|Join Nairaland / LOGIN! / Trending / Recent / New|
Stats: 2,689,744 members, 6,336,619 topics. Date: Sunday, 13 June 2021 at 09:07 AM
|Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 11:33am On Jun 11|
Minimum holding period is 90 days oo for fixed income fund.
Eurobond Fund, a dollar denominated Investment has a minimum holding period of 180 days
|Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:34am On Jun 11|
Toluway:Was marked down for bonus issue of 1:6.
Risk taker bargain hunters should keep eye here.......DD applies.
|Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:40am On Jun 11|
Monday 14th June is the last qualification date.......
Since Monday has been declared as public holiday for Democracy Day, then today 11th June will probably be the last date for dividend hunters to pick.......if not yet seated in the bus.
Special Dividend : 55kobo
Bonus: 266 UPDC-REIT for every 1000units of UACN held (as at the last qualification date).
One entity or some entities seems to be selling while another one is buying @7.10...........this has been ongoing for quite some days now...........
We see what they're up to........once they're done satisfying their interests.
Quite a lot of activities here.........selling/buying/crossing upandan........
Pa Emma what's up here?
Increased activities observed here since yesterday..........lots of bargainers sighted on bid table @ different bargain junctions........
High volumes crossed at @12 in early market..........guess another director is taking his/her own position as well....
|Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:57am On Jun 11|
yMcy56:Uacn dividend is 55kobo, special dividend 65kobo making it 1.2Naira.
|Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:58am On Jun 11|
Mpeace:You're right. I've even posted it here before.......
**Pls edit my post you quoted**
|Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:08pm On Jun 11|
Mpeace:You mixed it up.....
Dividend is 65k
Special Dividend is 55k
|Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 12:17pm On Jun 11|
The market will respond when fund managers start considering equities.
FBN Quest Asset Management has over N220 billion in Money Market Fund, N13 billion in fixed income fund, $14 million in Eurobond Fund and less than N200 million in equity fund
|Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 12:33pm On Jun 11|
For United Capital Asset Management.
The funds under management are invested in the following
Eurobond Fund $71 million
Money Market Fund N11 billion
Fixed Income Fund N150 billion
Balance Fund N900 million
Equity Fund N1.4 billion
|Re: Nigerian Stock Exchange Market Pick Alerts by Kereokwu(f): 1:20pm On Jun 11|
Thank you sir,
|Re: Nigerian Stock Exchange Market Pick Alerts by Kereokwu(f): 1:22pm On Jun 11|
Weldon sis, pls will anybody buying today get the 1:6 bonus?
|Re: Nigerian Stock Exchange Market Pick Alerts by Truth234(m): 1:43pm On Jun 11|
Nigerian Equities Market Establishes Bullish Trend
FG Spends N612.7 Billion on Domestic Debt Servicing in Q1 2021
Ecobank Raises US$350 Million Tier 2 Sustainability Notes
CBN Debunks Report on Planned Nationalisation of Unity Bank
SpaceX’s Starlink To Provide Internet To Airplanes In Future
Togo, Niger, Others to Acquire Nigeria’s Idle Electricity
Dr. Kenneth Opara, Fidelity Bank Executive Director, Invests N67.513 Million in the Bank
Nigeria’s Debt Profile Hits N33.1 Trillion, Says DMO
Prestige Assurance Grows Gross Written Premium to N7.01 Billion in 2020
Sterling Bank Projects N38.360 Billion Gross Earnings for Q3 2021
Airtel Africa Announces Default Currency Exchange Rates for Final Dividend
MTN Shareholders to Receive N9.40k Dividend Per Share, 18.7% YoY Increase From 2019
Difference In BTC Spot and Future Prices Signals Bear Market- JPMorgan
Is Nigeria’s Start-up Ecosystem the Key to the Country’s Coronavirus Recovery?
Nexford University Lands $10.8M Pre-Series A to Scale its Flexible Remote Learning Platform
RAK Unity Petroleum to Shutdown as Shareholders Approved Liquidation
Sterling Bank Projects N38.360 Billion Gross Earnings for Q3 2021
|Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:55pm On Jun 11|
The qualification date already passed.
Whosoever is buying now will be doing so for possible price appreciation later..........or positioning for interim dividend.......coming up much later after Q2 result is out.
It's only UACN you can still qualify for, if picked today. After today, no more qualify.
|Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 2:10pm On Jun 11|
Anyone following ftncocoa dig for oil, will averaging down make sense for that stock?
|Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 2:19pm On Jun 11|
|Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 2:48pm On Jun 11|
ojeysky:Maybe you can either:
Average down and sell at minimal loss to move on.........or, turn it to long term investment.
........but I expect FTN Cocoa to re-strategize cos Agric Sector is now booming, they needed fresh innovation or needs to diversify.
