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Nigerian Stock Exchange Market Pick Alerts - Investment (4557) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by adetope22(m): 1:34pm On May 08, 2019
ccn just release their result. 213%
Re: Nigerian Stock Exchange Market Pick Alerts by Michael11stock(m): 1:38pm On May 08, 2019
chai your dangflour doing ok cool
stcool:


How will my money finish...when you are buying Zenith @N20 and I am buying CHAMS that is less than N1.00

grin grin grin

Majority of the large offers for CHAMS is above N0.50K which is good for me.
Re: Nigerian Stock Exchange Market Pick Alerts by Michael11stock(m): 1:38pm On May 08, 2019
source pls
adetope22:
ccn just release their result. 213%
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 1:44pm On May 08, 2019
Michael11stock:
chai your dangflour doing ok cool

People will still doubt if DF can get to N26...it is expected that after a run up they is bound to be some profit taking which must find a support and continue up. Dangote selling DF news still stands and since nothing will change that, then I will wait until it hits N21-N26 or wait for OLAMS to credit my accounts.

If I get a good stock, I accumulate until exit...If DF enters bid again this week forget it...TP above N21 next week
Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 1:47pm On May 08, 2019
stcool:


Don't worry about me...CHAMS, DF, FIDELITY is better for me 2019.

my brother follow your mind!

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 1:47pm On May 08, 2019
austinkenneth:


Any feedback as regards your dealings with United Securities?

Nothing yet. Though they confirmed receipt and validation of my e-div mandate form by my bank. The remaining hurdle is signature lodgement confirmation which my broker has transmitted to cscs for further transmittal to them. I have called CSCS and sent an email to them to confirm if they have sent it to the registrar which they are yet to respond. I will continue to follow up and update the house... grin
Re: Nigerian Stock Exchange Market Pick Alerts by Hajicairo(m): 1:57pm On May 08, 2019
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 1:59pm On May 08, 2019
GTB!!!.... shocked
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 1:59pm On May 08, 2019
[quote author=Michael11stock post=78212874]source pls [/quote

https://nairametrics.com/2019/05/08/2019-q1-ccnn-reports-revenue-growth-of-213-after-merger/

Has the market seen this result let me fill in small bid...

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Capitas7: 2:10pm On May 08, 2019
austinkenneth:
June 11 2004:
NSE All share index: 29,033

15 years after--->

Yesterday, May 7 2019:
NSE All share index: 29,096


Gain for average long-termer: 2.2% over 15 years--->0.15% annually CAGR
Average gain from fixed deposits: 10% annually


Some times we need to dey ask ourselves the question: Wetin We gain?

Food for thought!

Chibuking81:

Did you accommodate dividend payment? How much dividend has Zenith, GTB, UBA, UCAP, ACCESS paid since then in percentage?
Some have returned times two of their initial capital.

This is another insightful angle to viewing things though.

In summary, when going into any investment, one needs to have clear cut out plans, plan B, plan C, alternative investments as buffers/shock absorbers, and ultimately keep re-evaluating their progress.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by SexExpert(m): 2:18pm On May 08, 2019
Hi guys, I need to change my brokers. Which do you guys recommend?

good customer service

fair charges
Re: Nigerian Stock Exchange Market Pick Alerts by ndidigood(f): 2:18pm On May 08, 2019
[quote author=stcool post=78213444][/quote]sharp shooter
Re: Nigerian Stock Exchange Market Pick Alerts by Michael11stock(m): 2:30pm On May 08, 2019
omo that is why i was asking for the source so to position also if it is good cool[quote author=stcool post=78213444][/quote]
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:31pm On May 08, 2019
ndidigood:
sharp shooter


Na now i knw d bross just dey follow crowd...CCNN wey release q1 since weeks ago... April 24th ..becos of media hype he wan enter am again...nothing musa no go see for gate.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:40pm On May 08, 2019
adetope22:
ccn just release their result. 213%


oga dey av release q1 since April 24th 2019 , maybe you're not up to date or u just had d opportunity to come online today.

http://www.nse.com.ng/Financial_NewsDocs/25880_CEMENT_CO._OF_NORTH.NIG._PLC_FINANCIAL_STATEMENTS_APRIL_2019.pdf
Re: Nigerian Stock Exchange Market Pick Alerts by ndidigood(f): 2:42pm On May 08, 2019
tritritri:



Na now i knw d bross just dey follow crowd...CCNN wey release q1 since weeks ago... April 24th ..becos of media hype he wan enter am again...nothing musa no go see for gate.
nothing Musa nogo c for gate cracked me up
Inevahearamb4.

