Father I bow down before thee. I thank for you are always with me.

For my loss, I will have restoration in MULTIPLE FOLD.

Princkez:
i think something is fishing in transcorp..

Is it fundamentals?

Justcul:

Is it fundamentals?

bros i really dont know.

Princkez:
i think something is fishing in transcorp..

I think it is the interest from major investors coupled with the fact that they have a lot of receivables. Tony factor could be key here.

PharmAlfred:


I think it is the interest from major investors coupled with the fact that they have a lot of receivables. Tony factor could be key here.

50m bid transcorp

Transcorp about to receive their N200billion from FG.....share price may reach N3.00.....DD applied....

ukay2:
Transcorp about to receive their N200billion from FG.....share price may reach N3.00.....DD applied....

no wonder...u might be right ooo

ukay2:
Transcorp about to receive their N200billion from FG.....share price may reach N3.00.....DD applied....

Hope they manage it well.

we can either swim with d Tide or stay out of the water

dis:
na submarine i de

ukay2:
Transcorp about to receive their N200billion from FG.....share price may reach N3.00.....DD applied....

Rencap placed target price at 1.90k... thats my exit price.

Willie2015:


Rencap placed target price at 1.90k... thats my exit price.

Dont exit and regret....though greedy not good...

Oga Tony will manage this N200billion well.....more money coming into the company from the NEWLY SIGNED BUDGET....

ukay2:
Transcorp about to receive their N200billion from FG.....share price may reach N3.00.....DD applied....

200b naira?? The money big o. If this is true, it could be a major cushion for the company. I think the current fx regime is also favourable given their dollar denominated liabilities.

Mehn, what to buy Don finish o!

FO going back to...

ukay2:



Dont exit and regret....though greedy not good...

Oga Tony will manage this N200billion well.....more money coming into the company from the NEWLY SIGNED BUDGET....

Bros, I'm not sure that info is entirely true. Yes, NBET is disbursing but not clearing all outstanding debts owed. It is a stimulus package. I sincerely hope I'm wrong because I'm loaded here and my mother's prayer prevented me from selling at N1.55 yesterday.

http://leadership.ng/2017/06/08/n701bn-stimulus-10-gencos-get-n12bn-fg-begins-disbursement/

The Nigerian Stock Exchange (NSE) has marked out about 56 dealing-member firms as inactive, kick-starting the revocation of their licences and expulsion from the stock market.

The Nation had earlier reported exclusively the revocation and expulsion of 88 firms in the past five months.

The Nation’s check at the weekend indicated that nearly a quarter of of firms at the Exchange has been marked as inactive, a reference to dealing firms on the watch-list for delisting.

A breakdown of the status of dealing-member firms at the Exchange at the weekend showed that there were 197 active firms and 56 inactive. Already, a total of 163 firms have been expelled since capital market authorities began the weeding.

Under the Exchange rules, where a dealing member is inactive for six months, the Exchange shall revoke its licence.

“Under no circumstances shall a dealing member cease to carry out its day to day business activities for which it was licensed to operate without any reasonable cause,” according to the NSE’ rules.

A dealing member may be deemed inactive voluntarily and involuntarily. Voluntary if the firm has not recorded any trading without suspension by the Exchange or Stock exchange Commission (SEC). Involuntary inactivity occurs where the firm has been suspended by the NSE or SEC for infraction.

However, where a firm has been involuntarily inactive for six months, the Exchange can determine whether to revoke the firm’s dealing licence.

“Where the Exchange revokes a dealing member’s licence, the Exchange shall immediately commence the process of expelling such dealing member,” the rules stipulated.

Also, under the rules, suspension of any stockbroking firm by SEC will lead to immediate suspension by the NSE while revocation of any broker’s registration will lead to expulsion of the firm by the NSE.

“Without prejudice to all the remedies open to the dealing member, where a dealing member is suspended by the Commission, as soon as the Exchange is notified, it shall immediately commence the process of suspension or expulsion of the dealing member.

“Where a Dealing Member’s registration is revoked by the Commission, as soon as the Exchange is notified, it shall immediately commence the process of expulsion of the dealing member,” the rules stated.

The firms marked out as inactive included Adamawa Securities Limited, Aims Asset Management Limited, Arian Capital Management Limited, Bestlink Investment Limited, Bytofel Securities and Investment Limited, Cadington Securities Limited, CEB Securities Limited, Clearview Investments Company Limited, Covenant Securities and Asset Management Limited, Cradle Trust Finance and Securities Limited, ECL Asset Management Limited, Excel Securities Limited, Finbank Securities and Assets Management Limited, Gem Assets Management Limited, GMT Securities and Asset Mangement Limited, Gombe Securities Limited, Horizon Stockbrokers Limited, International Standard Securities Limited, Investment Shark and Asset Mgt Ltd, ITIS Securities Limited, Kakawa Asset Management Limited, LB Securities Limited, Lion Stockbrokers Limited, LMB Stockbrokers Limited, Mact Securities Limited, Mainland Trust Limited, Marimpex Finance and Investment Company Limited, Maven Asset Management Limited, Mercov Securities Limited, Midpoint Capital Limited, ML Securities Limited, Monument Sec and Finance Limited, Mutual Alliance Investment and Securities Limited and Northbridge Investment and Trust Limited.

