@invible! and Roughcut, Whaooo, you guys are just toooooo goooood! See how una take use poetry do some subtle stock recommendations Genius! that na real talent o

@ All: wishing you all a merry xmas and prosperous new year. Will be missing you guys for the rest of the year, until 2008

@Aktopgun, how the go dey go with baby duties? Make una take plenti plenti care of bambino, because that na our baby of the year for this forum Lots of hugs and kisses to the little one from every one of us here on this forum!.

Oh and did I forget to mention . . . in addition to reading him "one up on wall street" at bedtime, don't forget to buy and read him the book titled "how to be a jack of all trade and master of ALL" _{coming soon to a cinema bookstore near you . . .}

Was the NSE open today? can't find today's market prices any where.

@ Windywendy, I hope you are not planning to abandon us here for the rest of the year? cause you said 'see you in 2008, please, you have not given us your five top picks for next year.

@ All the gurus, do the young ones a favor by giving us your top five picks for early 2008. Just regard it as an xmas gift to us. We are starting from windy, over to you pretty baby

@ ola, you no wan make them chop sallah ram? How them go dey celebrate and still be trading on the NSE? Na wa oo

@windywendy
tamilore says thank you for the "baby of the forum" honor.
i am becoming "nappy changer" of the year, i get to do all the cleaning up since i don't have mammary glands to feed him. he is such a beautiful boy, but then wetin i for talk before  

here's wishing everyone of the guys on this thread a happy happy christmas and a prosperous, rewarding new year from the topgun family.

p.s i haven't forgotten the tutorial for our new members. some of it is ready and will post it soon (tried unsuccessfully once already)

invisible!:

@ ola, you no wan make them chop sallah ram? How them go dey celebrate and still be trading on the NSE? Na wa oo

I no know o, kai enjoyment dey Nigeria o holidays left and right.

RoughCut:

@All

I wont bother mentioning names Barge has done that quite perfectly well!. Every single one of you guys have been amazing on this thread and you made it what it is. You have all been fantastic and you have all impacted me in your own individual styles and i'm just so much the better for it.

I wish you a merrry christmas and a prosperous new year. The RSI of your portfolio will continue to gather momentum in the years ahead, the moving average convergence/divergence of your invetsment will continue to favour you in Jesus name and the On Balance Volume of your holdings will not be in negative terrotory_{i just have to slip that one in!}. In short all the technical and fundamental  indicators you may think of and come up with will continue to work in your favour in Jesus name.   

As the star can never struggle to shine, your  portfolio will never struggle to shine in'08. The river can never struggle to flow, you will not struggle to get ahead in '08. You will gather speed, you will gather momentum in the years ahead. Your progress will be accelerated because there's something called FAVOUR. What it has taken men years to achieve you will all achieve in a fraction of the time.

I see the aroma of the favour of God oozing from all of you in '08. Where you have been despised you will be CELEBRATED. Where they have said NO because there's something called GRACE that suspends the natural law of man, they will say YES to you.  Nobody can do without water, they will look for you all over because God will supernaturally advertise you.Your talents will make way for you.

I will see all of una at the top as the bottom is getting crowded. You will be lifted, you will be elevated and you will be promoted in Jesus name. _{Do i hear a big shout of AMEN!}

Thank you VERY VERY  VERY much. All of you on this thread have been a MAJOR MAJOR blessing to me. You have been an incredible source of inspiration to me. Keep it up and don't be discouraged

Make i throway  one proverb to round up You know person wey pour water for ground ahead of time must definitely walk on a peaceful land

You will not walk on troubled land!

Seun thank you very much and the fountain of your wisdom will never dry up

Thanks Bro' powerful prayer. God bless you real good.

@toyibanj

compliments , i recognize o. how your side , must be 'sunny' over there !

i was informed by reliable source that Dangote has acquired majority shares in dunlop. i want to confirm whether any body has come across such news.

