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Nigerian Stock Exchange Market Pick Alerts - Investment (3793) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:16pm On Aug 01, 2018
eazyfocus:
I want register for Greenwich trust limited so as to start trading shares but my fear is that they are requesting for my BVN. please is it advisable?

It’s normal but I’ve not heard of them before.. why not open an account with a broker almost all of us here know? Like that if you need any help tomorrow we can easily help..
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:16pm On Aug 01, 2018
hyness:

I saw that divestment income, their Q2 profit dropped so much. Maybe i should watch it to end of the week. The volume today was very high though.
please watch closely.lol

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:22pm On Aug 01, 2018
Mcy56:

Agba, you don see where this babe's interest dey now ba? Make you no disturb her again o. cheesy

Teeonly come here o
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:39pm On Aug 01, 2018
hyness:

I saw that divestment income, their Q2 profit dropped so much. Maybe i should watch it to end of the week. The volume today was very high though.

The efforts invested in trying to make money in a bearish market is much higher than the potential reward
Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 3:39pm On Aug 01, 2018
currentprice:
okomu oil is nestle of our generation now

cc 1himself

grin

The fear of BIOLOGICAL ASSETS!
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:46pm On Aug 01, 2018
wanaj0:


The fear of BIOLOGICAL ASSETS!

I thought as much too; those biological assets no go ever make me go near those two companies
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 5:01pm On Aug 01, 2018
IAS 41 Agriculture sets out the accounting for agricultural activity – the transformation of biological assets (living plants and animals) into agricultural produce (harvested product of the entity's biological assets). The standard generally requires biological assets to be measured at fair value less costs to sell. Examples of biological assets. Living plant – annual crops such as rice, maize, wheat. Living animal – pigs, poultry, horses, cattle. Produce growing on a plant. There is nothing to be afraid in this.
Agbalowomeri:


I thought as much too; those biological assets no go ever make me go near those two companies
Re: Nigerian Stock Exchange Market Pick Alerts by eazyfocus: 5:03pm On Aug 01, 2018
Yayira:


It’s normal but I’ve not heard of them before.. why not open an account with a broker almost all of us here know? Like that if you need any help tomorrow we can easily help..
I appreciate. please can u kindly help me with the brokers here. Thanks
Re: Nigerian Stock Exchange Market Pick Alerts by hyness: 5:06pm On Aug 01, 2018
Nothing whatsoever warranted what just played out. nothing!.
Some people have mentioned it happening, never noticed it like this.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 5:07pm On Aug 01, 2018
rebekah2011:
IAS 41 Agriculture sets out the accounting for agricultural activity – the transformation of biological assets (living plants and animals) into agricultural produce (harvested product of the entity's biological assets). The standard generally requires biological assets to be measured at fair value less costs to sell. Examples of biological assets. Living plant – annual crops such as rice, maize, wheat. Living animal – pigs, poultry, horses, cattle. Produce growing on a plant. There is nothing to be afraid in this.

My brother, that biological asset has caused wahala in the past; it will just disappear and you begin look under the table where the thing waka go. Meanwhile you have included it in your projection grin
Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 5:12pm On Aug 01, 2018
eazyfocus:
I want register for Greenwich trust limited so as to start trading shares but my fear is that they are requesting for my BVN. please is it advisable?

sometime last year someone at Morgan requeted for my BVN, guess what, I told him where to go!
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:20pm On Aug 01, 2018
eazyfocus:
I appreciate. please can u kindly help me with the brokers here. Thanks
Ernie4life
Re: Nigerian Stock Exchange Market Pick Alerts by hyness: 5:30pm On Aug 01, 2018
eazyfocus:
I appreciate. please can u kindly help me with the brokers here. Thanks
Greenwich Trust was formally Union Registrars, and their Stockbroking arm is not bad but they have a lot of old retirees as clients and may not be proactive. I went to their office sometime back for my Julius Berger unpaid warrants. So I would suggest registering with one of those mentioned.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:32pm On Aug 01, 2018
eazyfocus:
I appreciate. please can u kindly help me with the brokers here. Thanks

Most of us here uses MorganCapital and Meristem.
I’ll advise you open account with any one of them ‘cause sometimes when anyone is having a problem they come here to look for solution.. and if it’s a general problem or maybe server issue from the person’s end we can easily tell..

E-mail

info@morgancapitalgroup.com
Or
ololadeagboola@meristemng.com

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:38pm On Aug 01, 2018
hyness:
Nothing whatsoever warranted what just played out. nothing!.
Some people have mentioned it happening, never noticed it like this.

Sis, this one that you are mincing your words.. are you seeing what I’m seeing?
As per wuruwuru on going
Re: Nigerian Stock Exchange Market Pick Alerts by hyness: 5:40pm On Aug 01, 2018
Yayira:


Sis, this one that you are mincing your words.. are you seeing what I’m seeing?
As per wuruwuru on going
No be small. Sad coming from unsuspecting quarters.
Fine. Let's just move on.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:43pm On Aug 01, 2018
bigjay01:


sometime last year someone at Morgan requeted for my BVN, guess what, I told him where to go!

