Good morning,pls i need someone who can help out, my uncle is trying to sell his shares but the challenge is that he doesn't know is CSCS number, what can be done? or is there any stock broker that can help?

X21:
UPDC on full bid
Any idea of what is driving this?

full bid for 3 days
who has information on this

megawealth01:


Keep something in JEGEDE UNITED e get why

Alright senior bros! I am watching it closing

ositadima1:
People have been talking about flour stocks lately, so I thought we might as well look at the past and see what could happen if historical trends were projected onto the future. I know the idea of probability is a hard one for some of us to grasp, but we have no choice—it is what it is.

Looking over the closing prices and daily returns from 2012 to yesterday, the charts below show the likelihood of getting returns for 1 month (25 days), 2 months (50 days), and 3 months (75 days) projections of the three flour stocks.

Let's take the 1-month projection as an example: NNFM has a 16.23% chance of returning 20% or above in the next 25 days. NNFM is more likely to achieve 20% or above, followed by Honeyflour. However, NNFM also has a 10% chance of losing 20% or more.

For those familiar with sports betting, we can also state the probability as decimal odds: NNFM has 6.16 odds (1 divided by probability) of achieving a 20% or greater return in the next 25 days.

Now that you have the prior probabilities, it's up to you to perform your Bayesian updates and bet accordingly.

Wahala for the frequentists

unite4real:
NERC granted electricity mini grid permits to MTN Golden Penny Power and others.

Golden Penny power is owned by Flour Mills Plc. Maybe through this, they will cut down on energy cost in their big manufacturing plants

l saw the headline months back and but there has been no further update in the news

sterlingD:


l saw the headline months back and but there has been no further update in the news

If the news had made it to NGX Corporate disclosure, the bull would have kicked in

Hello
I want to believe that he bought several years back so he does not know his stockbroker and he has a paper certificate.

If so, here's my 2cents:
1. Search for the Registrars of the Equity requesting for the .
2. Send them an email with his name, shareholder number. Also scan the share certificate and attach to the email.
I believe that they should be able to locate his stockbroker.

OR,
1. Let him open a new stockbroking account
2. Send the certificate to the new stockbrokers.
3. They should be able to advice.



PS: Our 'ogas' will give more insight

Bimmms:
Good morning,pls i need someone who can help out, my uncle is trying to sell his shares but the challenge is that he doesn't know is CSCS number, what can be done? or is there any stock broker that can help?

fbnh on full bid.

Who will bail GEREGU people out now Lol

cocolacec:
fbnh on full bid.

Na GTCo release fantastic result, na FBNH dey go on bid
Wetin Musa no go see for this gate

cocolacec:
fbnh on full bid.

Another power tussle in motion?

Agbalowomeri:
Who will bail GEREGU people out now Lol

Let sleeping dogs lay na before wahala go start here by NGX police

megawealth01:


Another power tussle in motion?

Exactly, the best time to sell not to buy because after the fight settle dust a bit, the price will crash.

megawealth01:
Yours truly can't say because I have been keeping it since #0.20
I just hope one day Jegede will start paying dividends

He's actually planning that....
He said this in a press briefings with The Nations on September 11, 2024......and we say AMEN to that....

Link posted here earlier.....

https://thenationonlineng.net/japaul-set-to-unlock-1-6b-gold-bank-amid-recapitalisation/

First bank has been giving us Oando vibes... The daily movement is fantastic but can this price range be sustained?

Do we sell or wait?

Looks like champion is finally waking up.
Edit: maybe not! Volume quite low

megawealth01:
NNPCL Gives Update On Dangote Refinery Petrol Price, Purchase

https://dailypost.ng/2024/09/13/nnpcl-gives-update-on-dangote-refinery-petrol-price-purchase/

I think the marketers don't want to buy direct from Dangote. They want to keep the system of NNPC as the so called only importer (now buyer) so the old ways of making money through bridging, over invoicing etc will continue. I will not be surprised if NNPC now gives out Local Purchase Orders (LPO) to the marketers and favoured persons to be buying from Dangote and supplying to NNPC so that a markup and some form of arbitrage can be created. Trust the cabal to find a way of staying in business.

Sunrisepebble:
Please, someone enlighten me, what does the term "Monkey Hunting" mean?

Monkey Hunting and The Stock Market

Once upon a time, a troop of monkeys lived near a village. The villagers in this village were hardworking and sincere. One day, a rich merchant came to this snoozy village. The curious villagers gathered around to see this stranger. The merchant coming forward pompously declared, “I shall buy these village monkeys for $100 each”. The villagers thought this merchant was crazy and they couldn’t fathom why someone would buy stray monkeys for $100 apiece!

Still, excited at the prospect of making some easy money, few villagers caught some monkeys and gave it to this merchant. To their astonishment, he gave them the $100 as promised for each monkey. This news spread like wildfire, and people started catching these poor monkeys to sell them to this merchant. A few days later, happy with the response he had received, the merchant decided to double the price of each monkey to $200 each. Excited and frenzied, the villagers ran around, days on end to catch the remaining monkeys, and sold them to the merchant for $200 each. The merchant, who by now was mighty pleased with the response, announced, he would now buy the monkeys at $500 each! The villagers lost sleep; they caught the last six or seven remaining monkeys and gave them to the merchant for $500 each and now anxiously waited for his next move. The merchant later came and announced, he was going home for a week and upon his return, would buy more monkeys at $1000 each!

