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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11451427 Views)
Nigerian Stocks To Buy - 2024 Best Performing Stocks / Free Stock Market Pick Alert For All Investors Globally!!! / Dangote Resumes As President Of Nigerian Stock Exchange (2) (3) (4)
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Re: Nigerian Stock Exchange Market Pick Alerts by ndidigood(f): 2:45pm On May 07, 2019 |
NSE is like marriage Learning and experience is continuous. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Michael11stock(m): 2:55pm On May 07, 2019 |
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Re: Nigerian Stock Exchange Market Pick Alerts by Tolktob: 2:58pm On May 07, 2019 |
@Loco,how about that Barrister ? Transcorp is much available now ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() you go dey alright las las in this market 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:13pm On May 07, 2019 |
Tolktob: Loko average down at 1.13 likewise me . We have nothing to worry about. No be people buy zenith at 25 and now na 20 dem never kill demself ooh. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Michael11stock(m): 3:24pm On May 07, 2019 |
President don come back from abroad? maybe market is reacting to the news 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 3:27pm On May 07, 2019 |
Michael11stock: Dangote will not sell to Olams at anything less than N25...this is over 30-40% upside potential at today's closing of 16.00. When you add other incentives Olams gets from the deal Make una stay for inside house... It is raining outside. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 3:28pm On May 07, 2019 |
onegentleguy: On the part in bold, Reuters seem to in agreement though; https://www.reuters.com/article/us-nigeria-mtn-group/south-africas-mtn-registers-nigerian-business-shares-before-listing-idUSKCN1SD15G "LAGOS (Reuters) - MTN has registered more than 20 billion shares of its $5 billion Nigerian business before its planned listing of the unit in the West African nation, the South African telecoms firm said on Tuesday. It announced the move shortly after a judge cleared Africa’s biggest telecoms firm on Tuesday of missing a deadline to file a challenge against a $2 billion tax demand, the latest row with the authorities to beset MTN’s Nigerian business. MTN argues that the attorney general exceeded his power when he issued the backdated tax demand in September. State lawyers had filed a case saying MTN did not file its challenge in time. MTN Nigeria said after the judge’s ruling it had registered to list 20.4 billion ordinary shares at 0.02 naira ($0.0001) each with Nigeria’s securities regulator, before listing the business that MTN valued at about $5 billion last year. “We have achieved another milestone in our listing process,” MTN Nigeria Chief Executive Ferdi Moolman said in a statement. The company said it had started talks with the stock exchange to complete the listing and would meet investors to discuss the plans on May 16. It has previously said it did not plan to raise funds from investors immediately via the listing. Nigeria is MTN’s biggest market, with 58 million users in 2018 and accounting for a third of the firm’s annual core profit. But the business has faced challenges in Nigeria, ranging from the tax demand to a fine over unregistered SIM cards. MTN had said in 2016 it planned to list its local unit on the Nigerian Stock Exchange after agreeing to pay a $1.7 billion fine to settle the SIM card dispute with the government. It previously said it planned to list in the first half of 2019. In the tax case, a hearing into whether the auditor general acted within his rights is scheduled for June 26. “MTN maintains that it is fully compliant with Nigerian tax laws. The company remains committed to meeting its fiscal responsibilities and contributing to the social and economic development of Nigeria,” MTN said after Tuesday’s ruling. In the commercial capital Lagos, lawyers for the opposing sides had argued over whether or not the telecoms firm responded to the tax bill within the three-month period stipulated by law. The judge ruled that said MTN had responded in 19 days. In a separate case, MTN agreed in December to make a $53 million payment to resolve a dispute over dividend repatriation. MTN shares in Johannesburg were up 0.7 percent at 104.37 rand by 1338 GMT." |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 3:38pm On May 07, 2019 |
^^^ ^^^ ![]() ![]() ![]() Things seem to be happening so fast for MTN; A switch to a PLC with the CAC, Appointment of high profile figures in key board and management positions, filling with the CMOs(the SEC, NSE...) and now clearance of long pending legal cases against the firm... all within the space of 10 working days. Oh the Nigeria state !! ...what a place to be. It's simply a portfolio country !! 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Michael11stock(m): 3:42pm On May 07, 2019 |
Will they transfer money to our bank account after the deal has been sealed? or will be listed as new shares in market ?just curious you know? i hate going to registrars that wont update your mandate on time. stcool: |
Re: Nigerian Stock Exchange Market Pick Alerts by Michael11stock(m): 3:46pm On May 07, 2019 |
