Mcy56:

Na 3 times sir! Lol.
Me self no know anything o. I just posted due to the % it's lost so far and I thought kobo 70s shouldn't be a bad entry for the long run, which may not even be that long self. I have it but just watching out for 'bottom price' to average down anyway.
Guess maybe it's reacting to some supposed insider news....just maybe.

Mcy56:

In Peter's voice: Patience Is Key.
In Agba's handwriting: Wait For It At the 'bottom' - 20k each.
In Mende's opinion: What Are You Looking For In Those Stocks When Better Bargain Full Ground?
In OGG's Drug Of Patience: ........................... fill in the gap.

735i:
Maybe this? https://punchng.com/fgll-pay-failed-investors-n736bn-to-repossess-discos/?
So they'll probably get their outstanding debts from FG. FG needs to sort out the Discos before the Siemens deal kicks off

arduino:
To counter OGGs opinion, Jaiz and Unity on a good day will give 100% in 1/4 of the time it will take FCMB or Fidelity to deliver 50% if gotten at my quoted prices

Mcy56:

Dear bros, sorry I have to quote you, the thing is that many knew the truth but sadly we dont ACT it.
A lot goes into the problem on ground, PMB is just another phase of its continuation and not necessarily the cause. You know very well more than this, lets not be addressing the issue on the surface! Make I stop there, I no get strength to argue.

735i:


Maybe this? https://punchng.com/fgll-pay-failed-investors-n736bn-to-repossess-discos/?
So they'll probably get their outstanding debts from FG. FG needs to sort out the Discos before the Siemens deal kicks off

Chibuking81:

As for Transcorp is one chance bus, even if they get the money from federal government, they will corner it, shareholders will not get it as dividend.

Bizibi:
what surprised me yesterday is Germany stock market,it seems the trade war between us and China is affecting the others. It seems Trump doesn't care about the elections, na soldier go, soldier come. He is no different from Buhari.

bigjay01:


is Transcorp not a Genco? Are they paying Gencos as well?

pluto09:



Abba, how will you compare Trump with buhari?

pluto09:



Abba, how will you compare Trump with buhari?

bigjay01:


is Transcorp not a Genco? Are they paying Gencos as well?

Michael11stock:
The trade war I was thinking it should be a blessing to us, meaning most people would move their foreign funds bring it back to Nigeria and invest, pending when this whole stuff's settled

Bizibi:
who in his right sense will move funds to Nigeria now.

735i:


Even if yields on government instruments touch 20% and Dividend yields get to 18%, investors won't be swayed to come here.

What's happening is global. There is a global flight to safety. We're entering a risk-off environment where anything perceived as risky is shunned by investors.

Plus, the FG is not doing anything right to assure investors that their investments will be safe here

lancee:
All these Big Banks refused to release results ..Don't know what they re hiding

mendes911:

At this rate Fidelity might touch 90k ooooo.

Eti is even tending towards 15 years low.

LOL.

mendes911:

At this rate Fidelity might touch 90k ooooo.

Eti is even tending towards 15 years low.

LOL.

OBAGADAFFI:


GTB(DataMax Registrars Ltd) registration process is very difficult .


Kindly contact your stockbroker to process your share stock transfer Form through the CSCS.
​
Submit to us photocopy of the stockbroker’s schedule/share stock transfer form duly acknowledged at the CSCS, attach the completed e-dividend mandate form, ensure that the completed form is stamped by your bank and forward to our office for processing

mendes911:

At this rate Fidelity might touch 90k ooooo.

Eti is even tending towards 15 years low.

LOL.

ImperialCovfefe:


Thanks.

I meant the actual bank, not registrars. In Nigeria, you just walk into a branch to have your e-dividend mandate signed, stamped and processed. But liaising with the NRN team for a similar process isn’t going so smoothly.

Have you had to process your e-dividend mandate without physically visiting a bank branch?

735i:


Discos owe the Gencos. FG takes over (assets and liabilities of Discos), pays off debt to Gencos.
Transcorp power is a Genco being owed by several Discos. Therefore, they may benefit from this development as receivables will reduce and cashflows will improve.

Chibuking81:

If it touches 90 kobo I will sell all my other stocks and make my portfolio 100% of Fidelity, then Fide PE will be below 1.
As far as our FCMB has positive earning in their 2019 Half year, Fide must have, either by hook or by crook, if they didn't see what to do, they will perfectly cook it to maintain positive earning.
Anyway am looking for money to keep on buying better stock, because one day Mr bull will resurface.

mendes911:
Transcorp toorrr. Who gave Mcy56 hope like this today? This ain't fair!

OBAGADAFFI:


Kindly explain the NRN team your talking about.

The process i gave you is for GTBANK.

Chibuking81:
https://www.vanguardngr.com/2019/08/why-we-stopped-forex-for-food-import-buhari/
Does this help our economic in short run or long run? Did our dear president consult his economic team or his cabinet? Country make money from exporting than importing that is understandable. What effect will this have in the NSE?.