He asked his servants to take care of the monkeys he had bought, then bidding his farewell, left the village for good. Villagers, who by now were rich and accustomed to the easy money, became anxious and sad as there were no monkeys left for them to sell and make more money.
Then one day, the servants of the merchant told some villagers, that they were willing to sell a few of the monkeys at $750 each secretly, before the merchant came back.
This news again became viral and spread like wildfire. Since the merchant was going to buy the monkey’s back at $1000 each, there was more profit to be made.
Villagers pooled in all they had saved so far and even raised more capital to buy the monkeys.
The rich bought monkeys in bulk, the poor borrowed money from others to buy as many as they could afford. They made a queue at the merchant’s house the next day, to get their dear monkeys back. The servants sold all the monkeys at $750 each, within a day.

After the successful sale of Monkey’s to the villagers, the servants too left the village, informing them, they would return with their master and asked them to take good care of their monkeys in their absence. The villagers took excellent care of their monkeys and waited patiently for the merchant to return. Weeks turned into months, but nobody came! It slowly dawned upon the villagers that they had invested all their savings to buy useless stray monkeys at $750 each! The Merchant and his servants were now gone forever with their money and all they were left with were “Big Fat Monkeys”.


This story teaches us a lot about how some big IPO’s and Ponzi schemes work.
The Merchants are the promoters of the company, who list on the stock markets, to attract your capital, in the promise of lucrative returns. Making tall promises, inflating the share price, and creating people frenzy is all part of the scheme.

The servants are the bankers, who sell these company shares to the gullible investors at high prices, and end up trapping them with the promise of high returns. Villagers are you and me, who invest in these companies with the fear of missing out, without actually knowing what the company does, and are purely lured by the offer of high returns and easy money. The Monkeys are the useless stocks that we are left with when the company folds up. They are not even worth their weight on paper. It’s true what they say about the stock market. “ It made many more bankrupt and very few filthy rich, this monkey business”

FLOURMILL
Resumed market on full bid @54.50.......
Waiting for 100k single trade to move +10% up for today.......
FMN effect rubbing on Honeywell...

FBNH
Full bid @29..

JAPAUL
Lots of cross deals ongoing at 2.60....

yMcy56:

He's actually planning that....
He said this in a press briefings with The Nations on September 11, 2024......and we say AMEN to that....

Link posted here earlier.....

https://thenationonlineng.net/japaul-set-to-unlock-1-6b-gold-bank-amid-recapitalisation/

Thanks so much for this link. I no really sabi post link but when japaul start smoking weed now attacks go start just like O and O

No come dey ask me if you can still join then ooooo

DYOR

First Bank never ceases to amaze me ooooo

Despite not paying better dividends yet E wan enter the league of good dividends paying banks

yMcy56:
FLOURMILL
Resumed market on full bid @54.50.......
Waiting for 100k single trade to move +10% up for today.......
FMN effect rubbing on Honeywell...

Was able to cite the contagion effect and picked a few units

UNILEVER. UNILEVER. UNILEVER

Agbalowomeri:


Na GTCo release fantastic result, na FBNH dey go on bid
Wetin Musa no go see for this gate

Abeg What is the highest it has reached this yr.let me know when ote don begin buy again. I can't remember if ever got to #40 this yr

I recommend that everyone follows Cardinal stones equity reports. They published report on Total Energies at the 52wk low of #321.50 in May, with a forecasted 12M target price of ~600, I quietly took position, and have gained +109% on the stock. They're forecasting 1trn in Revenue, #125 EPS (vs #38 in '23) and #82DPS (vs #25 in '23)

megawealth01:
https://nairametrics.com/2024/09/12/total-q3-and-q4-financial-forecasts-key-market-takeaways/

TOTAL Q3 and Q4 financial forecasts: Key market takeaways 

Streetinvestor2:
Abeg What is the highest it has reached this yr.let me know when ote don begin buy again. I can't remember if ever got to #40 this yr

Almost reached 44 in march

Streetinvestor2:
Abeg What is the highest it has reached this yr.let me know when ote don begin buy again. I can't remember if ever got to #40 this yr

It actually hit N43 this March

Agbalowomeri:


Na you go lead us in prayers in hell fire

Chaii, moving from Nigeria to hellfire is like going from man made hell to God made hell.

Agba, don't go from a better hell, to a horrible one

ojeysky:


Almost reached 44 in march

Thanks bro I was not too sure.i thought it was #34

Streetinvestor2:
Thanks bro I was not too sure.i thought it was #34

Actually touched 43.95 in March 19, 2024

veecovee:


Chaii, moving from Nigeria to hellfire is like going from man made hell to God made hell.

Agba, don't go from a better hell, to a horrible one

Thr is nothing like God made hell.Will your own father have contemplated of building fire after giving birth to you and others.Or how many fire have you built for any of your children in future incase they go wrong. If the answer is No.Then the God I serve cannot be wicked to think such.I will advise you key into pastor Abel Damina teachings.
Sorry to all,this place is for making money