Dear All[color=#000099][/color]

The forex market is an acronym for the term foreign exchange. It is speculative in nature just like the stock market where you have to buy low and sell high. It differs from the stock market because you deal with two currency pairs at the same time. i.e the simultaneous buying and selling of currencies. For example, you buy the us dollar because you think its economy is strengthening and sell the british pound because you think its economy is doing badly. The foreign exchange covers all economies including the Nigerian naira.
There are a whole lot of tools with which to effectively trade the market. this you have to take time to study, questions like why has the dollar fallen to 117naira are answered when you have these tools and you thoroughly understand them.
To trade the forex you would need to have a domiciliary account with your local bank in order to facilitate transfers between your account and your broker account, then you need to open an account with a trusted broker just like you open an account with a stock broker here in Nigeria. you then need to have a internet connection and a system.
Once you have successfully done all these , you will be on your way to becoming a good trader in the forex market.
It would be more approprait to talk bout it so i can field any questions he may have and first thing open your account here: http://www.marketiva.com/?gid=17054
regards ,
Ben Mulele
Africa ICT and Poverty Eradication Consultant
GSM 08038802022

@Nairalanders

Barka de Salah

Some Salah news that Nitel will be sorted out very soon. Can't say more.

Those with Transcorp shares, my advice to you is "No shaking".
Those without, gradually accumulate now.

Samstone4

windywendy:

@Aktopgun, how the go dey go with baby duties? Make una take plenti plenti care of bambino, because that na our baby of the year for this forum Lots of hugs and kisses to the little one from every one of us here on this forum!.

Oh and did I forget to mention . . . in addition to reading him "one up on wall street" at bedtime, don't forget to buy and read him the book titled "how to be a jack of all trade and master of ALL" _{coming soon to a cinema bookstore near you . . .}

Why do i get the feeling you wrote that book i will be on the lookout! Thanks for the heads up

tochii:

i was informed by reliable source that Dangote has acquired majority shares in dunlop. i want to confirm whether any body has come across such news.

hmnnnn, cant see the connection though

can someone tell dammy watssup with nospectos investment they re causin havoc to some families right now.does any body know if they ll pay these pple b4 december runs out

@FATHEROF2,

I beg to disagree with you as regards which number to write on IPO/PO application forms. The correct number to use is the NUMERIC and not the ALPHANUMERIC as you mentioned in one of your posts to Ololufemi. The NUMERIC is your personal account where the share goes into,while the ALPHANUMERIC is your clearing house number.

Peace.

tonyjon:

@FATHEROF2,

I beg to disagree with you as regards which number to write on IPO/PO application forms. The correct number to use is the NUMERIC and not the ALPHANUMERIC as you mentioned in one of your posts to Ololufemi. The NUMERIC is your personal account where the share goes into,while the ALPHANUMERIC is your clearing house number.

Peace.

Don't do IPO/PO's. Use it for trade alert.
Also have you ever received an E-BONUS advice.
Its clearly written there (ALPHANUMERIC).
In addition have you viewed your portfolio online by logging into CSCS?.
You can only do so by inputing your clearing house number (ALPHANUMERIC).
The two words are just used interchangeably.Some call the clearing house number the "CSCS account number".
The clearing house number is the important number.
IF IN DOUBT,CALL YOUR BROKER ON FRIDAY MORNING._{no go put wrong number for IPO form oh,na me go collect your sharesoh.}

Merry Christmas to everybody.


here is a little book i came across online.


How I Made $2,000,000 in the Stock Market





Nicolas Darvas wrote "How I Made $2,000,000 in the Stock Market" in 1960, shortly after he had made over $2,000,000 trading stocks in a little over 18 months. But the story starts in 1952, when Darvas, a ballroom dancer by profession, acquired his first stock in a Canadian mining company almost inadvertently. He sold it at a profit, and he was hooked. But Darvas knew nothing about the stock market. He learned everything the hard way, and that's what makes this book interesting. Darvas is a colorful, overbearing, but frank character, and he takes us through his quest to figure out how to make money in the stock market step by painful step.

