Thursday, 29th July 2010
   
 
  1. If I sell my shares  now when can I be paid?
  2. How many days does it take before my shares can be verified?
  3. Where is you office located?
  4. Can you recompany meet the new minimum capital for stock broking firms?
  5. Does your company offer loan to his clients to buy shares?
  6. Can your house pay me off pending the verification of my shares?
  7. What are your charges?
  8. Can I be paid cash or open cheque when my shares are sold?
  9. How do I sell my shares?
  10. How easy is it for me to sell my shares?
  11. Can I just walk into anybody with my certificate and have my shares sold?
  12. Can I pay money into my CSCS account?
  13. What are the procedures for buying shares.
  14. Will my dividends be coming to me through your company.
  15. Can I sell my shares when I don’t have my certificates?
  16. Can I buy a share for my baby who is minor?
  17. Can cheque for the sale of my share be issued?
  18. What do I need to provide to sell my late father’s/mother’s shares?

Answers to above questions:

 
   
   
   
   
   
   
   
   
     
     
       
       
       
       
       
       
       
       
       
       
       
       
   
Ans1.Three days from the day of  sale  
Ans 2.Two to four weeks  
Ans 3. Kingsway building, 51/52, marina Lagos (2nd floor suites 18- 20)  
Ans 4. Yes, we have a firm arrangement with prospective investors who have demonstrated interest in equity investment in Tfs. Already one of such prospects has about N500million naira portfolio under our management.  
Ans 5. Not yet.  
Ans 6. No, your share must first be verified.  
Ans 7. You will see the charges in our contract notes but our commission is 1.5%  
Ans 8 . No, we do not pay cash and we only open cheques that are N50, 000 and below on request from the client.  
Ans 9. Through a stockbroker  
Ans 10. Shares in CSCS can be sold with ease same day as they have been verified  
Ans 11 . No, you need to contact a stockbroker  
Ans 12. No, the CSCS account is not an account where money can be paid. It is an account into which all your shares are sold.  
Ans 13. First CSCS account must bem opened for you and thereafter you will give us mandate for purchase of your shares.  
Ans 14. No, they will be posted to the address you fill in the account opening form or public offer form.  
Ans 15.  
Ans 16. Yes, but you must give us your passport photograph and photocopy of your drivers license  
Ans 17. Yes, but with a written mandate from you.  
Ans 18. you need to provide the following
i. letter of administration
ii power of authority
iii an efficient.