Agbalowomeri:


Na old age dey worry boys Lol

...dude thought that today is Saturday !!
Na wetin independence dey cause...

locodemy:


Independence abeg

Mcy56:

He should have done the calculation and ask if he's right or wrong self.

Btw, where are these pple: bomboclad and monkeyHunter , they've been somehow silent for long.
Please let's stop attacking pple for their opinion or calling them names, we can do better with constructive criticism.

Mcy, please for Morgan capital, how many days does it take before the cash from a stock sale is available for another purchase?

Can I sell a stock today and use the proceed to buy another stock today?

swilo:


Mcy, please for Morgan capital, how many days does it take before the cash from a stock sale is available for another purchase?

Can I sell a stock today and use the proceed to buy another stock today?

Yes as soon as you sale you can use the money to buy gain.

NPF MfBank Gets NSE Approval for Public Offer, Rights Issue
https://businesspost.ng/2019/10/02/npf-mfbank-gets-nse-approval-for-public-offer-rights-issue/

Rates to Rise as CBN Sells N133.97bn Treasury Bills Today
https://businesspost.ng/2019/10/02/rates-to-rise-as-cbn-sells-n133-97bn-treasury-bills-today/

Weak Economic Data Weakens Crude Oil Prices
https://businesspost.ng/2019/10/02/weak-economic-data-weakens-crude-oil-prices/

NSE Approves Rights Issue of Wapic Insurance
https://businesspost.ng/2019/10/02/nse-approves-rights-issue-of-wapic-insurance/

swilo:


Mcy, please for Morgan capital, how many days does it take before the cash from a stock sale is available for another purchase?

Can I sell a stock today and use the proceed to buy another stock today?

My Analog broker broker though a good broker will pay me after 7 days of selling my stock.

All these online brokers will allow you to have access to your money immediately trade is executed.

You can sell and repurchase at once hence your account is credited automatically.

dipoolowoo:
NPF MfBank Gets NSE Approval for Public Offer, Rights Issue
https://businesspost.ng/2019/10/02/npf-mfbank-gets-nse-approval-for-public-offer-rights-issue/

Rates to Rise as CBN Sells N133.97bn Treasury Bills Today
https://businesspost.ng/2019/10/02/rates-to-rise-as-cbn-sells-n133-97bn-treasury-bills-today/

Weak Economic Data Weakens Crude Oil Prices
https://businesspost.ng/2019/10/02/weak-economic-data-weakens-crude-oil-prices/

NSE Approves Rights Issue of Wapic Insurance
https://businesspost.ng/2019/


10/02/nse-approves-rights-issue-of-wapic-insurance/

@ wapic right issue 38kobo.Os gonna be over 20B post right issue.

#Speed# on #my #feet#

[quote author=Northeastern post=82746798][/quote]

Thanks my brother.look like none of us here make use of stop limit order.

Since I don't have the intention of stay off the market nowadays during trading hours,no need to disturb myself on a stop limit order.

swilo:
Mcy, please for Morgan capital, how many days does it take before the cash from a stock sale is available for another purchase? Can I sell a stock today and use the proceed to buy another stock today?

They answered you already sir. Its immediately.
However, if it's withdrawal from your trading account to your bank account, its T+3 days, i.e. you can't do that until on/after the 3rd day when the fund must have been settled.

Continsure
http://www.nse.com.ng/Financial_NewsDocs/27652_CONTINENTAL_REINSURANCE_PLC_CORPORATE_ACTIONS_SEPTEMBER_2019.pdf

Price per share reviewed up to 2.50 as rightly said by OGG or 143-1 of CRe African Investments Ltd.
Their share price must be in $$. Not sure o. We need to know how much their share price goes for.....but I'm sure they're picking continsure at bargain price.

Abeg, make una dey touch-light the next carcass o. Nsempa must not carry last in the next one.

Continsure, Agleventis on full bid.

STOCK MARKET GUIDE FOR 02 OCT 2019

No major news to move market. Thanks for the earnings season and MSCI (sold Guinness on Monday). Still expecting a ranging market/small upward movement. I have some stock I want to buy, but price has not fallen my entry level.

I have now learn to wait for price to reach my level before striking. For example, due to fundamental issues there is no way I can buy Transcorp for more than NGN0.88 (I am even not keen on buying at all, it is fairly on the risky side looking at the expected earnings).

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

Mcy56:
Continsure
http://www.nse.com.ng/Financial_NewsDocs/27652_CONTINENTAL_REINSURANCE_PLC_CORPORATE_ACTIONS_SEPTEMBER_2019.pdf

Price per share reviewed up to 2.50 as rightly said by OGG or 143-1 of CRe African Investments Ltd.
Their share price must be in $$. Not sure o. We need to know how much their share price goes for.....but I'm sure they're picking continsure at bargain price.

U should worry less about the equity value of the parent company.
Not much is known about CRe African inv. except that the insurance arm of the SANLAM GROUP(saham finances sa) is the core investor with 51% stake, while a private equity firm, CAPITAL ALLIANCE owns the balance of 49% stake.
So pricing the group to see if there'll be more VALUE accretion with the exchange choice of 1 for 143 proportion is at present difficult.

Again, there are no immediate plans to list the parent coy on the NSE bourse, so I do not think it'll be wise to go with the 1 for 143 exchange option in the parent coy.
The fact that the price has so far been reviewed upwards twice(1st from N2.04 to N2.10 and now to N2.50) is enough added premium and boost for anyone to accept the offer and move on.
So ur best bet is to SELL now or wait it out and collect the N2.50 buy out offer.

