apbsic Rolled and gone,

[#1]

i hope the new apbsid will show in my acc 2day as i see only emptiness where it used 2 be,not even the money value shown,anybody have same problem?

[SimonPB]

it will reflect today, after 7pm

[Samir]

Simon, whats the gimmick here? How come thesse roll-overs are taking so long? Is it the JSE,Strate or whom??

[SimonPB]

that's what I am trying to find out

[#5]

Keep a couple million arround couple days maybe scoring on interest or maybe scoring on the values of the raplacement.Imagine the replacement go up couple % someone will win and someone loose?

[SimonPB]

KIM, transfer value/quantity is worked from the close on expiry date. So no worries there. No interest issues. Only problem is if you want to sell, you can't.

[#7]

Thanks Simon.Im learning,good thing with forum is one person can answer lots of peoples questions in one go.

[#8]

What happens when the "roll-over" date is close to the LDT and the 7 working days become the 14 working days as is the case now? Do we then just whistle for our dividend?

[#9]

I ommitted to include "or dividend payment date".

[SimonPB]

you still get div, ownership transferred on day after expiry.

[#11]

Samir, now you know it is the Standard Bank clerks!

[Samir]

This smells like something Hanz would do.... Would love to hear the excuse for all of this.

[SimonPB]

hybridgel, you mistake ownership for having it in your account.

[#14]

Well, my reasoning is that if ownership can be transferred the next day, then it is only up to the clerks to record it on our "statement" or account!

[Samir]

SImon, if i were managing this account behalf of my employer, how would I explain to them that their portfolio printout from the website is missing there INPSTA investment. Theres no offical notice on the site and can easily mis-lead a layman to belive that I have lost/stolen the money.

[#16]

Simon, when will the exercise be completed? I am still missing some instalments!

[#17]

Also, I do not seem to have received the cash for the fractions for those that have rolled and are showing on my account!

[Samir]

As i type this, I am on the line with the call centre and have been on hold for the last 4 minutes without speaking to anyboday as yet."All our consultants are still busy. Please hold." INPSTA still not accounted for/replaced on my account.

[#19]

obviously still trying to find the "Inspired. Motivated. Involved." somewhere around the building! lol.

[Samir]

Ya. Ridwaan tells me that Standard Bank clients have not recieved the INPSTBs as yet(from the INPSTA rollover). Though, Investec clients and other broker clients have received it. How odd, that S/B is the issuer yet they don;t give their own clients the service. Nice if there was an ombudsman to report all this ***** to. Meanwhile, INP is LDT today and I can' trade.