I love to read about your experiences! I have enjoyed reading your articles. It is well written. It looks like you spend a large amount of time and effort in writing the blog. I am appreciating your effort. George offers How To Buy Property Shares opportunities and teaching Commercial to Residential Conversion. A well written article! The letter as well as the content itself reflect the finest artwork of tireless effort to the task.

The Listed Companies of the Papua New Guinea Port Moresby Stock Exchange (POMSoX) | fadukuvo.web.fc2.com

I highly appreciate your effort as I find it highy useful and educational. Keep up the good work Kange! I found this post interesting. Similarly, a company called Epic Research also teaches the process of share purchasing. This article has been well organized and has defined a lot of things which I am on it and it really helps me.

It's fascinating and it has provoked me to engage in such easy way of earning money. Thank you for providing this helpful information to benefit the interested and potential individuals, and I appreciated you for your time and effort put in to compiled this article.

A simple and well presented steps on stock marketing. Appreciate your time and effort. GET FREE ACCESS TODAY. My advice was basically that in order to really make money in the share market, you need to educate yourself first; and secondly, that you should start a business and invest in real estate as necessary steps towards investing in shares. However, from the feedback I have received from readers, it seems like share market investing holds a lot of fascination for Papua New Guineans. As this column is about empowering readers with information to help them become financially literate and thereby make wise financial decisions, I have decided to provide the basic steps people go through in buying shares.

This is for those who really want to buy shares. My advice on starting a business and buying rental property still stands.

How to Invest in Papua New Guinea | Investment Promotion Authority

Here they are the basic steps you will have to go through to buy shares in the Port Moresby Stock Exchange PomSox: Make contact with one of the stock brokers. Establish what type of services they provide, and the fees they charge per transaction. Sign a client agreement and establish an account with the broker. The agreement states basically that you have authorized the broker to act on your behalf. The account opens the way for you to deposit funds which the broker will hold in trust for you and pay for the shares.

Would you buy shares in an SOE? | Skerah | Papua New Guinea

There are also other more exotic types of orders. It is usually a requirement that the order is repeated so that there is no ambiguity as to what the broker is expected to do. Verbal orders must also be confirmed in writing fax or email. The order is placed on the market through a computerized electronic trading system. All participants in the market are connected to the exchange, so every time an order is placed; it appears on their computer screens. This makes the market transparent, and enables all the participants to see what is happening in the market.

Once a transaction is successfully executed, the broker sends the buyer a contract note specifying relevant particulars of the transaction, especially the number of shares bought and the price. Payment of the shares purchased and the brokerage charges are required to be settled within 3 days of transaction being completed.

The registry is usually an independent organization which maintains the details of all the shareholders of companies whose shares are traded on the stock exchange.

Previously share certificates were posted to owners. Today shares are usually kept on the registry. The buyer is now a proud shareholder! There may be some additional processes you are required to go through to buy shares, but the above 6 are the basic steps. You need to ask your chosen broker if there is anything else you need to do to buy shares.

The following are some of the privileges of being a shareholder: You receive company updates including annual reports. You attend annual general meetings and participate in decision-making. You receive dividends if declared by directors. You participate in dividend-reinvestment plans.

You receive other benefits such as discounts on company products or preference on new share issues. Send your comments to secos global. Posted by Tiri Kuimbakul at Newer Post Older Post Home. About Me Tiri Kuimbakul Mount Hagen, Western Highlands Province, Papua New Guinea I aspire to motivate, inspire and empower students and young people in general to succeed academically, professionally, financially, personally, socially and spiritually through writing, speaking, seminars, workshops, coaching and mentoring.

The motto of SECOS BOOKS, my publishing company is: Would you like to learn how to invest in the stock market? The allure of second-hand bookshops 5 months ago. The Donald Trump Blog. How to Find Leads and Market Your RE Business on Twitter 6 years ago. Rich Dad Education Blog. Links Investopedia - Investment Education Motley Fool Stock Market Advisor Brian Tracy Motivational Adam Khoo Learning Technologies MSN Money Bank of PNG PNG Treasury Department Australian Stock Exchange CNN Money PNG Investment Promotion Authority Port Moresby Stock Exchange The National Newspaper The Post Courier.