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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11126329 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:00pm On Sep 14, 2020 |
Good morning all. Is anyone here trading on AFEX Commodity exchange Nigeria. afexnigeria.com |
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 12:08pm On Sep 14, 2020 |
That 10million unit guy in WAPCO has showed up again but now at #14...i wonder why he didn't offer it @his usual #13 |
Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 12:10pm On Sep 14, 2020 |
thesilentone: For banks who wishes to checkmate against internal fraud, it is somehow necessary. |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 12:10pm On Sep 14, 2020 |
Parker6: It is legal, except if your employer had warned you not to have shares of other companies which you agreed to comply with |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 12:33pm On Sep 14, 2020 |
Princkez:He is not interested in selling. All he wants to do is create fake offers to subdue the price until he is done buying lows. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 12:39pm On Sep 14, 2020 |
Mpeace:i noticed he has removed it |
Re: Nigerian Stock Exchange Market Pick Alerts by ojesymsym: 12:53pm On Sep 14, 2020 |
Make una non vex, does Morgan also allow users see volume of shares on offer? If yes, how? if no, where do you get such info? Mpeace: |
Re: Nigerian Stock Exchange Market Pick Alerts by NewBola: 1:13pm On Sep 14, 2020 |
Good day, my ogas. Please what is your opinion on JB at 15.5. Is there a possibility of it going lower? Newbie investing for dividend andtrying to decide on good entry point. Thanks � |
Re: Nigerian Stock Exchange Market Pick Alerts by jamace(m): 1:15pm On Sep 14, 2020 |
dipoolowoo: ![]() ![]() ![]() 1 Like
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Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 1:19pm On Sep 14, 2020 |
NewBola: Also factor in the fact that their registrar will frustrate you. |
Re: Nigerian Stock Exchange Market Pick Alerts by DexterousOne(m): 1:30pm On Sep 14, 2020 |
Heishere: I beg to disagree What is the correlation between owning stocks and checking fraud? Your bonuses and salaries can be channelled towards stocks It's none of anyones business 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by DexterousOne(m): 1:35pm On Sep 14, 2020 |
Heishere: Frustrate in what way please? Let me know whether I will dump my holdings there |
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 1:35pm On Sep 14, 2020 |
This one that MD of Bank A has bank accounts in Bank B, C, D and many more. Heishere: |
Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 3:02pm On Sep 14, 2020 |
DexterousOne: That was in response to his question on why employers monitor employee accounts. I can assure you that bank employee' lifestyle is even monitored. Whether you are living above or below your means is checked. Is it salary account that won't be monitored? If the salary account of a bank employee is observed to be fat, it is likely a query will be issued to the owner to explain why he/she is not making use of his/her salary. What funds is he or she using to sustain himself. These are preventive measures often taken by banks to check internal fraud. It is not bad if his salary is used to buy stocks. But it is unwise to reveal he is buying that of a competitor, hence my advice. |
Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 3:05pm On Sep 14, 2020 |
DexterousOne: You go grow grey hair before they manage to attend to your request. |
Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 3:10pm On Sep 14, 2020 |
rebekah2011: You can own accounts with other banks. But he is planning to buy shares of a competitor. Besides those MD accounts are most likely audited by regulators. |
Re: Nigerian Stock Exchange Market Pick Alerts by thesilentone(m): 3:26pm On Sep 14, 2020 |
Heishere: The need to checkmate internal fraud does not mean it is legal. Checking through pr monitoring your employees' bank statements cannot be justified even in court just because you're trying to checkmate internal fraud. This is a clear breach of data protection laws except if none exists in Nigeria. Employees would make money suing their employers if this can be proved. Again an example of the law not working properly. |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:31pm On Sep 14, 2020 |
thesilentone: They have the account number of the workers, since they work in a bank the workers salary accounts will be domiciled in the bank which makes it very easy for monitor. All major accounts in Nigeria are monitored by EFCC and Special Fraud Investigation Units of the police force |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 3:32pm On Sep 14, 2020 |
