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Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:22pm On Jan 29, 2021 |
samguru:The honey in the well |
Re: Nigerian Stock Exchange Market Pick Alerts by BrokerHaruna: 2:23pm On Jan 29, 2021 |
BTC, XRP and BTT cryptos are on fire! |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:26pm On Jan 29, 2021 |
BrokerHaruna:Remove XRP jare that one is digging low na... Abi you know dey current ni? |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:27pm On Jan 29, 2021 |
Mcy56: Na their way na... They always look for reasons to shout I warmed una 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 2:39pm On Jan 29, 2021 |
ukay2: If they do not offer higher price, then the herd will push it up. Either way it is a speculative punt. 15-20% will do me |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:47pm On Jan 29, 2021 |
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Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 2:54pm On Jan 29, 2021 |
bigjay01: Ok Good way..... |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:57pm On Jan 29, 2021 |
bigjay01: |
Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 3:28pm On Jan 29, 2021 |
http://www.nse.com.ng/Financial_NewsDocs/32292_FBN_HOLDINGS_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_20.pdf This Elephant is big for nothing. Every year Elephant has been cnsistently disappointing me, this year is not an exception even after injection of #25 billion I will wait for their audited report sha |
Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 3:39pm On Jan 29, 2021 |
Lasaco to issue bonus of 1 for 4 and trade suspended for two weeks starting from Monday. Please what is the qualification date for the bonus as it was stated in the letter? http://www.nse.com.ng/Financial_NewsDocs/32276_LASACO_ASSURANCE_PLC%20NOTICE_OF_SHARE_RECONSTRUCTION_C.pdf |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:47pm On Jan 29, 2021 |
samguru:It is one of my JIJO stock since how many years now |
Re: Nigerian Stock Exchange Market Pick Alerts by Bbbwings: 3:50pm On Jan 29, 2021 |
Heishere:Sir is it really bonus |
Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 3:54pm On Jan 29, 2021 |
Bbbwings: We wish to inform our esteemed Shareholders and the General Public that following the approval of the shareholders of LASACO Assurance P1c. ("the companylLASACO", .t the 39t1t Annual General Meeting of the company held on 8th october, 2or9, the company has obtained regulatory approvals to reconstruct its issued and fully paid-up Share Capital of 7 ,334,343,421 Ordinary shares of S0kobo each in the ratio One (L) new Ordinary share for every Four (4) Ordinary shares previously hetd by the shareholders of LASACO Assurance Plc. it implies bonus na |
Re: Nigerian Stock Exchange Market Pick Alerts by Bbbwings: 3:57pm On Jan 29, 2021 |
Heishere:O thanks. Im in thanks to ogg I hope i qualify |
Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 4:06pm On Jan 29, 2021 |
ukay2: At KM35, I go share grace for the house. |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 4:24pm On Jan 29, 2021 |
longlife20: yMcy56: Bbbwings:See posts on Lasaco in Dec 2020. It's share reconstruction and not bonus. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:24pm On Jan 29, 2021 |
Shares reconstruction We wish to inform our esteemed Shareholders and the General Public that following the approval of the shareholders of LASACO Assurance P1c. ("the companylLASACO", .t the 39t1t Annual General Meeting of the company held on 8th october, 2or9, the company has obtained regulatory approvals to reconstruct its issued and fully paid-up Share Capital of 7 ,334,343,421 Ordinary shares of S0kobo each in the ratio One (L) new Ordinary share for every Four (4) Ordinary shares previously hetd by the shareholders of LASACO Assurance Plc. it implies bonus na[/quote |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 4:28pm On Jan 29, 2021 |
yMcy56:See other explanation, same Dec. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Bbbwings: 4:28pm On Jan 29, 2021 |
yMcy56:Thanks |
Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 4:30pm On Jan 29, 2021 |
Heishere: bonus? you must have read it upside down It was for share reconstruction which was always in the works anyway 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 4:36pm On Jan 29, 2021 |
Heishere: See what our NSEMPA baby is calling bonus Anyway it is share reconstruction and not bonus. That is if you have 1,000 units of LASACO after reconstruction your units will reduce to 250 units and the share price will be multiplied by 4. Thank you 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 4:38pm On Jan 29, 2021 |
Bbbwings:You don't have to panic if you have Lasaco however. The units you have will be divided by 4 and the price will be multiplied by 4. For instance, if you have 40,000units, after reconstruction it will become: 40,000÷4 = 10,000units (post reconstruction) The price will change by then: Closing as @ today = 0.42kobo Post reconstruction price = 0.42 X 4 = 1.68kobo. *Modified* So you have nothing to loose. ** I suspect that Lasaco may likely come up with BONUS issue after the reconstruction or DIVIDEND which will become gain for you by then. ** So don't take any action in haste after suspension is lifted. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ggoldmine(f): 5:09pm On Jan 29, 2021 |
Please, I'd like to understand why Nigerian companies prefer to dilute shares in the name of issuing bonus, instead of executing share buyback? How is one better than the other? Llizyy: |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 5:31pm On Jan 29, 2021 |
yMcy56:If they give bonus after reconstruction, what is the need of reconstruction? Anyway in Nigeria many things goes anticlockwise. Always manipulative avenue to achieve their goal. Unity bank reconstructed I think up to ten units of share to one, and today where are they, back to base. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 5:47pm On Jan 29, 2021 |
Lasaco wants to raise capital. The share price will likely go upwards. Rights and Public offers and private placement loading. Chibuking81: |
Re: Nigerian Stock Exchange Market Pick Alerts by SA44LA44(m): 6:01pm On Jan 29, 2021 |
please guys what CSCS settlement. Got a credit alert to my bank account. |
Re: Nigerian Stock Exchange Market Pick Alerts by ololufemi: 6:15pm On Jan 29, 2021 |
Re: Nigerian Stock Exchange Market Pick Alerts by ololufemi: 6:18pm On Jan 29, 2021 |
BrokerHaruna: With what happened on Wall Street yesterday via Robinhood, etc, the era of cryptos may be getting more attention. Can that surprising activity ever happen on the floor of the NSE? |
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 6:49pm On Jan 29, 2021 |
9free: Not likely to reach km35 |
Re: Nigerian Stock Exchange Market Pick Alerts by parisbookaddict(f): 6:52pm On Jan 29, 2021 |
megawealth01: when do you think this price correction will happen |
Re: Nigerian Stock Exchange Market Pick Alerts by Analyst01(m): 7:18pm On Jan 29, 2021 |
https://nairametrics.com/2021/01/29/ecobank-transnational-inc-records-24-increase-in-profit-after-tax-for-q4-2020/ @currentprice; @ymcy56; @megawealth01, What do you think of the ETI result? |
Re: Nigerian Stock Exchange Market Pick Alerts by PharmAlfred: 7:27pm On Jan 29, 2021 |
Nem Insurance almost doubled their profit for the year. Nice growth. |
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