Investnow2017:
This thread is unforgivingly bearish! Where are all our..........gugurus Good time to take position in fundamentally sound stocks. What a welcome relief from the Bulls madness

Sellers everywhere, no buyer

I feel fcmb is set for a rally.

Have a different view?

Vetiva laugh

I bought some first bank shares for someone in 2008, soon after that (2010) the person travelled abroad and of course no communication with the man since then. He called me during the weekend to find out if he can sell the shares, but the problem I have now is that I cannot even remember the particular stock broking house I used in buying it. I search the e-dividend platform and actually see that he still have those shares but could not see how many units he is holding. I have contacted 2 different stock broking houses I thought I used then, but to no avail.

Please can someone tell me the easiest way to know the particular stock broking house in which the shares are and how do I know the units he is holding?

kolaish:
I bought some first bank shares for someone in 2008, soon after that (2010) the person travelled abroad and of course no communication with the man since then. He called me during the weekend to find out if he can sell the shares, but the problem I have now is that I cannot even remember the particular stock broking house I used in buying it. I search the e-dividend platform and actually see that he still have those shares but could not see how many units he is holding. I have contacted 2 different stock broking houses I thought I used then, but to no avail.

Please can someone tell me the easiest way to know the particular stock broking house in which the shares are and how do I know the units he is holding?

Have you tried going to the CSCS with the investor's details and evidence of purchase to indicate possible Firms the account is domiciled?

Ekpoma25:


Have you tried going to the CSCS with the investor's details and evidence of purchase to indicate possible Firms the account is domiciled?

Not really. I am thinking CSCS may likely not attend to me because I am not the original owner of the stocks. In addition, I have misplaced all documents in respect of the purchase.

Wall Street is falling!!!!!
#DJIA_NASDAQ_SP500_Blood_on_the_street#

Jejebaba:
Wall Street is falling!!!!!
#DJIA_NASDAQ_SP500_Blood_on_the_street#

After the reggae play the blues....some of us saw it coming...

Jejebaba:
Wall Street is falling!!!!!
#DJIA_NASDAQ_SP500_Blood_on_the_street#

It is only a sustained or rise in crude oil price that can save the NSE from not joining the red.

I don't know if RabbiDoracle have extra mattress for me to come and borrow one.

Wahala everywhere...will it get to NSE? This is why sometimes long term outlook and MMF help some SWAN!

Another take on bitcoin - from seeking alpha:

Amid fears of running up huge losses, Lloyds is barring its credit card customers from buying bitcoin and other cryptocurrencies. It follows similar moves by U.S. rivals JPMorgan, Bank of America and Citigroup, which all announced similar bans on crypto purchases via credit cards on Friday. Worries over a global regulatory clampdown led bitcoin - which is still trading below $8,000 - last week to record its biggest weekly loss since December 2013.

Coolcash1:
Your ability to think and act independently, carry out research and seperate relevant information from noise are what you need to excel in the stock market...

#newbies take note

Lessons from the gurus of Wall Street

Coolcash1:
Your ability to think and act independently, carry out research and seperate relevant information from noise are what you need to excel in the stock market...

#newbies take note

True talk Bro! May add after the research don't be too scared to feel the pulse of friends and colleagues even if they buy before you, don't worry for the sky is big enough for all the birds to fly. Patience pays most times.

Crude Oil below $68.

Ohok.

Una sha wan force this 10th year anniversary

Afriprud looks set to break out of 5 naira tomorrow, sellers may however resist this move and send the stock on full offer. New entrants should beware while existing holders should just relax and avoid panic selling.

