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Re: Nigerian Stock Exchange Market Pick Alerts by debeey87(m): 2:12pm On Aug 24, 2017 |
Paints and Coatings Manufacturers Nigeria Plc ? Scheme of Arrangement Dealing Members are hereby notified that Paints and Coatings Manufacturers Nigeria Plc (?Paints and Coatings?? or ?the Company?) has through its Stockbroker; Meristem Securities Limited submitted an application for a Scheme of Arrangement between the Company and holders of its fully paid up ordinary shares of 50k each. The Scheme will lead to the delisting of the entire shares of Paints and Coatings Manufacturers Nigeria Plc from The Daily Official List of The Exchange. This is for your information and records update please. |
Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 2:22pm On Aug 24, 2017 |
The kind bear wen go hit these banks for September no get mate |
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 2:42pm On Aug 24, 2017 |
PETERiCHY: Obviously the market cannot go up forever?? |
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 2:45pm On Aug 24, 2017 |
stocks with new 52 week lows Total #216.80k MRS #33.66k no new 52 week highs 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 2:50pm On Aug 24, 2017 |
UBA Board Declares 20 Kobo Interim Dividend https://www.businesspost.ng/2017/08/24/uba-board-declares-20-kobo-interim-dividend/ |
Re: Nigerian Stock Exchange Market Pick Alerts by vivie01(f): 2:59pm On Aug 24, 2017 |
emmanuelewumi: Mutual fund investors are not at the bottom of the pyramid these days. An annual yield of 15% or more is not small with options to reinvest your dividend and make withdrawal anytime you need your money. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:17pm On Aug 24, 2017 |
vivie01: That should be money market mutual funds, the intelligent and knowledgeable investors who played the money market themselves are smiling home with between 20% to 22%. |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:20pm On Aug 24, 2017 |
I hope Oando faithfuls have heard the latest about the company? |
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 3:31pm On Aug 24, 2017 |
stokfrick: You better appraise and realign your portfolio. On a macro level things are getting better for the economy. By September all things being equal the country should be out of recession, which is a plus for the stock market. Currently I am yet to see bear. Stocks seem to be resting. Who knows there may be a serious take off again. On the other hands bears may come in. Prepare for both. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 3:32pm On Aug 24, 2017 |
emmanuelewumi:What is the latest sir. Is it going to 3¿ I am seriously interested. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:40pm On Aug 24, 2017 |
emmanuelewumi: Pls sir let us know the latest,am heavy in this. |
Re: Nigerian Stock Exchange Market Pick Alerts by vivie01(f): 3:44pm On Aug 24, 2017 |
emmanuelewumi:Yes. MMF. May I ask how its possible for individuals to play it by himself/herself? As for me I dont really have the time to be keeping vigil over such investment. |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 3:45pm On Aug 24, 2017 |
Tritri: brov are you diezani relative heavy on every stock lock-in d resources in every angle even O and o 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:55pm On Aug 24, 2017 |
currentprice: lol...aggressive investment , Are you seeying TOTAL...? |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 4:00pm On Aug 24, 2017 |
Tritri: what is aggressive again when someone already in position of hundred of millions take am easy o |
Re: Nigerian Stock Exchange Market Pick Alerts by cadno(m): 4:03pm On Aug 24, 2017 |
emmanuelewumi:PA Ewumi, pls what is the latest, Ur boy is heavy here too, 50% of my portfolio, since 2015 after Conocco Philip takeover... |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:04pm On Aug 24, 2017 |
currentprice: Are you seeying TOTAL...? |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 4:06pm On Aug 24, 2017 |
Tritri: not Total time yet,,, Nestle even better than Total at currentprice Total time will come but not yet due to their disappointed Q1 and Q2 |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:09pm On Aug 24, 2017 |
cadno: Help ooh...PA Ewumi...we're all heavy here ooh.@cadno U mean since 2015 u never sold oando bros wat ur average cost unit be honest.... |
Re: Nigerian Stock Exchange Market Pick Alerts by cadno(m): 4:24pm On Aug 24, 2017 |
Tritri: I was even averaging down, my average cost now is N16.17k , from N18.97. i went in very heavy at that price just before the Conocco buy |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:30pm On Aug 24, 2017 |
