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Nigerian Stock Exchange Market Pick Alerts - Investment (1196) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 7:09am On Dec 02, 2015
[quote author=Intendy post=40600301]http://www.thisdaylive.com/articles/access-bank-shut-as-enraged-customer-begins-execution-of-n636m-credit-judgment/226828/ .
Christopher Isiguzo in Enugu
Banking activities were on Tuesday grounded at
all the branches of Access Bank within Enugu
state as F. G. Onyenewe Motors Nigeria began
the execution of a N636 million credit judgment
it obtained against the bank.
It was gathered that the legal tussle, which
lasted several years, ended at the Supreme Court
in April this year, with the ruling in favour of the
transport company.
Some newsmen who monitored the execution
observed that the court officials carried the
bank's properties, including computers and
vehicles while the gates were shut against
customers.
The exercise, which began at the bank's regional
headquarters at the Garden Avenue in Enugu,
was also carried out at the Ogui Road branch.
Hundreds of customers ran from one branch of
the bank to another in order to make panic
withdrawals but it was not possible as banking
activities were suspended.
Lawyers to the judgment creditor, court bailiffs
and a unit of policemen from Enugu State Police
Command enforced the judgment against the
bank, which drew hundreds of passersby to the
scene.
Speaking to journalists at the Ogui Road branch
of the bank, counsel to the plaintiff, Barr. Tagbo
Ike, said it was evident that the bank was not
financially viable to pay the judgment debt.) this news might affect access bank share today.
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 7:26am On Dec 02, 2015
Thanks myjoy and Angelo...

This e-dividend mandate system,

1.does it mean share transform form from registrars will not be needed by my bank?

3.. Doest it also cover for e-bonuses mandates...?

4. How long will my registrars be notify about my e-dividend mandate from my bank?

Thanks for your answers...

I will go to my bank for enquiry about this e-dividend mandate system..

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Youngzedd(m): 8:00am On Dec 02, 2015
Access Bank grin
Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 8:45am On Dec 02, 2015
Re: Nigerian Stock Exchange Market Pick Alerts by jamace(m): 11:35am On Dec 02, 2015
Hmn.
Re: Nigerian Stock Exchange Market Pick Alerts by hotcake: 11:38am On Dec 02, 2015
Please I need help. I have problem with itrade. I cannot scroll up or down on the market view. Is my problem from my browser or from Morgan? If it is from my browser, what other browser can I try on android tablet?
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 11:57am On Dec 02, 2015
cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 12:11pm On Dec 02, 2015
ukay2:
Thanks myjoy and Angelo...

This e-dividend mandate system,

1.does it mean share transform form from registrars will not be needed by my bank?

3.. Doest it also cover for e-bonuses mandates...?

4. How long will my registrars be notify about my e-dividend mandate from my bank?

Thanks for your answers...

I will go to my bank for enquiry about this e-dividend mandate system..


I went to my bank(Stanbic)this morning and I was told they have not gotten any information on e-dividend mandate forms portal system, except I give them my registrars mandate form for them to endorse and I will take it back to my various registrars.....

Has any one done this new SEC e-dividend mandate form via banks

Cc: my joy, angelo08, Elai etc
Re: Nigerian Stock Exchange Market Pick Alerts by myjoy084: 12:31pm On Dec 02, 2015
ukay2:



I went to my bank(Stanbic)this morning and I was told they have not gotten any information on e-dividend mandate forms portal system, except I give them my registrars mandate form for them to endorse and I will take it back to my various registrars.....

Has any one done this new SEC e-dividend mandate form via banks

Cc: my joy, angelo08, Elai etc

Sir, you can wait for your bank to get it done for you or visit another bank (If you have another one) without going through different requirements from your different brokers. The e-dividend mandate doesn't takes much time the moment they process it and upload it to the e-DMMS portal. Your brokers will surely see it and the bank will verify what needs to be verify. Everything is done online via the portal! These will saves you time and money!
Re: Nigerian Stock Exchange Market Pick Alerts by myjoy084: 12:33pm On Dec 02, 2015
EDUECO:
Sir,can this e-DMMS registration be done in 2 or 3 bank accounts with different banks? Is it also okay to use more than 2 or 3 bank accounts for e-dividend?




