mercylicious:


Hahahah. If u have any news , please tell us.
Transcorp was on full bid yesterday for reasons not known.

I just happened to know that some money was about to flow in the stock's direction yesterday so I alerted the house. I expect some news.

Godisfaithful:


They are planning to buy the NNPC gas plant http://www.ecofinagency.com/production/0205-34255-nigeria-transcorp-in-talks-with-nnpc-to-purchase-and-revive-abandoned-gas-fields-in-niger-delta
and most of the power project of the federal government will surely align with their projection. And for share reconstruction, i don't think it's coming anytime soon. As i said, Transcorp is meant for trading for now

The issue of reconstruction was supposed to be discussed during the last AGM in Calabar. Im wondering if shareholders approved or rejected it.

Godisfaithful:


This is the best time to play Transcorp if one can see it buy though lol

What is responsible for the movement in transcorp? Are they still planning share reconstruction?

House, what is your opinion about Transcorp?

Follow uncle Tony!

Some stocks are about to shake.
Follow the money!

BMZK:
FBHN ...Hope my eyes are not deceiving me.
Men in black made sure the price came down before taking position.

Oil has crashed again. Sell everything you have and run away from Nigeria to the North Pole.

www.reuters.com/article/idUSKCN0XU020

The cRaYfIsH!

Aks:
FO is a stock to watch out for. Trading below N200, u may look into this direction as a smart and strategic investor

I wish y'all a bautiful day

Good one.

Last week when Nestle was begging for bids at N600:

megainvest:
Has Nestle reached car park yet?

PETERiCHY:


Buy Nestle above N200 at your own peril.

*ThE OcToPuS*

Less than a week later...

gbolah4real:
NESTLE is most definitely a buy today at its current price
profit increased by 163%

sirflav:


NIGERIAN BREWERIES no offer. Bid at N121.68 same thing with NESTLE full bid at N678.32.

Nuff said!

ThE cHaMeLeOn!

angelo82:


You will simply send authorization letter to your registrar to apply existing e-dividend mandates to your new cscs accounts and it will be done.

It depends on the registrar but not First Registrars of today. As I mentioned before, I contacted First Registrars just last week to do exactly what you said and I was told they no longer accept that. I had to fill the new form.

donmarshia:
Guys, if you have an Edividend in place for FBNH shares you bought through broker "A", and then you buy FBNH shares again through broker " B", will the same Edividend mandate be automatically applied to your broker "B" shares without you writing to the registrars, bearing in mind that the shareholder's name is same?

cadno:

Yes

soloniger:
even if itis an unpaid dividend of another stock that you dont have it currently in your portfolio ?

NO!

The answer to the original question is NO, except the CSCS number is the same for both stock brokers but this is hardly ever the case. Each broker will usually open a new account for you if not, there will be confusion. You have to fill an E-Dividend form each time you open a new CSCS Account. The only unique identifier is the CSCS number not your name.
We all know there can be a hundred people who bear the same name with you so how do we tell the difference?

However, if you have an existing e-dividend mandate on a particular CSCS account with a registrar, all dividends from companies managed under that registrar will be paid using the existing mandate. For example assuming you have an e mandate on CSCS account XYZ for GTB shares with Datamax registrars, and you buy Seplat shares a year later on the same CSCS account XYZ you will not need to fill a new form for the Seplat shares.
I am not 100% sure this is the same for all registrars but I believe it should be so.

The current First Registrars e dividend form allows you to fill the different CSCS Account numbers you have from different stock brokers on one form. However, after submitting, if you open another new account, you must fill a new form.
I am making this assertion with full confidence because I contacted first registrars about this last week.

I await the day SEC will introduce something like BVN to link the various CSCS accounts and help solve the complications.

I hope I made common sense. Enjoy your Sunday.

What some of these stockbrokers have not realised is that there is so much potential that is yet to be unlocked in the Nigerian market. The stockbroker who can tap into this potential by strategic marketing, world class service delivery and innovation (eg creative use of online realtime trading) will make huge gains and help move NSE as a whole to the next level. The future of NSE is in the hands of the stockbrokers to a very large extent.

rebekah2011:
http://nse.com.ng/Financial_NewsDocs/13511_SEPLAT_-_Q1_MARCH_2016_ACCOUNTS_FINANCIAL_STATEMENTS_APRIL_2016.pdf

Seplat in reds

South pole here we come!

jp130:
plz wic stocks are nearing their 52wks low currently. can we av som of dem listed here?

ceeteed:

Morning All, Also will appreciate having there 52 weeks high position.

Help yourself by creating a watch-list on [url]portfolio.ft.com[/url] or www.bloomberg.com/markets/watchlist

Intendy:
http://nairametrics.com/latest-diezani-scandal-may-spread-to-more-banks/

we know them already.
people should thread carefully mostly on SAF (this 3 are conspicuous)

Pls name them.

FBNH @ 3.7

.

Are we witnessing a market recovery?
Chibuking's timing seems to be on point. Only time will tell.

Meanwhile, wealth must change hands this year! -----> Straight to my account!

FBNH on last minute bid!

Has Nestle reached car park yet?

gbolah4real:
UCAP going to heaven

UCAP is the Stock of the Year!

.

http://www.nasdaq.com/markets/crude-oil-brent.aspx

Oil recovery trend

EDUECO:
I am in agreement to this assertion below! Making provision for non-performing or bad loans in the banking industry is a way of shortchanging investors and it leads to mediocrity and inefficiency in the banking sector!

Thirded!

Ok so when banks make provisions for non performing loans and for projected asset deterioration, the profits are impacted. What happens when the loans start performing and when the assets re-gain value? Will they make "REPAIRMENT PROFITS"? Anything less than that is a huge scam.

ufotty2001:
we all thought that it is the effect of the results that make u to be silent

Mr. market cannot do me anything. God pass them!!

sheffyUTD:
Please where is megainvest

I'm here. thanks for checking in on me.

I have just taken my greatest financial risk ever! Siddon look mode activated.

mercylicious:
fbn on 7.25%
any news?

It's the leftover bids from Friday.
Until we see the outcome of the board meeting.

I had to throw Fidelity under the bus!

Fhemmmy:


Thanks for your inquiries, we appreciate you . . . . The prices are as follows:
2009 Lexus GX 460 . . . . 8.4M Naira
2010 Lexus GX 460 . . . . 11.5M Naira
Please note that GX 470 stopped in 2007 while GX 460 started in 2009

Check out the pix . . . . .White is the 2009

Thanks. Did u mean the one in the pic is 07 or that GX470 stopped in 09? Because the white in the picture is GX470.