3 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by yok: 2:48pm On May 08, 2019
IMPROVEMENT IN VALUE OF EQUITY TRADED TODAY

I AM HAPPY TO SEE THE VALUE TRADED TODAY (N3,241,548,096.73). IT WAS AN IMPROVEMENT OVER THAT OF YESTERDAY.

OUR SIT ON THE FENCE ORDER SEEMS TO BE WORKING!!!!

THESE DAYS I HAVE LEARNT TO SOME EXTENT TO STAY OUT OF THE MARKET WHEN THINGS ARE TOO DULL. ALTHOUGH NOT YET PERFECT.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:53pm On May 08, 2019
tritritri:
Na now i knw d bross just dey follow crowd...CCNN wey release q1 since weeks ago... April 24th ..becos of media hype he wan enter am again...nothing musa no go see for gate.
Lol. I just pitied any newbie that follows his MH hypes.
Thought he said FMN and DF would be selling for N26 by today self. grin
Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 2:55pm On May 08, 2019
where are the bonanza people ooo?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:00pm On May 08, 2019
aremso:
where are the bonanza people ooo?


Oga clap for urself...I dey jealous of ur strategy.
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 3:04pm On May 08, 2019
aremso:
where are the bonanza people ooo?


Silence, don't disturb, still robbing pillow
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 3:46pm On May 08, 2019
https://www.bloomberg.com/news/articles/2019-05-07/these-are-the-possible-candidates-to-head-nigeria-s-central-bank

what cld possibly be market reaction to a MANSUR MUHTAR appointment as the new CBN governor

wld appr8 insights
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:58pm On May 08, 2019
babakk2:
Good day house is there any platform that I do NSE stock trading online??
If you please kindly help on this. Thanks
Use morgancapitalgroup.com
They are reputable
Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 4:22pm On May 08, 2019
stcool:


I added to my CHAMS holding today....How do you expect a stock that has done over 100% in price to keep running up. It will breath and then continue upwards.

I continue to add to my holdings in CHAMS, DF and FIDELITY....

This 3 cant go wrong for 2019 FY end I can assure you with 100% confidence.




U sound like the mighty UCHESON grin
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 4:22pm On May 08, 2019
Michael11stock:
i dey wait also grin
https://www.thisdaylive.com/index.php/2019/05/08/breaking-news-sec-approves-mtn-listing-on-nse/?amp

Breaking News: SEC Approves MTN Listing on NSE
By editor - 3 mins ago

The Securities and Exchange Commission (SEC) has said that it has approved MTN Nigeria’s application to list on the Nigerian Stock Exchange (NSE) by way of introduction. The SEC Head, Corporate Communications, Mrs Efe Ebelo, confirmed this to the News Agency of Nigeria (NAN) in Lagos. Ebelo said the commission has approved the company’s application to be listed on the nation’s bourse by way of introduction. She said that the company has successfully completed the registration of 20,354,513,050 ordinary shares of N0.02 each with the commission.

MTN Nigeria had on May 6 filed an application with SEC and the exchange for listing by introduction. SEC recently said that it received an application from MTN requesting registration of their existing securities. “They have applied for listing by introduction which will enable the company to be listed and allow shareholders sell their shares on the floor of the exchange,” Ebelo said.

The SEC Acting Executive Commissioner, Corporate Services, Mr Henry Rowlands, told NAN that the commission was committed to work with MTN Nigeria. “SEC is committed to work with them, when they list by way of introduction naturally it will translate to public offering by and large. “It’s better that they come to the market even if it’s by way of introduction because it will encourage other service providers to access the market,” Rowlands said.

Reacting to the approval, the Chief Operating Officer, InvestData Ltd, Mr Ambrose Omordion, commended SEC for the speedy approval. Omordion said that MTN Nigeria July target for listing would be feasible with the approval, noting that the listing might be concluded before the target date. NAN reported that MTN Nigeria recently changed its status from a private company to a public liability company (PLC) ahead of its listing on the exchange.

