jarkbauer:
That ATM gallery behind UBA house in marina cost 75million Naira

Who are the contractors? I hope they are not Tony's cronies.

courage89:


They paid 5 kobo last year. It will be nice if they can pay higher dividend. The question is, would their high debt allow them to?

If the 0.06kobo i heard is true,it is not bad looking at where the company is coming back from.i also expect a good Q1result from them this month.

ukay2:



I have sent them twice an acknowledged copy of my CSCS transfer form from my stockbroker,but they are yet to reply me since Thursday.

I needed to talk to somebody that works there

maybe its because today is Friday which is a mini weekend wait till Monday i am sure they will reply cos i recently sent them a mail to update my address and they replied although in my case they said that my signature has not been sent to them by my stockbroker so they can't do anything until i send a banker's confirmation of signature

Experts in the house, what tools/ platform do i need for online real time trading in Nigeria?

Below is a presentation slides of how e-dividend mandate works from SEC. hope it helps
http://www.sec.gov.ng/cmc/wp-content/uploads/2015/07/e-Dividend-Mandate-Management-System-Draft-updated.pdf

dis fide looks like a joker o

Justcul:
Below is a presentation slides of how e-dividend mandate works from SEC. hope it helps
http://www.sec.gov.ng/cmc/wp-content/uploads/2015/07/e-Dividend-Mandate-Management-System-Draft-updated.pdf

Thanks for sharing this

iyb:

registrars@cardinalstone.com
send them an email they reply as soon as possible they will tell you whether they have your signature specimen or better yet just fill out the e dividend payment form and get a banker's confirmation of your signature then send it to them or the new e-dividend system i have been hearing about

After doing all that,you will have to wait for another 6weeks before getting credited/paid. Been waiting for 3 weeks now going to the forth week after filling the e-dividend form, banker's confirmation and a written letter instructing them to credit my account.Rubbish!!!

ukay2:



I have sent them twice an acknowledged copy of my CSCS transfer form from my stockbroker,but they are yet to reply me since Thursday.

I needed to talk to somebody that works there

Sir, i'm sorry for responding to you late. Send another email to them this weekend and if they haven't reply you by Tuesday, April 5th, 2016, i will direct you to whom to talk to. Just be patient with them.

[quote author=Godisfaithful post=44326871]pls I sent u a mail- waiting for response- tnks

Don't worry about failures, worry about the opportunity you miss when you don't even try. Have a blessed weekend and beautiful new week ahead!

[quote author=UD4040 post=44333644][/quote]


Response sent!

Intendy:
http://nse.com.ng/Financial_NewsDocs/13059_MRS_OIL_-_CORPORATE_ACTION_CORPORATE_ACTIONS_APRIL_2016.pdf

110 kobo

@ God is faithful- waiting for another response- tnks

UD4040:
@ God is faithful- waiting for another response- tnks

Response sent!

Manonamission:
http://nse.com.ng/Financial_NewsDocs/13137_OANDO_PLC_-_LATE_FILING_ACCOUNTS_CORPORATE_ACTIONS_APRIL_2016.pdf


"NOTIFICATION ON THE RELEASE OF OANDO PLC’s 2015 AUDITED FINANCIAL
STATEMENTS
The Management of Oando PLC would like to advise our valued shareholders, key stakeholders,
and wider investor community that from available indications we are unlikely to complete our
2015 audit and issue our audited accounts on 31 March, 2016, as required by The NSE Rules
(the Rules).
We have worked diligently with our external auditor, Ernst & Young (“EY”) to ensure a swift
conclusion to the audit process. However, after reviewing the financials, EY indicated that the
Accounts may likely need to be referred to the Financial Reporting Council of Nigeria (“FRC”)
pursuant to Rule 5 of the recently publicised FRC Rules. We expect the process to be concluded
on or before 31 May, 2016, however this is dependent on the completion of the external review
process as referred to above.
The company’s management would also like to bring to the attention of its shareholders and
the investor community that the accounts of the company at FYE 2015 will be in line with its Q3
2015 performance. The expected decline is attributable to the industry’s downturn, prevalent
economic headwinds, as well as fiscal and monetary restrictions driven by a challenging
macro environment.
While we are actively restructuring the business to adapt to this difficult period, we are optimistic
and steadfast in our commitment to return to profitability in 2016.
For further information, please contact:
Ainojie ‘Alex’ Irune
Head Corporate Communications
T: +234(1)4484500 Ext 6270
E: airune@oandoplc.com
Yours sincerely,
For: Oando PLC
Ayotola Jagun
Chief Compliance Officer & Company Secretary"

I suspect Oando management of trickery. They are suddenly acting all honest and sincere.

There OER business posted a profit which was not expected. The stock rallies, and they immediately come out to tell us that we should not be carried away. " That full year will be in line with Quarter 3.