...and yes ur assertion with the part in bold may not be far from the truth. Guess that's why they've had to review upwards the buy out offer on 2 occasions.

Just know when to exit in line with ur PERSONALITY, INVESTMENT HORIZON and GOAL.

Regards.

locodemy:



@ wapic right issue 38kobo.Os gonna be over 20B post right issue.

#Speed# on #my #feet#

only on the NSE I see such foolishness rampant

yom2:
only on the NSE I see such foolishness rampant

After right issue,price will come down to 20kobo.

The next you will hear from them is reconstruction of shares......

Cc: Cileasing shareholders.

Better for one to invest in stocks with smaller Os or fundamentally sound stocks.

For those wondering why DANGOTE CEMENT is CRASHING like a PACK of CARD.

The PIONEER STATUS they enjoyed under GEJ is no more.

So we are patiently waiting for at it fair value which is N100.

BARGAIN HUNTERS TAKE NOTE!


https://punchng.com/fg-denies-guinness-dangote-13-others-tax-relief/

The Nigerian Investment Promotion Commission has rejected the application of 15 companies seeking pioneer status under the Industrial Development Income Tax Act.

The pioneer status is an incentive from the Federal Government which exempts companies from income tax. It is also known as tax holiday and generally regarded as industrial investment device.

This means the companies with pioneer status do not have to pay tax for a certain period of time, allowing the companies to get established. This tax exemption can be full or partial.

The products or companies suitable for pioneer status are industries or products that do not already exist in the country

@Peter, no meme? Please complete your post

PETERiCHY:
For those wondering why DANGOTE CEMENT is CRASHING like a PACK of CARD.

The PIONEER STATUS they enjoyed under GEJ is no more.

So we are patiently waiting for at it fair value which is N100.

BARGAIN HUNTERS TAKE NOTE!


https://punchng.com/fg-denies-guinness-dangote-13-others-tax-relief/

The Nigerian Investment Promotion Commission has rejected the application of 15 companies seeking pioneer status under the Industrial Development Income Tax Act.

The pioneer status is an incentive from the Federal Government which exempts companies from income tax. It is also known as tax holiday and generally regarded as industrial investment device.

This means the companies with pioneer status do not have to pay tax for a certain period of time, allowing the companies to get established. This tax exemption can be full or partial.

The products or companies suitable for pioneer status are industries or products that do not already exist in the country

....

DeRuggedProf:
...

Nigeria has issued 3 Payment Service Bank (PSB) Licenses without much fanfare.

The PSBs licenses, required to offer mobile money, have gone to Hope PSB (Unified Payment), Money Master PSB (Globalcom) and 9PSB (9 Mobile). As a reminder at least 30 companies applied for a license and notable in their absence thus far are MTN and Airtel. From some of my informal chatter, We understand MTNN and Airtel would be appealing the decision given that both telco have the widest reach, strong infrastructure and largest agent network to ensure Financial inclusion is a success. PSB license allows entities to take deposits, carry out payments, convert FX, handle remittance, run electronic wallets and issues debit/pre-paid cards.

Courtesy: StanbicIBTC

The person that placed the offer with over 15m units of nigerins, does he really want to sell or just to scare the buyers?

TLAX:
Nigeria has issued 3 Payment Service Bank (PSB) Licenses without much fanfare.

The PSBs licenses, required to offer mobile money, have gone to Hope PSB (Unified Payment), Money Master PSB (Globalcom) and 9PSB (9 Mobile). As a reminder at least 30 companies applied for a license and notable in their absence thus far are MTN and Airtel. From some of my informal chatter, We understand MTNN and Airtel would be appealing the decision given that both telco have the widest reach, strong infrastructure and largest agent network to ensure Financial inclusion is a success. PSB license allows entities to take deposits, carry out payments, convert FX, handle remittance, run electronic wallets and issues debit/pre-paid cards.

Courtesy: StanbicIBTC

Granting MTN a license in the heat of this xenophobic attacks will be so insensitive, it will incure the wrath of millions of Nigerians.

IAM having issues with my UBA shares and I need help ...

I haven't been receiving dividend for the past 3 years now and the stock broker house which I registered with is no more in existence...
Please what do I do about it.

Thanks

Which genuine trading can I venture into that will be profiting.

Tired of collecting peanut as salary

How can I sell my shares with UBA.... I have cscs

Michhy123:
How can I sell my shares with UBA.... I have cscs

You can only sell through a Stock Broker .

Get a broker

Did they cast spell on these moneybags or what?
One minute they are running in, the next minute they are scrambling for the exit doorWas thinking GTB will cross 30 today. Tomorrow they start rushing in again ?? They need to probe source of their money.

Mcy56:
Did they cast spell on these moneybags or what?
One minute they are running in, the next minute they are scrambling for the exit doorWas thinking GTB will cross 30 today. Tomorrow they start rushing in again ?? They need to probe source of their money.

Buy more naaa. Shebi N27 is cheaper than N29?

mendes911:


Buy more naaa. Shebi N27 is cheaper than N29?

#Mendes.

Agba has started throwing his cowries.

mendes911:
Buy more naaa. Shebi N27 is cheaper than N29?

When you buy finish first.

Mcy56:

When you buy finish first.

LOL. I will still do another round of 10% before settling for next year's market. Just waiting for any panic mood.