Mcy56:
Chai! This market sure have a way of humbling people sha. See as everyone dey peep, read comments and go.

By the way, where is oga chibuking81? I hope all is well.

Mcy56:
Chai! This market sure have a way of humbling people sha. See as everyone dey peep, read comments and go.

By the way, where is oga chibuking81? I hope all is well.

Lol

Today might just pass peacefully if Dangote Cement is not able to trade a block of 10,000 units with its current downtrend.

Market is gradually gathering momentum just towards close of trading today to finish positive.

79mn Units of UCAP traded??

shigidi:
79mn Units of UCAP traded??

CEO just resigned.

Onuokwu:


Is Boyo not the one at Eterna Plc?

No, the guy at Eterna is Boyi from the north. Boyo and Jite are from Delta state

So what is dangflour planning that has got peter jumping. Make them let us know so we can get in before the pumping starts.

Na wa o. There's hamattan here today

Please can someone help with how market INDEX is calculated. Thanks.

That illiquid publishing company making me proud when other sectors are down.

Mpeace:
CEO just resigned.

musical chairs

How market?

please is it possible to buy stocks of 2,000 naira

hunter21:
please is it possible to buy stocks of 2,000 naira

See your face.
Joker.

[quote author=locodemy post=68389456]

See your face.


Him be ur bros ??

hunter21:
please is it possible to buy stocks of 2,000 naira

Very possible . but no xpect returns just build ur money to ur capability.

hunter21:
please is it possible to buy stocks of 2,000 naira

This Loco self.

Dear hunter21, it's not possible if you are just coming to explore the stock market.
For IPO, not possible because there'll always be minimum amount you can buy and for secondary market, where you can buy through a broker, you'll need to open an account with a stockbroking firm with certain amount - all higher than 2k.
It is however possible once you've already and conveniently open an account with the broker.
Like Krisuba said, you will have to be building and compounding the cash to get much better returns i.e. you can see the account as your investment account which you'll be depositing more money at regular intervals and increasing your share purchase little by little.
My own little contribution to my fellow newbie's inquiry ........ with due rgds to my ogas on top

@valacious sir, you are welcome. Pls breathe a sigh of relief for you have just one or two pages to read on your arrival, Nsempa members are on siddon-look strike today

The quiet before the storm

NSE is a cycle.

Those running out will soon start running in.

Those running in will soon start running out.

Those standing on the fence may soon fall from the fence.


If only NSE opens at night

MSCI MOVEMENT FOR 11 JUNE 2018

This is an interesting time in the market. Still few buyers in the market which have kept most prices low.

Again, this is the season of buying at the support or better still demand point.


Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source.

yok:
MSCI MOVEMENT FOR 11 JUNE 2018

This is an interesting time in the market. Still few buyers in the market which have kept most prices low.

Again, this is the season of buying at the support or better still demand point.


Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source.

They will turn around and start selling....

hunter21:
please is it possible to buy stocks of 2,000 naira

you can even buy of N50; D


I once bought a stock in error while using the online platform, there was a glitch and all, then I got a mail from my stock broker that the deal sailed through

That one unit is with me till date

So if that's possible, 2k is of course possible


Except you already know this, but want to troll us here

Mcy56:

This Loco self.

Dear hunter21, it's not possible if you are just coming to explore the stock market.
For IPO, not possible because there'll always be minimum amount you can buy and for secondary market, where you can buy through a broker, you'll need to open an account with a stockbroking firm with certain amount - all higher than 2k.
It is however possible once you've already and conveniently open an account with the broker.
Like Krisuba said, you will have to be building and compounding the cash to get much better returns i.e. you can see the account as your investment account which you'll be depositing more money at regular intervals and increasing your share purchase little by little.
My own little contribution to my fellow newbie's inquiry ........ with due rgds to my ogas on top

When I bought international breweries I subscribed for 3500 units which was less than 3000 naira, 1500+ was allocated to me though I couldn't turn my returned money to cash. With #2000 hunter can still get IPO but it will be through the insurance companies but not Japaul because Japaul will jack the price

yok:
MSCI MOVEMENT FOR 11 JUNE 2018

This is an interesting time in the market. Still few buyers in the market which have kept most prices low.

Again, this is the season of buying at the support or better still demand point.


Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source.

These people are confused!

Can't figure out any strategy in their investment

Una get hangover for here ni?

C & I Leasing Plc N7 billion bond offer is oversubscribed
C&I Leasing Plc has announced that its N7 billion bond issuance was oversubscribed by 133%.

Chukwuma Okolo, Chairman C&I Leasing Plc, disclosed this at the signing ceremony with issuance houses in Lagos.

According to the Cable, the bond offer is a five-year fixed rate senior secured bond, which was officially opened for issue on May 21 and closed on June 4, 2018.


Okolo noted that the firm was excited about the success of the first in the series of its N20 billion debt issuance programme.

In his words:

“WE HAD AN EXTREMELY SUCCESSFUL OUTING, WE HAD 133 PERCENT SUBSCRIPTION TO OUR REQUIRED N7 BILLION. BUT OF COURSE, AS A DISCIPLINED COMPANY, WE ARE ACCEPTING WHAT WE SET OUT TO RAISE.”

Also speaking, Andrew Otike-Odibi, Managing Director of the company, said a significant portion of proceeds from this series will be used to finance maturing bank loans and scale up its services in the oil and gas sector.

Recall that the company also raised N700 million at about 16 percent in 2016.

The rush for corporate bonds
Nigeria’s securities regulator may be preparing for record bond issuance from companies seeking to leverage on the lower interest rates and improved economic indices.

Improved liquidity on the Nigerian Stock Exchange (NSE) and FMDQ OTC Securities Exchange is also encouraging firms to sell more debt securities

In its Full year 2017 financial statements for the year ended 31 December 2017, the company recorded revenue growth of 26% Y-O-Y to N21.4 Billion from N17.0 Billion And 19% Increase in Profit After Tax to N1.1 Billion.

About C&I Leasing
C&I Leasing group of companies is made up of three divisions, Fleet Management, Outsourcing, and Marine divisions and two subsidiaries in Leasafric, Ghana and EPIC International FZE, United Arab Emirates.

In 1997, C&I Leasing Plc concluded a major restructuring that saw its conversion to a public company with its share listed on the official list of the NSE as the only leasing, support, and logistics rentals services company.

Its shares are currently trading at N1.61 with a one year return of 136.76%.

Think so

Agbalowomeri:
Una get hangover for here ni?

Bearbullmrk transmission confusion, making people to embark on siddon-look strike.

Agbalowomeri:
Una get hangover for here ni?

People were expecting crazy bull this week, and it has not come yet.

Ugosample:
you can even buy of N50; D
I once bought a stock in error while using the online platform, there was a glitch and all, then I got a mail from my stock broker that the deal sailed through
That one unit is with me till date
So if that's possible, 2k is of course possible
Except you already know this, but want to troll us here

Oga, you are talking about someone who is already in the system. In online platform, one can even buy 1unit of 20k share (in error anyway), I used to see lots of 1unit purchase on itrade but for a starter, I don't think it's possible. I stand to be corrected anyway.

musty00:

People were expecting crazy bull this week, and it has not come yet.

Did the index loose yesterday? Bull is dwelling in our midst. Let this public holidays end first then we will see.