been reading psychiatry for a while now so its just topping up thats left. its NSE time now. it comes in cycles and waves and i work by my personal motto of what is worth doing is worth doing well. the learning in both psychiatry and the NSE is a life long process so since i'm going to live long i might as well learn. abi

@AKT

That's a very optimistic, unlike psychiatrists, attitude.

Samstone4

dollarmani:

if you want authoritative source of a result . zenithsecurities and nigeriansecurities is where to look. Those two entities are on a different league of their own. I have noticed that TRW rushes to put out results and therefore have a lot of mistakes. Nigeriansecurities howver because of their focus been on accurate data because they are about tools and the accuracy of their data.

TRW have nothing to loose when they publish inaccurate data. They may be the first. But Nigeriansecurities and zenithsecurities are the most reliable. Infact i have never seen both of them differ on any result

Unfortunately even Zenith is not accurate. At least I have seen some errors from yesterday. Zenith has Transexpr closing at N3.60 instead of N3.80 and to think this is the data I use for Metastock and Aptistock. Na wa o.

The main problem I have with nigeriansecurities is that they don't have all stocks listed on their daily list. As an example, Transexpr is not on their list.

samstone4:

@AKT

That's a very optimistic, unlike psychiatrists, attitude.

Samstone4

I am a psychiatrists and I am very optimistic.Psychiatrists are not generally pessimists.Maybe Oncologists are!

@blueband

thank u jare. no mind samstone. we are optimists or we wouldn't be able to do our jobs really.

back to money making jo.

I received an SMS from Skye Bank earlier today.

Notifying me that the shares PO will close on the 20 of this month.

I don't have much time to go through their Prospectus.

I know they have been doing well @ above average level but is it a good buy?

pumping777:

Unfortunately even Zenith is not accurate. At least I have seen some errors from yesterday. Zenith has Transexpr closing at N3.60 instead of N3.80 and to think this is the data I use for Metastock and Aptistock. Na wa o.

The main problem I have with nigeriansecurities is that they don't have all stocks listed on their daily list. As an example, Transexpr is not on their list.

Pumping777, i beleive you meant N5.60 or N5.80, cos it was just N5.89 on thursday and my broker bought at N6.65 sometime last week(tuesday)
I really agree with you on nigeriansecurities, just this morning i sent them a mail requesting for the addition of Transexpress, i later found out that there were so many stocks not lsted

@samstone4

Did you notice that Hillary won the state of Massachusetts? The 2 seating senators and governor from that state all endorsed Obama. Senator Kennedy has represented the state for more than 30 years! This is one of the most liberal states in America!


yes Massachusetts is a liberal state, but have elected Republicans into Governorship positions many times. Lets watch out today and march 4, it will give a clear picture. UP Obama,

@stanchuks  / pumping777

I noticed the data for Transexpr is available in their analysis, but not on the front end, same for a couple of other stocks.

@ pumping777 , Any idea as to why they are recommending CCNN as a sell, abi na  because I wan buy? .
and I notice the gyrating of NGC on +-10% for quite a while now, any explannation, and yes Transexpr, how true is the rumour about impending PO?.The current price seems too high for me.

@FatherOf2, How bodi, ? Eterna na one kin ride, but I don bail out, na wetin man go buy be the next thing, noted your comments, again 3 Gbosa for you,

This Afribank they vex me,, the thing don fall below PO price , so e don move to LONG term on my portfolio automatically, interesting week ahead.

Enjoy your weekend  

@ Prince11,

If you still have some money left, enter eterna again. The price will continue to rise.

I bailed out early but I have entered again and I have made some reasonable gain already.

Peace.

Massachusetts presented the first black governor, which happens to be a democrat for the first time last year. Against a white woman republican (which would have been first lady governor, if she won), Mass was fed up of republican rule and wanted a change,

Change can still happen - And "Yes we can" vote and hope for a change.

And, back to NSE

tonyjon:

@ Prince11,

If you still have some money left, enter eterna again. The price will continue to rise.

I bailed out early but I have entered again and I have made some reasonable gain already.

Peace.

i concur. looks like eterna still has a bit of a ways to go.

both afroil and eterna are overbought right now though and looks like sentiment driven stuff. both look to continue though its any one's guess for how long. not lkely to tail off in the next 2-3 trading days at least.

Surprise ,

Wonder will never cease, the list is getting longer then,

@tonyjon/aktopgun

Thanks.

@prince11

nigeriansecurities.com are recommending a sell for CCNN cuz of the 168.57 projected PE they have on there.

HELP! i bought 10,000 units of access bank thru my broker and i'm yet to hear a word from them as per my share certificate or returned money (if any). My b.p is starting to rise. can anyone update me on info regarding the offer i.e dispersed certificates or returned money. pls help b4 i end up at uselu due to 2 much thinking. abeg

Samstone4, Gidij, Akpotgun, Stanchucks and other Naija based colleagues in the house, please provide hints on the question below and let's keep praying for Obama's success and protection.

I have a local current account with UBA and I am considering opening a stock broking account with them. My initial thought was that I would be able to use my existing UBA current account to fund my stock broking account. The UBA representative insisted on me opening an NRN account before they can process a stock broking account for me.

Gurus in the house, is this normal or another of UBA's ploy to make me pay double running two different accounts with them? Please every contribution based on previous related experiences, no matter how small, will be appreciated.

emotimi:

Samstone4, Gidij, Akpotgun, Stanchucks and other Naija based colleagues in the house, please provide hints on the question below and let's keep praying for Obama's success and protection.

I have a local current account with UBA and I am considering opening a stock broking account with them. My initial thought was that I would be able to use my existing UBA current account to fund my stock broking account. The UBA representative insisted on me opening an NRN account before they can process a stock broking account for me.

