hi everyone,
its been quite an age that we chat together on stock market issues via this forum. Though i have been busy doing other things for myself, am back now to rob mind with my fellow finance savy pals on this land called NAIRA.

i thank all those that sent me mails and quick recovery messages. i appreciate you guys. However, we should not allow this forum die a natural death like every nigerian govt policy and project .

Are you intending to start your own biz or have a presentation before a bank or the dragons den, you really need to work diligently and passionately on your financial and cash projection to beat those guys. To achieve this, you need a PROFESSIONAL CHARTERED ACCOUNTANT to do this for you. contact rbo.partners@gmail.com, remmychess@yahoo.com or 08055628489.

why not invest the money in BANK AFO ONU!!!

i appreciate all the gurus for their time and efforts in taken us to some sort of indepth understandin of what money mkt is. my question is how does does CSCS a/c works? Is devidend and bonus credit to CSCS a/c or otherwise?

@ Bulwarkgold: the CSCS (cental security clearing system). is an electronic account being run by the federal government of nigeria, it takes account of every share holding in the nigerian stock exchange and it protects investors from fraudulent stockbrokers as you get sms alert on your phone for every activity that goes on in your account. you can only register through a stockbroker, you can buy directly from the market into your CSCS account but if you already own shares in certificate form, you can also de-materialize it into the electronic account. you'll pick the account opening form your stock broker, fill with the stock transfer from which will be sent to the registrar of the stock you are holding. it will then be credited into your CSCS account once you have been confirmed the rightful owner.

Your bonus can also be credited to your CSCS acount once you fill the e-bonus form but your dividends will still be sent to you via mail to be paid into your bank account. i hope this will help. please feel free to ask more questions where you need clarification.

Please I want to know whether it is possible to invest in the stock market without a postal address going by the introduction of e-bonus and e-dividend in the NSE.

yes it is.

This may have been covered as I have only read the first couple of pages on this thread but I have a tiny bit of info to add. The P/E ratio could be misleading depending upon the company and the business sector. For example a high PE leads one to believe that the price being multiples of the earnings may be telling us that the stock is over valued by the market. While a low PE may lead us to believe that the earnings are huge and the stock is a steal. Beware, these are simple indicators and should be used along with other information when making market decisions.

An example is the tech bubble of the 90's wherein companies had huge PE's as within the stock price, the future earnings (as far as they can be calculated) of the company were included. So you had tech companies that had no profit but huge future profit potential thus high stock prices and huge PE's. Most of these assumptions were false and there was a market correction and prices fell BUT, some of those assumptions were not far off as many companies did and are living up to their potential.

This can go the other was as a PE can be tiny and you think its a good thing but when you look at the company you may realize that there is a consumer buying fad in place and that success will likely fail. I like to always tell people to invest in what they know, as once you understand the language of the markets and you understand that brokers want you to trade so that they can get paid, you can make the best decisions about products, services and markets with which you are familiar.

In America we are currently seeing an interesting market correction taking place with real estate. For years people have been buying overpriced homes with the expectation that someone dumber will come along and they can sell. But that is proving false and even with gov't intervention prices are still falling.

Thank you gurus in the house for what you guys are doing. I want to know whether e-dividends can be paid into a savings account or must I have a current account to enjoy this service?

I'm in need of a credible and registered stock broker in onitsha can any one suggest

@234GT
you will need a Current account to enjoy the e-divided provision, but some banks like Diamond Bank have a savings product that accepts cheques or warrants.

Ceejayo:

I'm in need of a credible and registered stock broker in onitsha can any one suggest

Go to the big guys in the business and ask if they have branches in pnitsha. thats the best solution

Good!

Didn't know we have a thread like this

Nice one peeps!

Has anybody gotten the one for two bonus declared by Oando in the last financial year.

The Nigeria Stock Market is not something you just take a shot in investing in. not this present condition of shares n stocks going down. BROADSTREETLAGOS.COM is a site you need to visit before making any investment in nigeria stock market

Hello all, Happy new yr. I think I need coaching on this issue, stock. Any good guy?

IS IT COMPULSORY TO HAVE A STOCKBROKER BEFORE ONE CAN OPEN A CSCS ACCOUNT? In other words, can someone who feels to have known enough in the stock business just walk into the cscs office to convert his shares certificates to cscs account?

gfhotee:

IS IT COMPULSORY TO HAVE A STOCKBROKER BEFORE ONE CAN OPEN A CSCS ACCOUNT? In other words, can someone who feels to have known enough in the stock business just walk into the cscs office to convert his shares certificates to cscs account?

You must have a stock broker, before a CSCS account can be opened for you.

@ manie, thanks and how much would a stock broker charge to carry out this service for me. Any fixed rate?

gfhotee:

@ manie, thanks and how much would a stock broker charge to carry out this service for me. Any fixed rate?

i dont have the exact figure here, but the total charges is about 2.5% of the value of shares bought or sold. This charge includes the broker commission of 1%, Value added tax, stamp duty etc.

Has Dandote Flour started issuing certificates? how can one replace a lost share certificate

Dear Sir/Madam,

I present to you an investment opportunity with a very high Return
On Investment (ROI).


