Good afternoon sir
What is the full meaning of
*NASD* ?
Thanks

emmasoft:


Trading on NASD App
You can't use your cscs details on NGX to trade on NASD.

To trade using the app, first open a NASD csc account with any of the stockbroker that has NASD license, then download the app and while registering on the app, provide your NASD details not NGX details. NASD will contact your stockbroker to confirm your identity, once that is done, you will have access to trade on any NASD stocks, you fund your account directly to the app and do your buy/sell; any trasaction down will be sent to your stockbroker and be captured in your NASD inhouse account with your stockbroker. Trading on NASD is linked with your stockbroker at the backend.
To open a NASD cscs, click the 3rd link on my signature to complete the online registration.
However, immediately you complete the online registration, send a mail with your full name to inform the customer care that your registration is for NASD because the default is NGX cscs or you can contact me to send NASD account opening form to you.

olaide68:
Good afternoon sir
What is the full meaning of
*NASD* ?
Thanks

Nigerian Association of Securities Dealers

designking:
Oando is heading to ₦50 which is a good entry price.

Load up!

yMcy56:
Make una no vex o......but can you guys just take these Naira/PMS discussions to the appropriate thread on NL before the politics guys invade here.

Let's stick to the purpose of this thread pls.
The discussion is becoming unending. Haba!!

Really, there is a connection between the matter discussed and the stock market

olaide68:
Good afternoon sir
What is the full meaning of
*NASD* ?
Thanks

National Association of Securities Dealers.

They are dealers who allow liquidity for unlisted stocks Over The Counter


NASD shares is also available on NASD

Ginalex:
But you said this before , now it's 50 you're looking for. Issokay

How many will honestly admit that they are hunting for monkeys 🐒

bearish market, where we go make money oooo

@Myc please what do you know about the company Geo Fluids? It is listed on NASD. However I found info online that it has been around since about 2006. There was announcement in the press that it was to be listed on NSE (now NGX) in 2012. But I can't find any confirmation that it was actually listed. It is not on the list of delisted companies on the NGX website. I can't find website a website of Geo Fluids.

emmanuelewumi:



National Association of Securities Dealers.

They are dealers who allow liquidity for unlisted stocks Over The Counter


NASD shares is also available on NASD

what is the difference btw companies on NASD and NGX

vacanci:


what is the difference btw companies on NASD and NGX

One provides liquidity for unlisted companies while the other provides liquidity for listed stocks

TsarZed:
bearish market, where we go make money oooo

We are in a bearish market... This may continue till December.

Total FDI was a mere $28million meaning very little foreign investors are investing in Nigeria and it is a signal to more investors to be cautious or pull out their funds.

Tinubu policies are creating more problems in every sector of the economy...

Raider76:
@Myc please what do you know about the company Geo Fluids? It is listed on NASD. However I found info online that it has been around since about 2006. There was announcement in the press that it was to be listed on NSE (now NGX) in 2012. But I can't find any confirmation that it was actually listed. It is not on the list of delisted companies on the NGX website. I can't find website a website of Geo Fluids.

hmmm...geo gini?

designking:

We are in a bearish market... This may continue till December.

Total FDI was a mere $28million meaning very little foreign investors are investing in Nigeria and it is a signal to more investors to be cautious or pull out their funds.

Tinubu policies are creating more problems in every sector of the economy...

Sideways trading, not bears

What is cooking in Royalex

Oando suddenly reversed to +ve. Any news from the court?

Monkey Hunters on oando.

Be wise

Oga/Madam abeg park well...

godlyguy:
Monkey Hunters on oando.

Be wise

designking:

We are in a bearish market... This may continue till December.

Total FDI was a mere $28million meaning very little foreign investors are investing in Nigeria and it is a signal to more investors to be cautious or pull out their funds.

Tinubu policies are creating more problems in every sector of the economy...

Because the market was negative for two days now means people are pulling out their money. Chai..

So market must be positive every time to indicate all is well.

Investing investor weldone..

Nawao GEREGU don drop Q3 2024

https://doclib.ngxgroup.com/Financial_NewsDocs/42309_GEREGU_POWER_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

Princkez:
hmmm...geo gini?

Is it not among those private placement that swallowed investors money?? I remember Pedri too.

MARKET BULLETIN


10 October 2024 NGXREG/IRD/MB73/24/10/10


Transnational Corporation Plc: Suspension in Trading of the Shares of Transnational Corporation Plc

Trading License Holders and the investing public are hereby notified that trading in the shares of Transnational Corporation Plc (Transcorp or the Company) was suspended today, Thursday, 10 October 2024.

