pumping777:

"Oando and Ocean Oil Investment- 181,769,627 Ordinary Shares was created as a result of the scheme of arrangement between the two companies"

Can anyone explain how this may impact the outstanding shares of OandO?

Prince11:

Gurus in the house, I salute oh,

What will be the impact of this share reconstruction by Internatinal Energy Insurance,

Is it good or bad news?

moneypalav:

Hello ALL

DON'T FORGET TO RESPOND TO THE QUESTION SOMEONE ASKED EARLIER ,

i checked on Intenegins and could not find their name in all the site result sheet for the day what's up. do anybody know why they are not mentioned today?

crazyT:

Just as I earlier indicated, we just finished our meeting.
At first they both showed interest but as the meeting goes on Yemi (the youngest) lost interest because it’s too complicated and he doesn’t want to give his money to a stranger to keep.
But I will just keep on explaining to them with examples as majority of you here put it. DJ (the oldest) has agree that we should use part of their fire-works money to buy Aiico (PO) 50 euro each.

Thanks to all contributors on this topic, both for and against;


@Aksance, barge, chokit, easimoni and Londoncool

Goed gedaan,I with you on this i shall also cultivate the same habit.

Wij wonen in en dorp namen Castricum dictbij Alkmaar.

Hope we can share more important issues over NSE, Family and oppotunities in Netherland.I am working tommorrow so have a nice week end.

Prince11:

@ easimoni,

Thanks,

My broker also bought Transcorp (only 10,000), Diamond and GTB,
I am concerned about the 3 (Transcorp seems to have problems, , and this GDR thing affecting GTB and Diamond). I am learning fast enough to start issuing orders soon like all of una,
, should I just sell them all off before it is too late, or hold on,
I need to keep the little change working to the maximum,

easimoni:

I think you had not joined when Wanaj0 apprised us of this development. This now takes the no of shares to 753M (formely 572), I think. Some website, such as Naija Securities, had the larger number already. I don't think this is addition to that but a validation of what had been pending for month. I'm changing my sheet to 753M.

samstone4:

@CrazyT

Even as an adult you sometimes need to say "what the heck!" and splash out.

Birthday parties are some of the joys of our childhoods. The money spent in making them memorable is money very well invested in the happiness of our kids.

You should introduce your children to investing but in a gradual calculated manner but must not divert money normally spent on their day to day enjoyments of their childhoods!

Perhaps you should use windfalls e.g. unexpected money gifts or designated small sums from you on top of what they normally get.

Almost like religion "you can take the horse to the river but you cannot force it to drink". Those of your kids that will become keen investors will persist when they are out of your control others will escape from your tyranny of stock investing!

Goodluck.

Samstone4

Octupus:


2. I strongly believe that more often than not,stock bullish runs are based on sentiments and propaganda rather than company fundamentals and technicals.Therefore one needs to be very careful in transacting on such stocks.The danger is,if you don't enter and exit early with yor gains,it may all come crahing on you when the bullish run reverses.

Re: Stock Market Tips For Nigerians
« #7933 on: Yesterday at 02:49:13 PM »

--------------------------------------------------------------------------------
Guys
i checked on Intenegins and could not find their name in all the site result sheet for the day what's up. do anybody know why they are not mentioned today?

pumping777:

This is true for a short term trader and sure many folks here including myself try short term trading. If you don't sell today, the spreadsheet money may be lost in a few days. So wether it is 10% or 15% net short term, you cash out and smile to the bank.

However, for someone looking at say 6 months or even well above, this is not really an issue. Even though stock prices go up and down on a daily basis many of them will be heading in a particular direction long term. This is where buying a fundamentally sound stock comes in.

Consider the trader that has done multiple short trades with Zenith Bank in the last 2 years and made a lot of money. Maybe he/she buys today and sells in a month or even a week once a particular net profit is realizable.

On the other hand, consider the investor that bought the same stock 2 years ago and is still holding it today. He/she will also make a lot of money if he/she decides to sell now. So, despite the up and down movement of the stock price short term over the 2 years, the long term trend has been for the stock price to rise to it's current price. A fluctuation in price will not now bring it back to the price 2 years ago except something fundamentally goes wrong with the company or the NSE.

This is where good fundamentals come to play. If you buy a stock with solid fundamentals, over the long term, you are likely to make good returns. The daily or weekly up and down movements are not an issue.

So, depending on if you are a trader or investor or even both, you have to choose your strategy.

N.B. This your name na wa o. I fear you for this thread already

easimoni:

Shigidi,
You are always adding one point and throwing out another one.

iconbull:

@fatherof2
@kipneo
i'v bin reading u 4 some time.appreciate your contributns .bt don't u think buying wt premium is relative. imagine buyin access @ 21 premium,u must b double sure d stock will move ,which is not a certainty.if u shld buy on premium at all, i think u shuld ensure your deal has been crossed before payment is made as an operator ,i have seen things happenin wt premiums.so be careful sir.