Sir, you only need one bank to process it and upload it for you. No need to do it 2 or 3 times unless there is a little setback or error when processing or uploading the form into the portal system.
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 12:35pm On Dec 02, 2015
myjoy084:


Sir, you can wait for your bank to get it done for you or visit another bank (If you have another one) without going through different requirements from your different brokers. The e-dividend mandate doesn't takes much time the moment they process it and upload it to the e-DMMS portal. Your brokers will surely see it and the bank will verify what needs to be verify. Everything is done online via the portal! This will saves you time and money!


If you already have one account registered with a registrar and you want to change it to another one,can you upload the new account via your bank as well?.........................
Re: Nigerian Stock Exchange Market Pick Alerts by myjoy084: 12:37pm On Dec 02, 2015
angelo82:



If you already have one account registered with a registrar and you want to change it to another one,can you upload the new account via your bank as well?.........................

Absolutely yes sir. The bank only needs your BVN and the name of those registrars. Your registrar might give you a call to confirm if you will like to change your bank mandate? Or they will just update your bank mandate via the portal with the new one submitted.
Re: Nigerian Stock Exchange Market Pick Alerts by sirflav: 12:38pm On Dec 02, 2015
Elai147:


Different strokes for different folks. As far as I’m concerned, it will depend on what the chart is telling you at that particular period. However, you bet a lot of people will sell @4.50 since there was a previous resistance around that price. If the bull is strong enough you could sell above N5. If you're a short term investor I advise you to study Technical Analysis very well so that you can know when to buy and when to sell instead of guessing and selling because others are selling.
Thank you so much SIR
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 12:40pm On Dec 02, 2015
myjoy084:


Absolutely yes sir. The bank only needs your BVN and the name of those registrars. Your registrar might give you a call to confirm if you will like to change your bank mandate? Or they will just update your bank mandate via the portal with the new one submitted.

Ok,thanks..................
Re: Nigerian Stock Exchange Market Pick Alerts by sirflav: 12:42pm On Dec 02, 2015
Raider76:


I lost so much money setting price targets and waiting for them to be attained. And at least this year I learn not to wait for anticipated bulls...
Thnak you SIR. what motivates your investing in nse?
Re: Nigerian Stock Exchange Market Pick Alerts by sirflav: 12:48pm On Dec 02, 2015
myjoy084:


Sirs, no one can predict the direction of stock market. I will just advice you to stick to what works best for you. If you want to look into stocks for 2016 positioning...U can take some look on these stocks ACCESS, UBA, FCMB, UACN, DangoteSuGar, LafargeAfrica, UCap, & Zenith! Goodluck!

Yes SIR i am in some of those stocks you menttioned but my question was pertaining to a scenario similar to the bull of august this year. UBA stopped at 4.50 meaning there was a general consensus amongst investors that that should be the price reached. so if there was suddenly a bull in NSE like in August from the price of uba now i am trying to get the feeling of investors to know what price they would expect it to reach?

Messrs Elia and Angelo think march, april will be the bull and feel above N5

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 12:51pm On Dec 02, 2015
Shouldn't you be concern more about market stability first?.........................
Re: Nigerian Stock Exchange Market Pick Alerts by sirflav: 12:52pm On Dec 02, 2015
Chibuking81:
10% gain is not bad, to avoid what happened to FBNH faithful last Monday.

SIR I think FBNH was a small personal bull, i am referring to a big NSE bull that will carry most of the stocks. Where do you think UBA will reach?

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by myjoy084: 12:54pm On Dec 02, 2015
sirflav:


Yes SIR i am in some of those stocks you menttioned but my question was pertaining to a scenario similar to the bull of august this year. UBA stopped at 4.50 meaning there was a general consensus amongst investors that that should be the price reached. so if there was suddenly a bull in NSE like in August from the price of uba now i am trying to get the feeling of investors to know what price they would expect it to reach?

