Stock Market Tips For Nigerians

which kind of yeye mathematics is AIT doing, no be 4.8b them go get if they are selling 960m units at N5? wetin them wan do with the remaining 3b on top when them make the 1.8b wey them say them need?

original tief tief as fela talk!

or is there something i'm missing?

@Achika, I have tried it and it goes to the right page. Maybe you should try it again.

@pumping,

Your Sterling gist correct o!

E dey pain me say I go sell my 50K units I got before TS. I sell before d latest news hit market.

NSE wahala!

I got this from PROSHARENG

SEC Probes 6 Firms Over Shady Dealings
Dear Endy,

The Securities and Exchange Commission (SEC) has begun investigations into the activities of six companies over allegations of price manipulation and other sharp practices aimed at ripping-off investors.

The Commission, in a statement on Thursday signed by Lanre Oloyi of its corporate affairs department, gave the names as
1. African Petroleum Plc (AP);
2. Big Treat Plc;
3. Afroil Plc
4. First Aluminum Plc;
5. Capital Oil Plc; and
6. IPWA Plc.

SEC vowed to deal decisively with any operator found culpable of price manipulation or insider dealing.

It reminded all operators that insider dealing was a criminal offence in the capital market and urged them to always operate within the confines of the rules to ensure transparency and integrity of the market.


DO YOU HAVE ANY KNOWLEDGE OF ANY COMPANY WITH POSSIBLE LINKS TO SUCH PRACTICES? KINDLY WRITE TO OUR INVESTIGATIONS UNIT FOR MORE WORK - news@proshareng.com

If actually this is true, I think Mr. Napoleon should be a qualified candidate for investigation if he is actually what I read him to be from his last post.(Dont Ask me what I read him to be o)

I will appreaciate info on how to get online trade alert from NSE.

Cost and the process information will be a good idea.

Thank very much guys.

@ abocana,
You need to download and complete the trade alert form from CSCS website, here is the link for instruction:
http://www.cscsnigerialtd.com/modules.php?name=Content&pa=showpage&pid=18 the form is just at bottom left corner of most download section. Follow the steps and you will get your need.

All i know is that profit takers are already taking their profits that was why it dropped for a while but it is appreciating now and its over 12 naira.

Please i am very interested in d multilinks,starcomms,interswitch nd aso savings nd loans pps,i do commend this forum nd pray BABA OLUWA to giv us retentive memories to understand all d gurus in d hse better.please hit me bck at wb2022002@yahoo.com in regards to d pp i will apprecite.thanks

@ Nairlander


my good broker  promised He can get  first Inland for me on sec market, is it a good one ,

Also he mentioned Equityassurance , are these good for a CICO within the next 6 weeks - March ending

Eleven Nigerian companies including Dangote Plc are to be listed on both London and South African stock markets (Business Day).-

This is on the heels of a memorandum of understanding between the Nigerian Stock Exchange (NSE) and 13 stock exchanges across the world. It would be recalled that Diamond Bank plc was recently listed on the London stock market. Director General, NSE Ndidi Okereke, who disclosed this at the annual briefing and interactive session with the House committee on capital market, said the exchange would be going to those countries in the next two weeks to see which of the selected companies would qualify for the cross border listing.

The South African people are also looking at there own companies that match the listing requirements of the Nigerian Stock Exchange and already Dangote is qualify with ten other banks for the listing,” she said. She also said the NSE had already set up a committee to see to quoting and listing the Nigerian Stock Exchange on the New York, London, Egypt and Johannesburg stock exchanges, otherwise known as demutualization. She said this would enable Nigerians in any part of the world to be shareholders on Nigerian companies in order to create more wealth. “The reason this has not been accomplished is because the government of Nigeria called the NSE council and told us to take it easy that they didn’t think Nigeria was ready for listing the stock exchange and commercializing the activities of NSE and that the shareholders may force us into increasing our rates of charges and price our charges above the average Nigerians” said Okere.

The Director General said now that government is indicating its intention in demutualization the council of the NSE at its meeting last Friday set up a committee on demutualization of the NSE. She gave the assurance that the exchange will be completely demutualised before she lives the NSE.

It is one thing to list shares on the NSE and another to be able to trade the shares.

@Nairalanders

Latest from Mr Transcorp:

Some of the bones of contention on the board include:

1] Original investors selling more shares bought at 1N per IN share than the agreed proportion. The restriction was to have been in place for 2 years after listing on the exchange but the greed took over and "peeps" - to use a Nairalander word, started selling their loot and selling us "Talakawas" - the ordinary shareholders, down the Mississippi.

2] The renumeration of some of the senior employees and consultants were deemed excessive especially as no published record of profits!

Ironically, these items and the fall out may actually explain the recent recovery of the shares on the NSE and may indeed signal a buy. My reason, the greedy founders who were flouting the agreement not to sell can no longer do so with impunity and may be forced to take steps to retrieve the share price and placate us masses.

If my analysis is correct you will see continued surge in Transcorp price.
Else we the mob are going to "storm le Bastille", as mon ami, le Monsieur Rogue Trader - currently in a padded cell and dreaming of marrying Carla Bruni - will say.

Bon Chance

Samstone4

@ all who can help me with a site to get the pricelist list of previuos trades
Still waiting

@FATHEROF2

I HAVE A FILE I WOULD LIKE TO SHARE WITH YOU.

IF YOU DON'T MIND MY EMAIL ADDRESS IS DEBENZD@YAHOO.COM

I NEED TO JUGGLE SOME FIGURES

Pumping777

Please what is your take on Redstarex - is it too expensive to enter?

Pumping, I can see you are on the floor on this rare day when many are relaxing,
thanks and I hope you will respond to my mail too.

-Lasaco seems to be a stock to watch, at least there is no PO in sight, 3q result (879m) being the highest
in that sector and very likely to declare great profit. What is your position on it and what price are we looking at
in the next 1 month.

-What do you think Ikeja hotel price will be by march end, don't know why the stock is not rising despite
very good 3q result (690m) and share o/s just 1.85b, we expect the pe at year end to around 12 which is great,
I see the stock moving to around #12 considering the above statistic; what do you really think?

Thanks and please respond as I intend taking position next week.