Others were Options Securities Limited, Partnership Securities Limited, Perfecta Investment and Trust Limited, PML Securities Company Limited, Professional Stockbrokers Limited, Profund Securities Limited, Redasel Investments Limited, Resano Securities Limited, Resort Securities and Trust Limited, Shalom Investment and Financial Services Limited, Stanwal Securities Limited, Summa Guaranty and Trust Company Limited, Supra Commercial Trust Company Limited, Surport Services Limited, Tower Asset Management Limited, Transafrica Financial Services Limited, and UIDC Securities Limited.

http://thenationonlineng.net/stock-exchange-may-expel-56-inactive-firms/

Oando Plc - Supplementary Listing of Ordinary Shares Dealing Members are hereby notified that 396,793,587 ordinary shares of Oando Plc (oando or the Company were today, 13 June 2017 listed on the Daily Official List of The Exchange. This is subsequent to the conclusion of a debt to equity conversion exercise by Oando Plc. With this supplementary listing of 396,793,587 ordinary shares, the total issued and fully paid up shares of the Company has increased from 12,034,618,894 to 12,431,412,481. This is for your information and necessary action please.

The equity price of AIRSERVICE was adjusted today 13th of June 2017 for a dividend of N0.177 as declared by the board of directors. The last close price was N4.70, hence the ex-div price N4.52

Intendy:
The equity price of AIRSERVICE was adjusted today 13th of June 2017 for a dividend of N0.177 as declared by the board of directors. The last close price was N4.70, hence the ex-div price N4.52

thanks always

GT / Zenith
- both finding support at new price levels

FBN
- still shaking of profit takers and looking for new support level

Intendy:
Oando Plc - Supplementary Listing of Ordinary Shares Dealing Members are hereby notified that 396,793,587 ordinary shares of Oando Plc (oando or the Company were today, 13 June 2017 listed on the Daily Official List of The Exchange. This is subsequent to the conclusion of a debt to equity conversion exercise by Oando Plc. With this supplementary listing of 396,793,587 ordinary shares, the total issued and fully paid up shares of the Company has increased from 12,034,618,894 to 12,431,412,481. This is for your information and necessary action please.

Please, was this conversion communicated to shareholders.

Pennybanks
- rejecting their day low on volume
- trading below d day high (and below prev day close )
- looks like a Doji today
- look forwd to friday close for further confirmations

stock with new 52 week lows
The initiates PLC #0.77k
stocks with new 52 week highs
m & b #3.43k
presco #66.15k
transcorp hotel #6.24k
Honeywell #2.27k
contisure #1.40k

Intendy:
http://thenationonlineng.net/stock-exchange-may-expel-56-inactive-firms/

Thank GOD O i know follow .

Intendy:
stock with new 52 week lows

The initiates PLC #0.77k

stocks with new 52 week highs

m & b #3.43k

presco #66.15k

transcorp hotel #6.24k

Honeywell #2.27k

contisure #1.40k

Please what is the reason behind Honeywell movement? The stock has been doing well for the past few days both in volume and price.

BullBearMkt:

...next major resistance is @ 31,078 with minor one close to 30K
This is Wave 1 from the Impulse wave; aint seen anything yet

hello my Ogas @bullbearmkt @fxuser

whats is the next major support and resistance for NSE

In addition which part of the wave are we currently (still in one or the corrective two had begun)

wld appr8 ur response

Willie2015:


I always prefer to send my e-dividend to Registrar so I can follow up. I just completed for all my stocks with First Registrar.

After confirmation of receipt, I mail them to credit all my outstanding old dividend into my account. They replied that this will be done in a couple of days...

dis gtl are thiefs, they said they wount do that ,n dat i need to apply for another warant re issue

robobo:


hello my Ogas @bullbearmkt @fxuser

whats is the next major support and resistance for NSE

In addition which part of the wave are we currently (still in one or the corrective two had begun)

wld appr8 ur response

...next resistance is @ 35,770 & previous support @31,078
We are still in Elliot Wave 1, Impulse wave 3. Expecting Corrective wave 4 anytime soon

Princkez:
i went 2 my bank and filled d e-dividend form,then i got sms from NIBSS confirming d mandate.After some weeks i got old dividends dat i didnt remember.

waow! Firstbank confirmed my signature and asked me to post to registrars. And I've posted twice via post office, to no avail. So i'm just coming back from sterlingbank now, they accepted to do the uploading themselves. Now how long do I expect the SMS?

BullBearMkt:

...next resistance is @ 35,770 & previous support @31,078
We are still in Elliot Wave 1, Impulse wave 3. Expecting Corrective wave 4 anytime soon

thank you boss really appr8