The seminar lasted for three hours and attracted large audience interested in the investment field.
The seminar covered a professional knowledge in investment analysis tools that show how to help KAB clients to earn satisfactory rate of profit.
One of KAB clients commented that the accuracy of the daily strategies on the FOREX market and Stock Index market provided by the strategic analysis department at KAB was over 85% in the last 2 months. He added: “I have never seen a brokerage company in Kuwait that stresses on strategic analysis, helps the clients to earn profit, and provides training courses and the latest news on an hourly bases. They really help me to earn!”
Actually KAB is not a brokerage firm, KAB is a strategy company and an introducing broker of E.SUN Bank in Hong Kong. KAB’s clients simply deploy KAB’s strategy and trade their personal accounts at the E.SUN Bank. Obviously, KAB and its clients share the same interest.
Hassan Jishi, the General Manager of KAB strategy Kuwait said: “We are here for helping the clients to get with the market pulse, trade with the fair quote from the bank dealing room directly and most important of all, educate the investors with knowledge for their future investment”.
The seminar consisted of four parts. Introduced by the representative of the E.SUN Bank (Hong Kong) and KAB Strategy ltd. Mr. KC Chan, he explained the synergy of KAB and E.SUN Bank mix and pinpointed the main role of KAB to provide up-to-dated markets strategy both on fundamental and technical basis to cope with the daily and hourly market changes. Obviously, KAB brings the idea of “WIN WIN WIN” to all parties, the bank earns clients deposit and transactions income, KAB earns the return from commissions and clients’ profit sharing. For the clients, they earn the profits from the market strategy provided and valuable knowledge in trading and market analysis.
In the second part, Hassan Jishi gave the audience an idea about the varieties of services provided by E.SUN Bank (Hong Kong), and KAB. At KAB, there are four types of accounts. The first type is the Principle Guarantee Account where the bank will guarantee the principal of investment; second type is Elite Account where KAB Fund Manager runs the client’s capital at the bank. Third type of accounts is VIP Account, as the clients can directly have their own bank statement and make their transactions directly to the bank dealing room. And the fourth type is the Master Account. “ Unlike other brokerage firms in Kuwait, our clients can benefit a cut in their commission directly once their orders go to the bank dealing” said Jishi.
The third part of the seminar came more interesting as KAB Strategic Analysis Department Manager Mrs. Sara Abdel Samad used 1-hour time to present the guests with the basic knowledge of using technical tools in the daily analysis work. More impressive is her research result since last December till now, as the accuracy of her forecasting and analysis was over 85%. She provided evidence on the successful trade from the clients’ statements and the market forecast made by her department. No doubt, if the investors are really equipped with knowledge and up-to-date news and analysis, steady investment return is absolutely feasible.
Finally the show came back to the Executive Director of KAB Strategy Ltd. Mr. KC Chan from Hong Kong. Mr. Chan was a former research analyst manager in the Chinese Bank in Hong Kong since 1992 and he was a columnist on FX and Financial Futures in 2 newspapers in Hong Kong, 1 newspaper in China and 1 Economic magazine since 1989. Also he was the guest of the Financial Channel of Radio Hong Kong in year 1993. Mr. Chan forecast made in the seminar over the Currencies and Stock Index has deeply impressed all the participants as KAB’s existing clients have evidenced that his research analysis department workout has successfully forecasted the market movement since they launched their services and clients have enjoyed the tips for their earnings!
At large, the seminar brings a totally new idea in the investment concept to Kuwait. From the satisfaction of the clients, KAB seems to really make the difference in this business in the GULF region.
Wednesday, February 5- 2003 @ 16:01 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.