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ololufemi
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@ All Guys, what is happening to the Stock market. na wah oh  |
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Uche M
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HELLO LADIES AND GENTLEMEN,
I AM INTERESTED IN BUYING THE NEW ZENITH BANK FUND STUFF BUT I DO NOT KNOW WHICH ONE TO GO FOR BETWEEN THE EQUITY FUND (Capital Appreciation, minimum of 70% in Blue chip stock) AND THE INCOME FUND (Capital preservation and maximun of 20% in Blue chip Stocks)!
PLEASE ADVICE ON THESE TOPIC WILL BE HIGHLY APPRECIATED.
OR DO YOU THINK THE FUND ISN'T WORTH IT AND I SHOULD JUST GO FOR REGULAR SHARES IN THE SECONDARY MARKET? PLEASE KINDLY ADVICE AS I AM NOT SO MUCH EXPOSED TO THIS FUND STUFF? THOUGH I BOUGHT THE FIRST BANK HERITAGE FUND.
HOPE TO HEAR FROM YOU GUYS.
CHEERS
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FatherOF2
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@ Beginner, You need to run a scan on your PC. Its carrying a Trojan through this link you just sent.And i think it will pass it on to any unprotected PC that clicks that link. I lost some cool trading business because of this thing last year. Market is still making more recovery signs. You'll see it if you look in the right direction. |
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beginner
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Fatherof2
Thank you. What do you think about GTB?
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beginner
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Can the moderator kindly remove the punch message/link to avoid peoples computers being infected. I don't know how to remove messages on this site. Thank you.
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nazzyon (m)
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Can the moderator kindly remove the punch message/link to avoid peoples computers being infected. I don't know how to remove messages on this site. Thank you.
Just go back to the post and click "Modify" @ d upper right of the post. You will be able to edit the post. ________________________________________________________ If you still wish to ttach anotehr link. Go to www.proshare.comYou will get a brief explanation about the news |
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Geees
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HELLO LADIES AND GENTLEMEN,
I AM INTERESTED IN BUYING THE NEW ZENITH BANK FUND STUFF BUT I DO NOT KNOW WHICH ONE TO GO FOR BETWEEN THE EQUITY FUND (Capital Appreciation, minimum of 70% in Blue chip stock) AND THE INCOME FUND (Capital preservation and maximun of 20% in Blue chip Stocks)!
PLEASE ADVICE ON THESE TOPIC WILL BE HIGHLY APPRECIATED.
OR DO YOU THINK THE FUND ISN'T WORTH IT AND I SHOULD JUST GO FOR REGULAR SHARES IN THE SECONDARY MARKET? PLEASE KINDLY ADVICE AS I AM NOT SO MUCH EXPOSED TO THIS FUND STUFF? THOUGH I BOUGHT THE FIRST BANK HERITAGE FUND.
HOPE TO HEAR FROM YOU GUYS.
CHEERS
I have not yet read all the details, however if you are not keen on spending time looking at investments that is you put the money and leave it for years then the Equity fund should perform better. With some interest in the market you may beat the fund managers though (by buying into individual stocks). Also from your last sentence then invest in something else (why invest in two funds?). For instance buy 1 bank: GTB, PHB or UBA 1 coy like Dangote sugar and leave it for the period you also wanted to leave the funds, See which yielded better returns, Essentially the decision is up to you, Happy investing |
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rasputinn (m)
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Good to see some semblance of resurgence on the floor
Question is,will it be sustained?
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ivons
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where is everybody?the last post was ages ago,is there nothing new in the market?
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ivons
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where is everybody?the last post was ages ago,is there nothing new in the market?
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rasputinn (m)
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Tripple Gee & company Plc made public its audited year end result for the period ended 31 March, 2008. A break down of the results revealed that the company made a turnover of N0.775 billion as compared to N0.631 billion recorded in its last financial year. Clearly showing an increase of 22.82 percent.
Profit before tax grew by 95.45 percent during the period under review from N0.066 billion in 2007 to N0.129 billion in 2008. After tax profit stood at N0.101 billion as to N0.052 billion recorded in 2007, signifying a growth of 94.23 percent. The company has proposed to reward its shareholders with a dividend payment of 15 kobo and bonus issue of 1for 2. Its closure date is 3rd - 7th July and payment date is 17th July.
Now we know the reason for the sustained rally in it's price
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freelance (m)
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Guaranty Trust Bank plc, one of the largest and most profitable financial institutions in Nigeria has surpassed projections made by declaring a pre-tax profit of N27.4 billion for the 2007/2008 financial year.
In line with its progressive dividend policy, the Bank is recommending the payment of a gross dividend of 95 kobo per share, comprising 70 kobo per share final dividend and 25 kobo per share interim dividend, which was paid out in December 2007.
