jul 21, 2014 4:11 pm

stevenapple


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

nzr wrote:SHARK,
Those recommendations were during 2011-2013 by capital trust. During my 3 years association with them, their only good recommendations were RICH,GLAS, COMB, HNB & SAMP, but those were also not at right time

nzr hope this is a true story.
Will cause a considerable harm to the broker.

12Stock Brokers Empty Re: Stock Brokers Mon Jul 21, 2014 4:15 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

nzr wrote:SHARK,
Those recommendations were during 2011-2013 by capital trust. During my 3 years association with them, their only good recommendations were RICH,GLAS, COMB, HNB & SAMP, but those were also not at right time
I think they should change it to some other.

13Stock Brokers Empty Re: Stock Brokers Mon Jul 21, 2014 4:18 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

stevenapple wrote:In reality Brokers are living out of commissions.
So the majorities ultimate objective is getting highest commission opposed to highest Yield to the share holder.
With the financial distress they are in broker might resort to some unethicla dealings as well.
Stay Tuned for More coming ....... I am waiting for the confirmation and will let you know ...... with regard to unethical sale of unauthorised shares  Shocked which all must guard against

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