Darvas divides his learning experience into 4 parts. At first he was "The Gambler", acting on tips and impulses. That failed. Then he got serious and became "The Fundamentalist", reading annual reports, listening to analysts, and investing accordingly. That failed. So he became "The Technician", developing his own method of anticipating a rise in stock price, which he called "box theory". He wasn't losing much money, but he wasn't making much either. Finally Darvas devised a method of predicting stock price movement that incorporated all of his hard-learned lessons. He became "The Techno-Fundamentalist". He selected stocks based on earning prospects for their sector, but bought the leaders in their sector only when price movement looked promising according to his box theory.

Nicolas Darvas comes to the same conclusions in "How I Made $2,000,000 in the Stock Market" that many other books on trading or short term investment have for nearly a century. He's a short term investor, not a trader, who advises you to: follow the trend in price movement, buy in pyramid fashion, cut losses quickly, never buy on tips or advice, and never try to sell at the top. He may as well be Gerald Loeb or Bernard Baruch in the 1930s. But a few things make this book interesting: Darvas failed a lot while he went through various investment philosophies that many aspiring investors can identify with. He created his "box theory" from scratch, which yields much the same information as tracking support and resistance on a candlestick chart. Best of all, his story is unusually entertaining. Darvas made most of his money while on a 2-year world tour with his dance act. He received stock information daily by telegram, in code, and communicated his orders to his brokers while on the move. His mysterious cables often aroused suspicions of espionage in foreign telegraph offices. I found the whole thing hilarious.

"How I Made $2,000,000 in the Stock Market" is only 129 pages long. Some additional material is included at the end of the book: Darvas tells the story of his 1959 interview with a "New York Times" reporter. There is a section containing examples, with comments, of the cables Darvas sent from far flung locations around the world. There are candlestick charts for the stocks from which Darvas profited the most. And there is a Q&A section in which Darvas answers the questions most commonly asked by his readers. The paper the book is printed on is super-cheap, and the text isn't centered properly on the pages. Not a quality publication, but it's readable.



Download:
Code:

http://rapidshare.de/files/34587844/E.HIM2MSM.rar.html

ibtc marketwatch 17th december 2007

Thanks EMMAACHILE. For those requesting stocks for next year, the report lists the following as Stocks to Watch.

Dangote Sugar
West African Portland Cement
Nigerian-German Chemicals
Lassaco Insurance
Custodian and Allie insurance
Soverign Trust insurance
Zenith Bank Public Offer

FatherOF2:

Don't do IPO/PO's. Use it for trade alert.
Also have you ever received an E-BONUS advice.
Its clearly written there (ALPHANUMERIC).
In addition have you viewed your portfolio online by logging into CSCS?.
You can only do so by inputing your clearing house number (ALPHANUMERIC).
The two words are just used interchangeably.Some call the clearing house number the "CSCS account number".
The clearing house number is the important number.
IF IN DOUBT,CALL YOUR BROKER ON FRIDAY MORNING._{no go put wrong number for IPO form oh,na me go collect your sharesoh.}

Na waa ooo, It looks like the CHN / CSCS No are used interchangeably. This text was lifted from an article on CSCS website "Clearing House Number/CSCS NO. (eg. C123567AB)"

The names have not been used consistently accross the board hence so much confusion. I believe the correct number to use for IPO/PO's is the all Numeric CSCS number.

Quote from: tonyjon on November 22, 2007, 07:05 PM
Hi Guys,

I believe the misery surrounding the the difference between CSCS# and CLEARING HOUSE NUMBER (CHN) has now been solved.

I got in touch with CSCS office and I was told that for IPO/PO, the number to use is the numeric one which is known as CSCS# and that the alphanumeric is the Clearing house number.