GT gets a PFA license rumors......... ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 3:44pm On Sep 14, 2020 |
NSE Reclassifies Vitafoam Nigeria Stocks to Medium https://businesspost.ng/economy/nse-reclassifies-vitafoam-nigeria-stocks-to-medium/ Ellah Lakes to Supply Cassava to Subsidiary of Makers of Indomie https://businesspost.ng/economy/ellah-lakes-to-supply-cassava-to-subsidiary-of-makers-of-indomie/ CBN Explains How to Access N250bn Gas Investment Loan https://businesspost.ng/economy/cbn-explains-how-to-access-n250bn-gas-investment-loan/ The Challenges Facing Nigeria’s Economy https://businesspost.ng/economy/the-challenges-facing-nigerias-economy/ Top 10 Players in Nigerian Fintech Space https://businesspost.ng/technology/top-10-players-in-nigerian-fintech-space/ |
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 4:13pm On Sep 14, 2020 |
Re: Nigerian Stock Exchange Market Pick Alerts by Audacius: 5:26pm On Sep 14, 2020 |
Heishere: On the issue of frustration by registrars, maybe this experience might help some persons: I once had quite a number of pending e-dividend requests and was frustrated after multiple submission of applications to my bank, and DHL of requested documents to my stockbroker. I recall I had to go update my ID document at my bank and a customer care staff observed that the order of my name on the ID document was different from that on my BVN, hence the bank account. BVN was done at an e-branch of the same bank and the mistake was made. I had observed it on my ATM card but didn't think much of it. Someone I consulted told me that, legally, the BVN name order and name order on my ID documents are for different persons. E.g. Adekunle Chukwuma Ciroma is different from Chukwuma Adekunle Ciroma even though it's the same person writing their name differently. I went through an arduous journey of swearing an affidavit at the court and going to the line up at the notoriously queue-laden, few branches, you-know-which orange bank for the name to be corrected. After that, the dividends started pouring in. It was a delight actually. You are just on your own doing your thing and a random look at your phone Afriprud has paid all dividends from a particular stock for so many years. Yes, that was when I got my pending dividend from JB's GTL Registrars. The sad thing is no one told me NAME ORDER was the problem until that chance observation by the bank staff. I think about this possibility as one of the many problems whenever I see news items about the billions of unclaimed dividend and how government is unable to sleep well because of it. I think a feedback system is going to reduce it. Let people know why that form they submitted is not being treated. That should be easy in this digital age. SUMMARY: If you are having problems getting your dividends, check if the order of your name on BVN is same as on your ID document. Seems registrars' system will flag it as not to be attended to once name orders don't match. SUMMARY OF SUMMARY Check the NAME ORDER on your BVN and your ID documents. Do they match?! Peace! 5 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by DexterousOne(m): 6:17pm On Sep 14, 2020 |
Audacius: Thank you for the info |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 6:19pm On Sep 14, 2020 |
sellydion: Wow, hope it goes well |
Re: Nigerian Stock Exchange Market Pick Alerts by sophy17(m): 6:37pm On Sep 14, 2020 |
Audacius: Find below a court judgement in full support of your write up. Esenowo v Ukpong [1999] 6NWLT [PT 608]* 611. CAN THE WAY ONE WRITES HIS/HER NAME TURN THAT PERSON TO SOMEONE ELSE BEFORE THE LAW?* *In short, it may interest you to know that the way you write your name can make you someone else. Does it sounds funny?* This was established in the celebrated case of *Esenowo v. Ukpong* The fact of the matter was Dr. E. J. Esenowo applied for reimbursement from Nigerian Medical Council but the Council because there is no E. J. Esenowo but Esenowo, J. E. in the register of the Council denied him his demands. He approached the High Court and was refused his prayers. On appeal, Court of Appeal held that what the first defendant wrote in Exhibit H was true because the professional register for 1980 and 1981 entered the name “Esenowo, J. E.” not “E. J. Esenowo”. *In professional matters it is always of great importance to have one’s name inserted correctly.* The Court of Appeal therefore held that the Dr. Esenowo in the register of medical practitioners was J. E. Esenowo and not E. J. Esonowo, a correct statement of fact. *Is it true that the register of Nigerian Medical Council for 1980 and 1981 did not contain plaintiff/appellant’s name?