The Bank’s board of directors is also recommending that bonus shares in the proportion of one new share for every eleven shares currently held be issued to shareholders.
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frontliner
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Big Treat Plc 2007 Audited Account. Turnover 07 N3.0B 06 N1.58b Profit before Tax 07 N353.2M 06 n154.6M Taxation 07 N107.3M 06 N23.55M Profit After Tax n245.86M 06 N131.0M Dividend 10kobo Closing Date 07/07/08 P/Date 18/07/08.
intercontinental Bank PLC 2008 Audited Account.Turnover 08 N173.5B 07 N87.3B Profit before Tax 08 N45.6B 07 N22.5B Taxation 08 N10.8B 07 N7.0B Profit After Tax 08 N34.7B 07 N15.48B Dividend - 40K Closing Date 20/6/08. Members can take positions in the secondary market as desired. Thanks
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KnowAll (m)
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Previous Quotes: Wanaj0, Fatherof2, Pumping, aktopgun,
I think UBA has hit striking distance for people with large volumes. At N62.50
Looks set to hit N75 to N76.
Any thoughts on this
" UBA was above N35.00 this was the IPO PRICE, if I had known I would have sold at N62.00, Whats happenining in the Banking sub-sector, is this usaual trend or what, gurus in the house what is your take on this downward spiral".
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KnowAll (m)
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Previous Quotes: Wanaj0, Fatherof2, Pumping, aktopgun,
I think UBA has hit striking distance for people with large volumes. At N62.50
Looks set to hit N75 to N76.
Any thoughts on this
" UBA was above N35.00 this was the IPO PRICE, if I had known I would have sold at N62.00, Whats happenining in the Banking sub-sector, is this usaual trend or what, gurus in the house what is your take on this downward spiral".
"My Mistake - I mean UBA was below N35.00 this was the IPO PRICE last friday"
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MyPeace (f)
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E bi like say u no no wetin dey happening for uba. the price was adjusted for the bonus of 1:2 they declared. so if u have 600units before now u have 900units plus dividend, cant remeber the dividend amount declared.
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frontliner
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UBA was sold for N32.78 on Monday 9th June 2008
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hispy99 (m)
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I'm looking to invest a share of my profits i made through the FOREX on stocks, I currently trade the foreign exchange spot market and did like 67.4% on my personal trading account this month but 33.7% for my clients off their invested capital of $10,000 since all monthly returns are been splitted 50:50, Please all Stock guru in the house, tell me your view on Guarantee Trust, : I'm looking to Long that Share! but need the veterans in the field! If you're looking to invest in the FX, then view here www.currexgroup.com or call 08025853063 08061682118, But for Stocks!, I need the Gurus advice,  I train too on weekends, especially those looking to outperform currency the market. Ok, enough of all the talk, good forex traders don't make good stock traders, lol Please all Stock guru in the house, I need your advice tell me your view on Guarantee Trust. is it a good bye? oga o, u don reach here with your forex tin? So you now make 67% a month and no more 27%? I tire for you o. This is a forum for stocks not forex, abeg carry your 67% someehere else. |
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hispy99 (m)
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did you correctly read my post?
67.4% on my personal trading account this month
33.7% for my clients off their invested capital
my reason for been here is this which i posted "Please all Stock guru in the house, I need your advice tell me your view on Guarantee Trust. is it a good buy? .
