Please can someone out there tell me what is wrong with Sterling Bank. I bought their shares close to a year ago at N7.82 k per unit in the floor of the Nigeria Stock exchange through my stock broker. It however came down to N7.28K few weeks later and since then it has remained like that uptill now. Are they on technical suspension? If yes, how long will it take them come back.? Just in the dark. in the dark. timely response will be appreciated.

Regards

I bought access bank shares four years ago and I did not receive my certificate from them yet,pls guys advice me on what to do

go to their registrar office and complaint, they will be glad to attend to u, maybe there is error in your address cheer

tundebabao:

i am interestded in buying shares but certificates delay is the problem

This is now being taken care of so u don't have to worry.

how is dangote flour solving the preoblem if their over subscritions

Does anyone know when the share certificates of the following banks will be out?

1. Access Bank
2. First Bank
3. BankPHB
4. Fidelity Bank

One has been waiting for quite a while now.

Thanks for your kind response

plsss some one help me out!i ve 5555 units of first inlkand bank shares which v put 4 sales.i dropped my share cert with a broker in mar 2007 and after verifying it ithasnt been sold.ve given the mandate.does it take ths long?

Please i bought G T Bank shares from the primary market in early September.Do i qualify for their Dividend given for their 9 month end in November and if i do, how will they send the Dividend Warrant to me,,is it thru post or thru my stock brokers?Thank u

All investors in the Nigerian Capital Market who have not received their share certificates and return/surplus monies in respect of ALL public offers that closed on or before October 31, 2007 are hereby advised to forward their COMPLAINTS in writing to the DIRECTOR-GENERAL, SECURITIES AND EXCHANGE COMMISSION as indicated below:

SEC Offices Nationwide:
1. HEAD OFFICE
272, Samuel Adesujo Ademulegun Street
Central Business District
P. M. B. 315
Garki – Abuja

2. LAGOS ZONAL OFFICE
3, Idejo Street
Opposite ICON House
Off Adeola Odeku Street
Victorial Island, Lagos

3. PORT HARCOURT ZONAL OFFICE
First Bank Building
22/24, Aba/Port Harcourt Road
BA/PORT HARCOURT ROAD
Port Harcourt, Rivers.

4. KANO ZONAL OFFICE
African Alliance House (4th Floor)
Sani Abacha Way/Airport Road
Opposite KLM Airlines, Kano

IMPORTANT NOTES:
1. Please state your contact details clearly – GSM Telephone numbers, fax and E-mail addresses.
2. Enclose evidence of transactions justifying your claim(s).
3. Ensure that the complaint(s) are clearly marked “NON- RECEIPT OF SHARE CERTIFICATES AND RETURN/SURPLUS MONIES”.
4. Please clearly indicate the public offer you are complaining about.
5. Submission of complaints in respect of this notice shall be open for 14 (fourteen) days from the last week. Any complaint received thereafter shall be treated in as matters in the ordinary course of business of the commission.

Information from SEC and published by Proshare as part of its public service mandate.

Please did anybody get this from Proshare and can they actually enforce this.The person i got Access Bank from who also works with Access Bank said he would bring my Returned money but up till now he hasn't so i assume it is not ready.

All investors in the Nigerian Capital Market who have not received their share certificates and return/surplus monies in respect of ALL public offers that closed on or before October 31, 2007 are hereby advised to forward their COMPLAINTS in writing to the DIRECTOR-GENERAL, SECURITIES AND EXCHANGE COMMISSION as indicated below:

SEC Offices Nationwide:
1. HEAD OFFICE
272, Samuel Adesujo Ademulegun Street
Central Business District
P. M. B. 315
Garki – Abuja

2. LAGOS ZONAL OFFICE
3, Idejo Street
Opposite ICON House
Off Adeola Odeku Street
Victorial Island, Lagos

3. PORT HARCOURT ZONAL OFFICE
First Bank Building
22/24, Aba/Port Harcourt Road
BA/PORT HARCOURT ROAD
Port Harcourt, Rivers.

