robobo:


im positive he wld b on either side of d fence

amount sold since last three trading days is beyond d remit of retail investor.

its quite scary

I hope they didn't close ZB at 28

Jejebaba:


I hope they didn't close ZB at 28

They did, closed at 28 naira

NEM representing well.

Honeywell and UPL seems to be on a free fall.

Are we going to see a breakout for C&I Leasing?

Market down by 0.21%

Kenya Cuts Benchmark Interest Rate to 9.50%
https://www.businesspost.ng/2018/03/19/kenya-cuts-benchmark-interest-rate-to-9-50/

Will the CBN also cut its rate when it holds its MPC meeting early next month?

wanaj0:
NEM representing well.

Honeywell and UPL seems to be on a free fall.

Are we going to see a breakout for C&I Leasing?

Market down by 0.21%

I am sure there is a pending cross-deal at an agreed price

Agbalowomeri:


I am sure there is a pending cross-deal at an agreed price

They can do the cross deal without distorting the market! From 50kobo to almost N3.00! Hope Milost is not acquiring NEM also oo

wanaj0:


They can do the cross deal without distorting the market! From 50kobo to almost N3.00! Hope Milost is not acquiring NEM also oo

Newbie on the investment scene

Please how does Afrinvest stack up to Morgan in terms of efficiency in online trading, brokerage fees and ease of funding and taking out your funds?

Also, i try register on Morgan and they ask me to fill my details and they will send the account opening form to me but I have not seen anything from them. Anybody experienced such??

http://www.nse.com.ng/Financial_NewsDocs/21261_CADBURY_NIGERIA_PLC._FINANCIAL_STATEMENTS_MARCH_2018.pdf

wanaj0:


They can do the cross deal without distorting the market! From 50kobo to almost N3.00! Hope Milost is not acquiring NEM also oo

either way, i am sitting pretty!

No result came out today? Ahh! What are all the companies hiding?

PharmAlfred:
No result came out today? Ahh! What are all the companies hiding?

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/21261_CADBURY_NIGERIA_PLC._FINANCIAL_STATEMENTS_MARCH_2018.pdf

One result per day won't be bad na. Them say na result dey bring bear..

PharmAlfred:
No result came out today? Ahh! What are all the companies hiding?

No serious result today and the bleeding stopped. Let them hold their result oooo

mendes911:


No serious result today and the bleeding stopped. Let them hold their result oooo

UBA tomorrow

Agbalowomeri:


UBA tomorrow

Access first.... Though they are birds of the same feather.

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/21261_CADBURY_NIGERIA_PLC._FINANCIAL_STATEMENTS_MARCH_2018.pdf

They should have released this result when the bulls were very much around.

http://www.nse.com.ng/Financial_NewsDocs/21267_GLAXO_SMITHKLINE_CONSUMER_NIG._PLC._CORPORATE_ACTIONS_MARCH_2018.pdf

Special Dividend of N7.1kobo?? Any explanation?

mendes911:


No serious result today and the bleeding stopped. Let them hold their result oooo

There are positive indicators with respect to CBN quorum and next MPC meeting date announced. Also 2018 budget is soon to be signed. FPI are therefore slowing down selling which had been responsible for the bears. It had nothing to do with results.....With budget signed and MPC meeting delivering expected goodies, we might start to witness some uptrend. However, be wary of Donald Trump effect with respect to trade wars, North Korea talks, Russian interference in USA elections. The outcomes from all these should have a bearing. Don't forget anticipated USA rate hikes later this week.

davide470:
http://www.nse.com.ng/Financial_NewsDocs/21267_GLAXO_SMITHKLINE_CONSUMER_NIG._PLC._CORPORATE_ACTIONS_MARCH_2018.pdf

Special Dividend of N7.1kobo?? Any explanation?

Must be from that divestment

They sold part of the business recently and maybe they have idle cash. I suspect maybe the Parent coy needs cash to take out of Nigeria.

davide470:
http://www.nse.com.ng/Financial_NewsDocs/21267_GLAXO_SMITHKLINE_CONSUMER_NIG._PLC._CORPORATE_ACTIONS_MARCH_2018.pdf

Special Dividend of N7.1kobo?? Any explanation?

davide470:
http://www.nse.com.ng/Financial_NewsDocs/21267_GLAXO_SMITHKLINE_CONSUMER_NIG._PLC._CORPORATE_ACTIONS_MARCH_2018.pdf

Special Dividend of N7.1kobo?? Any explanation?

Expecting extra dividend from DF also....

Agbalowomeri:


Must be from that divestment

Divestment was 2016 and a special dividend of 60kobo was paid then.

bigjay01:


either way, i am sitting pretty!

You tried. Being selling to rebalance my portfolio. NEM cannot be more than 20% of my holding. Mbaaa

rebekah2011:
They sold part of the business recently and maybe they have idle cash. I suspect maybe the Parent coy needs cash to take out of Nigeria.

..checking their 9M:2017, and they were at a loss of N651m, so i am quite surprised where this special dividend is coming from

Dow/global markets back again
Volatility galore

wanaj0:


You tried. Being selling to rebalance my portfolio. NEM cannot be more than 20% of my holding. Mbaaa

when your average holding cost is 56k, you can sit tight and afford not to worry!

bigjay01:


when your average holding cost is 56k, you can sit tight and afford not to worry!

Average holding cost is less than 50kobo if you add dividends

I however have a strict policy. No single stock can constitute more than 25% of my portfolio (except GTB). Also, no sector should constitute more than 50%! To keep to the 'rule' some rebalancing must be done. So not really about fear.

How the market?.

Been very busy. What is the summary? Bull or bear?

mendes911:


Access first.... Though they are birds of the same feather.

Access said 5th March 2018. Till now they are yet to release. Mtchewwwww.

RabbiDoracle:
How the market?.

Been very busy. What is the summary? Bull or bear?

Fidelity closed on full bid today.some people want to use it as a gauge to buy fcmb/diamond tomorrow.
Meanwhile continental reinsurance at #1.80 declared 14kobo dividend and the share price nose dive today.
At #2+,can fcmb and diamond pay 14k dividend?...............kai kai kai....To them who want to rush in to the market tomorrow,oga oracle abeg show them that your pigeon trap pics.........

wanaj0:


Average holding cost is less than 50kobo if you add dividends

I however have a strict policy. No single stock can constitute more than 25% of my portfolio (except GTB). Also, no sector should constitute more than 50%! To keep to the 'rule' some rebalancing must be done. So not really about fear.

I have a question for you we can all benefit from. How much of your portfolio is in stocks and how much is in bonds at any time? Plus do you always keep some cash?

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