are you honestly from the united states as displayed on your profile? wheeew,
I am going to do the smart thing and ignore your future posts on this forum. I post here regularly and I believe it is prudent for me to let my fellow people know how you have been posting this your GUARANTEED 67% or 33% forex return or whatever in various forums. oops, you did not put the guarantee in your post? What happened? You are no longer guaranteeing the return? why now? I want GUARANTEED 33%, or is that not what you were offering before? I hope the bears did not consume your guarantee o  Yes, you posted that you wanted info on GTB after you had conveniently advertised your famous 67% (or is it 33%, hmmmm, in the other forum it was 27%, so it's now 33%? ) return including providing your cell #. Your post was 70% forex related and 30% GTB related, and you want us to believe that the reason you posted it was because you wanted more info on GTB? I tire for u o. No, I am not in the United States. Go figure! |
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hispy99 (m)
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did you get a chance to view my website www.currexgroup.com ? any GUARANTEE Statement there? and could you provide a post i made where i posted GUARANTEED? provide the link and not the copied statement, As a market currency veteran and an authorised Introducing Broker and Fund Manager with the UK and US Clearing Firm i work with, No GUARANTEED Statement can be issued or even pronouced by a qualified Fund Manager even if we know there's huge profit been made from this asset class of it's own. Even the Banks, Hedge Funds, and Huge Financial Institutions have the below statement on their websites or Limited Power Of Attorney Forms they give to their clients regardless of the billions been made on a monthly basis by the HUGE Players, ***customers should be aware of the risks associated with over-the-counter, spot Forex. In the off-exchange, also called the over-the-counter market, a retail customer trades directly with a counterparty and there is no exchange or central clearing house to support the transaction.Forex trading is highly speculative in nature which can mean currency prices may become extremely volatile. Forex trading is highly leveraged, since low margin deposits normally are required, an extremely high degree of leverage is obtainable in foreign exchange trading. A relatively small market movement will have a proportionately larger impact on the funds you have deposited. You may sustain a total loss of your funds. Since the possibility of losing your entire cash balance does exist, speculation in the Forex market should only be conducted with risk capital you can afford to lose which will not dramatically impact your lifestyle. **** So, ? may we have the direct link where i posted a guaranteed statement for our viewing, ? Replying your post doesn't speak well of my credibility, I would Just Ignore your future posts if you can't provide a direct link where all members could click and view the GUARANTEED statement I made! Warmest Regards I copied two of your posts (the links are also provided) because I did not want you to go ahead and DELETE or EDIT them. So promising 25% ROI is not a guarantee  . Make I go check my dictionary. Enuf said! Now you show me where the banks or huge financial institutions you mentioned in your post have promised 25% monthly return. Please provide the link, like I have done in your case. I guess your license needs to be revoked with the guarantees promises that you have been making as an authorised Introducing Broker and Fund Manager with the UK and US Clearing Firm POST 1 http://www.nairaland.com/nigeria?topic=140923.msg2353777#msg2353777Making Over 50% ROI is easy for us at EdgeForex Investment Ltd. That's why we promise an average of 25% ROI monthly. Learn the tricks directly from us and learn to use the profound tools we use to dissect and enable us outperform the market in all market trends, BULL, BEAR, Or FLAT. Our Training Fee is affordable and geared towards those who wants to make a living off trading FOREX. Below is our detailed course Fee If you're looking to enroll; 4Students - $1000 3Students - $800 2Students - $600 1 Student - $400 *** If you Wish to pay in NGN, Kindly do the conversion using N120 to 1 USD Call 08025853063, 08061682118 Or email: currexgroup@gmail.com or vist www.currexgroup.com for details We also do managed accounts, Kindest Regards EdgeForex Investment Team. POST 2 http://www.nairaland.com/nigeria?topic=138439.msg2315595#msg2315595Earn $2500, $5000, $7500 profits on $10,000, $20000 and $30,000 investment or more , as we DELIVER over 25% monthly Profits on our MANAGED FOREX Accounts program meant solely for Individual Investors, Banks, Large Financial Institutions and Corporations: Forex Training & Signals are also available from our crack professional traders based on top proprietary and profitable forex strategies and systems. EdgeForex Investments: 1 Fasanya Street Ketu, Lagos Nigeria www.currexgroup.com www.forexgreenland.com (live forex trading room) 08025853063, 08061682118 |
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hispy99 (m)
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wow, now i know you're truly not from the states, or probably you're not intelligent enough, the two words PROMISING and GUARANTEE means the same thingvisit www.dictionary.com to see differences, and secondly you said FORUMS, where are the others??? and is there a GUARANTEED statement there? I think it's best to read and understand statements carefully before posting negative comments!, LOL you're amazing  I need to take a nap, I'll reply your post tommorrow if it's WORTH IT, Thank you for the link to dictionary.com. I guess I am not intelligent and you are obviously a genius . I repeat, I am not in the United States, but in a village in Osun State (if that will make you happy ) This is how dictionary.com (the link you graciously provided in your infinite wisdom) defines guarantee: guar·an·tee Audio Help /ˌgærənˈti/ Pronunciation Key - Show Spelled Pronunciation[gar-uhn-tee] Pronunciation Key - Show IPA Pronunciation noun, verb, -teed, -tee·ing. –noun 1. a promise or assurance, esp. one in writing, that something is of specified quality, content, benefit, etc., or that it will perform satisfactorily for a given length of time: a money-back guarantee. 2. guaranty (defs. 1, 2). 3. something that assures a particular outcome or condition: Wealth is no guarantee of happiness. 4. a person who gives a guarantee or guaranty; guarantor. 5. a person to whom a guarantee is made. –verb (used with object) 6. to secure, as by giving or taking security. 7. to make oneself answerable for (something) on behalf of someone else who is primarily responsible: to guarantee the fulfillment of a contract. 8. to undertake to ensure for another, as rights or possessions. 9. to serve as a warrant or guaranty for. 10. to engage to protect or indemnify: to guarantee a person against loss. 11. to engage (to do something). 12. to promise (usually fol. by a clause as object): I guarantee that I'll be there BTW, I hope you enjoyed your nap  I hereby rest my case. |
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rasputinn (m)
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@ hispy & whitewash
Even with the exodus of most of the gurus(most of whom still visit occasionaly),the stock thread is peopled by real market gurus that serve as "in built anti virus soft ware" to quickly spot dubious posts on the thread and subsequently issue a caveat emptor warning to other posters,so no point over-flogging the issue
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Gdyne
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IPO FOR: Nigerian Sports Lottery.