COLUMELLA NIGERIA COMPANY is a specialized Haulage services Company
formed to carry
out transport requirement to a specialized market throughout Nigeria
and West Africa.

COLUMELLA NIGERIA is well positioned and committed to offer
qualitative Haulage and Logistics services. We take pride in our
excellent human and material resources as well as technology-driven
expertise, which enable us to deliver customized service as well as
simplified logistics solutions


OUR PLAN

In accordance to the recent increase in demand of our numerous clients and
the poor conditions of some vehicles in our fleet, we are currently planning
to acquire vehicles and expand our services to meet the demand and
expectation of our numerous customers to the highest degree. In this view, we
seek investors to add/purchase the following vehicles with their respective
prices to our existing resources:


(A COMPLETE BUSINESS PLAN WOULD BE SENT TO YOU ONCE YOU MAIL US BACK
INFORMING YOU MORE ON HOW TO INVEST AND ABOUT THE COMPANY)

This investment could be done either by shipping your trucks or in cash.
you dont have to sell your truck instead you should invest it with us


We invest in market research and product development to continually improve
the service and procure follow-on vehicles. Follow-on will be
introduced into the
demanding markets before existing vehicles enter the declining stage of their
life cycles.



WHY YOU MUST INVEST WITH US

Looking at the high returns on the business, you cannot but invest to earn as
much as 50 -60% annually.

Secondly, it is a kind of business that cannot be overtaken by the
occurrence of
time, as there must be production, consumption, importation and exportation;
then there shall always be transportation.

Thirdly, the burden of managing your portfolio is lifted up from your
shoulder;
while you rest, we do our best to give you the edge by:
1. Paying the driver and motor boy salary
2. Fuelling the vehicle
3. Renewing the vehicle documents when due
4. Maintaining and servicing the vehicle regularly

Within the span of one and half year at most, your investment is
realized, while
your capital is still intact.




SUMMARY
Please do contact us for more information and we would be glad to do
business with you.

visit our site for more information

call us on:

+2348029716876

www.columella.fewom.org

columellanigeria@gmail.com

Thank you very much

Williams Okebugwu I.

MD/CEO
Columella Nigeria Company

Dear Sir/Madam,

I present to you an investment opportunity with a very high Return
On Investment (ROI).


COLUMELLA NIGERIA COMPANY is a specialized Haulage services Company
formed to carry
out transport requirement to a specialized market throughout Nigeria
and West Africa.

COLUMELLA NIGERIA is well positioned and committed to offer
qualitative Haulage and Logistics services. We take pride in our
excellent human and material resources as well as technology-driven
expertise, which enable us to deliver customized service as well as
simplified logistics solutions


OUR PLAN

In accordance to the recent increase in demand of our numerous clients and
the poor conditions of some vehicles in our fleet, we are currently planning
to acquire vehicles and expand our services to meet the demand and
expectation of our numerous customers to the highest degree. In this view, we
seek investors to add/purchase the following vehicles with their respective
prices to our existing resources:


(A COMPLETE BUSINESS PLAN WOULD BE SENT TO YOU ONCE YOU MAIL US BACK
INFORMING YOU MORE ON HOW TO INVEST AND ABOUT THE COMPANY)

This investment could be done either by shipping your trucks or in cash.
you dont have to sell your truck instead you should invest it with us


We invest in market research and product development to continually improve
the service and procure follow-on vehicles. Follow-on will be
introduced into the
demanding markets before existing vehicles enter the declining stage of their
life cycles.



WHY YOU MUST INVEST WITH US

Looking at the high returns on the business, you cannot but invest to earn as
much as 50 -60% annually.

Secondly, it is a kind of business that cannot be overtaken by the
occurrence of
time, as there must be production, consumption, importation and exportation;
then there shall always be transportation.

Thirdly, the burden of managing your portfolio is lifted up from your
shoulder;
while you rest, we do our best to give you the edge by:
1. Paying the driver and motor boy salary
2. Fuelling the vehicle
3. Renewing the vehicle documents when due
4. Maintaining and servicing the vehicle regularly

Within the span of one and half year at most, your investment is
realized, while
your capital is still intact.




SUMMARY
Please do contact us for more information and we would be glad to do
business with you.

visit our site for more information

call us on:

+2348029716876

www.columella.fewom.org

columellanigeria@gmail.com

Thank you very much

Williams Okebugwu I.

MD/CEO
Columella Nigeria Company

please i want to invest into the stock market and i will to know how i can open a cscs account. i want to know whether there is a minimum amount i must invest before i can have my cscs account. i will like to start small and then build it up from there.
i will appreciate your quick response

Can somebody help me with this question?What is money market in a layman's languege?

@chikis, money market is simply a financial institution that has to do with borrowing and lending of money either to an individual, govt, company. examples of this are the stocks, bonds and mutual bonds

hope this helps

Wa

How can I open a fix deposit account.

@chikis, just walk into any bank and ask about there fix deposit rate

Can anyone in the house tell me the minium amount that I can use to open a fixed deposit account in first bank?

Can somebody in the please tell me the minium amount I can use to open a fixed deposit account in first bank.

@CHIKIS, you can open a fixed deposit account with a minimum of N100,000.
what i will advice is that you look at the interest rate as it varies from bank to bank.