The conversion was one of the requirements for listing on the exchange. The company had previously announced that it looks to list on the NSE before July, saying it plans to enter the market by way of listing by introduction. Speaking on the conversion, the MTN Chief Executive Officer, Fredi Moolman, said the listing was part of its commitment to localisation in the markets in which it operates. “Our conversion to a Plc is a major step towards listing by introduction on the Nigerian Stock Exchange in the first half of 2019.
“It is a reaffirmation of our long-term commitment to expanding investment opportunities for Nigerians, in addition to providing everyday services to them. “We look forward to continuing our engagement with the SEC and NSE to take forward the listing process,” Moolman said. The listing on the NSE was one of the conditions reached in the resolution of a N330 billion fine placed on the telco by the Nigerian Communications Commission (NCC) for its inability to disconnect improperly registered SIM cards. (NAN)
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 4:33pm On May 08, 2019
Mtn listing might come up by month of June. Or can it be possible this month?
Re: Nigerian Stock Exchange Market Pick Alerts by Valueinvestor: 4:35pm On May 08, 2019
Chibuking81:

https://www.thisdaylive.com/index.php/2019/05/08/breaking-news-sec-approves-mtn-listing-on-nse/?amp

Breaking News: SEC Approves MTN Listing on NSE
By editor - 3 mins ago

The Securities and Exchange Commission (SEC) has said that it has approved MTN Nigeria’s application to list on the Nigerian Stock Exchange (NSE) by way of introduction. The SEC Head, Corporate Communications, Mrs Efe Ebelo, confirmed this to the News Agency of Nigeria (NAN) in Lagos. Ebelo said the commission has approved the company’s application to be listed on the nation’s bourse by way of introduction. She said that the company has successfully completed the registration of 20,354,513,050 ordinary shares of N0.02 each with the commission.

MTN Nigeria had on May 6 filed an application with SEC and the exchange for listing by introduction. SEC recently said that it received an application from MTN requesting registration of their existing securities. “They have applied for listing by introduction which will enable the company to be listed and allow shareholders sell their shares on the floor of the exchange,” Ebelo said.

The SEC Acting Executive Commissioner, Corporate Services, Mr Henry Rowlands, told NAN that the commission was committed to work with MTN Nigeria. “SEC is committed to work with them, when they list by way of introduction naturally it will translate to public offering by and large. “It’s better that they come to the market even if it’s by way of introduction because it will encourage other service providers to access the market,” Rowlands said.

Reacting to the approval, the Chief Operating Officer, InvestData Ltd, Mr Ambrose Omordion, commended SEC for the speedy approval. Omordion said that MTN Nigeria July target for listing would be feasible with the approval, noting that the listing might be concluded before the target date. NAN reported that MTN Nigeria recently changed its status from a private company to a public liability company (PLC) ahead of its listing on the exchange.

The conversion was one of the requirements for listing on the exchange. The company had previously announced that it looks to list on the NSE before July, saying it plans to enter the market by way of listing by introduction. Speaking on the conversion, the MTN Chief Executive Officer, Fredi Moolman, said the listing was part of its commitment to localisation in the markets in which it operates. “Our conversion to a Plc is a major step towards listing by introduction on the Nigerian Stock Exchange in the first half of 2019.
“It is a reaffirmation of our long-term commitment to expanding investment opportunities for Nigerians, in addition to providing everyday services to them. “We look forward to continuing our engagement with the SEC and NSE to take forward the listing process,” Moolman said. The listing on the NSE was one of the conditions reached in the resolution of a N330 billion fine placed on the telco by the Nigerian Communications Commission (NCC) for its inability to disconnect improperly registered SIM cards. (NAN)

Breaking
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 5:27pm On May 08, 2019
Why is it difficult to mention price?[1quote author=Valueinvestor post=78217711]

Breaking [/quote]
Re: Nigerian Stock Exchange Market Pick Alerts by austinkenneth: 5:58pm On May 08, 2019
austinkenneth:
June 11 2004:
NSE All share index: 29,033

15 years after--->

Yesterday, May 7 2019:
NSE All share index: 29,096


Gain for average long-termer: 2.2% over 15 years--->0.15% annually CAGR
Average gain from fixed deposits: 10% annually


Some times we need to dey ask ourselves the question: Wetin We gain?

Sorry, my bad

Gain for average long-termer is actually more dismal: 0.22% over 15 years--->0.015% annually CAGR
Average gain from fixed deposits: 10% annually.

Some must have fared better or worse but the above is the average for the market. The stock market has been a very bad investment over the past 15 years.

The market is irrational, and can remain irrational longer than you can remain solvent.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 6:05pm On May 08, 2019
market at 28k plus i think fidelity shd be at N 1.3 region.

Am not buyin again until i knw d direction of these nse. d loss is not slowin down.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 6:33pm On May 08, 2019
Like play like play Zenith stock is gradually swallowing my Japaul loot! The stock that is supposed to act as shock absorber is the shock now. SMH

3 Likes 1 Share

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