Born2berich:
The number of unemployment has been increased. Any idea of the oil price today, since peterichy has refused to give us further updates.

Intendy:
cardinal= okomu
first reg =honeywell
meristem=custodian

Coolcash1:


You can invest in stocks like Nestle, Wapco, Seplat, Oando, FBNH, Zenith, GTB....If your bias is penny stocks transcorp, tigerbrands, FCMB, diamond bank, Mansard won't be bad idea.

stokfrick:


Tnx guys. More pls


Zenith
Diamond
Skye bank
ETI
Livestock
Uac prop
Dangsugar
Flour mills
Tigerbrands
Nahco
Aiico
Pz
Honeyflour
Okomu
Custody insurance
Cutix

betcindy:
Is like fire in my portfolio
I lost my ETI. I bought @18.having a great loss on sterling,skye bank,35000 deap capital management , 59000 of UBA i bought @ 44 On January 2008 before capital market meltdown which is 4 naira today.

To be brief,i feel totally blown off just to mention but few before i decided to focus on FBNH with proceed from UBA that i sold off out of trauma to see if i can meet up lapses if there is still hope in banking sector.

mrsage:


Thank you. I will go for the penny stocks. Strictly long term.

ufotty2001:
my brother enter wisely!! don't just jump in!!!

debeey87:
Are companies operating in NASD binded by NSE/SEC rules as per when they're expected to release their financial results. How does one get details of their financial performance, dividend and bonus history.

Intendy:
This is to inform all NASD Brokers that a total value of 55,599,992.00 Naira, 9,928,570 units of CSCS Plc (SDCSCSPLC) was executed today (02/02/2016) as a negotiated cross-deal by GTI Securities Limited at N5.60 per share in one deal. Please be guided accordingly.

ufotty2001:
everywhere loss loss loss.... loss!!!

Born2berich:
Its good that you shared it. I believe you have been burdened with the loss all this while. A lot of us got our hands burnt too. Some people bought oando at N36, now it is N4. We shall recover our losses and make lots of cash this year.

Krisuba:



Zenith
Diamond
Skye bank
ETI
Livestock
Uac prop
Dangsugar
Flour mills
Tigerbrands
Nahco
Aiico
Pz
Honeyflour
Okomu
Custody insurance
Cutix

Chai. Oga na to start ur own stock market oo. u virtually but NSE nah!!!

debeey87:
Hello House,
If a company closes its register today and I sold all of my stocks in the same company today, will i still qualify for dividends or bonus declared by the company if its register closes today. Thanks.

Godisfaithful:
Sir,
Sell today = No dividends/bonus.
Sell tomorrow = You are qualify for dividends/bonus declared.
I hope you understand the simple explanation

Intendy:
YES cause you sold @ marked down price
but some registrars na were(mad)
That's why their is qualification date

debeey87:
You and Godisfaithful dey confuse me o. I understand qualification date, but d big question is if I opt out at the close of trade on the qualification date, am I still qualified?

Godisfaithful:

ABSOLUTELY NO SIR

Intendy:
You made mention of closure date in your question and not qualification date which are 2 different things.if you sell on qualification date,you are entitled to NOTHING.But on closure you will benefit

ufotty2001:
please, can someone tell me what is really dragging down banks shares price!!!

ufotty2001:
please, can someone tell me what is really dragging down banks shares price!!!

Elai147:
My advice to those with huge losses is to think carefully before taking a decision. If you have money you may average down AT THE RIGHT TIME. I have done this severally and it worked for me. However, if you don't have money you may consider cutting your losses, and moving on to a winning stock. It can be difficult to time the market, but if you can get your fundamentals and technicals right it may not be too difficult to be lucky sometimes. For example, going by @betcindy's post, if I bought 100,000 units of UBA @N44 in 2008, and assuming the time is now right, I would buy 1 million units of UBA @N2.80 and take my cost basis down to around N6.55 from N44+. Then I would relax because if I could hold since 2008, I can hold a little further till UBA gets to my current average purchase price of around N6.55 which may not be too far away. I prefer to do this than to sell at a huge loss. Remember, you are selling because you think it is the right thing to do while someone else is buying from you because he/she feels it is the right time to buy. I am not fan of 'averaging down'. This is just what I would do in some cases, and should not be taken as a recommendation to buy, buy and buy .

The problem we have is that some of us don't want to invest time and energy to learn the trades before diving into it. The truth is your losses will continue to outnumber your profits until you get your fundamentals and technicals right. Some of us invest without having any prior knowledge of the stock market. You don't need to be a stock analyst to be able to trade successfully in the market, but you need to know what you are doing. If you must invest without a good foundation your best bet is to go for long term, or invest in mutual fund instead of gambling with your hard earned money. Whether you are in for a short or long term, never invest what you can't afford to loose, and don't let your emotions run your portfolio. I remember what Robert De Niro said in a movie..."don't let yourself get attached to anything you are not willing to walk out on in 30 seconds flat if you feel the heat around the corner." Good luck!

chillykelly86:
The results being expected in the banking sector are not going to be good, if FCMB is anything to go by. We can safely assume that FCMB is this clear because their Q3 was audited. They're not the only banks with an exposure to the oil sector; if anything, they have one of the least exposures to the oil sector.

When other banks' books are audited, things will come out clearer. The huge dividend expectations may turn out to be a mirage. There may be a consequent stampede at the exit door instead.

I am selling down right now, as against popular opinion and I take responsibility for my actions. I could have kept quiet about this, knowing the sentimental backlash I expect, but let my conscience be cleared that I didn't hold back what may turn out to be useful information.

Peace