4. KANO ZONAL OFFICE
African Alliance House (4th Floor)
Sani Abacha Way/Airport Road
Opposite KLM Airlines, Kano

IMPORTANT NOTES:
1. Please state your contact details clearly – GSM Telephone numbers, fax and E-mail addresses.
2. Enclose evidence of transactions justifying your claim(s).
3. Ensure that the complaint(s) are clearly marked “NON- RECEIPT OF SHARE CERTIFICATES AND RETURN/SURPLUS MONIES”.
4. Please clearly indicate the public offer you are complaining about.
5. Submission of complaints in respect of this notice shall be open for 14 (fourteen) days from the last week. Any complaint received thereafter shall be treated in as matters in the ordinary course of business of the commission.

Information from SEC and published by Proshare as part of its public service mandate.

Please did  anybody get this from Proshare and can they actually enforce this.The person i got Access Bank from who also works with Access Bank said he would bring my Returned money but up till now he hasn't so i assume it is not ready.

Does anyone know when the share certificates of the following banks will be out?

1. Access Bank
2. First Bank
3. BankPHB
4. Fidelity Bank

One has been waiting for quite a while now.

Thanks for your kind response

@Germanning First Bank share certificates is out since January, if you haven't receive yours better go to their registrar and complain may be there is error in your contact address. Most pple have got theirs. G/Luck

Good job on this thread.

I need a stock-broker agent: smart, young, and daring - not chicken livered types - should please contact 08060641635 or babatunde.adebisi@*************.com ASAP.

Please contact me like since yesterday.

Long live Nairalanders

Hi All,

I really appreciate your contributions towards educating people on Financial (Stock) world. 

I gave a cheque of about N60,000 to my stock broker to buy equity assurance shares for me from the current market this was when it was still at N3.90k but he didn't do that until two/three weeks later when the price rose up to N5.28k.  I have noticed that my stock brokers always buy higher than the price in the newspapers anytime I gave him money to buy stocks for me.

I just want to know if this is right or is he cheating me or something by buying at higher price

it therefore means that EPS= N 5,000,000/10,000,000 = 50kobo per share.
the PE= N 15/0.5 = 30.

IS THIS THE CORRECT ONE OR

if the market price is 45k and the EPS is 32k the PE ratio will be 45 divided by 32, which will give u 1.41.

THIS

Hello Guys, i am new to stock trading. i want advise on which stock to first purchase. and what to look out for in buying and selling. i want to trade myself.

Also, i want you to have a look at these clothes. just click on the link below. they are made in Nigeria. i just made an order. it's amazing.


http://picasaweb.google.com/zooto.outfits/ZootoOutfits_Web

I am new to stock trading.

Recently, I registered for CSCS but my surname was spelt wrongly in the sms sent to my phone with the Acct. No.

What can I do to change dat? or should I register for another CSCS account?

I need help urgently. Please.

Oceanic has started giving out certs.

Check your postal box or contact your broker.

@ johnnny, all u need to do is to call their attention to the error and they will make necessary correction immediately.

Johnnny:

I am new to stock trading.

Recently, I registered for CSCS but my surname was spelt wrongly in the sms sent to my phone with the Acct. No.

What can I do to change that? or should I register for another CSCS account?

I need help urgently. Please.

hello johny pls let me have your contact,those shirts are lovely
r_nwokolo@hotmail.com
keep up the good work

