Stock Market Tips For Nigerians

@ the guru's in the house


When is the IPO of Japauloil? Or is it out already?

@easimoni
Thanks!!
Hey should I invest more in Access or FCMB? I have about 270k. What prices are good to buy GTB, Zenith and Oceanic for long term?
Thanks again

Thanks Toyibanj!
What's your take on the SKYE REIT situation? is it worth looking into?
Please give me your recommended stable stocks for 2009. I dont want to get pulled by all the hype and get stocks that will disappear like dew in a hot sun once a bearish trend starts. i am looking at GTB, Zenith ( when it comes down), WAPCO, CAP, EVANS, COSTAIN, IBTC, FBN, DSR, GROMMAC, UACN, UNILEVER, JOHN HOLT and some others. Can you add any more juicy ones i am overlooking?
Also, it looks like the insurance sector might be the next area to undergo recapitalization. Should I stick with old/known insurance coys like IGI, AIICO, UNIC, or look at the newer crop?
Thanks in advance

You are welcome , though i think you would do much better if you would answer our questions right here on the forum , if you read through the pages you would see questions that someone else may not have answered or have not given the right answer , you can correct and start from their , once again you are welcome .

@obasanjo2
The fact that you have not lodged in your Zenith bank certificate into your cscs account will not affect your dividend and bonus you are entitled to. The only thing is that you can't sell the shares until you lodge it in. If you want to lodge it in, all you have to do is to go to your stock broker(this is assuming you already have one) and give them your certificate, collect your receipt from them and tell them to lodge it into your account. Thats all

One of the reasons why firstbank stock has been gaining everyday now is cos investors want to gain from the dividends and the closing date for the payment is 20th of august , now what happens after that date , would it somehow slow down the upsurge that firsbank has been enjoying in the past few weeks ?

Nice work everyone on this thread.

Has anyone noticed the continuous rise in the price of Afribank shares?
Could anyone tell us what is driving this recent impressive rise?

Merci

Guys,

Apart from Access, which other company is on offer presently, or which other one is coming out before the end of the year?

Anyone hear anything about UBA share certificate? I wonder how long it will take to get it out?

Afribank was on suspension for a very long time. The stock is playing catch-up. The YE results just came out today and showed a PAT = 5.1B. This dropped the PE to a respectable 26. the growth % was also good. Certainly a stock to watch.

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Can anybody tell me what has happened to JULIUS BERGER shares today.

My online broking account is no longer showing them on my portfolio and i can't find them listed on any report of todays market???

Anyone know why this has happened? I can find no explanation anywhere,

Wicked eh? Some stockbrokers are outright personification of evil. I wanted NAHCO after the mark-down, a stockbroker bought for me @ N40. How do you explain that? I feel what you are saying man, I am still holding it. Why? Because I am not sure of what to do, I suppose the two of us are in the same boat right now.

@ All the gurus in the House
I am interested in IGI insurance but they are not listed on the NSE, how do I go about purchasing their shares and other private companies? Does anyone know if they ended up buying/controlling NICON like they were planning to sometime back?

Also, what's the expert take on Dangote Flour? Some sources in Nigeria say he has quite a considerable piece of flour market share, but the leader in that group (Flour Mills) is seeking to diversify into Cement Prod. in Calabar. So, Dangote Flour+ Obajana Cement VS Flour Mills + Flour Mills cement, Long term analysis. Gurus please dont let this question be buried, I am sure some people can also gain from it too,
Thanks in advance.



_{We are missing frankiriri, dollypcute, windywendy and others, abi because dem don get investment club dem don dey shun person???}

I bought IGI private placement last year. Nothing has being heard from them since then. This i believe is not being honest though i know they are one of the biggest insurance coy around. May there listing come soonest. Amen

Hello esteemed Nairalanders,
My uncle says there is a lack of dependable stockbrokers in Jos. Does any one have the knowledge to become a stock broker? I need NSE requirements for registration, estimated capital requirements, advertising suggestions, internet access required or not? ALSO, what are some pitfalls to look out for?? Crooks, areas one might lose money, etc. Thanks

@ all?
 Does anyone know if buying mutual funds from IBTC or ARM gives you a CSCS number? What if you move your existing shares/certificates to a stockbroker like Zenithsecurities? Do you get a CHN/CSCS number? thanks all

Buying mutual funds will not get you a CSCS number. You don't own any shares in a mutual fund, IBTC/ARM will hold them for you.

Dunno what a CHN number is, but you will get a CSCS number if you open an account with Zenith Sec. You'll need one to buy/sell on the secondary market.