fantasy7800:
Hello everyone,
I am looking to buy stocks in high-growth companies that consistently pay good dividends with a view to generating passive income from the dividends accruable to the purchased shares. I don't intend to trade the shares, just hold them for as long as they provide some income.
Is there any online platform that allows this sort of individual investing without the need to be physically present coz I live in a semi-rural area where I am unlikely to find a brokerage firm.
Any ideas? Any advice?

Morgan Capital
ARM Securities
CSL
Meristem Securities
Greenwich Securities
TRW Stockbrokers
Lead Capital

Is The Second Shale Boom Grinding To A Halt?

oilprice.com/Energy/Crude-Oil/Is-The-Second-Shale-Boom-Grinding-To-A-Halt.html

By Nick Cunningham - Jul 03, 2017, 6:00 PM CDT
Shale operator
There are some early signs that the shale boom is once again coming to a halt, beaten back by another bear market.

The oil rig count declined by 2 last week, the first decline in six months. It is too early to tell whether or not this is a trend – it is one data point, after all – but if the surging rig count starts to flatten out or even decline a bit, it would provide a huge lift to the oil market.


It would also suggest that U.S. shale can’t continue to grow at such a rapid clip with oil prices below $45 per barrel. Shale is often likened as the new “swing producer,” that is, a source of supply that ramps up and down on short notice in order to balance the market. Reasonable people can debate that moniker, but if forthcoming data in the next few weeks shows that shale is slowing down, it would appear that prices in the mid-$40s are the threshold around which shale turns on and off.



(Click to enlarge)

A second piece of data also adds some weight to the notion that U.S. shale could be struggling with oil prices in the $40s. The EIA reported that U.S oil production dipped by 100,000 bpd for the week ending on June 23, the largest weekly decline in over a year.




(Click to enlarge)

More solid evidence comes from the retrospective monthly numbers, which are published with a several month delay but tend to be more accurate. The EIA just reported figures for April, which show U.S. oil production dipping to 9.083 mb/d, down from 9.107 mb/d in March. It was the first monthly decline in output in 2017.
Related: Is The Polish Shale Gas Industry Set For A Comeback?

Again, these are only a few data points, so they do not necessarily prove anything. But if they are the start of a trend – if rig counts flatten out and production starts to fall – it would be a significant development. The EIA has predicted that the U.S. will grow production from the roughly 9.3 million barrels per day (mb/d) currently up to 10 mb/d by next year. That could be a difficult target to meet if the rebound starts to fizzle.

Moreover, a slowdown and perhaps even a decline in production would also dispel the belief that shale can continue to grow at sub-$40 oil prices. A lot of shale companies have boasted about their lower breakeven prices, and some say they can even make money with oil below $30 per barrel. That may be true for individual companies, but not for the industry as a whole. Conventional wells deplete at a rate of around 5 percent annually, and shale wells decline at a much faster rate. Without heavy drilling activity, overall production will fall. We will need more data, but again, that threshold for growth could pivot around the $45 price level.

Of course, slowing production will induce higher prices, which in turn, could provide more breathing room for drillers.

In fact, only two weeks after oil officially entered bear market territory, the market is starting to regain a bit of confidence, which is no doubt influenced by the sudden slowdown in U.S. shale. Hedge funds and other money managers staked out the most bearish position on crude futures in nearly a year, but the most recent data showed that the buildup of short bets slowed to a trickle. The past week of oil price gains could reverse that rush towards a bearish positioning. “That slowdown was the prelude to what should be probably a pretty sizable net change in the position next week,” John Kilduff, partner at Again Capital, told Bloomberg. The liquidation of bullish bets could be “running out of steam,” he said.

That might mean that there is a little more room for oil on the upside. Sharp selloffs can slow things down, setting up the conditions for a tighter market. "Sentiment has turned and I think we should be going up (in price). I don't think it's going to last, but the momentum at the moment is with the bulls," PVM Oil Associates strategist Tamas Varga said in a Reuters interview.
Related: Has Keystone XL Become Obsolete?

