Stock Market Tips For Nigerians

Rasputinn, well done for holding forth.

Will Nigeria stock ex-change rising up again? Because the way am seeing it now am not sure,
Can you imagine Zenith Bank of people 23 Naira and UBA 15 Naira

Nigerian Breweries proposes N1.30 Kobo interim dividend

 

-Posts 2008 FYE warrants today
Peter OBIORA
Proshare NI
May 21 2009 at 17:49 GMT
 
 
 
Nigerian Breweries Plc (NB Plc) has today May 21 2009 proposed an interim dividend of N1.30kobo per share on the Floor of the Nigerian Stock Exchange (NSE) in Lagos Nigeria.
 
This is the first interim dividend for year 2009 Financial Year declared by the Brewing Giant.
 
However, NB Plc affirmed that the dates of closure of register of members are June 22 to June 26 2009; while payment date is July 02 2009.
 
As contained in the year 2008 Annual Reports and Accounts, the company’s Financial Year End (FYE) dated December 31 2008 has a total of 7,562,562,340 shares outstanding.
 
Prior to this time, NB Plc in year 2008 declared a series of interim and final dividends amounting to N3.40 Kobo in the review period.
 
A breakdown of this is as follows, October 08 2008 NB Plc declared N1.00 dividend, on December 29 2008, it declared another N1.90 Kobo and on April 03 2009 declared a 50 Kobo dividend totalling N3.40 Kobo in the period under review.
 
In the same vein, the Brewing Giant has today May 21 2009 posted the year 2008 final dividend warrant to investors of the company as contained in its Annual Reports and Accounts made available to Proshare NI.
 
The warrants the company affirmed would be posted to shareholders whose names appear on the company’s Register of Members at the close of business on Friday March 27 2009.


http://www.proshareng.com/news/singlenews.php?id=6591


Going forward,NB promises to deliver one of the best ROIs (IMO),I've got them in my line of fire for sure

Is this a good performance considering the economic meltdown?

Guys whatz the stock like of late?

for now the stock market is a no go area for me,   but i seek partnership that can raise five million naira for a foreign exchange project.   The partner receives sixty percent in one year. view details here,  http://www.nairaland.com/nigeria/topic-279555.0.html .

Best Wishes.

That advice maybe for last week, right now I would advise wait for the current profitakers to complete their onslaught unless you are investing for long term.

My people, see wetin Zenith Bank do o. They send rumour round that they were going to give bonus of 1:2 only to give 1:4 after people don rush buy the shares. It is biz sha, but I think this is kind of stealing by trick or wetin una think naa?

Pls house can i buy and sell stocks on a daily basis or two days intervals on d NSE with my CSCS account from d secondary market?Pls am a newbie,your reply is most needed.

I don't think it is possible. Transaction will take T+3 for the money to be available to you for the next transaction, where T is the day your shares were sold/bought. That is to say, every sell/buy order is completed in 4 days ( just say 1 week because trading on the NSE is for 5 days i.e monday to friday only). In essence, you can, at best, buy and sell once a week and this is assuming that you have a very efficient stockbroker that is up and doing. From experience, I have given oders for sell or buy to my stockbroker that stayed 3 weeks or more before execution.

@Poster
Please take the pains to read this Thread from page one to date for more incisive and educative contributions by members. It might not be easy but you will be glad you did.
You are welcome.

guyz i hate to bore anyone-and am so sorry if this is out of line with the current trend of discussion here but do help me if you have the answer


i am still pleading-whoever has got any info  as regards AFROIL-should please shed some light-good or bad-cos i have some good money in this stock-and i want to know what to tell my worrying heart

pls and pls-i really do need all the info i can get as regards AFroil

Zenith bank is really giving 1 for 2 bonus

hi,
i never knew there was a section on stocks.i would have been contributing earlier.

from some of the posts i have seen recently, there are a lot of newbies already investing or intending to invest in the stock market. Please, please, please you have to first get knowledgeable before you become a trader. its better for you to start investing passively while you get educated. you have to read books, attend seminars and so on. there is no perfect guru in any market but it is important for you to know how the market works, so that you do not burn your fingers.

@presido, what you just wrote is a NO,NO,NO. you should have learnt a lesson from the recent crash, i use to say 'only you can protect your investment'. so first get knowledgeable because if something happens you would say 'so,so person advised me to buy'.you need to first define your goals before knowing which stocks to invest in. but for now, when the market is recovering, target dividend and bonus giving stocks with good fundamentals.

@ernest,you have already said you are a newbie, i wouldnt advise you to start as a trader till you learn the ropes. so invest. get hold of stockwatch,moneywise, success digest extra and try to educate yourself.

@viewus,Afroil.hmn, there is still a lot of controversy surrounding this stock. it is a high risk stock with questionable fundamentals, i wonder who advised you to buy that in the first place. their case is still on.

i strongly believe in the nigerian stock market, unfortunately the goldmine we couldnt see, foreigners spotted out at a distance and pounced on the market.please key in before they take over our economy.

however, because i know that a lot of people do not have the basic education in stock investment and most of the books out there are a bit complicated, i have read a lot of them and attended some seminars that have left some people even more confused, i took it upon myself to write a book titled "Beginners guide to stock investment". it also has a 30days money back guarantee. So i would advise anyone interested or if you would like a free information first to contact me on 08055180507 or send me a mail to stockinvestment4newbie@gmail. with the text "i'm interested, give me details,your name,phone and email".meanwhile check out some useful stock articles at www.stockmarketnigeria.com where i write articles. My name is Faith Zakari. Call me for any clarifications.

re

For the blue chips that are shedding weight now,due to the effect of profit-takers,I'd suggest a little more patience till they drop a bit further before giving that buy mandate

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Can one confirm if oceanic is paying 70k dividend?