Stage One
Stage 1 is the stage right after a prolonged downtrend. This stock has been going down but now it is starting to trade sideways forming a base. The sellers who once had the upper hand are now beginning to lose their power because of the buyers starting to get more aggressive. The stock just drifts sideways without a clear trend. Everyone hates this stock!
Stage Two
Finally stocks break out into Stage 2 and begins the uptrend. Oh, the glory of stage 2!! Sometimes I have dreams of stocks in Stage 2! This is where the majority of the money is made in the stock market. But here is the funny thing: No one believes the rally! That’s right, everyone still hates the stock. The fundamentals are bad, the outlook is negative, etc. But professional traders know better. They are accumulating shares and getting ready to dump it off to those getting in late. This sets up stage 3.
Stage Three
Finally, after the glorious advance of stage 2, the stock begins to trade sideways again and starts to "churn". Novice traders are just now getting in! This stage is very similar to stage 1. Buyers and sellers move into equilibrium again and the stock just drifts along. It is now ready to begin the next stage.
Stage Four
This is the dreaded downtrend for those that are long this stock. But, you know what the funny thing is? You guessed it. Nobody believes the downtrend! The fundamentals are probably still very good and everyone still loves this stock. They think the downtrend is just a “correction”. Wrong! They hold and hold and hold, hoping it will reverse back up again. They probably bought at the end of Stage 2 or during Stage 3. Sorry, you lose. Checkmate!
Here is an example:

Stock market stages occur in all time frames on every chart you look at. This could be a five minute chart of Microsoft or a weekly chart of the Dow.
Generally, you want to stay in cash when a stock (or the market itself) is chopping around in a stage one. In stage two you will want to be aggressively focusing on long positions. In stage three you want to be in cash. In stage four you want to be aggressively focusing on short positions

noshaking:

Hi All,

I really appreciate your contributions towards educating people on Financial (Stock) world. 

I gave a cheque of about N60,000 to my stock broker to buy equity assurance shares for me from the current market this was when it was still at N3.90k but he didn't do that until two/three weeks later when the price rose up to N5.28k.  I have noticed that my stock brokers always buy higher than the price in the newspapers anytime I gave him money to buy stocks for me.

I just want to know if this is right or is he cheating me or something by buying at higher price

He is not necessarily cheating you.

Always put a cap (i.e. maximum price you want to pay) when you tell your broker to buy and it is also good to sometimes put time limit.

Call you broker often as well to keep a rapport going on.

ojesymsym
Can u help me in analysing stocks performance using charts?
will be glad if u can help me

thanks, kayodus@yahoo.com

to web master if want to monitor stock market go to www.sec.gov.ng

TRADING STOCK TRENDS
Why You Should Trade Trending Stocks
To consistently make money in the stock market, you only want trade stock trends! But what are the characteristics that make up a trend? I thought you would never ask.
Remember when we talked about stock market stages?
Well Stage 2 is an uptrend that is characterized by a series of higher highs (HH) and higher lows (HL).
Stage 4 is a downtrend that is characterized by a series of lower highs (LH) and lower lows (LL).
This creates a series of peaks and troughs on the chart that you can trade successfully.
Below is the the beautiful anatomy of stock trends:

Can someone please tell me the benefits of registering on the NSE Website access.



What are the kinds of data I would have access to?


What is the charge. I think i saw NGN 15,000 sometime ago.

The website does not tell

Like what the former speakers said, that 50k that you see branded in front of the offer is the listing price of any stock .i.e all stocks have a par value of 50k. Then due to market forces, (demand and supplies) it would now have the value printed on it. Each country has different lising or entry price e.g U.K 25p.
Secondly, companies offer discount to their offer when having a public offer. This is done to attract patronage.

noshaking:

Hi All,

I really appreciate your contributions towards educating people on Financial (Stock) world.

I gave a cheque of about N60,000 to my stock broker to buy equity assurance shares for me from the current market this was when it was still at N3.90k but he didn't do that until two/three weeks later when the price rose up to N5.28k. I have noticed that my stock brokers always buy higher than the price in the newspapers anytime I gave him money to buy stocks for me.

I just want to know if this is right or is he cheating me or something by buying at higher price

Next time, include a price limit when you make your order. i.e tell your broker not to buy at more than Bleep price.

There is already a tread for this discussion. Please let maintain a tread.

can somebody enlight us about this daar communication shares? (AIT , RAY POWER)

Is it a good shares to invest on?

Hi Folks, its been a years since i bought oando,fcmb and oceanic bank at their IPOs, i dont have my certificates. Can you help with addresses of the registrars so i can visit and lodge my complaints or is there any other means of obtaining them.

How good a buy is japaul and cap oil. Please I need your advice on these stocks if its worth buying nw.

Thanks