Alright, but then this press release came in around 1:30pm, on Friday, yet the bids didn't reduce neither did the offer really increase as the stock still closed on its possible highest for the day.

So its either that the news was not perceived as bad by players, or it is already fully factored in the price or the market was yet to hear the news as at Friday or the current good news pushing the stock is stronger than the supposed bad news.

All the same, let's wait till Monday to see.

I have shares of Oando though, and I am currently sitting on a 9.8% paper gain which I don't intend to lose.

Godisfaithful:



Sir, i'm sorry for responding to you late. Send another email to them this weekend and if they haven't reply you by Tuesday, April 5th, 2016, i will direct you to whom to talk to. Just be patient with them.

OK. Thanks. I have Don that...

'' Let the market inform one's opinion and avoid imposing one's opinion upon the market. Being open minded is a "MUST" quality for a trader. '' -‏
@PeterLBrandt

http://www.dailymail.co.uk/news/article-3519536/Saudi-Arabia-planning-end-oil-age-creating-2-TRILLION-investment-fund-big-buy-Google-Apple-Microsoft.html?ito=whatsapp_share_mobile-top

Saudi Arabia is preparing for the end of the oil age by creating a $2trillion investment fund which is set to be ‘the largest on Earth’.

The Public Investment Fund (PIF) established by the kingdom’s second-in-line to the throne will eventually be large enough to buy Google, Apple and Microsoft with money to spare.

Deputy Crown Prince Mohammed bin Salman, who oversees the fund, claims that the initial public offering could happen as soon as next year.

It comes as Saudi Arabia, the world’s biggest crude exporter, insists that it will only freeze its oil output if other key producers, including Iran, take a similar measure.

‘What is left now is to diversify investments,’ the 30-year-old prince told Bloomberg, during an interview from the royal compound in the kingdom’s capital, Riyadh.

‘So within 20 years, we will be an economy or state that doesn’t depend mainly on oil.’

It is nearly 80 years since the first oil was discovered in Saudi Arabia but, with crude prices plummeting worldwide, the nation plans to shake its dependence on the market.

One of the first steps will be for Saudi Arabia to sell shares in Aramco’s parent company, which will transform the oil giant into an 'industrial conglomerate'.

Here we are while some old fart brains are still looking for ways to siphon the remaining national treasury under the disguise of NORTH-EAST OIL EXPLORATION

Only the NSE makes me look forward to Mondays.

ExLaidback:
Only the NSE makes me look forward to Mondays.

Better do a research and look for a better venture, because NSE is going to the dustbin. Thank me later.

*ThE OcToPuS*

I would really like to trade Nigerian stocks but the more I look the less I see. Damn slow, payment structure and stuff.
Are there manipulations? From some of what I read there might a possibility. Forex seems safer, but stocks should be. Hmm...
If anyone could clarify how it works I would appreciate it.

PETERiCHY:


Better do a research and look for a better venture, because NSE is going to the dustbin. Thank me later.

*ThE OcToPuS*

Abeg carry your wahala dey go.

The only thing I'll regret right now or whenever it goes to the 'dustbin' as you claim is not having deep enough pockets.

Only a war which tears apart a country (God forbid) can call for the kind of caution you preach.

Cheers and happy Sunday

Good day please my name Kingsley am from Imo state i need to start buying share but i dnt know how please can someone help me here is my whatsapp number 07039769378 i mean any broker in Imo state to help me

I think this OCTOPUS is interested in more downturn in NSE so he can go in with his stockpile of cash to buy it all up

@b2berich, feelamong, stockbull and all the ppl DT commented on page 1, please edit your post.
Help us summarise stock trading and answer most frequently asked questions by newbies.
That way, we can always refer them to page 1.

Page 1 will help them have grasp b4 they now read from 2 to end.

georgesylva:
I would really like to trade Nigerian stocks but the more I look the less I see. Damn slow, payment structure and stuff.
Are there manipulations? From some of what I read there might a possibility. Forex seems safer, but stocks should be. Hmm...
If anyone could clarify how it works I would appreciate it.

How it works is to buy sheep and sell deer....................
Or buy good, quality stocks, and wait for dividend.
Under most market conditions, there're stocks going down and others going up;
people losing money and others making it.
What we're all trying to do here-and many are succeeding-is to be in the later group most times.

PETERiCHY:
http://www.zerohedge.com/news/2016-04-02/production-freeze-narrative-collapses-two-days-russian-oil-output-hits-new-post-sovi

clearly that's the end to that short rally , we just saw the top end

georgesylva:
I would really like to trade Nigerian stocks but the more I look the less I see. Damn slow, payment structure and stuff.
Are there manipulations? From some of what I read there might a possibility. Forex seems safer, but stocks should be. Hmm...
If anyone could clarify how it works I would appreciate it.

If you feel safer with forex and you know how to trade them well why not stay with what you understand.