N 0.02 naira? omo if this is true value then we may not see it to buy ooo that is 2kobo only a whole MTN onegentleguy: |
Re: Nigerian Stock Exchange Market Pick Alerts by laydap: 3:46pm On May 07, 2019 |
onegentleguy: The MTN par value is the 2k but listing price should be in the range of N80 - N90 going by the guidance of $5billion valuation indicated. This will be approx. N1.8Trillion market cap and potentially close to 15% of NSE total market cap. |
Re: Nigerian Stock Exchange Market Pick Alerts by edwardaigb: 3:50pm On May 07, 2019 |
Deadlytruth: One of the funniest joke this year, thank God you no end up for Igbobi. 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 3:53pm On May 07, 2019 |
Michael11stock: Your bank account will be credited and after that the shares will be delayed from the market. Wetin go sweet my bele na to hear something like special dividend of N1.00 and deal price of N25 ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 3:56pm On May 07, 2019 |
Michael11stock: My sources say the listing price should peg far above that. Aside that, my valuation estimate using a couple of their past financial print also pegs a possible listing price that should be way above that. Extrapolating to ~N95 per share. But that's just an estimate, so it could come in below or above that. We wait to see what the listing price will be. Interesting times ahead !! Cheers. |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 4:00pm On May 07, 2019 |
laydap: Kudos my dear. Ur figure is also not far off from my estimate. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:05pm On May 07, 2019 |
Michael11stock: STNWAUME: All is well oo.. na this post ^^^ and that transcorp abracadabra make me dey yan o.. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:14pm On May 07, 2019 |
ndidigood: All na wash..to keep people for work.. ![]() ![]() 2 Likes
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Re: Nigerian Stock Exchange Market Pick Alerts by STOjo: 4:20pm On May 07, 2019 |
Deadlytruth:So with all this experience. What do you think about NSE. Does it worth 100% dedication? Have you lost or gain more in your years of trading and investing? Thank you. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Michael11stock(m): 4:22pm On May 07, 2019 |
![]() ![]() stcool: |
Re: Nigerian Stock Exchange Market Pick Alerts by Michael11stock(m): 4:24pm On May 07, 2019 |
ehyah now i get you, it is well with time it will favor you with time ![]() Yayira: |
Re: Nigerian Stock Exchange Market Pick Alerts by yom2(m): 4:24pm On May 07, 2019 |
Mcy56:if u watch closely u know am among the most tolerant here.. I hardly pick quarrels but that doesn't mean I should be at home with fanatism |
Re: Nigerian Stock Exchange Market Pick Alerts by Michael11stock(m): 4:25pm On May 07, 2019 |
![]() onegentleguy: |
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 4:28pm On May 07, 2019 |
Michael11stock:Not true . |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 4:34pm On May 07, 2019 |
tritritri: When TRANSCORPSE was on full bid @#1:34 with over 40m units I advise LOCO to SHOOT if he wanna SHOOT. culled from a movie scene @(The good the bad and the ugly.) Instead to heed my advice he boasted and personallly invited LUCIFER. Out of annoyance LUCIFER appeared and cleared all the BIDS in one swoop. The rest is history LOCO rightnow ![]() ![]() ![]() 10 Likes
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Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:38pm On May 07, 2019 |
Michael11stock: O yes I know it is well.. just concerned about what’s happening on nse these days.. I no know whether na casino e dey turn too |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:41pm On May 07, 2019 |
PETERiCHY: Where you dey get these pictures from slf.. lolz |
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 4:42pm On May 07, 2019 |
Picked small of Zenith at 20.55 today, not bad for a stock that will likely pay N2.80 in 2019. Looking at picking UBA too. N6.50 will be a good price for a stock that will likely pay 85kobo next year. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 4:42pm On May 07, 2019 |
The guy is a case. You will always laugh ni. Yayira: |
Re: Nigerian Stock Exchange Market Pick Alerts by STNWAUME(m): 4:42pm On May 07, 2019 |
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Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 4:56pm On May 07, 2019 |
MTN Nigeria Registers 20.355 billion Shares of 2 Kobo Each With SEC https://businesspost.ng/2019/05/07/mtn-nigeria-registers-20-355-billion-shares-of-2-kobo-each-with-sec/ Japaul Operations Under Serious Threat https://businesspost.ng/2019/05/07/japaul-operations-under-serious-threat/ Investment Opportunities for Retail Investors https://businesspost.ng/2019/05/07/investment-opportunities-for-retail-investors/ |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 5:01pm On May 07, 2019 |
locodemy: TONY and his TRANSCORPSE shellholders. BARGAIN HUNTERS TAKENOTE! 4 Likes
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Re: Nigerian Stock Exchange Market Pick Alerts by Blackethics: 5:09pm On May 07, 2019 |
I may start taking your comments serious but with caution because u sound like a prophet sometimes. PETERiCHY: 1 Like |
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