u/TechNerdinEverything

This is one typical IPO that started around 12 and reached 18 after high booking volume. This shot up to 21 after listing on PSX now its coming crashing down after a few days

Same happened with Ghani and more recently PQGTL. But PQGTL also pays dividends because of their higher cash flows as compares to other shit IPO failures. Insurance and banks will payout dividends almost compulsorily but these smaller industry and new IPO don't

Take these history lessons and please don't screw yourselves up guys

There are 2 investors

1. Emotional: Follows market hype. Buy because everyone says to buy. This drives prices up very high. This is your typical Pakistani Chapri investor

2. Analytical and Calculated Investor: Study the whole thing, analyze stock prices, earnings, revenue and cashflow and other 50 factors before investing

In the beginning the price of share is heavily influenced by emotional investor due to driven demand. High buy demand = high price spike and high sell rate = stock price big dip

The price will remain temporarily for few days few hours but the price starts to settle towards the price predicted by Analytical investors

Dont be a chapri investor

I visited the showroom and didn't dig deep as I was walking around casually. But i noticed weird bumper gaps and surface of rear fender painted on an even surface

This was one unit but the other unit was black so hard to capture gaps on camera

I am sure you will find more if you dug deep enough. Not all models might have issues but still seeing how this rolled off QA thats baaad

Today i went to karachi haleem phase 6 bukhari branch where i have been going since past 3 days for my lunch. I ordered daal chawal which were unavailable due to getting burnt during cooking process (as said by the server) hence i settled for a chicken pulao. When i reached last bites of my pulao i noticed a dead fly in the plate (there were no flies in the dining area) and i complained about it to their server. I did not think much of it and thought that it might be a one time mistake and karachi haleem is a brand known for its quality. However, when i got up to pay the bill and went to the counter i noticed the cashier (picture attached, name as told by the server: jamal) saying words along the line of “bhen*hod pagal thori hun akhri niwale mei makhi agayi to change kardu” (i did not ask anyone to change my dish as i just accepted it as a one time mistake, the server, unbeknown to me, asked the cashier for it himself) and jamal also said “bat (distribute) thori raha hai, abdullah shah ghazi ke mazar pe bat ta hai wahan jake khale isey bol” not knowing that the customer standing on the counter is me, the one of whom he is talking about. I just payed the bill of 580 and left but took the picture of jamal as he was unwilling to tell his full name.

Long story short, due to a glitch in LIMIT ORDER, my MEBL shares were over sold and I had a negative shares of 6 (I also got extra cash)

I was called by Next Capital who asked me to buy shares to offset at evening. I agreed but I asked for email for paper trail.

I send them an email regardless and start taking screenshots especially of the CASH BOOK

I can prove it because my email trade alerts for the extra purchase doesn't have the extra purchase

Next day they start to ask me when will I buy shares I say i will buy at the price i got -6 shares sold (the extra cash in my ledger would be used here so no biggie I bought it)

I cleared it up an hour later with around 20rs loss in fee and FED (sell and repurchase). Anyway

On the third day I noticed 3119 deducted from my account, 6 shares deposited to my account. Upon checking the retards actually purchased the shares at 519 !!! When MEBL hit 519 this week WTF

That gives me a loss of over 200 considering how bad the market is and i wanted to invest in the time

I have logged a complaint in SECP portal under UNAUTHORIZED TRADE

Please guys help and guide me further how can i take action? Its not about 200 rs although i would hate even 1rs wrong deduction but WTH is this

I have gathered as much evidence as possible and structured it in complaint box and a PDF file

Has anyone complaint on wrong deduction got it resolved?

Sadapay is refunding WHT on international transactions from the year 2022 to July 2024. This is the 5-10% WHT filer-non filer you paid the govt for your international transactions in that period.

But what about other banks? I made transactions on Meezan in the same time period.

People who paid for facebook ads, airline tickets etc are getting huge refunds for that period around 50-100k