Others are in agreement. "You are going to see crude oil inventories globally and domestically begin to decline month after month. That will support crude oil prices, boosting the entire sector," Rob Thummel, managing director for Tortoise Capital Advisors, told CNBC, adding that the “fundamentals are set up for a second-half comeback.”

It is also possible that the latest string of data pointing to a slowdown in the shale patch could be a one-off anomaly. If the rig count and weekly production figures resume their year-long climb, sentiment will quickly turn negative once again. David Leben, director of commodity derivatives at BNP Paribas, told the WSJ that the situation is not dramatically different from two weeks ago. “All the bearish things are kind of still in play,” he said.

By Nick Cunningham of Oilprice.com

BullBearMkt:

...when market is moving, only stocks perceived to be sound by investors will lead. I agree long term FO and ConOil may be good for buy

Conoil closure is between Monday 10 July and Friday 14 July 2017.
When actually is their mark down between 10 and 14?
Does it mean that whom ever that will buy by Monday will not be entitle for their dividend since Monday follow among the date for closing of their register?

The market uptrend reversal on Thursday was driven by positive sentiments for banking stocks, especially the interim dividend paying ones in expectation of better numbers as second quarter earnings reporting season had gradually kicked off. There is also positive sentiment for petroleum stocks and building material making companies from which positive numbers are expected based on the Q1 numbers posted already by players in both sector on the strength of recovery and improving economic fundamentals. Meanwhile, the composite NSE All-Share index crawled 52.46 basis points up to close at 32,354.78 after opening at 32,302.32 points, representing a 0.16% growth on a low volume traded that was lower than previous day trade’s. Similarly, market capitalisation limped N18.08bn up to close at N11.15tr from an opening value of N11.13tr, representing 0.16 % value gained in investors’ portfolios after four day of losses. Price appreciation of high cap stocks like Dangote Cement, Zenith Bank, UBA, Seplat, ETI, Access Bank, 7-Up, Oando, FBNH and Guaranty Trust Bank impacted positively on the All-Share index, boosting its year-to-date return to 20.20%, just as market capitalisation over the same period improved by N1.89tr, representing a 20.40% gain above the year’s opening value. Market breadth for the day was negative as number of decliners outpaced advancers in the ratio of 23:20 on a low volume of trade to halt four day bearish run. Market activities in terms of volume and value were mixed as volume went down by 45.88% to 168.51m shares from previous day’s 311.38m and value was up by 21.93% to N3.63bn compared to the previous day’s N2.79 billion. Transactions in the shares of GTBANK, FBNH, ZENITH BANK, TRANSCORP and LIVESTOCK FEEDS topped the volume chart to close the day’s trade. At the end of the day’s trading, Oando topped the advancers’ log with its share price gaining 4.97% to close at N7.39 each, on market forces; followed by AXA Mansard with 4.91% gain to close at N2.35 per share, on a strong Q2 earnings expectations. On the flipside, May & Baker led the decliners’ log, after dropping 9.40% to close at N3.18 on profit taking by investors, followed by UACN’s 4.95 % to close at N16.50 each also on profit taking.

Niger Insurance PAT Shrinks to N139m in Q1
http://www.businesspost.ng/2017/07/07/niger-insurance-pat-shrinks-n139m-q1/

Eterna Plc Shareholders Approve 30kobo Dividend
http://www.businesspost.ng/2017/07/07/eterna-plc-shareholders-approve-30kobo-dividend/

Akpasomething:
Guru in the house..

5000 units of Zenith Bank bought at the 2004 public offer will have grown to how many units now?

Just discovered mumsy bought shares in 2004 and have not recieved even a dime as dividend.

Is it possible to get all the unclaimed dividends?

How do I go about it?

where u able to sort this out?

Free Registration for
e-Dividend (Extended Deadline)
SEC
The SEC calls for the investing public to take advantage of the on-going free e-dividend registration period.