I was also told that if you use the alphanumeric on IPO/PO application form, your shares will NOT be credited to your account;YOU WILL RECEIVE SHARE CERTIFICATE.


Peace.

https://www.nairaland.com/nigeria/topic-93368.0.html


For trade alert, the recommended setup it seems, is to have one CHN number and several CSCS numbers under that CHN number since they monitor CHN numbers.

http://www.nse-cscstradealert.com/FAQ.htm

I have several CSCS account numbers and one Clearing House number, how many times do I subscribe?

Provided you have one Clearing House number, despite your CSC account numbers, you only subscribe once.

I have several CSCS account numbers and several Clearing House numbers, how many times do I subscribe?

Though it is recognized that some clients have two or more Clearing House numbers for reasons best known to them, It is advisable to consolidate accounts into one Clearing House Number because the number of Clearing House Numbers you have would mean the number of times you need to subscribe.

Please I need someone to tell me about the following services for FSDH, UBA and AFRINVEST.
Do they have:
Trade Alert
Online mandate
Commission
Prompt execution: how many days?

Thank you for your replies

@ Father of 2, the correct number to be used in IPO'S is the all numeric number. Even trade alerts are sent to me with the all numeric number. The alpha numeric number is the identification number with which your broker is identified, but if on the other hand your broker tells you to use it, fine we'll see who is right six months down the line.

Hi,

I heard about the National Sports Lottery Shares. Does this Intellectual House have any recommendations as regards the purchase of this shares??

@ Tobaaro, I really have nothing against the NSL shares but I am not buying them for now, reasons; I rarely buy what I dont understand. Istill dont know which people are the core owners, the business profile, the risks, the market for their products etc.

Sometimes I agree you just have to take the plunge and, invest first and ask questions later, but some times you get burned big time. By that time you find out you are on the wrong bus, heading to the wrong direction.

Can somebody break down NSL for us? Is it a good one?

can somebody tell me the year end of vitafoam. thanks

EMMAACHILE:

Please I need someone to tell me about the following services for FSDH, UBA and AFRINVEST.
Do they have:
Trade Alert
Online mandate
Commission
Prompt execution: how many days?

Thank you for your replies

@Emmachile

Trade ALERT- yes , i get my trade alerts in spain
Online mandate- in my case no , the website is going thru changes. I prefer to mail and confirm by phone , dont leave nothing to chance .
Commission - you may be able to adjust based on volumes, methinks this is on a case-by case basis.
Prompt Execution - Same day ,90% of the time. This is their stongest selling point .
Weekly Picks - Afrinvest weekly picks include short term trade recommendations.


Research - they are good , but I THINK fsdh is best of the lot on research.

invisible!:

@ Father of 2, the correct number to be used in IPO'S is the all numeric number. Even trade alerts are sent to me with the all numeric number. The alpha numeric number is the identification number with which your broker is identified, but if on the other hand your broker tells you to use it, fine we'll see who is right six months down the line.

Not interested in going further on this point.
GET CLEAR CONFIRMATION FROM YOUR BROKER ON WHAT YOU SHOULD WRITE/DO ON YOUR IPO FORM_{thats the issue not trade alert} ON FRIDAY.
Whatever he/she advices.Its ok.
End of story.

End of story, agreed.

FatherOF2:

Not interested in going further on this point.
GET CLEAR CONFIRMATION FROM YOUR BROKER ON WHAT YOU SHOULD WRITE/DO ON YOUR IPO FORM_{thats the issue not trade alert} ON FRIDAY.
Whatever he/she advices.Its ok.
End of story.

Have to agree with invisible as well, as the IPO/PO forms ask for the CSCS number and the brokers house name.

@fatherOf2, ololufemi et al,

i have quoted my CHN number (alphanumeric) on all POs i have subscribed to since 2006 and not one has been credited directly to my CSCS account, I have had to wait for the certificates to come before sending them in for verification. i have just started quoting the CSCS no (numeric) and i am waiting to see if it will be any different