Dangote is very qualified to be the president of the NSE

very crazy choice

I like to see how he 'monopolizes' everything this time around

I just got a job with a stockbroking firm as a marketer and it is an unbelievable opportunity for me cos i come from a very poor home. It is an unbelievable opportunity to earn my keep legally with a high sense of self worth. But alas, im at crossroads cos i have actually not marketed before and i dont know how to convince people admist the economic recession that this is the right time to invest, neither do i have the links or know the rich class of people. Please if there is a marketer in stocks there ,this is an sos call. Please i need tips on convincing people on investing in stocks before i loose my job. Dont just read and ignore me. Im desperate.

islet:

I just got a job with a stockbroking firm as a marketer and it is an unbelievable opportunity for me cos i come from a very poor home. It is an unbelievable opportunity to earn my keep legally with a high sense of self worth. But alas, im at crossroads cos i have actually not marketed before and i dont know how to convince people admist the economic recession that this is the right time to invest, neither do i have the links or know the rich class of people. Please if there is a marketer in stocks there ,this is an sos call. Please i need tips on convincing people on investing in stocks before i loose my job. Dont just read and ignore me. Im desperate.

I'm not a professional "marketer", but I know a thing or two about the psychology of successful marketing.
# 1. Rule. You can't convince an eskimo to buy ice from you unless you too believe that the eskimo desperately needs the ice.
So, the most important point for marketing is to believe, believe, and believe in whatever you're selling. If you do, all other things would just be added as technique and methods.

INTERNATIONAL ENERGY INSURANCE PLC
AUDITED FINANCIAL STATEMENT FOR THE YEAR
ENDED 31ST DECEMBER 2008 PERIOD 31ST DECEMBER 2008
PROFIT AND LOSS ACCOUNT INFORMATION
2008 2007

TURNOVER N1.642b N1.229b
DIMINUTION IN INVESTMENT FOR DOUBTFUL
DEBTS EXCHANGE LOSS N582.152m N49.885m
PROFIT BEFORE TAXATION N775.405m N910.408m
TAXATION (N302.688m)(N157.806m)
PROFIT AFTER TAXATION N472.717m N752.602m
RETAINED EARNINGS N38.372m N109.248m
BALANCE SHEET INFORMATION
FIXED ASSETS N1.995b N1.886b
STOCK N10.412b N5.798b
TRADE DEBTORS N4.547b N4.315b
CASH AND BANK BALANCES N319.052m N218.141m
OTHER DEBIT BALANCES N322.500m N326.500m
SHORT TERM BORROWINGS N1.522b N52.223m
OTHER CREDIT BALANCES N6.195b N1.949b
WORKING CAPITAL N12.862b N9.371b
NET ASSETS N11.437b N10.885b
CORPORATE ACTIONS PROPOSED DIVIDEND 5 KOBO PROPOSED
BONUS ISSUE 1 FOR 6 AGM SEPTEMBER 1 2009 CLOSURE OF
REGISTER AUGUST 10 TO 14 2009 PAYMENT DATE SEPTEMBER
8 2009 AGM VENUE METROPOLITAN HOTEL MURTALA MOHAMMED
HIGHWAY CALABAR CROSS RIVERS STATE

I also work for a stock broking firm. drop your email address so we can chat by email.

later

@ atilla,are u on yim? its been a while,i wanna ask u something on nigerian stock,thanks.

Hi Maray

Yeah i am email me nd ill send you my yahoo email from there, if I put it on nland my inbox would be full of spam and junk email.

Take cares.

@ Naijaking1. thanks 4 d advice. so i got 2 be passionate about stockbroking before i can sucessfully market it. I have tried to get all i can by googling it but it hasnt helped much. I've also tried looking for anything on stocks in bookstores but they suddenly seem to be scarce. I wasnt really trainned by the firm just basics of stockbroking. I really wish i had someone i could ask seemingly sillly but important questions cos im naturally curious and very eager to learn. Pls if there is any e-book or anything that can help too i would appreciate it. My email ad is tyrantsalive@yahoo.com.