The Securities and Exchange Commission (SEC) is pleased to notify the investing public that, as part of measures to curb the growth of unclaimed dividend in the Nigerian capital market, all investors are required to register for the payment of their dividends electronically (e-Dividend).

To facilitate the e-Dividend registration exercise, the SEC has provided a platform for all investors to search for their names and ascertain their registration status by clicking the link below;

Unregistered Investors for e-Dividend

All investors, whose name(s) appear, are advised to simply download the registrar’s e-mandate form, fill it, and submit at the nearest branch of their Bank or Registrar to register for the collection of their unclaimed dividends and subsequent dividends electronically, as well as for the proceeds from their secondary market transactions to be credited directly to their preferred Bank Account (Direct Cash Settlement).

Please note the following:
Free E- Dividend Registration has been extended from June 30 2017 to December 31, 2017
The investing public should also be advised that the 31st of December 2017 will mark the end of issuance of physical dividend warrants as all dividends will be paid electronically to your bank accounts.
You will be paid all outstanding dividends up to 12 years within 10 days of mandate approval.
Shareholders account number is not a compulsory field to be filled. Kindly escalate to us if your bank insists on you providing this detail before accepting submission of your form(s). The bank name/branch will be sent to NIBBS and we will follow up to ensure your mandate forms are accepted.
You should get a confirmatory e-mail/text message from your bank within 48 hours of submission that your forms have been duly uploaded to the registrar(s) through the e-DMMS portal.

For further clarification or assistance, please contact us at customerservice@armsecurities.com.ng or call us on +234 (1) 2715000, 0700CALLARM (0700 2255 276).

Thank you,

ARM Securities.

This decline in oil price, there seen to be no good solution to stop it.

BREAKING NEWS: OPEC Considers Capping Oil Output Of Exempt Libya, Nigeria

Oil Price Rally Unwinds As Markets Doubt OPEC’s Intentions

By Tom Kool - Jul 07, 2017, 2:30 PM CDT
Rig
This week’s oil price rally started to unwind on Friday as a result of rising OPEC exports, increasing U.S. shale output and a rising rig count.

I hope this will not seriously affect our oil sector?
Even as Brent oil price fall from $48.11 to $46.71

http://oilprice.com

Dear house, I would love to know how possible it'll be to track a lost shares about 10years now especially with one that involves a change of company name..

Chibuking81:


Conoil closure is between Monday 10 July and Friday 14 July 2017.
When actually is their mark down between 10 and 14?
Does it mean that whom ever that will buy by Monday will not be entitle for their dividend since Monday follow among the date for closing of their register?

Mark down is monday 10 july. Anybody that has not bought by friday july 7 will not qualify for dividend.

Infinitisi:


Morgan Capital
ARM Securities
CSL
Meristem Securities
Greenwich Securities
TRW Stockbrokers
Lead Capital

Thanks.

Any advice on fundamentally sound stocks that I could look to investing for the long term? As I stated earlier, I don't intend to trade them for capital gains, just buy slowly over time and hold for as long as they provide dividends.

fantasy7800:

Thanks.

Any advice on fundamentally sound stocks that I could look to investing for the long term? As I stated earlier, I don't intend to trade them for capital gains, just buy slowly over time and hold for as long as they provide dividends.

Anyone with that mindset will hardly loose in the stock market.

BullBearMkt:

...lol!!!
The logic is that if the high of wave 4 is broken, then we could likely have almost half of wave 3

we patiently wait ! and remain unshaken

locodemy:


Anyone with that mindset will hardly loose in the stock market.

You think so? Not when it comes to NSE. I don't have issues with the guy being long on stocks but he shouldn't think he can just buy and go to sleep. Periodic review and regular diagnosis of health check of hIs portfolio is seriously recommended so that he won't come back here and be telling us stories that touch..