**Caveat: Not any form of sell recommendation. Mr. Market has a mind of its own. If fund used in buying is not urgent or needed for any other biz, you may stay put, anything can happen in this market**
|Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 6:56pm On Jun 11|
When are they giving us our stanbic bonus? No date ?
Will buy more below N40 if I see it
|Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 6:58pm On Jun 11|
Vitafoam has returned 100% from N6.
Very likely their result will be wonderful again
|Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 7:03pm On Jun 11|
Stanbic may quickly rebounce to N45, then the bonus becomes sweet
|Re: Nigerian Stock Exchange Market Pick Alerts by Wapgod(m): 7:57pm On Jun 11|
WHAT DAY WILL THIS BONUS BE DISTRIBUTED TO SHAREHOLDERS?
I can't find that information anywhere.
|Re: Nigerian Stock Exchange Market Pick Alerts by Wapgod(m): 8:11pm On Jun 11|
Is ABCTRANS a good shares to buy and hold?
|Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 8:12pm On Jun 11|
The date bonus shares are to be credited to investors' cscs account is not normally stated by the company declaring it. Once you qualify, the stock marked down and regulatory approval gotten, bonus shares can be credited any time even if you sell all your holdings the bonus will still be credited to your cscs.
|Re: Nigerian Stock Exchange Market Pick Alerts by Wapgod(m): 11:22pm On Jun 11|
Please who knows any nigerian stockbroker who charges commission of 0.25% or less on shares buying & selling transactions?
|Re: Nigerian Stock Exchange Market Pick Alerts by bepositive11: 12:41am On Jun 12|
If you lose so much trading stocks, why do people still trade? Is it worth the risk?
|Re: Nigerian Stock Exchange Market Pick Alerts by Wapgod(m): 2:42am On Jun 12|
Guys I really need your help with this question.
If i submit an e-dividend form to my bank with my signature and passport picture.
Do i still need to complete a share transfer form and send it to my stockbroker?
|Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:38am On Jun 12|
You need to invest in your financial education.
Someone who just lost his job and has no back up plans and emergency reserves, needs a steady source of income before thinking of the stockmarket.
|Re: Nigerian Stock Exchange Market Pick Alerts by bepositive11: 7:22am On Jun 12|
Thanks for your reply.
True, I agree.
What about for someone who has a steady source of income?
|Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 8:05am On Jun 12|
I am a day trader.
I make 10% and also loose 10%.
I have a back up business that sustains my family while I engage myself in a supporting income which is trading.
When you loose your job and no backup business to sustain you, how do you think you will succeed in trading stocks which is full of up and down?
Even if you make 10% as profit in trading, how much do you think you can invest to make 100k as profit?
Go through pa Emma response to your post.I think he gave you the best answer.
I can trade and loose up to 10 times and still remain in the business because of my extra income.
Hope you get the point.
Secure yourself another thing to keep you going, then come back to this market and you will have a chance to survive the up's and down of it.
|Re: Nigerian Stock Exchange Market Pick Alerts by locodemy(m): 8:13am On Jun 12|
Hope the question is "I lost my job and have no other source of income.Can I make it using the available cash with me to trade".....?
|Re: Nigerian Stock Exchange Market Pick Alerts by bepositive11: 8:21am On Jun 12|
Thanks for your reply, but there's a misunderstanding. I didn't post the original question. I have a stable source of income and I'm looking to start investing.
I'm reading through the comments to learn. Some have been very helpful.
You mentioned in your previous comment that you gain 10% and lose 10%. If that's the case, why do you still do it?
|Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 9:16am On Jun 12|
If you bought shares from the floor of the NGX
It's through transfer form the registrars is suppose to get your signature specimen hence you are to complete the transfer form and submit to your stockbroker who in turn send to the cscs onward to the registrar. It's after that you are to submit your e-dividend to either your bank or the registrar.
|Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 9:19am On Jun 12|
Invest in your financial education
Save and have an emergency reserve
Live within or below your means
Invest what you have saved in whatever you have mastered eg real estate, business, fixed income, stock market, mutual fund etc. Although I recommend having a mixture of them.
Creat multiple streams of passive income cash flow
Pray for the best but be prepared for the worst.
The list can't be exhausted
|Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 9:26am On Jun 12|
Traders lose some and gain some, the strategy is to make sure their gains exceed their loses.
I won't recommend day trading for a newbie. Rather invest for dividends, you can then use you dividends to speculate. Or use just 10% of your capital for day trading until you have mastered your strategy and you have a good risk management plan
Viewing this topic: EMDIEY, akinola98, sasural
|Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health |
religion celebs tv-movies music-radio literature webmasters programming techmarket
Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 131