₦airaland Forum

Hoping ETI price will not continue tanking

Where is our certificate?

REGISTRATION AS CLEARING AND FORWARDING AGENTS

Letter of Application to GM (Eastern or Western Ports) with the following documents:

Certificate of Company Registration

Memorandum and Article of Association

Bank Reference

Three years Tax Clearance Certificate

Evidence of Registration with Council for the Regulation of Freight Forwarding in Nigeria (CRFFN)

Registration fee: ₦200,000.00 payable to NPA revenue account.

Certificate is valid for One (1) year.

Annual Renewal Fee: ₦100,000.00

Timeline: 6 weeks

https://nigerianports.gov.ng/operational-services/clearing-and-forwarding-agents/

There are things you need to know to start a clearing and forwarding business.

DrAwo:
5 year summary of Guinness Nigeria results...
#Depressing...

Thank you for sharing!

OBAGADAFFI:
Pfizer's vaccines breakthrough might be fueling Neimeth movement.

I might be wrong though.

You might be right!

RabbiDoracle:
Risk is low.

In safety, you can't have a zero risk. I believe same goes with finance. You can only reduce risk to As Low As Reasonably Practicable (ALARP).

HSE baba, I hail!

emmanuelewumi:
According to the chairman it is 2 plus 2.


N3.00 was paid for 2018 financial year.

I am not sure if I got an interim dividend of N2.00, I will confirm from the registrar.

You're right

emmanuelewumi:
Total of N4.00 for 2019 financial year

Is it not 3 plus 2 sir?

N3 was paid on the 20th June

harteelolar:
Nice piece.......wew been such a long time here.

Glad to see thread is waxing strong.

Sorry.....been lost in the crypto space all along..
Very interesting space i dare to say

Which trading platform or app do you use?

ojeysky:
Last week, I mistakenly sold my nestle at market price which I thought was still on 975, not a loss though as they were bought at lower price but folks watchout before you hit the sell button

Do you see more prospect? Buy again nan and continue the journey. It's @910 now, no lost, no mistake.

RabbiDoracle:
No matter how tough it is, market should continue to deliver.

We should be entering the ten ten percent daily rise phase.

Wicked rise.

Oga Oracle, this your confidence scares me. I can't wait to see it come to reality. Even God lends a hand to honest boldness.

@Mcy, plz help with this. How do I withdraw fund from my MorganCapital portfolio? I'm yet to get used to the platform.
To be candid, Morgan is good for traders. I like the Price-Volume relationship menu.

Justcul:
Same here sir, that's why I feel for people investing with illiquid, non dividend penny stocks... right now, I buy only dividend paying stocks at value prices. Which explains why I bought DangCement @ 124, 116, 112 instead of buying into WAPCO @10

I'm not saying WAPCO is not a good stock. I prefer to sleep at night and not bother about daily closing prices

Paid fees on Eterna oil, fcmb etc. Not anymore, only GTBs and Zees of this world..

School fees on FCMB? I doubt that because it will likely be the same fees with DangCem, GTB and Zenith you cited.

FBNH

naturalflow:
http://www.nse.com.ng/Financial_NewsDocs/29703_U_A_C_N__OF_NIGERIA_PLC._FINANCIAL_STATEMENTS_APRIL_2020.pdf incase you have not seen it.9billion loss after tax.

UACN

Unilever Nigeria Plc - Revenue drops; technical devaluation to further pressure FY 20 earnings

RabbiDoracle:
Na the usual move be that.

It was due to do 10 10%.

Most people should have it on their portfolio. It is currently on 30% gain.

I wanted to recoup my lost ni. I didn't sell when you were shouting sell! Sell, hold cash.
I was busy with tight schedule at work. Now, here is lockdown, eyes don open!

seyisanya:
Sir, please what trading platform do you use? And do you do this yourself or have to send "buy" mandates to your broker?