The suspension is necessary to prevent trading in the shares of Transcorp to enable the Company’s registrars and CSCS to reconcile their books for the listing of the reconstructed shares on Nigerian Exchange Limited (NGX) pursuant to a share capital reduction embarked upon by the Company.

The suspension is required for the purpose of determining the shareholders who are entitled to receive the reconstructed shares.

This is for your information and necessary action, please.


Obioma Oge,
For: Head, Issuer Regulation Department

Mpeace:
Abeg oh. Is transcorp on technical suspension?
No trade for first 22mins today.

No offer no bid

Krisuba:


Is it not among those private placement that swallowed investors money?? I remember Pedri too.

Please can you elaborate on this issue of Geo Fluids swallowing investors' money?

I saw some buying momentum picking up on it on NASD and intend to do some DD before buying. It is possible the buying momentum is just because it is in the oil and gas sector. People are now buying anything O&G.

Facts Behind the Listing and Closing Gong Ceremony by Aradel Holdings Plc

Ddll:
MARKET BULLETIN


10 October 2024 NGXREG/IRD/MB73/24/10/10


Transnational Corporation Plc: Suspension in Trading of the Shares of Transnational Corporation Plc

Trading License Holders and the investing public are hereby notified that trading in the shares of Transnational Corporation Plc (Transcorp or the Company) was suspended today, Thursday, 10 October 2024.

The suspension is necessary to prevent trading in the shares of Transcorp to enable the Company’s registrars and CSCS to reconcile their books for the listing of the reconstructed shares on Nigerian Exchange Limited (NGX) pursuant to a share capital reduction embarked upon by the Company.

The suspension is required for the purpose of determining the shareholders who are entitled to receive the reconstructed shares.

This is for your information and necessary action, please.


Obioma Oge,
For: Head, Issuer Regulation Department

Thanks alot. Na so dang foods go come, like a thief in the night

sterlingD:
Nawao GEREGU don drop Q3 2024

https://doclib.ngxgroup.com/Financial_NewsDocs/42309_GEREGU_POWER_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

Looks like a forward PE of roughly 80, please correct me if I am wrong




See where dem hide am. Something that should be in the first 5 pages of the report

sterlingD:
Nawao GEREGU don drop Q3 2024

https://doclib.ngxgroup.com/Financial_NewsDocs/42309_GEREGU_POWER_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

Fantastic fantabulous in mr macaroni voice...good results..

What are you finding there. Coincidentally this question dropped at my table yesterday. No info on the stock besides that they did private placement a few years ago. Also doing DD

Raider76:
@Myc please what do you know about the company Geo Fluids? It is listed on NASD. However I found info online that it has been around since about 2006. There was announcement in the press that it was to be listed on NSE (now NGX) in 2012. But I can't find any confirmation that it was actually listed. It is not on the list of delisted companies on the NGX website. I can't find website a website of Geo Fluids.

My work here is done. Hopefully those that followed the signal around 4-5k have made good money. I have no doubt this is a 1k+ stock

Bagwa:
Facts Behind the Listing and Closing Gong Ceremony by Aradel Holdings Plc

stcool:
Those that have missed out on Transcorp...it is well

TOE needs to pump it...funds needed for UBA offering.

Oga stcool, please quick question.
What does it mean when a majority shareholder pumps price for a purpose like this? I know you can't read anyone's mind, but asking because I want to understand the logic behind the assumption that a billionaire investor would influence stock price to raise cash from the market.

Is it to borrow against the new Naira value of their holdings, or to sell (which directly reduces their stake, and might even affect their majority position). My thoughts would be that the interim dividends from UCAP, AFRIPRUD and UBA will go a long way in claiming his rights when issued or that there would be other means. I would understand why an investor like Otedola would pump price, sell and move on to the next one.

crownprince2017:


Fantastic fantabulous in mr macaroni voice...good results..

how is it good compared to the market price?

Book value is around N20. Market price N1,150

PE is around 118 to 120

forward PE should be around 89

OandO. +2.79%
ETERNA. ±

👍🏾

PS: hang around. We'll appreciate future hints on acquisitions et al

Sunrisepebble:
My work here is done. Hopefully those that followed the signal around 4-5k have made good money. I have no doubt this is a 1k+ stock