Where to go ? How ? I don’t understand.. are you not supposed to give them?
If you don’t give them, when it’s time to collect dividend you’ll still provide it.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:44pm On Aug 01, 2018
hyness:

No be small. Sad coming from unsuspecting quarters.

Such a sad thing.. we are ever at their mercy..
E go better.
One day we too go command.
grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Cadillac15(m): 6:11pm On Aug 01, 2018
sellydion:

I just see PZ at N14.05. aside from this bear is there anything the matter

the rate of fallen is quite alarming

They issued a profit warning. That's why.
Re: Nigerian Stock Exchange Market Pick Alerts by ogedazzle: 6:31pm On Aug 01, 2018
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Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 8:30pm On Aug 01, 2018
ogedazzle:
50% Off! A rare Opportunity to Own Christal Villa Queens Court with CofO Shapati Lekki at N5m + Free Deed of Assignment
For details/Inspection::
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Becoming a Landlord has been made easy!
Ogedazzle, Ogedanny?
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 8:47pm On Aug 01, 2018
Home alone
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 8:51pm On Aug 01, 2018
The 18.75 billion naira ($148 million) initial public offering by Nigeria's Dangote Flour Mills has received applications for more than six times the shares on offer, the company and issuing houses said on Monday.

Nigeria's stock market has been one of the world's best performers for the past few years, buoyed by high oil revenues and hopes of an economic take-off in Africa's most populous nation, which emerged from dictatorship in 1999.

Dangote offered 1.25 billion shares at 15 naira each in an IPO that closed in October and received applications for 7.8 billion shares, the banks and brokerages involved said in a notice.

The IPO was 621 percent subscribed after applications for 125.43 million shares were rejected because they did not comply with the terms of the offering, the notice said.

"This level of subscription is unprecedented in the history of initial public offerings in the Nigerian capital market," the company said in a statement.

It said as a result of the oversubscription, most interested investors were allotted only a fraction of what they applied for and would have the bulk of their monies returned to them with interest.

The IPO was to enable the company to meet the listing requirements of the Nigerian Stock Exchange and broaden the shareholder base of the mill, which is a unit of Nigeria's leading private conglomerate, Dangote Industries Ltd.

The issue came on the heels of a $420 million IPO by sister company Dangote Sugar Refinery DANG.LG, which was 140 percent subscribed.

https://www.google.ae/amp/s/mobile.reuters.com/article/amp/idUSL1356137020080114

Reminiscing the good old days smiley

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 9:34pm On Aug 01, 2018
https://nairametrics.com/transcorp-set-to-explore-opl-281-in-2019/
Transnational Corporation of Nigeria Plc (Transcorp) has disclosed plans to convert its Oil Prospecting License (OPL) 281 asset into a Oil Mining Lease (OML) for commercial production by second quarter of 2019. This was confirmed by the company’s Chief Executive Officer (CEO), Adim Jibuno, during Transcorp investors conference held, yesterday, in Lagos.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 9:36pm On Aug 01, 2018
Mpeace:
https://nairametrics.com/transcorp-set-to-explore-opl-281-in-2019/
Transnational Corporation of Nigeria Plc (Transcorp) has disclosed plans to convert its Oil Prospecting License (OPL) 281 asset into a Oil Mining Lease (OML) for commercial production by second quarter of 2019. This was confirmed by the company’s Chief Executive Officer (CEO), Adim Jibuno, during Transcorp investors conference held, yesterday, in Lagos.

When company no sabi wetin dem wan do; darting all over the place
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 9:42pm On Aug 01, 2018
Agbalowomeri:


When company no sabi wetin dem wan do; darting all over the place
Check your graphs whether u go see anything. This type news(true or false) suppose bring small rally.
Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 9:50pm On Aug 01, 2018
Yayira:


Where to go ? How ? I don’t understand.. are you not supposed to give them?
If you don’t give them, when it’s time to collect dividend you’ll still provide it.

Wet in concern broker with my eDiv?
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 9:55pm On Aug 01, 2018
bigjay01:


Wet in concern broker with my eDiv?

You do not think is a form of biometric identification?
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 9:56pm On Aug 01, 2018
Mpeace:

Check your graphs whether u go see anything. This type news(true or false) suppose bring small rally.

Of course bearish noni. You know say na Diamond twin
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 10:17pm On Aug 01, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by hyness: 10:31pm On Aug 01, 2018
dipoolowoo:
GTBank to Begin Banking Services on WhatsApp
https://www.businesspost.ng/2018/08/01/gtbank-to-begin-banking-services-on-whatsapp/
Jimoh Ibrahim to List Bank Shares on Stock Exchange
https://www.businesspost.ng/2018/08/01/jimoh-ibrahim-to-list-bank-shares-on-stock-exchange/

Jimoh's management style is similar to Jegede's. He acquired some well managed businesses during OBJ govt, those businesses now are nothing to write home about - Nicon Insurance, Nicon Luxury Hotel formerly Le Meridien hotel Abuja ( that had even better standard than Abuja Sheraton be4) etc. I wonder why he is heading to another country where he may not be well known to source for fund through IPO for his Bank.
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 10:41pm On Aug 01, 2018
Agbalowomeri:


Of course bearish noni. You know say na Diamond twin
You may be reading it up side down.

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