RECOMMENDATION

Fidson Healthcare Plc (FIDSON)
❖ The company’s most recent results have been impressive, with the 9M2017 financial scorecard revealing significant growths of 127.58% and 789.98%, in top-line and bottom line apiece.
❖ While we attribute the healthy growths in revenue and net income largely to the base effect of 2016, the company’s increase in production capacity, introduction of new product lines as well as its enhanced route-to-market strategies have contributed to the company’s remarkable performance in recent times. Moreover, increased FX liquidity as a result of the introduction of the Investors and Exporters (I & E) window has improved the firm’s ability to source for foreign exchange to import drugs and packaging materials.
❖ Despite being the cost-leaders of the industry with a historical average cost-to-sale of 45%, the company recorded a slight uptick in 9M2017, settling the cost-to-sales ratio for the period at 49.30%. Given the new realities of the cost environment, it is however expected that the company’s cost-to-sales ratio should inch up further to settle between 50-52%.
❖ FIDSON’s new biotech facility which was launched in June 2016 is set to buoy growth for the company going forward. The factory which is vying for the WHO certification of Good Manufacturing Practice (cGMP) was constructed in compliance the high-quality standards laid down by the international health regulator. This factory which has been dubbed ‘the largest of its kind Africa’, offers three times the capacity of the company’s previous facility.
❖ Following the launch of the facility was the introduction of a new product line, the intravenous fluids line. Demand for this new line, which is expected to contribute about 10-15% to the company’s revenue, currently outweighs supply according to management. This has prompted the company to plan towards a further expansion of the factory to boost its production capacity.
❖ Following our analysis of the company and its most recent performance, we posit that FIDSON is well-positioned to realize significant growth in the near to medium term. We projected a FY2018 Profit-After-Tax of NGN1.09bn, which translates to a forecast EPS of NGN0.73, and projected a target PE of 6.00x for the period. Consequently, we arrived at a FY2018 target price of NGN6.66, which represents an upside potential of 41.40%, based on the closing price of NGN4.71 on the 2nd February 2018.

kolaish:
Not really. I am thinking CSCS may likely not attend to me because I am not the original owner of the stocks. In addition, I have misplaced all documents in respect of the purchase.

Give it a shot. Try CSCS.

Agbalowomeri:
Una sha wan force this 10th year anniversary

Wouldn't you prefer to buy Access Bank shares at below ₦5.00?

mendes911:


Wouldn't you prefer to buy Access Bank shares at below ₦5.00?

What happens to people that bought at N12.95

FLASH: Two top bank chairmen and billionaires, Oba Otudeko and Tony Elumelu @TonyElumeluFDN have insider bank debt/loan exposure to Nigerian banks of N120billion for Elumelu and N90billion for Otudeko according to @cenbank sources https:///VphUe3Eubd

The world markets is begining to bounce back with a few indices like the NASDAQ 100, NIKKEI 225 and DAX already back in the green territory !!
...the S&P 500 though still in the red, is also gaining some momentum and currently far better off than yesterday. ...presently just a minot 0.14% loss.
...In all, I believe that most of the key index would be back in the green by tomorrow !!

Mr Brent crude also doing a recovery trade at $68.340, after doing a day low of less $65.

We watch.

onegentleguy:
The world markets is begining to bounce back with a few indices like the NASDAQ 100, NIKKEI 225 and DAX already back in the green territory !!
...the S&P 500 though still in the red, is also gaining some momentum and currently far better off than yesterday. ...presently just a minot 0.14% loss.
...In all, I believe that most of the key index would be back in the green by tomorrow !!

Mr Brent crude also doing a recovery trade at $68.340, after doing a day low of less $65.

We watch.

Thanks for the goodnews

Reason why I am still comfortable with Zenith Bank.

Kingchuks:
FLASH: Two top bank chairmen and billionaires, Oba Otudeko and Tony Elumelu @TonyElumeluFDN have insider bank debt/loan exposure to Nigerian banks of N120billion for Elumelu and N90billion for Otudeko according to @cenbank sources https:///VphUe3Eubd

How person fit dey make 10% or even 5% for this market monthly?

Max 120% per annum. Some people have done over 200% this year and still not satisfied. You will serious studying, research and patience..

Kashif:
How person fit dey make 10% or even 5% for this market monthly?

onegentleguy:
The world markets is begining to bounce back with a few indices like the NASDAQ 100, NIKKEI 225 and DAX already back in the green territory !!
...the S&P 500 though still in the red, is also gaining some momentum and currently far better off than yesterday. ...presently just a minot 0.14% loss.
...In all, I believe that most of the key index would be back in the green by tomorrow !!

Mr Brent crude also doing a recovery trade at $68.340, after doing a day low of less $65.

We watch.

Nikkei 225 na Japanese market ooo.

Then don close since na even before NSE open.

Look at the indices again.

Dem say I dey make noise. So I no come talk anymore na.

Only two pages in a whole trading day.

Wat a gwan!!!

kolaish:
It is only a sustained or rise in crude oil price that can save the NSE from not joining the red.

I don't know if RabbiDoracle have extra mattress for me to come and borrow one.

Vitafoam dey market.

mendes911:


Wouldn't you prefer to buy Access Bank shares at below ₦5.00?

Abi ooo...