Please can anyone advise if it is profitable to buy NSL IPO coming up on 16th June.
Since one of their targets is to offset loans. Please your advise is appreciated.
Thanks.
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lai-lai (m)
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wats goin on with the market, hav been busy so i havent been paying attention but wat i just saw in the market was scary until i read about the reasons, wat do u guys think?
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nazzyon (m)
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I don't seem to know what went wrong with my Bank PHB certificate.
I think I will bombard First Registrar office tomorrow. A don dey sick already.
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Dis Guy
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so Ndi and co said they didn't freeze the market so what happened? CBN said they didn't stop margin-trading- so what happened? too many rumuors and denials-someone is playing woth your money and your heart!He explained that the new policy, which was announced two weeks ago, was to guide against frivolous pricing of shares and to promote market liquidity. we heard about this many weeks ago, and how comes it only came in or appear to start yesterday?  |
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rasputinn (m)
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Union Diagnostics set for listing on Exchange
Posted Monday, June 9, 2008
Shareholders of Union Diagnostics and Clinical Services Plc have been assured that the company's shares would soon be traded on the floor of the Nigerian Stock Exchange (NSE).
The company's Managing Director, Dr. A.O. Akinniyi, who gave the assurance at the company's ninth yearly general meeting recently in Lagos said that the firm had concluded necessary documentation as required by the regulatory authorities to facilitate the listing of its shares on the exchange.
Akinniyi, however, admitted that the reality of the initiative depended largely on the NSE and the security and Exchange Commission, who were however commended for giving the company "necessary encouragement."
The Guardian learnt recently that senior officials of the company were in Abuja last week in pursuit of this. This was in fulfillment of Akinniyi's promised at the yearly general meeting that the company would submit necessary documents to NSE and SEC early last week.
Earlier in his speech at the yearly meeting, the company's chairman, Ambassador B.A Adeyemi described its performance in the year under review as outstanding.
In his words: "The company's turnover grew by 153 per cent from N215,381.63 in 2006 to N545,784.83 and its profit before tax grew tremendously by 388 per cent from N64,374.73 in 2006 to N314,565.97. The company's profit after tax hit N255,078.36 which is an increase of 329 per cent from last year's figure of N59,367.96."
He added: "This outstanding performance is attributed to efficient and more comprehensive services, dedication of staff as well as increased funding from our shareholders during the 2005 private placement resulting in increased client base."
Adeyemi lauded what he described as the overwhelming confidence of the investing public on the company, which he said was demonstrated by the over 262 per cent oversubscription of its private placement in August 2007.
He disclosed that at the end of the private placement, the shareholders' funds grew from N408, 442.57 to N3, 086,399.55 as at December 31, 2007 and the number of shareholders from 127 to 8,336 in 2008.
"Due to the overwhelming confidence of the investing public and the need to allow our numerous shareholders the opportunity to share in our success story, the director decided to accept in full all applications for shares in the private placement," he further disclosed.
The Union Diagnostics boss lauded some positive developments in the economy during the year, just as he tasked the Federal Government on the need to improve the operating environment.
According to him: "The year 2007 was indeed a remarkable year for our country. The economy witnessed a boost in the oil and non-oil sectors as a result of increased oil exports, high global crude oil price, government policy on privatisation and peaceful transition of government. The stable political environment rekindled the confidence of foreign investors who now perceive Nigeria as a strong, emerging economy. The CBN monetary policies also impacted on the exchange rate which has been stable."
He, however, regretted: "Nevertheless, the problem of militancy in the Niger Delta and inadequate infrastructure, especially in the power sector, continue to affect the economy, thereby increasing the cost of doing business. We call on government to make every effort and necessary investments in other to reduce the cost of doing business in the current financial year and beyond."
Adeyemi also disclosed that the company would establish seven more branches in seven states to increase its spread in the country to 16 states.
"It is worthy to note that our Maiduguri branch receives patients from Niger Republic, thus increasing our international spread," he said. -
Guardian
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