cadno: Bros guess u were praying for a bailout price ...kai...u shd av average down at 4 naira now...anyway take heart , let me console myself because i got in at 8 naira.. |
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 5:16pm On Aug 24, 2017 |
EmmanuelEwumi you're indeed a master of suspense. Please save people's BP and give us the latest on Oando. |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 5:17pm On Aug 24, 2017 |
cadno: Nothing much a Federal High Court in Port Harcourt only ordered the arrest and detention of 3 rigs belonging to Oando because of a small debt that should be less than N20 billion. |
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 5:20pm On Aug 24, 2017 |
emmanuelewumi: thank you for sharing do you have an idea if teh creditors are banks? if so which bank(s) is involve |
Re: Nigerian Stock Exchange Market Pick Alerts by cadno(m): 5:29pm On Aug 24, 2017 |
emmanuelewumi:Now I think this is the best time to really average down, if this news filters into the market, the price might hit sub N3 again. Thanks for sharing Sir |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:32pm On Aug 24, 2017 |
emmanuelewumi: mogbe....Nobody needs to tell me..i dan enter 1 chance...@cadno time for u to average down...i really pity us. Sub 3 ke lai lai...not possible...maybe 5.50 [b]Court orders seizure of Oando’s oil rigs over N4.7bn debt — 24th August 2017 A Federal High Court sitting in Port Harcourt, Rivers State, has ordered the arrest and detention of three crude oil drilling rigs belonging to Oando Energy Services Limited (also known as OES Energy Services Limited) over debts of $15,399,524.84 (equivalent of N4.7 billion) and N14,169,164.80. The arrest and detention order for the three drilling rigs named OES Teamwork, OES Integrity and OES Passion was made by the court’s Vacation Judge, Justice J. K. Omotosho on August 17, 2017. The court order was made consequent upon suit number FHC/PH/CS/102/2017 filed by oil and gas logistics services firm, INTELS Nigeria Limited against the three drilling rigs as 1st to 3rd Defendants; Oando Energy Services Limited, Oando Marketing Plc and Oando Plc as 4th to 6th Defendants respectively. The court ordered the three drilling rigs, moored at the Federal Ocean Terminal (FOT), Onne Port Complex in Onne, Rivers State, to be detained pending the provision of a sufficient and acceptable bank guarantee from either the United Bank for Africa Plc (UBA), Guaranty Trust Bank Plc (GTB), Zenith Bank Plc (ZBN) or First Bank of Nigeria Plc (FBN) by the defendants to cover the debt of $15,399,524.84 and N14,169,164.80. The amount is owed by Oando Energy Services Limited for general port and facilities services provided at the port for the three rigs over an extended period of time. Justice Omotosho fixed further hearing in the matter for August 30, 2017. [/b] |
Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 5:34pm On Aug 24, 2017 |
cadno:http://sunnewsonline.com/court-orders-seizure-of-oandos-oil-rigs-over-n4-7bn-debt/ |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 5:44pm On Aug 24, 2017 |
Tritri: If Intel can go all out to recover the sum of about N5 billion owed them by Oando, I see no reason why our banks are taking the debts they owed with levity. |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 5:51pm On Aug 24, 2017 |
cadno: Please average down, this is the best time to sharpen your cutlass . Please note that if the banks decide to do 25% of what Intel just did to Oando you may still get it at sub N1.50k if can manage to escape the local and international undertakers. |
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 6:02pm On Aug 24, 2017 |
vivie01:This is total kolo, this how SMN own start . As i am here the kolo must go o . We are here for NSEMPA only . |
Re: Nigerian Stock Exchange Market Pick Alerts by soloniger(m): 6:03pm On Aug 24, 2017 |
Chibuking81:and which company is 11 plc? |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:06pm On Aug 24, 2017 |
H vivie01: It depends on the fund at your disposal and the bank you use. Money market instruments include Treasury Bills, commercial papers, fixed deposits, bankers acceptance. Treasury Bills are currently the instrument with the highest return followed by commercial papers. MMF invest in most of the instruments but TB takes about 70% or more of their portfolio. First Bank and Stanbic IBTC accept 100k for TB, while other banks, stockbrokers and Investment bankers accept N1 million and above. But with money market mutual fund you can start with just 5k. |
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