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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (12106543 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:40pm On Dec 17 |
GeeKudi:Most people (and media houses) just compare the percent difference between the current year quarterly profits (Q3 2024; N76b) and prior year profits (Q3 2023; N110b), and take their investment decisions based on the 44.7% drop. They hardly take time to go through other details. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:06pm On Dec 17 |
To qualify for the redistribution, I think today is the qualification date? |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:10pm On Dec 17 |
megawealth01:Yes, but it is strange why there is no mention of the ratio. Could it be because they are not yet sure of the possible outcome of the options under consideration? |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 1:14pm On Dec 17 |
mikeapollo:They won't want to make mistakes I Blvd. The ratio should be communicated to all shareholders later. Also, concerning qualification Date, I think someone raised a suggestion of 5days interval but I'm not sure if it's adopted. |
Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 1:15pm On Dec 17 |
But, there is a clue already. The current 42% of common shareholders will increase to about 65%. mikeapollo: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by jp130(m): 1:16pm On Dec 17 |
Qualification date of ? megawealth01: |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:18pm On Dec 17 |
See madness... Una don dey rush my gambles
|
Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 1:20pm On Dec 17 |
yMcy56: It was adopted 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:23pm On Dec 17 |
mikeapollo: They gave a clue |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:23pm On Dec 17 |
GeeKudi: 💯 |
Re: Nigerian Stock Exchange Market Pick Alerts by Health3: 1:23pm On Dec 17 |
Those that joined the crowd to run out of Oando in the morning wil be regretting by now Sometimes it's good to ask questions first before joining others to run. Run first and ask questions later is not always the best option. 3 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:24pm On Dec 17 |
megawealth01: Which portal provides these info on the market? |
Re: Nigerian Stock Exchange Market Pick Alerts by bastardson: 1:24pm On Dec 17 |
I really don’t want Aradel to move yet. I need to stake more |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:25pm On Dec 17 |
Health3: WALE game then ni? 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:26pm On Dec 17 |
mikeapollo:MERITRADE |
Re: Nigerian Stock Exchange Market Pick Alerts by Omooloriredade: 1:27pm On Dec 17 |
What was the amendment to the share distribution that was adopted? Did shareholders opt for cash distribution instead? 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 1:28pm On Dec 17 |
Omooloriredade:I think so...they opted for cash distribution instead ,amount is still unknown |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 1:29pm On Dec 17 |
essentialone1: I once met a man who was retired in 2019, he said he was advised to use 500k from his gratuity to open a stockbroking account. Then use it to buy shares in about 200 stocks, then use another 100k to register a shareholders association. That will keep him busy at retirement and should be able to come home with money after AGM 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:29pm On Dec 17 |
Welcome to a new OANDO according to Oga Wale. It's a new DAWN of prosperity and possibilities 3 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by LAxYMAN: 1:36pm On Dec 17 |
Pls which is a better platform between Afrinvest, Bamboo and trove. I'm trying to use one of thse as my go-to app for dividend investing. Im currently using yoocha for everything |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:38pm On Dec 17 |
megawealth01:Thanks |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:39pm On Dec 17 |
megawealth01: Miracles are not impossible for God! Megawealth and Wale in sync! Incredible |
Re: Nigerian Stock Exchange Market Pick Alerts by Mills55: 1:39pm On Dec 17 |
I said it, after this AGM, either OANDO vomit or it will be vomited. We keep watching. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 1:41pm On Dec 17 |
My people i dont understand this bonus thing (with Oando). can someone please help brake it down. Is bonus being given to every shareholders? 1 Like 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:41pm On Dec 17 |
Princkez:Is this about Oando? If yes, why would shareholders opt for cash payment when the company is struggling with cashflow? Why not bonus shares and then sell the shares for profit? |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 1:42pm On Dec 17 |
mikeapollo: Mega go whyn you no panic |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:45pm On Dec 17 |
megawealth01: Oando hitting N73 already |
Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 1:46pm On Dec 17 |
I am not sure where they got that from. A motion was moved and adopted for five days notification for qualification/distribution of the bonus shares. In the process of reading out the amendment, it was read as "bonus shares or money equivalent", what I consider as mere semantics or legal jagon. mikeapollo: |
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 1:48pm On Dec 17 |
I really understand this OANDO...is it share distribution or cash distribution? |
Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 1:50pm On Dec 17 |
Where did you get cash distribution from? Princkez: |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:50pm On Dec 17 |
designking: Go revise your notes. Oando has hit N73 already. The news about the bonus and other prospects seem to sound good to investors. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 1:53pm On Dec 17 |
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