I use ARM stocktrade.
But I got an answer to my dilemma already; never chase a moving train. Though it wasn't moving at first when I bought @ 22.
When I then woke up to buy more, it became something else. I keep placing the trade at the open price. For where, before I say jack, it's full bid at the close price. Painful!

I'm yet to understand something.
Since NB has been 22 I keep placing trades but it never gets filled.
I placed at 24.4, no way. @26.8, no way.
Those are the opening prices. Until today, I placed @29.45, then it got filled. Maybe it will close there.

Mcy56:
Means you've not been following the discussions here as such.
When NB fell to around 24 or so, oga Oracle mentioned that it should get to around 22+ or thereabout, and that it will be good for pick at that junction......not the exact word.
Pa Emma also said something positive about it.
I equally echoed it and also mentioned it to someone. Can't search for the post now.
Some good info do come in thru jokes and normal postings, make Una dey read all but sift it.

Nice one!

Bomboclad:
Possible in BUA but i doubt same for GTB. The banking index is doing the expected.

Oga Oracle, see what Nigerian Breweries share price has been doing. 10 10% since last week.
Why is nobody talking about this?
Sis Mcy, you've been dodging this stock.

Perculiar:
Hello intellectuals, please i'm a newbie who can lecture me on how to start trading. trust me i will learn fast. thank you.

I will watch out for you and be of help. Do you have funds to trade now? Do you already have a brokerage account?

Feel free to ask any questions. Our madam @Mcy56 is always of help to newbies here. I will be happy to compliment her efforts.

Biafran4life:
There is a cycle that has played out in this two stocks twice now, zenith and ubcapital.The third will not miss me out.Zenith @ sub #10 it will fire to #12.50 and ubcapital at sub #2.00 and it will fire to #2.50.This is cool money for those who have done it twice with good capital.This has been a sure bet

I pray cycle will repeat one more time

Mcy56:
You're right sir.
I personally believed GTB is trading on goodwill, the gap shouldn't be much with Zee.

Some people must have seen GTB report card, maybe the result does not look good!

Jejebabaa:
Pastor Vee, u dont know Oracle strategy and stop guessing please. I am privileged to know his strategy, he buys at a very low price with good margin of safety, even if market drops further after buying, he keeps buying and getting dividends. Then when the market euphoria comes and people start giving ridiculously high prices stocks will get to, then he start to sell and handover his kaya to the market optimist that are waiting for wapco to hit 3 euros.
He is not a trader and doesn't look for 10-20% capital gain. He enters stocks at a ridiculous low price that can give him atleast 100%. A case study was the fidelity he bought at 80 Kobo and sold for 224% gain. He is someone I am privileged to know and also learn from his strategy. He has saved me millions of naira in terms of capital loss. He asked me to sell my uba during the last bull and told me my entry price of 7 naira was too high. Thank God I sold then, if not my uba would have gone back to a loss position in my portfolio.
He is of the strategy of if it doesn't poo, it must vomit but his point has always been buy low with good margin of safety as preached by the intelligent investor by Prof Ben Graham.

Thanks for taking the time to share this!

Mcy56:
Unilever is getting bashed while Vitafoam is getting a pat at the back.
Why this? Your guess is as good as mine....report card.
If vitafoam is one of these liquid stocks, it should be on full bid by now.
Anyway: just a reminder that their qualification/dividend payment date is Feb.

This autocorrect self.

I always like your live update, it's well appreciated!
It will be much more lovely on a WhatsApp group

ukay2:
Bishop TD JAKES message on DEDICATION TO YOUR DECISIONS FOR THE DECADE. ...made my Sunday today.

Friends. ....you can Google it....its a powerful message to listen. ..

Happy Sunday ALL.

Where did you listen to the msg? Do you refer to the trending "Dedication to Destiny" message?

CashDiMkpa:
Low kwa?

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It's getting more interesting!

Ok

Fantastic example
Thanks