My one cent

For the first time in my trading experience, I am sitting on huge cash in my brokerage account not knowing the JIJO stocks to dive into...Let's see how Monday will look like...Though I am considering FO, FBNH and Oando...Thanks to @bullbearmkt for his TA insight on them...Much love bro!

Coolcash1:


You think so? Not when it comes to NSE. I don't have issues with the guy being long on stocks but he shouldn't think he can just buy and go to sleep. Periodic review and regular diagnosis of health check of hIs portfolio is seriously recommended so that he won't come back here and be telling us stories that touch..

My one cent

after the 2008 crash , we are no way near those highs ! Unlike DOW !
honestly if were to buy and hold , I wud rather buy facebook or amazon or telsa or some tech start up or crypto or dollar sef

Coolcash1:
For the first time in my trading experience, I am sitting on huge cash in my brokerage account not knowing the JIJO stocks to dive into...Let's see how Monday will look like...Though I am considering FO, FBNH and Oando...Thanks to @bullbearmkt for his TA insight on them...Much love bro!

good timing
enuf options

Northern Nigeria Flour Mills Declares FY N16m Loss
http://www.businesspost.ng/2017/07/08/northern-nigeria-flour-mills-declares-fy-n16m-loss/

fxuser:



after the 2008 crash , we are no way near those highs ! Unlike DOW !
honestly if were to buy and hold , I wud rather buy facebook or amazon or telsa or some tech start up or crypto or dollar sef

You are spot on bro...One bitten twice shy...

fxuser:


good timing
enuf options

What are other ones would you suggest...Please "mislead" me...

fxuser:



after the 2008 crash , we are no way near those highs ! Unlike DOW !
honestly if were to buy and hold , I wud rather buy facebook or amazon or telsa or some tech start up or crypto or dollar sef

...that is a solid and well regulated environment. Even at that investors still need to check regularly their stocks quarterly to ensure the company's fundamentals are still intact. Stocks coming out with poor result can easily loose more than 90% of its value in less than a month on DOW due to volatility

Coolcash1:


What are other ones would you suggest...Please "mislead" me...

UCAP.
AFRIPRUD.
Dangflour.
JB.

I rest my case.

NB: Buy right.

Coolcash1:


What are other ones would you suggest...Please "mislead" me...

...AAPL, AMZN, GOOG ati be be lo (market breadth is declining presently, so watch it)

BullBearMkt:

...that is a solid and well regulated environment. Even at that investors still need to check regularly their stocks quarterly to ensure the company's fundamentals are still intact. Stocks coming out with poor result can easily loose more than 90% of its value in less than a month on DOW due to volatility

I still prefer NSE as a learner.
DOW is DILIGENCE ON WINGS....
That is where you find the birth place of sharks...

DeRuggedProf:


I still prefer NSE as a learner.
DOW is DILIGENCE ON WINGS....
That is where you find the birth place of sharks...

...absolutely correct. Any little thing happening around the world affects DOW unlike NSE, but very rewarding only if you are diligent as you stated.

BullBearMkt:

...absolutely correct. Any little thing happening around the world affects DOW unlike NSE, but very rewarding only if you are diligent as you stated.

Even Trump's mood is a technical indicator...
You cant even pause to take a deep breath and remain safe...

DeRuggedProf:


Even Trump's mood is a technical indicator...

...honestly you are correct!!! Check out November till date price moves. Very phenomenon

Coolcash1:


You think so? Not when it comes to NSE. I don't have issues with the guy being long on stocks but he shouldn't think he can just buy and go to sleep. Periodic review and regular diagnosis of health check of hIs portfolio is seriously recommended so that he won't come back here and be telling us stories that touch..

My one cent

You're right. Of course, I don't intend to buy shares and then go to sleep. I would be doing periodic checks on my portfolio to ensure that it doesn't become redundant but my fundamental strategy is to buy and hold for the long term.

locodemy:

Anyone with that mindset will hardly loose in the stock market.

Thanks