@ Atilla. Thanks 4 d line. I would be glad if you could help too. tyrantsalive@yahoo.com

@Islet
Another technics is to try selling the most common/cheapest stock to someone you're familier with, eg your brothers/sister, or even kids. After you succeed or fail, you can always go back and do a self analysis of your presentation. Good luck, you can do it. Just believe

@islat,

You need to know the basic of stock market investment. In addition you should be in a position to advise your prospect on choice of stock. Somebody like me always want information from my broker to convince me on why i should buy a particular stock and in general why i should invest in stocks.

So friend be prepared on all these. I wish you good luck.

The Aiico result looks pretty good, i've got some units of those from their PO last yr or so, however i wish i had more right now. . . Anyone know whether the books have been closed for the year? Can i still buy more now and be considered for this 1 for 4 bonus?

@ Maray, Hi still waiting for your mail.

@Islet, I mailed you yesterday, hope u got it.

The Aiico result looks pretty good, i've got some units of those from their PO last yr or so, however i wish i had more right now. . . Anyone know whether the books have been closed for the year? Can i still buy more now and be considered for this 1 for 4 bonus?

Rather late.
Closure of register 10 - 14 Aug 2009.

@Naijaking, Atilla, Segefola, i know i shouldnt say i luv y'all but right now i really do! Thanks guys.

jamace:

Is there any danger in Dangote becoming the helmsman of the NSE?

Read between the lines vis a vis the Nova securities scam,and a resounding YES answer will stare you in the face

otokx:

Dangote is very qualified to be the president of the NSE

If he had any atom of dignity in him,he should have disqualified himself for obvious reasons instead of buying his way to the position and make believe as if nothing happened 

candylips:

very crazy choice

Very crazy indeed.It's things like this that make me remember the irony that was the logo of the now moribund national carrier;Nigeria Airways
A country where elephants flew in broad daylight without anybody raising an eyebrow is capable of springing the darndest choices on earth 

naijaking1:

I like to see how he 'monopolizes' everything this time around

Your guess is as good as mine

I wonder why the CEO of Wema bank was not fired,or could it be because of the strings being pulled by Tunde Lemo at the CBN
Damn,there was and still is so much rot in our banking industry.My advise to you fellas is to steer clear of banking stocks till the overall picture of this cleansing and it's outcome becomes clearer by year end or even first quarter of 2010

Funny enough I dont think it was wema banks current MD that caused the problems. From what i can remember it was some other guy who has been removed from the bank since and the bank is actually getting better so removing him might not be the solution and the fact he is still there might be a good thing.

atilla:

Funny enough I dont think it was wema banks current MD that caused the problems. From what i can remember it was some other guy who has been removed from the bank since and the bank is actually getting better so removing him might not be the solution and the fact he is still there might be a good thing.

true!


Hope Sanusi can pull some strings to get Madam removed its about time jare!!!

Rasputin

are you saying Dangote is guilty and Otedola is a saint?

NSE places five(5) banks on full suspension

The Nigerian Stock Exchange has hereby placed the shares of the following Banks on Full Suspension:

1.) Afribank Plc

2.) Intercontinental Bank Plc

3.) Oceanic Bank Plc

4.) First Inland Bank Plc

5.) Union Bank of Nigeria Plc



The decision to put these shares on suspension was taken this morning by the NSE in order to protect shareholders investment in the companies, following the removal of their MDs and EDs.

IMPLICATION

The implication of the Full Suspension is that, no form of trading can take place on the shares of the affected Banks until the suspension is lifted.

www.proshareng.com

Sanusi on the prowl. The changes continue.

Dis Guy:


Rasputin

are you saying Dangote is guilty and Otedola is a saint?

Did Otedola contest that position with Dangote Truth be told,in more decent climes,Dangote ought to disqualify himself following the scandals that trailed him,but alas this is Nigeria where persons accused of murder can win elections from the confines of the jail cell and the reward for for fighting corruption is to be hounded into exile

_{what im saying is that dangote is being painted black like these business men are clean
some said he bought them-sec and co, are we saying otedola to couldnt buy these media houses
to do the dirty on Dangote? or perhaps Otedola cant do teh same to Dangsugar n co?}

Anyway the little monies flying about will be going to the maniufacturing, insurance and construction sector soon
seems everyone is staying away from the banking sector

Hi. It is interesting that the Nigerian Stock market is gradualling coming back to life. Can someone advice me if 'Options Trade in Stocks' that is common in European and American markets is also actively done in Nigeria. I have unique expertise in that aspect of the stocks business.