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2015-09-02T00:00:00.000Z

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Wrong Hewley Nelson?

Mr. Hewley Nelson

General Manager

Hand-in-Hand Trust Corporation Incorporated

Email: t***@***.gy

Hand-in-Hand Trust Corporation Incorporated

Background Information

Affiliations

Board Member
GASCI

Education

Bachelor of Social Sciences Degree
Public Administration

Web References (7 Total References)


Board of Directors

www.gasci.com [cached]

Mr. Hewley Nelson

Mr. Nelson is the General Manager of the Hand-in-Hand Trust Corporation Incorporated and has been with that Institution since 1972, having been appointed its General Manager in 1988.
He has a Bachelor of Social Sciences Degree in Public Administration and attended several overseas courses in Pension Administration and Investment Analysis.
He has also served as a Director on several Public Sector Boards.


Welcome to guyanachronicle.com sports

www.guyanachronicle.com [cached]

When the stock exchange was launched on June 30, 2003, GASCI Board Member and Director of the GNCB Trust, Mr. Hewly Nelson, said it would provide an opportunity for the small man to get involved in the holding of shares, while also providing a cheap source of financing for companies.


Welcome to guyanachronicle.com sports

www.guyanachronicle.com [cached]

Outlining some of the benefits of the Stock Market, GASCI Board Member, and Director of the GNCB Trust, Mr. Hewley Nelson, explained that it provides an opportunity for the small man to get involved in the holding of shares, while also providing a cheap source of financing for companies.

He anticipates that there are a number of situations could develop from the stock exchange - for example, having a capital market whereby new companies could now come and ‘float' shares so as to raise their share capital.
Nelson said that GASCI is hoping somewhere along the line, to create an avenue for Treasury Bills and Debentures will be counted to take care of emergency financial obligations rather than having to wait for shares to mature..
"It is a cheap process of financing for any company, as against borrowing from the Commercial Banks," he reasoned, adding that by issuing new shares through the stock exchange, businesses will raise working capital through subscription.
This process effectively cuts out having to approach a Commercial Bank to negotiate a loan, and having to show the required collateral.
The added benefit of buying shares is that, once a customer buys shares from a company he becomes part owner of that company, and the shares bought, automatically entitle him to dividends or some of the assets of that company.
If after, say two years, the customer decides on selling his shares, this may be done through any of the three named Brokers who will put it on the market and have it sold to whoever wishes to buy them, Nelson stated.
And further explaining the dynamics of the Stock Exchange, Nelson explained that customers can "play the market"- ‘buying' when the price is low and ‘selling' when the price is high.
"When the price is low, customers can "buy in" from other persons and hold until the price recovers," he explained, ultimately giving oneself at opportunity at income generation and capital negotiation.
He said a Stock market allows owners of stocks and shares to dispose of them at a fair price.


Welcome to guyanachronicle.com sports

www.guyanachronicle.com [cached]

Outlining some of the benefits of the Stock Market, GASCI Board Member, and Director of the GNCB Trust, Mr. Hewley Nelson, explained that it provides an opportunity for the small man to get involved in the holding of shares, while also providing a cheap source of financing for companies.

He anticipates that there are a number of situations could develop from the stock exchange - for example, having a capital market whereby new companies could now come and ,float, shares so as to raise their share capital.
Nelson said that GASCI is hoping somewhere along the line, to create an avenue for Treasury Bills and Debentures will be counted to take care of emergency financial obligations rather than having to wait for shares to mature..
,It is a cheap process of financing for any company, as against borrowing from the Commercial Banks,, he reasoned, adding that by issuing new shares through the stock exchange, businesses will raise working capital through subscription.
This process effectively cuts out having to approach a Commercial Bank to negotiate a loan, and having to show the required collateral.
The added benefit of buying shares is that, once a customer buys shares from a company he becomes part owner of that company, and the shares bought, automatically entitle him to dividends or some of the assets of that company.
If after, say two years, the customer decides on selling his shares, this may be done through any of the three named Brokers who will put it on the market and have it sold to whoever wishes to buy them, Nelson stated.
And further explaining the dynamics of the Stock Exchange, Nelson explained that customers can ,play the market,- ,buying, when the price is low and ,selling, when the price is high.
,When the price is low, customers can ,buy in, from other persons and hold until the price recovers,, he explained, ultimately giving oneself at opportunity at income generation and capital negotiation.
He said a Stock market allows owners of stocks and shares to dispose of them at a fair price.


Welcome to guyanachronicle.com sports

www.guyanachronicle.com [cached]

When the stock exchange was launched on June 30, 2003, GASCI Board Member and Director of the GNCB Trust, Mr. Hewly Nelson, said it would provide an opportunity for the small man to get involved in the holding of shares, while also providing a cheap source of financing for companies.

He anticipated that there are a number of situations that could develop from the stock exchange - for example, having a capital market whereby new companies could now come and 'float' shares so as to raise their share capital.
Nelson had said that GASCI is hoping somewhere along the line to create an avenue for treasury bills and debentures to take care of emergency financial obligations rather than having to wait for shares to mature. (Mark Ramotar)

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