Messrs Elia and Angelo think march, april will be the bull and feel above N5

Sir, i will advise you to hold-on to what works best for you. A little drop of water and a grain of sand makes a mighty ocean. The only thing i will say concerning your question is that the anticipated year 2016 will be better than 2015 for stock market and our country, Nigeria. Everything by the grace of almighty God!

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 1:39pm On Dec 02, 2015
That match between the lazy Elephant and ACCESS is TIED!
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 2:05pm On Dec 02, 2015
grin
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 2:06pm On Dec 02, 2015
Raider76:
That match between the lazy Elephant and ACCESS is TIED!

grin Fbnh from N17 + to 4.91..lazy indeed
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 2:17pm On Dec 02, 2015
The sell off that elephant withstand,I don't think Access can stand it........................That elephant has many loads and i just hope it can move forward soon...........Na wa for this NSE,no more short term movements for profit taking.....................
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 2:26pm On Dec 02, 2015
Officially,there is serious economic crisis in Nigeria.................

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 2:27pm On Dec 02, 2015
angelo82:
Officially,there is serious economic crisis in Nigeria.................


Hmm , any hope for NSE next yr sir
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 2:36pm On Dec 02, 2015
lancee:



Hmm , any hope for NSE next yr sir

We are at the bottom............Any movement should be upward but I just don't trust the intelligence of new administration............They seems to have poor leadership style....................By God's grace,I hope the new year will usher new era of bullish trading..........Though I don't see NSE closing +ve this year just like in 2008.................All active players have turned their back to Buhari...................

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 2:44pm On Dec 02, 2015
angelo82:


We are at the bottom............Any movement should be upward but I just don't trust the intelligence of new administration............They seems to have poor leadership style....................By God's grace,I hope the new year will usher new era of bullish trading..........Though I don't see NSE closing +ve this year just like in 2008.................All active players have turned their back to Buhari...................


Hopefully next yr will be a good yr for those that have laboured ..what a yr on NSE

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by myjoy084: 2:54pm On Dec 02, 2015
angelo82:


We are at the bottom............Any movement should be upward but I just don't trust the intelligence of new administration............They seems to have poor leadership style....................By God's grace,I hope the new year will usher new era of bullish trading..........Though I don't see NSE closing +ve this year just like in 2008.................All active players have turned their back to Buhari...................

Sir, they might have turn their back on him but they should realize that "One can't build a house on a foundation that had already rotten and tarnished in terms of the materials used"! This is applicable to Nigeria at the moment. There's a strong possibility that things will turn around for best as we approach 2016 by his grace. Remember, in business there is no permanent enemy but permanent interest! They are coming back for sure...

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 3:12pm On Dec 02, 2015
myjoy084:


Sir, they might have turn their back on him but they should realize that "One can't build a house on a foundation that had already rotten and tarnished in terms of the materials used"! This is applicable to Nigeria at the moment. There's a strong possibility that things will turn around for best as we approach 2016 by his grace. Remember, in business there is no permanent enemy but permanent interest! They are coming back for sure...

I think angelo has other convictions behind his strong words against PMB government. Such convictions are not subject to reasoning and are not easily changeable.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 3:49pm On Dec 02, 2015
myjoy084:


Sir, they might have turn their back on him but they should realize that "One can't build a house on a foundation that had already rotten and tarnished in terms of the materials used"! This is applicable to Nigeria at the moment. There's a strong possibility that things will turn around for best as we approach 2016 by his grace. Remember, in business there is no permanent enemy but permanent interest! They are coming back for sure...

I hope so....................
Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 5:24pm On Dec 02, 2015
Access and UBA are still finding it difficult to beat the lazy elephant.
Re: Nigerian Stock Exchange Market Pick Alerts by myjoy084: 7:54pm On Dec 02, 2015

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