* There is a world of difference between “J. E. Esenowo” and “E. J. Esenowo”. *The surname is Esenowo, the first and middle names being “Johnson” and “Esenowo” respectively. This will be rendered into “Dr. J. E. Esenowo” not “Dr. E. J. Esenowo” that the appellant in his pleading and evidence clearly claimed to be the correct name.* On appeal again the five Justices of Supreme Court *unanimously refused him his prayers because of this fact and agreed that the way someone’s name is written makes a whole world of difference.* The Court held as follows: *The surname is Esenowo, the first and middle names being “Johnson” and “Esenowo” respectively. This will be rendered into “Dr. J. E. Esenowo” not “Dr. E. J. Esenowo”* *That whole world of difference that the arrangement of one’s name makes, led the Supreme Court to hold specifically that “Dr. E. J. Esonowo is not registered with the Nigerian Medical Council.”* *The normal way of writing your name follows a specific order: First name (first) Middle name or Middle names (next) Surname (last). Example, in this case: Johnson (first name)* Esenowo (middle name) Esenowo (surname), i.e. Johnson Esenowo Esenowo The said normal way of writing your name should change only where any form or document you are required to fill out specifically states that you should write your surname first. In that case, the proper order is: Surname (followed by a comma), First name Middle name Example: Esenowo, Johnson Esenowo *But where the form or document provides boxes or different places labelled “Surname”, “First name”, and “Middle name”, simply write the required name (do not add any comma after your surname). Example: (1) Surname: Esenowo (2) First name: Johnson (3) Middle name: Esenowo.* Never write your middle name before your first name. It does not matter whether you are writing just the initials of your first name and middle name instead of their full version. *That was the mistake of Dr. Johnson Esenowo Esenowo. The Supreme Court held that he was Dr. J. E. Esenowo, not Dr. E. J. Esenowo. You can imagine the huge costs, embarrassment, and loss that the “simple” or “little” mistake of writing his name in the wrong order caused him.* *Be careful, therefore, to ensure that you write your name (whether in full or initials) in the proper order always and everywhere. Remember, the way you write your name can make you someone else, as it happened, unfortunately, to Dr. Johnson Esenowo Esenowo. This is the law on how you should write your name properly.* Thank you very much 3 Likes 2 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by prof2007: 8:23pm On Sep 14, 2020 |
Justcul: You are a WISE man. You will smile to the bank in the next 6 months! 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by HelipsTech: 8:39pm On Sep 14, 2020 |
Hello good evening everyone, I am a total newbie in stock, Please I am looking for very cheap stock I can buy with kobo and sell in a year or 2 when the price increased, please I need guidance and suggestion, thanks in advance |
Re: Nigerian Stock Exchange Market Pick Alerts by Audacius: 9:29pm On Sep 14, 2020 |
sophy17: Interesting. Law sha. Kinda reasonable. Thank you. |
Re: Nigerian Stock Exchange Market Pick Alerts by Parker6: 11:41pm On Sep 14, 2020 |
Re: Nigerian Stock Exchange Market Pick Alerts by Parker6: 11:42pm On Sep 14, 2020 |
Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 1:17am On Sep 15, 2020 |
HelipsTech: Looking for stock is not the first step in stock investment. The first step is to look for knowledge about stocks before looking for it. Read and acquire some knowledge so that you can make informed decisions about stocks. Since you are already here it's a good step in the right direction. There are many teachers here so concentrate on what you need to know and avoid distractions in no time you will be fine. Don't rush! the market is always there it's the investors, sentiments, companies, economy etc that changes. |
Re: Nigerian Stock Exchange Market Pick Alerts by HelipsTech: 5:46am On Sep 15, 2020 |
[quote author=emmasoft post=93935350] Looking for stock is not the first step in stock investment. The first step is to look for knowledge about stocks before looking for it. Read and acquire some knowledge so that you can make informed decisions about stocks. Since you are already here it's a good step in the right direction. There are many teachers here so concentrate on what you need to know and avoid distractions in no time you will be fine. Don't rush! the market is always there it's the investors, sentiments, companies, economy etc that changes.[ Please can I reach you through WhatsApp?] |
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