Gurus in the house, is this normal or another of UBA's ploy to make me pay double running two different accounts with them? Please every contribution based on previous related experiences, no matter how small, will be appreciated.

@emotomi
UBA is trying to package the NRN deal with the Stockbroking for Non Resident Nigerians. However, I contacted the Stockbroking directly and they sent me an account number to fund the stockbroking account directly without NRN accounts. More discussions about this on this thread https://www.nairaland.com/nigeria/topic-79353.0.html

who can neglect the powerful voice of CHANGE
the lonely voice is right now,not only a voice to be reckoned with,but a voice to be feard,
how things and times has CHANGED.even our NSE,POCKETS   has CHANGED.
the wind of CHANGE is blowing from every angle,there is nothing HC can do about it.

    OBAMA RULES!!!

@aktopgun

Thanks.

But they will soon be releasing results and I expect a move up North, or am I jus day-dreaming

ALL PRAYERs FOR OBAMA - especially for his safety!!

@emotimi,

If you have a current account with UBA PLC already, you don't have to open another current account. The person that told you to open another current account was just trying to exploit you---he or she wants you to pay more money to UBA PLC.

Do not go through UBA NRN PROGRAM. You can get intouch with UBA STOCKBROKERS direct and tell them that you want to open a brokerage account and that they should send the application form to you via e-mail.

You can get intouch with UBA STOCKBROKERS through this e-mail address: ubastockbrokers@ubagroup.com. You should always stand your ground when dealing with UBA NRN reps.

Hope this help.

Peace.

tonyjon:

@emotimi,

If you have a current account with UBA PLC already, you don't have to open another current account. The person that told you to open another current account was just trying to exploit you---he or she wants you to pay more money to UBA PLC.

Do not go through UBA NRN PROGRAM. You can get intouch with UBA STOCKBROKERS direct and tell them that you want to open a brokerage account and that they should send the application form to you via e-mail.

You can get intouch with UBA STOCKBROKERS through this e-mail address: ubastockbrokers@ubagroup.com. You should always stand your ground when dealing with UBA NRN reps.

Hope this help.

Peace.

The form is actually on their website

I heard from a good source that Wapic is due to go on TS soon, so beware. I heard they were targeting N15 but with the slow trend in its upward move, time may be running against it before its PO is due.

Whaz zenith securities up to these days, they seem to need more hands in handling their mandates and crediting of accounts. They are becoming too slow these days.

4wheel:

I heard from a good source that Wapic is due to go on TS soon, so beware. I heard they were targeting N15 but with the slow trend in its upward move, time may be running against it before its PO is due.

Whaz zenith securities up to these days, they seem to need more hands in handling their mandates and crediting of accounts. They are becoming too slow these days.

You can say this again. I use Lead Capital and UBA. It is the same story. Infact at UBA, you need to get ur relationship manager to flag your mandate or it may not be attended to. It looks like they all are not facing up to the reality that 2008 is going to be mostly a short term market.

@4wheel - with mandates, i think you should complain, But, regarding the crediting of account - i had to beg them to credit my dangote flour peanut money into my account.

@all - please, i cant find the message with the Dangote Flour allotement again - can anyone help?

Please gurus. I have about N12,000. can you please tell me a company I can invest in within the next two to three months? I already have a stock broker and a cscs account. I am thinking of penny stocks. What if UNIVERSAL INSURANCE COMPANY PLC? OR SHOULD I invest in First Bank. I heard they do their AGM abound Sep. and they will likely be giving bonuses, therefore a rise in prise. Please dont mind my ignorance. Just give me a reasonable professional advice. Thanks all.

SavvyLanre:

@4wheel - with mandates, i think you should complain, But, regarding the crediting of account - i had to beg them to credit my dangote flour peanut money into my account.

@all - please, i can't find the message with the Dangote Flour allotement again - can anyone help?

Were you reading my mind?
In fact, it was my Dangote "money-back" I have been telling them to credit since two Mondays ago. I have now decided to escalate it to their MD level. ~600k no be small money! To cap it all, dangote gave me pittance amount of shares.
No more PO for me, 4EVER! I have seen the light

pinokio:

HELP! i bought 10,000 units of access bank through my broker and i'm yet to hear a word from them as per my share certificate or returned money (if any). My b.p is starting to rise. can anyone update me on info regarding the offer i.e dispersed certificates or returned money. please help before i end up at uselu due to 2 much thinking. abeg

cool down, your allocation is officially 8000 units and your return money is just over 29,000 naira. i dont think that's anything to have a high bp for. if it helps, i dont think anybody has received the cert or return money. wema registrar is handling access bank register and they are usually slow in dispatching things

http://www.saharareporters.com/andyubaisout3.php

is this true

looking for info on universal insurance , my broker clled that i can get it @ 2.80k on monday morning and will be creditted to my cscs before the end of the month , should i believe him ?

@ALL
Just an obsevation.
"the old maxim on the NSE was buy low sell higher but i think it has finally changed to " BUY HIGH, SELL HIGHER". ;Dstocks are difficult to get cheaply these days

As a reminder, the following may go on TS soon:

Mutual Benefit
Law Union
Staco
Standard Alliance
Crusader
Niger insurance
and Wapic.

Beware! Don't want you to be like me, still licking my Wema wound.

4wheel:

Were you reading my mind?
In fact, it was my Dangote "money-back" I have been telling them to credit since two Mondays ago. I have now decided to escalate it to their MD level. ~600k no be small money! To cap it all, dangote gave me pittance amount of shares.
No more PO for me, 4EVER! I have seen the light

@4wheel

I am not sure if the Dangote refund can be credited directly into your account, i also received a cheque from Dangote thru my broker and i had to pay it into my account because the cheque was issued in my name and not the brokers.